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P1246341503AQmjv

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My Start. Worked full-time at Mayflower Hotel ... Developed a computer program in final class which gave me my start ... My girlfriend joined me full-time ... – PowerPoint PPT presentation

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Title: P1246341503AQmjv


1
The World of a Multimedia Internet Development
Company
Presented by John Redmon
2
Introduction
  • Introduction
  • Introduction to Redmon Group
  • Cool Projects
  • Multimedia Products
  • E-Business Products
  • E-Learning Products
  • My Start Humble Beginnings
  • Want to Start A Company?
  • Recommendations in the New Economy
  • Demos

3
Introduction
  • John Redmon, President of Redmon Group
  • GMU graduate (BA MBA)
  • Live work in Old Town
  • Chairman of the Alexandria Chamber of Commerce
  • On target with achievement of life goals
  • Love what I do
  • Still a 17-year old at heart

4
Introduction to Redmon Group
  • Multimedia Internet Development Company
  • Founded in 1990, Privately Owned, Profitable
  • We developInteractive Multimedia
  • - Interactive Museums
  • - CD-ROM Titles
  • - Kiosk Systems
  • - Games
  • E-Business Applications
  • - Web Sites (B2B, B2C)
  • - E-Commerce
  • - Hosting Services
  • E-Learning Technologies
  • - Web-Based Training
  • - Computer-Based Training
  • - Online Reference Tools

5
Cool Projects
  • DEA Narco-Terrorism Traveling Exhibit for DEA
  • Interactive Exhibits for ATF National Laboratory
  • Work with Homeland Security
  • Pope John Paul II Cultural Center
  • Three Web Sites for Discovery Channel
  • Lewis Clark Web Site for the Smithsonian
  • Interactive exhibits for Gettysburg
  • CommuterPage Web Site and Mobile Web Site for
    Arlington County
  • Restaurant Web Sites for Sweetwater Tavern,
    Mikes American, Carlyle Grand Café, DC Coast,
    Ten Penh, and Landini Brothers
  • E-Learning for AOL
  • E-Learning for RIF
  • E-Learning for the Patent Trademark Office
  • Dietary Web Site www.dietfit.com
  • National Guard Museum
  • Good Samaritan Foundation Web Site for Art Monk
    and Charles Mann

6
Multimedia Clients
  • Redmon Group has developed Interactive Multimedia
    for
  • - Alexandria Economic Development
  • - American Red Cross
  • - Body Shop
  • - City of Fairfax
  • - Drug Enforcement Administration
  • - Discovery Channel
  • - Fairfax County, Virginia
  • - Fairfax Fair
  • - GE
  • - George Mason University
  • - Gettysburg
  • - HP
  • - IBM
  • - Monarch Pharmaceuticals
  • - National Guard Museum
  • - Pope John Paul II Cultural Center Museum
  • - Smithsonian
  • - Town of Warrenton, Virginia

7
E-Business Clients
  • Redmon Group has developed Web applications for
  • - Alexandria Chamber of Commerce
  • - Arlington County's Commuter Store
  • - Arties Restaurant
  • - Carlyle Grand Cafe
  • - DC Coast Restaurant
  • - DEA
  • - Deloitte Consulting
  • - Discovery Channel
  • - Ford
  • - Landini Brothers Restaurant
  • - Lucent Technologies
  • - Mikes American Grill
  • - National Cancer Institute
  • - Northern Virginia Regional Commission
  • - PGI
  • - Silverado Restaurant
  • - Sweetwater Tavern
  • - Ten Penh Restaurant

8
E-Learning Clients
  • Redmon Group has developed E-Learning for
  • - America Online
  • - Arthur Andersen
  • - Bell Atlantic
  • - Blue Cross/Blue Shield of Florida
  • - CSC
  • - Datatel
  • - Defense Acquisition University
  • - Eastman Chemical
  • - Florida Power Light
  • - Land Rover
  • - Litton/PRC
  • - Lucent Technologies
  • - MCI
  • - National Institutes of Health
  • - PBS The Business Channel
  • - Reading is Fundamental (RIF)
  • - Royal Caribbean Cruise Lines
  • - U.S. Patent and Trademark Office

9
Capabilities Services
  • Our services include
  • - 3D animation development
  • - Audio narration
  • - Database design
  • - Graphic design
  • - Instructional design
  • - Marketing support
  • - Music composition
  • - Programming
  • - Project management
  • - Video digitization
  • - Web development
  • - Web hosting
  • We Host 15 Web sites and e-commerce sites
  • - 12 Dedicated Servers
  • - Dual T-1s
  • - Security with Firewall

10
Staff
  • Total staff 20
  • Development staff 16
  • Project Managers 4
  • What does the company expect?
  • 2000 work hours per year
  • 1600 billable hours per year
  • Each staff member averages 12 to 15 projects per
    year
  • How do we find staff?
  • www.washingtonjobs.com
  • www.monster.com
  • Referrals
  • I interview first

