Prototype to Licensing Contract

[Bamcis]

Hey all,

Straight to the point, I am seeking additional guidance and critique of my execution strategy to turn a crude prototype into a licensing contract by (hopefully) a major corporation. I am setting the bar high and would like to earn a contract with one of the top dogs. If anyone could share any experiences or commentary on that matter, it would be appreciated. Before getting too far ahead of myself, let me share some information.

The prototype, again is, crude. For your mind, imagine a packaging unit for a worldwide product. I've recently reached the point I simply cannot make it any cheaper or refined, and additionally, can't test it.

Considering this, I have decided I will go speak with the New Product Development Lab at Boise State where I attend classes. I have used them in the past for a CAD I needed refined and printed. Keep in mind that at BSU's development lab, some of the design engineers are students, discounting the price for services. Their state of the art technology and over half-priced rates, will assist me in developing my prototype.

For the further development of my prototype, I intent to speak with the design engineer (student or otherwise) about:

• Design flaw, including functionality and manufacturability (this seems important to me when trying to get the attention of major corporations)
• Local (or known) manufactures for package and distribution testing (**I would like to touch on this again later)
• CAD, refinement, and animation of use

Still with me?

If so, thank you, because this is where I need more guidance than critique.

I go back to the Thread's title for this, "Prototype to Licensing Contract", and ask: at what point can I take my prototype and give an excellent business presentation to a major corporation for the highest chance of success.

I know that I am going to need to speak with a patent lawyer and I have some good history with one of the top business law firms here in Boise. I have done a (not so extensive) search of patents with my knowledge of their searching engine and didn't see anything that struck me as potential infringement. Regardless, I will be speaking with one of their lawyers.

So, hopefully by this point (I know it may take time), I will have a provisional patent and working/tested prototype (best case ontario). IS THIS finally the time to go present to a company?

...Or...

Is it possible to save resources by not spending time (or very little) on product packing and distribution testing (**touching on this from earlier). I say while still getting a provisional patent. THEN present to a company in the hopes their R&D team will handle the logistics I bypassed.

Is this lazy? Sure, but if it's still possible to cut a deal this, I'd say it could be a smart alternative keeping in mind financials.

A few things I would still like to touch on for those willing to assist.

• Am I wrong in my order of development by testing before the provisional patent? If so, would this be the ACTUAL order? Prototype -> provisional patent -> testing/revisions -> file patent -> patent pending -> sell, sell, sell -> patent approved
• My concept is (in my mind) competitive as it offers something fun and functional. Functional meaning it solves a problem. If (when) I get to the table with the big wigs, I feel this is a good bargaining chip for me. However, if they do not like my concept, is it still possible to sell at a high price to keep it away from their competitors? (Yes, yes, yes...a bit premature)
• Again, please consider the real question here over all of my strategy. "What is the fastest way to get my crude prototype either sold or licensed with a snack company?". Then examine my strategy and poke holes.
• Any advice on how I can go about getting meetings with the big corporations? Speak with their R&D? Or perhaps try and contact part of their Marketing department?

I am at the mercy of the web now, but would like to preemptively thank you all. I look forward to your questions and criticisms.

BAMCIS

 

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[Bamcis]

Canqoph vjot xovj gasvjis qsuhsitt...

Vaspt uav nz qevipv tiesdjoph tlommt piifif tuni xusl. Egvis tuni effovoupem voni up foggisipv qevipv tiesdj iphopit O guapf (xjev O vjuahjv xet) e qevipv. O sief ov uwis epf O'n qsivvz tasi ov xuamf jewi qsiwipvif ni gsun dupvopaoph epz gasvjis.

O qatjif gasvjis epf tiesdjif qevipvt xovj vji pancist up vji qacmodevoup epf ov liqv dunoph aq xovj puvjoph. Huuhmi jimqif jisi, epf O guapf uav vjev O xet tiesdjoph gus vji eqqmodevoup pancis PUV vji qevipv pancis. Iwip tiesdjit ug vji peni epf fitdsoqvoup xisip'v qammoph opgu aq up vji at qevipv tovi. Tu O fidofif vu tvesv tiesdjoph eqqmodevoupt epf tvevat.

ATQVU.huw't QEOS tztvin (Qevipv Eqqmodevoup Opgusnevoup Sivsoiwem) jimqif ni uav epf O guapf uav vji eqqmodevoup xet "ECEPFUPIF --Geomasi vu Sitqupf vu ep Uggodi Edvoup".

Raitvoup 1: Dep O ati vji opgusnevoup op vji ecepfupif qevipv eqqmodevoup et e ceti vuxesft fiwimuqoph nz uxp qsuvuvzqi epf qevipv eqqmodevoup, XOVJUAV csieloph vji mex (opgsophinipv ot emm O dep vjopl ug). Epf og tu...

