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	<title>Ideas Hut &#187; Hardware</title>
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	<link>http://ideashut.com</link>
	<description>Helping the Startup Culture in Pakistan!</description>
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		<title>Wirless Charger</title>
		<link>http://ideashut.com/idea/wirless-charger/</link>
		<comments>http://ideashut.com/idea/wirless-charger/#comments</comments>
		<pubDate>Thu, 11 Feb 2010 19:22:37 +0000</pubDate>
		<dc:creator>Shoaib Jillani</dc:creator>
				<category><![CDATA[Hardware]]></category>
		<category><![CDATA[charger]]></category>
		<category><![CDATA[laptop]]></category>
		<category><![CDATA[netbook]]></category>
		<category><![CDATA[notebook]]></category>
		<category><![CDATA[wireless]]></category>

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		<description><![CDATA[What is it Like wire less network and televisions control by a remote control why not it is possible that we can charge our notebooks and PDA devices I did not know may be there will be some solution or some company have already done it if it is done then please tell if you [...]]]></description>
			<content:encoded><![CDATA[<p><strong>What is it</strong></p>
<p>Like wire less network and televisions control by a remote control why not it is possible that we can charge our notebooks and PDA devices I did not know may be there will be some solution or some company have already done it if it is done then please tell if you know any company who have introduce this technology. Or if it is not done then this technology must be introduced by some Pakistani I really like that this technology will be introduced by our brother.</p>
<p>And I know the company which will introduce it will be multinational company like Acer, HP etc and no Pakistani company is working on notebooks or on PDAs but it can be done by some our engineer who can sell this technology to those companies</p>
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		<slash:comments>1</slash:comments>
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		<item>
		<title>Explosives Detective System</title>
		<link>http://ideashut.com/idea/explosives-detective-system/</link>
		<comments>http://ideashut.com/idea/explosives-detective-system/#comments</comments>
		<pubDate>Fri, 23 Oct 2009 19:36:22 +0000</pubDate>
		<dc:creator>Hina Aman</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Hardware]]></category>
		<category><![CDATA[Research]]></category>
		<category><![CDATA[Software System]]></category>
		<category><![CDATA[bomb]]></category>
		<category><![CDATA[detective system]]></category>
		<category><![CDATA[explosive]]></category>
		<category><![CDATA[prevent]]></category>
		<category><![CDATA[scan]]></category>
		<category><![CDATA[suicide bombing]]></category>
		<category><![CDATA[terrorism]]></category>

		<guid isPermaLink="false">http://ideashut.com/?p=56</guid>
		<description><![CDATA[What is it A system to detect the presence of explosives within a particular range. What is it There already are mechanisms &#038; machines used for the detection of explosives at places like airports but their use is limited and much act like scans. We need to extend the functionality and introduce a system rather [...]]]></description>
			<content:encoded><![CDATA[<p><strong>What is it</strong><br />
A system to detect the presence of explosives within a particular range. </p>
<p><strong>What is it</strong><br />
There already are mechanisms &#038; machines used for the detection of explosives at places like airports but their use is limited and much act like scans. We need to extend the functionality and introduce a system rather acts like a radar.</p>
<p><strong>Why is it needed</strong><br />
Considering today&#8217;s security conditions, the device should be able to prevent bombings including suicide bombings by detecting the suicide bomber.</p>
<p><strong>Where is the money</strong><br />
An innocent life saved is worth more than a zillion dollars.</p>
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		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>P@SHA Entrepreneurship Seminar</title>
		<link>http://ideashut.com/idea/psha-entrepreneurship-seminar/</link>
		<comments>http://ideashut.com/idea/psha-entrepreneurship-seminar/#comments</comments>
		<pubDate>Wed, 29 Jul 2009 10:22:44 +0000</pubDate>
		<dc:creator>Fariha Akhtar</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Hardware]]></category>

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		<description><![CDATA[So, here I come again with yet another live blog (yes i&#8217;m alive and so is Ideas Hut &#8211; we all were just being dormant) . Today, I&#8217;m going to live blog from the P@SHA Entrepreneurship Seminar with two seasoned entrepreneurs from Idris Kothari and Saeed Kazmi visiting from Silicon Valley. You can find details [...]]]></description>
			<content:encoded><![CDATA[<p>So, here I come again with yet another live blog (yes i&#8217;m alive and so is Ideas Hut &#8211; we all were just being dormant) . Today, I&#8217;m going to live blog from the P@SHA Entrepreneurship Seminar with two seasoned entrepreneurs from <strong>Idris Kothari </strong>and <strong>Saeed Kazmi </strong>visiting from Silicon Valley. You can find details of this seminar on Jehan Ara&#8217;s blog <a href="http://jehanara.wordpress.com/2009/07/26/psha-announces-seminar-with-seasoned-entrepreneurs-from-silicon-valley/">here</a>. For the live coverage, however, stay here! You can participate online as well and I shall try my best to forward you questions/comments to Idris and Saeed; and ah get their answers as well :-) <a href="”http://www.coveritlive.com/mobile.php?option=com_mobile&amp;task=viewaltcast&amp;altcast_code=ae50761ccf”">P@SHA &#8211; Entrepreneurship Seminar</a><br />
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<td width=99% class="cil_title_liveblog">P@SHA &#8211; Entrepreneurship Seminar</td>
<td alight="right" class="cil_title_date" nowrap>(07/29/2009)&nbsp;</td>
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<td><a href="#" onClick="javascript: cil_closeLayer();return false;" style="color: #FFFFFF;"><strong>Close</strong></a>&nbsp;&nbsp;</td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:23 </td>
<td class="cil_msgtext cil_host_text">Hey All, the event is abt to begin in a few minutes </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">5:24 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Awais Naseer keyani]<br />We are tuneddd&#8230;&#8230;. </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:26 </td>
<td class="cil_msgtext cil_host_text">I can see JehanAra, Mystakool, Inspirex, Talha Izhar, Munir Usman and others here, people are gathering up! </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">5:26 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Faisal.K]<br />watching from ideas hut :D </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">5:26 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Guest]<br />tuned and ready :D </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">5:26 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Awais Naseer keyani]<br />I wish refreshment could also be live-blogged :P </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">5:28 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Awais Naseer keyani]<br />Sigh sigh sigh!! I wish I was a Kracheit!!! :( </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:28 </td>
