Check out all of the book comments
on Amazon at http://amazon.com/exec/obidos/ASIN/0738205737/ref=nosim/mousedandplat-20.
Absolutely Hilarious! Feel free to post your own comments
if you've read The MouseDriver Chronicles...we're having
fun reading 'em. Also, the discussion
board is back up...watch out!
Lessons
Learned
We're selling MouseDriver!! That's
right. We've retained the services of an investment banker
and have begun the process of searching for potential
acquirers of our MouseDriver assets. Now, for those of
you who read the book, this shouldn't come as a surprise.
Our strategy all along has been get MouseDriver up and
running and then sell it to a larger company looking to
expand their product line (aka "An Exit Strategy"). The
way we see it, the timing of this sale couldn't be any
better. MouseDriver has plenty of life in it, especially
given that we were only able to penetrate about 30% of
our target distribution market. The book is helping to
bring a ton of awareness, is helping to "brand" the product
and will lead to mass exposure in all of the UK and Commonwealth
countries once the book is released overseas in September.
So, plenty of both domestic and international opportunities
exist for MouseDriver. And, quite honestly, we're ready
to move on to bigger and better entrepreneurial things.
We've learned a ton from bringing MouseDriver to market
and now it's time to apply all of those lessons learned
and embark on new challenges.whatever they may be. In
the meantime, we'll continue to update you on the process
and progress of selling a company. This should be a great
learning experience for all of us.
So, what are we doing now? First
of all, we're still focused on selling MouseDrivers. We
have a tangible product that customers still want and
we want to continue extracting revenue until the sale
is complete. Second, we're ready to take this entrepreneurial
ride all over again! After working and living together
for almost five years (in the same apartment), the two
of us realize that our ability to work together is a pretty
remarkable asset and that we make a great core team. The
simple fact that we want to continue working together
on the next entrepreneurial gig is a very true display
of our trust and confidence in one another. However, we
both agree that the next venture will need to have a much
larger market potential than MouseDriver and will need
to have much more intrinsic value than a novelty computer
mouse. We haven't found that next idea yet, at least one
that we're very passionate about and can see ourselves
dedicating the next 5-10 years of our lives to..but we're
looking. And we'll continue to network with as many people
as possible in hopes of finding the next "big thing".
In the meantime, we're utilizing our knowledge, insights
and network to help other aspiring entrepreneurs get their
companies off the ground. As of 3/1/02, we started offering
Advisory Consulting Services to entrepreneurs. The way
we see it, we can provide immense value to those who are
fully committed to following their entrepreneurial passions.
We only wish that we had somebody like us around when
we first started!
We have successfully completed
our first (and most likely last) official book tour. Six
cities, 25 interviews and 10 presentations/booksignings
later, we're back in San Francisco trying to get back
into the swing of running a single product company. For
those of you who weren't able to make it to any of the
events, you missed quite a show. Actually, you really
just missed the two of us reading passages from our own
book, talking about why we thought the passages were significant,
answering a ton of questions from the audience and autographing
books. A cool experience. It may sound like fun and games,
but the book/media tour was actually pretty damn exhausting.
In addition to doing a number of interviews and presentations,
we had to constantly answer the same questions over and
over again and be prepared to answer totally random questions.
At times, it was frustrating, exhilarating, annoying,
and exciting.all at the same time. The most tiring aspect
of the media tour was that we always had to be "on". That
is, we had to be constantly prepared to answer anything
and everything without looking like complete jackasses.
Our primary lessons learned: 1) Always have three messages
that you want to get across when you're doing an interview.
Most likely, you'll never get to all three messages, so
always focus on mentioning one key message. 2) Never show
up to a live 6am interview with no sleep and and/or a
hangover. You'll get absolutely crushed!
We're going to substantially modify
the website over the next month or so. It'll still be
the "MouseDriver" website, and visitors will still be
able to gather more information on the product, but it's
definitely going to have some noticeable differences.
Given that MouseDriver has become a metaphor for entrepreneurship
we've decided to give www.mousedriver.com more of an entrepreneurial
community look and feel. On the home page we'll have a
tab for MouseDriver, a tab for The MouseDriver Chronicles,
a tab for The MouseDriver Insider (we're actually looking
into the possibilities of binding all of the Insiders
to date), and most importantly, a tab to our entrepreneurial
discussion board. Most of you will recall that our last
attempt at a discussion board was a huge success. But
once we lost all the data within the board due to a technical
glitch last Summer we were too lazy to put it back up.
Well, it's time to make the effort and get the thing up
and running again. The way we see it, why limit the knowledge
and insights of our network of entrepreneurs, investors,
professors, students, etc. to just ourselves..might as
well open up all of this great information to anybody
who is interested. So, when you get a chance, go register
at http://mousedriver.com/forum/forum.htm
and let's see if we can get this board going.
What We've
Done
- Put together a company tear sheet
and a list of potential buyers of MouseDriver
- Networked with a number of VC's, angel
investors, authors and entrepreneurs in the Bay Area
- Completed a six city media tour that
included, 15 radio interviews, 2 television interviews,
10 presentations/booksignings and 8 print publication
interviews
- Spoke to 30 different entrepreneurs
about their companies and/or ideas
- Kyle got engaged in Sedona on March
9th, 2002 to his fiancé, Angie
Priority Goals
- Continue developing new sales channels
for our MouseDriver product
- Prepare for the sale of our MouseDriver
assets
- Continue marketing our Advisory Consulting
Services and the incredible value that we can bring
to aspiring entrepreneurs
- Network with as many people as possible
and let them know that, as a team, we're ready for another
entrepreneurial ride
- Make sure that The MouseDriver Chronicles
becomes required reading in at least 50 universities
across the country!!
Mood Meter
OK, try to follow us on this one:
Take yourselves back to college for a second. You're in
your favorite bar (or party or whatever you did for fun
in school) with all of your buddies havin' a good time.
You look at your watch and it reads 1:45am. All of a sudden,
you're totally bummed because you know the bar will close
at 2am, but you're not quite ready to call it a night.
You want the evening to continue going and going because
you're having so much fun. Well, that's how we feel about
MouseDriver. We see the MouseDriver experience coming
to an end, but damned if we're ready for this entrepreneurial
adventure to end!! Guess we'll just need to find an after
hours joint!
Questions, comments, or criticisms
about the Insider? Email us at info@mousedriverchronicles.com.