2019 Annual Board meeting

Today was our annual board meeting. The upside was that we have spent approximately $500 for the year not counting sweat equity but the downside is that we still haven’t made a dime of revenue.

We reviewed the system status, finances and finally plans for 2020. The system is looking good – it’s like seeing a skyscraper with only a the beams and the foundation built. There’s a ton of additional work to do but it does look good.

Finances, well, not much out and nothing in. Nuf’ said.

The roadmap is a little more interesting because I finally think we’re ready to start showing off the early builds to gage interest and start early stage fundraising. We need about $250K in dev and another $100K for marketing and business development before we can fully launch. Or, I think we do. I plan on having tighter numbers by the end of the month or early January.

We finished in about an hour – not bad for our only meeting of the year. The mood was optimistic but not giddy. We’ve done giddy and anxious before and it doesn’t help.

A short history

I just finished updating our Trello board. Every Monday I try to get our team (pretty small at this point) to share what they’ve done over the last week and their plans for the next week.

We’ve been doing this project for about four years and have gotten better at it over time. We still haven’t released anything yet, but our work processes have certainly gotten better. 

I pitched the idea of doing this project to my main business partner (and the developer) in the spring of 2015. We then spent the summer discussing the idea and not really accomplishing a lot of coding. 

My BP is a professor so he really only gets summers to work on the code and a little time in on Christmas break. So, after some decent discussions and ideas in 2015 we basically didn’t get a lot done until the summer of 2016. 

By then, we’d setup a JIRA and Confluence account and made some good progress but while we had the bones of the project – still nothing.

The summer of 2017 was very good and we made a lot of good progress. We had a version 0.6 and it seemed like it was really moving along; except by this time our platform was super out of date (AngularJS). Under the idea that a replatform to the new Angular wouldn’t take that long we decided to upgrade – except it wasn’t a simple process.

The Angular people made a mess of the upgraded platform so we decided to move over to React. The summer of 2018 has been the replatform and us trying out different developers. 

We’ve learned a bunch about project management, planning and development over the past three years & I think we’re now ready to drive the project to completion.