Question: Is the financial investment worth the risk? I have an idea for a product and have gone to Davidson Inc. with my idea and they have sent me a contract outlining what they will do with my idea.  They will research it, find companies who may license it, then put together a portifolio, and let me decide if I want them to create a prototype for actual presentation. The catch is, it's about $700 for the research and portfolio, then potentially up to 15K for creation of a prototype with which to take to companies for them to consider. I think my idea is a good one, I know of nothing like it on the market, and I believe in it's marketability. (esp. compared to some of the crap out there in stores) What I want to know is if any one has experience with this company, and feedback. Does anyone know of the cheapest way to promote an idea or product. I can't make one. I could draw a picture with a written description. I was advised to not get a patent right away, as the product itself may require revision.

Answer: Unless you have the knowledge or resources to make a prototype yourself, your going to need a company to help you. However like the previous poster said if they are the ones that advised you not to get a patent then i'd be very wary. There are reputable companies that do deal in this but I couldn't tell you who. You could go with the private investors but again unless you can make it, or know someone who can what good will that money do?
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