Selling off an invention

[Twoply 0]

Has anyone had any luck with handing and invention off to a company for them to market and sell off to a big outfit?

I'm good with coming up with ideas, but terrible with all the marketing hoo haa.

Anyone?

[shermanator 4]

I've been thinking of something myself, but have no idea where to start.

CLICK HERE! new blog posted 9/21/08
CSA #720

[billvon 3,120]

>I'm good with coming up with ideas, but terrible with all the marketing
>hoo haa.Anyone?

Build 100 of them with contract labor. Sell them at a loss one at a time. Get them reviewed. Then either start a company and sell them or go to a company with the reviews (and thus proven market acceptance)

[riddler 0]

Here's a better idea to make money. Look around for other people's ideas that are just beginning to make market penetration. Blatantly copy the idea, make a few cosmetic changes and call it your own. Get some minor V.C. people to back you, hire people to construct 10 times more than your competitor (remember, it was them that stole your idea), and get the best marketing company out there to make sure everyone hears about your product before they hear about the other guy's.

Get a partner to help you go public, shore up the stock with false claims about expected earnings, then sell to a struggling F500 company that wants to look like a winner again, all before the FTC warrants, investor suits and patent claims come rolling in.

With your extra cash, you can do your own V.C. for the next round, or use your rep to get a mainstream V.C. to back you for something REALLY big. I could name a few dozen "entrepreneurs" who did just this.

Trapped on the surface of a sphere. XKCD