<td class="cil_msgtext cil_host_text">We are trying to setup live video/audio streaming </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">5:30 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Awais Naseer keyani]<br />Gud gud!! weldone!! But plz try to make the sound clear!! Picture doesn&#8217;t matter! </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:30 </td>
<td class="cil_msgtext cil_host_text">So, the seminar has finally begin </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">5:31 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Faisal.K]<br />kool please put the url here so i can post to my site also </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:31 </td>
<td class="cil_msgtext cil_host_text">begun* </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:32 </td>
<td class="cil_msgtext cil_host_text">Introducing the speakers, Mr. Idris and Mr. Saeed who are here on a personal visit but has spared some time for us. Thank u guys </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:33 </td>
<td class="cil_msgtext cil_host_text">Over to Mr. Idris now </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:34 </td>
<td class="cil_msgtext cil_host_text">Idris is a guy in black printed shirt &#8211; not my fault guys, this is how JA is introducing him :P </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:35 </td>
<td class="cil_msgtext cil_host_text">Idris and Saeed sharing their story &#8211; both did the bachelors from NED </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:36 </td>
<td class="cil_msgtext cil_host_text">Mr. Saeed sharing the considerations that one needs to make before diving into the world of enterpreneurship </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:36 </td>
<td class="cil_msgtext cil_host_text">Spark, Personal traits and risk factors </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:37 </td>
<td class="cil_msgtext cil_host_text">See if u really hav the spark to be an enterpreneur or for the area u need to work in </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:38 </td>
<td class="cil_msgtext cil_host_text">See if u r ready to take risk </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:38 </td>
<td class="cil_msgtext cil_host_text">Identify opportunities, ROI etc. </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:39 </td>
<td class="cil_msgtext cil_host_text">Once this first phase is done, the second phase is to pick the right team </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:39 </td>
<td class="cil_msgtext cil_host_text">Pick the people stong in areas that u r weaker in :) </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">5:40 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Awais Naseer keyani]<br />LOL :D </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">5:40 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Awais Naseer keyani]<br />&#8230;.. and went to US afterwards! ;) </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">5:40 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Awais Naseer keyani]<br />1) Risk = I&#8217;m Ready </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:40 </td>
<td class="cil_msgtext cil_host_text">Build trust among ur teammates, define roles and discuss ownership </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:40 </td>
<td class="cil_msgtext cil_host_text">Form business plan and then arrange funding </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:41 </td>
<td class="cil_msgtext cil_host_text">U can get self-funded, bank loans, leasing firms or VCs </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:42 </td>
<td class="cil_msgtext cil_host_text">But don&#8217;t get disheartened if u don&#8217;t get funded &#8211; try to self-fund urself and this is where ur motivation level can come into play </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:42 </td>
<td class="cil_msgtext cil_host_text">@Faisal. K @Awais Video/Audio streaming cudn&#8217;t be setup here guys..sorry for that </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:43 </td>
<td class="cil_msgtext cil_host_text">Saeed talking abt the Sales and Marketing perspective now </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:43 </td>
<td class="cil_msgtext cil_host_text">He says don&#8217;t decide the price on the cost basis but rather on the value basis &#8211; what r ppl willing to play for it </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:44 </td>
<td class="cil_msgtext cil_host_text">Develop Marketing Collateral &#8211; brochures, presentations etc etc </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:44 </td>
<td class="cil_msgtext cil_host_text">Once this ground work is done, u r ready to sell the product </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:44 </td>
<td class="cil_msgtext cil_host_text">Be careful abt marketing dollars u spend </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:45 </td>
<td class="cil_msgtext cil_host_text">Focus on developing reference customer sites </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:46 </td>
<td class="cil_msgtext cil_host_text">Be part of trade organizations, industry groups, use web marketing </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:46 </td>
<td class="cil_msgtext cil_host_text">use email campaigns, seminars and webinars </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:46 </td>
<td class="cil_msgtext cil_host_text">these r cheaper ways of marketing urself </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:47 </td>
<td class="cil_msgtext cil_host_text">Once u want to spend more, u can go into Trade shows, get Magazine ads published </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:47 </td>
<td class="cil_msgtext cil_host_text">Once u r a successful startup and ppl r buying ur product(s) </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:47 </td>
<td class="cil_msgtext cil_host_text">then the next phase begins &#8211; put more structure in ur organization </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:48 </td>
<td class="cil_msgtext cil_host_text">set up professional organization and departmental structure </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:48 </td>
<td class="cil_msgtext cil_host_text">hire professional managers and staff </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:48 </td>
<td class="cil_msgtext cil_host_text">change the culture &#8211; introduce processes </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:49 </td>
<td class="cil_msgtext cil_host_text">all good qualities of a startup (no processes, no hierarchy) are detrimental for a grown up company </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:50 </td>
<td class="cil_msgtext cil_host_text">Lol &#8211; we   r on hold at the moment &#8211; weird noise coming from the VoIP phone </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:50 </td>
<td class="cil_msgtext cil_host_text">seems like somebody is reading news </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:50 </td>
<td class="cil_msgtext cil_host_text">a burst of laughter and JA pulls out the plug </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:50 </td>
<td class="cil_msgtext cil_host_text">so, the pres resumes </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:51 </td>
<td class="cil_msgtext cil_host_text">Saeed sahib showing a graph </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:51 </td>
