Specialized sewing machines and possibly a CNC machine
Don't even bother if you haven't already sold something. Let alone buying a house for that.
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Free registration at the forum removes this block.Specialized sewing machines and possibly a CNC machine
I understand where you're coming from, but if there's a way to get customers to pay for your equipment, you'll be way ahead of the game.just the cost of starting business.
How would you sell something if you had no prototype? It seems that you tend to promote going into business with absolute zero expenses.
Presell before prototype is terrible idea because if you don't have prototype you don't even know if it is possible. I had to change my design multiple times after "doing." My design is much different than my concept. Pretty much selling unproven concept aka borderline scammer. Hence, why kickstarter requires an actual prototype.
Do you think prototyping is free? That is the general trend I get from your posts. You think you can create value with a total of $0. Have you ever tried a physical product business? "Doing" costs money. It tells me that you have never tried.
Oh Jesus Christ... you're buying a home just to make a prototype? No. No. No. NO.Machine is necessary to make the prototype. Product prototype needs to be made before selling
Do you already have clients/customers for your business venture?
Don't even bother if you haven't already sold something. Let alone buying a house for that.
But if I spend money on the home, I will not have enough money for the machinery. Machines I need are going to run 1k, 3k, and then like 5k. Got a lot of costs coming.
We just want to help.Required for prototyping. It is like a guy trying to rent a home to someone without a home. Some costs are just necessary. Plus these materials and machines are assets. Like I said above, I can prototype a ton.
Why is locking yourself into mortgage payments obviously better than having a separate office space?
Based solely on what you wrote, I don't think that's obvious at all...
How old are you? I mean you're gonna buy a home eventually so it's not like it's gonna be a waste of money.
I mean I don't see why not. As long as you're positive that's the business you want to do and you want a home.
I feel like the answer to this question is: is it a good idea to buy this home even if the business weren't an option.
What kind of equipment is it if you don't mind me asking
Don't even bother if you haven't already sold something. Let alone buying a house for that.
Is running a business out of the home legal in your area, or should I say, the area you might buy a home in? And for heavens sake, don't move to an HOA.
Do you already have clients/customers for your business venture?
Oh Jesus Christ... you're buying a home just to make a prototype? No. No. No. NO.
Outsource the work. Go find somewhere that has a machine shop, (local technical school, perhaps?).. do it at a friends house... Get a company to make it. Get someone with machining skills to make it. Get it 3D printed. Do not buy a home just to make a prototype.
Please do not buy a home just to make a prototype. Please.
So then what's the point of this thread? You want to buy a home so you can run your machinery, but if you buy the home you won't be able to afford the machinery. So I mean there's your answer right there. Just outsource it. Buy a home because you want a home.
Machine is necessary to make the prototype. Product prototype needs to be made before selling
Avoiding HOA like plague. Never though home based business would be illegal anywhere
Yes
Machine is necessary to make the prototype. Product prototype needs to be made before selling
You seemed to have learned nothing from all the time you spent here.
Not gonna waste any more time on this, you probably want to learn it the hard way.
You should bootstrap. Buying expensive stuff and material without even knowing if it will sell is the quickest road to failure.
Selling physical products myself btw.
We just want to help.
I'd imagine most of us made the same mistake, putting the cart before the horse; the "if you build it, they will come". Some folks, myself included, and possibly you, can only learn through failure.
"We are taxed four times by our folly.", Father Abraham. Way to Wealth by Ben Franklin.
Good luck, dude!
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