Quote:
Originally Posted by engadin
Starting is hard, really hard for a 'standard' start-up these days. And if you add the current entrepeneurial environment, with unreachable bank credit, it becomes harder, even.
But if you are introducing a worldwide new product, with the compulsory patents involved - you don't want to work for free for your potential competitors, big companies that can kick you out of the market in a couple months if you don't protect yourself - it's a burning hell. Twice a burning hell as Paccus has 2 patents on their products. The patent costs are outrageously high, as current Hawk price ;o). It's like the water drop torture: every month your patent agent will send you an email telling you about another over 2.000 euros payment or more for several yeras. And you CANNOT FORESEE the total amount of that worldwide patent costs because it depends on each and every country patent offices. What is OK and 'cheap' in Japan, may become a nightmare to get the patent for in Australia. Every patent office is likely to think different about your claims. And that means $$$$$$$$$$$$.
A real nightmare. I can tell.
Engadin.
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You know why most start-ups die? Because their burn rate is way too high.
With the product Paccus offers I wouldn't worry too much about Chinese copies*, they sell a high end product made in Europe for niche market.
I would guess this market is good for a high 3digit number p.a., world wide...
*For two reasons:
- cannot sell enough items
- product is too complicated to set up a cheap production run
patents: If Chinese want to copy you - they will, protection of intellectual property does not exist in China.
05-13-2011, 04:10 PM
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