Well after two years of graft and many highs and lows (more highs than lows) today is the last day I'm doing anything officially for Doddle and we will close down operations until times may allow us to dust off the idea and move it on a bit further. Trying to raise capital in the worst economic downturn since the Second World War and some say the great Depression of the 30s is like trying to push water uphill - it just isn't going to happen and with such a big idea and its scale and ambition and therefore some inherent risks, we aren't going to get anywhere against the tide especially as the markets wont bear it currently,
The door will be left open and there are some alternatives that we will explore but for now, a rest and a period of reflection are needed. Of course it is a shame and of course it is disappointing but neither of us are that upset about it because we kept it real throughout realising that this may well be the outcome of our efforts.
The good things are that we have learnt an awful lot about business across all disciplines and added to our existing portfolio of skills. Both of us talk a different sort of language now and we've had and held our own in discussions with some of the top lawyers and investors in the world and they've been very receptive and most complimentary about our approach, preparedness and the idea itself. From these people has also come the necessary reassurance that we had done everything possible to realise our ambitions.
So, no regrets about 2 years apart from, I suppose, not getting any revenue or money out of it of course :-) Money isn't everything but with a wife and two children at University it was a challenge. The challenge now isn't to jump from here into anything that I will regret doing. I'm now preparing myself for whatever will happen with Dad, my forthcoming Installation as Master of my Lodge and then to take a break, try and do nothing on this damn computer and perhaps potter around the house and do some maintenance and I might, if I feel like it, tackle the bathroom or at least do as much of the preparation work ready for the plumbers to come and do the final bits. There's work in the garden to do and the outside of the house has taken a battering with all the wind and rain and the ice damage to the render so they can be fixed too.
I have started a complex series of mindmaps that are helping me to sort out my priorities and needs and wants and to filter jobs and career choices etc. I find it really useful to organise my thoughts in this way and to then analyse these things. I need the break to allow these ideas, needs and wants to settle themselves down a bit and to take shape. I really like the idea of using my history and research skills and my analysis work to take up some sort of genealogical and records based research work but again, will it pay the bills and can I make it work and pay? I'm sure that I probably can but I need to go and take the "reality pills" and that is what the break is there to do. I was really interested in running an old fashioned tea room in the country as a life style choice but once again it sounds lovely but is it? This would require selling up here, buying somewhere and making a real go of it but other things suffer too when that is done. What if you get there and hate it - then what do you do?
So that's where we are today, I think that we did an amazing job in the past 2 years building the business and getting to where we are, we were pretty thorough and knew where we were all along by keeping it real. I was annoyed that only half of the team made it to the end, two dropping out very early on which doubled the time it took for us to get here - we should have been finished in a year but the resources messed us up. It would be interesting if I could work out how to re-brand myself with all that experience, bottle it up, market it and sell it, it has to be valuable to anyone starting up but you would have had to have taken the journey thus far to have realised it :-)
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