Current Situation Analysis
Ivanhoe's Concerns
Worried about Edutouch and future relations following DeonS's resignation. Seeking stability and continuity in their learning management solutions.
Outstanding Deliverables
Tablet solution development needs completion to secure final payment and provide project closure for Edutouch.
Galaxy LMS Limitations
On-premise only, difficult to market, years away from online capability. Customized for Ivanplats but not market-competitive.
Key Stakeholders:
Ivanhoe/Ivanplats Lappies DeonS (Support) DB (Development) Lynda (Edutouch)Proposed Strategy
New Company Formation
Establish new business entity to take over Ivanplats relationship, ensuring clean slate and restored confidence.
Contractor Network
Contract DeonS for ongoing support and DB for development work, maintaining expertise while building new revenue streams.
Focus on Tablet Solutions
Primary income source moving forward, as Galaxy development is complete and market entry remains challenging.
Finish tablet solution for final payment
Form new entity with expert guidance
Take over Ivanplats account management
Focus on tablet solutions and support services
Transition Plan for Lynda/Edutouch
Business Restructuring
Close Edutouch and other companies (except Chemqua) to eliminate burden and obligations.
Focus on Core Strengths
Retain Chemqua for continued income generation with Mel's assistance, leveraging existing expertise.
Personal Life Balance
Consider property downsizing and estate closure to reduce administrative burden and enable life enjoyment.
🛡️ Risk Mitigation
Reputation Management: New company addresses Edutouch reputation concerns while maintaining continuity of service and relationships.
📊 Success Metrics
Key Indicators: Ivanhoe confidence restored, final payments received, new company operational, reduced administrative burden for Lynda.
Financial Impact Analysis
Short-term (0-6 months)
• Complete tablet solution payment
• Setup costs for new company
• Edutouch closure expenses
Medium-term (6-18 months)
• New company revenue from tablet solutions
• Contractor payments to DeonS/DB
• Reduced overhead from closures
Long-term (18+ months)
• Established client relationship
• Potential for service expansion
• Simplified business structure
Meeting Preparation & Action Items
🔴 High Priority
Prepare transition timeline - Detail specific dates for deliverable completion and company formation
🔴 High Priority
Contractor agreements - Outline terms for DeonS support and DB development work
🟡 Medium Priority
Financial projections - Show potential revenue streams and cost structure for new entity
🟡 Medium Priority
Service continuity plan - Demonstrate seamless transition for Ivanhoe operations
🟢 Low Priority
Long-term roadmap - Vision for expanding tablet solution market presence
🟢 Low Priority
Backup contingencies - Alternative approaches if primary strategy faces obstacles
💡 Meeting Key Messages
For Ivanhoe: "We're committed to continuity and excellence. This transition eliminates previous concerns while strengthening our partnership through dedicated focus and new business structure."
For Lynda: "This strategy provides closure for Edutouch obligations while positioning you for a simplified, focused future with Chemqua and personal well-being."