Bootstrapping a multi-national business


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Thread: Bootstrapping a multi-national business

  1. #1
    Registered Pleine's Avatar
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    Lightbulb Bootstrapping a multi-national business

    I imagine I am not alone wanting to make some pocket-money from my CNC mill. So I came up with this small idea, hoping for your ideas and (cough!) maybe even participation.


    With the internet, all business can go global. But this has some inherent issues: Language first of all. Shipping costs. Customs duties. Delivery time. Customer confidence. Regional preferences or regulations ...

    Now what if a couple of people here would team up to develop some products together and build a market or serve a niche. But everyone in his own country and his own language only.

    We could build a product portfolio rather rapidly by distributing the efforts. Brainstorm marketing ideas. Share suppliers. Discuss the business side. Generate new products.


    For exemple, I have been thinking about making magic trick supplies and proposing individual making services to magicians. I am not naive enough to believe that I could serve the american Market (I am in France, Europe), but someone else can. And even if the magician from Germany would find me, he would prefer the same product from a german supplier.

    Instead of competing in a niche you can't conquer anyway, what about collaboration for a (hopefully) joint bigger benefit?

    Am I naive? Additional ideas? Some devils advocates here?

    Pleine


    PS: The magician exemple is just that, an exemple. I am not particularly attached to any niche.

    Similar Threads:
    Lathe: Hobbymat MD65, Mill: Sieg SX2, Mill: Taig CNC MiniMill, Hammers: many


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    Default Re: Bootstrapping a multi-national business

    Count me in. I am in Kosova, Europe and i have plenty of experience/resourses/languages/work force/etc etc .
    Tom



  3. #3
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    Default Re: Bootstrapping a multi-national business

    Tom, great! I'll get in touch via PM to get things going.

    Still very open to hear opinion and thoughts from the rest of the gang!

    Pleine

    - - - Updated - - -

    Tom, great! I'll get in touch via PM to get things going.

    Still very open to hear opinion and thoughts from the rest of the gang!

    Pleine

    Lathe: Hobbymat MD65, Mill: Sieg SX2, Mill: Taig CNC MiniMill, Hammers: many


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Bootstrapping a multi-national business

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