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- Apr 8, 2011
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I am having issues with clearing my next hurdle. For a background, check out this https://www.thefastlaneforum.com/your-goals-your-fastlane-plan/31001-designing-inventing.html thread. Here are the cliff notes: In 2010, I invented a quick change head assembly for a percussion drum. I went to the Summer NAMM (National Association of Musical Merchants) show in Nashville Tennessee, with only a rough prototype. It was received well. Everyone loved it, even in its admittedly rough form. Well over 500 people came by the booth, to have a look. It was incredible. Magazine editors, music industry professionals, business owners, even some college level instructors, and recording studio owners. Everyone loved it, and wanted to see it manufactured, most wanted to know when it would be ready. In short, I filed a patent, and was recently awarded one. I started a website http://www.pdsdrums.com and have spent the last 3 years trying to find someone who will license it, or partner with me. I am even willing to manufacture it myself, but that requires seed money. And here is my problem; I have contacted over 30 US based companies to give me a quote on manufacturing this simple set of three rings, and only 2 have replied. Both of those were way to high. At one point, I had an arrangement with a guy who was importing from China. We had a few made, and they were junk. I told him we couldn't sell them, and he said that was the best they could do. So, that partnership went away. I am in a rut. I cant get a quote for manufacturing costs, so I cant begin to get investors. I could try and approach the big guys, but all the contacts I made at the NAMM show, tell me it wont be very beneficial. The percussion industry is very stagnant. And it is run by accountants, who are only concerned with ROIs. I can explain more, but I don't want to ramble. This has been a 4 year journey to nowhere, and its started to work on my patience. How can I get this product produced if The Big Names in the industry wont give me the time of day (the general attitude of the ones I have talked to seemed to be "that's interesting, lets see if he can make it happen"), The manufacturers wont give me an estimate to work with, and every time I think I might have an avenue to a licensing agreement, it gets shut down?
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