View Single Post
  #33  
Old 05-09-2019, 12:27 AM
Bobbyoutback's Avatar
Bobbyoutback
Registered User

Bobbyoutback is offline
 
Join Date: Oct 2009
Location: Broken Hill
Posts: 378
Quote:
Originally Posted by xelasnave View Post
The reality you need to work with is in many cases there is a short period of manufacture that is profitable so you get in and get out before everyone else is selling the same item. The chances of capitalising on an invention are small and not only because of difficulty protecting your idea...the cost of protecting an idea is very expensive...but for all sorts of other reasons I bet you have not thought about.
Try and work out what the idea is worth..ie its potential market..all going well how many could you sell..or out of the 7 billion people on the planet who will want one..how much will they pay and what is the cost to put it in their hands...getting an idea is a very small part of the game.

Alex
Well Alex ' that was a rave on about what I have already have knowledge of , but shows me how some think

Cheers
Bobby .
Reply With Quote