By Jack Lander
Locate the cash you want to convey your invention to lifestyles! you could have an excellent concept - yet until you discover the perfect financing, your innovations may possibly by no means get past the workstation. With All i would like Is cash, you will find out the right way to safe the investment you must make your invention a truth. hundreds of thousands of strength traders are searhing for an outstanding proposal to get at the back of -- and All i want Is cash is helping you discover them. particularly, the ebook exhibits you ways to:
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Extra resources for All I Need Is Money: How To Finance Your Invention
The most easily ﬁnanced inventions are the ones that we abandon before we spend a lot of money on them. I’m not being a killjoy here. I’m just saying that if your invention won’t make it in the marketplace, then it is better to know SIX TASKS TO CONVERT YOUR IDEA INTO A PRODUCT that before spending a few thousand dollars on it. You’ll need that money for your next great idea or invention. You can also obtain valuable advice about your invention by soliciting advice from potential customers—preferably with a well-prepared questionnaire.
What’s your bra cup size? A Yes B C D and up No 20. Do you wash your bras in the washer? If yes, are you satisﬁed with how they come out? Yes No If no, why not? Yes No 21. Do you do anything special in order to wash your bra? If yes, what? 22. What is your age? ” Investors know that brilliant inventions without an equally brilliant demand can be a dud. Sometimes, a graph is used to measure marketability, as shown below. new technology •a b• existing market new market existing technology Your invention is represented by the dot.
Prototype prices will run from a few hundred dollars to several thousand. One of my clients was recently quoted $25,000 by a New York university for a relatively complicated invention that involved a heating chamber and motorized platform. Another client who invented a key-assist device for persons with severe arthritis in their hands paid less than $400 for his prototype. Whatever the price, if it is fair, this is a “cost of entry”: one of the costs to develop your invention so that you can license it or produce it.
All I Need Is Money: How To Finance Your Invention by Jack Lander