If you have an idea that's already on the market, how would you make money from it?

Question

Here’s the scenario, you have a Eureka! moment when you come up with a “new” idea or innovation for technology, products, services, etc., when they are similar ideas out there on the market. However, after doing some research on the internet, you find out that your “new” idea isn’t so new; it is either on the market or being developed.

So my question is how do you make your “new” idea something so that it will stick out and differentiate it from similar existing ideas so you can make money?

Answer 1

First of all, ideas aren't on the market, inventions are. Your idea is simply an idea awaiting development and what you'll need to do to make it marketable is to develop it in a manner that no one else has thought of, or use it in a unique way and copyright or patent the application and use. In short, you need to do the work and keep records of everything you do so that you can prove the idea and development are yours and yours alone when and if you ever have to prove them. You will have to if you ever get your idea to the patent or copyright stage.

Good luck.