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Entrepreneurial section?

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This topic has 1 voice, contains 12 replies, and was last updated by Avatar of jack.tinsley jack.tinsley 475 days ago.

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January 20, 2010 at 3:19 am #1177
Avatar of ClaytonB
ClaytonB

There’s lots of details on engineering and so on but where is the section for entrepreneurial progress? If we think of a seastead as a kind of seagoing business park, shouldn’t TSI be signing up businesses as early as possible to get continued funding? I have a few business ideas that could benefit from the unique legal position of residing on a seastead but what’s the point of pursuing venture capital if no one else is? Who are the other people here who are interested in starting a business running on a seastead?

Clayton -

January 20, 2010 at 3:20 pm #9292
Avatar of i_is_j_smith
i_is_j_smith

You aren’t going to get any businesses to sign up until you have a solid engineering plan. Nobody is gonna buy retail space on your seastead if they don’t even know if it will float.

Plus the plans behind that “unique legal position of residing on a seastead” haven’t even been completely realized. So far it doesn’t look like residing on a seastead will give anyone any unique legal positions.

So I think there is a lot more research that needs to be done before worrying about talking to venture capitalists.

January 21, 2010 at 6:05 am #9296
Avatar of xns
xns

Agreed Clayton,

Also, seastead R&D/Manufacturers like ODSI and Hadean International(Formerly GENESIS) were both started in the “Crazy Ideas” section… not the best sub-forum to post business concepts. And smith, you’ve got it backwards, businesses are solution providers. If a solid engineering plan already exists, it’s competition.

King Shannon of the Constitutional Monarchy of Logos.

January 21, 2010 at 4:26 pm #9304
Avatar of i_is_j_smith
i_is_j_smith

xnsdvd wrote:
businesses are solution providers. If a solid engineering plan already exists, it’s competition.

I disagree. If, as Clayton said, you think of a seastead as a “seagoing business park” then you have to think like a business park.

If you own a business park in a high-crime, poverty-stricken, run-down part of town then what businesses are going to want to come to you? Plus if the buildings in your park are falling down or constructed poorly it doesn’t matter how nice you make the rent…businesses just won’t come.

Same thing goes for seasteads. If you want businesses to come and setup shop on your seastead…or if you want investors to put money into it…you need to present solid engineering and infrastructure plans. The questions you need to answer are many. Will it float? Is it safe? Will retail space be cheaper than on land? Are we protected if we do illegal things? How will customers get there? What about pirates? Etc etc etc. Without the answers to those questions, and dozens of others, there is no point talking to potential investors/business partners.

January 25, 2010 at 11:27 pm #9353
Avatar of ClaytonB
ClaytonB

i_is_j_smith wrote:

xnsdvd wrote:

businesses are solution providers. If a solid engineering plan already exists, it’s competition.

I disagree. If, as Clayton said, you think of a seastead as a “seagoing business park” then you have to think like a business park.

If you own a business park in a high-crime, poverty-stricken, run-down part of town then what businesses are going to want to come to you? Plus if the buildings in your park are falling down or constructed poorly it doesn’t matter how nice you make the rent…businesses just won’t come.

Same thing goes for seasteads. If you want businesses to come and setup shop on your seastead…or if you want investors to put money into it…you need to present solid engineering and infrastructure plans. The questions you need to answer are many. Will it float? Is it safe? Will retail space be cheaper than on land? Are we protected if we do illegal things? How will customers get there? What about pirates? Etc etc etc. Without the answers to those questions, and dozens of others, there is no point talking to potential investors/business partners.

[/quote]

Well, the technical problem of being afloat has already been solved by ships. As far as I understand, initial TSI plans will likely start small with the purchase of an existing ship anchored in the EEZ and they would like to do it within two years. If TSI doesn’t plan to host for-profit businesses in this ship to take advantage of the legal status of the ship, then what is the point? And if for-profit businesses will be hosted there, then the technical and business aspects can be pursued in parallel… I have absolute faith that cost-effective solutions to all the technical problems can be found… the question I have, then, is who else wants to invest and/or go solicit venture capital with new venture ideas? My venture pitch will be a lot more credible if I can point to 20 other venture ideas that are being pitched to other venture capitalists, meaning, the initial TSI platform is less likely to be just another HavenCo flash in the pan.

Clayton -

January 26, 2010 at 3:31 pm #9364
Avatar of i_is_j_smith
i_is_j_smith

ClaytonB wrote:
Well, the technical problem of being afloat has already been solved by ships.

