Nov 27, 2009
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Contrary to popular opinion, RFID was not a character on any Star Wars Episode!
However, it does stand for Radio Frequency Identification. And it’s a technology that has numerous applications. One of those is for tracking sales data in retail point-of-sale systems.
Jack Eggert, Co-founder and CEO of WeConectIT, joins The Looney Executive to discuss his company, the technology, and the challenges of launching a tech venture.
Based in Dayton, OH, WeConectIT has a handful of installations and is looking for a broader rollout to additional locations. Jack and his partner started with $60,000 in friends and family funding. Now, in order to grow fast, they want to raise an additional $3,000,000!
Will Jack be able to raise the $3,000,000?
Well of course that remains to be seen. But since Jack is one of our “Featured Entrepreneurs” you’ll be able to follow his progress for the duration of this series.
One of Jack’s best tip for other fast-growth entrepreneurs:
Whatever you do … don’t under-fund your venture!
Jack’s favorite Mogul:
Bill Gates!
Jack’s Looniest Moment:
A very smart math PhD tried to connect to a network by simulating modem sounds with his mouth!
So what are you waiting for? Listen to the interview to find out more about Jack Eggert, WeConectIT, and RFID technology!
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