{"id":5804,"date":"2015-08-24T03:00:00","date_gmt":"2015-08-24T08:00:00","guid":{"rendered":"https:\/\/startupjunkie.org\/6-the-internet-of-things\/"},"modified":"2015-08-24T03:00:00","modified_gmt":"2015-08-24T08:00:00","slug":"6-the-internet-of-things","status":"publish","type":"post","link":"https:\/\/startupjunkie.org\/es\/6-the-internet-of-things\/","title":{"rendered":"6: The Internet of Things"},"content":{"rendered":"<p><iframe loading=\"lazy\" src=\"https:\/\/share.transistor.fm\/e\/789af220\" width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless=\"\"><\/iframe><\/p>\n<h3><strong>Summary<\/strong><\/h3>\n<p>Bryon Western and Jim Lewis of Little Bird Systems talks with us about the internet of things.<\/p>\n<p>The Product<\/p>\n<ul>\n<li>Rapid Commercialization System for the Industrial Internet of Things &#8211; lego building block approach to building electronics\u00a0<\/li>\n<li>Difference from other companies : Giving the very quick path from the bench-top prototype to something that they can commercialize and take to market.<\/li>\n<li>Internet of Things &#8211; trend in industry that connect electronics to any physical object, measure data on such object and perform an action on that object.<\/li>\n<li>FOCUS : Industrial Market<\/li>\n<li>Bandwidth Discipline &#8211; optimize protocol &#8211; system that are not highly bandwidth thing\u00a0<\/li>\n<li>Sale Cycle &#8211;\u00a0 Up to a year from completion of development cycle (which takes about 18 months to 2 years) for them to get back or realize income<\/li>\n<\/ul>\n<p>The Business Model and How Money is Generated from this product<\/p>\n<ul>\n<li>GOAL :\u00a0 To move people from that bench-top prototype\u00a0 to a 2nd stage ruggedize prototype (mass produced unit) &#8211; provide service to create their customer electronics &#8211; sell them the hardware they need to sell their products to customers<\/li>\n<\/ul>\n<p>(JIM\u2019s Perspective on what they do)\u00a0<\/p>\n<ul>\n<li>What is the market? 15 Trillion dollar market\u00a0<\/li>\n<li>Glad to have partners with business intellects<\/li>\n<\/ul>\n<p>How to startup a company (based on their experience)<\/p>\n<ol>\n<li>Laying plans &#8211; what is the market? how to approach the market? what would set you apart from someone else?\u00a0<\/li>\n<li>Getting everything in place &#8211; operating plans, financial model\u00a0<\/li>\n<li>Opportunity to make difference in the world, in the industry you are attacking\u00a0<\/li>\n<\/ol>\n<p>(BRYON\u2019s Perspective on what they do)\u00a0<\/p>\n<ul>\n<li>Be involved &#8211; hire people who can contribute\u00a0<\/li>\n<li>Entrepreneur Programs could help you operate the business &#8211; adding technical knowledge<\/li>\n<li>CEO vs employee in the startup : As an employee, you have to deal with every aspect of the business &#8211; keeping contacts &#8211; inform the people what you are doing and Delegating tasks &#8211; trust people that they can also do what you can do\u00a0<\/li>\n<\/ul>\n<p>ADVICE : Creating a company Based on Technology\u00a0<\/p>\n<ul>\n<li>Get a business person &#8211; somebody who have worked with technology &#8211; if you explain something to somebody and don&#8217;t they get it, it is not their fault it&#8217;s your fault &#8211; practice the skill of simplifying things and communicating it to people\u00a0<\/li>\n<\/ul>\n<p>What\u2019s the future of Technology-based businesses in Arkansas<\/p>\n<ul>\n<li>Prediction: 2020 &#8211; 50 billion devices will connect to internet &#8211; whereas right now 90% are not connected.<\/li>\n<li>What\u2019s right in Arkansas as an area of startup technology companies?\u00a0\n<ul>\n<li>A lot of Manufacturing and Agriculture is going on so the advantage is you can get first hand information from people who needs the solution<\/li>\n<\/ul>\n<\/li>\n<li>For Arkansas to grow with technical startup companies\/businesses\n<ul>\n<li>companies must be responsible for specifically defining what is to be done to be a technical startups (e.g. execution of invention assignment agreements)\u00a0<\/li>\n<li>Research areas must be confined to such specific business that they are in\u00a0<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>Our contact info:<\/p>\n<p>Jeff Amerine<a title=\"[GMCP] Compose a new mail to jeff@startupjunkieconsulting.com\" href=\"mailto:jeff@startupjunkieconsulting.com\" rel=\"noreferrer\">jeff@startupjunkieconsulting.com<\/a><a href=\"http:\/\/www.startupjunkieconsulting.com\/\">www.startupjunkieconsulting.com<\/a><\/p>\n<p>Jon Cadieux<a title=\"[GMCP] Compose a new mail to jon@455mediagroup.com\" href=\"mailto:jon@455mediagroup.com\" rel=\"noreferrer\">jon@455mediagroup.com<\/a><a href=\"http:\/\/www.455mediagroup.com\/\">www.455mediagroup.com<\/a><a href=\"http:\/\/www.bentonvilleworkplace.com\/\">www.bentonvilleworkplace.com<\/a><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\ud83c\udfa7 Follow the Startup Junkies Podcast on <a href=\"https:\/\/www.youtube.com\/playlist?list=PLDJDYh7-pd3x4ha7THQ6Y0bRu1P0RsDLj\">YouTube<\/a>, <a href=\"https:\/\/open.spotify.com\/show\/5DvdrBGZkf26aFNenMmayC\">Spotify<\/a>, and <a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/the-startup-junkies-podcast\/id1014096501\">Apple Podcasts<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bryon Western and Jim Lewis of Little Bird Systems talks with us about the internet of things. The Product Rapid Commercialization System for the Industrial Internet of Things &#8211; lego building block approach to building electronics\u00a0 Difference from other companies : Giving the very quick path from the bench-top\u2026<\/p>","protected":false},"author":3,"featured_media":5552,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_meta_description":"Bryon Western and Jim Lewis of Little Bird Systems talks with us about the internet of things. The Product Rapid Commercialization System for the\u2026","footnotes":""},"categories":[16],"tags":[],"class_list":["post-5804","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-podcast"],"_links":{"self":[{"href":"https:\/\/startupjunkie.org\/es\/wp-json\/wp\/v2\/posts\/5804","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/startupjunkie.org\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/startupjunkie.org\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/startupjunkie.org\/es\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/startupjunkie.org\/es\/wp-json\/wp\/v2\/comments?post=5804"}],"version-history":[{"count":0,"href":"https:\/\/startupjunkie.org\/es\/wp-json\/wp\/v2\/posts\/5804\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/startupjunkie.org\/es\/wp-json\/wp\/v2\/media\/5552"}],"wp:attachment":[{"href":"https:\/\/startupjunkie.org\/es\/wp-json\/wp\/v2\/media?parent=5804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/startupjunkie.org\/es\/wp-json\/wp\/v2\/categories?post=5804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/startupjunkie.org\/es\/wp-json\/wp\/v2\/tags?post=5804"}],"curies":[{"name":"gracias","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}