tehayj
Joined 15 years ago
Joined 15 years ago
We are fine in terms of money, I just had this (misguided) idea that getting funding now helps me to be even less involved in the project but since my decisions made this a success I think we really look to sell the whole thing.
Before we do this we will keep growing it for a little longer and try to make everyone replaceable. It doesnt matter much for us anyway. We just want to get done with the making money part of our life and will get there regardless if we sell or not until the end of the year.
- Our product is hard to replicate and this will take them time and give them a lot of headache. We know some companies gave up.
- We build our own competitor in the same niche right now (under different leadership but I still hold control) so we cover the first and second spot in it. They are talented and can copy us first. So if people want choice they will get that.
- We dominate the conversation and have some things in place that ensure it will stay like this.
Regardless of all this, I'm fine if we would loose the top spot because the market is growing so fast that even a smaller piece of the pie is a decent sized one and we keep the whole operation extremely lean and focused so we we will stay profitable no matter what.
The other one is cited in this book (I read it there first) http://www.amazon.com/gp/product/1857883292/ref=as_li_ss_tl?...
Here is a not so scientific national poll about this http://www.dailymail.co.uk/news/article-2135843/Children-liv...