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What's the best way to get funding to start up a huge aerospace industry?

  • Okay I have quite a few questions- 1)What is the preferred age to start up the industry? Is  it better to gain 10-15 years of experience in this field before  starting up the industry or is it better to start up directly after  graduation(I am talking about after PhD)? 2)During initialization, will it be better to do a partnership? What is your opinion in the profit sharing? How can the company break its partnership to be a stand alone profit company? 3)Also what's the best way to get people of various sectors like accountants, engineers etc. to work for the new company (employees)? 4)Is it easy to get contractors in any country (say US) who will design out the whole industry and complete it before production begins? 5)Is it possible to simultaneously work for a company and as well as start a company? 6)Whats the best way to get contractors who will make the aerospace structures and the industry, or the contractors who made the industry can be the contractors for the aerospace structures? 7)What do you say, starting up an aerospace company which makes commercial airlines, defense jets, small scale spacecrafts can get huge profit? 8)Will starting up a medium scale software company help initiate the aerospace company? 9)As there will be testing of jets and airline, will it be required to have a private runway and launch pad? 10)What if there's a huge loss for the company? Let's say one of the airplanes boomed, What is your opinion? a) Sell the company          c) Partnership with other companies b) Fire the employees       d) You have another option.

  • Answer:

    At least you seem to have a big aspiration. Starting a huge aerospace industry is quite something. I suppose that you mean starting some kind of a venture and not an entire industry. 1)  I think you should be able to answer this when you are starting a Phd. Of course it's best to have experience in the business. On the other hand, you might be a true visionair and excellent business man. In that case you hire some aerospace veterans. 2)  This is an impossible question at this moment while there is no business model or something. Partners are very useful, but require good contracts and excellent management (of the partnership). 3) You will need money, and some exciting adventure. Read about Amazon and/or Musk and you'll see what can drive ppl to come to you 4) I don't understand your question, but it will definitely not be easy. Nothing on a large scale is easy. If you are the new kid on the block, you won't have any credits and nobody will be easily convinced to do work for you. 5) Sure, in theory. You are talking about a Large Scale Industry. HOW do you think you can combine something like that with another job? And why should you?? 6) I have no idea what this question means. 7) No, I don't think so. As you will not be welcomed by your competitors, you can be sure they will make your live miserable. Profits will vaporize quite fast. 8) If your software has anything to do with designing aircrafts, it might be possible. 9)  No. It is not required, but this question seems a bit out of line. 10) You should invest in good lawyers.

Anthony van Geest at Quora Visit the source

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