Companies That Buy Ideas: Getting Paid for Your Ideas

There are so many companies looking for new ideas and are willing to buy ideas from you. If you know where to look.

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Think you have a great idea?

Maybe you can actually get paid for your creativity or practicality. There are many companies out there that will pay you for your ideas, and if you spend a little time doing some research, you may find that you can make a few (or, in some cases, a lot!) of money.

Innovators are not always the people who make or build new inventions, but they are the people responsible for the great ideas.

Sometimes people have great invention ideas, but not the means to create or develop an invention. Other times, they have an idea for a business angle that has not been explored. If you are an innovator and fit into one of these categories, keep reading for ideas about how to make money from selling your ideas.

Can You Sell an Idea to a Company?

The short answer is yes.

Companies may pay you directly for your ideas, and there are certain companies that are constantly looking for new ideas for their business or product lines. One way to get started is to do some research on your idea, and see if, in fact, it is a new, creative idea.

You want to make sure that someone else has not already had this great idea. It could already be patented, in which case you would not be able to sell your idea to a company. A quick google search should lead you to sites that list patents, so you can check on the originality of your idea.

Companies That Pay for Great Ideas

Here are some companies that are known for paying for great ideas, with suggestions of how you can get in touch with them to pitch your idea and hopefully get a few bucks. You may have to reach out to more than one before you get a buyer for your idea, but, depending on the type of idea you have, there are many options. Let’ s start with the companies that may be most likely to buy your ideas.

  1. 3M: This is a company that primarily focuses on electronics and office supplies, but also tends to venture into healthcare supplies, as well. They are actively interested in new ideas, and will pay for the great ones. You can apply to have your ideas purchased by visiting this link.
  2. Dorman Products, Inc.: This company is interested in new ideas that are related to hardware, houseware, and automotive products. Do you have a great idea in this area? Contact them to see if they are interested!
  3. Henkel: This is the company responsible for producing Right Guard deodorant and Dial soap. A giant in the personal products industry, they are always looking for new products and directions, and your idea may just be the next great product. Henkel welcomes partnerships with startups and innovators, click here to apply.
  4. Sharper Image: Ideas for toys, technology, or exciting gadgets? Sharper Image has a branch of their company dedicated to partnerships and startup ventures, and they will pay for those ideas. Be prepared to submit a full explanation of your idea, along with pictures or drawings, as appropriate.
  5. Coastal Pet Products: New and improved pet products are extremely popular. Are you an animal lover who has a great idea to make fur mommies and daddies happy? Do you have an idea for a product that would improve the lives of pets? Special collars, leads, crates, feeding systems, and more are great places to start!
  6. Jokari Home Solutions: For those who have great ideas for helpful kitchen gadgets, consider submitting your idea to Jokari. You can apply to have your idea considered right on their website.
  7. Coleman: With many products focused on recreation and outdoor lifestyles, Coleman is still always looking for new angles. If you are an outdoor enthusiast who has thought about the perfect product, make sure you submit your idea for payment by Coleman.
  8. Pro Performance Sports: Athletes love gadgets and gear. Have you come up with something that makes a certain workout easier or more fun? Contact Pro Performance Sports through their website and send in your idea, they may just pick up the idea and run with it (pun intended).

Have an App Idea?

Maybe you have a different sort of idea, such as an idea for an app, instead of an actual product or service? There are companies that are looking to buy apps or ideas for apps, that they can then market to the public. You’ve heard the phrase, “There’s an app for that!” Well, there’s not really an app for everything yet, and yours might just be the one that people are still looking for.

get paid to snapchat

Many apps will sell for between $500-$5000, but, every once in a while, you may find a company willing to pay much more, sometimes up to $50,000 for a really great idea. Either way, an extra $100 or $500 from just an idea sounds good to me.

It is important to have a fully-developed concept if you have an app to sell. Ensuring that there is a need, or a specific niche for your app, and that it is different or better than any others that may be already available or similar is important.

Companies That Will Buy Your App Idea

Here are several companies that may be interested in purchasing your idea for the next great app.

  1. Google: Of course, Google is probably the first stop for many people who have great ideas for apps and want to sell them. As such a technology giant, this is a great place to start, since Google is always looking for the newest ideas.
  2. Apple: No less influential than Google, Apple is another top place to pitch your ideas for new apps. Even with so many millions of apps on the market, there is always room for another great idea. Take your idea to Apple and see if they will pay for it!
  3. King: This company, best known for the Candy Crush game that has swept the world, is another giant, though their name may not be as well known. Try selling your app idea to them for some money!
  4. GungHo Online: As a company known for some very popular gaming apps, if you have an idea that fits their business model (generally games), then it is worth your time to try and get it going with them.
  5. FundedApps: If you submit your idea to this company, it will be reviewed by a team of specialists to see if it is worthy of moving forward. If deemed appropriate, your idea could turn into quite a gold mine, as this company will pay you 25% of all profits if your app becomes marketed.
  6. IdeaPros: This company wants to partner with smart entrepreneurs who have great ideas. Submit your ideas for apps on their website, and see if it is something that will take off! You can get a free evaluation of your idea and know whether or not you have something terrific.
  7. ArtJoker: This software company is always looking for new ideas for apps. Do you have a great idea for a mobile solution? This is a great place to go to sell your app, and get guidance about developing apps.
  8. Flippa: This company will buy and sell apps. With the lowest market fees for the sellers, and no additional fees for the buyers, Flippa is able to connect app creators with app buyers.

