Carol asks…
Invention : better to make something new or improve on something old?
I am a young (16) inventor aspiring to becoming very rich, but have no clue on how to proceed with any of my 70+ ideas… I want to know if there is more money to be made by inventing something completely new, or improving on something that already exists. Now I know that it all depends on the idea itself but I want to know which is easier generally.
Also I would love answers from inventors and if you are one and want to help me in my path to success that would be Great!
What I need now is all the information and help that I can get!
A big thanks to every one that is willing to help!
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admin answers:
Something entirely new will make you more money; if it becomes popular, you can get manufactured and marketed. You would be better off improving on something already in use, instead of manufacturing you can license it to someone already making it. Use your earnings from this as seed money for something entirely new. You will be in a better position to get your idea manufactured than you would as a newcomer who could be taken. People with good ideas have made less than they should from them when they sold rights to someone else only to see their idea shelved and never earn a penny of royalty.
Lisa asks…
Bad Vibes on Vortex Marketing Group, does anyone know of negative comments or legitimate complaint about them?
I am interested if any negative information or links exist that may indicate Vortex Marketing Group, Joel Sauceda and his other companies and affiliates, including the somewhat less than glamorous products offered. Odd informational responses from all the standard search engines seems to defy what the mathematical statistiscs should dictate. In all my internet searches, everyone seems to be showing only good responses front loaded and supported internally by other members and their links driving the most popular to appear relevent. It seems to be a very suspicious pyamidal scam. The self sustaining free peer support system determined to gain entry into respectable ecommerce. Like an Amway or other such systems, using devices to slowly bait the interest and slowly feed the info. I am very concern because a relative called to help introduce me to this with, you know, a free benefactor code. I’m looking for objectivity, and yes, I have a background in general advertising and direct mail.
admin answers:
Check betterbusinessbureau.com
Richard asks…
wt r the best electives to choose as specialization for mba, marketing,hr,systems,operations,finance?
please help me in selecting…v have to take dual specialization n i like systems n finance…is it a good option …wt are the carrier opportunities… plz choose papers for finance n systems
systems:
Business Data Processing and DBMS
System Analysis and Design
Enterprise Resource Planning
Software Project Management
Decision Support System
Artificial Intelligence and Expert System
Software Engineering
E-Business
Knowledge Management
Internet Programming and Web Designing
Electives
Marketing Management
Advertising & Sales Promotion
Consumer Behavior
Services Marketing
Product Management
Retail Marketing Management
Rural Marketing
International Marketing
Strategic Marketing Management
Sales Management
Public Relations and Customers Relationship Management
Financial Management
Investment Analysis & Portfolio Management
Management of Financial Services
Financial Derivatives
Project Financing
Working Capital management
International finance
Corporate Taxation
Management Control Techniques
Financial Information System
Strategic Corporate Finance
International Business Finance Strategies
Human Resource Management
Organizational Development & Change
Training & Development
Wages & Salary Administration
Strategic Human Resource Management
Industrial Relations & Labor Laws
Personality & Managerial Performance
Reward Management
Performance Management
Event Management
Operations Management
Supply Chain Management
Project Management
Strategic Operations Management
Management of Quality and Productivity
Materials Management
admin answers:
Cripes! That is a lot of choice there!
In short, the strategy, insight and finance areas will put you in good stead in a global market. I am not very au fait with how many electives you must choose (we have a different system here in the UK), but the following of your list look very interesting…
Consumer Behavior
International Marketing
Strategic Marketing Management
Project Financing
Strategic Corporate Finance
International Business Finance Strategies
Strategic Operations Management
Good luck and i hope it goes well!
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