kawasakirider
PARKED
- Joined
- Apr 17, 2012
- Messages
- 36
Rep Bank
$170
$170
Hi everyone, my name's Trent. I'm 20 and I'm located in Queensland, Australia.
I've been trying to find something in life that will make me financially free and successful. I know that becoming wealthy through entrepreneurship isn't a sure thing, I also know that it's a long and hard road, full of disappointment. However, I'll be damned if I sit back and work like a slave for someone else for the next 50 years to earn 50K a year and not have enough to retire, I'd rather give it a go than wonder "what if".
So, I've explored a few (small time, just for a bit of cashflow until something good comes along) business ideas, from drop shipping things[FONT="][/FONT] to starting my own freelance businesses. But I have come up with an idea that I believe will be extremely successful.
I have searched for it all over the net, it has never been done before. I made a prototype of it today and it worked like an absolute charm. I know what needs to be done to improve it, but I don't have the resources to do so.
So what I want/need to do, is sell the idea to a company. I need to know the best way to go about doing this.
So here are my questions:
How much do worldwide patents cost? I am looking around 100k, aren't I?
Is there anything else I can do, other than shelling out 100K, to protect my idea and be able to safely present it to a company without it getting stolen?
How much could I expect to sell an idea for (obviously it depends on what the idea is, so this will be a bit of a BS question)?
My plan is to refine my prototype, come up with a list of what it needs to be better, then sell the idea to a company or try to somehow obtain royalties from the product.
What I want to do is make a prototype, get a video of it in action (which I already have done today) and then sell the idea, for either a lump sum or royalties.
What I am worried about, though, is showing a company the idea and having it stolen. I don't know how to get something patented and even if I did, I don't think I'd have the money.
Is there a way around this?
What would be the smartest way to go, royalties or just selling the idea?
How do I go about selling the idea safely?
Any help would be greatly appreciated!
Thanks in advance!!!!
I've been trying to find something in life that will make me financially free and successful. I know that becoming wealthy through entrepreneurship isn't a sure thing, I also know that it's a long and hard road, full of disappointment. However, I'll be damned if I sit back and work like a slave for someone else for the next 50 years to earn 50K a year and not have enough to retire, I'd rather give it a go than wonder "what if".
So, I've explored a few (small time, just for a bit of cashflow until something good comes along) business ideas, from drop shipping things[FONT="][/FONT] to starting my own freelance businesses. But I have come up with an idea that I believe will be extremely successful.
I have searched for it all over the net, it has never been done before. I made a prototype of it today and it worked like an absolute charm. I know what needs to be done to improve it, but I don't have the resources to do so.
So what I want/need to do, is sell the idea to a company. I need to know the best way to go about doing this.
So here are my questions:
How much do worldwide patents cost? I am looking around 100k, aren't I?
Is there anything else I can do, other than shelling out 100K, to protect my idea and be able to safely present it to a company without it getting stolen?
How much could I expect to sell an idea for (obviously it depends on what the idea is, so this will be a bit of a BS question)?
My plan is to refine my prototype, come up with a list of what it needs to be better, then sell the idea to a company or try to somehow obtain royalties from the product.
What I want to do is make a prototype, get a video of it in action (which I already have done today) and then sell the idea, for either a lump sum or royalties.
What I am worried about, though, is showing a company the idea and having it stolen. I don't know how to get something patented and even if I did, I don't think I'd have the money.
Is there a way around this?
What would be the smartest way to go, royalties or just selling the idea?
How do I go about selling the idea safely?
Any help would be greatly appreciated!
Thanks in advance!!!!
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