Nov 25, 2006

Start up or Buy out?

I think I just invented something.

or at least innovated on a design...

nah. I think I just invented something.

Hint:

It could be a hit in the Philippines and South Easst asia and even Europe.

So-so in the US.

Korea and Japan would not have a need for it.

...and I'm being careful not to give too many hints because it might give away my secret.

hehe

My question is this:


If you have a simple invention (design) that you think has a great potential of capturing a huge market, and you have no experience in production, marketing or distribution, would you venture a start up or would you sell your idea/ invention to a known and trusted company?

What are the factors considered?

How about in the long run? Short run?

I have posted the same question on Pinoy Exchange . com


Whew, glad to let some of it off my chest

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