mIQroTech has a "Startup Friendly" Budget -- Here is how
We plan to do live, unscripted update videos on the status of our campaign and the project. We will also have a Q&A session at the end of the events where invited investors will have the opportunity to ask their questions live.
Steps We Take to Budget
1) Setting a laser focus - Putting time and resources into creating one incredible system at a time is much more efficient than spreading resources out too thin. We are focusing our resources on the mIQroAware system as it has proven itself to be a valuable product and service.
2) Reduce Costs - Rather than spending haphazardly on development, we assess each expenditure and look for the highest value purchase. This holds true when talking about the components we are using in our beta modules to the cloud computing systems we are using for the AI. Low cost, high quality hardware components pared with scalable cloud systems helps us reach our financial objectives.
3) No Extra Employees - We have built a winning team. Justin is the database guru, Meade has hardware development and coding under control, Rich offers expert advice on financials and capital, while Dean is the industry know-it-all. Rather than spending extraneous money on unnecessary employees, we focus our resources on a few, industry leading advisors and engineers.
4) Using Resources Around Us - We have a lot of resources that help us operate efficiently. Partnerships such as a patent attorney who has agreed to file patents for much less than the average cost, network providers paving the way for our deployable devices, and other industry changers. In addition, we have free access to server clusters, for development purposes, to test our AI before submitting it to the cloud.