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Here's a way to take your idea(s) and DO something about it

Idea threads

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Alana

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If you’re anything like me you have a couple of ideas at any given time. If you are constantly thinking of new products but only have them scribbled on napkins piled up near your desk, then consider the following:

-Read One Simple Idea (by Steven Key)…I realize this book has been suggested a million times on this thread, and yet the question of ‘I have an idea…what should I do’ continue to be posted on this forum on almost a daily basis. Read. The. Book.

-There is a website that is recommended by Steven Key (he interviews the CEO of it in an Podcast interview back in 2008 that I stumbled upon) called Edison Nation:

(Submit your product ideas to retailers, manufacturers and As Seen on TV (ASOTV) at Edison Nation).

Edison Nation has been briefly mentioned on this forum before, so I thought I’d mention it more in depth this time. Edison Nation is the leading online community and resource dedicated to inventors and idea people that helps independent inventors get their ideas, products and patents commercialized. In a nutshell, you submit your idea to Edison Nation and they move it through a process (they have various teams that handle the idea at various phases: from patent pending review to manufacturing a prototype to licensing the idea to a big company). You pay $25 dollars to submit your idea and you can watch your idea move through the stages (granted, not every idea is going to be a success, but at least you can see how far it goes). If your idea DOES make it to the last stage (ie: it’s submitted to companies and it gets selected), then you split the licensing royalties with Edison Nation 50/50 (and you get $2,500 up front for ‘winning’).

As I said, that’s it in a nutshell (and I’d be happy to tell you more about it if want more information-just PM me). I have submitted an idea (it’s still in the process of being analyzed). If anything it helps you truly think about your idea, as they ask you questions about it from ‘who is the target customer,’ ‘who is the target buyer,’ ‘who are the competitors and why is you idea different/better,’ etc.


Lastly, because I am signed up on Edison Nation I am allowed to invite friends to sign up; when I send E.N. a friend’s email they send them a coupon for a free submission. If anyone wants to take advantage of it, send me a PM.


Note: I am in no way selling anything or promoting any site for anything other than I just wanted to share—that’s all there is to it.


Best o’ luck!
 
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Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
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  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

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