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Ethan's R2-D2 Project |
That's Forrest M. Mims, III top, center.
Backing up a little bit... While I was working as a co-op student at Marathon Petroleum in '06/'07, I took some Summer classes at Marshall University. Among them were a Technical Writing course and one called "Technology & Innovation" where we actually invented, prototyped, manufactured, and tried to market a product. I was only auditing the T&I class and ended up dropping it mid-course because I just didn't have the extra time. But in the Technical Writing course, I had to write a business plan, small business grant proposal, and design a webpage for my business. Of course, I used Rainbow Robotics as my subject. For the webpage, I needed some graphics; so I drew / painted some water color illustrations which were personified versions of electronic components (see picture below).
As part of my research for the Technical Writing class, I went around to several small businesses around Huntington and spoke with the owners about how they started their businesses. I later went to the West Virginia Small Business Development Center at the Capitol Complex in Charleston and found out all I could about starting my business. ...I still haven't applied for a West Virginia business license or Federal Employer Identification Number because I was afraid that I'd get hit with a lot of taxes or something (probably not if I don't make a certain amount of profit). I need to quit procrastinating and just do it!
Sometime in 2009 a new electrical engineering professor at WVU Tech contacted me about wanting to buy some electronics kits! :) So I sold her a batch of 30 Garfunkel kits (with some left over from before and some from new stock) at $10 per kit. I almost broke even with that sale!
Another electrical engineering professor at WVU Tech was working on a project designing hydrogen fuel cell charging circuits for electric cars for an automobile company in Chicago. He called me up and asked if I would design the printed circuit board for his charging circuit. He offered me $200, and I accepted. He came back months later after redesigning the circuitry, wanting me to make a far more complicated PCB - and gave me a 1 week deadline!!! I told him that it would be nearly impossible to design such a complicated PCB (printed circuit board) in my free time after work in just one week. I told him that I would do it for $1,000 (the largest sum that I had ever charged for any design work). He agreed, and I busted my hump to get it done in a week - which I did, of course (see picture below - notice the Rainbow Robotics logo on it and my name and e-mail address >> free advertising!).
Needless to say, I was pleased with my progress in 2009! I was approached by three individuals seeking my services and expertise! My company name was starting to get around ("branding"), and I was developing a reputation for fast, high quality electronic design work. And I was finally able to set my own prices!
In addition to my entrepreneurial success, I began volunteering my time with educational programs in the Kanawha Valley. For the last three years, I have been a coordinator / judge at the annual TSA (Technology Student Association) Conference at Cedar Lakes in Ripley, WV. I volunteered to help with Charleston Catholic High School's FIRST Robotics Team. I mentor the Eagle's Nest Robotic Club in Barboursville, WV. And I served on the board of directors for another educational program in Charleston - the name escapes me right now.
Over the last two years, I have designed several electronics / robotics / animatronics kits. For my voice synthesizer kit, I decided to up the ante and design a nice plastic enclosure to house the PCB; however, this added $7 to the material cost of the kit. Unfortunately (and I knew this going into the initial design), I designed the kit around a $25 phoneme chip. The material costs just to produce one kit is nearly $50, making it prohibitively expensive - not to mention packaging, distribution, overhead, etc. And to really make a profit, the retail price needs to be about 4 or 5 times as much as the amount of money it costs to produce. ...I did contact the manufacturer of the $25 chip and checked into doing a source code license (SCL) by which the software would be licensed to me, and I would be able to buy raw chips ($1 each) and program them myself - as many as I want for 2 years. But I think he quoted me $2,000 for the SCL, and I just didn't have the capital to invest at the time.
Frankly, I haven't really made much progress at all in the last couple of years. I have gained a tremendous amount of knowledge about many aspects of the product design, manufacturing, and business end; however, I haven't focused my energies toward a solid, marketable product yet. I've spent all of my time bouncing from one fun project to another without putting much effort into turning out a product to sell.
It's time to get serious! If I'm going to do this thing, I need to quit squandering away my time and just do it! I am going to be to the robotics revolution what Bill Gates was to the computer revolution - just wait and see!!! :)
Sometime in 2009 a new electrical engineering professor at WVU Tech contacted me about wanting to buy some electronics kits! :) So I sold her a batch of 30 Garfunkel kits (with some left over from before and some from new stock) at $10 per kit. I almost broke even with that sale!
Another electrical engineering professor at WVU Tech was working on a project designing hydrogen fuel cell charging circuits for electric cars for an automobile company in Chicago. He called me up and asked if I would design the printed circuit board for his charging circuit. He offered me $200, and I accepted. He came back months later after redesigning the circuitry, wanting me to make a far more complicated PCB - and gave me a 1 week deadline!!! I told him that it would be nearly impossible to design such a complicated PCB (printed circuit board) in my free time after work in just one week. I told him that I would do it for $1,000 (the largest sum that I had ever charged for any design work). He agreed, and I busted my hump to get it done in a week - which I did, of course (see picture below - notice the Rainbow Robotics logo on it and my name and e-mail address >> free advertising!).
Needless to say, I was pleased with my progress in 2009! I was approached by three individuals seeking my services and expertise! My company name was starting to get around ("branding"), and I was developing a reputation for fast, high quality electronic design work. And I was finally able to set my own prices!
In addition to my entrepreneurial success, I began volunteering my time with educational programs in the Kanawha Valley. For the last three years, I have been a coordinator / judge at the annual TSA (Technology Student Association) Conference at Cedar Lakes in Ripley, WV. I volunteered to help with Charleston Catholic High School's FIRST Robotics Team. I mentor the Eagle's Nest Robotic Club in Barboursville, WV. And I served on the board of directors for another educational program in Charleston - the name escapes me right now.
Over the last two years, I have designed several electronics / robotics / animatronics kits. For my voice synthesizer kit, I decided to up the ante and design a nice plastic enclosure to house the PCB; however, this added $7 to the material cost of the kit. Unfortunately (and I knew this going into the initial design), I designed the kit around a $25 phoneme chip. The material costs just to produce one kit is nearly $50, making it prohibitively expensive - not to mention packaging, distribution, overhead, etc. And to really make a profit, the retail price needs to be about 4 or 5 times as much as the amount of money it costs to produce. ...I did contact the manufacturer of the $25 chip and checked into doing a source code license (SCL) by which the software would be licensed to me, and I would be able to buy raw chips ($1 each) and program them myself - as many as I want for 2 years. But I think he quoted me $2,000 for the SCL, and I just didn't have the capital to invest at the time.
Frankly, I haven't really made much progress at all in the last couple of years. I have gained a tremendous amount of knowledge about many aspects of the product design, manufacturing, and business end; however, I haven't focused my energies toward a solid, marketable product yet. I've spent all of my time bouncing from one fun project to another without putting much effort into turning out a product to sell.
It's time to get serious! If I'm going to do this thing, I need to quit squandering away my time and just do it! I am going to be to the robotics revolution what Bill Gates was to the computer revolution - just wait and see!!! :)