Going to the Moon? New Technology Opportunities are $100mm innovations of old ideas
We need to go to the moon. We need to go to the moon so bad NASA announced 106mm USD (Source:NASA Twitter May 15,2019 11:03AM) in funding for small businesses that help them get there. Does this sound silly? I mean after all we landed on the moon in the 1960’s. There’s a saying
“There’s a difference between living and surviving. I want to live.”
The Apollo astronauts were exposed to high levels of radiation, mechanical tools that failed due to human error and a host of other issues. The definition of high risk investing can be found in NASAs Apollo project. Due to political unrest, calls from an assassinated president, and American pride we held ourselves out there. Apollo astronauts survived space they didn’t live in space.
NASA wants to figure out how people can live in space. With today’s developments a new Middle Space has emerged for space exploration. NASA seeks to make renewed effort for more efficient, safe and reusable technology. NASA reported to receive one hundred and forty two proposals from over one hundred and twenty nine small businesses. These businesses range from startups to established companies.
Notice I used the word “startup”.
Professional Entrepreneurs look for Middle Space Markets to discover their opportunity. Research & Development is a costly endeavor. Employing normal employees cost business taxes, benefits, and a great deal of personnel cost (think Human Resources & other ancillary items required to comply with work place laws). The most efficient way to expand your operation is to contract this out.
Contracting a task out to a third party is the heart of project management. I’m sure you understand now why I chose to be a project manager.
Research & Development is a costly endeavor. So much so that most large institutions have stripped it completely from their organization. For new ideas NASA would rather pay others to discover. These ideas range from solar panels that deploy similar to Venetian Blinds to a Permanent Magnet that assists in-space assembly. Other items such as high resolution sensory tools exist, including one utilizing X-Rays.
Aside from great technological news there is a point to what this announcement presents. Keen Professional Entrepreneurs recognize sources of liquidity. Whenever there is capital available opportunity exists. Money is the conversion mechanism for pay checks, wealth and business activities.
Money not tied to revenue production is a unique opportunity to exploit earnings.
Technology that serves human kind for its welfare and general improvement will always be exempt from revenue. Human kind has the right to improve its quality of life. This is the function of governments. Servicing this right is why citizens pay taxes. This leads into my other focus, “Why I chose Public Private Partnership”.
Everything about a Professional Entrepreneur is strategic focus. No activity can be wasted. Everything sequentially adds up. All items chosen are logical. Technology represents the fourth industrial revolution. We are just getting started. To learn more about how to take advantage of technological opportunities follow me @chrisknightlopez on Facebook or at Medium @chrisknight_84513. You can also sign up for my free quarterly newsletter here.
Go find your technological endeavor. Profit or loss you stand to capitalize if your goal is to invent the improvement of humanity. To your success Professional Entrepreneur!
About Christopher: Christopher Knight Lopez is a Professional Entrepreneur. Christopher has opened over 7 businesses in his 14-year career. Christopher’s purpose is to take advantage of various market-driven opportunities. Christopher is a certified Master Project Manager (MPM) and Accredited Financial Analyst (AFA). Christopher previously held his Series 65 securities license. Christopher also has his General Lines — Life, Accident, Health & HMO. Christopher has managed a combined 286mm USD in reported Assets Under Management & Assets Under Advisement. Christopher has work experience in 29 countries, raised over 50mm USD for various businesses, and grossed over 7.5mm in his personal career. Christopher worked in the highly technical industries of: biotechnology, finance, securities, manufacturing, real estate, and residential mortgages. Christopher is a United States Air Force Veteran. Christopher has a passion for family, competitive sports, fishing, martial arts and advocacy for entrepreneurs. Christopher provides self-help classes for up-and-coming entrepreneurs. Christopher’s passion to mentor comes from belief that entrepreneurs need guidance. The world is full of conflicting information about entrepreneur identity. See more at www.christopherklopez.com.