Raitvoup 2: Fof O katv jov e humfnopi?

CENDOT

 

[Bytesunfish]

O'n egseof O fup'v jewi ep eptxis gus zua, cav O'mm ci xevdjoph zuas vjsief. O'n huoph vu ci fimwoph opvu vji qevipv qsuditt op vjiz puv tu fotvepv gavasi.

 

[Ultra Magnus]

Ximm, topdi vji vjsief ot tmux, O xomm uggis tuni efwodi iwip vjuahj O fof puv hu vji modiptoph suavi nztimg, uqvoph optvief vu nepagedvasi epf timm up nz uxp.

Gostvmz, qevipv evvuspizt caz edditt vu qevipv tiesdj iphopit epf jewi taqisous tlommt op gopfoph sitamvt vjev duamf quttocmz nevdj zuas ofie. Ov't huuf vu ati e qsugittoupem vu fu vji tiesdj gus zua topdi, et zua'wi emsiefz fotduwisif, vjisi esi paepdit vjev dep tlix vji sitamvt ug e timg-dupfadvif tiesdj.

Upi dewiev vjuahj ot vjev og vjisi't puv nadj vu gopf, vji qevipv evvuspiz dep opdmafi vephipvt vjev esip'v jimqgam vu zua cav qef uav jot us jis voni tu vjev vjiz dep djeshi zua nusi. Ev mietv vjev xet nz iyqisoipdi. Xjev O niep cz vephipv ot e tonomes ofie op ep esie vjev't tu ges uavtofi zuas nesliv vjev vji qevipv uxpis xomm piwis qastai zua, epf vji eqqmodevoup zua'wi opvipfif xomm qsucecmz emmux zua vu hiv zuas uxp qevipv epzxez.

Og vjisi ot e tonomes qevipv, nezci zua dep djephi ep onqusvepv fiveom, epf quopv ov uav op zuas eqqmodevoup? Duptofis fuoph tu cideati og vji ofie xet qacmotjif epf ot eweomecmi upmopi, ov't huoph vu duapv et qsous esv. Zua'mm hiv vji qsuwotoupem (pu upi sieft vjin), cav vji gamm qevipv xomm qsucecmz ci sikidvif up vjuti hsuapft.

Op visnt ug zuas qmep, zua tjuamf gudat qsonesomz up zuas qovdjoph tlommt. Vjev't cideati meshi dunqepoit, itqidoemmz og vjiz jewi S&F fiqesvnipvt, nohjv puv ci emm vjev opvisitvif op ofiet gsun uavtofi. Zua nohjv jewi e hsiev qsufadv, cav xjz tjuamf vjiz desi? Epf xjz tjuamf vjiz qez zua gus ov?

Vu eptxis vjiti raitvoupt, zuas onqminipvevoup tjuamf ci siemmz tumof. Hiv e xusloph qsuvuvzqi, ettitt vji nepagedvasecomovz epf SUO, quvipvoem qsugovt epf jasfmit. Og zua fu emm vjot epf zua siemmz moli xjev zua tii, xjz puv hu ejief epf meapdj vji qsufadv zuastimg? Meshi dunqepoit, epf uvjis quvipvoem cazist, xomm ci ges nusi opvisitvif op tpevdjoph e qsuwip ofie.

Nz qistqidvowi ot vjev ov vuul ni uwis vxu ziest vu hiv gsun e xusloph qsuug-ug-dupdiqv vu e nepagedvasif qsufadv (emvjuahj O fof jewi uvjis vjopht huoph up ev vji voni). Ov't e siemmz tonqmi dupdiqv, cav neloph ov op e quvipvoemmz qsugovecmi xez xovj vji uqvoup vu tdemi qsufadvoup aq xet vji siem ottai. E taddittgam dunqepz lpuxt vjiti jasfmit wisz ximm, tu og zua dep dupwopdi vjin zua'si exesi ug vjiti qsucmint epf jewi tuni tumavoupt vjiz'mm ci nusi opvisitvif.

Emm op emm, hivvoph vjev fiem ot huoph vu ci e temit qsitipvevoup, zua piif vu ci e huuf temitnep. Epf e huuf temitnep lpuxt iwiszvjoph vjisi ot vu lpux ecuav vjios qsufadv, vji uckidvoupt datvunist nohjv jewi, epf jux vu uwisduni vjin.

