Community spotlight: Faster Planet, July 27,
2005
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| Karen
Quincy Loberg / Star staff "We help companies grow," said Jeff Baugher, 31, left, CEO, with Dan Spencer, 37, president, of their network and technology consulting firm Faster Planet in Thousand Oaks. |
Owners: Dan Spencer and Jeff Baugher
Type of product or service:
Information technology consulting firm
Date established: July 2004
Telephone: 1-866-553-2783 or 1-866-55-FASTER
E-mail: Info@FasterPlanet.com
Web site: http://www.FasterPlanet.com
Employees: Four
Start-up capital: $40,000
Estimated gross revenues: $300,000
Questions addressed to Jeff Baugher, CEO:
Why did you decide to start your own business?
I have always been looking for a company that helped people use technology
wisely. There are many different business models that can make money fast
or sell products better, but I've never seen one that was truly based
on client satisfaction. History shows us that the get rich attitude can
definitely pay off, but only in the short term. I want to build a business
that will last, and giving the customers reliable, cost effective solutions
is the only foundation that will support us for the long haul. I quickly
realized that to do this, I would need to start it from scratch.
What was your background before you started your business?
I studied at the University of California at Berkeley in a cognitive
science major with an emphasis in artificial intelligence. I worked as
an independent contractor for various different companies after school,
including at a sheriff's office, Amgen Inc. and a local consulting firm.
My partner also is a technician who has been working with computers for
years. He, however, has a tremendous amount of experience running and
starting small businesses. We have a unique combination of skills that
allows us to look at problem from all angles.
What do you consider unique about your business? Our philosophy
on how computers should be run. Computers can fit into a small business
without being the typical unstable and unreliable wreck that people feel
chained to. The more we move our clients toward our standard working environment,
by definition, they don't need us as much. We have a tendency to work
ourselves out of our clients. It may seem to be a flaw in our plan, but
so far there is no end in sight of broken computer systems we can work
on.
What business courses or advice have you found to be most valuable
in getting your business off the ground and keeping it going?
Practical experience with running computers in a working environment is
the only way to know how to support computers. We have read the manuals
and taken the classes that hardware and software vendors want you to take.
We've always found them to be lacking. Vendors are concerned about sales
and nothing more. Our philosophy is to align our interests with the client
and figure out what's best for him. As a result the most valuable asset
we've found is our clients. Our business is entirely based on referrals
and this we take to be a sort of business karma.
What were the biggest hurdles you overcame?
Finding the right employees. Not only do our engineers need to have a
well-rounded technical knowledge, but more importantly, they must be professional
and good communicators. They need to be able to talk with clients that
know little to nothing about computers and infrastructure design.
Who is your target client/customer base?
Our ideal client sizes are companies from 25 to 300 employees. We do handle
specialized projects at larger companies and occasionally will get clients
that are very small. I like to provide a road map to clients that contains
all the expenses and benefits that come with it. This puts the power back
into their hands to make an informed decision. In general, the clients
that like the road map are a good fit for us. It sounds simplistic, but
we aren't in the business of selling a product, we sell a service and
that means the clients perceived value is key. A hard sell would just
backlash on us at some point in the future.
What is your strategy to increase market share?
I've started a marketing plan to expand our business and take control
of the flow of work. We've tried various different media with varying
success. We've found most decision makers somewhat wary of advertising.
The technology field has been inundated with advertisements that have
claimed to be the next new thing. You only have to get burned once or
twice before you stop believing the next computer ad.
What kind of competition does your business face?
We've rarely bumped into our competition when going after work. Most consulting
companies are going after the more lucrative contracts at large corporations.
There is interesting new growth in the residential support market that
may start putting some pressure on us soon as they expand into our niche.
