Making a business from ideas

By DeAnn Rossetti

  • Monday, November 24, 2008 8:03pm
  • Business

By DeAnn Rossetti

If you’re like most people, you’ve had an idea for a business bubbling around in your head for years, and haven’t gotten around to doing anything about it.

David Gallimore, a 1980 Mercer Island High School graduate, started his business, Ventura Consulting, on the premise that there are many great business ideas and innovations out there going to waste. He has a way to screen business ideas and innovations for the budding entrepreneur that shows them the business’ strengths and potential weaknesses, and how to morph the weaknesses into income-producing strengths.

“I’m working with a Mercer Island doctor now who has been toying with a business idea for three years, and is frustrated with how to proceed,” said Gallimore. “I’m helping him develop an opportunity assessment, doing market validation to define his business plan and basically deciding whether there’s a business there or not.”

Gallimore, who has a bachelor of science degree from Yale in applied mathematics with a minor in English and a master’s degree in human performance and technology from the University of Washington, said he derived inspiration to get involved in solving business problems creatively from professor C.P. Snow.

“C.P. Snow was a physicist and a humanitarian from Cambridge University who wrote the Leeds lectures on the two cultures of scientists and humanists not talking to each other,” said Gallimore. “I was committed to being the guy who would connect the two worlds, which is what inspired me to do math and English, and what inspired my new company.”

Gallmore’s idea was to have a company that would help individuals and organizations grow through innovation. He’s worked with six start-up companies to assess ideas to see if any of them could be turned into new businesses inside a company or to start new companies.

There are four main areas that Gallimore works in. The first is with individuals or small companies to find if their business ideas are viable. The second is developing business plans and finding funding by licensing research and development information. The third is working with universities to help create entrepreneurship programs to help graduates and undergraduates start their own businesses. Finally, the firm offers corporate venturing, helping larger organizations grow through taking employees ideas and wrapping business plans around them.

“Most people don’t know why their business fails, they get frustrated and lose part of themselves,” Gallimore said. “We evaluate the viability of the idea for a few thousand dollars and save the participant from launching an unworkable idea.”

Gallimore charges $200 per hour for his services as a consultant, which provides all of his acumen and experience with Boeing, IBM, Wall Date and Fourgen Software. He’s also a been a trainer and member of the Center for Ethical Leadership in Seattle for many years.

“I love to apply math to solve real world problems,” said Gallimore. “I’m really a mutt when you look at my background, but this is the first job where it all comes together.”

David Gallimore can be reached at Ventura Consulting at 720-489-7755.


In consideration of how we voice our opinions in the modern world, we’ve closed comments on our websites. We value the opinions of our readers and we encourage you to keep the conversation going.

Please feel free to share your story tips by emailing editor@mi-reporter.com.

To share your opinion for publication, submit a letter through our website https://www.mi-reporter.com/submit-letter/. Include your name, address and daytime phone number. (We’ll only publish your name and hometown.) We reserve the right to edit letters, but if you keep yours to 300 words or less, we won’t ask you to shorten it.

More in Business

Robert Toomey, CFA/CFP, is Vice President of Research for S. R. Schill & Associates on Mercer Island.
How financial planners address plan uncertainty | Guest column

One of the key challenges we face as financial planners is dealing… Continue reading

Mixologist and general manager of Civility & Unrest, Joe Dietrich (photo by Cameron Sheppard)
If you want a regular cocktail, go somewhere else

Master mixologist Joe Dietrich is elevating cocktail culture at Bellevue’s Civility & Unrest.

Robert Toomey, CFA/CFP, is Vice President of Research for S. R. Schill & Associates on Mercer Island.
Is cryptocurrency really an investment? | Guest column

Undoubtedly you have heard about the new form of money known as… Continue reading

Front bar at Bellevue’s Civility & Unrest (courtesy of Civility & Unrest)
Two of James Beard Award-winning chef Jason Wilson’s restaurants to reopen in October

The Lakehouse plans to reopen Oct. 12 and Civility & Unrest reopens Oct. 14.

Stock photo
Grocery store workers have right to wear Black Lives Matter buttons

National Labor Relations Board ruling against ban by Kroger-owned QFC, Fred Meyer

t
Island HI FI president discusses National Black Business Month

“Being out here, like, I’m a unicorn. You don’t see that many Black people,” said Mercer Island business owner.

Big Island Poke in Renton (courtesy of The Intentionalist Facebook page)
Small-business advocacy group wants you to try minority-owned businesses and put it on their tab

The Intentionalist is opening up $400 tabs for folks to use this weekend at select businesses.

File photo
The Mercer Island Chamber of Commerce and surrounding businesses in downtown Mercer Island.
Islanders react to mask-free life as things return to normal

Business owners on Mercer Island are also excited to see customers return in greater numbers.

Eastside King County restaurant owners discuss challenges with U.S. Rep Suzan DelBene at Pomegranate Bistro in Redmond. (Photo credit: Cameron Sheppard/Sound Publishing)
Restaurant owners discuss labor difficulties with U.S Rep. Suzan DelBene

Experienced service and kitchen staff are reportedly hard to hire as food service reopens.

From left to right: Craig Wright, Mark Wright and Chris Wright, all co-founders of Wright Brothers Farms. Screenshot courtesy of Wright Brothers Farms
‘We view ourselves as temporary stewards of the soil’

Mercer Island brothers run family’s organic vegetable farm.

Dave and Buster's restaurant and entertainment venue looks to hire 130 people to staff its Bellevue venue, set to open in August. Photo courtesy Dave and Busters.
Dave and Buster’s hiring 130 for August opening in Bellevue

Dave and Buster’s restaurant and entertainment venue opens in downtown Bellevue on… Continue reading

Images of dishes from Issaquah’s Umi Cafe posted on the SMORS page. (Photo courtesy of Kristen Ho)
Facebook page promotes minority-owned restaurants across Puget Sound region

Miya Nazzaro used to be a member of Facebook pages that were… Continue reading