How do I find the right partner for my idea? I am shipping manager for the third largest online supplier of ingredients for ahhh... let's say... brownies. (It's not brownies but I don't want to give my niche away.) So, I can get all the ingredients for any "brownie" recipe at wholesale cost and have the ingredients put together into a kit for an extra 10% of the costs. This is a huge niche with hundreds of dedicated sites, some having thousands of recipes and thousands of followers. But! Not a single site offers a kit to put it all together.
Here is my problem, I don't want to do any of the online stuff. I'm 63 and about to retire and want to travel, a lot. I can do most of the online stuff needed but am not interested in the time it takes to build this product. I am having a website built at this time but am not sure how it's going to turn out with the fellows I have building it. I don't need a lot of money, I lead a small life and travel on the cheap so, I am willing to give the lions share of profits to who ever I partner with. I also have what I consider a small budget, a couple thousand dollars, to get this thing rolling. So, how do I find the right partner in what I am pretty sure will be over a million dollar biz a year? Just some back ground, I helped build the supplier I work for into what it is today, from deep in dept to over 2 mil in sales this year.
EDIT 1: Thanks to Mornighead for the post and to all of you who have replied. The response was, as expected, overwhelming. I will try to reply to everyone and not leave you hanging. It looks as though we might be able to build a team and help out a bunch of people. I am humbled.
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How do I find the right partner for my idea? I am shipping manager for the third largest online supplier of ingredients for ahhh... let's say... brownies. (It's not brownies but I don't want to give my niche away.) So, I can get all the ingredients for any "brownie" recipe at wholesale cost and have the ingredients put together into a kit for an extra 10% of the costs. This is a huge niche with hundreds of dedicated sites, some having thousands of recipes and thousands of followers. But! Not a single site offers a kit to put it all together. Here is my problem, I don't want to do any of the online stuff. I'm 63 and about to retire and want to travel, a lot. I can do most of the online stuff needed but am not interested in the time it takes to build this product. I am having a website built at this time but am not sure how it's going to turn out with the fellows I have building it. I don't need a lot of money, I lead a small life and travel on the cheap so, I am willing to give the lions share of profits to who ever I partner with. I also have what I consider a small budget, a couple thousand dollars, to get this thing rolling. So, how do I find the right partner in what I am pretty sure will be over a million dollar biz a year? Just some back ground, I helped build the supplier I work for into what it is today, from deep in dept to over 2 mil in sales this year. EDIT 1: Thanks to Mornighead for the post and to all of you who have replied. The response was, as expected, overwhelming. I will try to reply to everyone and not leave you hanging. It looks as though we might be able to build a team and help out a bunch of people. I am humbled.
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