TruAd LLC
  • Goal: Disintermediate advertising monopolies

  • Lost $100K

  • Too far ahead of the curve

  • Not a good match for my skills

  • Leaned a lot, and had fun creating:

Notes:

I lost about $100K on this project, and it took a tremendous amount of my time fiddling with the truck itself, dealing with drivers, and debugging the LED display panel, which was not designed to be mounted on the back of a truck. Putting an Internet-connected TV on a truck will happen. We were just a bit ahead of the curve.

I also walked away with the knowlege that I can only manage people who can manage themselves. I didn't want to manage a sales force. Sales is non-scalable. It has to be automated for me to enter the business, or I have to have a dedicated entprepreneur/partner who has much passion for sales as I do for software.