i have a improved product for the automotive industrie i would like to sell outright, i have a couple of company's that want to give royalties, but this is not what i want to do unless it is the only option i here of people selling ideals all the time i just don't know how to get in touch with them,i have it drawed out & explained all i need is some body that is into that field of business to help me get it sold, i know it is a good ideal and would save money plus improve the part that is availible now.
please e-mail attn: debbiecliff
2006-06-14 16:45:01 · 2 answers · asked by Anonymous in Business & Finance ➔ Investing
Is this an ideal, or an idea? I'm messing with you, but there's a difference between the two. Let me warn you, before you approach ANYBODY about selling your idea, make sure you have a patent... and it'll cost you. Mine's going to cost about $20,000, and likely take a few years -- don't know about yours. I know it sounds like a waste of money, but imagine how you'd be kicking yourself if you invented the post it note, and let all that royalty money just slip down the toilet. Then you get the fun task of presenting it to companies that can implement it. Or you can start a company... but that's not easy, and you're likely to make a lot of mistakes. Have a good time with it. Hope that helps.
2006-06-14 17:05:17 · answer #1 · answered by wood_vulture 4 · 0⤊ 0⤋
If someone is already interested and will pay royalties then there is someone willing to buy it. It does take a lot of writing to get it done. I hope you have protected your idea because if you send it some places they will use it and forget about you. Many times royalties are the best. If it is good and becomes the norm then it could bring you good money for the rest of your life.
2006-06-15 00:01:44 · answer #2 · answered by Anonymous · 0⤊ 0⤋