founding concepts

Everywhere we go, we find inefficiency. Products are not durable enough to last a lifetime. Manufacturers seem not to care about their consumer. e-lab is designed to be a friendly, waste-free company.

founding concepts

• efficiency: efficient design, operation, etc.
• transparency/honesty: efficiency means revealing our simple corporate structure.
• humanity: humanity means human and approachable design
• friendly: friendly indicates that our products and company should be friendly and approachable

corporate structure:

• chairman: appointed every 2 years by employee vote, gets 110% times employee salary as income.
• managers: report to chairman on progress of employee, highly specialized in topic, highly approachable, gets 105% of employee salary
• employees: people who work with the managers (managers and the chairman are considered working employees) to create products. standard employee salary.
• all other jobs are automated or paid relatively highly.

budgeting:

• 30-50% of revenue goes to R&D (depending on economic situation)
• 10-30% goes to employee pay
• 0-20% goes to management
• remainder goes to marketing