Your own small business based on an invention
This site provides information, tips and trics on how to earn money with a small business which is based on an invention or a business idea. Many people have brilliant business ideas or, being an inventor, spend many hours working on the technical realization of their invention. They dream of their onw small business and making money with their idea. The realization of your own small business! Being a business owner and entrepreneur. No boss, more freedom, more money and creative control are the main arguments. However, in practice, only a few stop dreaming and take the first steps, become an entrepreneur and start their own small business. Remember, every great company originates from that first action of an entrepreneur with a great business idea. See for instance the little garage of Hewlett Packard below, where it all started.
This site provides information on how to start your own small business with a focus on inventions and knowledge based business ideas. It will provide you with the necessary background knowledge to take the first steps from an idea towards a mature business model. There are many websites about starting a company. However, it is much more difficult to find a conceptual framework which helps you to find your way from the idea to the market when you have an invention and litlle money. This holds true in particular when you have no background in finance. How should you find seed capital or are there any subsidies available? And what is also an important question: what is the value of my invention? What's it worth? With these information and concepts is it will be easier to raise the money to start your own small business.
Start your own small business based on an invention or a business idea
Starting a small business is quite simple. It takes just a little time to complete all the paperwork necessary to start a company. It will cost you at most a few days. However, in practice, starting up a successful business is a complex process with a lot of pitfalls along the road. You will have to think about many things and take numerous decisions. It is even more complicated when you are thinking of starting up a small business based on an invention, a new business idea or your technological knowledge. It often turns out that for an entrepreneur with a great idea or an invention it is difficult to get a complete picture of what exactly should be done to be successful. Furthermore, it is not clear what the sequence of actions is to raise the money that you need.
Odyssey
With a lot of questions in mind, the fresh entrepreneur starts an odyssey along various public officers, consultants, many more consultants, funding agencies, patent lawyers, potential investors, accountants and so on. Along the way the picture becomes more and more blurred because these mostly very helpful advisers can (or will) tell you only a part of the story due to the fact that they all have their own interests. This site will provide you with useful and interesting information on every conceivable topic related to starting up a small business which is based on an invention or a good idea. Although still modest in size, it is the the aim to expand this site with a range of topics from which the challenge and the fun of starting your business will show. Each company (and website) starts with an idea. Therefore, lets start at the beginning and regard your invention as an investor. That will help you to shape up your ideas.
History of Hewlett-Packard
Even Hewlett-Pakckard started as a very small company in this rented garage (1939). This is considered
as the origin of Silicon Valley.