That’s not necessarily true…yes boats can float but they are not meant to be anchored in the deep ocean in one location for extended periods of time. All the technical hurdles associated with that will need to be addressed, and most investors don’t have “absolute faith that cost-effective solutions to all the technical problems can be found”. Can these hurdles be overcome…probably yes. But investors are going to want to know what those solutions are before investing their money or signing a contract to put their business on your seastead.

ClaytonB wrote:
If TSI doesn’t plan to host for-profit businesses in this ship to take advantage of the legal status of the ship, then what is the point?

Again, you assume that the ship will have a “legal status” that certain types of businesses can take advantage of. There is no certainty that this is the case, and if you expect this to be an added value for potential businesses then you need to show them absolute proof that this will be the case. You cannot pursue the legal and business aspects in parallel…you need to have a solid legal basis before you even sit down with the first potential business partner.

For example, let’s say one of the businesses you want opening retail space on your seastead is a hash bar. Do you think anyone is going to do business with you unless you can guarantee them there won’t be any legal repercussions? You can’t say to them “Come on, open your hash bar and I have absolute faith the legal issues will work themselves out”. They won’t even look at the contract until you can show them that they are legally protected when operating that kind of business.

Get the engineering and legal aspects worked out first, and then you can go to potential business partners with a well-defined plan that they can understand and accept.

January 26, 2010 at 10:37 pm #9369
Avatar of J.L.-Frusha
J.L.-Frusha

I’ve already posted a thread on the “Waterworld” floating Atoll platforms. Designed to take Category V Hurricanes, tested close to that, in real-world conditions… Find that design, get co-production rights, to commercialize it. I forget, but believe it was 6 segments with a mechanism that allowed it to flex. It used 4 deep-sea anchor points(as I recall), was partially fabbed on land, assembled at sea and then built-up from there. After filming, they towed the sections to California and reassembled it. Would that not be appropriate? Sure, the set-design wouldn’t work, but the platforms and anchoring would.

Put a ferrocement wall around the outside, structures inside. Includes a handy little harbor, too. I don’t have the video, anymore, but the description was given, as well as the design company(credits, maybe?).

Surely some of ya’ll(if not all) have seen the movie… Could build out from that, in spoked rings. Get the art of living at sea down, then sell the idea… Surely somebody knows somebody that can get a tour and milk the info out of them.

Heck, copy the large chunks of the thing and open “Waterworld Resort.” Invite a high-roller out, every now and then, give him a way to tie-up his yacht(anchored buoy?) and drum-up the finanaces that way. Start a chain, in major districts, get a demand. Even maid-services have to have a place to stay… Someone has to feed everyone… Raises the odds that someone will move to the seas, don’t you think?

Not saying the monster hotel/casino won’t work, but the purse-strings are pretty tight, around the world, at the moment. I don’t(and won’t) swim in those circles, but I wouldn’t mind a chance to raise the sea-farmed, fresh shrimp, fish and oysters… Maybe the boys would like to do some fishing, while they’re out… There’s another business… Greenhouse, aquaponic, organic vegetables? Bet I’ll grow mine, but there’s another possibility… Keep it clean, don’t allow more than mild drugs, no formal prostitution(awww Not saying the hosts and hostesses, boys and girls can’t play… Better keep it disease-free and minimize pregnancy risks, though.)… Bouncers will be a ‘must.’ Everyone checks their guns and knives at the door, except, of course, the bouncers and staff, but it better be snapped in the holster, so it doesn’t get snagged…

My 2 cents, anyway… Boils down to getting something going by economy of the times, technology of the times. Put it just out of sight of land, so they can pretend how far away they are…

Later,

J.L..F.

If you can’t swim with the big fish, stick to the reef

February 1, 2010 at 5:42 am #9448
Avatar of J.L.-Frusha
J.L.-Frusha

Presuppose tha someone had a possibly marketable idea. Whom, here, would they actually need to contact and what level of interaction can they expect, without being shut out of the loop? I mean, it’s “my” idea, but I want to see it developed through this organization, with reguards to oversight, but want “my” name on it. Who do I talk to? Maybe it’s a modification of someone else’s design or idea, that might be more feasible… Perhaps, using current tech. to do what the Gov’t and industry believes is not possible, simply by modifying an existing methodology in a new way…

Later,

J.L..F.

If you can’t swim with the big fish, stick to the reef

October 12, 2010 at 1:07 am #11510
Avatar of Eric-Jacobus
Eric-Jacobus

Hi Clayton,

While I’m not sure a new section for entrepreneurial endeavors is needed just yet, we’ve started our Sink or Swim Business Contest, where you can submit your business plan for a cash prize. Here’s the page: http://seasteading.org/community/contests/sinkorswim-2010.

