In article <Bp6dnSqFCeVHwfPVnZ2dnUVZ_r7inZ2d@[EMAIL PROTECTED]
>,
"Wayne Lundberg" <waynelund@[EMAIL PROTECTED]
> wrote:
> I have been active in this newsgroup along with a few others on
> entrepreneur****p, innovation and new business startups only to discover
that
> in the last three to five years no really significant innovation has hit
the
> market. For over five years playing the self employment forum all I have
> seen are resellers starting new businesses - nothing new, just buy from
> China and sell on eBay - or the like.
The climate in the US certainly is different. Consider 100 years ago.
Ford brought a mass produced car to market and the Wright brothers
flew a powered aircraft.
Today, to get a new car to market, you have to meet a ton of government
standards, then do crash testing and EPA certification. All that costs
millions. Even converting an existing world car for the US market is
often cost prohibitive. You are looking at several hundred thousand
dollar R&D investment, then $25K per car or so.
The airplane market is even worse. In order to sell a private
airplane, it has to be type certified. It costs millions to get
certification. It is very unlikely that anyone could sell enough
units to pay back the cost.
Next, we have litigation issues. In the case of the airplane above,
even if someone could afford to get it type certified, as soon as
the first person had some kind of mishap, they would sue you out
of existence.
With those kinds of odds working against you, it is no wonder that
few people bother. For example, the conservatives say that innovation
will solve the oil problem. Well, that may have been true 100 years
ago, but can a person working in a garage today be able to afford to
jump though all the hoops to bring a new engine type or engine
modification to market?
-john-
--
======================================================================
John A. Weeks III 612-720-2854 john@[EMAIL PROTECTED]
Newave Communications http://www.johnweeks.com
======================================================================
|
