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We have two separate business ideas. She is an artist. I'm a computer nerd. She lives in a different country now then I do. But we want guide ourselves. Share p
by zeratul 15y ago
We have two separate business ideas. She is an artist. I'm a computer nerd. She lives in a different country now then I do. But we want guide ourselves. Share problems and help out. The thing is that I advise her to execute her idea within a corporation since it can minimize the risk somehow. That's how I want to execute my idea. Although, before I do that I want to understand what is the benefit of a company startup versus a department startup. Maybe my sister is right. Maybe some ideas are good for spinning new department while other for spinning new companies.
This is naive but if there was someone at IBM that would see great value in Steve Jobs's idea wouldn't it make sense to execute it there? Isn't that a win-win situation?
- teyc 15y agoIf you execute two businesses in a single company, you subject each other to increased risk. Somebody suing her company will go after your assets. My advice is to set up separate companies. You can share facilities etc. But don't ever run them under the same company if they are run by two different people, doing two different businesses - unless cost is important and you want to save $1 of legal fees keeping them separate. Steve Jobs: it doesn't make sense. In a company every idea will have to fight for funds and resources. If your idea is funded on its own merits then there will never be this issue. Anyway, you are putting the cart before the horse. Go and sell something.