This is an exciting opportunity and system for the many inventors out there that come up with such good ideas but find it very difficult to even start, let alone set-up the idea or raise capital. We know, we have been there!
We believe that our system takes the stress out of the road less travelled and creates a platform where we can take an inventor and turn them into an entrepreneur and here lies the proverbial "to teach a man to fish".
The Watalot Group, also known as Watalot, is a company dedicated to creating entrepreneurs from Inventors. We are Product Solution Specialists, we are Business Solution Specialists and we are Design and Marketing Specialists. |
Watalot is not a venture capitalist company!
From our experience, we have found that to acquire a venture capitalist, one has to go through so much red-tape and they suck the very life out of your company or product. Many also tend to demand a high stake in your idea in order to receive the required capital. We do not believe in this system.
Our approach is much different!
Through our company of specialists, our network, preferred suppliers and retail outlets, we can take any idea from scratch (from a simple idea) to the target market!
That is our company in a nutshell!
What we do is offer an opportunity where inventors and entrepreneurs can pitch their ideas to us under a strict non-disclosure agreement. Should our panel of specialists like the concept then we will in turn offer a "joint venture" agreement to the "pitcher".
Should this agreement be accepted, then we get to work using our vast experience, contacts and network in order to develop your idea to prototype which we then send to our preferred manufacturer for sample products. During this time, we are busy with business plans, strategies and marketing material which include labels if required, flyers, website, company registration, etc.
Once this stage is completed, we then approach our preferred outlets to get the concept to market.
and finally, we market the idea through our channels ...
After a specific term, the joint venture partner (the inventor) has opportunity to buy back some of their shares in order to control their own product but all this is outlined in the agreement.
This is a business-in-a-box concept and our solution to being able to get your idea to market! |
|