My plan (needs advice) I have questions!
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Jan 13th, 2010, 10:39 PM
#1 (permalink)
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Ok guys. This is really the first time I have actually written down my plans.
I know the formula (process) to a product that is absolutely dominant in its market.
The product is a headlight restoration kit. I am looking to keep it a "trade secret".
Although their are patented headlight restoration processes, I don't think this process infringes on any patents.
I have added up all of my money, and all I really have right now is about 1.1K

Keep in mind that I'm only 18 : ) Ok, no more excuses.
--My basic goal is to start my own company and warehouse that will produce my product, and then sell bulk individual kits to a larger company.
One problem with this is I don't know where to start. Do I just call up a store like Autozone and ask to meet with a representative? I really hope you guys have advice, because I have 6 days free and want to tear the fast lane up!!!
- I now need to throw a demo kit together and demonstrate how it works to potential business partners.
- I need to find potential business partners. I guess I'll start with cold calls and e-mails.
With the limited money I have, I only really have enough money to travel to a few big company headquarters.
Also, with my limited money I can't produce an individual sample kit that is already packaged to show them what the final product would look like. Do I need to do this?
Also, I have savings bonds and other assets I could access that would give me around 1.5K if ABSOLUTELY necessary.
Do I need to get a business license before I start trying to get potential business partners?
Also, I'm thinking if I do get a contract with a company, I will try to work a deal with them to front me some of the money.
Sorry, I have a hard time organizing my thoughts.
Any advise/questions/answers are greatly encouraged!!!!