Thread: Early stages...many seedlings, not sure which to water.

For #1 Read the book by Stephen Key One Simple Idea. It gives you a step by step process on inventing and licensing ideas as for the rest of them do your due diligence, there is an abundance of information on Google.com and the best thing is its FREE!!!

1.) Not enough info so ::shrug:: (you can PM me if you want, I have no means of doing anything with somebody else's invention, too many of my own in the queue)
2.) Kiosk driven self storage sounds lame. It's basically like buying into somebody else's franchise unless I'm understanding this wrong.
3.) What sort of thing would you affiliate market? Perhaps you should consider creating a product of your own to promote instead.
4.) Are you asking about information specifically related to sawdust marketing? It's probably a lesson that's best taken as an analogy. Like selling bottled water or selling used veggie oil to biofuel distributors. There might be something out there that you're ALREADY good at, that you're overlooking with the same concept.

I also bet once you find the road that's true to YOU as a person you're not going to need to bother yourself with business loans. All in all, it sounds like the invention is the best option for you. It's the only thing that screams YOU.

Originally Posted by Jablev

) I have an invention idea, but since it's not patented and it's merely an idea I don't want to elaborate. I think it's good, and i don't think it would cost much to make. I'm really in the dark about the entire process of inventing and profiting from it. Any enlightenment from the board would be appreciated. Do i create the product and try to market it myself, or patent it and just try to get royalties?

If you don't have the time, passion, leadership skills, capital and are scared to work your ass off, then you should stick with licensing. It's all that I mentioned, plus way more involved when deciding to create a product and market it yourself. Take the amount of money you think you'll invest and times that by 10. Sames goes for the work you'll put into it if you want it to be successful. If you succeed, you will definitely make more money that way, but if you fail, you'll lose way more.