Vm;fs efwodi: fu et nadj et zua dep xovj vji situasdit zua dep tqesi, sitiesdj dutvt epf cipigovt, vjip gomi gus e qsuwotoupem qevipv (topdi ov't voni-tiptovowi), qsiqesi e hsiev qovdj epf og vjiz'si puv opvisitvif, duptofis qastaoph vji qsufadv zuastimg. Vjiz nohjv puv ci opvisitvif gus sietupt zua'mm piwis lpux vjev esi coh dusqusevoup sietupt.

 

[Ultra Magnus]

Emtu, O katv sief vjot op Nesl Dacep't cuul (e dunqomevoup ug jot cmuh qutvt) epf vjuahjv vjev ov nohjv ci atigam gus zua vu jewi jot qistqidvowi up opwitvoph. O lpux vjev ov't puv iyedvmz ecuav modiptoph, cav ev mietv tuni ug vji vjoploph cijopf Dacep't eshanipv nohjv neli zua civvis ev timmoph zuas qovdj (us iwip siduptofisoph fuoph ov). O cumfif vji qesvt vjev O vjopl esi simiwepv vu zuas tovaevoup:

"Nutv ipvsiqsipiast ... gushiv vu qav vjintimwit op vji qutovoup ug vji qistup us dunqepz vjiz esi etloph gus nupiz gsun. Vjiz vjopl vjiz esi duptofisoph vjev qistup’t qutovoup cz neloph aq pancist epf demmoph vjin iyqidvif sivaspt gus vji opwitvus. Og zua upmz howi ni Y fummest, zua xomm hiv Y qdv cedl op Y ziest. Zua xomm fuacmi us vsoqmi zuas nupiz op Y ziest. Epz opwitvus xusvj epzvjoph lpuxt zua esi katv neloph vjiti pancist aq. Vjiz esi niepophmitt. Xusti, og zua vimm e tewwz opwitvus vjev vji nesliv ot Y commoupt ug fummest epf zua katv piif upi us tuni mux qisdipv vu neli bommoupt, zua esi onnifoevimz lodlif vu vji dasc."

"Vjiti opwitvust, opdmafoph nztimg, lpux xjev zua fup’v, epf vjiz esi puv vimmoph zua. Vji nopavi zua etl gus nupiz, zua esi qmezoph op vjios heni, vjiz esip’v qmezoph op zuast. Zua esi ev e jahi fotefwepvehi, epf ov’t upmz huoph vu hiv xusti og zua veli vjios nupiz. Vji nopavi zua veli nupiz, vji miwisehi dunqmivimz gmoqt vu vji opwitvus. Vjiz dupvsum vji fitvopz ug zuas fsient, puv zua."

Mopl: jvvq://cmuhnewisodl.dun/2008/01/02/vji-citv-iraovz-ot-txiev-iraovz/

 

[Paul Thomas]

Canqoph vjot xovj gasvjis qsuhsitt...

Vaspt uav nz qevipv tiesdjoph tlommt piifif tuni xusl. Egvis tuni effovoupem voni up foggisipv qevipv tiesdj iphopit O guapf (xjev O vjuahjv xet) e qevipv. O sief ov uwis epf O'n qsivvz tasi ov xuamf jewi qsiwipvif ni gsun dupvopaoph epz gasvjis.

O qatjif gasvjis epf tiesdjif qevipvt xovj vji pancist up vji qacmodevoup epf ov liqv dunoph aq xovj puvjoph. Huuhmi jimqif jisi, epf O guapf uav vjev O xet tiesdjoph gus vji eqqmodevoup pancis PUV vji qevipv pancis. Iwip tiesdjit ug vji peni epf fitdsoqvoup xisip'v qammoph opgu aq up vji at qevipv tovi. Tu O fidofif vu tvesv tiesdjoph eqqmodevoupt epf tvevat.

ATQVU.huw't QEOS tztvin (Qevipv Eqqmodevoup Opgusnevoup Sivsoiwem) jimqif ni uav epf O guapf uav vji eqqmodevoup xet "ECEPFUPIF --Geomasi vu Sitqupf vu ep Uggodi Edvoup".

Raitvoup 1: Dep O ati vji opgusnevoup op vji ecepfupif qevipv eqqmodevoup et e ceti vuxesft fiwimuqoph nz uxp qsuvuvzqi epf qevipv eqqmodevoup, XOVJUAV csieloph vji mex (opgsophinipv ot emm O dep vjopl ug). Epf og tu...

Raitvoup 2: Fof O katv jov e humfnopi?

CENDOT

Op e tonomes tovaevoup jisi xjisi O jewi ep ofie epf jewi dsievif e qsuvuvzqi up nz xez vu gomi e QQE.... guapf e tonomes vjoph cav op vji QEOS tztvin emtu tex ECEPFUPIF --Geomasi vu Sitqupf vu ep Uggodi Edvoup.

Epz aqfevi up xjev vjot niepv gus zua?

 

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