Fast lane Idea for anyone with balls and wants the challenge!

[100k]

I will make it nice and sweet.

This product (or any other similar product)

Fully Customizable Electric Skateboard w/ the LaGrange L1 by RedRock Boardshop — Kickstarter

+

1 popular skate boarder (i.e Lil Wayne or Tony Hawk) as the main face of the brand

=

$$$$$$$$$.

Just think... lil wayne goes out and says on his fb/twitter/youtube channel that he has created the "best" electric skateboard... the perfect gift for all boys (and some tom boys ) in the age range 10-30.

And then he goes on some big network shows and mentions it there to.

Trust me, by Xmas the company will have made $100mil. in revenue!

Say it costs them $300 to produce 1 board and it sells for $500 in stores a little less via their website.

I reckon world wide, they could get 1 mil. sales! or At least 100K boards sold!

All you have to do is put everything together and get a 10% stake in the business and give the famous guy 10-20% stake in the business.

Bish bash bosh.... retire :icon_super:

 

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[Vigilante]

So do it

 

[LightHouse]

Why are you fantasizing about it and not trying to do it if you believe it could make you $100M??

If you truley believe that's the case then you are loosing money by not pursuing it...

 

[wade1mil]

If you truley believe that's the case then you are loosing money by not pursuing it...

Unless he's working on a business that is going to make $200 million :idx:

 

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[Entourage]

Say what? Endorsing a product with a celebrity who already is established in the clientelle your industry wants to reach?

And the product is not even yours?

And you have a HUGE production cost? With bad margins?

THIS IS GROUNDBREAKING!

/facepalm

 

[biophase]

LOL at the post. I hope OP was making a joke.

 

[PeteLife]

Well this would be a great idea if you owned the actual product.
So honestly, no celebrity will work FOR you when he can go directly to the source himself, therefore cutting out the middle man (YOU) and instead of making 10-20% ... will be making 50+% since he will be the brand ...

basically what I am saying is that you do not bring any value to any celebrity out there... unless you create an innovative impact on the already existing product ..or aatleast have a killer production and marketing plan that a celeb just can not refuse.

p.s. This post just reminded me of a project I did a few months back for my senior project at school. I had created a "Dual Drivechain Gasoline Electric Trike". Little did I know that I was creating something that was never done before. The project was a success. It incorporated both gasoline and electrical power via a 2 stroke engine and a 36V motor. It was a cool design. Allowed the rider to switch from manually pedalling when he gets tired to electric or to gasoline. The power of choice.
The trike all had independent hand and foot throttles which I created to mirror a harley.

This could be a great product especially with the fact that the world is switching over to alternative energy and methods of fuel transportation.

BUT//// I Donated it to my school, and to my knowledge its been to many engineering conferences over the past few months (I completed it in April just before i graduated in May).

If I actually had the funds I could really make money off of it. But here I am sitting around a desk at work at the moment trying different routes to the fastlane when I already created one.

 

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[wade1mil]

So honestly, no celebrity will work FOR you when he can go directly to the source himself, therefore cutting out the middle man (YOU) and instead of making 10-20% ... will be making 50+% since he will be the brand ...

basically what I am saying is that you do not bring any value to any celebrity out there... unless you create a killer production and marketing plan that a celeb just can not refuse.

This is not true. I have proof and his name is Vigilante.

https://www.thefastlaneforum.com/in...uthoring/39983-licensing-game.html#post213982

 

[Vigilante]

Well this would be a great idea if you owned the actual product.
So honestly, no celebrity will work FOR you when he can go directly to the source himself, therefore cutting out the middle man (YOU) and instead of making 10-20% ... will be making 50+% since he will be the brand ...

basically what I am saying is that you do not bring any value to any celebrity out there... unless you create an innovative impact on the already existing product ..or aatleast have a killer production and marketing plan that a celeb just can not refuse.

---lol---

 

[PeteLife]

This is not true. I have proof and his name is Vigilante.

The Licensing Game

lol ok ill read up on that link... I still dont see why a celebrity will need the regular guy though. I understand a bit about licensing but I see it from a different perspective.

I knew someone who was trying to do something like this and he basically just got shut down and the person (wasnt a celebrity but they had connections), and basically my friend was kicked to the side ...

maybe im relying on one side of this business too much but ill definitely read that link you posted

 

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[PeteLife]

Ive read almost all of Vigilantes threads and I dont know how I missed that one.
Very informative and it gives me a new perspective on the licensing game now.

I may just refer my friend to this thread because I am sure he approached his business contacts the wrong way.

 

[The-J]

A celebrity wouldn't take equity. They'd take royalties with a smile on their face, though.

Selling a stupid skateboard like this would be much harder than getting a celebrity to endorse it.

 

[Vigilante]

Action takers execute ideas.

I don't care if the concept is good or not. You can learn from falling flat on your face.

The OP has no intention of trying this.

Ideas are like assholes... everyone has one.

There were a few elements of the OP's post that were actionable... but not worth correcting as he or she is not going to do it anyway.

Similarly, several of the followup comments were spot on, and a few were equally ridiculous as the original post. Pete --- at least you were willing to broaden your view.

Spend time helping people who are taking action.

Spend zero time helping people who have no shot of engagement.

