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27 comments
Plastic and metal😂
I think he gave the best advice, he doesn’t know. She doesn’t have an actual product. What wants has been discontinued and it’s probably because the company ran out business, had some kind of defects or there wasn’t enough of a market for it. There’s probably a legit reason why they don’t sell it anymore.
Wow…find someone to help you…what a great idea…. You do realize the people that make 30000 a year. Don't know people they can help them. All they know is other people who were in the same position as they are, They don't know where to find these people how to find these people how to talk to them, And even if they did, most of those people would dismiss them immediately. She's coming to for help. Man Have some empathy to her situation.
BS no-one will help you but only you
Im also trying to start a business but Im wondering if you can get a patent for a product that already exists but with the changes I'd like to make? Also, should you have a patent before going to a manufacture to get your prototype started? If anyone can give their feedback, that would be great! Thanks all!
It’s MAAAAM!!
One of my biggest questions here was why did the company discontinue it?? Were THEY profiting off it? Also because it was already sold she can't get a patent.
I'll do it for half…
So Yael hasረሰኣአችሀድ 0% as to how to turn her idea into a business. Yael take a business course.
The comments section gave more suggestions than Dave! Thank you 🙏🏾
Soon as she said her baby products are mostly to be made of plastic or metal…that’s where I was not interested. Try glass and maybe recycled paper you’ll have many buyers
I really wonder what product this is
Dave, you are not only an expert in finance, but also in questions, suggestions, and working through problems on the fly. I learn as much from you about asking and listening as I do about money. Thank you, and God bless you with continued success in helping others succeed!
This is a great illustration of the wide open opportunity to formulate baby step 1 for starting your own business.
Business Baby Step 1
Take Inventory
(My take away summary note from Dave's and other's talks on the real baby step 1 of creating your own business.)
Lutherangrants ,org helped me with a grant of $30,000 .They are really awesome.
Draft a purchase contract and drum up enough sales to get the product off the ground. My$0.02. Godspeed.
Regardless of what the item is, and who still owns it, it's legal to make changes of the item and make it your own. What you cannot do, is keep the item the exact same way from the original design and sell it. That's where they get you. Example: Cartoon mouse character you create that has NO relation to Mickey Mouse, or Disney. Make the character for books to toys, and sell it.
Now, making Mickey Mouse itself and trying to sell it and make money, definitely NOT legal by any means.
Nobody cares
Expeditetools com helped me financially for my business .I got $40,000 from em.
That didn't help at all.
i work in a manufacturing runing CNC , punch press , metal polishing ,buffing, grinding painting , all what she have to do is draw on a paper the parts plastic and metal and the dimensions , so when she have all that start searching for a manufacturing company
How do you swim with no arms?
Isn't baby manufacturing in the bedroom 😉
Shark tank
Need to do a patent search first.
No, this isn't good advice. First thing you do is see if there is any demand and competition. Just because the product you like isn't made anymore doesn't mean someone else somewhere in the world isn't making it already. Also, "your community" likes it is doesn't mean they actually are wanting to buy it. Do research on all of this first. If there is a lot of demand and the previous, or other companies don't already have patents on it then maybe look into actually making it.
so I just saw this 4 minutes video just that didn't lead to anything?