Innovation in the US - is it possible for someone born into poverty to succeed with a great idea?

This. I will add that ideas are only money makers if people buy them. In order to buy them, they have to benefit the people who make the buying decision.

An example:

Construction site porta-pottys are hot smelly, nasty affairs. Guy comes up with a solar powered vent fan that make them much more tolerable.

Problem is, that this makes them more expensive. Also porta-pottys are subject to rough use and deliberate valdalism, so you are adding a high maintainance item. The people footing the bill to rent the porta-potty are not the people that have to use them, and don’t really have much stake in the comfort of the users. There are labor laws that require these things on construction sites, and the people paying the bills want the cheapest thing that will satisfy the OSHA inspector. So you have a pretty good idea that nobody wants to pay for.

I realize there are many people who don’t know how privileged they are, but $6,000 is certainly a lot of money to a working person. I’ve been working steadily my whole life, and I’ve never seen half that much, and a patent by itself is useless - I’d need much more than that to actually manufacture something.

Second these recommendations.

Also the best way to attract investors is not through a prototype or patent application - sufficient documentation should be enough - but through a business plan. SCORE and the SBA hold several workshops on these at low cost. University and libraries may also hold free seminars. And the most important part of that plan is the marketing section - what is the profile of likely buyers and the size of that market, and what are their price points. Everything else - financial projections, manufacturing concerns, growth rates, all are based on the marketing numbers.

An additional avenue is looking at business incubator programs offered through universities.

I agree that is much more difficult to bring an idea to market if one is poor, but if one lacks the means to do so, then concentrate on getting access - networking is perhaps the most important resource any successful enterprise needs. Network with local businesses, academics and other community resources. The greater cost here is only time. Join relevant trade and industry associations or subscribe to their publications which are usually not that expensive, and can be expensed once the business is established. Networking also helps develop the skills you will need to develop sales contacts once the firm is established. Even the best business plan is a glorified pipe dream unless you have the skills to actually sale the product. Attend as many workshops and seminars as possible on developing sales as well, and look for a partner that has a great track record in that area.

A good idea here would be to look for a part-time job in sales, even if non-commission retail.

Even if your goal is not be a business owner, and most inventors are actually terrible at that aspect, the process will help you understand the commercial issues involved and be an informed partner, even if not a controlling one.

I wish you the best of luck. Just recognize the time commitment as well. I would spend at least a year on networking and developing the business plan, and another year of going through the start up phase. If you are incredibly lucky, you might show a small profit at the end of the second year.

Since the OP is concerned with a question in general rather than asking for specific advice for their situation, I’ll address that. Also, for Flying_Monk, please note that I’m taking about things in general and not implying anything about your situation.

Is it possible for someone born into poverty to succeed with a great idea?

There are many issues here, one which hasn’t been discussed is the question of how poverty plays into this. One of the problems with poverty is that people don’t grow up learning money management skills. There was an interesting book which followed several sisters who lived in poverty, on and off welfare, and their struggles. It talked about how they would sometimes get money, but through poor choices wouldn’t be able to keep it.

For example, one of the sisters had a job as a nurse aid in a nursing home, and had managed to buy a car and spent too much for it. Her boyfriend got drunk and wrecked it and they weren’t able to afford another one. The job was off the bus line and so she lost her job. Other times, when they would get a little money, then they would just spend it.

My family was not that poor, although we only became (lower) middle class by about the time I was in junior high. By nature of how the school district was divided, even though our neighborhood was working class, I went to elementary school, junior high and high school with the richest kids in Salt Lake, and definitely felt the difference. However, that was nothing compared to my parents who both grew up on poor farms, with my father’s family in dire poverty and my mother a little better, although with six children, they only had enough money for her to own one skirt for school, for example.

My parents managed to get into middle class, but wouldn’t pay for school for us, so it took me eight years to get though my engineering job while working full time nights for several of those years to save enough money to pay for the rest. Over one of the summers, I remodeled half of a duplex for my mother and she took that instead of rent. I would work all night, go home for an hour of sleep, then to class, back to home, more sleep, up to study then off to work.

