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by bigga » Tue Sep 11, 2007 5:47 am
- bigga
- White Belt
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- Joined: Tue Aug 28, 2007 12:24 am
Hi Rodney,
I'm an engineer living in Israel. I am continuely coming up with ideas most of which I and many others believe are extremely valuable. Many ideas I have come up with I have have actually hit the market succesfully three or four years later by another inventor. I have always taken my ideas up to the end of the design phase, diagrams testing etc... and from that point I am lost. I have never patented even one of my ideas, and I feel for the most part that it is a huge waste.
I really don't know where to go from there. I don't know how to judge properly if idea is really marketable. It has gotten to the stage where I'd almost be willing to just give up an idea to someone to do it and go through with it and get nothing in return just to prove to me that I was right. If you would be willing to advise me through the process of bringing one of my ideas to fruition(if you think the idea is worthwhile and you can help me through it then the ideas success and hopefully anything to be gained from it would obviously belong to you too), for me it would be like gold and would be extremely well appreciated. Is there a way we could comunicate, perhaps via e-mail? If you'de rather not I completely understand, but if so please let me know.
Iether way, thank you very much for taking the time to come here and drop a few pearls to the novices.
Thanks
Allon
I'm an engineer living in Israel. I am continuely coming up with ideas most of which I and many others believe are extremely valuable. Many ideas I have come up with I have have actually hit the market succesfully three or four years later by another inventor. I have always taken my ideas up to the end of the design phase, diagrams testing etc... and from that point I am lost. I have never patented even one of my ideas, and I feel for the most part that it is a huge waste.
I really don't know where to go from there. I don't know how to judge properly if idea is really marketable. It has gotten to the stage where I'd almost be willing to just give up an idea to someone to do it and go through with it and get nothing in return just to prove to me that I was right. If you would be willing to advise me through the process of bringing one of my ideas to fruition(if you think the idea is worthwhile and you can help me through it then the ideas success and hopefully anything to be gained from it would obviously belong to you too), for me it would be like gold and would be extremely well appreciated. Is there a way we could comunicate, perhaps via e-mail? If you'de rather not I completely understand, but if so please let me know.
Iether way, thank you very much for taking the time to come here and drop a few pearls to the novices.
Thanks
Allon
Resource links
by coffeeho » Thu Sep 20, 2007 12:43 pm
- coffeeho
- White Belt
- Posts: 2
- Joined: Mon Sep 10, 2007 12:34 pm
Hi Rodney,
besides trying to match our schedules to call you or play forum-tag, are there some links or specific guidance that you'd recommend for the licensing process?
Thanks!
besides trying to match our schedules to call you or play forum-tag, are there some links or specific guidance that you'd recommend for the licensing process?
Thanks!
by Michelle » Thu Sep 20, 2007 9:12 pm
-
Michelle - Black Belt
- Posts: 1529
- Joined: Wed Oct 11, 2006 7:27 am
You can start with the inventor information section of our website on Licensing.
http://inventorspot.com/licensing_invention
It's probably a good place as any to start.
Michelle
http://inventorspot.com/licensing_invention
It's probably a good place as any to start.
Michelle
fun un !!!
by gold5979 » Sat Oct 17, 2009 3:05 am
- gold5979
- White Belt
- Posts: 5
- Joined: Tue Sep 22, 2009 8:46 pm
This is a troll thread. It has to be.
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wow, aion, warhammer and aoc is very good!
Re: You want to really learn how to license?
by Roger Brown » Sun Oct 18, 2009 4:43 am
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Roger Brown - Black Belt
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- Joined: Mon Oct 30, 2006 2:53 pm
- Location: USA
Hi Bigga,
Why would you be willing to just give away your idea to someone just to see if you were right. I see you have only been here a short time. Take the time to read through the links Michelle listed and learn from the other people here what you need to do to succeed. There are plenty of threads here that can help any Inventor answer a number of questions. You are giving up before you even get started. This is a learning curve for everyone. I have several products on the market and still learn new things every day about this business. If you give your first idea away you have learned nothing of the process so you would be right where you are now and still giving away your next idea.
Why would you be willing to just give away your idea to someone just to see if you were right. I see you have only been here a short time. Take the time to read through the links Michelle listed and learn from the other people here what you need to do to succeed. There are plenty of threads here that can help any Inventor answer a number of questions. You are giving up before you even get started. This is a learning curve for everyone. I have several products on the market and still learn new things every day about this business. If you give your first idea away you have learned nothing of the process so you would be right where you are now and still giving away your next idea.
