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Metalworking (rec.crafts.metalworking) Discuss various aspects of working with metal, such as machining, welding, metal joining, screwing, casting, hardening/tempering, blacksmithing/forging, spinning and hammer work, sheet metal work. |
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Getting on with it...
I'm not looking for partners or investors, just discussion. :-)
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#2
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What do you want to discuss?
Harry C. |
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Ben Carter writes:
I'm not looking for partners or investors, just discussion. These pretzels are making me thirsty. |
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"Ben Carter" wrote in message news:61268.141.158.119.73.1108350722.squirrel@141. 158.119.73... I'm not looking for partners or investors, just discussion. :-) Investors are monkeys on your back that are tough to get rid of once you are successful, even when your not they will be expecting results on a time line that you may or may not be able to maintain. Best bet is to sell your idea and then move on to the next. Several smaller ideas sold can make up for one large one not sold. Partners are also a pain in the ass. Some will bleed you dry or won't do any work but will want to reap the benefits if it does take off. Don't get relatives involved as partners either, can create bad feelings when it comes to the money aspect. I know it's negative advise, but look at all the possibilities. Anybody recall of any great inventions coming from somebody's garage or basement workshop in the last, lets say, 10 years? Regards, Bernd |
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Bernd wrote:
"Ben Carter" wrote in message news:61268.141.158.119.73.1108350722.squirrel@141. 158.119.73... I'm not looking for partners or investors, just discussion. :-) Investors are monkeys on your back that are tough to get rid of once you are successful, even when your not they will be expecting results on a time line that you may or may not be able to maintain. There's all kinds of investors. Doctors and dentists with lots of extra money are probably the best. Best bet is to sell your idea and then move on to the next. Several smaller ideas sold can make up for one large one not sold. Partners are also a pain in the ass. Some will bleed you dry or won't do any work but will want to reap the benefits if it does take off. Don't get relatives involved as partners either, can create bad feelings when it comes to the money aspect. I know it's negative advise, but look at all the possibilities. I've had a partner and my wife is general manager. Could not have done it without either of them. You milage will vary. Selling your idea is harder that it looks. At least get it to the working prototype stage and have volume production cost figures. Anybody recall of any great inventions coming from somebody's garage or basement workshop in the last, lets say, 10 years? The Furby. Seriously, that's the only mas-marketed product developed in a garage by a single individual that I can think of. Find a product that will save money for someone that has money. Forget about the mass market. Your ideal customer will buy your product because it saves him alot more money than it costs. He will be happy to buy from you. |
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