• how we do it

    The business of the Company is suggested by its name, Thought Development™ Inc. Simply, Thought Development™ develops thoughts. That is, thoughts and dreams are the “raw materials” for a development process that results in revenue-producing products.

  • The Company’s founder, Alan Amron, and his associates (see The Business Team section) have gone through the idea-to-revenue process time and again, and have acquired considerable know-how as well as have established relationships with businesses and individuals who provide the extensive resources necessary for the transformation.

  • Having been in the invention business for the past 40 years, Mr. Amron understands the nature of the business and the nature of inventors; he understands their shortcomings and the reasons why they are not successful, and he has developed a means of creating mutually beneficial relationships with inventors to attract them (and their product ideas) to TDI. The Company is committed to capitalizing on this know-how and capability by incorporating it into an effective, efficient process for transforming a continuing input stream of new ideas into a continuing output stream of substantial revenue.

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  • the idea feed

    In order to achieve the Company’s objectives it needs to be fed a continuous flow of new, quality ideas; that is, ideas that have a high probability of success. The sources of new ideas are many including a network of existing inventors, internally and through the promotion of IdeaRegistra™. However, the challenge is not in getting new ideas; the challenge is finding inventions with a “high probability of success. Hence, the Idea Evaluation Panel, a panel of experts selected from the Company’s Advisory Board, Board of Directors, and Management determine which products to develop and at what cost. This panel provides the acquired (but now a priori) knowledge to determine which ideas will work and which won’t. Along with the knowledge that comes from experience, the Panel has the objectivity that the inventors themselves lack. All this translates to an ability to select ideas that have a high degree of success.

  • Once a product is selected, 99 out of 100 are not, the Panel applies its collective experience and know-how to specify development needs, the costs, the timeframes, the potential markets, and revenue possibilities; and they produce an initial Product Specification which is entered into the Business Process Application System (the System), which automatically adds the new idea to the Idea Inventory and schedules the first step in the development process!

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  • idea development

    The steps in the development process are defined in the Company’s Business Process (see the Operations section). The first step is to firm up the Product Specification from the Idea Evaluation Panel and submit it to the Board of Directors for review and approval. If approved, and 99 out of 100 are not, it will then be registered in the System, which then schedules the next development step, and so on until the development process is complete (which means that the product is ready for licensing and royalties or for manufacturing and sales).

  • For projection purposes, TDI has used a development process estimated cost and a development time frame (from concept to revenue ready)

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