Come visit my sites at http://www.RogerBrown.net
or http://www.looking2license.com
I have gotten 9 products licensed spending less than $100 on each, you can too.
or http://www.looking2license.com
I have gotten 9 products licensed spending less than $100 on each, you can too.
Re: You want to really learn how to license?
by jackbnimble56 » Sun Oct 18, 2009 7:50 pm
-
jackbnimble56 - Brown Belt
- Posts: 860
- Joined: Thu Mar 26, 2009 11:28 am
- Location: Massachusetts
Bigga
I would listen to Roger if I were you and if you have an idea that you really think is good, you may get him to collaborate with you and I believe he would only ask for a 25% stake. Do I have that right Roger?
Jack
I would listen to Roger if I were you and if you have an idea that you really think is good, you may get him to collaborate with you and I believe he would only ask for a 25% stake. Do I have that right Roger?
Jack
Nimble Jack Enterprises - Innovative Solutions to Everyday Problems
To purchase the Magic Toob product visit: http://www.magictoob.com/
To purchase the Magic Toob product visit: http://www.magictoob.com/
Re: You want to really learn how to license?
by Derek Pater » Mon Oct 19, 2009 12:57 am
- Derek Pater
- Brown Belt
- Posts: 517
- Joined: Fri Jul 25, 2008 3:11 pm
- Location: Melbourne Australia
You want to really learn how to license?
by Rodney Long » 21 Nov 2006 12:04
Guys I invent, and I license my inventions
That's why I was invited here
I'm going to teach those who want to learn how, I'm going to teach you what an invention needs to be to get licensed, I'm going to teach you how without wasting time or money, and the hardest part,, I'm going to tell you when to drop an invention, because it can't be licensed.
It is true many inventions can make an inventor a decent living if they venture them, and these inventions would not be considered by any manufacturer, until after you can "prove" they have a market, then it might be possible to license them.
This may be what some inventors want to do,, and fine, go that route, different strokes for different folks, you will have a much better chance with more inventions that way. I personally would rather bang them out, let someone else do all the work, and I go to the mail box every month for the checks
It took me almost 5 years to learn how to invent "for" manufactures, and these are the inventors customers, not the consumer, when you plan on licensing your invention instead of venturing it.
The condensed version of the key to successful licensing is the three "rights" No invention licenses without them
You must first find the "right" problem
You must invent the "right" solution
You must choose the "right" manufacturer to license it to
I will cover each of these in detail, if there are enough inventors who care about learning how to invent for a living, I'm not talking about people who have one invention, and they have bet the farm on it, if it fails, they quit.
Sure it might be a few here have the first two rights, they just need the third, heck we can handle the third in under 30 days, That's the easy part.
I've never had one that had the first two rights take more than 30 days to license, most under two weeks, one I had a contract in a just 12 hours from the idea, to a faxed contract (took 8 days to get the check though)
A little about me
I worked in engineering, and maintenance up until 1999, with over 300 inventions in use today in heavy industry, none of these were consumer products, but trade secret process equipment, and machines. In 1999 I licensed my first invention, and quit my day job (big mistake), after the sales on it flopped, because of me not knowing how all this worked, I was stuck, and I was sunk. I decided I would invent as an independent for a living. I was a great inventor I knew, what I didn't know were the hard ropes of being an “independentâ€
Hi Rodney Long,
Can you provide some web links to your work please; I would like to see some of them, are you based in China? That would be an ideal base to do what you do!
you Sound like most of us learning the hard way
www.inventionsecrets.net
Re: You want to really learn how to license?
by Derek Pater » Mon Oct 19, 2009 10:13 pm
- Derek Pater
- Brown Belt
- Posts: 517
- Joined: Fri Jul 25, 2008 3:11 pm
- Location: Melbourne Australia
Re: You want to really learn how to license?
by Derek Pater » Wed Oct 28, 2009 3:19 am
- Derek Pater
- Brown Belt
- Posts: 517
- Joined: Fri Jul 25, 2008 3:11 pm
- Location: Melbourne Australia
Quotes By Rodney Long below
Realistically most inventions will take from 4 to 12 weeks to License and Inventors need to be aware of this, even my first Invention the Roofing Protractor, the manufacture took 7 days to decide but the other processes still takes time like patent searching and contracts drawn up etc.
