CFC and Digital Bands Summer Update

Aug 9 2021

My Cash Flow Challenge was initially due at the beginning of July, was postponed for a week. Overall, it was successful.

As far as the updates go - Whether you're following this blog with the intent to learn what's going on in the Digital Bands or the rest of the Rocketcoil operations, I hope that so far you’re happy with what you see. In my last blog post, I announced that there isn't going to be a new report until the end of the CFC, but even so, the next report was postponed for - another month. Why is that?

The CFC has turned into a new 'cfc' which is even more challenging, and with the purpose of continuous growth.

These challenges pushed me out of my comfort zone and it's paying off. The main idea is to keep doing this, and more uncomfortable things.

We celebrated the finale of the first CFC by diving into the ice cold river at 6:00 am.

The Band Project is still in progress, I'm in the phase of talking to investors. This requires a special kind of preparedness and communication that I'm also getting better at. Since there's little to post about that lately, I will save your time and my energy by posting whenever it will make sense to do so.

You might still ask, what’s the status? What has been worked on for the last 3 months?

From my partners, I’ve gotten feedback, that the project is ready to be funded. In the phase when documentation is ready, the market is ready, the technology is ready, what needs to be provided for the project next is:

Resources.

The project in its concept phase has come to the point where the progress that will make sense needs skilled people to work on it, and skilled people cost money. The growth that the project deserves right now is something that can be provided - effectively - only with money, and we’re looking at an initial investment between 75.000€ and 100.000€ to get it to the next phase.

In relation to the project, it’s my job to secure the investment and this itself is a whole another skill that I’m honing for about a year now and should come fruitful soon enough.

Projects like these require a broad range of skills, many of which I didn’t have before and many of those I didn’t know are - in fact - a skill. They come useful in all kinds of life situations as well, and I’m happy to be present to this happening.

“The race is long, and in the end, it’s only with yourself.”