![]() |
|
|
#1 | ||
|
Coordinator
Join Date: May 2002
Location: Jacksonville, FL
|
Lets say you create something, an invention
What do you do then?
The sites that come up from a search seem like rip off sites....what would a nobody do to get something made, a prototype perhaps? No, I dont have anything in mind, but every now and then you think of something (usually in my case it already exists) but what then? Do you have to spend thousands of bucks no matter what, just to get a prototype made or find someone to build one?
__________________
Jacksonville-florida-homes-for-sale Putting a New Spin on Real Estate! ----------------------------------------------------------- Commissioner of the USFL USFL |
||
|
|
|
|
|
#2 |
|
College Benchwarmer
Join Date: Dec 2003
|
Barter the idea in exchange for pron.
|
|
|
|
|
|
#3 | |
|
Coordinator
Join Date: Feb 2003
Location: Seattle, WA
|
Quote:
Depending on what it is it may not take thousands of bucks, but yes, if you've got a good idea and you want to pursue it, you're likely going to need a working sample/prototype in order to get venture capital money.
__________________
We have always been at war with Eastasia. |
|
|
|
|
|
|
#4 |
|
Resident Alien
Join Date: Jun 2001
|
Hamburger earmuffs?
|
|
|
|
|
|
#5 |
|
College Benchwarmer
Join Date: Jun 2005
Location: San Diego
|
Unfortunately yeah, to actually see the idea to the prototype stage would be quite expensive one way or another (either in actual personal monetary expense or through sharing equity in the venture with other parties). If you know someone with the technical ability and resources to actually build you a prototype (and it's likely you're underestimating those requirements), it's worth approaching them with the idea as I suppose there's some chance they'd be interested in giving it a shot for the pure curiosity/challenge of it. Odds are low that you'll be thrilled with the results in that case, but it could help you refine the design and get an initial understanding of production challenges.
To protect the idea itself, there isn't a whole lot you can do without investing the time or legal expense to pursue patent protection. Sketching out the concept in a detailed and coherent way and then mailing it to yourself (keeping it sealed to maintain the integrity of the postmark) has always been the default poor man's way to give you some leg to stand on that you had the idea when you had it, but it's not much of a leg really. Emailing the same to yourself and a few trusted others would probably offer a similarly low level of proof to back up any claim you might later want to make to the original idea as well. Prototypes are expensive, sometimes really expensive. If you're serious about this, I'd recommend doing research on the market the product would serve, establish a basis that this product would be differentiated in a way that would appeal to consumers, and attempt to quantify the opportunity for the product in a way that's interesting and exciting. Even something as basic as some rough figures will be helpful as you're trying to find the right technical person/people to work with on developing the concept. You'll want to say that sprockets (or whatever) are a billion dollar a year industry and that the features of the flasch-sprocket would be superior to 90% of the sprockets on the market. You can also identify major sprocket producers who will be interested in purchasing the idea once you've proven the concept and secured a patent if the idea of founding and building a business sounds too daunting for either yourself or those you're talking to. Doing this work will give you a chance to present the idea to others in a way that makes the endeavor meaningful and explains the potential upside. But that kind of brings us back to the beginning, one way or another it's expensive. You'll either be spending a good deal of money, or spending a good deal of time to develop the idea to a point where it's capable of motivating others to invest their own time and energy into it. Good luck, this isn't meant to discourage, just to underline that if you don't take something like this seriously, it won't ever be anything serious. |
|
|
|
|
|
#6 |
|
Coordinator
Join Date: May 2002
Location: Jacksonville, FL
|
awesome info malc...
I dont have anything but im sure, like everyone else, you come up with something at sometime and think to yourself, that'd be cool....but then what do you do with it. Ive been lucky enough to find most of my ideas already exist thus saving me that time and effort (except my movie idea, ahem im not a member of the WGA so who wants some ) but I was thinking "what if?"
__________________
Jacksonville-florida-homes-for-sale Putting a New Spin on Real Estate! ----------------------------------------------------------- Commissioner of the USFL USFL |
|
|
|
|
|
#7 |
|
Coordinator
Join Date: Dec 2004
Location: San Diego via Sausalito via San Jose via San Diego
|
Flux Capacitor??
__________________
I'm no longer a Chargers fan, they are dead to me Coming this summer to a movie theater near you: The Adventures of Jedikooter: Part 4 |
|
|
|
|
|
#8 |
|
Head Coach
Join Date: Mar 2003
Location: Hometown of Canada
|
Send it to me and I'll get it trademarked and all that.
|
|
|
|
|
|
#9 |
|
Bounty Hunter
Join Date: Oct 2000
Location: Pittsburgh, PA
|
I worked toward an idea for a product that would get women to throw themselves at me, but it never got further than the "I wish I had a product that would get women to throw themselves at me" stage.
__________________
No, I am not Batman, and I will not repair your food processor. |
|
|
|
|
|
#10 |
|
Hall Of Famer
Join Date: Dec 2003
Location: the yo'
|
There's already a patent for the fleshlight.
|
|
|
|
|
|
#11 | |
|
College Starter
Join Date: Oct 2000
|
Quote:
It must involve bottling the essence of a 5th grade Pumpy.
__________________
... |
|
|
|
|
|
|
#12 |
|
Head Coach
Join Date: Dec 2001
|
pet centaurs
__________________
"Don't you have homes?" -- Judge Smales |
|
|
|
|
|
#13 | |
|
Bounty Hunter
Join Date: Oct 2000
Location: Pittsburgh, PA
|
Quote:
![]()
__________________
No, I am not Batman, and I will not repair your food processor. |
|
|
|
|
|
|
#14 | |
|
College Benchwarmer
Join Date: Jun 2005
Location: San Diego
|
Quote:
Listen, if you do the market research work I suggested, you might be able to develop the idea to a point where it will motivate others to invest their time and energy into throwing women at you. |
|
|
|
|
|
|
#15 |
|
College Benchwarmer
Join Date: Oct 2000
Location: Location, Location, Location
|
If you are serious, find the nearest Small Business Association office and get some advice from them. I spent about a year working in one, and many folks like you came in. There is a lot of info and experience there, and they will point you in the right direction.
http://www.sba.gov/smallbusinessplanner/index.html Odds are not good, however, for your success. If you have a dream, pursue it.
__________________
"The case of Great Britain is the most astonishing in this matter of inequality of rights in world soccer championships. The way they explained it to me as a child, God is one but He's three: Father, Son and Holy Ghost. I could never understand it. And I still don't understand why Great Britain is one but she's four....while [others] continue to be no more than one despite the diverse nationalities that make them up." Eduardo Galeano, SOCCER IN SUN AND SHADOW |
|
|
|
|
|
#16 |
|
Bounty Hunter
Join Date: Oct 2000
Location: Pittsburgh, PA
|
I've got Akon working on this for me, thanks.
__________________
No, I am not Batman, and I will not repair your food processor. |
|
|
|
|
|
#17 |
|
Pro Starter
Join Date: Nov 2000
Location: Cary, NC, USA
|
I personally like the term flaschsprocket.
Last edited by Celeval : 11-29-2007 at 09:02 AM. |
|
|
|
|
|
#18 |
|
College Benchwarmer
Join Date: Jun 2005
Location: San Diego
|
|
|
|
|
|
|
#19 | |
|
College Starter
Join Date: Apr 2007
Location: Arlington, VA
|
Quote:
+1 Assuming that your idea has merit, the SBA can give you some advice on how to access the folks with money. |
|
|
|
|
![]() |
| Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
| Thread Tools | |
|
|