Harvey Reese Associates - Money4ideas.com

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fc07

posts: 5

Oct 28, 2007 7:06 AM ET Quote Report Abuse

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Has anyone used the services of Harvey Reese Associates - Money4ideas.com and if so would you recommend them?

GetAGrip

posts: 99

Oct 31, 2007 8:29 AM ET Quote Report Abuse

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I have heard of them and researched them a little, from what I understand he is very good, but also very picky about the products he takes on. I believe that we submitted a product to him very early on, he passed. Big mistake for Harvey. Anyway, from what I hear, he is reliable.

-------------------------

Trent Rousey
President - 3R Products, Inc.

4Hisglory

posts: 1

Jan 10, 2008 4:29 PM ET Quote Report Abuse

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Iwas also curious about money4ideas. Have you found out anymore information about them since your last post or have you found any other resources that might help someone with ideas get them produced?

fc07

posts: 5

Jan 10, 2008 6:25 PM ET Quote Report Abuse

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I contacted them twice their first reply looked promising so I sent a follow up inquiry. To date I have not recieved an answer, I can only assume the type of product was of no interest to them however I did not reveal the product details so no harm done. I have sourced many other websites that have loads of helpful advise and info on ways to bring products to market.

I have decided to set up a business to produce, market and supply my products. I know it will be a long road with many obstacles but I am looking forward to it and even if I don`t make it to the end every road has something of interest along it, I know I will learn lots along the way.

To find these websites just keep browsing the internet with words like "Product Marketing" "Ideas to Market" etc, I am sure you will find sites with the info you need.

Also read up on using product development companies who offer assistance in this area it could be time well spent!

fc07

GetAGrip

posts: 99

Jan 14, 2008 2:20 PM ET Quote Report Abuse

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fc07,

I did just what you are trying to do. If you would ever like some free advice or help with anything, I am always trying to help new inventors. Just contact me on here if you would like. thanks, Trent

-------------------------

Trent Rousey
President - 3R Products, Inc.

CMugs

posts: 11

Jan 16, 2008 6:12 PM ET Quote Report Abuse

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I have looked at his web site very closely and have a few things that make me leery:

1) Quality of his licensed products shown on the web site

2) Lack of any financial results

3) No references offered

4) I read book reviews of his books on Amazon and they make you think twice.

5) There is nothing listed with the Better Business Bureau in PA on his company

I am not ruling out his service but will look for further info. on him and his company.

If anyone learns more please share.

aurin

posts: 1

Jan 26, 2008 4:11 PM ET Quote Report Abuse

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I contacted them also and I sent a inquiry, and payed $ 185.
I have recieved an answer, I can assume the type of product was to high level and so no interest to them. So i am searching to bring my product -development to market.

CMugs

posts: 11

Jan 26, 2008 6:06 PM ET Quote Report Abuse

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I emailed "money4ideas" a few questions and recieved a response as follows:

1) Can you provide references of people whose products you have successfully licensed?
2) Can you share any financial results of products you have licensed?
3) Your web site shows a few products licensed. Is there a more comprehensive list available?
4) Are you listed with the Better Business Bureau? I could not find a listing in PA.

response
Hello Craig:

I don`t supply the kind of information you`re requesting because it suggests
that I`m being interviewed for the job as your licensing agent -- but that
is not a job that I`m applying for, nor is it one that you can appointed me
to. My only offer, and the only fee involved ($185), is for me to evaluate your
product idea and report back with my impressions, suggestions,
recommendations and estimations as to the idea`s commercial value. There is no guarantee
or promise that I`ll be sufficiently impressed with the idea to offer to take
it further -- and even if I do, you don`t pay me anything. If that was not
your impression, then I`m glad for this opportunity to offer an explanation.

Cordially,
HarveyReese

My first question he felt I was interveiwing him and "yes" I was trying to get a reference before handing over $185. Question 2 and 3 were not answered and question 4 -most quality companies are listed with the BBB.

I feel like the organization is really no different than many other inventions websites offering to help. I would guess "money4ideas" makes most their revenue evaluating ideas.

MattC

posts: 36

Apr 05, 2008 10:20 AM ET Quote Report Abuse

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CMugs- I agree with you. He doesn`t have a few people that he`s worked with that he could refer you too? Sounds weird.

The fact that he was so rude in his email to a potential customer gives you a good indication of what he would be like once you were his customer.

I`d steer clear of this guy....

pres

posts: 27

Apr 06, 2008 5:00 PM ET Quote Report Abuse

Points: 0 Vote

Harvey lives in my hometown. I contacted his office and he replied directly to me that in order to get the ball rolling - even for a meeting since I lived literally a few miles away - I would have to submit to his company. I found his rsponse direct not rude in the least.

I elected not to but based in great deal because of the information I read on his site. Have you taken the time to read the information on Harvey`s site? Ths info alone is worth more than the <$200 for submission to his company. And using his blueprint as my guide, I have contacted companies about my product.

Who knows, I might use Harvey`s services in the future. But he even tells you on his site that the inventions he deals with are decidedly low-tech. And if he takes on your project, the deal seems fair, given that all you would have to do is sit on your butt and have his company do all the work. Plus, I have not seen his name pop up on the list of bad invention marketing-related sites.

We`re talking <$200. Why should he provide you with references? If you don`t want to pay and submit, at least check out what he does offer for free on his site - comprehensive information. That advice alone is worth more than the cost of making a submission to his company. I don`t understand the basis of the criticism.

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