Realigning expectationsHi all,
This is Brad Loiselle, CEO betterU. I have not in the past gotten involved in these types of blogs because I just do not have the time and do not want to entertain the gossip and naysayers. After these blogs were brought to my attention by some of our shareholders, I decided to investigate more comments here and from another blogging group called CEO.ca. I do want to address the misconceptions and work to align people’s expectations to the reality of our business and our purpose.
There are many opinions, assumptions and false statements I do see here, so it is important to realize that if the news has not come directly from betterU, it is not factually and I would reply on it. I suggest that people do their own due diligence on us, on me and my leadership in order to truly understand the type of company and people we are.
While I could never ease the naysayers fully, I am hoping that you and they will see I do take my business seriously and I am protective of my personal credibility and those who have invested in our company.
betterU has been building infrastructure / operations, global education and employment partnerships, solid global team and leadership, professional board members, market visibility and credibility and much more. If you also take the time to check out my past, look at my articles I have written on linkedin, the book I have written (Keep Moving 4ward), watch the videos of my talks around the world and truly understand why we have been building betterU, you will see our value. Solving one of the world largest problems (education for mass populations) is not a simple task, yet after 5 years of effort we are closer then ever!
In regards to the $100M we are working on, there have been unfortunate delays with timelines that were perhaps a little too optimistic. We are also eagerly waiting to finalize as we have a lot of plans and people in place ready to support our growth. I do understand though that these things do take time and in business, delays do happen. Building a business is one of the hardest things to do as there are many moving parts to align with a vision that typically no one has done before. Having built many companies myself, I have experienced in these areas. It can be frustrating so I can sympathize with you, but at the end of the day, business is business and we are still moving ahead. We are not waiting for the funds to close in order to continue forward with our goals. We are still closing deals, building global partnerships and focused on our vision to solve this problem. When the funds do arrive, it will accelerate our efforts significantly.
Lastly, many people in business do focus on revenue as their first priority as it is the lifeline for most businesses. The reality is that we are not like most businesses. Again, if you do your due diligence to understand what we are building, you will see that to build a really big company in the shortest possible time, with limited resources, focus needs to be on building unique value with barriers, not revenue. Revenue will come when you put in place all the right ingredients and we are on the right track to this. This type of thinking requires patience, vision and ability to make it happen. Again, review my articles as there is one that talks about how to build a billion-dollar company vs a million dollar one.
While we can never guarantee success, we are very focused as a united global team, vested and committed to make betterU a global success. For those who are supporters, thank you! For those who are not, hopefully one day you will change your view of us.
All the best,
Brad