Does this go against the commandment of CONTROL?

[ryjohn829]

I’m starting my first fastlane Bussiness, a product based service that solves a certain problem in the chewing gum industry. (I will update my forum with more information on this project soon) I need gum base and we have been trying to make our own for weeks with all kinds of crazy ingredients and it works but it’s disgusting. My partner and I are considering buying the gum base from a company called Glee gum. It seams like it would save us lots of time and trouble. Should we continue our efforts to create it ourselves (that’s been a disaster so far) Does this take control from us? Glee gum let’s people use there product for commercial use but if they were to shit down we could end up going down too. Thoughts? This Bussiness isn’t about having a unique product. We are interested in there gum base because it is all natural. We aim to create a subscription based model where new product shows up at your doors every week/month. So..... are we violating the commandment of CONTROL?

 

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[serge94]

Yeah, I'd say if you depend on them for selling your product, you're definitely violating the commandment of control. If you can source it from other places as well for a good price, then not so much.

 

[MJ DeMarco]

My partner and I are considering buying the gum base from a company called Glee gum.

Are they the ONLY source? If so, then yes. If not, then the issue can be mitigated.

Still, I wouldn't let that stop you -- but it does reflect a "problem area" that you might need to address down the road.

 

[PizzaOnTheRoof]

Go for it full steam ahead. Very unlikely they'll go down by the time you get the flywheel turning.

Once you get enough revenue/profit pour everything into developing your own all-natural gum base.

It's risky, but I'd rather have a wrench thrown into my business with a list of 1,000 customers

 

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[DeletedUser0287]

I’m starting my first fastlane Bussiness, a product based service that solves a certain problem in the chewing gum industry. (I will update my forum with more information on this project soon) I need gum base and we have been trying to make our own for weeks with all kinds of crazy ingredients and it works but it’s disgusting. My partner and I are considering buying the gum base from a company called Glee gum. It seams like it would save us lots of time and trouble. Should we continue our efforts to create it ourselves (that’s been a disaster so far) Does this take control from us? Glee gum let’s people use there product for commercial use but if they were to shit down we could end up going down too. Thoughts? This Bussiness isn’t about having a unique product. We are interested in there gum base because it is all natural. We aim to create a subscription based model where new product shows up at your doors every week/month. So..... are we violating the commandment of CONTROL?

How long have you tried making your gum base? Some things take lots and lots of trial and error. Maybe given up to early? Anyways, if you look at some bigger businesses, they don't even fully abide by commandment of control. Like Nike and Apple. 100% following commandment of control is completely impractical most of the time. I get parts from other businesses, but if I decided to truly make everything myself, I would have to start another company.

For you it would mean growing your own sapodilla trees.

 

[GravyBoat]

I would get started with theirs, cut the time to market. Use whatever you can get quickly. Then in the future, when you're proven the product and are making money, do some Research and Development and bring as much of it in house as possible.

1 supplier for a key ingredient isn't ideal of course. But you can figure that out in the future

 

[Lyinx]

I would get started with theirs, cut the time to market. Use whatever you can get quickly. Then in the future, when you're proven the product and are making money, do some Research and Development and bring as much of it in house as possible.

1 supplier for a key ingredient isn't ideal of course. But you can figure that out in the future

Go for it full steam ahead. Very unlikely they'll go down by the time you get the flywheel turning.

Once you get enough revenue/profit pour everything into developing your own all-natural gum base.

It's risky, but I'd rather have a wrench thrown into my business with a list of 1,000 customers

As PizzaOnTheRoof said, having a wrench in the gears with a 1,000 customers is a LOT easier than with 0 customers. Basically, the more customers you have the bigger the gears are, so a measly little wrench is but a tiny bump

 

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[PizzaOnTheRoof]

As PizzaOnTheRoof said, having a wrench in the gears with a 1,000 customers is a LOT easier than with 0 customers. Basically, the more customers you have the bigger the gears are, so a measly little wrench is but a tiny bump

Exactly. It also gives you leverage.

“My supplier just kaput and I’ve got 500 orders that need to go out next week, what can you do for me?”

“Uh yes Mr. Pizza, we’ll be happy to take a buttload of business from you. Here’s a discount.”

 

[Lyinx]

Exactly. It also gives you leverage.

“My supplier just kaput and I’ve got 500 orders that need to go out next week, what can you do for me?”

“Uh yes Mr. Pizza, we’ll be happy to take a buttload of business from you. Here’s a discount.”

We had a company do that to us this week, they said, and I quote "we started this product using this certain material, sent out promos, and immediately sold 100+ pcs in assorted colors, and then we figured out that we need to upgrade the material involved, can you help?"
Our answer? Yes! Absolutely!