Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe Community Center
Current Events
Unsafe trucks
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Retired36yrs" data-source="post: 5319027" data-attributes="member: 100065"><p>OK Ricky, pay attention and try to imagine you being in the following position: One day you wake up with an idea. And you research the idea and realize that there is a need for it, and there is no one who has thought of it before. So, you draw the dimensions of this product you have In mind on paper. You don’t have the money to hire someone to engineer it for you, so you reach out to an engineer student to draw it. The student is happy to do so and uses it for a project in their college class. Both people are happy.</p><p>Next, you take your drawing to a fabricator and you pay him to build the idea and make it tangible. </p><p>Next is research and development, because your product has weaknesses. So, you hook up with a business that can use your product and at the same time test its reliability so you can work out the problems. You make a deal with this person that you will give him your product for free for his help.</p><p>Next, you have to research the most efficient way to build this product, itemizing all of its components so that it can be produced cheap enough for you to make money.</p><p>Next you reach out to an attorney to pursue a patent for your idea. You Learn how much it cost to get a patent. It’s a lot.</p><p>You and your spouse discuss the risks and decide to pursue the patent. But you have to sell everything you have to pay for the patent. And you choose to live with a relative as a sacrifice for the risk.</p><p>Next it takes four years and seven applications to the US patent office before you finally get your patent. You are so happy.</p><p>Next, you pay for a Website that shows the world your patented idea. You think that everyone is going to want it. But you learned that it takes more than a website to make sure people see your product.</p><p>So next, you have to spend more money to promote your product so that people will see it. You have to knock on doors, make phone calls, and prove that your idea is great.</p><p>Next, finally you’re beginning to sell your product, but you have to make your own tooling so that the product can be made fast enough for your customers.</p><p>Next you have to train the people who you hire to make your product. And you have to trust that they will Do it the way you want and not steal from you.</p><p>Now, 10 years has gone by and you are just now making enough money from your idea to pay yourself back for your investment and the massive sacrifice and hours that you have put into it. And you get a Calculator and add all the hours that you have put into your idea up to this point. And you calculate how many hours it took you to make the money you are currently profiting. And you realize you made less than a dollar an hour for everything you have made from this business.</p><p>Now you’re gonna give half of that business to an employee that was a tiny component of what the business is. Are you telling me that you would have no problem giving half of your company to someone you hired off the street to make your product?</p><p>Everything that I described to you above is exactly what I had to go through to create perfect shelving solutions, PRFshelving.com.</p><p>There is much that I left out that probably wouldn’t matter to you anyway.</p></blockquote><p></p>
[QUOTE="Retired36yrs, post: 5319027, member: 100065"] OK Ricky, pay attention and try to imagine you being in the following position: One day you wake up with an idea. And you research the idea and realize that there is a need for it, and there is no one who has thought of it before. So, you draw the dimensions of this product you have In mind on paper. You don’t have the money to hire someone to engineer it for you, so you reach out to an engineer student to draw it. The student is happy to do so and uses it for a project in their college class. Both people are happy. Next, you take your drawing to a fabricator and you pay him to build the idea and make it tangible. Next is research and development, because your product has weaknesses. So, you hook up with a business that can use your product and at the same time test its reliability so you can work out the problems. You make a deal with this person that you will give him your product for free for his help. Next, you have to research the most efficient way to build this product, itemizing all of its components so that it can be produced cheap enough for you to make money. Next you reach out to an attorney to pursue a patent for your idea. You Learn how much it cost to get a patent. It’s a lot. You and your spouse discuss the risks and decide to pursue the patent. But you have to sell everything you have to pay for the patent. And you choose to live with a relative as a sacrifice for the risk. Next it takes four years and seven applications to the US patent office before you finally get your patent. You are so happy. Next, you pay for a Website that shows the world your patented idea. You think that everyone is going to want it. But you learned that it takes more than a website to make sure people see your product. So next, you have to spend more money to promote your product so that people will see it. You have to knock on doors, make phone calls, and prove that your idea is great. Next, finally you’re beginning to sell your product, but you have to make your own tooling so that the product can be made fast enough for your customers. Next you have to train the people who you hire to make your product. And you have to trust that they will Do it the way you want and not steal from you. Now, 10 years has gone by and you are just now making enough money from your idea to pay yourself back for your investment and the massive sacrifice and hours that you have put into it. And you get a Calculator and add all the hours that you have put into your idea up to this point. And you calculate how many hours it took you to make the money you are currently profiting. And you realize you made less than a dollar an hour for everything you have made from this business. Now you’re gonna give half of that business to an employee that was a tiny component of what the business is. Are you telling me that you would have no problem giving half of your company to someone you hired off the street to make your product? Everything that I described to you above is exactly what I had to go through to create perfect shelving solutions, PRFshelving.com. There is much that I left out that probably wouldn’t matter to you anyway. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe Community Center
Current Events
Unsafe trucks
Top