• Welcome to Elio Owners! Join today, registration is easy!

    You can register using your Google, Facebook, or Twitter account, just click here.

Elio Crowdfunding

Ekh

Ekh

Elio Addict
Joined
May 2, 2014
Messages
3,794
Reaction score
9,525
Location
Loveland OH
JEBar said:
they did as promised .... announced production date set for last quarter of 2016
Click to expand...
I once published an article in Association of Quality and Participation Journal about goals, milestones, toll gates, and waypoints. Last quarter of 2016 is a goal, and nebulous at that. A timeline has waypoints, at the very least, and should have milestones as well. In EM's case, a milestone would be "driving the P5 on a public highway." Another might be "completed agreements with suppliers so that the vehicle is 100% sourced and costed."

Waypoints are just that, markers as you pass from A to X. "Vehicle E-12 assembled" would be a possible waypoint. "All participants in Crowdfunding campaign contacted" would be another, while a milestone might be "$25 million goal reached 12/1/15."

Toll gates for EM are such things as: workers to be hired by 12/1/16. No workers = no production, so it's a toll gate -- you have to go through it to get where you're going. File SEC app revisions is another toll gate.

Gosh, I haven't thought about this stuff in years. All these concepts are REALLY REALLY HELPFUL in any kind of operational planning. You have to know where you're going, your route to get there, toll gates you have to go through (and in which order), and how you measure progress (milestones and waypoints).

Elio hasn't shared ANY of these things with us. Frankly, I question whether they even think this way for anything other than engineering questions. But then, they're not obliged to share these sorts of nuts and bolts with us, and I can see why they'd be reluctant to do so.

But if you want to build confidence in your investors, you lay all this stuff out on a good big chart and say "dates are subject to change" in big type right across the front. Dwight Eisenhower, who masterminded the invasion of France (Operation Overlord) famously said, "plans are useless, but planning's essential." I hope EM is doing the planning, and doing it the right way. It would be neat if they shared it with us, but people just don't realize that even the most meticulous plans have to have some flex built into them, because we live in a changing, fluid, uncontrolled world -- and shit's gonna happen.
 

Attachments

  • Milestones Offprint.pdf
    18.1 KB · Views: 178
Last edited:
Ekh

Ekh

Elio Addict
Joined
May 2, 2014
Messages
3,794
Reaction score
9,525
Location
Loveland OH
LillyMayPatterson #1685 & #5648 said:
OH THESE THREADS NEED CLEANED. IT IS REALLY HARD TO FOLLOW.
Click to expand...
You're right. We do wander. Maybe we need a thread called "bitching because we don't know every detail of what Elio's going to do and when they're going to do it." Problem being, of course, that ELIO doesn't know exactly what they're going to do and when. Broad strokes yes, detailed plans, not so much. Because of money. Which brings us back to Crowdfunding, the actual topic of this thread.

My head aches.
 
Johnny Acree

Johnny Acree

Elio Addict
Joined
May 12, 2014
Messages
1,530
Reaction score
2,573
I think Paul touched on the subject of transparences in the fireside talk.
EM has to be very careful about what it says. In this case "it" is anyone inside EM.
The SEC takes a very dim view of any inside info being given to only a few outside people. If any info is released it must be made available to everybody, or at least be made easy to get. Remember Martha Stewart.
EM simply can't say any thing about the future.

Am I correct?
 
Johnny Acree

Johnny Acree

Elio Addict
Joined
May 12, 2014
Messages
1,530
Reaction score
2,573
slinches said:
Speaking of the crowdfunding initiative. Did anyone else get a strange "test" email from startengine?
Click to expand...
It's like when a speaker is about to speak. He approaches the podium and adjust the mic, then takes his finger and tap tap tap the mic, then he will say check check check, then he might say can ya'll hear me OK?
 
You must log in or register to reply here.
Top Bottom