Almost a year has passed doing research, I decided to go the next step.
I found a US based fabric manufacturer to buy most of my materials and contacted them for price quotes.
Got a unique brand name that is available for trademark.
And now, purchased fabrics to make my prototypes.
Once I make my prototypes and purchase my trademark, I will purchase a business lisence.
Since all this is taking so long due to a shoestring budget, my products won't be ready till 2012.
For many years I have thought of starting a business and I personally thought my ideas were great, but a few problems arose.
First problem was lack of capital. A lot of... actually, ALL of my ideas required a ridiculous amount of money. One idea was to create a drag strip for race enthusiast` but that required at least $300k. So, moving on to the next idea.
After so many ideas, I finally realized an everyday problem I have been dealing. I took my idea to the internet and did a month of research. I searched far and wide to see if there were similar products to my idea. Only catching 2 products that is the closest to my idea, were lacking many different qualities that I will soon provide.
1st step: Find an idea that can solve a problem.
2nd step: Research that market and see if there is competition.
