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Anyone experienced in Manufacturing/Distribution?

Razorguns

Well-known member
I have a female friend, an actress, who's very creative and developed this prototype for this product which is really cool and can definitely sell.

She's taken it around and prototype manufacturers love the idea, and one company is producing it for her for free. She's even got this lawyer who's doing stuff for free cuz he is amazed by what she's got.

Now she has no experience in doing the dog/pony show to retailers, getting competitive bids, getting letters of intent to go to investors, getting patents (which she is doing right now), or how to deal with logistcs, getting talent on board to guide her, etc. Neither do I. I make robots fight all day.

Anyone got suggestions, tips, how to get the attention of industry talent to guide her, books, anything? I alreayd told her the golden rule: NEVER EVER SELL EVEN 1% OF YOUR COMPANY TO ANYONE.

She's doing good, but soon the business/legal/technical/contract/bidding/negotation side is gonna overwhelm her soon. She's not used to this stuff.

r
 
What material is the product made out of? I do aluminum manufacturing.
 
What material is the product made out of? I do aluminum manufacturing.

Not sure. I'll find out from her. I think it's plastic. But she's mainly focused on what happens after the prototype is made. The next big part, shopping it around, which is a lot more difficult and stuff u won't see on infomercials :)

r
 
She's an actress, she can pretend she's a Dupont salesperson. :)

I do think she should get the patent registration settled before she starts peddling her prototype. Also, I'm surprised the company making the thingmabob proto hasn't offered any type of production/packaging contract. At any rate, I say protecting your product idea/prototype is issue number one.
 
I have a female friend, an actress, who's very creative and developed this prototype for this product which is really cool and can definitely sell.

She's taken it around and prototype manufacturers love the idea, and one company is producing it for her for free. She's even got this lawyer who's doing stuff for free cuz he is amazed by what she's got.

Now she has no experience in doing the dog/pony show to retailers, getting competitive bids, getting letters of intent to go to investors, getting patents (which she is doing right now), or how to deal with logistcs, getting talent on board to guide her, etc. Neither do I. I make robots fight all day.

Anyone got suggestions, tips, how to get the attention of industry talent to guide her, books, anything? I alreayd told her the golden rule: NEVER EVER SELL EVEN 1% OF YOUR COMPANY TO ANYONE.

She's doing good, but soon the business/legal/technical/contract/bidding/negotation side is gonna overwhelm her soon. She's not used to this stuff.

r

the golden rule is "how do i sell this company" and if you want any company to "raise" money for you, that is exactly what you will have to do. Angle investors don't loan their money for %%% in interest only they want quick money with the ability or chance to 200% the investment..

And talent doesn't work for money alone either, but they will for stock which you guessed it, represents % of ownership in the company..
 
Definitely get her to make sure all her patents, etc are rock solid before she starts shopping it around. People will steal her idea faster than she can blink.

Also, make sure to check current patents so that it isn't being duplicated or isn't already under application to be patented. I'm assuming she did that.
 
I am certain that major talent out there will tell her EXACTLY what to do and how to do it... for FREE. PM the Old Grump (he's done this a thousand times) and I am certain that he will lay it all out for her because he is generous like that).

not.

Good luck to her and her project. Lotta peeps have awesome ideas (alongside all the peeps that have absolutely shitty ideas), but getting them to market (ie raising the funds to get the idea to market) is a whole nuther ball of wax. Then, of course, regardless of how good the idea is, it's got to sell and be PROFITABLE. Does she have all the numbers ready to show potential investors?
 
the golden rule is "how do i sell this company" and if you want any company to "raise" money for you, that is exactly what you will have to do. Angle investors don't loan their money for %%% in interest only they want quick money with the ability or chance to 200% the investment..

And talent doesn't work for money alone either, but they will for stock which you guessed it, represents % of ownership in the company..

You mean that random peeps don't just *give their money and expertise away* to a host of other random peeps *with and idea* because maybe that other person is cute?
 
You mean that random peeps don't just *give their money and expertise away* to a host of other random peeps *with and idea* because maybe that other person is cute?

for real....

And patents don't protect idea's designs and whatnot without the actual lawsuits and attorneys to keep a company from taking it...

So $$$ is king, if she can't get it to production and show a proven sales/track record..

she might as well patent it $65,000 to start and then hope someone will buy the patent..

but hey, what do I know...
 
for real....

And patents don't protect idea's designs and whatnot without the actual lawsuits and attorneys to keep a company from taking it...

So $$$ is king, if she can't get it to production and show a proven sales/track record..

she might as well patent it $65,000 to start and then hope someone will buy the patent..

but hey, what do I know...

