I am fascinated with Marketing & would like to transition into the field. I am using yahoo! answers to meet some of you people who have the jobs that I want. Tell me what there is to know....
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Is there a company or otherwise that would pay good money to buy my money making concepts?
I have several strong concepts which could fulfil their potential with the help of a third party. Any advice on this subject would be greatly appreciated.
Ok, from my understanding you hope to hook up with a third party who will help you market your concepts. Somewhat venture capital (in the form of cash or connections or both).
Be prepared to significantly discount the value of your concept unless its a proven one, in which case you wouold have managed to go it alone without the help of a third party. And be care ful that so called due diligence being carried out by your potential partners does not turn ouit to be brainsucking.
P.S. A brief on your concepts would have allowed all those who reply to your question to be more specific
Fluke
Get your idea's Patented and approach businesses. Good luck!!
eflatsharp
The answer's a lemon
chuchoi
The best way is to do it yourself. As soon as you let the cat out of the bag, any company will tell you they're not interested. As soon as you leave, they market that very idea under their own name.
The problem with patenting is that it costs something like $10,000 to patent something. And you might need a lawyer to help you do it, unless you're serious about learning the process.
khun_parinya
Will you be a bank?
Nimbus
develop a working business model with a business plan and if they are good then you will have plenty of takers, not enough just to have a good concept, you need to show that they will work.
churie78
Use your money making concepts to make some money then use that money to fund your money making concept.
dinocruz53
Yes there are companies that would be willing to pay good money to buy your concepts. But you would probably make a lot more money if you brought it out of the concept stage and into a prototype or actual working phase.
Usually the ones where the inventor has a better chance of getting paid is when he or she has some special knowledge or expertise that the buyer can not readily duplicate.
But otherwise if it's easy to duplicate the temptation to simply copy your concept is really strong.
An investment banker once told me, there are a million and one ideas out there. What makes your worth acquiring?