Inventors Digest column July/Aug/Sept

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JTT

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Sep 11, 2005, 9:54:18 PM9/11/05
to Product Design- Innovate Develop Market
Perry Kaye

I read the article "Why professional inventors make money and amateur
inventors only spend it". At the very last section on page 25, Quick
and firm decisions, You tell the readers that you sold an invention for
$500,000 cash. I was curious as to what that product was as well as the
history and the process of the invention.

ThinkSolveDo

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Sep 12, 2005, 4:54:04 PM9/12/05
to Product Design- Innovate Develop Market
Another thing about professional inventors is they will NOT KISS AND
TELL so to speak. It is most often in the sellers and purchasers best
interest to keep certain aspects of a deal private. This tends to keep
egos out of the way and focuses everyone on making money with the
product as opposed to who got the better end of the deal.

Your curiosity is probably based on the fact that you have an
idea/innovation that you wish to sell for a lot of money. Each deal is
usually different because no two are alike.

Post the specific questions that, once answered, will allow you to move
your invention ahead. This will be more helpful to you, and everyone
else, than hearing about anothers' successes.

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