KDickson
New Contributor
Hello Fastlane,
Been lurking for a few months and I finally have a need to branch out and fish for ideas on how to move forward. I have a product idea that will be canned and applied to articles of clothing. The idea itself still needs to be tested as I'm not entirely sure if what I want it to do is even possible. I reached out to the only connection I could think of, an old acquaintance who's a Pharmaceutical Chemist. I pitched the idea to him and asked if he'd be willing to help me come up with a few prototypes. A few Shark Tank jokes later and he said he was all on board. We talked about a few things and he even shared a product idea that he had with me that was unrelated, but related to Biochemical engineering I suppose. And now he's been radio silent for about a week and hasn't responded to me.
I'm trying to be patient with him but I'm hitting wall after wall trying to come up with ingredient ideas myself. So it might be time for me to branch out and actually hire a professional, contract and all.
Two questions I have in regards to that. First being, roughly how much would seem reasonable to invest in an idea when I'm not sure if it's even plausible yet.
Second being if anyone had any ideas on what type of companies/freelancers should I be looking for in regards to validating this type of product. Should I be looking into a provisional patent to protect the idea temporarily? Is a provisional patent possible for a hypothetical product that doesn't have a finalized ingredient list?
Been lurking for a few months and I finally have a need to branch out and fish for ideas on how to move forward. I have a product idea that will be canned and applied to articles of clothing. The idea itself still needs to be tested as I'm not entirely sure if what I want it to do is even possible. I reached out to the only connection I could think of, an old acquaintance who's a Pharmaceutical Chemist. I pitched the idea to him and asked if he'd be willing to help me come up with a few prototypes. A few Shark Tank jokes later and he said he was all on board. We talked about a few things and he even shared a product idea that he had with me that was unrelated, but related to Biochemical engineering I suppose. And now he's been radio silent for about a week and hasn't responded to me.
I'm trying to be patient with him but I'm hitting wall after wall trying to come up with ingredient ideas myself. So it might be time for me to branch out and actually hire a professional, contract and all.
Two questions I have in regards to that. First being, roughly how much would seem reasonable to invest in an idea when I'm not sure if it's even plausible yet.
Second being if anyone had any ideas on what type of companies/freelancers should I be looking for in regards to validating this type of product. Should I be looking into a provisional patent to protect the idea temporarily? Is a provisional patent possible for a hypothetical product that doesn't have a finalized ingredient list?
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. :-)
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.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- 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!
Join Today
