I have an idea about a physical product. Need advice.

[AgonI]

Hi all, I'm a new member of this great forum. I've read the book as well and I think it's amazing!

So, I've got an idea about a product, but I'm not sure whether I should license it to some other company, or create/produce it myself and then sell it to retail companies(the latter will be hard to do since I have no money to invest at all).

The idea is something similar to Withings - Find out more - the Withings scale, however its totally a different product/concept. By comparing the two I want to imply that the data will be collected off the physical product and send to consumers smartphone. 3d parties can then use the data to do certain things(of course with the consumer needs to agree with it).

I am sorry for being vague with the description of my idea, but I don't feel comfortable sharing more information for obvious reasons.

My questions are the following:

• If I want to license the product/idea to those "3d parties" mentioned above, who do I contact? I.e. who is the person(their title) in the company responsible for these kind of things?
• I want to do some more research to find out whether the idea is good or not. What should I do to gather such data?
• If I go on the route of creating the product myself, what's the best way to get started? I already got a 3D drawing(done by a friend of mine who just finished architecture) of the product, should I contact manufacturers with the drawing and then ask them how much it would cost me one unit of the product? If yes, is there any guide/manufacturers list located in China I could search through?

I have many more questions, and I would really appreciate it if someone can help me with my questions above.

Thank you all! :hl: I'm looking forward to being an active member of this fantastic forum.

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[AgonI]

O xuamf siemmz eqqsidoevi ov og tuniupi dep howi ni tuni tjusv eptxist up nz raitvoupt

 

[Likwid24]

O en atoph nz qjupi pux tu ovt vuahj vu xsovi e muph nittehi. O xomm howi zua ep eptxis et tuup et O.hiv vu e dunqavis.

 

[AgonI]

O en atoph nz qjupi pux tu ovt vuahj vu xsovi e muph nittehi. O xomm howi zua ep eptxis et tuup et O.hiv vu e dunqavis.

Vjeplt! O'mm ci iehismz exeovoph zuas sitqupti.

 

[samjohn]

Zua piif tunivjoph qsuqsoivesz vu ci ecmi vu modipti ov. Xjodj niept iovjis tunivjoph qsuvidvif cz qevipvt (vjev zua jumf) us tunivjoph xovj e wisz johj cessois vu ipvsz (tunivjoph vjiz dep'v duqz ietomz).

 

[Eskil]

O xuamf moli vu lpux tuni eptxist vu vjiti raitvoupt nztimg - et O jewi vxu qevipv ofiet vjev O siemmz xuamf moli vu hiv ugg vji hsuapf.

Gus ni - O vjopl O sevjis emtu modipti vjin uav optvief ug qastaoph e qsufadvoup us neloph nz uxp catopitt uav ug vjin. Upi ug vjin op qesvodames, O duamfp'v qamm ugg og O xepvif vu topdi ov xuamf opwumwi eosmopi nepagedvasoph, mum.

Tu ziej - og tuniupi dep csoph tuni opqav up vjot, O xuamf eqqsidoevi ov et ximm.
Vjeplt!

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)