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Get it right the first time.
For most competent programmers, the hard stuff is not really
in the programming or concurring with clients' expectations. In most
cases, clients are not savvy enough to know the issues. For example, we
took at least 2 years to create our own random number generator. Like
others, we used an off the shelf one which did not work. One of our
client has expectation of generating at least 1 million numbers within
48 hours all unique, so it can't use time as the seed. So we had to
make one ourselves and in the course learn something about the science
and maths. Random number generator is used almost in all e-commerce
transactions so its handy to have one that at least pass the diehard
tests. Our application has been used for airline system. and in other ticketing systems etc.
We also learn that the most difficult part of any design is
planning for the unknown, which means test and more test to reveal
further test. Else the clients will not know what hit them when it
comes to LIVE which by that time is too late. Cost wise, for each
mistake or error, it cost 7 times more to fix it, if it can be fixed.
We should know as fixing other people's problem seems to be prevailent
nowadays. If you have a good programmer in your team, try to keep him.
Frankly it is difficult to fix bugs created by others.
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Surely, if we
have more than 24 hours in a day, we could do more. A wiseperson once
said, you have to live as if there is no tommorrow. You decide.
Finding time to update my first web-site dedicated to
environmental issues at www.violater.com
and Commonwealth Games 97
Trying to better cracker.com.au see our own sydneyx.com
(launching soon)
more ? yeap but its secret.
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Our forte is in coming up with smart solutions. See Samples
here.
University need funding. Parents need to fix their child's
future school fees.
Solution: Create a system where the future price risk is
transferred to University wherein said risk is priced and paid by
parents.
Income here becomes the funding needed. Now US Patent 7,395,234
www.eduoption.com
Similarly, a vehicle manufacturer need to sell and vehicle
buyers wishing to hedge future vehicle cost. 
www.vehicleoption.com
Similarly, a bank wish to protect their shares portfolio from
downturn. Depositors looking for higher return but do not mind
purchasing
shares of their choice at lower value. So whats the connection ? Bank
can pay a fee on top of the interest to the depositors when they could
not buy the shares at the lower price.
When the market falls, the depositors get to buy the shares at the
lower price directly from the banks/portfolio manager. This also means
less selling on the open market and in a way prevent panic.
It is well known that smart investors only buy when market is down and
sell when its up, so our solution mimics this behavior.
Depositx
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Some of our US Patents are 7376612, 7395234 and 7461010. We
even contributed to the betterment of this planet by inventing carbon
credit option system (see Australia Innovation Patent # 2006100751-
Issued 4 Sept 2006)
We are happy to discuss issues/concepts with people. But
before you shout your idea and if its commercially valuable, please get
some protection. This is to protect yourself and us. Check out
WWW.USPTO.GOV or your local IP center.
The bottom line is that to make money you need 60 % hardwork
+ determination, 30 % Luck and 10 % Brainwork, even if you are a
genius.
My method for a fairer
funding system for small start up. I think we all deserve some
recognition to our ideas and concepts
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| Well, besides
the typical database, webserver-client stuff, we also look at patenting
issues particularly for USPTO.
Say if you are going to spend US 200,000 for a website on
concepts that may bring you a lot of profit, surely you would like to
dig around to see how to protect yourself or at the very minimum
prevent others from doing the same.
If you think this is unrealistic then think again. You do
not want your clients coming to you and saying they received a cease
and desist order from your competitors.
Our cost, we charge according to time spend on the project.
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We started in June 1999 (in Sydney, Australia) and since
then, we had up and downs. This is a tough business but when I get up
in the morning, the only thing I could think of doing is this. Been
bitten by sharks a couple of times, but they come with the territory.
My advice to CS grads is to get a law degree and to be cautious when
dealing with non techinical people.
As for the future, we have strategically placed as many as
over 27 patent applications, mostly in payment and finance related
systems. Given the latest supreme court decision on Ebay v MercExchange
(16 May 2006) in regards to granting injunction, it appears the bar has
been raised higher. It does however excluded the reasoning of the
district court on the point that an injunction be denied on the grounds
one could license it. From now on it is a case by case basis at the
district level and it could depend on the owner's intention for the
patent.
Other creations -
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