Biotechnology - Summary

Here are my highly biased and amateur assessment-cum-summary. Feel free to comment to oppose or agree with me.
BioTechNanoTechRFID
Idea
Viability		Almost all
ideas
controversial
as it involves
modifying
nature
Coming
Soon
Coming
Soon
Talent
Availability		Abundance
of Talent,
but retaining
that talent
can be an
issue
Coming
Soon
Coming
Soon
Funding
Opportunities		Venture
Capital
is hard to
come, due
to long
product
development
times
Coming
Soon
Coming
Soon
Federal
Regulation		Strict
Regulations
and lots
of them
Coming
Soon
Coming
Soon
Return
v/s
Effort		Great
returns
(50%) but
longer
product
development
times (up to
10 years)
Coming
Soon
Coming
Soon
Socio-
Economic
Factors		Social,
Economic
and Political
Factors can
adversely
affect
profitability
especially
in Biotech
Coming
Soon
Coming
Soon

Comments

Post a Comment

Popular posts from this blog

Brainstorming - RFID Discussion

Radio Frequency ID tags or RFID Tags came into limelight when Walmart insisted their suppliers to have them by January 1st 2005. RFIDs have existed for few years and are used as security devices on Music CDs, Games CDs and DVDs and various other areas. There are however many unexplored areas where RFID solutions can be used. We are going to explore some of these areas for potential product and/or services that Businessworks Inc can provide. If we go with RFID based solutions, manufacturing RFIDs will not our goal as it can be prohibitively expensive. Our goal would consist of using RFIDs readily available and building custom solutions and sell it to Government and private organizations. This idea ranks very high in our potential list of technologies. Tomorrow I will discuss Nanotechnology.
Read more

Introduction

This is an experiment about building a dotcom business (on paper) and then making it grow. It will be similar to "paper" stock trading in nature. I will go through the complete process of building a business, right from business structure selection to filing tax returns at the end of the year, in my novice way, stumbling and re-building all the way with the help of my fellow readers. Here is an initial agenda that I would follow in coming days: Organized brainstorming on various business ideas Researching three of those business ideas Selecting and evaluating one of the three business ideas. Be ready for the wild ride...
Read more

20 Questions to ask before starting a business

Starting your own business and becoming an entrepreneur is no easy task. As I said in my previous posts, a would-be entrepreneur need to evaluate himself/herself before actually starting the business. Here is a handy list of questions to ask and answer convincingly and in great detail. 1. What is the product or service? 2. Can I describe the product in three to four sentences? 3. What is the target market for the product or service? 4. Is this product or service practical? feasible? 5. Is there a demand for the product after discounting for existing suppliers? 6. What is the price I can get for the product? 7. What are the qualities that will give me an advantage over other businesses? 8. Where will the business be located? 9. What is the advantage in locating the business in a particular location? Availability of raw material? close to target market? 10. Do I need to consider any zoning or fire regulations or restrictions before opening the business? 11. Is any permit or license neede...
Read more