If it is highly successful, I plan to do the silly thing and stick with it.
If it is pretty successful, but it looks like we wouldn't be able to turn it into much of careers, then I'll sell it off to one of two kinds of people: big names in the RPG world, or big names in the video game world. The game kind of appeals to both sides, and I bet I'd be able to get price for it.
2) I chose this idea because I want a career. I don't want to have millions of dollars to laze around with, I'd like to have some work to do. And if Constellation looks like it can provide me with stable income and stable work, then I'd rather have that than a million dollars right now and no guarantee of any in the future.
3) I think my strategy has influenced my desire to get a physical product up and running. If I were just planning to sell the idea off and bail quick, then I'd do just that. I'd obviously make a quick prototype and patents or copyrights, but I wouldn't get terribly much into finished products and distribution, so I wouldn't have to think about that much. I suppose if I were planning to sell it off after my success with the final product, I'd be doing the same thing I am now, which is diligently designing and working for the end goal. We'll have to wait and see if my design, management, and people skills will get me to my end goal.
Hey Kyle,
ReplyDeleteI am on a similar plan as you. My first choice would be not to stay with the business. If it is successful, I will keep it running, but I will not be the person in charge. I will pass that responsibly onto someone else. These business approaches we have created are good for getting exposure and experience in the business world. They may not be ideally what we want to do, but they can be used as a learning mechanism.
Hey Kyle,
ReplyDeleteI think what you have planned out is solid. There is no reason to put all of your eggs into one basket, especially if you are not trying to make a a "quick and easy" million dollars. I see myself in a similar situation. Having something to work on and improve is much more fulfilling in the long run rather than something that would just bring temporary satisfaction. I wish you all the best!
Hello Kyle,
ReplyDeleteI like the outline of your plan as I find it to be very well described and planned. I enjoyed reading as I have also chosen to preferably sell the business into the right hands to secure a possibly unknown future. In addition to the money and assets we would receive we would also have experienced good business world skills and tactics.