<td class="cil_msgtext cil_host_text">abt how a company goes thru a transitions </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:52 </td>
<td class="cil_msgtext cil_host_text">He says as the company grows, u might feel ur hold/ownership decreasing but don&#8217;t worry abt that, as long as ur net company worth is increasing, go ahead! </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:53 </td>
<td class="cil_msgtext cil_host_text">Saeed sahib discussing the Exit Plan &#8211; if and when u need it </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:55 </td>
<td class="cil_msgtext cil_host_text">Consider Mergers and Acquisitions, IP, Ownership buyout etc depending upon the market situations etc </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">5:55 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Aaqib]<br />Very high level points.. ask them to explain in detail :P </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">5:55 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Awais Naseer keyani]<br />Funding?? :O Many start from a &#8220;taat&#8221; like Faizan Buzdar of iScrybe, like Bill Gates&#8230; so and so&#8230;. </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">5:56 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Faisal.K]<br />no problem we are following it and im spreading the url via twitter &#8220;live blog&#8221; on !! </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">5:56 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Awais Naseer keyani]<br />OK NP!:) </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">5:56 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Awais Naseer keyani]<br />yes yes, bring on! How to market a webstartup successfully?! </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">5:56 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Awais Naseer keyani]<br />[re: 5:44] *sigh* this thing was not a success for me! :( </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">5:56 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Faisal.K]<br />u go to vegas to celebrate? </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">5:56 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Faisal.K]<br />have u caught a signal? hehehehe whats the hashtag for this thing? </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">5:56 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From aMmAr]<br />Good going Faree, always nice to read ur blogomentry </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">5:56 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Faisal.K]<br />u always need an exit with setting up something in #Pakistan </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:56 </td>
<td class="cil_msgtext cil_host_text">The presentation ends and QA session starts </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:57 </td>
<td class="cil_msgtext cil_host_text">@Faisal Hashtag is #PSEV </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:58 </td>
<td class="cil_msgtext cil_host_text">I asked a question abt discussing ownership within team &#8211; he says discuss beforehand who&#8217;s going to hav , how much share of a pie </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:58 </td>
<td class="cil_msgtext cil_host_text">Faiz asking abt branding of a product </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">5:59 </td>
<td class="cil_msgtext cil_host_text">Saeed says if u r an engineer, don&#8217;t think abt how cool a product is, see how much ppl r willing to pay for it &#8211; identify need and value </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:00 </td>
<td class="cil_msgtext cil_host_text">Idris asks &#8220;How many of u know Student Biryani and Star Bucks?&#8221; </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:00 </td>
<td class="cil_msgtext cil_host_text">Al most everyone raises hand </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:00 </td>
<td class="cil_msgtext cil_host_text">He adds &#8220;How old is Biryani and Coffee?&#8221; </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:00 </td>
<td class="cil_msgtext cil_host_text">LAUGHSsss :D </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:00 </td>
<td class="cil_msgtext cil_host_text">Moral : Create value </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:01 </td>
<td class="cil_msgtext cil_host_text">Question from Munir Usman: How many yrs shud a business plan focus on<br />Ans: At least 3 to 5 yrs &#8211; u need to spend this amount of time to create and polish ur project </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:02 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Awais Naseer keyani]<br />@Faisal.K lol at Las Vagas! :D </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:02 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Zeeshan]<br />Please ask what how realistic VC funding is in #Pakistan scenario? Can we get funded for a product to cater local market? Appreicate if the steps could be highlighted. </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:03 </td>
<td class="cil_msgtext cil_host_text">@Zeeshan &#8211; asking ur question </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:04 </td>
<td class="cil_msgtext cil_host_text">Farzal asking question abt service companies market themselves </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:04 </td>
<td class="cil_msgtext cil_host_text">@Zeeshan &#8211; i do it as soon as Farzal&#8217;s ques is answered </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:05 </td>
<td class="cil_msgtext cil_host_text">Saeed answering Farzal&#8217;s question </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:05 </td>
<td class="cil_msgtext cil_host_text">When u r a service company, u need to focus on ur market as well as geographical locations that u r offering services in and market accordingly </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:05 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Aaqib]<br />My Question : What is the right time to reach VCs? and with what ? an idea or initial structure or good built product ? </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:05 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Zeeshan]<br />Thanks </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:06 </td>
<td class="cil_msgtext cil_host_text">Saeed says , we r week as in nation in QA and testing and don&#8217;t pay much attention to it </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:07 </td>
<td class="cil_msgtext cil_host_text">So, when r u setting up a pricing structure, include operational, QA, all costs in that </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:07 </td>
<td class="cil_msgtext cil_host_text">Idris says, don&#8217;t undersell urself!! </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:07 </td>
<td class="cil_msgtext cil_host_text">Always see what others r willing to pay, what is the market willing to offer </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:09 </td>
<td class="cil_msgtext cil_host_text">A question comes from audience &#8211; an enterpreneur asks how imp is branding? I hav products better than Oracle, how to sell it? </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:09 </td>
<td class="cil_msgtext cil_host_text">Saeed says, big names r negatives, don&#8217;t compete with them directly, build ur own value </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:10 </td>
