I had an idea for a business for inventions...
Invention Corporation ( I.C. )
Potential inventors would send a short essay and any other info they have on their potential invention to I.C. The company would look over all sent in concepts, and discuss which one(s) are best for an intial investment, say $1k - $5k. This is free money to the inventor, the inventor is under no obligation, except taxes.This grant will pay for futher research, time off work ( if any ), studies, and anything else that will make I.C. want to invest more in the inventor`s concept.The inventor`s best thing to do is make an essay that will blow away the investors. Inventor really needs to wow the investors.
Of course, investors will look over all the second essays, because Invention Corporation will have hopefully sorted out all the most riskiest concepts. Now from here I do not know exactly what might be the best way for I.C. to get paid. Here`s a couple:
I.C. sets a certain amount for investor to buy the "funding rights" from I.C. example: I.C. invested $3k in an inventor and now I.C. sales the inventors rights for an investor to fund the inventors concept. Follow me? This is a way for investors to "haggle" with I.C. for better price.
Silent auction kinda thing. Maybe on SuN`s website. The top bidder get`s the funding rights, or maybe the inventor might also sell the patent and just be done with the whole thing.
I have also had a few other thoughts on how to tweek the business, though, I believe comission should be a big part of it. That means employees have to get things moving to make any money.
I think there would be several first short essays. From their professionals would have to determine which ideas would be a good idea to send money to learn much more about. If I.C. sends $3k to a potential inventor, I.C. better believe the inventor will send back another essay with much more info. This could be determined by professionals, I think...lol.
It`s simple enough, of course to be able to send $1k - $5k, you would need investors for that part, any ideas there, too?
You got to understand me to understand me, understand me?