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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Ben Carter
 
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Default Getting on with it...

I'm not looking for partners or investors, just discussion. :-)

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What do you want to discuss?

Harry C.

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Richard J Kinch
 
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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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Bernd
 
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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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Jim Stewart
 
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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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