<td class="cil_msgtext cil_host_text">Actually the enterpreneurs question was, ppl prefer brand names &#8211; how to tacke that </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:10 </td>
<td class="cil_msgtext cil_host_text">Saeed says, distinguish urself and build upon the differentiation </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:11 </td>
<td class="cil_msgtext cil_host_text">Tell prospective customers for e.g. my product is like Oracle or any other big company but additionaly offer 24/7 service/support </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:12 </td>
<td class="cil_msgtext cil_host_text">He says don&#8217;t underestimate Services and Support section, use that sector for ur benefit </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:13 </td>
<td class="cil_msgtext cil_host_text">Imitiaz says, it&#8217;s not just abt big names, sometimes, they r preferred bcoz of compatibility as well </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:14 </td>
<td class="cil_msgtext cil_host_text">Imitiaz says, IT managers at most managers r trying to save their a** only </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:15 </td>
<td class="cil_msgtext cil_host_text">and ooppss&#8230;here comes a banking guy to defend the banking sector &#8211; his names is Salman/Saleem (didn&#8217;t get it properly) Malik and he heads Phone banking dept at HBL </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:16 </td>
<td class="cil_msgtext cil_host_text">He say we prefer big names sometimes to avoid piracy issues as well </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:16 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Faisal.K]<br />ask this pls, in a market as volatile as Pakistan where we are not even aware of whether we will have power tom, how does one forecast the market scenario? i.e as to whether the market likes something one day and then the product goes poof the next day because logistics mess up? </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:16 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Zeeshan]<br />wheres&#8217; my answer? :( </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:16 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Faisal.K]<br />woooohooo corporate ruckus.. hand out gloves </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:17 </td>
<td class="cil_msgtext cil_host_text">@All &#8211; hot discussion going on here, everybody speaking from here and there &#8211; guys will get ur answers perhaps at the end :$ </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:18 </td>
<td class="cil_msgtext cil_host_text">Munir asking a lot of questions </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:18 </td>
<td class="cil_msgtext cil_host_text">He asks, who decides where to spend the money in a company </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:19 </td>
<td class="cil_msgtext cil_host_text">Saeed says, there is a board to decide where and how much money should be spent? The board consists of founders as well as VCs or those who hav funded u </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:19 </td>
<td class="cil_msgtext cil_host_text">Mr. Azhar Rizvi talking now </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:20 </td>
<td class="cil_msgtext cil_host_text">Idris says, their r VCs and there r good VCs </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:20 </td>
<td class="cil_msgtext cil_host_text">once u start interacting with u, after sometime they&#8217;ll be knowing more abt ur product then u do </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:21 </td>
<td class="cil_msgtext cil_host_text">they do their research and have enterpreneurs like us on their payroll called Enterpreneurs on residence </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:21 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Zeeshan]<br />@Faisal.K just like people forecast in Nigeria, Afghanistan and Iraq </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:21 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Faisal.K]<br />no prob.. sounds fun&#8230; i get what jehan and nawaz were saying earlier.. u know how to liveblog like mad! </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:22 </td>
<td class="cil_msgtext cil_host_text">Azhar Rizvi adds: don&#8217;t just look for VCs, look for VCs that hav expertise in ur area because they end up being great partners </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:23 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Faisal.K]<br />umm the CFo usually&#8230; </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:23 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Faisal.K]<br />with bank financing going at around 16% how is a person supposed to launch a new company and keep it profitable? there is a huge diff in silicon valley financing and financing here </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:24 </td>
<td class="cil_msgtext cil_host_text">Talha asks a question: We hav a product that caters to a niche in the hospital industry, the problem we r facing is in selling that product, we r 4-5 ppl company with no sales person in team </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:25 </td>
<td class="cil_msgtext cil_host_text">Saeed&#8217;s answer &#8211; get a good sales person who perhaps doesn&#8217;t want high salary but a heavy commission &#8211; offer him a good commission </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:25 </td>
<td class="cil_msgtext cil_host_text">Saeed says &#8211; a good sales man is always commissioned </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:25 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From @Sharj]<br />I just joined.  I would say don&#8217;t look for VCs if you are at early stage of your startup instead look for business angels </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:26 </td>
<td class="cil_msgtext cil_host_text">Saeed says, in case of all software products, don&#8217;t think abt one time selling, think abt an annuity model </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:26 </td>
<td class="cil_msgtext cil_host_text">Annuity model &#8211; so that every year u get to earn something and keep building up on it </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:26 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From SKDev]<br />good point ;d sorry for being so late.. but well I am here.. *waves to jehan ara mam and farihaa twitapi* </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:27 </td>
<td class="cil_msgtext cil_host_text">@SKDev<br />Waves back tweebro :-) </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:29 </td>
<td class="cil_msgtext cil_host_text">Zeeshan asked ur question </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:31 </td>
<td class="cil_msgtext cil_host_text">Azhar saying: right now in Pakistani&#8217;s scenario, we try to fund companies who hav been into business for 2-3 yrs since the VC funding in Pak is still in its infancy </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:32 </td>
<td class="cil_msgtext cil_host_text">so for startup, the best funding is what u get from ur Customers </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:33 </td>
<td class="cil_msgtext cil_host_text">asked Aaqib&#8217;s ques: the best time to reach a customer is when u hav product, or a later froma customer that says i&#8217;m going to buy this prod if it exists </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:35 </td>
