Thursday, November 17, 2011

Can IP really provide protection (Networking Event)

having a Intellectual Property rights can provides huge advantages for individuals, organizations , and start-ups. I would say that this is correct as long as you have the patent at hand. Howver , I dout that it provides any ptotuction given the fact that getting patent approved takes tepeically 3 to 6 years. It also may costs up to 40 thousands dollars.
These information are take from  Jeffrey Duquette, Esq., (Mirick O’Connell, LLP) who happens to be WPI alumi of Class of 1991, Mechanical Engineering during his take titled: Understanding and Navigating the IP Landscape - An Intellectual Property Overview" on Tuesday, November 15, 2011
as part of the Collaborative for Entrepreneurship & Innovation venture programs.
His talk was about how the Intellectual property (IP) refers generally to a group of intangible assets which can have a significant impact on a company's operation and growth. This workshop explored the different types of intellectual property protection available - patents, trademarks, copyrights, and trade secrets - as well as ways in which to identify and protect your company's IP.
As curios as I could be , is as depressed I was when I knew that getting the patent is costly and time consuming task. This adds to the already high presser on entrepreneurs and start-up owners because some time - if they are lucky enough - they are capitalizing on the possibility of getting an IP to attractive investors to fund their ventures.
again , if it takes 3-6 years to get IP, then what should entrepreneurs do throughout all those years beside working to get the IP aprroval?
and who and how that idea can be protected in that gray time period?
and how entrepreneurs can even fund the approval process?
If I have good amount of money , I will create a company that is a sort of Venture Capital only for the purpose of funding inventors, innovators, and entrepreneurs during the IP approval process. What do you think?

Saturday, November 12, 2011

The 20 Most Innovative Startups In Tech

the following link contains the 20 most innovative start-ups in tech:

http://www.businessinsider.com/20-innovative-startups-2011-11?utm_source=%23frankguillen&utm_medium=twitter&utm_campaign=FrankGuillen+Buzz#

Personally , I think , at least 50% of those are not going to fly. However , all of those have made it successfully to raise some money which is surprising, but, what is even more surprising is that how innovation can be in one of the simplest form possible.  That is taking something that we all know , and put it in a different use , probably tweak it a little.
In all those innovative start-ups , there was notthing that is completely new. This is such a great news for all of us, since being innovators and entrepreneurs know has become closer. Closer in a sense that one just needs to use whatever is already available to put in a better use.
The best example is illustrate this is to look when the use of check list in industrial setting started vs when it started inside the operation (surgery) room in hospitals!
 

Sunday, November 6, 2011

Where are customers in the mind of corporations?

Where are customers in the mind of corporations?
the answer is simple : they are in the market there and corporations are working their best to target them. Some may think that corporations are targeting them by offering them their products. Well, that is right , but some corporations are targeting customers in a way that they are shooting them and their innovations. This can be in a form of "we know what the customers want" or late customer involvement in the product/service development , if any.
the numbers mentioned in MIT paper regarding the consumer-centered-innovations are shocking , for example , in UK, individual spends money on R&D 140% more than the corporations do on R&D !
I consider this demand changing the R&D from usually a division of most of the companies to something that is far different.
I strongly believe that we are in a time where organizations that does not keep their customers heavily involved in all the business's stages, they are far from being stable and are deemed for failure.
Ideally , when 2 persons are thinking together, the outcomes should be better than when only one person thinking about the same thing , but that when not taking all the inter-people destructive forces into considerations. Because we people are not that good at cooperating and exchanging thoughts , some times individuals' R&Ds are able to easily beat big corporations' ones.

Wednesday, November 2, 2011

Who is LetusLearn fist costumer?

The education process has two major parts, the learning and the accreditation. LetsLearn will assume the learning part by providing a global tool that serves as a source of exchanging knowledge between knowledge seekers. It is a free website that connects similar-interest field-mates virtually to address academic difficulties and share ideas. It also serves as a tool to form study groups. Once you create your profile and state your current course/s or interest/s, then our unique matching system will search our database and recommend people with similar academic interest. Once matched, our unique learning tools will make things easier for your courses by helping each other, forming study groups and even global project teams.

Since we are based in Massachusetts, I suggest we start in this state, based on the following facts:
·      A quick internet search for statistics of Mass schools revealed that there are 1831 organizations falling under the public schools  umbrella below, there is the source:
http://profiles.doe.mass.edu/search/search.aspx?leftNavId=

·      There are more than 100 colleges in Mass
·      Mass area is perfect for start up. Moreover, what is the first state when it comes college ranks? In other words, if we can be successful here, it will work for our benefit since we can leverage having the best colleges in the world in Mass, which can be considered a lead in the global education industry 

Saturday, October 29, 2011

Leadership Style, ENTP

I have been chosen to attend EDAD "Preparation in Arabic"program that was organized by Mckinsey and Company in Boston , during this year. One of the thing they requested us to do , even before the program started is to go online and take the MBTI questionnaire. They made sure to tell every participant that this is not meant to be part of the recruitment or evaluation processes.
MBTI reports tell you your preference for each of four pairs:
  • Extroversion or Introversion E or I
  • Sensing or Intuition S or N
  • Thinking or Feeling T or F
  • Judging or Perceiving J or P1
If there was nothing valuable than knowing my self "knowing my type" , I would still consider that weekend program as one of the best in my life.
I knew what I really like, specially when dealing with others , and how I can be more effective by modifying what I do to others and allowing others to know me and deal accordingly.
MBTI has a pool of 16 personality type, I was ENTP type.
Quick, ingenious, stimulating, alert, and outspoken. Resourceful in solving new and challenging problems. Adept at generating conceptual possibilities and then analyzing them strategically. Good at reading other people. Bored by routine, will seldom do the same thing the same way, apt to turn to one new interest after another1.

This is one of the many reasons that I really would like to join Mckinsey as it is a firm that truly provide its employee with what they really need to be at their peak , then challenge them.
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http://www.myersbriggs.org/my-mbti-personality-type/mbti-basics/the-16-mbti-types.asp

the future of humanity ... and payements

Friday, October 28, 2011

Riyadh Startup Weekend (Networking event virtual attendance)

I was a amused when following - although wirelessly -  the Start-up Weekend in Saudi Arabia, Riyad ..
it is a free 3 days program for young entrepreneurs to gather , exchange ideas, form teams , get guidance from experts in a competition environment, where in the final day , "Friday , since the weekend in Saudi Arabia is Thursday and Friday".
First, I was happy because of the event being in place,  in away that hopefully can help young entrepreneurs fulfill their needs of ourcue their dreams , regardless of wither they fail or succeed.
Second, it is full of youth, from both initiators, planners , organizers and participants. However, I noticed there was no Joint Venture Capitals, banks, investors and alike...
This movement along with all what is going on in the entire Middle East area is promising , of course after things settle down, Looking at the young populations in that area, it is dominated by youth.
going back to my country Saudi Arabia , with so many investment opportunity and interest free loans provided from the government and other non-profit agencies.   On top of this,  it is a tax free country , this is really charging me with a huge momentum to go back home as soon as possible and indulge in those opportunities equipped with all the knowledge I am getting from WPI.