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Starting an electronic design company

  1. Aug 20, 2007 #1
    I want to start a company that design products for the automotive tuner industry. The kind of products that I want to focus on are LED/lighting related controller products. How much money do I need to start this company and can I get away with not having an automated smd placing machine?
     
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  3. Aug 20, 2007 #2

    chroot

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    I think the startup capital would depend on too many factors for us to know. If you or your employees are willing to work for free for a while, they can be quite low.

    You do not need to have your own board stuffing machines; in fact, I would recommend that you not do your own board stuffing. Instead, find a shop in your area that will assemble and wave-solder your boards.

    - Warren
     
  4. Aug 20, 2007 #3

    berkeman

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    The common terms "LED lighting" and "automotive" are orthogonal, IMO, but I could be missing something, obviously (hence your startup!). Please read through this basic link, and work on the "business plan" part of the wiki entry:

    http://en.wikipedia.org/wiki/Startup_company

    Writing your business plan (no matter what form it ends up taking) will help you to make your vision a reality (hopefully). Best of luck, and work hard!
     
  5. Aug 20, 2007 #4
    why would you want to get into such a saturated market?
     
  6. Aug 20, 2007 #5

    berkeman

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    The LED Lighting market is very young, and ripe for innovation (there's not much more that I can say without multiple lawyers pouncing on top of me and beating me sensless, well, with limp hands, but trying their best :rolleyes: ). The automotive market is pretty much saturated with ideas and innovators ahead of us....
     
  7. Aug 20, 2007 #6

    russ_watters

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    I went out with a lawyer last night. It was our first date, so it is probably too soon to be making jokes about her hands, but that's a joke that just about writes itself... :biggrin:
     
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