This week guest speaker, Matthew Tolentino who graduated from Tacoma and work as Assistant Professor within the Electrical and Computer Engineering Department. He's founder of Intelligent Platform & Architecture (IPA) and developed technology which helped Tacoma Fire Department problem. The interesting is he had no idea with their problem at first, he just went straight and ask "what is your problem?" Somehow it's a good way to find out. Compare to Erik, I felt like Mathew has more engineering side in him more than business, but he knows the core of the entrepreneurship. He developed his product in term to solve tracking chemical spills and the “lost firefighter” problem. And when he talked about RFID systems and bread crumb trail so they can calculate the situation inside the building before the firefighters going into by transition every firefighter into a mobile sensing platform. By that, the department can get the information location, floor-plan, and vital signs without any threat. it's pretty cool by seeing his product using the same base system as mine as using mobile sensing platform and RFID data to gather the information. I'm very curious about he talked about when he asked Tacoma Fire Department about their problem, then after that, he took 1 years to develop his technology with his students. So the money is base come from his work in Electrical and Computer Engineering department. And last the thing is we all try to protect the ownership but he already gave the ownership to the one who paid it, the only thing he keeps is the credit of the product, somehow a little bit different from the other business.
Since I have no experience about making a business, it's nice to have a person who has a successful business, who rolled through ups and downs in business life came to the class and tell his story which helped me imagined more about that world. The first thing I heard from him is really surprise me which is if I have a business idea, start it, even though I don't know what it's gonna be, where it's gonna go. I'm a person who always think a lot before doing anything, if I don't know where I go, I'm not gonna start anything, you could say that's I'm hesitating a lot. And after that, Erik shared more about his life, how he maintains his money flow and keep the base for his main business by he and his wife doing different things beside the main side x side business which is teaching, writing book,...The money from it is lower than the main one, but it seems less peak up and down, so when things happened for the main business, he still has a back up p...
Comments
Post a Comment