an old friend offered me to join him in the used computer business. Upgrading old systems with new ones, taking the old systems away and collecting a disposal fee, and turning around and selling the old systems to customers that cannot afford a new one. I am covering the SWOT with him now, strengths, weaknesses, opportunities, and threats. There is of course a risk involved.
My mother-in-law wants me to develop hand held apps for small law firms using my talents I learned at the large law firm. Then using the talents I learned at the medical company to develop hand held apps for doctors and nurses. So far I have not seen any of these apps being developed for hand held units yet, and if they are being developed they are not being advertised enough. She seems to think it might become a million dollar idea. I am more skeptical and will be happy if it ends up being a $10,000 dollar idea, because that is $10,000USD more than we have now and will pay for the development tools I will need to buy and then some. With memory sticks and compact flash cards, 100M databases can be stored on them. Which should be about right for small law firms and small hospitals. Then the desktop app can be designed and synch up with the handheld, the desktop app is the master database and the hand held is the copy. Much better than using a phone line in a laptop to connect to the office from on the road. Just download the info before leaving the office to the hand held. We will cover PalmOS, Windows CE, and Erisson phone devices. The software will check for updated records and new records and only copy what needs to be copied and not the whole database as some information does not change. Each record will store a created date, a modified date, and what user ID modified it last, which can be matched up with the hand held database. The problem is that USB is used for cradle connections and may be slow in updating a bulk of a database.
Two resources that I am lacking to do all this, are time and money. Do I dare quit school to follow my dreams, or stay in school and do it part time but earn less money? I can easily get a personal loan of $5000 to start things up, and hope that I earn enough to pay it back.