<td class="cil_msgtext cil_host_text">@Faisal &#8211; ur anser is &#8211; banks never finance startups here </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:36 </td>
<td class="cil_msgtext cil_host_text">so its pointless going to banks </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:36 </td>
<td class="cil_msgtext cil_host_text">Munir asks: how u can attract VCs? </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:36 </td>
<td class="cil_msgtext cil_host_text">Idris: Hav u ever heard of Greed? </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:36 </td>
<td class="cil_msgtext cil_host_text">He he :P </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:37 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Faisal.K]<br />All of the points mentioned are great but i do not see how they apply in our environment, here as a software house the biggest problem u face is copyrights, u launch one thing it gets copied re branded and is quoted for half the price the next day&#8230;so the entire forecasting ala management stuff goes out of the window! </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:37 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Zeeshan]<br />If we don&#8217;t have to go to VCs whats the use of this Seminar? I thought we&#8217;d get practical tips on how to attract VCs / do Business Planning/forecasting etc. </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:37 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Zeeshan]<br />IMO its better to launch startup on shoe-string budget and then expand slowly. OR have a revenue stream side-by-side (part time job / freelance work / some other product/serivce to sell etc) until the startup finally leaves incubator </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:37 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Zeeshan]<br />@Azhar: In the internet age, who calls a company startup after 2-3 years in busienss :) </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:37 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Faisal.K]<br />did someone ask mine?? </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:38 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From @aem76us]<br />distribution depends on product. Software can be distributed at low/no cost thru <a href="http://Download.com" target="_blank" >Download.com</a> and <a href="http://Tuccows.com" target="_blank" >Tuccows.com</a> For medical devices, there are distributors too. But to export has huge regulatory barriers, eg inbound call ctr support, so 3rd party is almost a must. </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:38 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Zeeshan]<br />&#8220;so for startup, the best funding is what u get from ur Customers &#8221; Twitter: are you listening? </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:38 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From @aem76us]<br />VC funding is moving into ranges previously seen for Angles, eg $200k-$1 million. Many startups will never need true VC, can gain escape velocity on only angel funding cuz startups are so much cheaper now. </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:38 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Aaqib]<br />Thanks !! </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:38 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Zeeshan]<br />Who says bank never finance startups? Wrong! SME Bank was launched for that purpose and Women Bank was doing that as well. </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:38 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From @aem76us]<br />Banks can give securitized loans against assets such as real property. </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:38 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From @aem76us]<br />Best time to reach out to customers is, first off, before you start building the thing, cuz there may not really be demand for it. </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:38 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Faisal.K]<br />so who finances start ups in Pakistan??? does anyone do it?? A credible financial institution?? where is a person supposed to go here? </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:40 </td>
<td class="cil_msgtext cil_host_text">@Faisal &#8211; they say Founders, Family, Friends &#8211; a suggestion, don&#8217;t ask for money from prof ppl, they hav wrong expectations, and u might get into trouble if their suggestions are not fulfilled </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:40 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Faisal.K]<br />customers don&#8217;t finance start ups in Pakistan either </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:41 </td>
<td class="cil_msgtext cil_host_text">Munir asks: how do u keep ur team motivated in a startup </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:41 </td>
<td class="cil_msgtext cil_host_text">Idris says: let me tell u how we started </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:42 </td>
<td class="cil_msgtext cil_host_text">Long time back, we a bunch of stupids gathered, had biryani and at 2 a.m. decided to start a company </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:42 </td>
<td class="cil_msgtext cil_host_text">Next morning, only us two were together </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:42 </td>
<td class="cil_msgtext cil_host_text">So, my advice is &#8220;find a partner&#8221; </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:42 </td>
<td class="cil_msgtext cil_host_text">LAUGHSSSS </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:43 </td>
<td class="cil_msgtext cil_host_text">He says &#8220;How many of u sing in shower?&#8221; </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:43 </td>
<td class="cil_msgtext cil_host_text">Ur own voice sounds too good to u and same is the case with ideas </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:44 </td>
<td class="cil_msgtext cil_host_text">unless u show them to someone and they say on ur face &#8220;ur idea su**k*&#8221; </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:45 </td>
<td class="cil_msgtext cil_host_text">Saeed telling abt his companies: first company deals in building chips for computers </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:45 </td>
<td class="cil_msgtext cil_host_text">Idris shows an ebook reader very much like kindle: they built it 18 yrs ago and it was a complete FLOP!! </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:45 </td>
<td class="cil_msgtext cil_host_text">because at that time no body was interesting in reading books like that </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:45 </td>
<td class="cil_msgtext cil_host_text">so that&#8217;s what the 2nd company did </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:46 </td>
<td class="cil_msgtext cil_host_text">their 3rd company is Vertical System and Idris adds &#8220;We play company comapny&#8221; :P </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:46 </td>
<td class="cil_msgtext cil_host_text">JA: Why do u do that? </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:47 </td>
