Financial Investment
What is the safest way to find a company to produce and market your invention with no financial investment?
I need to know how I can get my invention produced and marketed with no money out of pocket, without getting ripped off, and if a company did handle it, what percentage would I get? Thanks
IMHO all the invention promotion and development companies you see advertised on TV and the internet are scams. Their business is basically to sell you a brochure and about an hour of market research that you could do yourself on the web in as much time. If you do not file a patent application for your invention, then disclosing it, marketing it or selling it, may cause you to lose all future rights and make it liable to copying by anyone without royalties to you. However, you can take the first step and get some patent protection for 1 year, without a lawyer by filing a “provisional application” yourself directly with the US patent office. The cost is $80. and you get a year’s breathing time to find out if your invention has commercial potential while still protecting any patentable aspects of it. There are dangers and pitfalls in the process. You can get all the info you need at the US patent office website: www.uspto.gov.
But …… most ‘inventions’ have no commerical value at all – particularly if they originate with someone who is not active in the relavent industry. If you are looking for others to finance the patenting, development, production and marketing of your product, then you will need to have a extensive and professional quality description and promotional package to shop it around. You can do it yourself, but it’s a lot of work. Step one ….. is to get expert knowlege of the details of the appropriate industry, do the research and now the market opportunity thoroughly ….. so convincingly that others will be willing to put their $ at risk. What can you get? Most inventors overestimate the value of their ‘idea’ and underestimate the value of everything else that goes into making and selling a product. For an appliance or hardware device with a solid issued US patent behind it, you might get as much as 3 – 5% of the sellling price, but more likely in the 1% range. For a software or system product, the numbers get bigger. But …… no company or investor is likely to look seriously at anything, unless you have demonstrated your committment to it by Investing your own time and money in patenting and researching it and it’s market.
www.theFREDreport – Weekly Conference Call 02/17/11
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BUSN2A-00195 Photo Mugs Depositors making a run on a bank during a financial panic in the 1800s. Hand-colored woodcut of a 19th century illustration…. |
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New York financial district during a crisis, 1800s Photo Mugs Financial panic on Wall Street, late 1800s. Hand-colored woodcut of a 19th-century illustration…. |
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New York financial district during a crisis, 1800s Photo Mugs Financial panic on Wall Street, late 1800s. Hand-colored woodcut of a 19th-century illustration…. |
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60 Minutes to Power $12.65 … |
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BMV Quantum Subliminal CD Investment Skills: Build Your Financial Portfolio (Ultrasonic Subliminal Series) $14.99 Program your subconscious mind to improve your investing skills, maximize profits on your investments and successfully build your portfolio. Create amazing results using state-of-the-art subliminal and brainwave entrainment technologies. Tune your brainwaves to specific frequencies by listening to this CD! Program your subconscious mind for positive lasting results, created by a Certified Hypnothe… |
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10 Steps to Financial Success: A Beginner’s Guide to Saving and Investing $32.5 How to save and invest today for a secure financial tomorrowA sound financial plan is absolutely essential for reaching your long-term goals, whether you want to purchase a new home, pay for a child”s college education, or create a retirement nest egg. In this invaluable new guide, investment advisor W. Patrick Naylor provides a 10-step, easy-to-follow savings and investing program that will help you build a secure financial future. A flexible system that can be tailored to your income and risk tolerance levels, this proven strategy shows how to: Set short-, intermediate-, and long-term financial goals Establish a budget based on fixed and variable expenses Organize your banking for maximum benefit Create a separate fund for unforeseen emergencies Develop a 3-tiered investment strategy that includes mutual funds, dividend reinvestment programs (DRIPs), and individual growth stocks Monitor your investments regularly by determining your net asset value (NAV) |
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101 Reasons to Own the World’s Greatest Investment $21.95 PRAISE FOR 101 Reasons to Own The World”s Greatest Investment Robert Miles clearly understands the company well. -Warren Buffett Every Berkshire follower should be interested in this book. -Alice Schroeder, insurance analystMorgan Stanley. . . a great learning tool for investors . . .will inspire you to learn about great companies and become engaged in your own financial future. -From the Foreword by David and Tom GardnerCo-Founders of The Motley Fool, Fool.com |
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2007 Econoday Investor’s Daily Diary $11.27 The definitive desk references for forward-looking finance professionals Easy to understand and accessible, the 2007 Econoday Investor’s Diaries are proven learning tools with detailed charts and graphs depicting economic and financial statistics, exchange rates, and commodity prices over a ten-year historical period. Each calendar provides comprehensive access to major economic events that are being released and helps to educate investors by not only providing in-depth descriptions of market moving indicators but also explaining how these indicators effect market trends. Econoday, Inc. (Lafayette, CA) has published financial guidebooks that include an entire year of economic and financial information since 1990. They specialize in providing economic information to corporate and individual investment clients. |
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50 Urgent Things You Need to Do Before the Millennium: Protect Yourself, Your Family, and Your Finances from the Upcoming Computer Crisis! $28.71 ARE YOU PREPARED FOR THE BIGGEST CRISIS EVER TO THREATEN MODERN CIVILIZATION?The Y2K computer crisis, the inability of computers to recognize the two-digit year 00 , is about to affect every aspect of our lives.This may well be how the new millennium starts: — There’s no electricity, water, or telephone service– You can’t refill your prescription — your pharmacy is unable to access your health plan’s records– You won’t receive a Social Security or VA check for months — the government is in complete chaos– All ATMs are down — no bank transactions are possible and there’s a shortage of currency– Airplanes can’t fly, traffic lights don’t work, and cars with computer systems can’t be operated– Your balances at your bank or investment company, your credit card records, your insurance policy, and any contracts you hold are in dire jeopardy…and that’s just the tip of the iceberg!But you can protect yourself, your family, and your assets…and even take financial advantage of this once-in-a-millennium event. From protecting your finances and your credit to properly stocking your pantry and medicine cabinet, to making copies of important documents, discover step by step the… |
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A Beginner’s Guide to Charting Financial Markets $16.96 This book is about arming investors with one simple tool that will enhance the investment decision-making process – the chart. It is not the Holy Grail and even if applied exactly as offered there is no guarantee that the reader will be successful. But owning a high quality hammer is no guarantee that the user will build a beautiful house. The hammer is a tool and in most cases the user will still need other tools – and knowledge – to build that house. What this book will do is give the reader the basics needed to look at a chart and get a feel for what the market or individual stock is doing. It will cover only the nuts and bolts of chart analysis, barely touching upon the next level concepts and definitely leaving the whiz-bang stuff well alone. |
