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Thread: How to sell an idea to LG, Sony or even a local company?

  1. #1

    Default How to sell an idea to LG, Sony or even a local company?

    Let’s say I have a really, really good idea the that would change an industry and need to present or speak to someone about it?
    How do I go about it, I have “ruff” CAD drawings and picture samples of it... but what now?

    I don't want to wait to long!
    Intel Core 2 Duo E7500 @ 2.93Ghz | Asus P5QL PRO IP43 | ATI Radeon X1900GT |Corsair DDR2-800 1GB XMS2 x 2 | 400 Gb HDD | LG 22" W2234

  2. #2

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    3D TVs are already on the market.
    DEL PythonFSi

  3. #3

    Default

    Patent it before thinking of approaching.

  4. #4
    Super Grandmaster ponder's Avatar
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    Quote Originally Posted by Mike Hoxbig View Post
    Patent it before thinking of approaching.
    +1

    Even with a watertight contract or NDA they have so much money they will fsck you over without blinking an eye because they know you do not have the financial muscle to litigate.
    entia non sunt multiplicanda praeter necessitatem

  5. #5
    Super Grandmaster Archer's Avatar
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    Patents are kinda expensive though. And then its only valid in the country the patent is registered in. However, you do get 2 years to register in other countires from the time you register the initital one. I'd first check to see if there is already something similar patented.

  6. #6

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    Is the idea "4D TV's!" ?

  7. #7

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    Quote Originally Posted by rorz0r View Post
    Is the idea "4D TV's!" ?
    No...lol
    I thought I might go to CSIR or the Innovation hub and one of my best friends know Elon Musk and he works for Lyndon Rive, so I just don't want to go like "here's my demo disc" type of thing!
    Intel Core 2 Duo E7500 @ 2.93Ghz | Asus P5QL PRO IP43 | ATI Radeon X1900GT |Corsair DDR2-800 1GB XMS2 x 2 | 400 Gb HDD | LG 22" W2234

  8. #8

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    Get a provisional patent, should be a lot cheaper. Then approach them with the idea. Approaching them will be the tricky part I think, as you don't know who to approach etc. The marketing guys or admin guys would not even know if what you have on offer is good or not. Maybe through a rep you can get in contact with some of the development people. If they buy into your idea and are willing to push it from within the company you have a chance in selling it to them.
    Alternatively if your idea is "that" good patent it and wait (/pray) that they will notice your invention and offer to buy it from you. A lot of expenses going to demonstrate your invention at conventions etc...
    And then the company can still decide that your idea may be good but they rather wait the few years till your patent expire and use the tech anyway...
    There is no life, only afk.

  9. #9

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    A good idea is an idea which makes a technology more interesting or more easily usable. A great idea is one which has the potential to bankrupt your competitors. If yours is the latter, go to the innovation hub. No way you'll have the money to patent it privately. If it does get patented somehow in your name, they'll find you. Keep in mind though, they will want prototypes. I can claim that I can break the Shannon limit with some funky coding and show them some maths, but they'll still say "show us that it works".
    Last edited by UnUnOctium; 22-06-2010 at 12:09 PM.
    change is inevitable... cognitiveradio.co.za

  10. #10
    Super Grandmaster
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    You'd probably need to get someone to present the idea on your behalf. It's very unlikely that the decision makers would consider humoring someone they know nothing about. If you can get together with an engineer or some such and bring him in on the deal with whatever method, that's your best bet.

  11. #11

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    Quote Originally Posted by profpanda View Post
    Let’s say I have a really, really good idea the that would change an industry and need to present or speak to someone about it?
    How do I go about it, I have “ruff” CAD drawings and picture samples of it... but what now?

    I don't want to wait to long!
    I see you are in PTA - maybe approach ADAMS & ADAMS (laywers) who specialise in patents... They're on Hatfield Square... They might be able to give you some advise regarding patents if you decide to go that route...
    Last edited by TKD01; 22-06-2010 at 12:12 PM. Reason: spelling

  12. #12

    Default

    Quote Originally Posted by TKD01 View Post
    I see you are in PTA - maybe approach ADAMS & ADAMS (laywers) who specialise in patents... They're on Hatfield Square... They might be able to give you some advise...
    At a charge of R12k per hour

    Also, as Messugga pointed out, you'll need to get an engineer's opinion on the idea. Maybe there's something you don't know that prevents your invention from being implemented.
    change is inevitable... cognitiveradio.co.za

  13. #13

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    You can try an idea development company like: http://www.davison.com/

  14. #14

    Default

    I work for engineering consultants and ask my brother, who does 3D modelling to draw op a design with animated features.
    Intel Core 2 Duo E7500 @ 2.93Ghz | Asus P5QL PRO IP43 | ATI Radeon X1900GT |Corsair DDR2-800 1GB XMS2 x 2 | 400 Gb HDD | LG 22" W2234

  15. #15

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    Quote Originally Posted by profpanda View Post
    I work for engineering consultants and ask my brother, who does 3D modelling to draw op a design with animated features.
    Great, then you'll still have to ask one of them for opinion, then do a patent search (lawyer fees) to make sure no one else thought about this before you did, etc etc. Lengthy and expensive.
    change is inevitable... cognitiveradio.co.za

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