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vurt
addled muppet weed
 
36637 posts since 25 Jan, 2003, from through the looking glass

Postby vurt; Sun Sep 16, 2018 6:27 am Re: What to do with an idea for a new product?

Distorted Horizon wrote:
VariKusBrainZ wrote:Whats the most annoying thing about a synth?

The power switch is always on the back!

Weve all spent countless hours, that could be used more productivly, fumbling blindly trying to find the switch.

Lets petition a new standard

It needs a catchy moniker to capture the public's imagination:

Power Switch On Front of Synth


You'd be hitting that power switch accidentally all the time if it was on front. I believe you're not fingering the butt of your synths without any reason all the time?
that's a bit of a personal question :o
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fluffy_little_something
KVRAF
 
11885 posts since 5 Jun, 2012, from Portugal

Postby fluffy_little_something; Sun Sep 16, 2018 6:35 am Re: What to do with an idea for a new product?

The bulky power supply is at the back, that's why the switch is there, just like with the computer.
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fluffy_little_something
KVRAF
 
11885 posts since 5 Jun, 2012, from Portugal

Postby fluffy_little_something; Sun Sep 16, 2018 6:37 am Re: What to do with an idea for a new product?

AnalogGuy1 wrote:I'm an electrical/computer engineer, and have turned several hardware ideas into licensed revenue-earning streams. Every week I have a student (I'm a professor) ask a variant of the question "how can I earn money from this idea?" hoping that they can license rights to an existing, large company in return for a revenue percentage since I've done it before.

Although theoretically possible, without a prototype, it is extremely unlikely. Large companies have their own ideas for new products, which come from engineering, management, and sales. These ideas (for a large company, we're talking 100's a year) go into a hopper from which management selects the best few to be prototyped (perhaps 10's per year), which typically costs between 10k and 100k USD, depending on the complexity. Then marketing/sales works with management to determine which of these prototypes will do best in the market, perhaps one a year. This prototype goes through re-engineering for production, which costs perhaps 100k-200k depending on complexity, and then the first production run is made.

So the problem is convincing a company to consider your ideas among the 100's it produces internally, when yours comes burdened with IP (patent) considerations. If you can visit them with a hardware prototype, they'll take the idea more seriously, and then you are only competing against perhaps a dozen others instead of 100's.

The process is definitely possible, if you're willing to put in the time & effort, but is not for the faint of heart. The steps are, roughly, protecting your IP with a provisional patent (no reason to pay the big bucks for a full utility patent at this stage), hiring an engineer to get to the prototype stage, and then hiring someone with negotiating savvy to approach the large companies for a license deal.


Thanks for your inside knowledge. Seems I will have to shelve my idea because I am in no position to produce a prototype :?
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VariKusBrainZ
KVRAF
 
7982 posts since 16 Dec, 2002

Postby VariKusBrainZ; Sun Sep 16, 2018 7:49 am Re: What to do with an idea for a new product?

fluffy_little_something wrote:The bulky power supply is at the back, that's why the switch is there, just like with the computer.


Well, let's see who has the last laugh when I'm a millionaire, I'm in all the synth history books and you're still trying to market your anti callus gloves for synth players
deastman
KVRAF
 
6717 posts since 6 Aug, 2003, from San Francisco Bay Area

Postby deastman; Sun Sep 16, 2018 10:17 am Re: What to do with an idea for a new product?

Is your idea a men’s cologne that smells like the beach?
Incomplete list of my gear: 110V AC to 12V DC 1.5A power supply (+ tip)
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BertKoor
KVRAF
 
10561 posts since 8 Mar, 2005, from Utrecht, Holland

Postby BertKoor; Mon Sep 17, 2018 4:22 am Re: What to do with an idea for a new product?

fluffy_little_something wrote:Seems I will have to shelve my idea because I am in no position to produce a prototype :?

So either you take it with you into your grave, or you share your brilliant idea with the rest of the world and hope it gets implemented nevertheless.
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