ACTIVELY BEING IRRESPONSIBLE

Our pitching is tomorrow, 13th October 2009.

Will it be a reality check for us? Or will it be a turning point in my life?

Practiced with Spencer and May on Sunday. Props! Thanks guys for scrutinizing...No mercy!

Agenda tomorrow:

9am - 'Other' work's chores
10:30am - Brunch with Shum at Old Town
11:30am - Let MDeC know we are there (Berlian Room)
11:30am - 12:29pm - Prance around, kan cheong, poking Shum (prolly), formalities with other participants and MDeC staff
12:30pm - 1:00pm - Presentation!
1:00pm onwards - Sulk? Demured? Or happy and joyful?

Shum - Smell like roses? Or crash and burn?

Resubmitted the application for batch 20 with the advised changes from our advisor.  Thanks for that!

Hopefully, we can get an interview.

In the mean time, the war has not yet won.  Next step:

- Get LOI from our vendor
- Get LOI from our supplier

And then, if we were called to the pre seed's interview, we get a stronger chance of being approved.

Just submitted another proposal to get funding.  This time we are asking from private investors from a local company, whom are a potential client too!

We are just hoping for a chance to present to them and if they show some interest, then we are talking! Seriously, for us, an LOI would be a good start.  Then we would leverage on that LOI for our provider.  That will help put us on the right track.

Life = risk.  If you haven't failed before, you haven't lived!

Hit a snag on our Pre Seed application.  Our advisor bounced back with some comments on our application form and we need to fix it quick.  Final day of submission is on 8th Sept 2009!

One question: What is the difference between Proof of Concept and Prototype?

Googling doesn't help as there are a lot of opinions out there but here goes:

Proof of Concept
The evidence that a product, technology or an information system is viable and capable of solving an organization's particular problem. A proof of concept is often developed for new products that have not yet come to market.

Prototype
1. An original type, form, or instance serving as a basis or standard for later stages.
2. An original, full-scale, and usually working model of a new product or new version of an existing product.
3. An early, typical example.
 
Awfully close isn't it? But what is clear to me:
 
Proof of concept - to show that it CAN BE done and it is a viable solution
 
Prototype - ALREADY KNOW it can be done, this is the first crude model with a lot of placeholders/temporary finishings
 
What do you think?

Taken from http://melindayeoh.com/

1.Dream big

2.Do what you love to do

3.Commit to excellence- be the top 10% in your biz

4.Develop unique ability

5.Accept responsibility

6.Develop a clear sense of direction

7.Refuse to consider possibility of failure

8.Solutions oriented

9.Develop workaholic mentality-work very hard at the beginning of your biz

10.Get around the right positive people

11.Be prepared to go from peak to peak

12.Develop resilience and bounce back-how long does it take for you to get back to normal?

13.Focus questions- ask yourself brutal questions

14.Become unshakable optimist-think/talk abt your goals all the time. Look 4 the good in evry situation

15.Dedicate yourself to serving others

16.Develop reputation for speed & dependability-which activity contributes the most to your biz?

17.Be very honest with yourself- what’s the situation honestly? Don’t self disillusion

18.Concentrate single-minded-ly one at a time

19.Be decisive

20.Backed everything you do with courage & persistence

21.Self-disipline – take time to plan, then decide & ACTION!

I shall print this and stick it in my room

28th Aug 2009

Shum and I submitted our application form at MMU's incubator (now named TeCC).

The submission date was from 24nd August to 9th September and when we submitted, there's already 2 submissions ahead of us.

Our project will be a mobile VAS (value added service) and we put in a lot of effort fleshing out the details and such.

Hope we can get in!

For those who need more info on the pre seed grant, go here: http://www.technopreneurdevelopment.net.my/cms/AllProduct.asp?CatID=122