How can I get paid for my ideas?

Question

I am a very creative person and have many ideas on how various businesses could implement changes or new products that I believe would be very profitable. Even in my own small business I think of solutions for my clients but I usually need another company to implement the idea. How can I approach a company with an idea, being sure that if they implement the idea that I will get paid for it.

Answer 1

You can't.

I worked at Rockwell and a fellow came in with a patented "string trimmer" years ago. Nobody wanted to give him any money.

Take your good ideas and put them with hard work and get your own money. The other good ideas may help to foster your relationship with customers if you give them free.

Answer 2

It sounds like you want to get into the consulting business.

Associations may be a good avenue to explore as well. These organizations will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. See the source box for some relevant links.

Research, research, research – this cannot be stressed enough. Read as much as you can about the industry. Here are some book titles that are relevant:

* How to Start and Run a Successful Consulting Business by Gregory F. Kishel, Patricia Gunter Kishel
* The Consultant's Quick Start Guide: An Action Plan for Your First Year in Business by Elaine Biech
* Getting Started in Consulting, Second Edition by Alan Weiss
* Successful Independent Consulting: Turn Your Career Experience into a Consulting Business by Douglas Florzak
* The Consultant's Manual: A Complete Guide to Building a Successful Consulting Practice by Thomas L. Greenbaum

There are plenty of free informational resources out there. Check the source box for links to articles.

Hope that helps! I wish you much success & happiness in all your ventures!

Answer 3

it really is a fantastically tasty canines. It strikes me as amazing that you've not extremely found out this finished spouse element. deliver her to the basement to fetch some eco-friendly beans from the pantry. Lock the door in the back of her. Pay the expenditures ,sit on the settee, crack open a lager, or come on all the way down to Swanky Frank's and characteristic a canines with me. Watch television, scratch what itches, have a good time. On Sunday at 4 open the basement door and tell her to get upstairs and make you some dinner. You get to shop money and nevertheless get a weekend on my own, with Sunday dinner intact. <--- can make a good husband.

Answer 4

I guess you didn't watch america's greatest inventor on tv.

Each company has a r&d department. If all your ideas are related to one product line, like snack food. That's where to go. Bad news is you may find out a lot of other people had the same idea

Answer 5

I am the same way. If you figure it out, let me know! One thing is for certain, write all of your ideas down now, and they are basically copyrighted right then and there (it will be beneficial to go through formal copyright eventually)...that way you are semi protected. Just make sure you can prove the date of when you created it. Probably should talk to an intellectual property attorney.

Answer 6

I asked myself this same question all my life. I finally realized I must impact significantly the bottom line of a business or situation, as an independent contractor , ie. hired gun to do a short term (in USA) turnaround of (usually) financial status.

Answer 7

You mean you don't get paid for answering questions here?

OMG, I didn't realize everyone doesn't know.