Today's Entrepreneur is Kirk Knight, CEO and Founder of mileME, which is a productivity app for hands-free mileage logging. An average driver could add over $2,000 in after-tax income by automatically logging miles. mileME checks velocity. When you’re moving mileME takes a location fix. When you stop mileME takes a destination fix to automatically create a trip log.
mileME is one of the top 15 finalist to present at Splash Oakland on May 6-7. Be sure to support Knight and mileME. Register here.
Here's a look at his entrepreneurial background:
Co-inventor of 2 issued patents, a few others pending or abandoned.
I see many problems. I enjoy solving problems. I'm impatient and tire of waiting for someone else to do it. We bring together a team of smart people to solve the problems.
The time and effort it takes to raise capital is number one. The solution is finding ways to bootstrap into revenue while keeping burn rate low.
Most rewarding is that I've been fortunate to meet some of the seminal founders of Silicon Valley, work with them and other brilliant people.
1) It's an ultra-marathon, there is no finish line.
2) Who you know is more important than what you know.
3) Remain paranoid. You can never know too much because your competitors already know.