Wednesday, January 7, 2009

Response to commentor

Thank you for some excellent feedback and viewpoint. It is very insightful and jumps ahead to the goal of what I am trying to accomplish here.

As you can read in my bio, for several years I worked on a project called “Digital Lore” (which created the Lorecrafter Game Publishing System). This project is aimed at bringing forth the concept you mention into reality.

What I plan with this BLOG, is not only to confirm the vision you have mentioned, but to provide the stepping stones on how to achieve that vision, not only from the design standpoint, but from the business standpoint.

For several years I created business plans, design documents and prototypes. I plan to make available that information to facilitate the success of someone who can take this concept forward.

Let me take a minute and describe the real problem.

The design stuff is fairly easy to be honest. All of what you describe has already been designed and all the problems solved.

It is building a sufficient business case and getting in front of the right person that can invest enough to get it started and then subsequently secure additional rounds of investment to bring forth this concept into reality. I will tell you now that from a business perspective, this look really risky. For people who do not have the knowledge that you (the commenter to whom I am primarily addressing) and I have, this seems bewildering. These folks do not talk the same language, to not live with the same understanding. The problem is how do we convince someone, demonstrate to them, four things.

1. That there is a need in the marketplace,
2. That this concept fills that need
3. That we can create development team that can bring that concept into reality.
4. That once created we can market a functional business and run it and be profitable
to give a healthy if not fabulous return on the investment.

Perhaps there is a fifth as well, and I will get into that later.

Just so you know the reality of this project, we are talking between 3 to 4 years of development time from scratch, and at least 20 Million dollars of incremental funding. If we want to add many more millions we can purchase or perhaps partner with some companies that can cut down on development time.

What I will show with this Blog is how to solve the design issues. Then the business model concept and prove how it works. Then the market research that shows the needs in the marketplace. Then talk about companies who are already half way there with their orientation and technology (But may not fully realize their potential).

Thanks for the feedback..and do not give up hope. As a side, David Weber, the originator of Paper Mayhem I am sure would be glad of the comment to his passion.

Jim

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