I've read through some of you're postings, though not all. It seems as if you have a genuine desire to build a great business. Although, I'm wondering about you're idea. Aren't RFID tags only for short-range communication? If you are still on the transportation tracking, I'm not sure RFID tags would work, unless they have a large power source, which would make them equivalent to a radio tower. GPS would work for this, but I would ask around and see if it already exists, who your major competition is.at December 15, 2004 10:38 PM
But you are right, RFID is hot right now, its a great buzzword to throw at investors to make them want more. But another great word is biotech, or healthcare… huge markets. Maybe you have already written you're business plan, but a way to get investors excited and a way to meet a growing market need, is to use RFID in healthcare. Tracking/locating supplies, tracking patient movement, checking to see if anything is left inside a patient, etc. There are a million ways RFID tags can be used, and seeing as healthcare/biotech is the biggest and hottest market right now, maybe you'd have a good chance there. Either way, investors love RFID and they also love healthcare.