[Noisebridge-discuss] From Steven Reed - inventor

[Jonathan Foote]

+1 to Taylor.

Not only that, there is a sizable industry of hucksters claiming "we
will patent and market your invention! [for a small *cough* fee]".
Caveat inventor.
But having said that, from today's NYT:

http://www.nytimes.com/2011/06/12/business/12proto.html



On Sat, Jun 11, 2011 at 9:37 PM, Taylor Alexander <tlalexander at gmail.com> wrote:
> Hey Steven!
> Maybe I was misunderstanding you, but I have some thoughts on selling ideas.
> I don't have a lot of personal experience with this, but I can say that most
> of the time, "ideas" are worthless. I've heard murmors of toy companies
> buying ideas from people, but I'm not even sure those were real stories. I
> think the vast majority of the time you'll get nowhere trying to sell just
> your idea. To make money, you have to turn your idea into a product
> yourself, and sell the product. The real value of a product is about 1% idea
> and 99% implementation.
> Think about it: myspace and facebook both had the same idea, but facebook is
> worth billions and no one wants to buy myspace. People in the business world
> know this, so they don't put much value on ideas alone.
> I've been working on my own startup lately, and reading a lot
> (StartupDigest, VentureHacks, Paul Graham's essays - all good reading), and
> the one thing I hear over and over is that ideas are worthless.
> So maybe I misunderstood you, but if you are just hoping to sell your ideas,
> you may end up disappointed. If you have any good ones, I suggest building a
> prototype and seeking funding to start a company around it yourself!
> Good luck!
> -Taylor
>
> On Sat, Jun 11, 2011 at 8:33 PM, Steven Reed <sreed.inventor at yahoo.com>
> wrote:
>>
>> My name is Steven Reed. Currently I work full time for a construction
>> company as a construction estimator, but my passion is inventing. I feel
>> that my mind has evolved over time in such a way that I can look at existing
>> products or systems and see them in a new and different light. I have dozens
>> and dozens of new ideas I devised over the last several years that would
>> fill several areas of the consumer market including automotive, household,
>> electronic, toys, fashion, entertainment, technology, and computer genres.
>> What I need to know is if there is anyone here that is able to help me to
>> get any one of my product ideas licensed and sold. Please let me know if you
>> have nay questions. My email is sreed.inventor at yahoo.com. Thanks.
>>
>> Steven Reed
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>
>
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