Funding your Invention

The cost of experimentation for the amateur inventor can be very overwhelming especially when one is on a limited income.  A lot of would be inventors even though they have a great idea for an invention, give up for lack of money to purchase the required materials needed to build and test the invention.  Scientists have always been plagued with the problem of money so you are not the only inventor suffering from this age old problem.

What great inventions have been lost to mankind because the inventor was unable to build their inventions due to lack of funding? The answer to this question has no answer but the problem still exists today for most inventors.

For the garage or backyard inventors this lack of funding provides a real challenge. Sometimes garbage dumps, surplus equipment, and parts are the only way to cut the cost to build the invention. The problem is that the part that is required for the invention may also be the reason that the piece of equipment has been discarded. An example of this is that I needed a high voltage transformer for one of my experiments. I went to the local garbage dump and retrieved an old television set. After going to all the trouble of taking the television apart and removing the high voltage flyback transformer only to find that the transformer was dead. What a waste of time and energy. My invention is still sitting in a box on the seat of my motorhome waiting to be completed.

I do not know what your emails look like but I get several hundred emails a day a lot of these emails are advertising how to make large amounts of money every day. I decided to take a little time and look into this creative way of making money. Is it real or is it a scam?

The best results I found was by a young fellow in the US who made a whole $195.00 in three weeks. The following week he only made $52.00 with two sales of his product. At least he was honest, and lets face it an extra $240.00 per month would buy a few parts for an invention. No matter how you look at it, with the amount of time a person needs to spend to make money for the invention plus their regular job that supplies them with food and shelter, there is very little time left over for working on the invention. A person also needs a little time for personal enjoyment and with a limited time to work (24 hours) there just isn't enough hours in a day. When one gets older there just isn't enough energy available in the old body to work 18 to 20 hours per day.

Then the question becomes what does one do to generate income for the invention?

An inventor could approach someone with money who would invest in the invention with the hopes that the invention would work and make them lots of money on their investment. With our world economy as uncertain as it is these investors are few and far between.

If anyone out there has any ideas as to how to generate money for their inventions please email me at alternative.energy.blog@gmail.com and I will post the information on this blog.

Until next time.