<td class="cil_msgtext cil_host_text">Idris: Saeed and I try to retire, sold one company and sat at home &#8211; two weeks later, our wives kicked us out and said..go work </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:47 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Faisal.K]<br />ok thanks.. </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:47 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Zeeshan]<br />@Faisal.K banks do finance startups in Pakistan against collateral. Don&#8217;t go for the crap delivered in this seminar. Look into your family/friends/colleagues to finance your idea. </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:48 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From @aem76us]<br />I&#8217;ve proposed that some of the US AID funds be applied for capacity building in the private sector and that would include angel-level (less than $1 million) for early stage companies. The USAID process requires institutional support and continuity, eg from biz assocs and endorsements from govt agencies. </td>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:49 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Faisal.K]<br />i know zeeshan hence i was asking..this is my point exactly their ideas are grt but their knowledge about our business environment seems a tad limited. </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:50 </td>
<td class="cil_msgtext cil_host_text">Idris says: When it comes to building a product that u can sell or selling a product that u hav built: always try to build a product that u can sell </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:51 </td>
<td class="cil_msgtext cil_host_text">Munir ask YET another question :P </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:52 </td>
<td class="cil_msgtext cil_host_text">Munir says: Should we go for MBA or a technical education </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:52 </td>
<td class="cil_msgtext cil_host_text">Idris says: U don&#8217;t need an MBA but perhaps a crash course &#8211; finance is much easier to learn than engineering, everything well-defined so u can learn easier </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:53 </td>
<td class="cil_msgtext cil_host_text">Saeed says: find ppl who r good in marketing communication, good english etc because that goes a long way </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:53 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From @aem76us]<br />The trouble with asking for institutional support (USAID/Govt of PK) support for early stage high tech companies is that the initial headcounts are low (often less than 12). The bias is towards &#8216;investments&#8217; in operations with huge headcounts, but those can have big risks. </td>
</tr>
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</div>
<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">6:54 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Zeeshan]<br />@Faisal: We usually get awe struck by &#8220;experts&#8221; from abroad, who don&#8217;t know a dime about our ground realities and try to impress us with their success stories. This is not US of A, man. </td>
</tr>
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</div>
<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:54 </td>
<td class="cil_msgtext cil_host_text">Idris says: Be honest, if u cannot sell an idea to urself, u won&#8217;t even be able to sell it to urself </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:54 </td>
<td class="cil_msgtext cil_host_text">Munir asks YET ANOTHER QUESTION :D </td>
</tr>
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</div>
<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:55 </td>
<td class="cil_msgtext cil_host_text">How do we get legal knowledge, hav u ever faced any serious legal issues? </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:55 </td>
<td class="cil_msgtext cil_host_text">Saeed says: get the basic paperwork done as soon as u can, make sure the structure is set properly, what kind of company we r going to have, what kind of stocks we r going to get </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
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<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:56 </td>
<td class="cil_msgtext cil_host_text">Both Saeed and Talha says: we don&#8217;t know a thing abt all this </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:56 </td>
<td class="cil_msgtext cil_host_text">Idris: Any lawyers here? :D </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:56 </td>
<td class="cil_msgtext cil_host_text">No lawyers here&#8230;aww! :P </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:57 </td>
<td class="cil_msgtext cil_host_text">Suggestions: Get mentors, P@SHA, MIT-BAP, TiE etc </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:59 </td>
<td class="cil_msgtext cil_host_text">Saeed says: who writes these forms? the forms are already there, u just need to copy and along the way u will also be told how to copy it </td>
</tr>
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</div>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">6:59 </td>
<td class="cil_msgtext cil_host_text">forms here = legal forms people </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:01 </td>
<td class="cil_msgtext cil_host_text">Imtiaz aka inspirex talking abt the marketing side of different things </td>
</tr>
</table>
</div>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:01 </td>
<td class="cil_msgtext cil_host_text">He says don&#8217;t let customers take more than 20% of ur revenue </td>
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</div>
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">7:02 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From @aem76us]<br />Huge regulatory barriers for some types of export oriented businesses. Eg call ctrs need half a million dollars up front to do many types of work in US. Collections and AR work is multiples of that. </td>
</tr>
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<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:02 </td>
<td class="cil_msgtext cil_host_text">Mr. Makil from HBL says : information is freely available now a days, learn to use that information </td>
</tr>
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</div>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:04 </td>
<td class="cil_msgtext cil_host_text">@ALL   somebody in the comments said: customers don&#8217;t fund startups here in Pakistan. People we have Shahjahan Chaudry here whose startup got funded by a customer ..so stay positive! :-) </td>
</tr>
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<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:05 </td>
<td class="cil_msgtext cil_host_text">Idris says: When u r enterpreneur, u shud be very good at what u do! </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:06 </td>
<td class="cil_msgtext cil_host_text">so that u can&#8217;t be beaten </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:06 </td>
<td class="cil_msgtext cil_host_text">Saeed says: patenting is not important in my opinion, execution and timing is more important </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:06 </td>
<td class="cil_msgtext cil_host_text">Another question from audience: Are at u at this time in   a position to fund any startup? </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:07 </td>
<td class="cil_msgtext cil_host_text">Saeed: Sometimes may but not always because it is a full-time job to fund someone else </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:07 </td>
