Helping new technology companies by sharing knowledge
Experience and perspective can influence all parts of a successful business.
13 patents available upon request.
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A private license or an instrument rating is a license to keep learning, not an end in itself. We must experience a situation to really learn what it feels like and how to surmount problems. Accident statistics show that the most dangerous time for a pilot is the first 100 hours after More . . .
You have developed some technology that appears to be different enough to get someone to pay for it, and, even better, you have managed to sell a few examples. What do you do now? First, remember that the difference between a hobby and a business More . . .
The primary objective is to develop a documented and manufacturable product as fast and economically as possible. This process must start with a design spec that is focused on functionality not specific components. Ideally the design engineers More . . .
As a company and its markets grow and mature, the need increases for a separate group to do new product development and marketing. The natural progression of an organization More . . .
To get to the next stage the CEO and the company need to change to the behavior appropriate for the next stage. More Handout. . . More Talk Outline . . .
In our experience it is normal for a company adding a new laser technology to take six months to a year to feel comfortable enough to fully utilize the technology they bought. With good planning and training before More . . .
In order to successfully implement a laser in manufacturing, the basic economics of the process need to be understood first, and if it is a new application, whether laser processing will be more cost effective More . . .
Fiber lasers (FL) and the disc laser have the potential to be a disruptive technology as compared to existing industrial laser technology, such that when the fiber or disc technology is perfected, it will displace 40% of the existing industrial lasers sold. This assumes the existing technology to manufacture fiber lasers More . . .
Down times are as much a part of business as up times. In the 25 years we owned a company in the laser business we went through four major downturns. Through each downturn I tried to manage with the goal of coming out the other side with as much capability intact as possible. Each time economic conditions did improve and we were able to grow. The ideas in this article are ones we learned but are by no means a complete list. You will need to analyze your individual situation and consult with knowledgeable people to develop a plan of action that fits your organization. I hope the ideas in this article will be useful in your quest to survive these difficult times. More . . .
Factors, characteristics, and understanding of your customers leads to better marketing. (Powerpoint presentation available) More . . .
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