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Re: Advice sought from Men of the World
From: tmswork@cox.com (Tom S.)
On 2010-07-30 00:06:38 -0700, Buck Turgidson <deppitybob@takethisout_comcast.net> said:Yet he pontificates regularly as if the expert...
Would you like to share the wisdom you know I don't have about business?
....I suppose this is the old I-have-an-idea question everyone's heard (and
I do have ideas), but this one is a little different. I have a product
idea that would be great for a major food company. What I'd like to know
is the route I would have to take to sell it to a company? I sure don't
have the capital to make it a reality on my own. If there's a way to
profit from the idea, though, I'd sell the heck out of it.
Free advice (and worth twice that much! ;):
---They seldom ask the critical questions: what is the market for this (niche, or new market): what would it cost to produce and thus, what would it have to sell for to make it worth the implementation and operational costs? What would people be willing to pay for it? And on, and on, and on...
obPolitical: My experience is that it is largely the far-left that doesn't understand this basic principle of economics, that ideas, themselves, are valuless. I'm half tempted to explain it as part & parcel with the whole "but I'm entitled!" mentality, but I think it goes deeper than that. Or maybe not, what the heck do I know? Still, it's interesting to me that all of my right-leaning friends quickly and natrually grok the whole "I have this great idea that I'm going to build & sell to others" approach but, the further left they lean, the more likely they are to say something like "I have this great idea. Someone should give me a bunch of money then go do all the work to make it happen."
<shrug> That's been my experience, anyway. Maybe 100 or so data points over the course of the years...Mine has been that the left is typically in the management class versus the entrepreneurial class - the political entrepreneurs versus market entrepreneurs.
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