|
|
| Find a Big Problem - Create Solutions |
| Wednesday, November 15, 2006 |
"Do not worry about your difficulties in Mathematics. I can assure you mine are still greater."
-Albert Einstein
The bigger the problems you try to solve the greater the rewards are when you try to solve them. Think about the vacuum cleaner and washing machine. Although cleaning a floor and washing clothes seemed like small problems, they were in fact massive problems, because of the frequency with which the problems occured. The inventor/entrepreneurs who solved these problem made fortunes and created thousands of new opportunities for other business with the activity and process innovaiton that they introduced.
You should always be looking to start your own business even if you have a job. The harder you look the more likely you are to find the business that puts you ver the top. Consider custom manufacturing and visit the sites of custom manufacturers to examine their offerings. If you have an idea for a product that is feasible a good custom manufacturer can make your dreams become a reality.
You have probably noticed that the market for custom manufacturing has increased as products become more sophisticated, more unique, more in demand, or al of the above. There are many niches markets that depend on the custom manufaturing sectr to provide them with the solutions they need to the big problems that entrepreneurs try to resolve.
Despite the constant media attention and public outcry about the decline in US manufacturing, the US remains a manufacturing leader and more importantly is the leading outsourcing manufacturer. A great deal of the profit of overseas businesses does indeed return to the US by way of the American firms that mange ovrseas operations and provide the financing to see that those operations are sufficiently capitalized and connected to provide quality units in a timely manner.
Take a look at www.export.gov and look through some of the listed opportunities and see if you can generate some ideas about how you could fill the order. Then go talk to some people that you know and see if you can assemble the right team to manage the activities for you. There are some companies that will help you manage you import/export operations overseas and work with you to find the manufacturers or service providers you need to make you business competitive. |
posted by Domesticated Dog @ 11:31 PM  |
|
|
|
|
|