I managed to succeed in business, but my younger brother, though, is homeless (with untreated mental problems) and one sister has never worked very long at one place.

My cousins grew up in poverty, and the oldest tells me he always carries around gum with him now to remind him of when he was so poor he couldn’t afford even that. He’s now a successful businessman, but several of his siblings are still struggling with money. One of my other cousins was just like the poor family described above, and anytime he got any money it would just be gone.

Another problem is that when you grow up poor, then you often don’t see how other people succeed. I was the only boy in my age in my neighborhood who graduated from high school, let alone go on college. In contrast to that, my friend’s family was highly educated and it was always assumed that he would get a graduate degree.

There was an excellent series in the New York Times a while back about class in America, and one of the articles talked about a lawyer who grew up in poverty in West Virginia, and the the struggle she had fitting into first university, then law school then professional society. She was quoted as saying that while we think anyone can grow up in America to become president, it is too much of a gap for people from poverty.

There are people who do get out of the poverty mindset (and again, I’m not saying anything about the OP, this is just a general discussion), but it’s not easy.

Next is the question of where to learn the skills necessary to succeed in business, and even which skills are necessary.

There are people who do it, and those I know, like my successful cousin, do it though persistence and hard work; two qualities which seem to be a prerequisite for success regardless of status at birth.

Not only is it difficult to succeed starting from poverty, it’s hard even coming from a struggling working-class background. I probably came from approximately the same sort of background as TokyoPlayer. TokyoPlayer describes it as lower middle class. I would rather describe it as struggling working class. The problem is that the term “middle class” is used too broadly in the U.S. It’s used to describe families with, say, two working parents and two kids regardless of whether their annual family income is $40,000 or $180,000, when in fact the lives of those two families will be greatly different.

Most of the kids I went to school with had fathers who were farmers or factory workers (or both, like my father). There was no encouragement to succeed among my peers. If you were the smartest person they could ever imagine, they might think that there was some chance that you could go to a second-rate state university and come back to teach high school. When I said that I wanted to go to some first-rate college to study math and perhaps go on for a Ph.D., they told me that I was a snob and a traitor. (My parents, although they couldn’t do much to encourage me, at least didn’t throw any obstacles in my way.)

It would have been even worse if I had wanted to be something other than a scientist. I suspect that in the late 1960’s when I was in high school there was a general knowledge of what a scientist was that wasn’t true of some other sorts of professions. Perhaps because this was in the middle of the space race, people who I grew up with had a vague knowledge of what a scientist did. On the other hand, if I had told people that I wanted to be an archeologist or a professor of philosophy or an economist doing financial analysis for the SEC or a cellist in a professional orchestra or a simultaneous translator working for the UN or a Pulitzer-prize winning book reviewer for various magazines and newspapers or a hedge-fund trader or any of numerous other sorts of careers (most of these examples are things that I now know people doing them), the people I grew up with would have told me that I wasn’t just a snob and a traitor but insane. They would have said that I must be making up those jobs.

The harsh reality is that if you are born poor, you will stay poor. Your children and their children as well.

Not only do you not have investment capital, you learn habits from your parents that will cause you to continue the cycle. You make friends who are also poor. You go to the worst schools. Your entire value system is affected.

See if you can precisely answer these questions:
1 - What problem are you trying to solve?
2 - Who has the problem (who is the end-use customer)?
3 - Who loses/makes money because of the problem/solution?
4 - Will the money losers/makers agree it’s a problem?
5 - Do they have a way to solve it already?
6 - How many people have this problem?
7 - How much would they pay to use your solution?

If you’ve not given deep consideration to these questions, you need stop what you’re doing and figure these out, being realistic (the hardest part).

If your target customer says yes to #4, most likely they will answer to yes to #5 as well. If so, your idea isn’t revolutionary, it’s simply different than the competition.

You say your idea applies to an industrial market. I suggest you take a couple days off and check out “The Innovator’s Dilemma” from the library. This book will help illustrate the opportunities and obstacles of trying to enter an established market place. It may not be the best book on that topic, but it’s one that comes to mind. You’d do well to spend some time carefully analyzing your situation.

