Being Serious Here! I have an invention that I could sell to the end user in a heartbeat!

Just stopping by to say this morning!!!

HI mr moose!!

im in whats the idea

people are full of good ideas. That said, have you done a patent search yourself. Start there before you get a hardon,,,,, I can count 10 great ideas I had,,,, all of them were previously patented.



If its a good idea, and its small electronics, I can get it done for you---prototype, mfg and patent. Are you looking for funding for the whole thing or just the mfg part??

Please post the results of your patent search and I will be more interested.

Thanks

ok, any tips on searching??
I would want complete funding. I would split the deal with the financing arm! I´m in sales and marketing so selling it would be a done deal!

Good Morning BB, Lots of investors out there! Good luck in your search, and with your product idea.

I live in a town where the corp HQ of the perfect trail customer, it´s a winner. I just don´t want to get screwed. I have to be carefull!!

Thanks Scorp!!
I´ll ck back later!

From one magnicent cat to another, I´d talk to someone you´re friendly with.

An Electronic Dildo Teleporter ?

what a daunting task, just searching at the patent site, geesh!!

ok, any tips on searching??
I would want complete funding. I would split the deal with the financing arm! I´m in sales and marketing so selling it would be a done deal!






Billy,

I got some bad news for you...... the sad reality is that nobody would finance for a 50/50 split. I´m not trying to hurt your feelings but the inventor takes no risk....which means that the financing arm as you put it usually takes the lions share.

Example:

You have an idea for a product scanner that totals up whats in your cart. Should sell like hotcakes.

The financing arm has to do the following for your great idea:

1/ patent search and finding from a lawyer-- ~$3000--$5000. To go forward with the patent, add ~ $5000.

2/ set up a prototype...materials /labor/ facility.... $5000-10000 (depending on your material needs. This includes setting up a company of some type----nobody will buy from you making this item in your basement--trust me on this! And this only means documentation of a company..not renting a place.

3/ add marketing materials, packaging--$3000-$5000.



So the finance arm spends about $20000-25000 for you to make a prototype and have you set up to look like a company to sell this thing.

Now, you take the prototype to your first customer and they say... sure great idea, I will buy 5 of those from you in the next year.



Ask yourself, what risk did you take???

[link to www.ladas.com]

[link to www.patentwizard.com]

BB, I know 2 people who have invented stuff. They both said they wouldn´t have bothered with getting a patent, that it´s more profitable to sell as much as you can before the knock-offs appear, as they inevitably will. It takes years to get a settlement if somebody rips off your patented invention.

Hes right. I would search the net for how to proceed, logging in everything, times dates etc and build your own proto type, even if it doesnt function, the concept is worth more than the product

Well, thanks for the info! If I had the brains to slap this puppy together I would just build them and sell them and make my loot somehow before others stole it. the fact is, it´s a selective market so, I bet I could cover the whole US in a year or two.

I met a billionare last month, maybe when the time is right I´ll ask him for ideas!

both 8:59 and 9:00 are right.


Patents are usually a waste of time--unless you think what you have will take a lot of time to finalize development and you dont want somebody else to patent while your playing.


If its a simple electronic device, the path should be to build a small prototype, test market, and if OK, go to a contract manufacturer.


I do question AC9:00 about the concept being worth more than the product. This is true only if you can go really big with it and hook a larger investor to get to a huge market.

The answer is that if you can make a working model and produce it in at least moderate volume, then skip the patent as long as you can get it on the market quickly.

it sounds more like you have no technical ability to make a prototype at all.

I would repeat what I said earlier.... if you don´t do anything else, do a patent search. You might be surprised.


If the only issue is getting the prototype made, then I could still help you.

When you say cover the US in 1-2 years, then you must mean that its not a consumer good....so you´re targeting OEM´s????

I would be targeting large retailers, I need to think about more what would be acually needed technically, there might be cheaper alternatives to produce the same results.

Boss?

Have you developed the idea using your employer´s resources?

you already told your boss and friends. You dont know who they told. You cant patent anything. You didn´t file a record of invention, did you!

resources, no just my brian
i trust my boss

I come up with great stuff all the time

If i were a millionare I´d make them fly without blinking

"resources, no just my brian
i trust my boss"

Well, our new algorithms and technologies we develop here belongs to the Brazilian Government. Of course we take the credit as inventors, and this means a lot in our careers, however we do not own the patents. Any attempt to file a patent for something developed in its laboratories is considered theft, thus subject to criminal prosecution.

Edit: In Brazil softwares are copyrighted. Patents are for physical devices.

Heya BB!

Up and at it early I see.

What no one has brought up is the differences between a design patent and process patent. A process patent is much harder to obtain but much more lucrative. If you have discovered a unique new process then exploring a process patent is/could be worth the investment. If however it is simply a design patent then all one has to do is change the design a bit and throw some money at it to out market your idea. No patent infringement - or patent lawsuit that gets tied up in courts until you go broke or hell freezes over. If it is simply a design patent then have all your ducks in a row before you proceed to market it and let the cat out of the bag.

If it is a process patent then you could be the holder of a unique process that allows you to be the sole holder of that unique process and anyone that uses that process to market similar products owe you a fee or royalty to market them. Process patents are much harder to obtain, but could be worth the process of getting the patent in the long run. If it is just a design patent then go for lining up someone to manufacture the product in mass before you let it out in the world.

Hope that helps!

And BTW - if you have any success I have a few ideas that could make some bucks as well!

Best of luck,

Mobi

be careful what you enter into search engines.
There are people and web-bots that track search-engine terms---ask jeeves is one that comes to mind as having a "peeping-Tom", on search engine requests.
I run something on my website that tracks and indexes and reports search-engine request terms and sometimes I find some pretty telling stuff that I´m sure the search-engine user did not intend to reveal. EX: if GLP has one, I bet TEOTWAWKI, could come-up as a search-engine request,leading to GLP, and a web-surfer would click a link to GLP, then the term would show-up on the report.
Even questioning a domain name to see if it is available---I did that and I went back one week later to register it and it had been taken by someone know as a "squatter" -the squatter was selling it for $200.(it was an obscure web-addy and was really only valuable to my organisation)....how that squatter
had knowledge of the domain name that I queried, I don´t know----it was a major domain query/sales company and I don´t know if they even had anything to do with the squatter buying the domain, but since then I don´t even query for an available domain unless I am all set to go ahead and register it right then and there.
BEST of luk Bongo!.....don´t let the paranoia about getting your idea stolen, stop you!
It is fairly easy to apply for a patent, just start making the little devils.
I need some income myself, so if you need anyone to work on the assembly-line let me know!

Billy,

I own an run 2 companies that take ideas that we like and bring them through the cycle.

First of all hard to have a marketable idea.

If I can´t get it through the patent process I don´t fool with it.

If you are thinking you need 20k to 40k try again. Anything but anything will take 200k to 400k.


Banks will not give you one penny that you can´t back-up with collateral.

Right now I have a back-log of 20 items.

Some people have worked 20 years on their idea.

Very very few stick with it.

Billy it´s all about how strong you feel about it.

Others will never believe more than you believe.

You´ll want to go with the pros.

This is not the right place to look for investors.

wow, thanks for the replies and advice!!
I will ponder this and sleep on as edison did everyday, not that I´m edison but you catch my drift

Billy...PM coming your way

Billy -STOP TALKING - NOW!!!!!

Sorry folks - Patent law.