As competition for Chinese tech manufacturers rises in Southeast Asia, some firms are trying to stay ahead of the curve by seeking out new startups on the ground floor.
Bloomberg reports that factories such as Jetta Company Ltd in Guangzhou are seeking out entrepreneurs and building out prototypes and test batches of new products to test the market.
Paul Travers of New York-based Vuzix told Bloomberg that “the [venture capital] structure has given manufacturers a model of investment…Investing also ensures future business.”
So many investors are obsessed with the next great tech start-up. But how many of those ventures are really going to go anywhere? 10%? Why put your money in something that may never work, might get leapfrogged by some other technology, and then, most likely, is going to be obsolete in a few years?
The answer is education. Education ventures are boring but they are solid, steady investments. I have an education program that has only 1 competitor in the world. The Baby-Brain English program is a unique, 100% original English program for babies and toddlers. The only competitor has locations in over 40 countries. I spent 3 years making the program with babies and have refined the system and techniques. Unfortunately, although I am a great designer of educational programs, I am not a businessman. The program now needs a business person with experience in franchise development.
Contact Dr. Cornell if interested in knowing more.
http://www.MySunflowerBaby.com