You are just some dumbass on the internet that RG's picks senseless e-fights with while waiting for his shit to download.

My husband and I raise money for start-ups for a living but clearly we don't know squat either as we are just internet dumbasses like you.

I hope this actress/genius friend of his is KYOOT 'cause KYOOT gets one real far in the world of men and money....

Oh wait - not unless we are talking nomarriage.com

(Sorry, RG but I just couldn't resist). :lmao: Don't take it personal-like.

Truth is there is no ONE WAY to get an idea to = $$$. If your friend isn't "about the dog and pony show" then she better get with it quick and have the data to back her claims.

NO ONE looks at hooters when it comes to investing in a product/idea/project.

The only thing a potential investor wants to know is:

1. how much will it cost them to get involved?
2. how/when will they make their money back?

(That is, IF they are interested and have the ability to invest.)
 
BM misses the point #823482384! Yeah!

The key is PROVING right away to people that this thing can make money. I can make an engine in my garage that runs w/o oil. Boom, billionaires will be serving my drinks trying to court my business.

Dog and Pony shows are useless, unless you love powerpoint presentations, living in airports, and bullshitting people.

As long as they see $$ in your product - you can have them all bid against each other, hire a lawyer, hire smarter business people, and then let them get the best deal for you.

That's also how it works for Hollywood actors who come here with no education, and 5 years later - making $50 million/film. :)


The key point is: Proving in others mind, how they can make made money with this - and once that is proven - starting the dog and pony show to get the best deal possible. Oh and get the smartest and best on your side. THat's the point she has to focus on once the prototype is working and kicking ass. And the hard part. I've already put her in touch with some personal biz owners to guide her, so I thihk she'll be okay. :)

And oh yeah, you're right. Once you've proven a successful business -- SELL IT! lol.

r
 
BM misses the point #823482384! Yeah!

The key is PROVING right away to people that this thing can make money. I can make an engine in my garage that runs w/o oil. Boom, billionaires will be serving my drinks trying to court my business.

Dog and Pony shows are useless, unless you love powerpoint presentations, living in airports, and bullshitting people.

As long as they see $$ in your product - you can have them all bid against each other, hire a lawyer, hire smarter business people, and then let them get the best deal for you.

That's also how it works for Hollywood actors who come here with no education, and 5 years later - making $50 million/film. :)


The key point is: Proving in others mind, how they can make made money with this - and once that is proven - starting the dog and pony show to get the best deal possible. Oh and get the smartest and best on your side. THat's the point she has to focus on once the prototype is working and kicking ass. And the hard part. I've already put her in touch with some personal biz owners to guide her, so I thihk she'll be okay. :)

And oh yeah, you're right. Once you've proven a successful business -- SELL IT! lol.

r

I missed the point?

So you are telling me that you, Mr Razor Buffet, have close and personal friends that are willing to mentor (read invest countless hours of THEIR TIME AND EFFORT) this kyoot actress/inventor genius FOR FREE merely because she is kyoot AND your closest most personal friend?

You REALLY expect anyone with half a brain that is reading this to believe that fairytale?

How can you PROVE RIGHT AWAY that "this thing can make money" BEFORE it has made money?

Doesn't that sorta put you in the "how can I buy a car to get to work to make money to buy the car if you won't hire me for the job because I have no reliable transportation" or the "how can I gain experience if you won't hire me but you won't hire me without the experience" arguement?

The only way to PROVE RIGHT AWAY that "this thing can make money" is for your friend to MAKE MONEY RIGHT AWAY.

Right?

What about HOW MUCH IT WILL COST:

1. TO MASS PRODUCE THE THING.
2. BRING IT TO MARKET (read = advertising).

^^^ That is the important part of the dog and pony show. You don't need to live in an airport for that shit. The potential investors want to know that shit UPFRONT.

Do the machines that will make this thing even exist? If they do, how much will it cost to buy/lease them? What about the space necessary to manufacture/store the product. Who will do the logo/labeling/packaging? What will that cost? What about the patents and other necessary legaleze/liability that is factored into the cost of doing business? How much will you pay your labor?

Who is your target market? How will you reach them and what will this cost?

You think that peeps will just volunteer this shit off of the tops of their heads because your friend has bewbies? To figure this shit out properly takes hours and hours of research and carefull planning. And even then, there is ALWAYS a margin of error and unforseen screw-ups that nobody thought of when it was all on paper. Watch the show "Pitchmen" LOL They showed a Canadian family that had a successfull business making machine parts for companies all over the world. But the dad had a dream to invent and manufacture his own gig. So he buys a patent for 2 million dollars. Then he invests another 10 million to have made and purchase the machines that will make the product only to discover that the thing did NOT WORK. So he has one of his sons start from scratch and redesign the thing. So they mass produce the thing, package, store it and approach some of the best in the business for marketing. But the product is NOT a *hit* even though it works. So 10 years and 15 million dollars later they are finally BEGINNING to recover some of their initial investment.

