Quote Originally Posted by Joe S. View Post
I attended a class presented by Mike Rounds, one of the developers of Teddy Ruxpin. He sold a disk with contracts and such to help you try to sell your idea, he stated in the class the average royalty was 3%, I do not remember if that was gross or net, I think it was gross.
JS
3% makes a lot of sense huh. I mean like; without the idea they would have 97% of nothing. These business people are ruthless. Passionate about seeing the rich get richer and the poor get poorer. On the other hand, the people behind all of the magic, the designers who come up with the ideas are genuinely just passionate about their work.

Few years ago I often wondered what exactly would motivate someone to create a virus. I now know the motivation behind it. My advice: if you have a seriously good idea, keep it to yourself until you can personally fund it.

Don't ever trust anyone

Trent Jackson