1,249 karma · joined January 5, 2008
I think you both have an interesting perspective on the future of apparel and e-commerce. The one thing that I think deserves mentioning is that it has been getting easier and cheaper to own the means of production so you can convert raw materials into finished goods with out holding lots of inventory. You also need the manufacturing capabilities if you want to do mass customization.
My limited experience with this has come over the past 3.5 years building DODOcase.com. We ended up building all of our own manufacturing and hold less than 2 weeks of inventory, while over 30% of our online sales are one off custom built products.
My hope is that the future is brands built online that actually make their own stuff. I agree with Jamie that the brands of tomorrow will have to be more hands on but just holding inventory and shipping D2C is not enough, I think they will have to own and master the manufacture of their own products.
This is a basic question of what freedoms individuals have. If you make the laws so complicated and or secretive that no one can comply with them then the entire system fails. You have 3 letter agencies running around selectively enforcing overly complex/secret laws then the very foundation of what the law is meant to do breaks. Selective enforcement equals political influence equals the Rule of Men, not the Rule of Law.
If you have a startup that is cashflow positive and generating taxable income you should look into this. I am still leraning a lot about it myself. This link was useful (I have no affiliation with the law firm, just thought they did a good job describing the details)...
If Kickstarter cracks down on product related projects maybe we will see a new crowdfunding platform emerge that is friendlier for those trying to fund and launch physical products. Kickstarter should be careful here or they may be creating an opportunity for a serious competitor to emerge.
My father has Parkinson's, it is an awful disease.
You do feel a great guilt and sadness watching someone you love slowly wither away over years. You are always thinking of ways to help but the hard reality is that there isn't a lot you can do except provide companionship.
But what do you do when you need a job to pay for all the other care this loved one needs? These things compete for your time and ability to provide companionship 24hrs/day. If I quit my job and moved across the country to take care of my father their wouldn't be any money to pay for the nurse's, medicine, and doctors. Plus all the other complexities of life that this would create for my wife and our plans to have a family. Caring for a sick person is complex.
I had this idea because my father suffers from Parkinsons disease and gets quite lonely in the house during the day. He lives in Florida and I life in California and I can't call him as much as I would like to given the time difference. I know he gets lonely and would love to just have a conversation with someone during the day. I would pay to have someone skype him for 20-30 minutes in the middle of the day just to provide some conversation.
I am guessing that there are many other people who are in my situation with sick or elderly relatives. I know I would pay for a service like this and you would be bringing happiness into peoples lives.
cheers, Patrick