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<p>[QUOTE="EasyE418, post: 2251826, member: 74518"]Sully,</p><p><br /></p><p><i>"<b>we have to make a business that ultizes new technology</b>."</i></p><p><br /></p><p>Is this getting graded on feasibility or profitability? Payback period for investors? Intial funding?</p><p><br /></p><p>I wouldn't call this a business, yet a hobby. One that I believe is ROI negative even if you work for free.</p><p><br /></p><p>The big hang ups I see are</p><p>1. Where are you going to get inventory? Your inventory is leveraged on your relationship with local banks who get shipments from the US Mint or other banking instituions I guess.</p><p>2. Do you have proprietary technology that creates a competitive advantage for your business to survive?</p><p>3. You cannot afford to hire anybody because you are going to make such little profit.</p><p>etc,etc,etc, too many problems to list.</p><p><br /></p><p>These hangs up can cause your business to disappear in a blink of an eye. I could be overthinking this, but its the MBA in me.</p><p><br /></p><p>Side question, are you invovled in sports and/or clubs? Just curious, you seem to be a bright kid.[/QUOTE]</p><p><br /></p>
[QUOTE="EasyE418, post: 2251826, member: 74518"]Sully, [I]"[B]we have to make a business that ultizes new technology[/B]."[/I] Is this getting graded on feasibility or profitability? Payback period for investors? Intial funding? I wouldn't call this a business, yet a hobby. One that I believe is ROI negative even if you work for free. The big hang ups I see are 1. Where are you going to get inventory? Your inventory is leveraged on your relationship with local banks who get shipments from the US Mint or other banking instituions I guess. 2. Do you have proprietary technology that creates a competitive advantage for your business to survive? 3. You cannot afford to hire anybody because you are going to make such little profit. etc,etc,etc, too many problems to list. These hangs up can cause your business to disappear in a blink of an eye. I could be overthinking this, but its the MBA in me. Side question, are you invovled in sports and/or clubs? Just curious, you seem to be a bright kid.[/QUOTE]
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