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Learning from proven processes, like how nature works:
- Individuals, Teams, Companies, and Countries require economic "nutrients" to grow and reproduce,
just as cells, organs, organisms, and bodies require biologic nutrients to grow and reproduce.
- Maslow defined the following hierarchy of human needs: safety; shelter; food; society; and then esteem.
Growing a new company starts when there are services or products creating cash flow to indivuals to pay to meet these needs.
- The way companies, teams, and individuals keep track of their contribution is by the cash flow they generate.
- Cash transfers for work done keep individuals, teams, and companies growing,
just like water keeps trees and plants growing.
Running the Cooperation or Partnership using proven business practices:
- Each side honoring International Intellectual Property (IP) Laws and protecting the other side's IP.
- Each side reporting to the other side even the appearance of wrong doing regarding IP,
or other improper business practice by any employees or customers.
- Each side defining what they are good at (see NetWork.html for a summary of the W3D NetWork).
- Each side identifying potential customers and defining the needs of these customers.
- Each side developing products and productizing them for sale in both markets.
- Each side providing services to the other side based on their products and professional background and experience.
- Each side using the other sides products and services to gain additional experience.
- Each side documenting Best Practices and Lookbacks (especially including failures/learnings),
creating a digital library of reference material for both sides.
- Each side testing and, when the products are ready for sale, completing the packaging the other sides products for sale in their market.
- Each side selling the products and consulting services of the other side:
- Side 1 Identifies an Opportunity:
- Define Required Products.
- Define Required Skills.
- Define Deliverables.
- Define Timeline.
- Define Milestones.
- Define Payment Triggers.
- Side 2 provides a Bid to meet the Opportunity:
- Required Retainer.
- Production Costs.
- Consulting Costs.
- Time Needed to Meet Each Milestone.
- Payment Requirements.
- Side 1 Negotiates and Signs a Contract Agreeable to Both Sides:
- Ideally an Umbrella Contract allowing Project Work Orders.
- Alternatively a Contract for a specific Project.
- Side 2 Performs Against the Contract:
- Form a Virtual Team.
- Collect, Process, Analyze, and Interpret Data.
- Collect, get Export Approval, and Export Prodcuts.
- Perform Services.
- Write Final Report.
- Document Best Practices and Lookbacks (especially including failures/learnings).
- Side 1 insures Payments are made to Side 2 according to the contract:
- 1/3 less 5% at signing of Contract.
- 1/3 less 5% at a major milestone.
- 1/3 less 5% at delivery of final report.
- Note: Side 1 can charge more for the Project than the Bid Side 2 makes or the Contract with Side 2, thus earning more Profit than the 5% sales commission.
- Projects will use the ADDIM Process:
- A: Analyze the client needs.
- D: Design a solution.
- D: Develop any specialty products required to provide the client a complete solution.
- I: Implement.
- M: Maintain and provide customer support.
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