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Harvey Reese Associates - Money4ideas.com
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"and two to take advantage of him". So it goes.
Harvey is apparently successful with toy-type of invention. He sells himself very well. That`s the secret of most consultants, as they say, are the one who borrow your watch to tell you what time it is, and send you a bill for it.
Pilgrim, you`re may be right about me having my plate full, and Harvey doesn`t. He works in low tech areas that takes little work, whereas I work in high tech. But mind you that I have low tech inventions too, but applied to big-ticket items, like solar energy systems. I`m just very green, and love it.
Pilgrim4/20/2008 1:52 AM
I`m not critical of Harvey, just share my insights about inventions and "invention promotion" firms.
I remember I corresponded with Harvey once. He does well getting paid for screening ideas sent to him, and from his 40% cut of royalties for the few ideas that he helps sell license for. He`s even honest about NOT dealing with high-tech products because he`s not qualified for them.
No I don`t do licensing deals for toys but I do manufacture simple devices and sell them. My specialty is simplification of many things I see as "high entropy" or simply said, too complicated for the job.
You may have read about my cost-reduction in solar PV installations, but can`t figure out how I do it. We`re going to franchise my system to major PV installers.
I don`t need to know about your invention but I`m curious - naturally, and my many connections could help me helping you. VIPs email me all the times. Even the ambassador of Vietnam wanted to see me at his luncheon but I refused because I don`t want to spend such a time for his pleasure.
So if you want to hear my opinion, email me for an NDA as you should always with strangers before showing me something. I don`t do it for money but for fun. Maybe I shouldn`t. But I still post a lot here, as entertainment I guess. That`s easier than tackling a major project late at night.
I hope you benefit from Harvey`s book. I did pay for one from Dave Barbarich, who now becomes full-time scammer. His invention was "finger-tip soldering iron" I haven`t seen anywhere. To me DAve was a small-time inventor turned "scammer of inventors". I hate such people. He owns "Invention Publishing Corp" and many other scamming firms. An example of people drawn into the dark side because of greed for money.
Edit: I googled "invention publishing" and found them as first link.Innovator74/20/2008 2:33 AM
must read for wannabe inventors.
I have only Reese Associates NDA. Why don`t you call when its convenient.
Bill
PS My favorite brother`s name is Vu. Stepmom was Le Tran Hoover (Passed now.)
Doesn`t really mean anything. Nice to be thinking of them though.
My email is thewaywardpilgrim@gmail.com
Pilgrim4/20/2008 4:51 AM
So sending your ideas off to these "idea evaluation" companies is guaranteed to separate you from your $185, but if the idea is actually a good one, you have also probably lost any ability to license it to anyone, unless you have already obtained your patent.
Don`t be fooled. Generally, the only way to make real money is to start a real company. You can`t just come up with ideas and sit around and collect the royalty checks.
If you have a good idea, a prototype, and a business plan, you can seek funding from angel investors and such, but they won`t charge you a scam "evaluation fee". Any time you see this type of fee, run screaming away!
Gary
While that would seem to be true, and is possibly so. Harvey`s book proclaims that one CAN get a contract to license, and that the company who needs the idea will pay for the patent in your name as part of the contract to use the idea. If I recall, there are safeguards to protect the idea, even if not patented. Harvey explains these themes in detail in his book: How To License Your Million Dollar Idea. Until his proclaimations and assertions and methodology are specifically affirmed or credibly discounted, I think it only fair to say I think Harvey`s probably correct---especially if handled as described in his book.
On the other hand, he gives very credible information regarding the difficulties and expenses involved in gaining the patent(s) and then still having to find manufacturers, etc. Harvey does warrant that the smarter way is to get the companies to arrange for the patents in your name, which can be done according to his method of establishing oneself as the source of the idea. I`m sorry I can`t recollect the specifics--but do recall it made sense and seemed the smarter and cheaper way to go, by far.
His book is remarkable, even if it all about bringing in clients for "condidering your idea". $185 is alot for many or most beginning inventors. Seemed a good first step, considering other first options.
Bill
Pilgrim4/22/2008 9:46 PM
Just my two cents....Trent
NAME fraud
NAME disclosure (some invention promotion companies a legally required to disclose how many customers have made more money then their initial investment into the NAME company)
NAME success.
I just initially found this:http://www.ripoffreport.com/reports/0/1 ... 161569.htm
Evaluation of a product is worthless if a company cannot provide salient advice as to how to PROCEED next.
Move forward with caution.
Some resources which may help you out...http://www.marketingsource.com/articles/view/3338http://bart.tcc.virginia.edu/InventionA ... poHome.htmDesignMyIdea6/12/2008 5:04 PM
I am a new inventor I seeking grant money for my inventions does this happens. I have tried these new start up company`s I am taking HSN or QVC they are talking trade shows i in need of an manufactor not a trade show never the less to mention thier price is costly for a working class person
Thanks
1day
1dayu26/23/2008 3:04 AM
1dayu26/23/2008 3:11 AM
Ideaguy17, is your idea patented? Or at least "patent pending"? If not, I think you have zero chance of this guy "licensing" your idea. If it`s really good, he`ll just produce it himself - there is no legal requirement for him to pay you for an idea. If it`s not really good, I hope you get $185 worth of feedback to help you improve it...
Looking forward to hearing about the response that you get!
Thanks!
Gary