 

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[LightHouse]

Action takers execute ideas.

I don't care if the concept is good or not. You can learn from falling flat on your face.

The OP has no intention of trying this.

Ideas are like assholes... everyone has one.

There were a few elements of the OP's post that were actionable... but not worth correcting as he or she is not going to do it anyway.

Spend time helping people who are taking action.

Spend zero time helping people who have no shot of engagement.

This one is obvious, but i do seem some people that are putting off the wrong vibe. People i know are action takers and getting blasted on something they post because it sounded the opposite. We got to try to make sure this place doesn't turn into a huge peanut gallery of older members vs new.

This thread however, is a clear indication.

 

[Vigilante]

If I wanted to contact Tony Hawk, I would start here :

Sarah Hall Productions, Inc.
670 Broadway - Suite 504
New York, NY 10012
212.529.1598 (phone)
212.529.3171 (fax)
(press agent)

Jared Levine
Barnes Morris Klein Mark Yorn Barnes & Levine
310-319-3940
(business attorney)

Either one of these people could get you directly connected to his license agent.

A shortcut might be to contact Quicksilver, Inc. who already owns the rights to Tony Hawk clothing. The interesting thing about working with and through Quicksilver is that they already have retail distribution.

ZQK Profile | Quiksilver, Inc. Common Stock Stock - Yahoo! Finance

Within a few phone calls, you could be talking with someone about this idea (if you already knew how and where to get the merchandise from... so that you didn't sound like a boob when you started talking to Tony Hawk's people...)

 

[NaPal]

Good idea, needs execution. The aspects needing solved is the weight of the board, and the battery life.

If this is super light weight and runs more than 1-3 hours on a charge it would be fantastic. I can see the problem of skating to your buddies house fine, then you try to come home and your board is dead. Is there a freewheel switch?

 

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[AllenCrawley]

I had created a "Dual Drivechain Gasoline Electric Trike". Little did I know that I was creating something that was never done before.

I think this is cool. Why haven't you pursued bringing this to market or at least test to see if there is an interest in it? I assume this would be some sort of add-on kit? Do you have pics you'd like to share?

 

[100k]

If I wanted to do it, I would not have shared the idea

I was just thinking out loud.... no need to bash!

There is more than 1 way to skin a cat, this is not what I have been planing for the past 6+ Months so it does not fit in with my plans!

Yeah, it can make $100mil rev. .... obviously you would be a guy in the middle putting together the 2 teams, and you would need to coer yourself. Maybe by contacting the skateboard company and telling them you want 10% and you guarantee they will get 10Mil. rev. sales...(and if you don't reach the goal you would be happy to give it back to them - then they have nothing to lose). Then you go about getting the papers signed and contact the other party and tell them to be the face of the brand for royalties... The celebrity wont be working in the company.... LOL

All I was sharing was a way to put together a business that can make you passive income even if you do not own too many assets... but you would still need to put some efforts to make it happen and protect yourself from being cut out of the deal!

The same principle can be done with another product

Take what you want from it.... hate me or love me!

I don't give a F.

p.s the 100mil. is just a figure I put out there, it could be more it could be less. And since none of us are selling skateboards for a living ... maybe you should take it with a pinch of salt.

 

[Rickson9]

Since we're all dreaming, how about this. Make a product, get Oprah to endorse it. Profit. $100m easy.

How's that?

 

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[wade1mil]

Since we're all dreaming, how about this. Make a product, get Oprah to endorse it. Profit. $100m easy.

That made me laugh out loud. Rickson you going to B&P? Your topic should be comedy

 

[100k]

Since we're all dreaming, how about this. Make a product, get Oprah to endorse it. Profit. $100m easy.

How's that?

Don't hate...

I put in a little bit more effort than that... I am sure I gave some people a few ideas on how they could execute something like this.

Have a nice day troll

While we are at it, why not send Bill gates a App and tell him to endorse it... Herp Derp!

 

[Rawr]

Since we're all dreaming, how about this. Make a product, get Oprah to endorse it. Profit. $100m easy.

How's that?

I see you've met my mom.

Her business plan:

1. Idea X, with a crude prototype.
2. Write to Oprah and Bill Gates since it is a product that helps kids.
3. ?????
4. Profit.


I had to show her the gnomes.

 

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[wade1mil]

3. ?????

lmao!

 

[Determined2012]

You guys are tooo much tonight! @wade1mil I'm starting to think everyone had too much BEER!

 

[PatrickP]

I see you've met my mom.

Her business plan:

1. Idea X, with a crude prototype.
2. Write to Oprah and Bill Gates since it is a product that helps kids.
3. ?????
4. Profit.


I had to show her the gnomes.

Will she be attending the beer and pancakes get together?

 

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[yahdmon]

I know you know it is not that easy... many celebrities have endorsed products that do fail.

Since we're all dreaming, how about this. Make a product, get Oprah to endorse it. Profit. $100m easy.

How's that?

Oprah is busy trying get OWN to gain traction right now so good luck getting her to endorse your product.

 

[100k]

I know you know it is not that easy... many celebrities have endorsed products that do fail.



Oprah is busy trying get OWN to gain traction right now so good luck getting her to endorse your product.

Don't take the troll comments serious