How do I pitch this intellectual property?

This is a discussion on How do I pitch this intellectual property? within the Business Contracts & Partnerships forum, part of the BUSINESS & FINANCE LAW category; New Mexico: This question is not New Mexico specific. I have an intellectual property in the form of a tool ...

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Old Apr 16th, 2008, 03:00 PM   #1
Joe Hughes
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Default How do I pitch this intellectual property?

New Mexico:
This question is not New Mexico specific.

I have an intellectual property in the form of a tool that is going to solve a serious problem on the field in American football and revolutionize the way the game is played.

I want a specific NCAA team to test it under a licensing agreement that says they owe me nothing if it doesn't work, and they owe me a substantial one-time fee for unlimited use if it does---the details are not important to this question.

Here's the problem: I have no professional experience in football, and it will be extremely difficult for me to get an audience with the athletic department at any college. After all, no one in the history of football---college or pro---has ever been able to solve this problem, including today's multi-million-dollar coaches; what makes me think I can?

So, in order to get it in the door, I want to pitch it to a private multi-billionaire who has a passion and obsession for doing whatever it takes to put this particular team at the top of the football food chain. He could walk the idea right into the athletic director's office.

Should I have an attorney approach him, or should I do it myself?
Should it be casual, or should it be legal---non-disclosure agreement, etc.?
If any, what kind of attorney do I need: contract, IP, business, etc.?
How should I contact this gentleman?

I very much appreciate everyone's help.
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Old Apr 17th, 2008, 11:47 AM   #2
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Default Re: How do I pitch this intellectual property?

You can hire people to try to get introductions.

Or you can pitch it yourself--that works more than you might think.

If they like part of the idea they may want to hear more.

I am sure world law could get you a meeting if the product is great. You might try emailing them as well below.
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