He didn't quit his day job: starting out as a side business, TechnikOne is on the growth track. (Making It).When Martin J. McNeese took the entrepreneurial plunge in 1998, he did what many other aspiring as·pire intr.v. as·pired, as·pir·ing, as·pires 1. To have a great ambition or ultimate goal; desire strongly: aspired to stardom. 2. business owners do: He scraped together the cash he needed to get started and began moonlighting moonlighting Physician income An Americanism, for working at a 2nd job after regular working hrs–ie, 'by moonlight'. See Libby Zion, Medical school debt, 405 Regulations. . All told, he shelled out $1,200 for the tools necessary for a Website developing firm: a personal computer, books on hypertext markup language (hypertext, World-Wide Web, standard) Hypertext Markup Language - (HTML) A hypertext document format used on the World-Wide Web. HTML is built on top of SGML. "Tags" are embedded in the text. A tag consists of a "<", a "directive" (in lower case), zero or more parameters and a ">". (HTML HTML in full HyperText Markup Language Markup language derived from SGML that is used to prepare hypertext documents. Relatively easy for nonprogrammers to master, HTML is the language used for documents on the World Wide Web. ), a programming language, and image-editing software. Now, TechnikOne is a growing business with $260,000 in sales for 2001. For 2002, McNeese expects his three-man operation to gross roughly $380,000 thanks to clients such as IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , 3M Corp., Brown University, and Universal Records. But this did not come without burning the midnight oil. When the firm was in its infancy, McNeese worked a 9 to 5 as an accountant while devoting his remaining hours to the business, which he ran out of his home. As a result, he routinely stayed up past 3 a.m. "Working two jobs, 17 to 18 hours a day for nearly 18 months, was tough. I forfeited for·feit n. 1. Something surrendered or subject to surrender as punishment for a crime, an offense, an error, or a breach of contract. 2. Games a. my social life and other activities that were not directly related to graphic design and entrepreneurship and focused solely on establishing TechnikOne's foundation," recalls McNeese. "My life consisted of work and sleep. Literally." Despite the long hours, McNeese, 27, kept his eye on the prize: a piece of the e-services industry pie. This is a growing sector that's expected to grow from $300 billion in 2001 to more than $457 billion by 2005, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Kennedy Information Research Group in Peterborough, New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E). , a firm that monitors the professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. sector. "Whatever it took to get TechnikOne off the ground, even maintaining a demanding daytime job, I was doing it, no second thoughts." TechnikOne got its start designing Websites and creating brand identities for nonprofit organizations Nonprofit Organization An association that is given tax-free status. Donations to a non-profit organization are often tax deductible as well. Notes: Examples of non-profit organizations are charities, hospitals and schools. , but after two years McNeese was itching itching or pruritus Stimulation of nerve endings in the skin, usually incited by histamine, that evokes a desire to scratch. It is often transient and easily relieved. Pathological itching with skin changes usually signals dermatologic disease. to get a piece of larger projects from bigger clients and needed some additional business savvy in his corner. In 1999, he brought in a partner, L. Kareem Geiger, a 29-year-old network engineer. The two met while McNeese was giving a presentation on a Website he had developed for an organization. Impressed with McNeese's work, Geiger joined the company. Duties are now split between the two: McNeese handles the creative and technical aspects of the agency, while Geiger, who is now managing partner and operations executive, concentrates on business development-client relations. Their first course of action was to make friends with larger, established Web-design agencies, then study those firms' successful methodologies and strategies. According to Geiger, finding mentors wasn't difficult. Unlike the larger firms, which chase $5 million to $10 million projects, TechnikOne targets $40,000 to $100,000 projects for middle-market and Global 1,000 firms--a target market chosen because such projects are large enough to boost the company's financials while helping it rack up recognizable, name-brand clients. Through mentoring, they learned business strategies and received instruction on development, marketing, and advertising. One useful bit of advice they received was to contract out work rather than hire full-time employees because of the volatility of the industry at the time. "We watched many firms our size getting in over their heads and closing up shop because of high overhead," Geiger explains. Thanks to those lessons learned and the growing industry, McNeese expects sales to increase primarily through slow, controlled growth. "We want to grow our client numbers, but we don't want to take on more work than we can handle," says McNeese, who continues to work with his mentors to hone and refine his company's vision. "We're going to be around for a while because we have the best mentors, clients, and team members on our side." TechnikOne, 611 Templeton Ave., Suite 109, Charlotte, NC 28203; 704-343-9280; www.technikone.com |
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