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Creating a new invention

D

debonair23

Junior Member
I have an idea for a new invention, but the problem is that I am on the business management end of things and this invention requires electrical engineering, which I have no skills in.

I have been looking around for companies or individuals who can do this sort of thing, but I have not come up with anything that looks good to me. I found several companies, but their websites all look very unprofessional and I'm not too sure about their quality of work if they can't even put up a decent website. I definitely don't want to go blow thousands upon thousands of dollars for a piece of junk in return. I also don't have any connections in this field so I have not been able to find any individuals who I can work with.

If anyone here does this sort of thing, or knows a person/company who does, please contact me. I would like to find a person or company who I can either pay one lump sum to in exchange for a prototype, or possibly someone who is willing to go in 50/50 with me on this business venture. If we're going the lump sum route, then minimal costs would be best in my situation. As for the invention itself, I don't want to give out many details here for obvious reasons, but it relates to video surveillance. Thanks Everyone!
 
Myth #1: A brilliant idea will make you rich.

Reality: A brilliant idea is neither necessary nor sufficient for a successful business, although all else being equal it can't hurt. Microsoft is probably the canonical example of a successful business, and it has never had a single brilliant idea in its entire history. (To the contrary, Microsoft has achieved success largely by seeking out and destroying other people's brilliant ideas.) Google was based on a couple of brilliant ideas (Page rank, text-only ads, massive parallel implementation on cheap hardware) but none of those ideas were original with Larry or Sergey. This is not to say that Larry, Sergey and Bill are not bright guys -- all three of them are sharper than I can ever hope to be. But the idea that any of them woke up one day with an inspiration and coasted the rest of the way to riches is a myth.


Good luck.
 
Originally posted by: acemcmac
You need a patent lawyer
Click to expand...

I am already working with a patent lawyer who is within the family, but he doesn't know electrical engineering either and doesn't have any connections in this specific field.

Originally posted by: lokiju
Myth #1: A brilliant idea will make you rich.

Reality: A brilliant idea is neither necessary nor sufficient for a successful business, although all else being equal it can't hurt. Microsoft is probably the canonical example of a successful business, and it has never had a single brilliant idea in its entire history. (To the contrary, Microsoft has achieved success largely by seeking out and destroying other people's brilliant ideas.) Google was based on a couple of brilliant ideas (Page rank, text-only ads, massive parallel implementation on cheap hardware) but none of those ideas were original with Larry or Sergey. This is not to say that Larry, Sergey and Bill are not bright guys -- all three of them are sharper than I can ever hope to be. But the idea that any of them woke up one day with an inspiration and coasted the rest of the way to riches is a myth.


Good luck.
Click to expand...

Did you grab that from slashdot a few days back? I read the same article 🙂
 
I would personally speak with your attorney about your next course of action. What you possibly need to do is find an electrical engineer who will sign a confidentiality agreement and have an attorney write up the contract which will also insist that the ideas is yours and only yours.
 
patent lawyer stat. Patents take a lot of money though. But if the innovation is interesting and consumer-ready (i.e. $$), then you will have no problems selling the patent to a firm or getting venture capitalists..
 
Actually FrankyJunior, thats a pretty good idea. I've been trying to get some college professors around my area to push it for a few months now. I think it would make a great end-of-year project type of thing and I've offered to fund it, but nobody has taken it on yet.
 
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