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I have started to sort out my plan, and even posted about a little in the thread called "which is the more logical choice?" Its about my struggle mostly. I think Im on a much clearer path now.
Heres my plan:
Ive been working on an invention for awhile. I came up with it about 18 months ago. I took it to a trade show last year, and everyone loved it. I filed for a provisional patent, and recently filed for the patent.
I struggled at first, because I thought I had to start a business to make alot of money. I spent countless hours reading about starting a business. I filed papers with the state, and found out all I could. Read books, and articles on websites, went to workshops, and counsuling, all that crap.
After all the work, and all the sleepless nights worrying, and all the time wasted talking to other business owners, etc... I ran across MJs book. I bought it, and read it. I loved it.
It changed the way I think about this whole thing. I dont have to manufacture this thing myself. And why would I want to? Why go into work everyday, to crack the whip at factory workers to make myself miserable for 70+ hrs a week, and a pathetic salary? Sounds like a job.
So, I gathered myself, and made a few phone calls I should have made months ago.
I was referred to a guy who has recently been through a few licensing agreements in the same industry Im in. And he has agreed to open a door with a major manufacturer, and get me in to see the Executive team, or whoever it will be who makes the decisions on these matters.
I spent over 16 months chasing my tail, and watching things fall apart, only to make more progress in 2 days by opening my mind, and thinking a little. I removed the thought of "you have to do it this way", and said "to hell with that, Im making this up as I go." I can do it however it works.
So, the plan is this: Ill finish the patent, and file a couple of provisional patents on other things I have come up with. Ill make an appointment with this company, and pursue a licensing agreement. Once an agreement is reached (maybe with this company, maybe not, but it should go well) Ill mention a few of the other ideas vaguely of course, and the fact that Ill be pursuing patents on them as well, and see what they think.
At this point, Ill have to play it by ear, as it could go several ways. Im sure there are scenarios I cant even imagine at this point. Im going to concentrate on the first idea, and the licensing for it. And this ( Potent Fastlane #2- Innovation, page 246) is one of the specific ways the book mentions as a fastlane approach, or "Rapid Wealth: The Interstates".
Im excited, because one deal can be the start of several. And if one is lucrative, 6 or 7 should be downright crazy lucrative. Of course, Im also a "dont count your chickens before they hatch" kind of guy.
We will see. Im cautiously optimistic at this point. And Ill post updates and results here.
Heres my plan:
Ive been working on an invention for awhile. I came up with it about 18 months ago. I took it to a trade show last year, and everyone loved it. I filed for a provisional patent, and recently filed for the patent.
I struggled at first, because I thought I had to start a business to make alot of money. I spent countless hours reading about starting a business. I filed papers with the state, and found out all I could. Read books, and articles on websites, went to workshops, and counsuling, all that crap.
After all the work, and all the sleepless nights worrying, and all the time wasted talking to other business owners, etc... I ran across MJs book. I bought it, and read it. I loved it.
It changed the way I think about this whole thing. I dont have to manufacture this thing myself. And why would I want to? Why go into work everyday, to crack the whip at factory workers to make myself miserable for 70+ hrs a week, and a pathetic salary? Sounds like a job.
So, I gathered myself, and made a few phone calls I should have made months ago.
I was referred to a guy who has recently been through a few licensing agreements in the same industry Im in. And he has agreed to open a door with a major manufacturer, and get me in to see the Executive team, or whoever it will be who makes the decisions on these matters.
I spent over 16 months chasing my tail, and watching things fall apart, only to make more progress in 2 days by opening my mind, and thinking a little. I removed the thought of "you have to do it this way", and said "to hell with that, Im making this up as I go." I can do it however it works.
So, the plan is this: Ill finish the patent, and file a couple of provisional patents on other things I have come up with. Ill make an appointment with this company, and pursue a licensing agreement. Once an agreement is reached (maybe with this company, maybe not, but it should go well) Ill mention a few of the other ideas vaguely of course, and the fact that Ill be pursuing patents on them as well, and see what they think.
At this point, Ill have to play it by ear, as it could go several ways. Im sure there are scenarios I cant even imagine at this point. Im going to concentrate on the first idea, and the licensing for it. And this ( Potent Fastlane #2- Innovation, page 246) is one of the specific ways the book mentions as a fastlane approach, or "Rapid Wealth: The Interstates".
Im excited, because one deal can be the start of several. And if one is lucrative, 6 or 7 should be downright crazy lucrative. Of course, Im also a "dont count your chickens before they hatch" kind of guy.
We will see. Im cautiously optimistic at this point. And Ill post updates and results here.
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Tunivjoph moli e tvepf us e foggisipv lopf ug qifem gus iyenqmi?:tny4:
