It would make a lot more sense to invest your time, skills and money into something that is both in demand and relatively easy to manufacture. Boosting a cell phone signal is very complex from a technological standpoint even for an advanced engineer so you are essentially hiring for senior management. You offer to trade your skills in logistics for this person(s) service but who is willing to take that chance if they already make 100,000 a year? I don't see much indication in this thread for a serious business plan which you are also expecting them to come up with at least in part.

I'm an entrepreneur myself so don't take this personally. The trouble with good ideas is they are nearly impossible to implement. If you are determined to pursue this idea, you need to step up what you are willing to offer in the form of a presentation or proposal. From what I've seen, you are looking for what I call the 80-20 "Partnership" arrangement: I do 80% of the (real) work and you keep 80% of the profits. The problem is of course determining the value of what we each bring to the table which I seriously call into question.

I value my time at over $800 an hour. A partner would make well over $100,000 a year. I could pay $50,000 to have the first unit designed and go from there but feel it would be more appropriate to offer a partnership if anyone is interested. These are terms to be discussed with an interested party.

 

I value my time at over $800 an hour. A partner would make well over $100,000 a year. I could pay $50,000 to have the first unit designed and go from there but feel it would be more appropriate to offer a partnership if anyone is interested. These are terms to be discussed with an interested party.

It would make a lot more sense to invest your time, skills and money into something that is both in demand and relatively easy to manufacture. Boosting a cell phone signal is very complex from a technological standpoint even for an advanced engineer so you are essentially hiring for senior management. You offer to trade your skills in logistics for this person(s) service but who is willing to take that chance if they already make 100,000 a year? I don't see much indication in this thread for a serious business plan which you are also expecting them to come up with at least in part.

I'm an entrepreneur myself so don't take this personally. The trouble with good ideas is they are nearly impossible to implement. If you are determined to pursue this idea, you need to step up what you are willing to offer in the form of a presentation or proposal. From what I've seen, you are looking for what I call the 80-20 "Partnership" arrangement: I do 80% of the (real) work and you keep 80% of the profits. The problem is of course determining the value of what we each bring to the table which I seriously call into question.

 

Just what are you looking for @Jeremyw700 ?
Are you looking for some one to design test and provide a unit that has the needed approvals ?
Are you looking at selling only in us , or other countries ?
What sort of production run size are you gearing up for ?
What sort of time to market are you expecting ?
What sort of distribution and sales system have you set up?
What patent searching have you paid for ?

 

I have already sourced these products from foreign manufacturers and plan to create a successful business with or without making the product ourselves in the US. The percentage wo

Just what are you looking for @Jeremyw700 ?
Are you looking for some one to design test and provide a unit that has the needed approvals ?
Are you looking at selling only in us , or other countries ?
What sort of production run size are you gearing up for ?
What sort of time to market are you expecting ?
What sort of distribution and sales system have you set up?
What patent searching have you paid for ?

Are you looking for some one to design test and provide a unit that has the needed approvals ? Yes. I will source any necessary components.

Are you looking at selling only in us , or other countries ? Only in the US

What sort of production run size are you gearing up for ? Initially 2000 depending on cost of components.

What sort of time to market are you expecting ? 12-18 months.

What sort of distribution and sales system have you set up? We would mainly be selling online.

What patent searching have you paid for ? This would be dependent on product design.

 

I value my time at over $800 an hour. A partner would make well over $100,000 a year. I could pay $50,000 to have the first unit designed and go from there but feel it would be more appropriate to offer a partnership if anyone is interested. These are terms to be discussed with an interested party.

Maybe that's fair but I still think you underestimate the electronics market for this technology. To realistically do what want to do in full compliance with the law will probably be in the hundreds of thousands of dollars just getting started. I can imagine lawyer fees out the wazoo for one thing and inspections and fines for non-compliance which are sure to come up.

Wireless technology is still in it's infancy as a science because there is so much to it. The only companies that put out reliable signal boosters are the companies that make core technology themselves or who have locked in contracts with hundreds of coordinated staff members with decades of experience.

