Quote:
Originally Posted by mutantchicken
my two cents as PURELY an observer is this...
1. u doing with a friend..how well trusted is ur friend, whats is his special skill that he brings to tyhe enterprise, what do u bring (if just money then once he has access to ur miney why not cut u loose)
2 Family member in china, its VERY common for family to cheat family ..again so what special skill do u bring to the enterprise
3 the china market shenzen has been open for 20yrs plus to the west (ie u 20yrs too late) to do well in business u eitehr have to be one of teh first ones to do it opr to develop a way to do thing BETTER/cheaper than existing guys doing the same thing...do u think u have either those two criteria
4 the world is cirrently and continueing to be in a slow down with the usa only now possibly improving that means possibly 5 yrs of slow business do u have sufficient capital to weather the storm?
Anyway without further information not really possible to make full and proper assessment
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1. grew up together and despite all these, when we have any down. He is always there regardless of emotional or finance.
2. i have some connections in china myself.
3. i cant comment for now. no answer to that
4. right now we are doing in a small scale and we already have a client base.
I perceive that we have a high turnover as our products are of small
quantity. In regards to the money issue, i will be holding onto the funds.
The only one big reason i am looking at is higher capital so that we do not
have to head to our source that frequently.