If Inventors pushes to hard for the $$$, they can quite easily burn the deal, if it is a 2-3 Million dollar outlay for the Manufacture expect it to take 12-26 weeks, lots of factors at play.
I do like the Product must speak for its self comments it’s so true!
www.inventionsecrets.net
Sure it might be a few here have the first two rights, they just need the third, heck we can handle the third in under 30 days, That's the easy part.
I've never had one that had the first two rights take more than 30 days to license, most under two weeks, one I had a contract in a just 12 hours from the idea, to a faxed contract (took 8 days to get the check though)
Not "some" cases, the invention must speak for it's self in all cases.
Because the "product" must speak for it's self to the consumer, the manufacturer knows this.
All you really need is some good drawings, I prefer CAD drawings, over even three D, most manufacturers prefer the same in a submittal.
By the way, never send anything un solicited , you ask before sending, or it will end up in the trash, not even considered
Realistically most inventions will take from 4 to 12 weeks to License and Inventors need to be aware of this, even my first Invention the Roofing Protractor, the manufacture took 7 days to decide but the other processes still takes time like patent searching and contracts drawn up etc.
If Inventors pushes to hard for the $$$, they can quite easily burn the deal, if it is a 2-3 Million dollar outlay for the Manufacture expect it to take 12-26 weeks, lots of factors at play.
I do like the Product must speak for its self comments it’s so true!
www.inventionsecrets.net
Re: You want to really learn how to license?
by Derek Pater » Sat Oct 31, 2009 12:34 am
- Derek Pater
- Brown Belt
- Posts: 517
- Joined: Fri Jul 25, 2008 3:11 pm
- Location: Melbourne Australia
Hi Rodney,
I like your post's and were are you?, you have a lot to offer!
maybe you could show us your method's like viewtopic.php?f=43&t=3502&start=40
Share your secrets please, for everyone, this forum is the best way to help Inventors achieve what you have done!
www.inventionsecrets.net
I like your post's and were are you?, you have a lot to offer!
maybe you could show us your method's like viewtopic.php?f=43&t=3502&start=40
Share your secrets please, for everyone, this forum is the best way to help Inventors achieve what you have done!
www.inventionsecrets.net
You want to really learn how to license?
by Rodney Long » 21 Nov 2006 12:04
Guys I invent, and I license my inventions
That's why I was invited here
I'm going to teach those who want to learn how, I'm going to teach you what an invention needs to be to get licensed, I'm going to teach you how without wasting time or money, and the hardest part,, I'm going to tell you when to drop an invention, because it can't be licensed.
It is true many inventions can make an inventor a decent living if they venture them, and these inventions would not be considered by any manufacturer, until after you can "prove" they have a market, then it might be possible to license them.
This may be what some inventors want to do,, and fine, go that route, different strokes for different folks, you will have a much better chance with more inventions that way. I personally would rather bang them out, let someone else do all the work, and I go to the mail box every month for the checks
It took me almost 5 years to learn how to invent "for" manufactures, and these are the inventors customers, not the consumer, when you plan on licensing your invention instead of venturing it.
The condensed version of the key to successful licensing is the three "rights" No invention licenses without them
You must first find the "right" problem
You must invent the "right" solution
You must choose the "right" manufacturer to license it to
I will cover each of these in detail, if there are enough inventors who care about learning how to invent for a living, I'm not talking about people who have one invention, and they have bet the farm on it, if it fails, they quit.
Sure it might be a few here have the first two rights, they just need the third, heck we can handle the third in under 30 days, That's the easy part.
I've never had one that had the first two rights take more than 30 days to license, most under two weeks, one I had a contract in a just 12 hours from the idea, to a faxed contract (took 8 days to get the check though)
A little about me
I worked in engineering, and maintenance up until 1999, with over 300 inventions in use today in heavy industry, none of these were consumer products, but trade secret process equipment, and machines. In 1999 I licensed my first invention, and quit my day job (big mistake), after the sales on it flopped, because of me not knowing how all this worked, I was stuck, and I was sunk. I decided I would invent as an independent for a living. I was a great inventor I knew, what I didn't know were the hard ropes of being an “independentâ€
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