So the simple answer to your question is you take 15 million dollars and you can pretty much make ANYTHING work.

You know, for a dude who knows NOTHING about this type of thing you sure purport to know an awful lot.

Just sayin.

If your kyoot actress/inventor genius friend isn't to the "dog and pony show" then wtf kind of actress is she? NO ONE will open their wallets up to get this thing to market unless she has substantial data to back her claims all wrapped up in a compelling and pretty package (read = when will I get my money back and what percentage of the company do I get for how long for my initial investment). Otherwise she will be remanded to the heap of gobs of other ya-yaz with "ideas/projects/ideas" that "will make millions".

I already told you this is what my husband and I do for a living. We aren't *just internet* dumbasses that you can pick fights with because you are bored waiting for shit to download.

On second thought... yea we are. :D

Dance, I say DANCE!!!
 
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BM misses the point #823482384! Yeah!

The key is PROVING right away to people that this thing can make money. I can make an engine in my garage that runs w/o oil. Boom, billionaires will be serving my drinks trying to court my business.

Dog and Pony shows are useless, unless you love powerpoint presentations, living in airports, and bullshitting people.

As long as they see $$ in your product - you can have them all bid against each other, hire a lawyer, hire smarter business people, and then let them get the best deal for you.

That's also how it works for Hollywood actors who come here with no education, and 5 years later - making $50 million/film. :)


The key point is: Proving in others mind, how they can make made money with this - and once that is proven - starting the dog and pony show to get the best deal possible. Oh and get the smartest and best on your side. THat's the point she has to focus on once the prototype is working and kicking ass. And the hard part. I've already put her in touch with some personal biz owners to guide her, so I thihk she'll be okay. :)

And oh yeah, you're right. Once you've proven a successful business -- SELL IT! lol.

r

Name one actor that made 50 million in 5 years

Proving something will make money is done by selling the product and making money. SO until she does that good luck.

By the way I can make an airplane in my garage that will hold 2000 passengers and uses wind power. All you have to do is put those little windmills on the wings and wait for it to take off. And I also have a solar powered plane, but it has to land before dark or it will fly all the way to the scene of the crash.
r sometimes you come up with the strangest shit. If you know all these businessmen you put her in touch with why aren't you in Bev Hills doing your guitar for work business?
 
Bikinimom and GOP seriously need to get off the internet and start working for a living instead of typing on the internet! Where the hell do you get that time, I work 14 hours a day and most I can muster is 1 sentence replies! Jesus you two!

And dodohead I keep telling you to stop writing essays back to me CUZ I DON'T HAVE TIME READ THEM! STOP THAT!!

r
 
RG's thread had me curious about the issuing of patents, and considering there's already some 8 million patents (the glut of which are slight variations of things), the cost of filing, etc (thousands of dollars), the lagtime of registration (+12 months and that's IF they issue certification)...I'm thinking it may be a more profitible avenue for her to contract this same company doing her prototype to run limited productions of the piece (whatever it is) and she could sell directly via online services (Ebay, Etsy, own site).


or





She could write/pitch a script. Seriously. That's probably something you could really help her out with, RG.
 
this really has nothing to do with distribution yet. She need investors or money to make the product. Have someone mkt it to distributors. The Distributors will market it after that and take care of most of the selling aspect. The first two steps are to get it designed,built and then sold off to a distributorship
 
Shit, you're right. Good thing we gots internet here in the trailer park. Maybe if we work as hard as you one day we will be able to afford a fancy skirt to cover up the sewer pipe that comes out the bottom of our single wide.

I am thinking that it is YOU that should stay the fuck off elite. Two threads on the front page where you humiliate yourself with your obvious lack of knowledge.

So I will keep it simple since you have admitted issues with reading comprehension.

1. Does the machine even exist that would mass produce your kyoot actress/inventor genius friend's gadget?

2. Is she capable of even writing a proper business plan? I know YOU are not.

3. How does she think she will be able to raise the funds necessary to MANUFACTURE and DISTRIBUTE (silly me, going with the topic at hand) her gadget without giving away a piece of her pie... even for a pre-determined length of time?

4. How exactly has she determined what it will cost to MANUFACTURE and DISTRIBUTE (there I go again, being silly) her *thooper gadget*?

I will accept the answer to any one of these questions. That is, right after you tell me what a PPM is. Of course, your kyoot actress/inventor genius friend knows what one is... right?
 
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