Economic model · Financial Modeling

Where to find the ideal Economist/Think Tank to create a formula in a big industry?

Mark Sendo Founder, CEO, Forbes Contributor, Conference Speaker, TechCrunch featured story twice

September 1st, 2015

In the past 6 months, I spent researching, bugging others, developing and closing the holes for my next start up.  I filed for the IP and I wanted to ask the group that with one hole left, for some ideas/thoughts to help close that remaining hole.  

I must develop a fomula/model much like the recent Baseball Formula that created the new stats OPS but for an entirely different, even larger industry.  I am confident once the formula is complete, funding/team is on standby for execution. 

John Sweet Business Strategy, Technology and Innovation

September 1st, 2015

Mark,

Among other places, I would turn to my alma mater and see if any of the business school faculty might want to engage with me on exploring the topic. There is an art to engaging with academic scholars to find a good match, but you can do it.  And the faculty may also be able to refer you to other experts.  

You're a University of Michigan grad -- and I'm sure that someone at the Ross School of Business will have the microeconomics expertise you're looking for.

John

Robert H Lee

September 1st, 2015

If you're working in eSports, let me know.  I have a lot of contacts/experience there.

Amos Addae Sales and Marketing Professional and Customer Service Agent

September 2nd, 2015

Hello Mark, 

I have read through your post and have thought of it as well. What I deduce is, you need a model and not necessarily a formula ( although they can be used interchangeably). Kindly fall on scholars or your alma mater as John suggested.

Mark Sendo Founder, CEO, Forbes Contributor, Conference Speaker, TechCrunch featured story twice

September 2nd, 2015

i was thinking of something similar to the following? which is more a formula no? how would you think a model might work? https://en.wikipedia.org/wiki/On-base_plus_slugging

Jon Lunsford Advisor at Centerpost Holdings

September 2nd, 2015

I understand thatbut what are you trying to predict and what are the variables. Youll need to play around with and backtest the variables. Perhaps you already have. Have you defined the variables and their predictive usefulness yet? I would think youd need a formula first, and to arrive at such I think wed need to model some different versions. Does that make sense? Jon Lunsford 9702 Gayton Rd Suite 245 Richmond, VA 23238 804-357-2615 jon.w.lunsford@gmail.com www.linkedin.com/in/jonlunsford/

Mark Sendo Founder, CEO, Forbes Contributor, Conference Speaker, TechCrunch featured story twice

September 2nd, 2015

although we filed via USPTO to protect our IP, i am reluctant to share too much in an open forum. You touched on a key point for my entire idea, what are the variable rather, measurable s?? We will seek measurable s furnished by the company itself, for guidance. the key is to first identify the various measurable, seek to find the answers, plus answers into some formula, create a ranking/scale for the formula answer. Sounds simple enough, so we are working our way towards defining the variable/measure. mark