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Author Topic: Company considering RC ship expansion - Looking for advice  (Read 7743 times)

WLJayne

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Re: Company considering RC ship expansion - Looking for advice
« Reply #25 on: March 09, 2009, 12:28:06 pm »

Thanks guys you've all been so helpful. BB those are the exact issues which I am wrestling with and thankyou for your advice :-), the issues aren't imossible to overcome but they will make things very difficult. Coming up with a new market or creating something radically new will never be easy, but nothing worth doing ever is eh :-). It is likely that I will spend this year only working on my 1:1250 projects, researching the RC market and hopefully building up enough capital to make a go of it. In the end, even if things flop, I can still look for a day job (like all my friends will be doing after graduating this may) and it looks like the 1:1250 market is still going strong. So, I'm willing to take a few risks, but only very well calculated ones :-).

Don't make the mistake of bypassing the old Farts as they are the one's at the water showing the public RC Modelling
( with a lot of younger farts )  LOL.

Mick, "old fart" is a state of mind ;-), they're generally the picky grumpy ones. I have met wonderful people in the hobby of all ages, and fartyness has nothing to do with the length of one's beard  :-)).

The only way I'm going to know for sure is to do what I did with my first 1:1250 ship. Albeit on a slightly bigger, riskier and more expensive scale. That is, spend some money designing and building one, try to sell 'em and if they sell well then try another. At least that way if it doesn't go well I won't have a massive bank loan to repay and a big empty unit to heat (though the rate my other models are going a small unit is now a must!)

Will.
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Bartapuss

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Re: Company considering RC ship expansion - Looking for advice
« Reply #26 on: March 11, 2009, 11:24:18 am »

If you have started your own business already, sorry for jumping the gun, but I suggest to get and read "Dummies Guide to Starting a Business". Lots of good advice and be carefull when it come to funding by Government schemes, local Council initiatives their not all the cracked up to be.
Also there's a lot of scamming companies which pray on small businesses and catch you out by signing you into verbal contracts for things like "books for schools", "google" and entry onto "yellow pages". When these firms ring you up do not say "yes" to anything or they've got you and send a bill for anything from £300 to £700 and threaten court action if you don't pay up. Just ask "what you selling" and hang up.
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Every time I learn something new, it pushes something old out of my brain - I says wot I likes and I likes wot I say!!!

WLJayne

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Re: Company considering RC ship expansion - Looking for advice
« Reply #27 on: March 11, 2009, 12:40:57 pm »

That bartapuss, those things are still a danger even now that I'm established - you have to be vigilant eh ;-).
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