Saturday, January 25, 2003

SA Meeting

Today I met with SA and we discussed many items. Much of the discussions were related to his business. I was probably more frank than usual. I like SA despite the fact that his way of conducting business just cries out, "failure unavoidable". He does not remain focused on one project for any length of time. He likes to dwell on ideas, creative possibilites and interesting conversations. He seems to get swept away with one notion, then another. Life just seems like a huge smorgasbord of exciting potentials. The routine and mundane are just too routine and mundane to hold his attention for long.

He really needs to be an employee for a large business. However, he would just take too long to do things because he would spend far too long just talking to people rather than finishing his job. Perhaps he might be better suited to working in education, or for a non-profit or government agency. He does not have a bottom-line focus that is necessary when running a business.

For instance, he worked on a digital wedding video for three months (to get it just right). However, three months to finish the video is a long time for a $1,200 job. He filmed the pre-, the wedding and the reception. In addition he completed the photo montage with music. I would guess he had 125 hours in the project. That comes to only $9.60 per hour. Difficult to recover his costs at those rates.

I have to be a little careful how I deal with him. It would be so easy for me to fall into a Mentor or Mother role with this man. He has talent, but I am not sure he has the will to succeed. I suggested he pull together a book which would provide a tremendous boost to his business. I said that I might be willing to collaberate. I asked him to do some research to see whether the book idea is a viable. I guess I'll have to see how he completes that before making any kind of financial commitment. I do not want to get in the lending business.

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