Anyone ever hear of these folks...? What is the impression of them. Are they legit, etc...
http://www.newfuntiers.com/index.html
Full Version: New Funtiers
Paul lapidus has run it for many years. From the people I have talked to he seems to run a decent company. You do have to remember it is a business and they want to make money. The problem I have with most of these companies is that they will tell you your idea is great or that it needs more study whether it is a marketable idea or not.
Which means you pay money to find out more. With a little research on your part you can do a lot of what you would pay them for yourself. The only thing you should need them for is their contact list. Since some of the bigger companies will only look at ideas submitted through them. That is why I go for the meduim to small companies. You can deal with most of them yourself. There are a large number of companies that look at outside ideas from Inventors directly. You just have to do a little research on your part to find them.
I have been very successful using this approach. You can see my toys, tools and kitchen product that are on the market now at http://www.rogerbrown.net I got these items to market for less than $100 each. Some for $10. You don't always need the most expensive method to get to the same goal. That is a ploy pushed by the invention marketing firms wanting your money. The companies that licensed the ideas from me paid for the patent to protect their investment. I didn't spend a dime on the patent.
Plus, most marketing firms push the "it has to be patented first" BS. Only 3% of the ideas patented make it to market. So, that means 97% paid money to the lawyer or marketing firm for nothing. If only 3% of the people who would make it to market paid for a patent most of these leeches would be out of business. That is why they will take just about any idea and bleed the inventor dry getting all that crap up front.
I am not saying a patent isn't useful at times. I am saying you don't need to spend $12,000 on something that will never make it to market. Get a company interested in your idea first so you know you have a license and contract. Royalities are great, but you don't spend $12,000 to make $8,000 in royalties. Remeber, 99% of the ideas out there ARE NOT MILLION DOLLAR IDEAS!!! That is how these bozos hook you, making you think you have the next hula hoop. How many Hula Hoop ideas do you see in the stores?
Which means you pay money to find out more. With a little research on your part you can do a lot of what you would pay them for yourself. The only thing you should need them for is their contact list. Since some of the bigger companies will only look at ideas submitted through them. That is why I go for the meduim to small companies. You can deal with most of them yourself. There are a large number of companies that look at outside ideas from Inventors directly. You just have to do a little research on your part to find them.
I have been very successful using this approach. You can see my toys, tools and kitchen product that are on the market now at http://www.rogerbrown.net I got these items to market for less than $100 each. Some for $10. You don't always need the most expensive method to get to the same goal. That is a ploy pushed by the invention marketing firms wanting your money. The companies that licensed the ideas from me paid for the patent to protect their investment. I didn't spend a dime on the patent.
Plus, most marketing firms push the "it has to be patented first" BS. Only 3% of the ideas patented make it to market. So, that means 97% paid money to the lawyer or marketing firm for nothing. If only 3% of the people who would make it to market paid for a patent most of these leeches would be out of business. That is why they will take just about any idea and bleed the inventor dry getting all that crap up front.
I am not saying a patent isn't useful at times. I am saying you don't need to spend $12,000 on something that will never make it to market. Get a company interested in your idea first so you know you have a license and contract. Royalities are great, but you don't spend $12,000 to make $8,000 in royalties. Remeber, 99% of the ideas out there ARE NOT MILLION DOLLAR IDEAS!!! That is how these bozos hook you, making you think you have the next hula hoop. How many Hula Hoop ideas do you see in the stores?
Roger,
I appreciate your reply.
I could not get logged on earlier, so I sent you an email thru your webpage. I'm asking for your assistance, and heck any one else's on how to approach a company or companies myself. And that's another thing. If I only have one idea 'for sale', can I submit it to more than one company? 
I appreciate your reply.
I could not get logged on earlier, so I sent you an email thru your webpage. I'm asking for your assistance, and heck any one else's on how to approach a company or companies myself. And that's another thing. If I only have one idea 'for sale', can I submit it to more than one company? This is a "lo-fi" version of our main content. To view the full version with more information, formatting and images, please click here.