How do I take a new recipe idea and make money from it?

Question

I invented a cool food combination that could possibly be bottled and sold all over America! Well I'm not 100% sure yet lol. How do I get the ball rolling? I tried to research online but don't know what are the right keywords. Need all the help and advice I can get! Thanks!

Answer 1

After doing some research I came up with this little tidbit-


Food Inventors Network Seeks Innovative Food and Beverage Ideas at Nationwide Series of Roadshows

Download this press release as an Adobe PDF document.




Established food and beverage companies look toward independent inventors as a lucrative source of licensable product ideas.

Manchester, NH (PRWEB via PRWeb Direct) August 3, 2006 -— The Food Inventors Network today announced a series of “Roadshows” for fall 2006 and spring 2007. Each weekend-long Roadshow offers food entrepreneurs and inventors an opportunity to give a confidential presentation of a food-related idea to a panel of industry experts. Inventors receive valuable feedback and suggestions for bringing their idea to market. The Food Inventors Network hopes to find novel ideas that it can help bring to market through licensing. When an idea is identified as a good fit, the Food Inventors Network will take the necessary steps to advance the idea and maximize the product’s chance for success.

The Food Inventors Network is a division of Big Idea Group (BIG), the leader in open source innovation in consumer product goods. BIG’s Roadshow model has proven to be highly successful in leveraging the country’s most fertile source of innovation—the independent inventor. Companies turn to BIG and the Food Inventors Network to help them find innovative new product ideas. BIG has amassed the largest independent inventor network in the world, which provides a powerful source of idea generation.

“If you are an executive looking for your company’s next big idea, you want 8,000 people – not 8 people – doing the R&D work on your behalf,” said Michael Collins, president and CEO of Big Idea Group. “Innovation is the cornerstone of business success, yet corporate America struggles to find rich sources of innovation in a cost-effective manner. Independent inventors are this country’s richest source of innovation. Until now, business leaders didn’t know how to access the inventor community, and conversely, independent inventors had no process for exposing their ideas to companies.”

In recent years, many established companies have discovered that using outside resources to augment their internal R&D function is essential to staying competitive. Food Inventors Network acts as a cost effective channel for third-party innovation. Inventors get honest, confidential, and no cost feedback in addition to possible licensing opportunities. Ideas are welcome at all stages of development from raw concept to finished product. Roadshows are the most direct way for inventors to get feedback about their ideas.

Roadshow Schedule:

Manchester, NH—Aug. 25, 2006
Boston—Sept. 14, 2006
Minneapolis—Oct. 14-15, 2006
Los Angeles—Nov. 4-5, 2006
Seattle—Mar 2007
Chicago—May 2007
New York—July 2007

Registration online: http://www.FoodInventors.net
Phone: [phone]

About Food Inventors Network

Food Inventors Network, a division of Big Idea Group (BIG), partners with major food and beverage companies to help them discover the next “big idea”. By tapping the pioneering minds of inventors worldwide for new ideas in food, beverage and related packaging, the Food Inventors Network has developed a powerful model for new product development. Either through open call Roadshows, targeted Idea Hunts, or direct submissions, the Food Inventors Network evaluates thousands of ideas on behalf of companies and helps match entrepreneurs with the companies that want to license their products. BIG and the Food Inventors Network are headquartered in Manchester, New Hampshire and can be found on the Web at www.foodinventors.net and www.bigideagroup.net.

Contact:
Lila Kahn
Food Inventors Network
175 Canal St, 5B
Manchester, NH 03101
[phone]
www.foodinventors.net



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Answer 2

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Answer 3

I'll get a patent for it. then i will start selling it to neighbors, at work, friends and family members, if this works enter it in all kind of food competitions and contests. Then if you win you'll benefit from the exposure and maybe get a contract with a local manufacturer or market to get some kind of production up and running so you can start selling locally in a couple stores and on line. Then make sure that a lot of people writes to all the food network travel food shows about how good is your stuff so they can come to you and make a segment on one show. Then work hard and probably harder than ever in your life to get it off the ground and all over the place.

Answer 4

Don't re invent the wheel. There are lots of ways to make money. louanching a new product onto the market is very difficult.

If you want to make money visit my site

Goto

http://www.brfc.ws/3stepplan2.html

It does not get any better than this Honest

I will help you all the way, Carl

Answer 5

Make sure it is marketable get enough together then put out an add saying you want to collaberate with some people on a cookbook then you all get royalties everytime a copy is bought.

Answer 6

Get Paid Taking Surveys - http://OnlineSurveys.uzaev.com/?zESY

Answer 7

look up how to create my own ingredients labels .Your local community college can also help I can't think of the name maybe university extension center. they can help you apply for your ingredients label help in designing your packaging and help you apply for government funding. My friend started grandmas homemade egg noodles this way.

Answer 8

first check into getting a Patton on it so that nobody can steal the idea from you then go from there

Answer 9

experiment
then perfect it again and again and again
then get a taste tester