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Is Anyone Trying To Bring To Market A Project They Did On element14?

rscasny

Our members do a lot of projects and post them on element14. A lot of them are fun projects or labors-of-love. I am curious to know if anyone is taking it a step further and trying to take something he/she made and create a marketable product?

 

I would be even curious to learn if someone is toying around with the idea, but may not be actively trying to market it.

 

Thanks.

 

Randall Scasny

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  • In my primary field, Dental Equipment, I was able to get three products to market over the years. It was pretty much by shear luck and a lot of help from kind middlemen. While I continue to try with some of my ideas and products I have not been successful again in many years. Currently I have a Chinese instrument company looking at one of my ideas to repurpose an existing technology.

     

    There are many ways to fail at the process and few avenues to success. If one is too protective of the idea it is difficult to properly describe it and the benefits it will provide to a marketer. Obtaining Patents can delay ones ability to get the idea to market and add a layer of cost that will make it more difficult to find a buyer.

     

    In one instance I developed a product that would protect Dental Clinics from costly down time and expensive repairs to a critical piece of equipment. I produced several dozen prototypes and sold them in my own service area to my clients. My attempts to get any national marketer interested failed however. The devices were not turn key to the dentist and required a technician to install them which was a problem. More important though, the national marketers did not want to loose the sales and profits from the potential failures of the equipment my device was designed to protect. In an industry as close and regulated as the dental equipment industry the paths to market are jealously guarded.

     

    I have put most of my ideas and innovations on this web site in my blogs. I see this as a way of publishing the idea and date marking it. It is the simplest way that I know to put a little protection on them. Whether there is time for one more successful product to market or not I am not sure but it doesn't hurt to try.

     

    John

  • in reply to jw0752

    That is a good suggestion John. Documentation and timestamp on the community blog would be a way to verify proof of concept and design. This idea would not have been possible without the community.

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