About kevin kemper Expertise IN my 34 + years with prospective entrepreneurs aged 7 through age 77, in Canada,
Mexico and elsewhere; both directly and through my TV show and newsletter on Entrepreneurship,
have advised on: starting a business, writing a business plan, finding staff, setting compensation
plans, when to joint venture or consider a franchise, have a partnership or corporation structure,
when to start a biz vs buying. Currently tutoring individuals in S. Africa, Bangladesh, India, China, Australia and Brazil. [My incomplete book is entitled Assured Entrepreneurial Success]
Expert: kevin kemper Date: 11/10/2005 Subject: Upper Hand.
Question Dear Kemper,
I have an invention and I have two options - licensing and joint venture. Tell me in detail what's the advantages and disadvantages (economically and politically) of these two options if my focus is to be rich while retaining decision-making power. Which one should I adopt? Any other alternative? A combination of alternatives? Monopolizing it without sharing will invite more adversary than I can think of.
Answer I cannot give you all the data you seek in under 25 pages.
however, succinctly, joint venturing will get you closest to
what you want.
if u want to talk to me further off allexperts, I can
do that to.
