Skip to search.
inventors_council · Inventors Council

Group Information

  • Members: 305
  • Category: Inventing
  • Founded: Oct 2, 2002
  • Language: English
? Already a member? Sign in to Yahoo!

Yahoo! Groups Tips

Did you know...
Hear how Yahoo! Groups has changed the lives of others. Take me there.

Messages

  Messages Help
Advanced
Inventors & Consumers   Message List  
Reply Message #87 of 1124 |
I travel to different shops and factories and the most amazing thing to me
is how much of a consumer nation we are. You walk into a beer can plant
and you see 3 million cans being made everyday and that is 10% of what
Anheuser Busch uses a day. An Inventor still owns the rights to the
Pop-Top and makes a % of every one made.
I went to a Mold Shop and they had made $4 Million worth of molds
for a large Cereal company. It was a spyglass that had an imprint of the
cereal logo on it. They didn't use it. It never made it into the cereal box,
but the Developer who sold the idea to them made it big.
There are Developers that make money off of making toys for
Mc Donalds Happy Meals or they find promotional ideas for
Corporations. Business just eats up advertising their products. I have
worked with a couple of developers where that's all they do.
On a lawn mower there is a handle you grab that allows you to start the
mower and when you release it shuts off the engine. Recently I was in the
company that makes that bent 1/4" round shut off handle. They’ve made
millions off that one part. Somebody invented it and Insurance, OSHA
and Lawyers makes sure it's on every mower.
I know a person who invented a throwaway plastic item for Dentists, they
use to clean Patients teeth. It can only be used once. The Mold Shop has
made over 45 million of these. The mold shop charges him $.07 each to
make them and made a $70,000 Mold for the part. The Inventor sells
them for $.50 each. That’s why shops aren't interested in stealing an
Inventors idea. They can make money just off the work.
The problem is that the Inventor has to take some of the risk.
Most shops won't make any Capital Investment in the product. Most
believe that if the Inventor doesn't want to invest money into their own
product, why should they.
There are a lot of good ideas out there for the Inventor. You just have to
find that brilliant idea that millions of consumers will buy. It doesn't
have
to sell for $19.95 it can sell for $.50 if you can sell 45 million of them.

Rich Freese (www.invention-mfg.com)
Arch City Service







Thu Jan 9, 2003 1:39 pm

archcitysvc
Offline Offline
Send Email Send Email

Message #87 of 1124 |
Expand Messages Author Sort by Date

I travel to different shops and factories and the most amazing thing to me is how much of a consumer nation we are. You walk into a beer can plant and you see...
Rich Freese
archcitysvc Offline Send Email
Jan 9, 2003
5:24 pm

Dear Colleague, When most of us go to the Post Office and ask for stamps, we take whatever the guy behind the counter happens to have. Guy: We got some nice...
Robert Chester
macoakwood Offline Send Email
Jan 9, 2003
7:51 pm
Advanced

Copyright © 2010 Yahoo! Inc. All rights reserved.
Privacy Policy - Terms of Service - Guidelines NEW - Help