WARNING: The reader should be aware that some content in this blog entry may refer to episodes and events they are yet to see.
If you followed the TV series Lost, you probably have an opinion about the final episode. If you haven’t seen it, you can adopt this opinion: it sucked. In my opinion it sucked most because all the mysteries that should have climaxed in the finale just fell flat on their asses.
Through an untrained eye it would seem this project had the same faith.
So, as you can guess, the seed funding round for FinderBase failed. I didn’t become a millionaire even on paper. The overall benefit of this project is the difference between where we are now and where we would be without it. I have a hard time seeing the failure from the multitude of small successes that this project has caused.
But the end is a new beginning.
It is impossible to put in words the huge positive personal impact that this project has had on me. Instead, I’ve arranged a birthday party tomorrow at 5 pm Finnish time at our apartment.
Everyone is welcome.
Please register on the Facebook event page.
See you tomorrow!
My namesake Petteri (Koponen) of Jaiku fame, has returned to his blog. His obvious intention is to promote his current business as an early stage seed investor in start-up companies.
What is interesting about Petteri’s blog is that already his second entry addresses the very essence of my project. He places his words rather ambitiously:
… a startup trying to change the World is as likely to succeed as another one going for a smaller, “more realistic” goal.
I couldn’t agree more. If you put your target sky-high, even a failure could be worth a fortune.
But what are the realistic goals? Most people in Finland live rather frugal lives. If you make 5,000 €/month, you are in the richest 5 % of the population! Now this makes you think.
Let’s do a small calculation
So a filthy rich person in Finland makes 5,000 €/month. That is 30 €/hour and that’s before tax. After the tax of let’s say 35 %, that person will end up with 0.32 €/minute. Yes, you heard correctly, that’s what the rich people make.
Now, the aluminum can refund in Finland is 0.15 €. If you spend less than an average of 28 seconds picking up and returning an empty can, you’re making more money than the 95 % of your fellow Finns. Remember this the next time when you look down on someone collecting empty cans for refund.