Friday, July 29, 2005

A Proud Father - My Son Tim's Latest Enterprise

Many of you know that I have four remarkable sons of whom I am enormously proud. Tim, the third in birth order, has been living in Eastern Europe this past year - teaching English in Poland, writing, performing as a keyboard player with a band that toured Turkey recently, and developing as an entrepreneur. Tim's knowledge of the music scene in Eastern and Central Europe has led him to launch a new business - an on-line service and website devoted to promoting Live Music in the Central-East or "Middle Europe". I am pleased to share with you Tim's announcement of the launching of this new Website:

To Future Partners and Friends of MEMusik,

It is my great pleasure to announce the launch of Middle Europe Musik (www.memusik.net). MEMusik is a website devoted to promoting Live Music in the Central-East or "Middle Europe". The Beta version of MEMusik is devoted to five countries and nine cities in this region: Poland (Warsaw, Krakow, Katowice), Czech Republic (Prague, Brno, Pilzen), Slovakia(Bratislava), Hungary (Budapest) and Slovenia (Ljubljana). For those of you who are yet unfamiliar with this project, MEMusik has been an idea and business plan that I have been nurturing and developing for several years. And unlike most web-based start-ups, MEMusik has no immediate competitors and furthermore, there are very few sites on the Internet in general, which MEMusik could be easily compared to.

In the early stages of any business, small or large, the most fundamental question has to be: 'is there a potential market for my product?' It took me about two years of serious research on both sides of the Atlantic to finally reach the conclusion that not only is there a market for MEMusik but there is actually a high demand for such a service in this part of the world. Although much of my research has consisted of various market analyses, (compiling data such as percentage of English speakers in each target city, tracking and comparing the growth of different sectors of the tourist industry in each country and region)the most overwhelmingly convincing data is that which I have collected while actually living and working in Poland over the last eight months.

As a journalist and more recently the Director of Advertising for the largest English language magazine in Krakow (www.krakoutonline.com), I have had lengthy discussions with Music Club owners, Hostel and Hotel owners, and caches of tourists ranging from broke backpackers to crack stockbrokers, regarding the overarching philosophy, financial feasibility, and growth potential of MEMusik. This type of researchwas not only vital in helping me develop the site, bu thas proved extremely advantageous from a financial perspective because I have already started to parlay my rapport with Clubs, Hostels, and Restaurants in Krakow, into the first wave of advertising contracts.

The greatest challenge now that we have officially launched the website, is to generate as much traffic and advertising interest as quickly as possible. This is where I need your help. I encourage you to explore as much of the web site as possible. (www.memusik.net) Please let me know what you think and if you have any suggestions. If you do like the idea of the site, please tell as many people as you can about the site, through email, word of mouth, anything. Although the site is specific to Central Europe, there is a lot of information and links tomusic in this part of the world that we feel any fan of music or traveling will be interested in.

Finally, because MEMusik is a small business we are looking for some small investors to help us get off the ground as quickly and smoothly as possible. If you like the idea and philosophy of MEMusik, please consider taking a financial interest in the Business. We are not looking for any large sums of money and we are open to discuss a number of short and long term investment scenarios.

Please contact me at tchase@memusik.net if you want further information about investing in MEMusik.

Thank you very much for your time and attention. I hope that at the very least you enjoy the website and perhaps learn a little about the Musik and Cities of Middle Europe. I would also like to thank those of you who have helped me develop and build the conceptof MEMusik over the last few years. Take care and I hope to hear from you soon.

Sincerely,

Timothy Chase
Administrative Director of MEMusik
Ul. Mala 1/19
Krakow, Poland 31-103
tchase@memusik.net

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Please forward this posting to anyone you know who loves music, has an interest in Central Europe, or who wants to encourage a young entrepreneur. As you are able, please visit the Website and spread the word.

Thanks.

Al

1 comment:

Mark said...

Apparently your resourcefulness and talent was passed to your sons!