inventions and ideas

Discussion in 'Member Casual Chat' started by Gorgeous George, Jun 17, 2019.

  1. Gorgeous George

    Gorgeous George Well-Known Member

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    I remember that. He won, eventually.
     
  2. Gorgeous George

    Gorgeous George Well-Known Member

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    I could easily make the parts. There are only two of them.
     
  3. Gorgeous George

    Gorgeous George Well-Known Member

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    I forgot to mention that I am piss poor.

    I'm a nobody pissant.

    However, I have taken some big fish down.
     
  4. HereWeGoAgain

    HereWeGoAgain Banned

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    Yeah, then you would be out of luck. :D
     
  5. HereWeGoAgain

    HereWeGoAgain Banned

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    Then unless you have something that you think is truly revolutionary, where you expect to sell millions, your best option is to just make them and sell them. A lot of people have some small sales niche, produce a product themselves, and make a supplemental but not a substantial income.

    But with any product, "sales" is where the rubber hits the road. The key is to identify your target market. identify your options for online sales. Make a few to finalize your design. Determine the cost, time, profit margin, etc. Then get your product online. A lot of the game these days is getting internet traffic. There are optimization services and whatnot to help with search engines and the types of searches that find your product. But that too can get a little spendy. Places like Etsy or maybe even Ebay are probably your best bet. If the product is mainly for older people, maybe you could get a banner on facebook or something like that. You can probably get marketing advice for free by searching.

    The sneaker can be the cost of liability insurance. If your product could conceivably result in damage to a home, or bodily harm to someone in the home, then you need insurance.

    One of my products is a robot that runs around a factory with 1 ton beams. You can imagine what my insurance agent thought of that one!
     
    Last edited: Jun 19, 2019
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  6. liberalminority

    liberalminority Well-Known Member

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    is it possible for this robot to become self aware, and if so how will you manage the artificial intelligence in a more productive way
     
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  7. tecoyah

    tecoyah Well-Known Member Past Donor

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    3D printing!...get a loan if you need to.
     
  8. HereWeGoAgain

    HereWeGoAgain Banned

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    It already is. That's why they have to give it coffee breaks.
     
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  9. liberalminority

    liberalminority Well-Known Member

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    very bad business decision
     
  10. HereWeGoAgain

    HereWeGoAgain Banned

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    How do you know when a sex robot achieves consciousness?

    When they get a headache....
     
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  11. Aleksander Ulyanov

    Aleksander Ulyanov Well-Known Member

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  12. liberalminority

    liberalminority Well-Known Member

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    did they replace cherry 2000 with sugar babies, it was suppose to come by the late 80's early 90's

    upload_2019-6-22_10-58-39.jpeg
     
  13. BuckyBadger

    BuckyBadger Well-Known Member

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    You should. Look at the Sham-Wow guy.... before his hooker problems. It doesn't really take much to get an idea going, it's always 1% inspiration, 99% perspiration..... but really, a great idea, patent and after that, it's all leg work. If you can afford a late night TV spot, "As Seen on TV" those are huge moneymakers.
     
  14. Andrew Jackson

    Andrew Jackson Well-Known Member

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    Hell yeah. Ron Popeil.
     
  15. HereWeGoAgain

    HereWeGoAgain Banned

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    Riiiiiiight. Do you have any idea what the success rate is for new products?

    30,000 new consumer products are launched annually, 95% of them fail. And this is mostly for companies with established product lines.

    1 out of 5000 inventions have successful product launches.
    https://aspriegel.wordpress.com/2010/11/24/invention-success-rates-odds-of-inventor-success/

    The fact is, most serious inventors end up in bankruptcy.
     
    Last edited: Jul 2, 2019
  16. BuckyBadger

    BuckyBadger Well-Known Member

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    You miss 100% of the shots you don't take.
     
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  17. Old Man Fred

    Old Man Fred Well-Known Member

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    My wife is an intellectual patent attorney, and from what I gather if you market a product that garners a high volume of sales it will almost immediately be replicated by a myriad of Chinese companies and your patent is essentially worthless unless you have millions to spend on enforcing your property rights.
     
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  18. Old Man Fred

    Old Man Fred Well-Known Member

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    We no longer live in an age of centralized, subtractive manufacturing and brick and mortar retail.

    For most consumer products you could easily set up a largely automated process in your garage, and market it online

    I highly doubt he's under the impression of having a national product rollout with major distribution with the weight and pressure of moving a million units.

    From what he's stated thus far I would build several prototypes, find some service plumbers and buy them lunch, introduce them to the product, and offer it to them for free, or offer some from of class on plumbing repair at the local senior center with a small pitch that includes his product.
     
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  19. Gorgeous George

    Gorgeous George Well-Known Member

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    Probably the best advice I've heard so far. I've decided to do that when I get a few bucks saved up.
    It's not much of a problem making a prototype and mini manufacturing it.


    at least my name for it will become famous like "Formica". Maybe.
     
  20. HereWeGoAgain

    HereWeGoAgain Banned

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    But don't be a fool in the process. You made it sound easy, which shows you have zero experience. Taking a product to market requires a HUGE investment of time and money. And by far, most fail.
     
  21. BuckyBadger

    BuckyBadger Well-Known Member

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    Fools chase hookers and continually berate others for something they themselves can never achieve. "It's too hard" is just an excuse.. If everyone thought like that, we wouldn't be flying all over the world in commercial jets or putting satellites into orbit. Or crunching Data into smaller devices. People wouldn't be stretching the imagination and perfecting their craft, finding new ways to make people smile and make their lives easier.

    Inventing and designing doesn't need to take away your life savings nor does it mean a life of poverty if you fail. There are plenty of ways to bring something to market, commercially or otherwise. It's not the doom scenario you make it out to be. Yes, people fail all the time in business, even with sound business plans. It's not the end of the world. Your doom and gloom is just nonsense, to say the least.

    1% inspiration, 99% perspiration.
     
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  22. Old Man Fred

    Old Man Fred Well-Known Member

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    The only real reason to get a patent is to protect yourself from someone else stealing your idea and demanding royalties from your sales.
     
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  23. tecoyah

    tecoyah Well-Known Member Past Donor

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  24. Gorgeous George

    Gorgeous George Well-Known Member

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  25. Gorgeous George

    Gorgeous George Well-Known Member

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    Meh, It wouldn't be the first time I failed.:razz:
     

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