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| Thread ID: 140294 | 2015-09-20 01:03:00 | AND this is why so many NZ inventers go overseas | wainuitech (129) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 1408571 | 2015-09-20 01:03:00 | Typical New Zealand GREED -- Thats all it is. Auckland Foundry - thinks they can do what they want. Instead of making millions of $ they get greedy and will end up with nothing. Good on the Girl from Taranaki for standing her ground. Schoolgirl-inventor-forced-to-take-product-offshore (www.stuff.co.nz) "We were very excited...but we can't change the reality that what they first proposed and actually how it turns out to be manufactured are substantially different. In other words the Foundry ****ed up its pricing and now expects to simply do a increase. |
wainuitech (129) | ||
| 1408572 | 2015-09-20 01:25:00 | As a failed entrepeneur/inventor I know how she feels. But the sad fact is that the large market for that sort of thing is overseas and the freight costs to the USA would add a huge mark-up. Believe it or not the USA market is very price conscious, due to their low wages, they want everything as cheap as possible. The guys on Shark Tank confirmed this. |
Digby (677) | ||
| 1408573 | 2015-09-20 03:59:00 | Total rubbish about NZ inventors going overseas. Sure they make get their products or components from overseas but the NZ economic and technical environment is perfect for them. Have a family member who is a "professional" inventor. |
stuffed (1469) | ||
| 1408574 | 2015-09-20 04:36:00 | Have a family member who is a "professional" inventor. What have they invented thats made them Millions of $$ & sells like crazy / in high demand overseas ? | wainuitech (129) | ||
| 1408575 | 2015-09-20 05:04:00 | Well one of the inventions made the cover of Time Magazine (plus many other covers including PC World US). Another invention he sold the company that held the IP to Intel. |
stuffed (1469) | ||
| 1408576 | 2015-09-20 05:13:00 | www.kindlingcracker.com $145. It's basically a splitting axe head upside down in a cage. I agree the foundry were a pack of ******s -they agreed a cost then backtracked. Oh well, no doubt they'll be churning them out in china for $5 in no time. Her chances? good as any I guess, there are various of these things around - mostly overseas. I find a small hatchet does just fine....simple, not hard, takes a few minutes. How easy? Well I let Granddaughter have a go...she's 7, only took a few minutes for her to get the hang of it. Now a cheapish log splitter, that would be good. I do like splitting logs, it's not as hard as it looks, the axe does the work, but having chiselled away at some really meaty large ones in my time, I would buy one if there was something around - not the mega petrol driven ones - I know about those.... |
pctek (84) | ||
| 1408577 | 2015-09-20 05:33:00 | Well one of the inventions made the cover of Time Magazine (plus many other covers including PC World US). Another invention he sold the company that held the IP to Intel. Nice political answer -- Just like the Politicians, answer without actually saying anything. Meaning they could have been anything. At least the original article says exactly what the product is. There's one hell of a difference between something like the log splitter that's a physical item compared to some computer code. |
wainuitech (129) | ||
| 1408578 | 2015-09-20 06:56:00 | SShe would have better selling the rights and have a royalty payments | plod (107) | ||
| 1408579 | 2015-09-20 09:00:00 | There are other foundries, I have fixed hydraulics in casting machines for two of them in Avondale. I think its just too expensive to make in NZ because of ACC, tax etc. It could be cast far cheaper in a village in NE China. Unfortunately its all about cost these days. Good on her I wish her the best for the future. |
prefect (6291) | ||
| 1408580 | 2015-09-20 14:08:00 | What have they invented thats made them Millions of $$ & sells like crazy / in high demand overseas ? Why don't you address the actual criticism in stuffed's post as opposed to attacking a statement which should be given the benefit of the doubt anyway? Oh, and that's not the definition of a "professional inventor. SShe would have better selling the rights and have a royalty payments Agreed, although perhaps licensing such a product as a first business is overly complicated? Regardless making them overseas is probably better for them at the end of the day. Countries like China will probably have absolute and comparative advantage over manufacturing in New Zealand. |
icow (15313) | ||
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