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My full assessment

Set up and Planning

  • Created a business plan
  • Performed a competitive analysis
  • Assessed the value of the market
  • Interviewed potential customers
  • Created a prototype
  • Confident
  • Very Confident

Market Research

  • Confident
  • Confident
  • Neutral
  • Not confident
  • Neutral

Finances

  • Confident
  • Confident
  • Confident
  • Confident

Sales

  • Confident
  • Neutral
  • Very Confident

Operations

  • Neutral
  • Confident
  • Confident
  • Neutral
  • Confident
  • Very Confident
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MM

Michal Masaryk Entrepreneur

Location
Slovakia
Venture Industry
Computer Services/Information Technology
Languages spoken
  • English
  • Slovak
Recent Activity

What I need help with

My background as an entrepreneur

My current challenges

Getting hold of practical aspect of IoT technology and creating a feasible configuration for working prototype. Creating an electronic configuration. Legal and taxes - what legal structure to pick while being based in EU and operating both inside and outside of it. Challenges of operation in outdoor industrial environment.

Actions I’ve taken so far

Created a strategic business plan. Completed a thorough market research - on the internet and locally directly in industrial instalations + through netwoking. Created a prototype. Started calibration of the prototype.

My future goals

Complete prototype as proof of concept. Test the system with several devices on residential and industrial site. Create a manufacturing supply channel. Overcome any challenges. Scale to the sky (just like Jayson Waller, CEO and founder of PowerHome Solar).

My motivations to work with a mentor

"You cannot go it alone". Mentors are a GREAT way to gain valuable insight, get experienced advice and generally be propelled forward.


About my venture

HydroShade

Technology startup specializing in automation and cooling technology with the use of IoT/cloud - both in residentail and industrial sector. Current development is focused on reduction of heat gain of buildings and development of active shading systems. At the moment a 2-person (de facto) family business. The partners being - a university professor of thermodynamics and and a PhD student of automation and applied informatics.

Countries of operation: Czechia, Germany, Italy, Poland, Slovakia, United States of America