General
There are so many problems in the world today. Yet, nobody has found a holistic answer to solve these problems. When we look at the pyramid of needs, everyone is united in the longing to have their existence secured. Company building is remarkably similar as it is the basis to generate wealth, security, shelter, jobs and other necessities. The Factor-Y system is not about pointing out problems, but solutions. It is vital to point out that united together we can achieve so much more. To do so, we need a new company building system which eliminates the reasons why companies fail. Selfishness and ego are driving everything, and we need to change that. We need to deploy products, services, and technologies faster with a way smaller default rate and create more success stories.
The Factor-Y has completely reassembled the entire company building system. We have to start somewhere, which is why in this first step we are focusing on market-ready hardware products and will, in time, add software and idea stage projects and work towards a system where every fruitful idea will have a chance to succeed.
Our mission is to fulfill the 17 SDG (Sustainable Development Goals) and eliminate the problems they represent.
Our vision is to create a system where everyone has advantages and where honesty, collaboration and other values are supported, rather than being misused. We want to help as many people as possible with The Factor-Y so that everyone has a chance and hope to realize their idea. We want to move away from the known country by country approach to company building and realize a global mass-deployment approach. There are over 2 billion people completely left out of the innovation sector, as they do not have access to R&D, funding, networks, etc. To make the world a better place, we need everyone to be able to engage and contribute for a new global super-holistic system.
The current system does not work and is tailor made for power plays and misuse of trust, which leads to more destruction rather than impact. We must lift the potential to solve problems. It is important to step away from pretending to have values to execute your values, without the slightest chance that trust, and honesty are misused.
Everyone wants to have shelter, food and wealth covered for themselves, which all are the lowest layer of the demand pyramid. Billions of people do not have these because awful things happen. Everyone desires security and upside.
Procedures and new formulas alone do not help. Humans and their behaviors are the cause of the top 20 reasons why companies fail. Money, selfishness, ego, and greed are considered powerful tools, which have not changed since the days of the Roman Empire. It is time for a new mindset and a change of behavior. United, everybody has more and is more efficient. If you have a fair and transparent payout system defined in advance, where everyone knows exactly what they will get, it is a powerful tool. Everyone can focus on their core competencies.
It sounds this way because it truly can solve many problems that people have been dealing with, not only with company creation, but in personal lives as well with our new mindset. We have counted around 27 USP’s, but we believe that there are even more! The biggest point that one needs to understand is that it is simply different. It is not more complicated, but it can require some time for everyone to get their heads wrapped around this new approach.
If you are accountable and hold your word, you become more predictable. This results in a more precise future and the luck and hope in company building turns into pre-planned precisionsuccess. As an example, imagine there are 20 people involved in a project. Let us say the person in charge of the product delays his deliverables and does not communicate this problem or tries to find a solution alone. This results in the whole project being delayed, more costs are generated, reputation goes down, stress levels increase, and problems begin to form. Most cases this results in ultimate failure.
On the other hand, if everyone holds their word, does not overpromise, and speaks up, there is a clear predicable future, and everything becomes much more efficient. If you eliminate ego, you are producing a purely competence-driven organization and the focus goes into core matters. The Factor-Y’s approach is more precise, faster, and more efficient. We are not limited to 1option or company, but to many companies, which allows us to distribute responsibilities and matters to the right people.
Please find the overview of the differences here:
View
We took everything step by step and believe everything is linked to human behavior.
For example, we have automated funding, so you do not have issues with financing anymore. We have access to some of the best fundraisers on the spot and changed traditional round financing with our milestone-based financing. This approach decreases greed as everyone knows what they will get and increases accountability as we control and deploy capital as certain milestones are achieved.
We cannot do everything at once and must take this step by step. The first portfolio is all about proving the system as fast as possible. This is why we are looking for ready-for-market product sand services, which can be deployed quickly, globally, and do not require R&D time. What drives company valuations are contracts and orders, in short, net present values.
Later portfolios will be open for software and idea stage projects.
Some thoughts behind TFY
This is because this is the system that people are used to. They usually do not have the proper reflection, so they are not used to honesty, and it is commonly misused. Everyone desires honesty, but our current system does not value it. For example, we require that everyone states their weaknesses so we can compensate for them in other ways to keep everything precise and efficient.
Isn’t that strange? You want to have security and upside if you do a proper job, but because of elbowing and politics, you ultimately have less for everyone. This decreases efficiency, earning potential and payout. It is the mission of The Factor-Y to teach people that there is an alternative, a new and better way to interact.
For example, take a complex Swiss watch with its five hundred pieces with the goal to always show the precise time and compare it to company building. Which piece of the watch do you think is the most important? Correct– every piece is equally important, as all pieces are needed to function in a group without ego to deliver at the proper time. If some parts decide not to function properly or go against the united goal, a problem arises, and the time is off. If too many pieces decide to do this, you can go ahead and buy a new watch or in this example, file for insolvency, as your watch will not work and will be broken.
Our new approach shows a different way. You have more if you are accountable and communicate.
We believe in a system where everyone is honest and communicates so transparency is easy and natural. This communication aids transparency and keeps everyone accountable, so each part is moving forward as designed in our standardization.