<td class="cil_msgtext cil_host_text">so, it takes a lot of time to understand that business u r looking fwd to fund somebody other&#8217;s business </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:09 </td>
<td class="cil_msgtext cil_host_text">VCs specialize in different segments, some do just Web 2.0, some XYZ etc and likewise </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:09 </td>
<td class="cil_msgtext cil_host_text">Another question: Howz the business environment in US? </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:10 </td>
<td class="cil_msgtext cil_host_text">Saeed: I can giv u a silicon valley perspective; what has happened in the last 30-40 yrs has brought abt a land shift </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">7:10 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From @aem76us]<br />First thing many VCs look at is: the team. Have they implemented a project together before? Any project? Painted a wall, dug a ditch, anything? </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:12 </td>
<td class="cil_msgtext cil_host_text">Saeed says: there is a lot of talk abt Solar energy, wind energy but not much talk abt companies with large business model that can make large money </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:12 </td>
<td class="cil_msgtext cil_host_text">No major trend that ppl r investing in, they r holding back </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:12 </td>
<td class="cil_msgtext cil_host_text">So, i can&#8217;t really tell u go and invest in this </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:13 </td>
<td class="cil_msgtext cil_host_text">Idris says: Too much technology has been created in a past 20 yrs but applications have not been built to use that tech </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:13 </td>
<td class="cil_msgtext cil_host_text">Saeed: Focus on Services, tech is just a vehicle </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:14 </td>
<td class="cil_msgtext cil_host_text">Azhar asks, how do u see mobile apps business? </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">7:14 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From Zeeshan]<br />I have a large business model. Its about waging wars/sell arms and then get lucrative development contracts. Need a VC. </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:15 </td>
<td class="cil_msgtext cil_host_text">Idris: Opportunity is in making things easier </td>
</tr>
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<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:15 </td>
<td class="cil_msgtext cil_host_text">Create interfaces and software packages that can make it easier for ppl to use 2-3 apps using one interface, they can be highly successful </td>
</tr>
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</div>
<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:16 </td>
<td class="cil_msgtext cil_host_text">@All Saeed has kept saying throughout the session, he does not hav much idea abt the Pakistani scenario, so u can spare him now guys, plz :P </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:17 </td>
<td class="cil_msgtext cil_host_text">Azhar asking: We have seen internet wave moving from pcs to cellphones, approx what %age of business has moved from pc market to cellphone market </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:18 </td>
<td class="cil_msgtext cil_host_text">Saeed &#8211; Mobile phone interface is a great thing to work on in pakistan, perhaps: build an app to see traffic patterns etc </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:18 </td>
<td class="cil_msgtext cil_host_text">Munir was stopped from asking questions </td>
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<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:18 </td>
<td class="cil_msgtext cil_host_text">Now he raises his hand slowly and gets the permission to get YET another questions :P </td>
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<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">7:18 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From @aem76us]<br />Next big things: location aware services and augmented reality. </td>
</tr>
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<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:20 </td>
<td class="cil_msgtext cil_host_text">&#8230;and the session ends </td>
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<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:20 </td>
<td class="cil_msgtext cil_host_text">claps </td>
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<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:20 </td>
<td class="cil_msgtext cil_host_text">all get up..ready to go out </td>
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</table>
</div>
<div class="cil_chatmsg" >
<table>
<tr valign="top">
<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">7:20 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From @aem76us]<br />Most VC investing in last year has been to support existing startups. Lots of down rounds. Funding is increasing, however. </td>
</tr>
</table>
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<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">7:20 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From @aem76us]<br />The almost total lack of IPOs is discouraging too, reduces exit options. </td>
</tr>
</table>
</div>
<div class="cil_chatmsg" >
<table>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:21 </td>
<td class="cil_msgtext cil_host_text">JA annouces, there r snacks and coffee outside &#8211; ENVY us Awais :P </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:22 </td>
<td class="cil_msgtext cil_host_text">Before i got to rush to home now before my mommy comes and kills me here :$ </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:25 </td>
<td class="cil_msgtext cil_host_text">Thanks for joining in guys and girls&#8230;.err no girls :( </td>
</tr>
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<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_viewer_text_color" nowrap style="width: 45px;">7:25 </td>
<td class="cil_msgtext cil_viewer_text">[Comment From @aem76us]<br />great work Fariha, thank you! </td>
</tr>
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</div>
<div class="cil_chatmsg" >
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:25 </td>
<td class="cil_msgtext cil_host_text">finally ending the beelaaag! cya IA on during someother live blogging session :) </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:26 </td>
<td class="cil_msgtext cil_host_text">@aem76us Thaks a lot &#8211; this is what keeps motivating me to blog again and again </td>
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<td class="cil_msgtime cil_host_text_color" nowrap style="width: 45px;">7:26 </td>
<td class="cil_msgtext cil_host_text">
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<div class="cil_footerbar"><a href="http://www.coveritlive.com" target="_blank" title="Visit CoveritLive.com" ><img src="http://media.coveritlive.com/media/templateimages/phpbPyyRXcoveritlive_logo14.png" border="0" width=175 height=16 /></a></div>
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]]></content:encoded>
			<wfw:commentRss>http://ideashut.com/idea/psha-entrepreneurship-seminar/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>e-Vote</title>
		<link>http://ideashut.com/idea/e-vote/</link>
		<comments>http://ideashut.com/idea/e-vote/#comments</comments>
