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Good morning engineerscan sell! After watching a recent segment of The Big Idea with Donny Duestch which included the founder of StartupNation, I immedaitely reviewed the site, and joined! Great information to say the least!! After reading some of your replies to other members, I thought pehaps you could share some of your thoughts/ insight regarding a device that could vitually stop/stall a vehicle from fleeing in the event it was being pursued, thus eliminating the possibility of a high speed chase and the tragic consequences that often follow. It would be simple to operate and would not require law enforcement, nor the consumer to purchase any special equipment. There is no doubt, that Cities/ Municipalities, would embrace a device like this, as they are constanly faced with the liability issues surrounding high speed chases. I, also envision Insurance companies offering discounts to customers who have the device installed on their vehicle. You may be aware of a company called "LoJack" they offer theft deterent and vehicle recovery systems, however, they don`t have anything like I`m describing. I started my first business at age 22-(NAPA AUTO PARTS STORES), and since that time have opened and sold several others. We currently own a Real Estate Brokerage firm and a Real Estate Title Insurance Agency. Even though I have the experience and comfort level regarding new ventures, I also realize what my strenghts and weaknesses are. I truly believe that once this idea/concept goes from theroy to prototype there will be several global companies interested in this product, as it will provide an on going revenue stream. One may be able to simple sell the idea and eliminate the costs of design/manufacturing? However, I`m not sure how you would go about selling a major company an idea? I recently recorded the idea in the USPTO Disclosure Document Program, I`m currently waiting on the return of my dated and stamped copy. In order for this idea to be successful, I will need to partner with someone or company, that not only shares the same vision as I do, but also has the expertise and industry contacts to proceed with the development. I would appreciate any thoughts orcomments regarding this idea.
Best regards,
Ed
