Making the Money - the Business power of Technology

I was trained as an engineer, so basically my mindset is more like learning new technologies to get employed and well-paid by a good company.  I am good at problem solving and also reading technical references and datasheets.  But I didn't have much sense on making money until I started my career at a software company.

After I got some stock options from the company, I started researching how the options work, how to trade it.  Later on, I joined a startup with my friends (college-mates).  I got more involved with business related stuffs.  I knew better about the difficulties on selling new technologies to people.

I am putting some of the experiences I learned starting with this article...

The money making business is built on a basic model,

    Money = Technology ^ Business,

so called the Business power of Technology.

If the Technology is zero, the Business is x, the Money is zero.  In this example, the return 0 < 0+x.

If the Technology is one, Business is zero, the Money is one(not a big difference from zero, unless you feel good about it).  In this example, the return 1 = 1+0.

If the Technology is one, Business is two, the Money is still one.  In this example, the return 1 < 1+2.

"Technology is one" means the technology is about normal, not special, Most people know how to do it and can make it.

If the Technology is two, Business is zero, the Money is one.  If you don't know how to sell a product, you almost get nothing in return.  In this example, the return 1 < 2+0.

If the Technology is two, Business is one, the Money is two.  Two is better than one, but you don't get a good leverage on your hard-working technology.  In this example, the return 2 < 2+1.

If the Technology is 2, Business is 2, the Money is 4.  This is a lot better than previous examples, although 4=2+2.  But you get more potential, and you are on the way to make more money.

If the Technology is 2, Business is 3, the Money is 8.  This makes some differences,because 2+3=5 and you get the return of 8.

So a money making business is more like a good join of engineers and businessmen.  To make the join, there might be more roles got involved, such as, venture capitalists, angle investors, and accredited investors.