		<pubDate>Sat, 24 Jan 2009 20:00:42 +0000</pubDate>
		<dc:creator>Mohammad Nawaz</dc:creator>
				<category><![CDATA[Hardware]]></category>
		<category><![CDATA[Software System]]></category>
		<category><![CDATA[electoral]]></category>
		<category><![CDATA[electronic voting]]></category>
		<category><![CDATA[polling]]></category>

		<guid isPermaLink="false">http://ideashut.com/?p=42</guid>
		<description><![CDATA[What is it An electronic electoral voting system, catering to revolutionize the way we vote. Although this cannot be directly adopted, due to lack of infrastructure, it can be adopted for those areas that can utilize it best. We have the capability to have such a solution developed, and there are many ways to make [...]]]></description>
			<content:encoded><![CDATA[<p><strong>What is it</strong></p>
<p>An electronic electoral voting system, catering to revolutionize the way we vote. Although this cannot be directly adopted, due to lack of infrastructure, it can be adopted for those areas that can utilize it best.</p>
<p>We have the capability to have such a solution developed, and there are many ways to make it fool proof and the results tamper proof. Though those at the helm of leadership won&#8217;t appreciate it :)</p>
<p><strong>Why is it needed</strong></p>
<p>Though a manual electoral voting system prevails globally, there is open opportunity to revolutionize the way we do it by adding technology to the equation.</p>
<p>There is a large scale tampering with votes and the opinions of the citizens of the country, leading to the election of such personalities which are never good for us. Time and again, we have faced this, and it is time to change this.</p>
<p><strong>Where is the money</strong></p>
<p>In the development and resale to other countries or agencies. My view, sell it to such bodies, as it is worth the effort. The concept of rolling the idea out here is to see what kind of response comes through.</p>
]]></content:encoded>
			<wfw:commentRss>http://ideashut.com/idea/e-vote/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>AOD (Audio-on-demand) on FM frequency</title>
		<link>http://ideashut.com/idea/aod-audio-on-demand-on-fm-frequency/</link>
		<comments>http://ideashut.com/idea/aod-audio-on-demand-on-fm-frequency/#comments</comments>
		<pubDate>Fri, 14 Nov 2008 12:27:12 +0000</pubDate>
		<dc:creator>Arsalan Jamshed</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Hardware]]></category>
		<category><![CDATA[Telecom]]></category>
		<category><![CDATA[Web Services]]></category>
		<category><![CDATA[Audio]]></category>
		<category><![CDATA[FM]]></category>
		<category><![CDATA[frequency]]></category>
		<category><![CDATA[music]]></category>
		<category><![CDATA[On-Demand]]></category>
		<category><![CDATA[virtual IPod]]></category>

		<guid isPermaLink="false">http://ideashut.com/?p=35</guid>
		<description><![CDATA[What is it A specific frequency in FM band is allocated to a radio station. Suppose, a radio station is broadcasting at 100 Mhz. That radio station can offer a paid service to subscribers, that will require authentication too, and allows them to play their selected songs. Take this example: The user registers for account [...]]]></description>
			<content:encoded><![CDATA[<p><strong>What is it</strong></p>
<p>A specific frequency in FM band is allocated to a radio station. Suppose, a radio station is broadcasting at 100 Mhz. That radio station can offer a paid service to subscribers, that will require authentication too, and allows them to play their selected songs.</p>
<p>Take this example: The user registers for account and using the web-based control panel, he creates a playlist of his favorite songs. When he&#8217;s driving, he can tune to that particular broadcaster using a special digital audio tuner (or a radio). He gets connected to the broadcaster&#8217;s server and he can then play his selected songs, shuffle them or select songs from his created playlist to be played in his car.</p>
<p><strong>Why is it needed</strong></p>
<p>Just like we have Video-on-demand through mediums of cable, fibre optics or satellite, I think there must be a way to offer Audio-on-demand on FM frequency. We can compare it with VOD offers by a DTH service. Satellite signal in DTH will be replaces by FM frequency and the digital receiver/decoder will be replaced by the digital tuner/radio.</p>
<p>When we are limited to our music selection on a few CD&#8217;s or IPod when traveling on car, using this idea we will have access to even tens of thousands of songs. The good things is that all the songs will be on server and only play lists will be saved in each user account. So, no extra storage for each user will be needed except to save the play list.</p>
<p>It will be just like a virtual IPod connected in car with no storage limit.</p>
<p><strong>Where is the money</strong></p>
<p>About the revenue, it will be from two of the sources:</p>
<p>1. Subscribers, who will be paying to avail this service.</p>
<p>2. Advertisers, whose ads can be inserted automatically in the playlist of the users).</p>
<p>The attractive thing for the advertisers is that the users can be targeted according to their demographics (just like web surfers or cell phone users).</p>
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		<title>SSD (Seatbelt Safety Devise)</title>
		<link>http://ideashut.com/idea/ssd-seatbelt-safety-devise/</link>
		<comments>http://ideashut.com/idea/ssd-seatbelt-safety-devise/#comments</comments>
		<pubDate>Thu, 25 Sep 2008 18:21:56 +0000</pubDate>
		<dc:creator>Timothy Parrish</dc:creator>
				<category><![CDATA[Hardware]]></category>
		<category><![CDATA[accident]]></category>
		<category><![CDATA[automobile]]></category>
		<category><![CDATA[car]]></category>
		<category><![CDATA[micro chip]]></category>
		<category><![CDATA[safety]]></category>
		<category><![CDATA[seat belt]]></category>
		<category><![CDATA[vehicle]]></category>

		<guid isPermaLink="false">http://ideashut.com/?p=30</guid>
		<description><![CDATA[What is it A micro chip fitted to both ends of every seat belt in your automobile that sends a signal to your vehicles starter or ignition. Your car will not start unless the seatbelt of the driver is fastened. Each seat will also be fitted with a pressure sensor underneath the seat, if there [...]]]></description>
			<content:encoded><![CDATA[<p><strong>What is it</strong></p>
<p>A micro chip fitted to both ends of every seat belt in your automobile that sends a signal to your vehicles starter or ignition. Your car will not start unless the seatbelt of the driver is fastened. Each seat will also be fitted with a pressure sensor underneath the seat, if there is a certain amount of poundage in that particular seat then that seatbelt has to be fastened as well or the vehichle will not start. (The details and kinks can be ironed out)</p>
<p><strong>Why is it needed</strong></p>
<p>Thousands of people die every year in car accidents due not improper use or no use of their Saftey Belts. This is a way to ensure that everyone in the vehicle has a seatbelt on.</p>
<p><strong>Where is the money</strong></p>
<p>Car manufactureres will want this product to ensure that their cars receive the highest possible saftey ratings. Once it is federally mandated that every car has this devise, every car company in America (Maybe the world) will have to have this in every one of their vehicles (Cha-Ching).</p>
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