11
My Start
  • Always thought I would start a business
  • Did not get accepted at UVA
  • Accepted into George Mason
  • Tough times during Sophomore year at Mason
  • Had to re-build myself
  • Full-time at GMU and full-time job
  • Took bus a lot to Old Town
  • Graduated after 5 years and decided to get my MBA

12
My Start
  • Worked full-time at Mayflower Hotel while in MBA
    program
  • Learned how to first work with computers
  • Developed a computer program in final class which
    gave me my start
  • Professor asked me to consult with him on a
    project for the United Nations

13
My Start
  • Started my company out of my apartment living
    room
  • Caught the wave learned Windows
  • First clients were Wal-Mart, NIH, IBM, and
    Discovery Channel
  • My girlfriend joined me full-time
  • Had to get an office more professional and our
    cats were jumping on clients
  • Grown the company to a good size and we are
    profitable

14
The Way It Was
  • Where have all the foosball tables gone?
  • What does your company do again?
  • You mean Im not going to make 6 digits by the
    age of 25?
  • You mean I wont get a car if I work here 2
    years?
  • You can breathe. Do you want a job?
  • I have the most seniority here even though Ive
    only been here 6 months.

15
Getting a Job in These Times
  • No more sense of entitlement you have to pay
    your dues.
  • Many lay-offs these last two years so competition
    for jobs is tight.
  • Not all jobs are fun.
  • Companies may not be as willing to spend for
    training.

16
Getting a Job in These Times
  • Dont go for just a paycheck - go for a career.
  • Develop personal Web site.
  • Research the company before you send resume.
  • Do not fax your resume. Do not send from current
    employer. Do not use current employers phone
    for an interview.
  • Write a professional cover letter. Make it
    specific to that job.
  • Write a clear objective in your resume that
    states what you will do for an employer.
  • Only list software that you really know.
  • Dont list too many jobs. This could appear as
    job-hopping.
  • If they dont respond, then be persistent.
  • Keep all replies professional.

17
Interviewing Questions
  • Ask the following of an employer
  • Why does the company exist?
  • Where is the company going?
  • What are the core values of the company?
  • Whats in it for me if I go above and beyond?
  • How many work hours are considered normal?
  • What type of person does the company value?
  • What is a trait that the company frowns upon?

18
Starting A Company
  • Why are you starting a business?
  • To create your own job
  • To retire early
  • To be your own boss
  • To make a difference
  • To achieve a life goal
  • To sell it
  • Why shouldnt you start a business?
  • You have too much to lose
  • You are risk averse
  • You like set hours
  • You do not like pressure
  • You see the glass half empty

19
Starting A Company
  • Challenges of starting a company
  • Finding clients work
  • Getting paid on time
  • Hiring and retaining staff
  • Financial and legal issues
  • Delegating
  • The odds are against small business
  • Only 20 of businesses survive after 5 years
  • Only 4 survive after 10 years

20
Starting A Company
  • Determine an exit strategy before you start
  • Pay your dues
  • Dont quit your day job or college, and dont
    burn bridges
  • Learn the benefits costs of different types of
    funding
  • Boot-strapping
  • Total control
  • Difficult to grow or to react to cash crunches
  • Loans from family friends
  • People you trust the most
  • What if business fails?

21
Starting A Company
  • Bank loans
  • Dont have to give up equity.
  • Must be proven with collateral.
  • Partnerships
  • Sharing of funding.
  • Dont have high success rate.
  • Venture capital
  • Quick source of money.
  • Must give up equity.

22
Wheres The Glory?
  • When a staff member tells you that this is the
    best job that they ever had.
  • Creating products that make a difference.
  • When the mailman delivers the BIG CHECK.
  • When potential clients call you because they have
    heard of your work.
  • When people think that your staff size is 100.
  • When you become debt-free.
  • Going to Office Depot is a night on the town.
  • When you have publicity in magazines media.
  • When you are no longer working IN your company.
    You are working ON it.

23
Finding Business
  • Build your companys portfolio by doing work for
    free or for barter
  • Check out opportunities with the Fed
  • Universities may have opportunities
  • When you receive RFPs, you need to make a bid/no
    bid decision
  • Washington Business Journal is my favorite
    business newspaper

24
Staff
  • As a business owner, I look for two things
  • Are they making money for me?
  • Are they making my life easier?
  • Let people know what is expected of them.
  • 2000 works hours, 1600 billable
  • Invest in your people
  • Identify your core staff and future leaders
  • Realize that you cannot please everyone
  • Identify what is important to them

25
Staff
  • How we allocate staff to projects
  • Monday morning meetings
  • Salaries
  • Based on what clients are willing to pay
  • Use 40 rule
  • Benefits
  • Be creative
  • We combined sick vacation together
  • Review process
  • 6 month reviews
  • Review budget based on financial performance of
    company

26
The Numbers
  • You have to know the score
  • Develop a method of tracking your staff time.
    This will help to
  • Track hours on TM projects
  • Ensure that you are within budget on fixed-price
    contracts
  • Use numbers for future proposal efforts
  • Know how your business is doing
  • Plant calculators throughout your house

27
Demonstration
  • Demo Time
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