Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Selling an idea?

  • 10-03-2011 11:36pm
    #1
    AlkalineAcid
    Registered Users, Registered Users 2 Posts: 281 ✭✭


    I have an idea for a service for existing businesses and I've been considering starting in the same business with this USP. In my opinion, my forecast is conservative and good but I've no experience in business or management other than secondary school business studies years ago and watching tonnes of Dragons' Den!

    Unfortunately the idea is not patentable so I'm afraid another business could use the same idea after I start up! :eek: The concept would basically make the existing service more attractive to any customer and at no extra cost.

    So my question is, is it possible to pitch it to one of the bigger players in the market and seek a royalty or similar payment for the concept?


Comments

  • #2
    TheCostumeShop.ie: Ronan
    Company Representative Posts: 1,740 ✭✭✭TheCostumeShop.ie: Ronan


    Well if you can't protect the idea you can't sell it. You could offer to help implement it in exchange for a % of the direct sales realised, but it would help to have an existing relationship with the owner as there is no obligation for them to honor the agreement unless you get it in writing. Which is unlikely as they won't sign off until you tell them the idea incase they already have thought of it. My advice look for an introduction from a source the person needs to keep respect from.


  • #3
    CheckRaiseIRL
    Closed Accounts Posts: 39 ✭CheckRaiseIRL


    Have you applied for a patent?

    You may be able to alter it in a way that would allow you to patent it, otherwise with these things its about getting to market first and doing it better than your competitors.


  • #4
    AlkalineAcid
    Registered Users, Registered Users 2 Posts: 281 ✭✭AlkalineAcid


    Thanks guys.
    CheckRaiseIRL wrote: »
    Have you applied for a patent?

    You may be able to alter it in a way that would allow you to patent it, otherwise with these things its about getting to market first and doing it better than your competitors.

    I'm pretty sure it is 100% unpatentable and can't be altered to suit it. I'm considering the first to market strategy.


Advertisement