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-   -   Inside the mind of a Crazy (rich) inventor... Scott Jones... (http://www.sowpub.com/forum/showthread.php?t=4513)

Phil November 9, 2007 02:41 AM

Inside the mind of a Crazy (rich) inventor... Scott Jones...
 
Scott Jones thinks up more ideas in a month than most folks do in a lifetime. Find out how he makes them pay...

Checkout his slide staircase in his house and his bike as he scans data from eight computer screens... :)

Great continuing story and Fun read... Don't miss a link...

You just might Get a few Brainstorming ideas & Learn a thing or two... ;)

Never give up
Scott Jones doesn't let past misses impede future hits...
http://money.cnn.com/2007/10/08/smbu...ion=2007101111

http://www.scottajones.com/
http://www.scottajones.com/index.php...neur_resources

Phil

Duane Adolph November 11, 2007 11:49 AM

Re: Inside the mind of a Crazy (rich) inventor... Scott Jones...
 
Phil Thanks for the link to this story. FASCINATING!

I had never heard of this guy before. He's brilliant. I like this quote about his first company he started fresh out of college...

Excerpt:

"The new company that Jones and Carr launched, Boston Technologies, pitched the Baby Bells a product that promised to handle 20 times the call volume of their existing systems, guaranteed 99.998% reliability, and would be delivered in three months at roughly the same cost. Bell Atlantic took them up on the offer. There was just one problem: Their product didn't exist. "Not yet," as Jones likes to say.

"You have to be completely nuts to be as young as we were and say, 'We're going to make a major change to the public telecom system,'" recalls Carr, 47, by phone from Mozambique, where he's making philanthropic investments. "I give Scott a lot of credit for bravery." Jones barely left the office for three months, sleeping under his desk - when he slept at all. But he delivered. In 1998, with revenues up to $105 million, Boston Technologies merged with Comverse and took its name."


How often have we seen businessmen selling something which doesn't exist yet?? Then making a fortune on it.

Thanks Phil my minds a blazin' with ideas from this one.


Quote:

Originally Posted by Phil (Post 17614)
Scott Jones thinks up more ideas in a month than most folks do in a lifetime. Find out how he makes them pay...

Checkout his slide staircase in his house and his bike as he scans data from eight computer screens... :)

Great continuing story and Fun read... Don't miss a link...

You just might Get a few Brainstorming ideas & Learn a thing or two... ;)

Never give up
Scott Jones doesn't let past misses impede future hits...
http://money.cnn.com/2007/10/08/smbu...ion=2007101111

http://www.scottajones.com/
http://www.scottajones.com/index.php...neur_resources

Phil


Dien Rice November 11, 2007 11:02 PM

Selling a product... BEFORE it exists!
 
Quote:

Originally Posted by Duane Adolph (Post 17630)
Phil Thanks for the link to this story. FASCINATING!

I had never heard of this guy before. He's brilliant. I like this quote about his first company he started fresh out of college...

Excerpt:

"The new company that Jones and Carr launched, Boston Technologies, pitched the Baby Bells a product that promised to handle 20 times the call volume of their existing systems, guaranteed 99.998% reliability, and would be delivered in three months at roughly the same cost. Bell Atlantic took them up on the offer. There was just one problem: Their product didn't exist. "Not yet," as Jones likes to say.

"You have to be completely nuts to be as young as we were and say, 'We're going to make a major change to the public telecom system,'" recalls Carr, 47, by phone from Mozambique, where he's making philanthropic investments. "I give Scott a lot of credit for bravery." Jones barely left the office for three months, sleeping under his desk - when he slept at all. But he delivered. In 1998, with revenues up to $105 million, Boston Technologies merged with Comverse and took its name."


How often have we seen businessmen selling something which doesn't exist yet?? Then making a fortune on it.

Thanks Phil my minds a blazin' with ideas from this one.


Thanks Phil - I agree with Duane, it was fascinating!

And thanks too Duane for highlighting that - that little detail passed my notice. But I agree, it's very important!

You CAN sell a product BEFORE it exists. Why is that important?

Because it means you can start making money without much capital!

Many people say - "Oh, if only I had a little money - man, I'd use that to get rich!" But - there are people who manage to get started with little capital. (I just wrote a "SeedZine" issue on this, for those who are signed up to it.)

Thanks again Duane... :)

Cheers,

Dien


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