“Let me guess: Your idea is the best thing since sliced bread.
When Otto Rohwedder dreamed up the idea of selling sliced bread in 1912, however, all he got was a lot of carping and naysaying. How difficult was it to slice bread? And everyone knew that bread, even loaves of it, got stale quickly; in slices, it would spoil in a matter of minutes.
It took Mr. Rohwedder, a jeweler by trade, 16 years to produce a machine that could both slice and package the bread to prevent it from being exposed to air. Then he had to beg a Missouri baker to offer it for sale.
Once in a long while, an inventor comes up with an idea that is quickly recognized as brilliant and commercial — Gerry Thomas, inventor of the TV dinner; Edwin Land and his instant camera; Erno Rubik and the cube puzzle. But more often, inventors’ pitches are greeted with skepticism, embarrassment, even ridicule. A box on a pole to collect change from people who want to park their cars on the street?”
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Owner Financing is a Multi-Billion Dollar Untapped Market and it occurs in about 10% of all home sales in the U.S., and it’s growing in popularity every day. Our company has been in business since 1997 and is one of the largest buyers of Owner Financed Real Estate Notes in the country. We have created […]