Now that you have read the introduction, I want to give a really quick overview of what I have done to validate this experiment to date. You may well be aware that I'm less than a week into this adventure and I will start posting once a day for status updates. For now:
- Read the book "The 4-Hour Workweek", by Timothy Ferriss. I finished my first complete read-through on the night of Friday, December 21, 2007 - the third day of ownership.
- Started reading the book "The Magic of Thinking Big" by David Schwartz. I purchased this book on Saturday, December 22, 2007. As of now, I have only read to the end of page 74. Will start reading more tonight, starting on Chapter Four.
- Contacted a Contract Manufacturer. You know I have an idea. You know I have no clue how to bring it to market. I suppose the first step is to figure out how much the physical device will cost. I have a conference call setup with them on December 26th. I don't know what to expect from this call. I already emailed them the details of what I need, but it's probably too generic for them to give an accurate quote. This is the FIRST company that I have contacted for a quote. I will contact at least three more companies. I found the company from a link in Tim's book (anything you need manufactured....). This very well may be a task that I offload to a VA when the time is right. For now, I'll do the initial grunt -work and then let them shop around. I need to put a business plan together and knowing how much this thing is going to cost me to have manufactured is a huge missing link. BTW, I haven't started the Business Plan yet - it's only in my head.
- I did some prototying BEFORE ALL OF THIS, for what I think is the most difficult aspect of the software design. I spent probably a few days on it, but just an hour here or an hour there - not full days.
That's it! Pretty much starting from scatch. As I do and learn more I'll let you know!
2 comments:
Great stuff. Still motivated! Two questions:
1) Which contract manufacturer did you choose?
2) Why do you recommend "The Magic of Thinking BIG"? What / how does it add ot the FHWW concepts? I'd love to expand my library, but have so many books on my to-read list that I have to be careful what I add!
1) Can't say! ;-) Don't mean to be like this, but I don't know how much value they would be for your project anyway because they are FOCUSED in a specific type of thing I'm manufacturing. I would place 10,000 to 1 odds that you aren't manufacturing anything close to this device! :-)
2) I think Tim probably borrowed some good ideas from this book. It's not expensive. It's a classic. I think it was first published in the 60's. 80/20 rule is discussed. Competition being less for bigger thinkers is focused on. Didn't Tim say something like that? Less competition at the top? Every man is basically the same - similar needs, insecurities, etc... Just good, solid stuff. I have not finished it yet, but from what I have read I liked it. I'm not so much pushing that book though. Otherwise this would be a blog about thinking big! LOL... well, I am thinking big, but because of the 4HWW work. BTW, Tim mentioned this book in his references section of HIS book! That's the only way I knew about it. Cover says more than 4 million copies sold - it must be good for something!
Enjoy!
-M
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