how to sell your idea if you don’t have the money to build it so I got a great
the money to build it so I got a great
the money to build it so I got a great question from one of my YouTube fans
question from one of my YouTube fans
question from one of my YouTube fans love you guys who wrote in to say this
love you guys who wrote in to say this
love you guys who wrote in to say this is the island monster and he said I’ve
is the island monster and he said I’ve
is the island monster and he said I’ve been watching the Shark Tank episodes
been watching the Shark Tank episodes
been watching the Shark Tank episodes I’ve seen so many inventions and so many
I’ve seen so many inventions and so many
I’ve seen so many inventions and so many ideas and they’re really great but I
ideas and they’re really great but I
ideas and they’re really great but I have an idea that will sell and if I
have an idea that will sell and if I
have an idea that will sell and if I invent it it won’t cost a lot but I’m
invent it it won’t cost a lot but I’m
invent it it won’t cost a lot but I’m sure it will solve really good so my
sure it will solve really good so my
sure it will solve really good so my question is how to show your idea and
question is how to show your idea and
question is how to show your idea and invent it if you don’t have that money
invent it if you don’t have that money
invent it if you don’t have that money to build it and who can help you build
to build it and who can help you build
to build it and who can help you build it if you don’t have the money to build
it if you don’t have the money to build
it if you don’t have the money to build it by the way thank you for your video
it by the way thank you for your video
it by the way thank you for your video help a lot
help a lot
help a lot ok Island monster great question and one
ok Island monster great question and one
ok Island monster great question and one that a lot of inventors go through so
that a lot of inventors go through so
that a lot of inventors go through so this is a chronic problem for a lot of
this is a chronic problem for a lot of
this is a chronic problem for a lot of inventors right you have a great idea
inventors right you have a great idea
inventors right you have a great idea you don’t have the money to build it up
you don’t have the money to build it up
you don’t have the money to build it up yourself but you know that it could do
yourself but you know that it could do
yourself but you know that it could do really well in the market so your first
really well in the market so your first
really well in the market so your first step is you have to protect your idea
step is you have to protect your idea
step is you have to protect your idea you need to get a patent and the first
you need to get a patent and the first
you need to get a patent and the first step is a provisional patent and then
step is a provisional patent and then
step is a provisional patent and then your full-on patent if you don’t have a
your full-on patent if you don’t have a
your full-on patent if you don’t have a patent then if you go out and you go
patent then if you go out and you go
patent then if you go out and you go talk to a big company they’re just going
talk to a big company they’re just going
talk to a big company they’re just going to take your idea and use it themselves
to take your idea and use it themselves
to take your idea and use it themselves right there’s no reason why they need to
right there’s no reason why they need to
right there’s no reason why they need to pay you I don’t know what your idea is
pay you I don’t know what your idea is
pay you I don’t know what your idea is but we’re going to sell this idea to
but we’re going to sell this idea to
but we’re going to sell this idea to whatever big corporation they’re going
whatever big corporation they’re going
whatever big corporation they’re going to look at it and say that’s a great
to look at it and say that’s a great
to look at it and say that’s a great idea and if you don’t have the patent
idea and if you don’t have the patent
idea and if you don’t have the patent they’re just going to say ok team run
they’re just going to say ok team run
they’re just going to say ok team run with it there’s no reason to pay you for
with it there’s no reason to pay you for
with it there’s no reason to pay you for right they’re trying to maximize their
right they’re trying to maximize their
right they’re trying to maximize their profits that doesn’t include paying you
profits that doesn’t include paying you
profits that doesn’t include paying you so you need to get the patent to protect
so you need to get the patent to protect
so you need to get the patent to protect your idea so that’s first first time
your idea so that’s first first time
your idea so that’s first first time second part is to actually go out and
second part is to actually go out and
second part is to actually go out and sell this to them they need to see
sell this to them they need to see
sell this to them they need to see something right the closer you have to a
something right the closer you have to a
something right the closer you have to a finished product the easier it is to
finished product the easier it is to
finished product the easier it is to understand what it is that you do and
understand what it is that you do and
understand what it is that you do and the benefit but you want to try to avoid
the benefit but you want to try to avoid
the benefit but you want to try to avoid just having an idea on paper right
just having an idea on paper right
