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Detailed text transcripts for TV channel - MSNBC - 20130817:09:39:00

Drinking a beer looking out the window. it hit me how about a bottle opener inside a lime because when people think of limes they think of corona and with that you have an association to one brand. designee went full speed ahead on developing his business plan researching the bottle opener market. within a week s time i had a rough, rough prototype and from there it gave me a grasp of what i was visualizing. once he had a workable prototype he filed for a design patent. it cost about $4,000 and only took seven months. it s a step he probably wouldn t have bothered with if his target customer hadn t been corona. it s a plus. for us we license so many products that don t have patents. with the patent pending and a working prototype, he was ready ....

Bottle Opener , Bottle Opener Market , Business Plan , Wouldn T , Design Patent , It Cost , Dont Have Patents , Patent Pending , Working Prototype ,