You really love Mr Edison eh?
A friend of mine is hatching a plan (he's an inactive CEan here
) with me to start a small engineering business either right after graduation or some time after. What we plan to do is:
1. Research background on the product/service
2. Research the existing local market for these
3. Research the process needed to start partnership (application for business licenses, SME funds, etc)
4. Prepare business plan
Notice that product research is before market research. Usually you'd try finding a market gap first right? Well, we've already honed in on an area thats relatively new in engineering that me and my friend already share an interest in, so needs a lot of research on this aspect. We have already started the research.
Would really appreciate some additional pointers!