In your case, your forced to base your design on someone else's already working technology which will be obsolete in no time. The big companies are constantly pumping out new and updated hardware, firmware and software which you'll have to keep a close eye on just to maintain compatibility. Unless you are loaded with cash, you'll go broke long before you make a million in sales.

 

Maybe that's fair but I still think you underestimate the electronics market for this technology. To realistically do what want to do in full compliance with the law will probably be in the hundreds of thousands of dollars just getting started. I can imagine lawyer fees out the wazoo for one thing and inspections and fines for non-compliance which are sure to come up.

Wireless technology is still in it's infancy as a science because there is so much to it. The only companies that put out reliable signal boosters are the companies that make core technology themselves or who have locked in contracts with hundreds of coordinated staff members with decades of experience.

In your case, your forced to base your design on someone else's already working technology which will be obsolete in no time. The big companies are constantly pumping out new and updated hardware, firmware and software which you'll have to keep a close eye on just to maintain compatibility. Unless you are loaded with cash, you'll go broke long before you make a million in sales.

We will go to market with or without manufacturing ourselves within 18 months. I have already sourced these from manufacturers and have a marketing plan setup. Honestly once we have in house design we can leverage that knowledge to negotiate cheaper prices with existing manufacturers until we are ready for production. Not sure why people are replying so much about the feasibility or my current financial position without any actual interest.

 

I have already sourced these products from foreign manufacturers and plan to create a successful business with or without making the product ourselves in the US. The percentage wo

Are you looking for some one to design test and provide a unit that has the needed approvals ? Yes. I will source any necessary components.

Are you looking at selling only in us , or other countries ? Only in the US

What sort of production run size are you gearing up for ? Initially 2000 depending on cost of components.

What sort of time to market are you expecting ? 12-18 months.

What sort of distribution and sales system have you set up? We would mainly be selling online.

What patent searching have you paid for ? This would be dependent on product design.

So design and first buolc is around 180 to 250 days at around 1200 dollars per day,
On top of that , you will need to add around 40k dollars for test equipment rental,
20k to cover reqipuired travel
And costs of external approvals agency , depending on just what rf bands, power source, safety , add around 80 k dollars us.
Patents are of two types, specific circuits and concepts may be rf repeaters. You need to allow for searches on the concepts before you move forward. If you wait till you have a product, then search, if you find you are I breach, then as a minimum, you need to re design. This would not be covered in the design process.
You will need to design a case, and the required approvals, add another 100k dollars for a basic plastic enclosure design and first 2000 units ,
Then you have to allow for distribution , sales ,promotions, boxing, documentation, !
Do you have that sort of money around to invest up front ?
What sort of price do you want to sell to the public at ?
What sort of rough specification do you have ?
Rf bands
Box size
Power source
Inside or outside
Have you see here
https://uk.pcmag.com/modems-hotspots/129037/the-best-cell-phone-signal-boosters-for-2020

 

I have already sourced these from manufacturers and have a marketing plan setup. Honestly once we have in house design we can leverage that knowledge to negotiate cheaper prices

I don't see how you can already have sourced the parts before you even have the design done. Can you explain please? Seems like putting the cart before the horse.

 

We will go to market with or without manufacturing ourselves within 18 months. I have already sourced these from manufacturers and have a marketing plan setup. Honestly once we have in house design we can leverage that knowledge to negotiate cheaper prices with existing manufacturers until we are ready for production. Not sure why people are replying so much about the feasibility or my current financial position without any actual interest.

I'm sure people are interested but you haven't presented a tenable business plan. You also seem to reveal details on a need to know basis which I don't care for. That's not a good foundation for trust especially with strangers on the internet.

 

I'm sure people are interested but you haven't presented a tenable business plan. You also seem to reveal details on a need to know basis which I don't care for. That's not a good foundation for trust especially with strangers on the internet.

I am sure an interested party might not wish to reveal their partnership details or future business plans to everyone on the internet, thus I am waiting for such person to contact me so we can discuss details in person.

I hope this relieves your concerns and refill fills your trust in the internet Mr George Constanza

 

I don't see how you can already have sourced the parts before you even have the design done. Can you explain please? Seems like putting the cart before the horse.

I have sourced the entire unit from existing manufacturers of these devices.

