Visionary type that after about 18 months am currently in final stages of testing a product within a huge market I know I can win. I have a solid background in designing breakthrough software for top tech companies and am located in a major tech hub with lots of access to investor networks and capital. I have a notebook of ideas with breakthrough patent-pending products.
I also have a formal background in entrepreneurship and am a self-taught engineer. I'm more or less an innovation machine and it's my greatest strength which I can provide on a repeated basis. Currently, I provide consulting services and can self-fund to get initial traction of first 100,000+ users over the next half year or less. That is the goal. Money and time are tight.
I recently incorporated. My problem now is that there is another tech advancement I want to capitalize on. Eventually, I wanted to streamline it as a product in my family of products for the first company. The second of the two big ideas is gaining traction in the marketplace, but it's still off point. I'm afraid some of my ideas are catching speed in the marketplace, but my angle is a big area of the market that is not being served -- usually the case with most of my inventions.
Currently, I am doing all of this solo and plan on growing Users and Sales and a Team alone for the next several months, generating some revenue and growth, then look for investor funding. I probably will patent a few ideas in the meantime as I am growing a team, finding partners that fit into the culture, and also investors.
I don't want to lose out on big market ideas....I'd like to test the waters with several apps in several areas with the protection of several patents. Should all of this be done under one companyor more than one company?
I want to take risks using my corporation as a vehicle...Long term should I do all of it under one umbrella and split up the projects into separatecorporations? I know some companies like Alibaba have done that. Is it very practical or feasible? Again I believe though they are related that the companies should operate independently of each other.
Any advice would be greatly appreciated. Thanks!!