Tuesday, February 12, 2008

Civi-Side update

Wow...it's been about 6 weeks since my last post. Over that time we sealed the deal with our investor, and have been building the site. We have also figured out a great long-term revenue model that will keep us in the black from the get-go.

Not to say that everything has gone smoothly. Over initial negotiations with the Department of National Defence appear to have gone nowhere. This outcome put us into a position where we had to rethink how we would make money to sustain this service. Necessity being the mother of invention kicked in and through observing other business models, and a bit of serendipity, we came up with a sustainable revenue model that actually increases our revenue potential and makes the service even more attractive to employers.

I have said it repeatedly in this blog, perseverance and creativity are the key attributes of entreprenurs. Even if you don't have all the talent in the world, the universe miraculously allows these qualities to make up for shortfalls.

I will endeavor to keep this blog more up to date. I think that this opportunity will end up being exponentially more interesting than anything that has come before it.

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