Eric Jacobus
Office Manager / Communications Coordinator
The Seasteading Institute

October 13, 2010 at 12:09 am #11529
Avatar of J.L.-Frusha
J.L.-Frusha

Read the ‘rules’ of the contest… They want a floating resort, as opposed to an actual, profitable business…

Later,

J.L.F.

Never be afraid to try something new…

Remember, amateurs built the ark, professionals built the Titanic.

October 18, 2010 at 9:26 pm #11603
Avatar of jack.tinsley
jack.tinsley

I agree with you all in the sense that the first floating seastead has to be funded, built, tested and made profitable or at least self sustaining. Aside from house boats and the fellow with the little plastic bottle float in Mexico, which was welcomed by the goverment and made a tourist attraction, there is nothing else I have seen that is the “start of it all”

I like the idea of the contest and do feel that a floating resort is an actual, profitable business. The world is full of these businesses and doing quite well, they just don’t float.

I feel the proof has to come first, in scale, then others will see the benefits. I also feel that it must show that the plan can be profitable, or again, at least self sustaining. I finally feel the first venture could be a floating resort that showcases eco living, with comfort.

My plan is to self fund a 50 by 100 floating island called Eco Island.

The proposal is to build a 100 by 50 self propelled float from recycled 500 gal propane tanks as a base. The structures on top would see a 40′ diameter common area and accommodations for up to 30 people. The design would look as natural as possible to resemble an island without big boxy structures. The purpose would be to offer tourists and travelers an alternative to standard accommodations as available on Haida Gwaii and an opportunity experience, first hand, sustainable building and living practices.

I can foresee school groups and special interest groups utilizing the island for research and eco studies up here as it is possible to move the island around to different areas.

I plan to use radiant heated light weight concrete floors via a wood gasification boiler and burn standing dead wood gathered from the area. Solar and wind generation to feed battery banks, a small desalination plant, rain water catchment systems, composting toilets, eco friendly soaps for grey water recycling and energy efficient appliances where needed.

The island will have a lighthouse structure that will double as a green house and vertical growing systems to produce some of our own food. A chicken coup could be fun for fresh omlettes in the morning. Fishing is always good up here so there shouldn’t be short supply of cedar plank salmon dinners.

I am the sole proprietor to the concept at this time and have the time and resources to accomplish this ambitious project. I have been researching for the past 6 months and have tied into the marine engineer community for calculations and design ideas as well as the seasteading organizations for input on sustainability at sea.

I plan to start building the float system early spring time and will probably take up to a year to complete the rest of the structures.

So… wether we build from concrete steel or plastic, wether it is for 10 people or 100, wether it is tourist, retail, industrial or just a bunch of hippies growing corn, wether it is 100 feet off shore or 100 miles…. let’s get together and help each other to begin the common goal of life at sea.

I have joined this forum because it gathers the most like minded group of off the wall thinkers and feel inspired by the replies I have been getting already, not to mention the wealth of information. I welcome any input or the opportunity to share my ideas with anyone interested.

P.S. For those of you who might not know, Haida Gwaii is the Queen Charlotte Islands. A group of islands 60 miles off the coast of Northern British Columbia, know as the Galapagos of the North for it’s unique eco systems.

October 19, 2010 at 10:33 pm #11618
Avatar of ellmer
ellmer

Jack, you burried this important post deep inside a thread that deals with different stuff. Would be better to open a new thread for that kind of post to allow people to follow the ideas.

You mentioned (on the other thread) that you have unlimited resouces of tree trunks – so why not just make a tree trunk float – cast a concrete plate on top of it create a chambered concrete float on the baseplate (much like the Nkossa barge) . When the tree trunks rott away they release your concrete float gradually to flotation (very much as a floating drydock). The technique also allows to add sections when the project needs more space, you can work floating on the water starting with the first 5-10 tree trunks and a small provisorial hut on top of them.

If you have unlimited trunks – take advantage of them.

Wil

October 20, 2010 at 1:37 am #11620
Avatar of jack.tinsley
jack.tinsley

First off, Claytonb, I am sorry if I have broken post protocol. I am new to forums, this is the first one I have ever joined (At 50 years old and been on the net since it came, this is a great compliment to you guys) and I will get better.

The point I was trying to make is scalability, just as most feel is the best way to build the foundations of a floating structure is scalability, the business plan should probably start off at small scale and work up. My business plan says that I invest $150K and get a return on investment in less than two years. Since it is a new model I don’t have any solid proof that it will actually work this way, but at that level of investment I am willing to risk it.

All the pros and cons represented in the post are legitimate, the thing to think about is where does it start.

Wil, thank you for the input, I will respond to you back in Structural.

P.S. wish this had spell check??

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