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footnlongline

New watersport product liability

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footnlongline

I am currently developing prototypes for a new piece of watersports equipment that will revolutionize the industry and am curious if anyone had any product liability expertise? Because this concept is so radical and guaranteed to take the industry by storm, I am unable to share the very nature of this product w/o once again exposing myself to idea theft. If it all goes according to plan I will give MC members a chance to buy at cost 6 months prior actual marketing date.

I've been tweaking the product, and it's alot of fun but like all watersports, it carries the risk of injury. This is new territory for me, should I proceed?

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Bill_AirJunky

Coming from the early days of the AirChair & SkySki...... I'd say HE|| YES you should proceed!

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msuwaterski

I am not the guy you are looking for. However, you have peaked my curiosity. How long before we get a sneak peak at this new toy?

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footnlongline
I am not the guy you are looking for. However, you have peaked my curiosity. How long before we get a sneak peak at this new toy?

It is still in it's infancy, maybe the end of next summer but I want to make sure I get it right the first time. I'm also trying to tweak it for certain tricks and learn how to do them. Some folks already are looking at me and/or it with either laughter,curiosity or outright horror and it's hard to keep it under wraps. Maybe I should be trying it at night. You guys will be the first to see it when it's ready.... If I don't kill myself with it first.

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Boat Rocks

Patent the product before you move forward, product liability will be based on a per unit cost. (grab your a**) I hope you have considered PL in your cost per unit, most people over look that part of the equation.

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Soon2BV

You should consider documenting your idea and then talking with a product liability attorney.

You might find your best approach is to refine the product and then sell it to a mainline manufacturer that can spread the liability exposure over several products.

Non-Disclosure agreements can protect you.

Getting a patent is an expensive and time consuming process. And if you have had your product out in the "marketplace", you may already be losing some of your inventor protection. Technically, if one of your neighbors has seen what you have, and gets to the patent office first, it is theirs.

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Mike00LXI
I am not the guy you are looking for. However, you have peaked my curiosity. How long before we get a sneak peak at this new toy?

It is still in it's infancy, maybe the end of next summer but I want to make sure I get it right the first time. I'm also trying to tweak it for certain tricks and learn how to do them. Some folks already are looking at me and/or it with either laughter,curiosity or outright horror and it's hard to keep it under wraps. Maybe I should be trying it at night. You guys will be the first to see it when it's ready.... If I don't kill myself with it first.

LOL That statement won't get many product liability underwriters interested in covering it.

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Boat Rocks

A patent research will establish a time line and provide a little security as it was your invention. I would move on that first.

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WakingMeHappy

How about prototypes for the Crew? LOL. I'm sure you'll find plenty of volunteers willing to risk their lives.

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Boat Rocks
A patent research will establish a time line and provide a little security as it was your invention. I would move on that first.

It will also give you "Patent Pending" status for added protection to your invention (another plus)

Edited by Boat Rocks

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footnlongline
Technically, if one of your neighbors has seen what you have, and gets to the patent office first, it is theirs.

other than getting sued, that is my biggest worries, thanks for the advice

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footnlongline
A patent research will establish a time line and provide a little security as it was your invention. I would move on that first.

It will also give you "Patent Pending" status for added protection to your invention (another plus)

I figured this is the avenue I would have to take, I just want to make sure that if some drunk idiot kills himself with/on/ in or around this thing I am not going to loose everything before I make some money, so maybe calling up liquid force or kidder may not be a bad idea? BTW what ever happened to those tubes that would fly 10 feet off the water? are those guys who came up with them digging ditches in Indiana?

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Boat Rocks
A patent research will establish a time line and provide a little security as it was your invention. I would move on that first.

It will also give you "Patent Pending" status for added protection to your invention (another plus)

I figured this is the avenue I would have to take, I just want to make sure that if some drunk idiot kills himself with/on/ in or around this thing I am not going to loose everything before I make some money, so maybe calling up liquid force or kidder may not be a bad idea? BTW what ever happened to those tubes that would fly 10 feet off the water? are those guys who came up with them digging ditches in Indiana?

I would also suggest a LLC to protect you personally. Calling up liquid force or kidder, why Footnlongline, LLC. might own those two companies next year if its a killer invention!

Also utube has some great video of that flying tube!

Edited by Boat Rocks

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Boat Rocks

Sorry for the info overload, I was just looking at another post and I realized your self-made. Good luck!

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