ThinkGeek wants your ideas, and they are willing to pay for them!
Our friends over at ThinkGeek
are a smart bunch of bananas. They know that even though they have the coolest nerd-gear available that the best ideas are yet to come, and they are going to come from makers just like us. That's why they've recently launched the IdeaFactory
, a place where you can submit your awesome product ideas and (if they like them) they might just turn it into a product to sell on their online store!
"If ThinkGeek chooses to make your idea into a real product, we'll pay you an advance of $1000 and then 10% of retail sales for the life of the product up to $1 million in Net Sales. When your product reaches $1 million (yay!), the rate drops to 5%...you will also have the opportunity to purchase any quantity of the product at a reasonable price just above cost (excluding shipping). You'll be free to sell that product on your own website or when you make public appearances at conventions, trade shows, or other public events. This way you can show off your genius work and point proudly to your wallet while chuckling manically to yourself."
What are you waiting for? Head on over to the IdeaFactory
and check out all the details, then submit a few of your ideas!