Hey everyone,
Just want some general opinions about starting a bev company. Im really passionate about drinks and feel like I could have a product that fills a niche or might just be a good beverage in general.
I read previous post about needing capital because of production/distribution/marketing. Most people saying you’ll just fail and waste money.
My plan would be to spend around 50k for formula creation and the first assortment/marketing. Think this is enough? I’d also do local events/festivals with booths and check local stores to see if they’d carry my product.
If you’re asking “should” you are not ready. You should know if you should or shouldn’t.
Secondly, no one needs another beverage, however, so what’s your credibility in selling products? Whats the value proposition of yours?