Yes, good advice, and I’ve been over these points - I did my homework before putting all this work into the project. I’ve made some more connections, and I’ve secured a meeting with the local chapter of SCORE as well. Hopefully this will be successful enough to enable me to develop some of my other products. Thanks again to everyone for their advice.

Excellent news! There is a lot of material contained in this thread, but I wanted to highlight two more things briefly: The first already brought up by Absolute is to make sure that you protect yourself with an NDA (non-disclosure agreement), you can find them on the internet and adjust them to your needs/field/language. You don’t need everyone to sign one that you talk to and many people won’t, but for these people and the general public, only discussion of the market, the market size, the price range, etc. in broad terms is sufficient.

The second is that you don’t have money to prototype, etc. but what you do have is your idea and that in itself has value. Giving someone 5% current equity stake in your idea for a full fledged prototype is a possibility. Having a discussion about the concept with someone who can prototype it will both bring more value (in this case, validation of the concept and optimization of the idea) and bring your idea closer to fruition. I founded a small biotech company and we had to trade about 15% of our equity before we were up and running for everything from office space to supplies to some initial lawyering. Don’t give away too much, but if you can’t find someone who will do some work for you for equity in the company (or future company) than that says something about the idea as well. You don’t need nice formal documents for such offerings. Just draft a letter saying what the agreement is: "5% of company ownership and all benefits thereof as of the ownership status on Feb.15, 2010 in exchange for a functional prototype. If prototype is not delivered, ownership reverts. Or something as simple as that. Sign (and notorize <$20 if your new partner wants a little more formality).

Charles Goodyear was dirt poor and spent decades of his life developing his wacky ideas to use the sap of the rubber tree plant as a flexible, water tight and air tight product. Turns out he was absolutely right about how influential it would be. How he knew that is still beyond me.

It seems I’ve answered my original question; it’s very difficult to succeed without being born wealthy, but I haven’t given up yet. I’ve met with the local SCORE office & I’ve been told that money is available, but that I’ll have to find business partners. I’ve also emailed professors at a local college, and contacted several more companies, but I haven’t gotten any replies.
How does one find knowledgeable people interested in starting a business?

I wouldn’t expect any replies.

Taken from the other end (graduate student work), professors get these kinds of emails quite often and the vast majority of the proposals are unworkable or outright a waste of time.

I’m not making a judgment on your particular idea, but there’s a lot of people with lots of ideas trying to get anybody to listen to them. And it’s really easy for a professor or a corporate representative just to ignore all such emails since it’s really not worth the hassle to find that one diamond in the rough (especially when the professor’s associated research group is also generating pretty good ideas).

Also, it adds some protection from lawsuits - it’s easy for somebody to claim a company or a professor’s own work was actually stolen via email correspondence. Much better to ignore and delete and minimize the chance of frivolous lawsuits.

It’s best to somehow get face to face meetings. There are professional associations and universities will sometimes have innovation meetings and such. It’s another hurdle, but if the idea is good, then it’s worth the effort.

The reason there are hurdles is that there really are a lot of people with lots of ideas. It’s just not feasible to give them all a fair hearing and most of them are truly non-starters. Maybe that means some good ideas aren’t even given a chance, but it ends up being a more efficient use of time than dealing with all the cruft, too.

Agreed.

A while back I saw a book entitled “Accidental Millionaire” which posits that Steve Jobs basically freeloaded on Steve Wozniack’s invention; that he himself added nothing to the invention of the Apple computer.

Bullshit.

Even if Jobs added nothing to the technical creation of the Apple 1, he was almost totally responsible for creating the marketing that made it not just a success, but a phenomenon.

Without Wozniack, Jobs would have become a milllionaire selling coffee or shoes or some other consumer product. Without Jobs, Wozniack would still be tinkering in his garage in Cuppertino.

Jobs and Wozniak were partners. How could he possibly have been “freeloading”?

