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Basic Assignments
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Notes:
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- Steve is not afraid of making a change. - Steve was hoping that Russell would catch the vision along our line of vision. - It seems like AFB is looking for a piggyback ride. - The sales of the new tools are already falling on adilas. - If needed, we could play hardball. That is not our goal. - Our plan was to try to stretch out and get more help. - AFB is so strategic that it almost seems like we are not the same team. - Normal 3rd party deals are 70/30 or 80/20, where we keep certain percentages. - Possible options... withdraw the offer - we also need to say stop on all future building. No more meetings, no more free time. What about what already exists? They want a type of a buyout. Time is hard to calculate a cost on. We need to negotiate on what will happen in the future. No more power play... if you want to build something else... feel free, but it will be on your own servers. We put a value on what has been done and then start working toward that value. - If we want to bring time into the negotiations, we could play the game. We have Steve time, Brandon time, Shannon time, Shari O. time, David time, Alan time, etc. We also have system usage from Chris Johnnie that could be brought into the puzzle. - Steve is trying to teach a practical business lesson. Looking at the whole picture. - We could present them with a couple of other options. - We really need to be on the same team. - We have an abundant model. We can get others to fill the positions. - We have a reoccurring revenue model. We are a valid solution for companies and it works. - We need a graphic designer. - Option 2 - Close out AFB and transition into plain Adilas (same team). We figure out the value and then figure out the payback options. This could be monthly revenue percentages and free usage of the system for Chris Johnnie. It could also be some number that gets put on the balance sheet. We may want to explore some of these options. We are offering Russell an awesome reoccurring model. This is a percentage forever. That is the payout. - We need to close down the AFB mine shaft. No more side projects. If they still want to play along those lines... we need to separate them into a valid 3rd party solution. - If we can separate Russell from AFB, we may want to play. If not, we'll go somewhere else. We need somebody who is fully on our team. This is a marriage type relationship. - A couple of questions for Russell - Can he play at the same level as Steve or Brandon - meaning how we work together? Can you compromise (in a good way) and work with the team? Are you willing to talk things out vs just jumping in and pushing forward? We don't want any underhanded strategies going on... We are all on the same team. - We are virtually offering Russell a key spot in this company. Does he want to play? Yes or no. - We are hoping that Russell will see what we have offer and jump on. If it comes down to it, we will pick Alan over Russell due to how easy he is to work with us and jump in and play the game. - We are being pioneers in the business world. We are ok with that. - There are a number of new things coming... new technologies that will take over and take jobs from employees. We are seeing more things being headed into small strategic teams or groups. More things than we can even see now. - There is a hidden cost to managing some of these things. It takes time to make decisions and help mange things. - SSC or Start, Stop, Continue - This is way or method of dealing with things. - If Chris and Russell want to bring in new monies... we need to play in new ways. We need to keep it on a 3rd party level. - Planning the wedding vs planning the marriage. Look out to the future and make plans out further than the current event or meeting. After the meeting with Steve, I called Newtek and got put on hold for almost an hour. While on hold, I was printing checks and running sites and code to check on email settings and options. The guy from Newtek helped me out and we, in theory, got the adilas email problem fixed. As a side note, you should see the adilas payables (monies owed to other parties). This is the cleanest and smallest it has ever looked. Pretty cool. |