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/biz/ - Business & Finance

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981846 No.981846 [Reply] [Original]

during a beer conversation, a friend told me about an idea for a niche market and said that we both should get on board with it.

If i told him that ill take his idea and design and make a working prototype for him to sell to the said niche market and if he does a little bit in the process of design like suggesting placement, how would I fill out the
patent?
I'm pretty sure on the business side he gets half of the profit, but do I sign my name alone on the patent?

>> No.981859
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981859

>>981846

yes

what is the idea fagget?

rare minimalist pepe in return

>> No.981862

>>981859
>implying thats minimal
9x9 pepes are the new standard brah.

>> No.981864
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981864

>>981862

>> No.981867

>>981864
64 bit. Shit is getting real

>> No.981868

>>981859
so it wouldnt be a dick move to patent it under my name?

retrospectivley, it would insure myself if the product sells well for me getting half the profits.

>> No.981870

>>981864
Pepe of the year award!

>> No.981874
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981874

>>981868

take into consideration that no matter how airtight your patent is, unless it's pharmaceutical someone will just redesign it anyway

I doubt your idea is that groundbreaking that you will become billionaires so it probably doesn't matter, just tell us what it is

>> No.981877

>>981868
Fuck off with your idiot patent on some useless shit you and your boyfriend will never do. This is about pepenomics.

>> No.981880

>>981874
so the patent should be under my name then since i did most of the work? cool.

the idea is a sturdy gelatin that retains its integrity under heat that is shaped in a cylinder like apparatus and used for suppository applications.

>> No.981887
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981887

>>981880

been done sadly, www.bad-dragon.com

>> No.981937

Similar situation to OP, i have an idea for a product in a niche market but i have no means of making the auctal product. So what are the steps that i have to go through to design and sell this product? I have had intrest from several people just no prototypes to show validity.

>> No.981941 [DELETED] 

>>981937

It would help if you told us what the product was m8

>> No.981954
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981954

>>981937

tell us a bit more info m8

>> No.981966

>>981868
Ok ill invest some money. But not more than $20,000 twenty thousand US dollars and zero cents.

>> No.981986

>>981954
Cutter for joint tips, planning on selling it as a promotional items to cannabis companies so they can print their info on it thus advertising directly to their intended customer base. Its the first of its kind and the fact that it can be used as a swag item apart of conventions will help sell itself even more.

>> No.981990

>>981966
>>981966
>Investing in the doer that is also the patent guy...
> Hey anti-Steve Wozniak, seems like your pimp thinks you suck at everything. Can I give you money, because I really don't like having money.

>> No.981999
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981999

>>981986

the product is just wut tier, why would you cut the tip of your joints? how is this different from a cigar cutter?

>> No.982003

>>981887
Kek

>> No.982005

>>981999
It cuts and rolls the tip from any inserted paper. Cigar cutters cut the tips off already made cigars, this cuts and rolls the tip (roach) so that you can put it inside the joint.

>> No.982010
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982010

>>982005

I don't see it being a thing family, rolling a roach takes like 5 seconds, why would you carry a little machine to do it for you?

>> No.982104

>>981846
>>981937
Start an S Corp, put the patent in the name of the S Corp and assign yourself shares that you and your partners agree on.

>> No.982479

>>982010
Think of it as a promotional item more so, half the shit you dont use in swag bags that you get in conventions. But companies will pay to print their name on whatever related products for name recognition.Currently there are no related products for cannabis except for lighters which are a bit more expensive compared to other swag items. It does a bunch of other things to the roach and it will have other features as well. But the rolling and cutting of the roach is what we are building the other features off of.
>>982104
I already registered the patent to myself, but thank you for giving more reading to do. But honestly think i am far away from incorporating anything. Just a pipe dream for now (No pun intended)

>> No.982491

>>981864
WTF FAKE 9x9
the eye displacement leads me to believe this is at least 25x25, possibly even more.

>> No.982499

>>981846
So you're going to build everything while your friends gets half of the profit? This is very amateurish / imbalanced of a partnership and usually happens when skill guy (useful) teams up with business / idea guy (useless.)

Protip: ideas aren't worth shit.

>> No.982503

>>981887
Laffed