Hey Craig,
Thanks for the advice. I guess I`m looking to have a company that is in the industry run with it because of the ease, as well as limiting or removing any possible legal problems down the road. ( people getting in their eyes, or swallowing it, etc. etc. etc. !!! ) However I`m kind of on the fence because I don`t think I can patent this idea, and I`m concerned that any company can "steal" the idea and just leave me out to dry. ( am I really going to get into a court case with a large corporation with a product that I don`t produce myself etc. ? ) So maybe you`re right, I may need to get a good attorney and lock down what it is I can or can`t do. I`ll need a place to make up the package, or at least somewhere I can buy the containers and do it myself. Ahhhh ! There`s so much I don`t know !
Craig,
You make some good points, but the other factors working here are my not knowing how to proceed, how not to get ripped off, and how much money this is going to cost and if I have it. ( since I don`t know the amount ! ) I was trying to find out through this forum if what I proposed to do was legal, however I haven`t been able to ascertain that. So I`m not much further along than I was before. I will have to find an attorney that will give me a free consultation, as I know many do. If it appears that I "should" be able to do it but it will take some investigation, then I`d be o.k.. However I can`t justify paying up front to find out that what I`m looking to do is obviously illegal. I`m sure I`m missing something, maybe that`s not the way it works in this area of the law. I`ll check it out and see. It wouldn`t be the first time I`ve been wrong !!
Craig is a bloody genius, although probably not bloody.
I also tried once to market a product based on another product in hair care. The manufacturer went out of business and I spent months trying to locate this manufacturer to be able to purchase 50 gal. drums of leave-in hair conditioner. If you add 1/4 cup leave in hair conditioner and add almost 1 qt. of warm water, and spray it on wrinkled clothes, the wrinkles fall out. Does not matter, works on rayon, cotton and even silks. (The idea was given to me by my (lazy) ex-husband) but I still use the formula today.
Downy brought the effect to market and now you can by it on the shelf as a wrinkle release, for around $10.00. They must be selling some because it is still on the shelves but you don`t see any competition. Maybe the price?
Any regrets on my part? No. I am so happy I did not go into business with my ex-husband. Wrong business partner.
Weigh all the aspects, if they weigh heavy enough on the plus side, go for it!!
Hey all,
Sorry, still can name the product ! I did hear back from the manufacturer of the product. ( I e-mailed them that I had an idea ) They sent me an e-mail stating that they don`t accept ideas from the public, but then sent me a letter with a form to fill out with the details of my idea. However it is not a confidentialilty agreement, and states specifically that it isn`t one. And that I can only sue for $5,000 max etc.etc. So I`m not going to be sending that back in and give them my idea for nothing. I`m currently trying to find out the formula for their product, if I can`t get that I`ll have to contact a local patent attorney. I may look at one of these invention houses. The problem is that I need a clearer "plan" before I can move forward, and since I`m in the stage of the "legal" stuff, I really don`t know what to do. Everyone I have spoken to in this area hasn`t been able to give me any idea of how much it will cost to find out if what I want to do is do-able. I can get them to tell me it costs $475 for the patent search, then we`ll take it from there. ....or it`s $200 per hour. I don`t begrudge anyone their right to earn a living, however as a Realtor , everytime someone is interested in me selling their house I have to work up a CMA and tell them my price opinion, go over my advertising and marketing plan, etc. All before I even know if they are going to be my client. Then if I do get the listing I have to invest my own money advertising it and get paid only after it sells. Now I`m not expecting this scenario with an investment house or patent attorney, but it would be nice for someone to be able to say " o.k., we do the search first, if we can`t find it then we do this, and it will most likely cost about this much, etc.". At least I would know what to expect.
Ken