A weaving machine?

I get that you need money.
But you need to be careful about sharing your machines until such a time as you have them securely patented and ALL variations patented.

Engineers like my deceased grandfather worked on various things and patented them working around existing patents....and got filthy rich in the process. He never held a regular job after quitting his regular job. (Bad choice on a personal level as his alcoholism got exponentially worse...but that's another issue. Financially he was set for life)

He could take one look or get the basic concept and create, from his mind, the idea of a table top weaving machine and bypass any ideas you already had. Cutting you out immediately. And that's what happens in today's environment.
Sure, you could sue for copyright infringement....but that takes years and hundreds of thousands in legal bills.

What you really need is an angel investor like you might have seen on Shark Tank. My grandparents were such people that did this sort of thing....they were angel investors. What they told me was that 9 out of ten investments never paid but usually one out of ten would and boy howdy would it.

BUT

You need all of your prototypes built, designs and schematics copyrighted and patented... and your product name (plus all variations) patented and locked up tight. Then a complete business plan drawn up. (Including expenses and sales estimates) You might even consult a couple of mechanical engineers to assist you with drawings, plans, and materials who understand all of the manufacturing costs and materials better suited for cost savings and where to put higher cost materials for asthetics. Then marketing and distribution can be assisted by an angel investor...who can get the models sold in hobby shops.

When you have an idea like this you need to quietly get ALL bugs worked out and variations patented very speedily before China gets these things and mass produces them before your first unit is even sold.
Speed is of the essence. That's where Angel investing can really help.

What could you do if you had $50,000 to build these things? How about $200,000?

How fast can you get 1 million of these these things mass produced? What would they retail for? (Product cost times 3) Ordering by retailers for Christmas is started by june/July and finishes in October. Usually first year is high end beta test market followed by blitz sales the following year after feedback is analyzed.

Actually, Australia is unaffected (as far as I know) by tarrifs.

However, if you can get access to a sheep rancher....they will literally practically give you the wool from yearly sheep shearing.

But, it will be on you for washing and carding (combing) the wool to get the strands going the same direction. (What you need to do before spinning it into yarn)
However, it might be a few miles to get to a rancher. Also alpaca wool works as well....they get sheared too. (And it is a better wool to some people)

Washing, carding, spinning....a lot of work.
You will need to research how to wash the wool and how to card it sufficiently get smooth and uniform yarns. Otherwise you will have lumpy yarns. (This takes practice from my understanding of the subject by a woman who was doing this for a homesteading booth)

I wish you well on your endeavor.

I agree with you. China has little respect for patents anyway. I worked for a company that started making some products in China. There were cheap knock offs within two weeks. They were not simple devices either.

FYI, Australia will be hit with 10% tariffs. Apparently this will increase the price of American hamburgers.

I get that you need money.
But you need to be careful about sharing your machines until such a time as you have them securely patented and ALL variations patented.

Engineers like my deceased grandfather worked on various things and patented them working around existing patents....and got filthy rich in the process. He never held a regular job after quitting his regular job. (Bad choice on a personal level as his alcoholism got exponentially worse...but that's another issue. Financially he was set for life)

He could take one look or get the basic concept and create, from his mind, the idea of a table top weaving machine and bypass any ideas you already had. Cutting you out immediately. And that's what happens in today's environment.
Sure, you could sue for copyright infringement....but that takes years and hundreds of thousands in legal bills.

What you really need is an angel investor like you might have seen on Shark Tank. My grandparents were such people that did this sort of thing....they were angel investors. What they told me was that 9 out of ten investments never paid but usually one out of ten would and boy howdy would it.

BUT

You need all of your prototypes built, designs and schematics copyrighted and patented... and your product name (plus all variations) patented and locked up tight. Then a complete business plan drawn up. (Including expenses and sales estimates) You might even consult a couple of mechanical engineers to assist you with drawings, plans, and materials who understand all of the manufacturing costs and materials better suited for cost savings and where to put higher cost materials for asthetics. Then marketing and distribution can be assisted by an angel investor...who can get the models sold in hobby shops.

When you have an idea like this you need to quietly get ALL bugs worked out and variations patented very speedily before China gets these things and mass produces them before your first unit is even sold.
Speed is of the essence. That's where Angel investing can really help.

What could you do if you had $50,000 to build these things? How about $200,000?

How fast can you get 1 million of these these things mass produced? What would they retail for? (Product cost times 3) Ordering by retailers for Christmas is started by june/July and finishes in October. Usually first year is high end beta test market followed by blitz sales the following year after feedback is analyzed.