Original ideas — do you think they have any legs?

 

We went by train to Port Elizabeth in April 2017. Almost all the railway stations were in the same condition as this one at Koppies. But where has the maintenance budget monies gone? New ideas are needed to encourage local and foreign tourism.

An Internet marketer was saying on his podcast that the original business ideas don’t work. A start-up just doesn’t have the deep pockets to advertise an original product or service. Far better, he said, is to copy something that is already working.

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Is it really as simple as this? Well, for one thing if you see what is already available on the market and is being advertised, there is a good chance that the product or service has found a target markets and is bringing in revenue for the start-up or small business. The veteran Internet marketer’s advice was to go for niche markets that are already proving themselves. The trick is to check out the product or service, find its holes, flaws and shortcomings and then to produce something better. Continue reading “Original ideas — do you think they have any legs?”

What you need to know about protecting your ideas

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(Photo credit: MikeBlogs)

You’ve worked damned hard to grow your brilliant idea into the tangible form of a product or service. What protection do you have to prevent others from copying it? Is it worth the trouble to seek copyright, patent or trademark protection?

If you’ve done your homework, and strongly believe that your idea is unique, then it’s worth taking a look at having your intellectual property legally protected. It could be worth the cost because your brilliant new product or service gives you your entry into the marketplace as well as a competitive edge. Continue reading “What you need to know about protecting your ideas”