How do I pitch an idea to a corporation without getting screwed?
July 2, 2010 5:36 PM Subscribe
Can I make a company sign a contract that says that they will have to pay me a certain percentage of profits for an idea?
posted by defmute to Work & Money (14 answers total) 1 user marked this as a favorite
I have an idea for a fragrance and want to pitch it to a company, say Ralph Lauren, but I don't want to flat out tell them what the idea is without being sure that I will see some profit out of this idea. Does it make sense, then, to draft a contract that would prohibit the company or anybody involved in the company from using my idea without cutting me a certain amount of the profits? Is this something that people do? If not, does it sound like a sound plan?
Also, how hard is it to get a meeting with someone I can pitch my idea to at a corporation? If this all works out, I will buy everyone on meta filter a Hundred Grand chocolate bar. Thanks!