Ok, so it’s been about 3 months since I posted, which is super slack but I’ve had a good reason, I’ve been super busy setting up some businesses and working hard.

I have sold off my previous business and I’m heading into the New Year with a whole new business plan and idea!
Should be fun.

What is it?

Well… it’s still in development – it’s not the New Year yet but I wanted to get into the flow of posting again!

The business itself isn’t a profit driver; the business that I’m putting together is more of a think tank, idea lab kind of thing. I’ve always had lots of ideas for dot com businesses and never enough time or resources to build them.

However I’m almost in a position now to do them in a way, I have a staff of programmers that I’ve spent the last 6+ months getting skilled up on Ruby on Rails through building client projects so we can rapidly develop our own applications, and like I’ve said I’ve sold off my last business and I’m starting to push away doing client work. So I have time again.

The concept as a whole is to put my ideas down on paper, in the form of mini business plans, to then put these out to the public and people I know and see if they are interested in investing.

My ideas are all for web applications, so things like Facebook apps, online project management applications and any online application really.

Now when I say investing, I may be scaring people a bit. My idea is to make investing in a dot com business affordable and simple.

So for example, a project (business) would have 10 shares; I’d buy in 3 shares or so, and offer the other 7 shares for anyone to invest in.

Each share would cost an affordable amount; say $30 a week, for 6 months. Development would take 2-3 months and the remaining 3-4 months of investing is for marketing and operations (as an example).

How can I possibly do this?

Simple, I’m Australian, BUT I live in Thailand, my whole staff, designers, programmers, and support are all Thai.

My staff costs are very low, so I have no need to have high development costs; I’m not interested in making money off the development. I want the development to be at or below cost so we can build applications (businesses), get them out and promote them.

I’m in it just like everyone else, I’ll be buying shares and investing every week, and I make money the same as everyone else does, from returns after the application is launched, I’m just as – if not more invested in these projects as anyone else would be.

Anyway, that’s the idea, the site and plans are coming together now, the site is almost done and some of the initial plans are almost done.

Couple more weeks and I should be able to launch it.

What makes me so confident about this?

Well I have an office full developers here at my disposal, we’ve been building client projects for almost a year now in Thailand, and before that I was a systems architect back in Australia, I moved here for the staff costs and to build my own apps.

The client apps we’ve built range from stock market apps, medical, financial and arbitrage, we’ve also build smaller apps, we can build apps clean and very fast, so in most cases 1-3 months for most projects to be completed isn’t unrealistic.

The site will say it all. And time will tell!