I am hoping for a little help with what to do next. But first let me give a little back ground about my self. I did a little introduction in the lurker thread that was started a few months back. Here is a quick recap; I have ten years experience in the pharmacuital/biopharma industry as a mechanical designer. MJ wrote something in that thread that I have been thinking hard about for the last few months. He said I have the fastest fastlane available and that was inventing. Well because of what MJ wrote I did what he said and for the last three weeks I lived at my computer every spare minute I had. I came up with a solution to a problem I have come across and everyone else has also. I first started with pen and paper and now I have designed up the solid model and all the detail drawings to have a prototype made up. I have even gone as far to run the model through CFD (Computational fluid dynamics) program to make sure the air flow is right on it.
My question is what do I do after the prototype is made? Let me explain; I know I need a product line. Right now there will only be two products but there is a few different variations of it.
a. Where does that money come from for the product line?
b. Do I try to get a business loan?
c. Should I not get a business loan and use my home equity?
d. I need to market it, where does that money come from, the same as above?
e. Do I cost out how much it will take to make ten per say and start there?
I can come up with the prototype money after a few weeks and I have a friend that can do the website with no cost to me. I need to add my product line to my website. Do I use real pictures for the website hence the product line or do I even need a real product line and save that money and use my 3D solid models on the website instead?
I would also like to know if this is the fast lane direction I want to be going in or is there another way do it? I have no business experience so this is why I am so lost. If anyone cant point me in the right direction it will help me out a lot. If there is any part of this that needs to be clarified please let me know.
Thanks.
Thanks.
My question is what do I do after the prototype is made? Let me explain; I know I need a product line. Right now there will only be two products but there is a few different variations of it.
a. Where does that money come from for the product line?
b. Do I try to get a business loan?
c. Should I not get a business loan and use my home equity?
d. I need to market it, where does that money come from, the same as above?
e. Do I cost out how much it will take to make ten per say and start there?
I can come up with the prototype money after a few weeks and I have a friend that can do the website with no cost to me. I need to add my product line to my website. Do I use real pictures for the website hence the product line or do I even need a real product line and save that money and use my 3D solid models on the website instead?
I would also like to know if this is the fast lane direction I want to be going in or is there another way do it? I have no business experience so this is why I am so lost. If anyone cant point me in the right direction it will help me out a lot. If there is any part of this that needs to be clarified please let me know.
Thanks.
Thanks.
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