Good People Month 4 Progress Report
Happy New Year! Someday I will learn that December is not the most productive month of the year. It’s family and friends and overeating. It is a particularly bad month for attempting to reach out to colleges (duh, they’re on break). January always brings introspection and renewed energy to do something amazing with the new year. Ethan and I are really looking forward to 2017 and moving the needle for Good People.
We have been learning a lot about what it takes to get a complex electro-mechanical product made. Even if it is relatively low-tech, it still has a lot of pieces and specifications and suppliers to be aligned. We are making progress, but we still don’t have a prototype of our own making in hand, just the ones made by OGD. We could really use some more engineering help and it has cemented in our minds what we might be looking for from our first hire.
Meanwhile, I am convinced that customer pull is going to be the key to getting product made. We have lined up a number of potential funding sources that we are pretty sure would help us out with a specific ask to build product for a customer. The next stage is to find a pilot customer or two. Even a small sale would help our focus. We are going to redouble our effort for pilot customers this month.
Good People Month 4
Met with more potential investors or partners
Worked with John and Ryan at thINCubator on strategy and leveraging local/regional networks
Met with Frank from MVCC about pitching them on a pilot project
Continued working with the Herkimer Industries team
Continued working with electrical suppliers on quoting the PCB
Wrote a blog about starting an HVAC inventory to help potential customers understand the process of identifying what systems they might be able to upgrade (though I didn’t actually post it until January)
Had our first company holiday party (admittedly just Ethan and I enjoying a beer at our local brew pub)
Talked to NYSERDA about our research proposal and other options for getting their support and they pointed us to their incubator programs; still working on connecting with the Syracuse Clean Tech incubator
Good People By the Numbers
We installed no units and saved no energy
We made it easy for 0 new leads, new customers, or new partners to save energy
Our team shrank back to 2 as we said goodbye to Greg the intern, who graduated early from Hartwick College and headed out west for the next chapter of his life; good luck Greg
We ate at local restaurants, but that’s it for local sourcing
We didn’t really donate anything to the community
We brought in $0 revenue and $0 investment (other than a founder’s loan for costs)
We spent another $112 or so, mostly on meals
In January, we need to make progress on our B Corp certification, since our first annual report will be due to the state. We will keep on pushing on pilot customers, supply chain, and investment.