just having an idea on paper right you’re thinking what is the Minimum
you’re thinking what is the Minimum
you’re thinking what is the Minimum Viable Product right what is the the
Viable Product right what is the the
Viable Product right what is the the minimum I need to show them that this
minimum I need to show them that this
minimum I need to show them that this thing will work they don’t necessarily
thing will work they don’t necessarily
thing will work they don’t necessarily expect you to have a degree in
expect you to have a degree in
expect you to have a degree in industrial design and it to be perfect
industrial design and it to be perfect
industrial design and it to be perfect but they need to understand that it can
but they need to understand that it can
but they need to understand that it can work for them right so what is the
work for them right so what is the
work for them right so what is the minimum that you need to create so you
minimum that you need to create so you
minimum that you need to create so you can show them that your invention will
can show them that your invention will
can show them that your invention will help them that’s what they need to see
help them that’s what they need to see
help them that’s what they need to see and it could be you
and it could be you
and it could be you jerry-rigging something in your basement
jerry-rigging something in your basement
jerry-rigging something in your basement but if you don’t have the technical
but if you don’t have the technical
but if you don’t have the technical skills to do it a great option is to go
skills to do it a great option is to go
skills to do it a great option is to go to a local college or university and
to a local college or university and
to a local college or university and tell them here’s what you’re trying to
tell them here’s what you’re trying to
tell them here’s what you’re trying to do find one of their classes and often
do find one of their classes and often
do find one of their classes and often they are looking for projects to help
they are looking for projects to help
they are looking for projects to help out on right just just for experience
out on right just just for experience
out on right just just for experience right the students need classes that’s
right the students need classes that’s
right the students need classes that’s any projects for their classes and they
any projects for their classes and they
any projects for their classes and they have a lot of experience and they’d love
have a lot of experience and they’d love
have a lot of experience and they’d love to make it a real-world project that
to make it a real-world project that
to make it a real-world project that they can then add to their resume to say
they can then add to their resume to say
they can then add to their resume to say hey I worked with XYZ inventor company
hey I worked with XYZ inventor company
hey I worked with XYZ inventor company makes it look good on the resume so
makes it look good on the resume so
makes it look good on the resume so again number one get the patent you need
again number one get the patent you need
again number one get the patent you need to protect yourself you need to protect
to protect yourself you need to protect
to protect yourself you need to protect the idea if you really believe this is
the idea if you really believe this is
the idea if you really believe this is something that will take off and then
something that will take off and then
something that will take off and then number two you have to show you have to
number two you have to show you have to
number two you have to show you have to show me something right show me that
show me something right show me that
show me something right show me that this thing will work just a minimum
this thing will work just a minimum
this thing will work just a minimum level so that I can understand the
level so that I can understand the
level so that I can understand the concept and see yes I think this is a
concept and see yes I think this is a
concept and see yes I think this is a good idea or not and that could be you
good idea or not and that could be you
good idea or not and that could be you building it yourself an early prototype
building it yourself an early prototype
building it yourself an early prototype or getting the help of students to help
or getting the help of students to help
or getting the help of students to help you build this thing up that’s my advice
you build this thing up that’s my advice
you build this thing up that’s my advice believe those you guys watching thumbs
believe those you guys watching thumbs
believe those you guys watching thumbs up below let me know what you would do
up below let me know what you would do
up below let me know what you would do if you’re an inventor I’d love to hear
if you’re an inventor I’d love to hear
if you’re an inventor I’d love to hear how you have gotten your product to
how you have gotten your product to
how you have gotten your product to market leave it in the comments below
market leave it in the comments below
market leave it in the comments below and if you guys want to see more videos
and if you guys want to see more videos
and if you guys want to see more videos like this click on my face subscribe to
like this click on my face subscribe to
like this click on my face subscribe to the channel thank you so much I’ll see
the channel thank you so much I’ll see
the channel thank you so much I’ll see you soon
”
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