I forgot to mention that I am piss poor. I'm a nobody pissant. However, I have taken some big fish down.
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!
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
https://www.google.com/search?q=pat...&safe=active&ssui=on#spd=16714993203872897602 You've probably got this already. There are others but this is the Classic.
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.
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.
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.
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.
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.
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.
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.
The only real reason to get a patent is to protect yourself from someone else stealing your idea and demanding royalties from your sales.
Something to think about and get ideas. https://smallbiztrends.com/2017/02/handmade-business-ideas.html
thanks. I kinda a like the hat designer one. I was thinking about a turbocharged propeller beanie hat.