Empathy is even worse than honesty. People think they show empathy, but they do not. Why are 800 million people starving every day and no one seems to care enough to solve this issue? Selfishness. What if this is turned around and people get more? We need real empathy, which is what we are implementing with our new system.
The innovation's impact is key, not the humans behind it, and people must get used to this. The innovation is the star, and the goal is to deploy impactful innovations rapidly in every country where it is needed.
Partner
The program is limited to 100 partners. Each partner group has a specific package with value adds. For example, we know that every innovator is not the best entrepreneur, so a lot of innovations are wasting away in the drawer. This is a new way to shift the risk to The Factor-Y and let us handle everything from company set up, distribution through the exit.
In terms of advantages:
You have a competitive advantage against other universities. You can offer The Factor-Y to your students, researchers, alumni, and partners as a new way to monetize IP and standardize the impact up to 20x faster.
Solution on how to bring a product as fast as possible to the market, where it is needed most
You have a standardized exit model
You have a consistent payout in a short matter of time
This is the first standardized company building model and there are some differences to regular behavior. For example, it is not possible to negotiate an individual deal, as this will slow down the process, so please be fast and precise with your decision-making. This is why we have defined every step and standardized all documents and agreements. This way everybody will know what they will get and what to expect. Processes are different, as we do not mail or call. Everything is managed through a central communication system.
New rules apply. Communication is centrally organized, everything is pre-thought through and standardized, and the application process is simplified via the homepage.
It is important to manage the inflow in the beginning to maximize the best outcome. We need fast and precise support, so whoever provides this from the chosen partners will reap the most benefits.
No, there are no costs attached to the partnership. The worst-case scenario is that if we approve the IP and take it in, but do not find a market demand, the IP goes back to the owner with an additional $100,000 with no strings attached!
Yes, of course, if it solves one of the SDG dilemmas, we encourage you to hand the IP in.
Because we must prove the process as fast as possible, after which we will extend the scope and add R&D and idea stage projects.
The minimum payout for you is $100,000 if there is no market demand. If there is market demand, you get your fair non-dilutive 25% equity stake.
As fast as possible. We try to make it as easy as possible for you to decide. We try to make the contracts simple, but precise, so you can feel comfortable and make a fast decision.
We have partners from the patent law side, so we will do everything we can to protect your IP. Either way, it is a better solution than if you must do this by yourself with this added expense and try to figure it all out.
Innovator
We aim to get back to you within a maximum time of 4 weeks. During the first application process, we limit the applications to 5000 IP’s. We are continuously extending the team, as we are aiming to shorten the period from 4 weeks to 2 weeks for the applicant to receive an answer.
As mentioned, the worst-case scenario is that there is no market demand, and you receive $100,000. For products, we expect 2 years to exit, for technologies 3 years and for high-impact projects, 4 years. If there is a market demand, the IP holder gets a 25% non-dilutive exit stake from the beginning.
We have partners from the patent law side, so we will do everything we can to protect your IP. Either way, it is a better solution than if you have to do this by yourself with this added expense and trying to figure it all out.
Unfortunately, not. If we are held accountable for everything, then we also need to be in charge of the execution and operations. If we build 1000 companies, we simply cannot handle ideas and suggestions from 1000 IP holders.
Because we put our word that we are accountable for everything, and we also expect accountability. This would cause us to lose our reputation, which is why it is so important that you inform yourself and finalize your decision before we sign our contracts and start the process.
The program is limited to 100 partners. Each partner group has a specific package with value adds. For example, we know that every innovator is not the best entrepreneur, so a lot of innovations are wasting away in the drawer. This is a new way to shift the risk to The Factor-Yand let us handle everything from company set up, distribution through the exit.
In terms of advantages:
You have a competitive advantage against other universities. You can offer The Factor-Yto your students, researchers, alumni, and partners as a new way to monetize IP andstandardize the impact up to 20x faster
Solution on how to bring a product as fast as possible to the market, where it is needed most
You have a standardized exit model
You have a consistent payout in a short matter of time
This is the first standardized company building model and there are some differences to regular behavior. For example, it is not possible to negotiate an individual deal, as this will slow down the process, so please be fast and precise with your decision-making. This is why we have defined every step and standardized all documents and agreements. This way everybody will know what they will get and what to expect. Processes are different, as we do not mail or call. Everything is managed through a central communication system.
New rules apply. Communication is centrally organized, everything is pre-thought through and standardized, and the application process is simplified via the homepage.
It is important to manage the inflow in the beginning to maximize the best outcome. We need fast and precise support, so whoever provides this from the chosen partners will reap the most benefits.
No, there are no costs attached to the partnership. The worst-case scenario is that if we approve the IP and take it in, but do not find a market demand, the IP goes back to the owner with an additional $100,000 with no strings attached!
Yes, of course, if it solves one of the SDG dilemmas, we encourage you to hand the IP in.
Because we must prove the process as fast as possible, after which we will extend the scope and add R&D and idea stage projects.
The minimum payout for you is $100,000 if there is no market demand. If there is market demand, you get your fair non-dilutive 25% equity stake.
As fast as possible. We try to make it as easy as possible for you to decide. We try to make the contracts simple, but precise, so you can feel comfortable and make a fast decision.
We have partners from the patent law side, so we will do everything we can to protect your IP. Either way, it is a better solution than if you must do this by yourself with this added expense and try to figure it all out.
