[Question] How to put ideas into practise

[ians]

I need advice ... I can see what is about to happen in the near future and it gonna get exciting.

But to do what I need to do ... will require a lot more people and lots of money ... I have spent many hours researching and tinkering with solar systems ... but solar will only be apart of the plan.

I am sure all the smart people on this forum are thinking the same thing ... the product will be new and I am sure everyone will jump on the band wagon once it gets going ... but the way it is rolled out is what is going to get business.

I am tired of playing one man business its time to step up and put all my year san years of knowledge and experience to work.

[adrianh]

I need advice ... I can see what is about to happen in the near future and it gonna get exciting.

But to do what I need to do ... will require a lot more people and lots of money ... I have spent many hours researching and tinkering with solar systems ... but solar will only be apart of the plan.

I am sure all the smart people on this forum are thinking the same thing ... the product will be new and I am sure everyone will jump on the band wagon once it gets going ... but the way it is rolled out is what is going to get business.

I am tired of playing one man business its time to step up and put all my year san years of knowledge and experience to work.

By the looks of it you are investing in solar powered telepathy since you are so cagey about your idea... On a more serious note - given the general chit chat on this group you are probably looking to put an electric motor, some batteries and a solar panel on your car... I doubt very much that it will fly in the real world of regulations, government, petrol taxes, large car companies, not to mention the cost and unreliability of our electrical supply.

[Derlyn]

If you don't want anyone to pick up on and run with your idea, then this is the last place that you should be discussing it.

Good luck, brother.

The people with the kroon that you need should not be anyone involved in the electrical or solar business at all.

My 2 cents worth

Peace out ... Derek

[Dylboy]

Intresting ! I don't have a cooking clue but good luck and that is very exciting ! whoever gets to tap into your knowledge and experience will be some very very lucky and fortunate people!

Sent from my SM-N960F using Tapatalk

[ians]

I am not here to share the idea ... but rather get some advice on how to get started.

During a meeting a couple weeks ago ... it was pointed out to me that I have some brilliant ideas ... the motivation and a very good reputation for getting shyte done ... but share too much information with people ... the smart people just take the idea ... as they did ... and run with it because they have the finances to do it.

The question ... how do you go about building an empire without sharing the info to get the support and finances ... i have achieved my 30 year goal ... now I want to become a businessman and build a real business ... so instead of figuring out how to calculate the wire for a pump 300 meters away from a pump panel ... I want to start learning how to generate the funds to make the project a reality.

[adrianh]

I am not here to share the idea ... but rather get some advice on how to get started.

Just do it - Nike

That is all there is to it!

[ians]

I wish it was that simple.

[adrianh]

Ian - Look - Asking for advice without context serves no purpose. Millions upon millions of people have brilliant ideas - if turning those ideas into money was to be done with advice from a peanut gallery that has no inkling of what is being spoken about then the entire planet would be millionaires.

Let me say this: People who have big money hardly ever put money in other people's ideas - They ask themselves: Why do I need him? - Money buys skills - they simply take the idea, get a consultant and run with it (without being hamstrung by the person who came up with the idea)

If you want to get your idea off the ground then you need to get on with it, quietly, without drawing the attention of people who have serious money....they will run over you.

[adrianh]

[Ideas] ... soooooooo many ideas....

[ians]

Maybe I need to marry into government.

As I have mentioned I have reached my goal ... now I need to create a sustainable income to start enjoying the pleasures in life.

Those days of doing the right thing ... mmm ... anyone looking for an all expenses paid trip to the place of your dreams or kids university fees to be paid or maybe just a lifetime supply of KFC?

https://www.youtube.com/watch?v=3pKskFVIkYQ&ab_channel=MorningShot

[ians]

If there is one thing I have learnt form 30 years in business ... if you dont play the game ... you dont get the bonus points.

thinking about it ... I think the smallest bride to get work ... was a technician working for a company ... he wanted me to buy and pay cash for all raffle tickets he had printed .. for his kids school ... as I mentioned to him and every other person who expected something on the side or under the table ... I dont do brides and still to this day going on 31 years havent.

Its time to learn to play the game ... I am gonna have to hang my Tshirt ... "Doesnt play nicely with the other kids" up in my pub and learn the smile that looks so real.

[Derlyn]

Sometimes living in a certain area is to your advantage.

About 22 years ago, I came up with an idea.
I built the prototype to test. It was successfull.
Only problem was, I didn't know how to proceed.

I was advised by a friend to see Adams & Adams Attorneys.
They specialise in patents and commercialisation and are based in Durban.

I drove twice from East London to Durban for consultations.
It was well worth it.

It might just be in your interest to pay the consultation fee and have a chat with them.
You are fortunate. They are on your doorstep and one of the best in SA.

Just an idea.

Have a lekker weekend.

Peace out ... Derek.

[adrianh]

It is said that technically minded people make a fundamental mistake in business: We want to solve problems!!!!!!!!!

If you want to make money then learn about money - learn the rules, learn the tricks and learn the money game.

Change your outlook from being "a person that solves problems and happens to make money" to "being a person that makes money through solving CHOSEN FINANCIALLY LUCRATIVE problems"

The change in perspective has a remarkable impact because you gear your products and services to your financial plan - if something doesn't make financial sense then you leave it and move on.

....BUT...

YOU HAVE TO HAVE A FINANCIAL STRATEGY 1ST!!!!!!!

[Derlyn]

Yes

I should have underlined the word commercialisation.

Derek

[Justloadit]

Interestingly, my experience has shown that it takes just under 2 years to put a product into market from inception of an idea.

There has never been a quick into market, unless it is a derivative of an already existing product, or replacement of an existing product..

What takes so long?
Marketing!Not getting the prototype running, not the improvements to the prototype, but getting the product into a state in which it can be marketed. This includes user manuals, instructions, packaging and creating marketing material for promotional purposes.
And.... the most expense is?
Marketing! It wins again. Man it costs lots of money telling people to buy your product. Word of mouth is good for service orientated business, but as a manufactured product, you need marketing to drive the sales.
And..... When the volume is there, make sure that the price is right, too low and you out of business, too high, and the knock offs begin to appear, milking the marketing that you have done. The knockoffs even you use your marketing material to promote their crap.

And.... if you too slow or do not have capital for marketing, then you loose out to the guys who have the bucks who copy your product and have the money for marketing. Heck they even pass that it was thir original idea and you the one copying.