See if your state university has a Small Business Development Center, or if the university’s Extension group has Small Business agents. These can often be sources of low-cost education and information for entrepreneurs and small businessmen, and they may be able to help you find ways to network.

An example from the University of Wisconsin (my graduate assistantship was with them):

Arg. What do you mean, “born wealthy”? Last time you said you’d been working for years but had never seen $3000 in one place at once. I hate to tell you this, if you can’t scrape together $3000 in savings, you’re never going to succeed as a businessperson. You just don’t have the correct mindset about money that a businessperson does.

Plenty of people are born and inherit nothing and put themselves through school and get decent jobs. If you’re making $40,000 a year and just barely scraping by, if after a couple years you got a raise to $50,000 a year you could be saving $10,000 a year. After ten years you’ll have $100,000 in the bank. It’s easy to save that much money, except it’s actually very difficult. Making $50,000 a year for twenty years doesn’t sound like much money, but it adds up to a million dollars. Someone hands you a million dollars for twenty years of work, and you can’t spare $6000 out of that amount?

Note that this has nothing to do with your invention. You could have a really good idea that could potentially generate a lot of money. That doesn’t matter.

all those upthread examples of inventors who did well are as relevant to your situation as the case of King Arthur to the life situation of a modern inhabitant of England. That was in another country, and besides the wench is dead.

This is the here and now. The place where rents are high, jobs are scarce, salaries are low; and the people are busy, dumb, arrogant, know-it-all and risk averse. Goodyear apparently had or earned money to keep himself from being homeless during his decades of work. If you don’t have that part down, focus on that first and foremost.

Patents are expensive and not something that a soon-to-be homeless man should be investing in. Provisional patent applications are just insane - you get a year, and then the invention cannot be patented anymore. If you don’t have money within that year (by far the most likely scenario), it’s all over. So might as well keep your invention to yourself, or shout of it on street corners, but in any event not bother with the USPTO.

Go on the show “Shark Tank” and get one of the sharks excited with your product. Profit!!!

This is what I mean about people having no clue how privileged they are. How many people do you suppose make $40,000 a year?!? A lot of people don’t even make the legal minimum wage - I’ve taken home $3 an hour in more than one job. I’ll keep your “correct mindset” point in mind the next time my car breaks down, or I have to go to the hospital.

Seriously, why do so many people have to sling insults? I posted here for advice; if you’ve got nothing useful to say please post a reply on YouTube.

I’m an ambitious, hardworking person who’s tried to improve myself my whole life. I’ve never had an alcohol, drug or gambling problem. I don’t have cable - I haven’t even owned a TV in over fifteen years. I’ve hardly led the kind of lifestyle that deserves scorn.

In order to develop my idea, I’ve had to teach myself electronics, microcontroller programming & implementation, and various aspects of metal fabrication. If someone like me can’t put good ideas to use, or even find a decent job, what does that say about the state of the US today?

I’m not a crackpot. My idea is revolutionary, and the technology has many other applications, though I’ve stuck with a field I know well. I’m trying to find business partners, or investors, or both.

I see two main problems, here.

  1. You are seriously overvaluing the worth of your idea. I’m not saying that your idea isn’t great as far as ideas go (how could I know?), I’m saying that ideas by themselves just aren’t worth very much, no matter how good they are. The reason I know that you’re overvaluing it is that you’re being very cagey about what it is. You haven’t even told us the general area in which it applies.

Paul Graham on Startups

Asking people to sign an NDA or worrying about getting a patent are not productive ways of turning your idea into a business.

No one is going to steal your idea.

Hell, right now, no one is even willing to listen to your idea.

You need to get people excited about the product you’re making. The risk of you just failing due to obscurity and no one ever finding out about your plan is so much greater than the risk of someone stealing your idea that it’s not even worth thinking about the latter at this point.

  1. You mentioned several times that you are experienced in the field, but you’re emailing random professors and people you don’t know. Why don’t you have contacts who are willing to listen to you in this field that you have lots of experience in?

Your plan of producing a prototype is right on the money, though. People will be much more willing to listen to you when you can show them a functioning (if incomplete) version.