 

What patent searching have you paid for ? This would be dependent on product design.

So you're going to invest in a design, and THEN do a patent search? What happens when you find you're infringing on someone's patent?

Maybe your MBA degree left out some important points....which are being made here.

 

So you're going to invest in a design, and THEN do a patent search? What happens when you find you're infringing on someone's patent?

Maybe your MBA degree left out some important points....which are being made here.

I know my business better than you. Why are you arguing these points if you have no knowledge or interest in this field or offer?

 

So design and first buolc is around 180 to 250 days at around 1200 dollars per day,
On top of that , you will need to add around 40k dollars for test equipment rental,
20k to cover reqipuired travel
And costs of external approvals agency , depending on just what rf bands, power source, safety , add around 80 k dollars us.
Patents are of two types, specific circuits and concepts may be rf repeaters. You need to allow for searches on the concepts before you move forward. If you wait till you have a product, then search, if you find you are I breach, then as a minimum, you need to re design. This would not be covered in the design process.
You will need to design a case, and the required approvals, add another 100k dollars for a basic plastic enclosure design and first 2000 units ,
Then you have to allow for distribution , sales ,promotions, boxing, documentation, !
Do you have that sort of money around to invest up front ?
What sort of price do you want to sell to the public at ?
What sort of rough specification do you have ?
Rf bands
Box size
Power source
Inside or outside
Have you see here
https://uk.pcmag.com/modems-hotspots/129037/the-best-cell-phone-signal-boosters-for-2020

100k for a basic plastic enclosure? I have designed plastic enclosures before myself in a few hours. It costs less than a thousand for a die or mold fee and your cost from there on is simply a margin over the going rate per kilo of ABS plastic. You must be that guy that charged the air force $500k for a toilet, can I hire you to be on my marketing team?

 

Also from my experience, desire to succeed overpowers experience in business. We can learn what it necessary.

Venture capital statistics say 8 of 10 startups fail within 3 years, 1 of the 10 will break even with no payoff for the investors and 1 of the 10 will be a home run with 10 times return on investment or more. So from my experience "desire to succeed" is almost irrelevant. A sound business plan and deep understanding of the market are better predictors of success.

 

Why are you arguing these points if you have no knowledge or interest in this field or offer?

Your ASSumption that I have no experience in product design, knowledge in the field or any experience with patents is based on what exactly?

As they say, advice is only good when it's what you want to hear. If a large number of people with a huge range of experience fail to recognize the brilliance of your idea and see problems....perhaps ALL of them are wrong? I think not.

 

Venture capital statistics say 8 of 10 startups fail within 3 years, 1 of the 10 will break even with no payoff for the investors and 1 of the 10 will be a home run with 10 times return on investment or more. So from my experience "desire to succeed" is almost irrelevant. A sound business plan and deep understanding of the market are better predictors of success.

I started my first online business when I was 14. I have been marketing for 20 years with a proven track record. I have done my research. I assume electrical designs based on existing technology is not as creative and requires time and determination more than anything.

 

can I hire you to be on my marketing team?

I doubt anyone who reads this thread would consider working for you in any capacity.

 

I started my first online business when I was 14. I have been this for 20 years. I have done my research.

Marketing does takes skill not guaranteed for everyone but programming and electronica

I started my first online business when I was 14. I have been marketing for 20 years with a proven track record. I have done my research.

design and based on rules and math which should only require determination. termination

Your ASSumption that I have no experience in product design, knowledge in the field or any experience with patents is based on what exactly?

As they say, advice is only good when it's what you want to hear. If a large number of people with a huge range of experience fail to recognize the brilliance of your idea and see problems....perhaps ALL of them are wrong? I think not.

So are you interested in the partnership and would like to talk further on the phone then or are you just here to “help” explain every possible problem that you are unable to fix. If one person owned the patent to all cell phone receiving technology, he would probably be the richest man in the world. If patents are required, they can be licensed. To be honest though, the components are readily available and the actual circuit board design could be eliminated by using other existing components and programming software.

 

Marketing does takes skill not guaranteed for everyone but programming and electronica
design and based on rules and math which should only require determination. termination