tonyp21
New Contributor
Imagine this.
You are facilitating a discussion with a group of new home business owners (all male) on the “why” people start their own business when you are handed this quote by Les Claypool (American musician and writer)
“In the early days all I hoped was to make a living out of what I did best. But, since there’s no real market for masturbation I had to fall back on my bass playing abilities.”
And, tongue in cheek, asked if "IT" is a possible business opportunity.
Panic. Your gut reaction is to say “obviously not” but some stupid inner voice reminds you that this may be an opportunity to prove how innovative and creative you are, so you reply “well, let’s use the principles of starting a small business and explore the concept”.
Fatal.
After you manage to regain control and finally have the group get a grip on the problem you are sucked into a raucous and directionless 2 hour discussion that explores topics such as:
Would the product (a euphemism for you know what) be offered as a pay to watch or video training course and would the length of the product be important?
Marketing and advertising the product would require a special set of skills.
Demonstrating the product to a boardroom of banking executives in an effort to raise start-up funding could be problematic.
One major concern would be that the company would only have one asset, the equipment, which would probably need constant maintenance and time to recuperate which would interrupt the flow of the product.
Expenditure to cover equipment component costs such as oils and lubricants could be high. Would specialised training be needed to handle the equipment?
One version of the product would bore customers. How many variations could be produced?
The product performance would tend to be inconsistent with slow rise rates and rapid declines – how could this be resolved?
No matter how many hands were applied to the equipment the product content would be the same.
Was their growth potential? Additional staff was a concern as not everyone would have the same skills or techniques.
Was there a market for any by-products?
Recommendation:
Follow your gut and no, playing with yourself is NOT a viable home business opportunity.
You are facilitating a discussion with a group of new home business owners (all male) on the “why” people start their own business when you are handed this quote by Les Claypool (American musician and writer)
“In the early days all I hoped was to make a living out of what I did best. But, since there’s no real market for masturbation I had to fall back on my bass playing abilities.”
And, tongue in cheek, asked if "IT" is a possible business opportunity.
Panic. Your gut reaction is to say “obviously not” but some stupid inner voice reminds you that this may be an opportunity to prove how innovative and creative you are, so you reply “well, let’s use the principles of starting a small business and explore the concept”.
Fatal.
After you manage to regain control and finally have the group get a grip on the problem you are sucked into a raucous and directionless 2 hour discussion that explores topics such as:
Would the product (a euphemism for you know what) be offered as a pay to watch or video training course and would the length of the product be important?
Marketing and advertising the product would require a special set of skills.
Demonstrating the product to a boardroom of banking executives in an effort to raise start-up funding could be problematic.
One major concern would be that the company would only have one asset, the equipment, which would probably need constant maintenance and time to recuperate which would interrupt the flow of the product.
Expenditure to cover equipment component costs such as oils and lubricants could be high. Would specialised training be needed to handle the equipment?
One version of the product would bore customers. How many variations could be produced?
The product performance would tend to be inconsistent with slow rise rates and rapid declines – how could this be resolved?
No matter how many hands were applied to the equipment the product content would be the same.
Was their growth potential? Additional staff was a concern as not everyone would have the same skills or techniques.
Was there a market for any by-products?
Recommendation:
Follow your gut and no, playing with yourself is NOT a viable home business opportunity.
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