Although some may think it is difficult to sell an idea for an invention or an app, it doesn’t hurt to try. It’s true that may great things have already been invented, and this is why it is important to do some research before pitching your new idea. There’s no sense wasting your time pursuing something that has already been done.

Tips on Selling Your Ideas

If you do find that you have an innovative, new idea, an idea for a product, service, or app that has not been created yet, then you may want to first contact a patent lawyer to ensure that you are protecting your rights to your ideas.

While some companies may pay you for your ideas, and then own the idea when the product is developed, you want to know this information upfront before you give away a million-dollar idea.

Another thing to consider as you attempt to sell your idea is that you may want to have companies sign a Non-Disclosure Agreement, which prohibits them from discussing your ideas unless you move forward with selling your project to them.

This protects you from having your ideas stolen and then having someone else make money from them.

Other Ways to Make Money from Your Ideas

Still, there are other ways to make money from your ideas. Finding an investor to help you with a startup may be one way to go. This works for people who are considering keeping their own business, and it is a different angle from the basic “sell your idea” plan described above.

Investors will give you money to help you get your company going, or get your invention created and on the market, and then you will still own the majority of the profits from your invention or idea. Some think there is more risk in this type of venture, as opposed to just selling your idea outright and having someone else assume the risk of investment.

Depending on the arrangement with your investor, you may agree to share the profits or you may have to pay the investor back if the whole thing takes a nosedive.

You Can Make Money Off Your Idea By Yourself

The opportunities to make money from your ideas are not limited to having bigger companies buy into your ideas or your products. Some people choose to use some sort of crowdfunding to raise the capital needed to get their idea off the ground. If you choose to go this way, you may be surprised at the amount of money you can raise through donations from friends and strangers.

Set up a page, offer a description of your idea or product, and watch some money start to pour in. Even if people are able to give you a few bucks, this can really add up. This is a great way to use the power of social media to spread the word about your idea and raise enough money to get started.

Keep in mind that, before you pursue this type of funding, you will want to consult an attorney to protect your ideas, perhaps even get a copyright before getting started on fundraising. Sadly, there are plenty of opportunistic people out there who may know how to take advantage of your great idea and claim it as their own.

Product Research

Do some research on products that are similar to your ideas, and how these products were marketed and monetized. Having a great idea is only a start, if you want to make money then you do have to understand the market, the competition, and the various opportunities that may be available.

It is not always the most unique ideas that sell, but the idea has to be interesting, marketable, attractive to end-users, affordable to companies or investors, and useful.

If you have done your homework and find that you think you have an idea that fits all of these criteria, it may be time to move forward and work on making money from your ideas.

The Bottom Line on Selling Your Ideas

Ok, entrepreneur, it’s time to get started. This information should get you well on your way to selling your idea or your app, or finding ways to get investors to shell out some money for you to get started.

Remember, be creative, do your homework, and protect your ideas so that you are the person who can make the money and your idea is not stolen by someone else. Once you get started, you will hopefully find that you can profit from your ideas—maybe you will find that you are even able to create new ideas that offer different solutions to problems people face.

Remember, success is 10% inspiration and 99% perspiration, according to Thomas Edison, so be prepared to do some work to make money from your ideas. Just don’t give up, it can be done!

Brian Meiggs
Brian Meiggs
Brian is the founder of Gigs Done Right and has tried every side hustle under the sun. His mission with Gigs Done Right is to share valuable information regarding the gig economy to everyone from beginners looking to start a side hustle, to veteran gig workers trying to expand their empire. He teaches people just like you how to make money in the gig economy and has been featured in Business Insider, Yahoo! Finance, NASDAQ, Discover, and more. He normally shares the latest news, videos, and topics for gig workers so they can earn more money in the gig economy.


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Rajeev. M. P
Rajeev. M. P

Simple guide but more informative than I expect… a bird view but but an inbuilt “GPS” and will help to people those who have a burning desire…. with talents and skill sets based on ” natural unwillingness to accept an obvious solution”


I have a really good idea.

Reply to  Stephanie

Holy shit me too! We must be connected

Kerm Williams
Kerm Williams

I would not east my money most companies are scams and patent don’t sell no way make something simple and just sell it yourself .



World ???? safety Device is ready..working..?

New Project idea…

All the vehicles on the road will leave the hit and we will be buried inside the road by making such a device, due to which that hit will be hot but due to its hot, we can save it by becoming this way we can give light to whole india at low cost in whole world…?…


I have a few ideas, either need investor or a company to pitch my idea to.

Collins david
Collins david

How can I get an investor to invest in my ideas from Nigeria

Joannas Williams
Joannas Williams

Hi there..I have an incredible idea on transportation..but need an investor to make it happen…how to look for investors?

R K Saravanan
R K Saravanan

Hi I have few ideas but I need genuine investor to understand and explore.

Stan kain
Stan kain

I have a invention that i paid $5000 for a research and development group ,engineer,writer to do a patent search and drawl a 25 page report it came back original and it’s ready for a utility patent. I am out of funds and to sell it

Stan kain
Stan kain
Reply to  Stan kain

Did you use for sale my inventor


I was just checking to see if my post from yesterday got accepted???


I have a great idea and prototypes of a product for ‘Fur-Parents’ that I have paid to have researched. I have very high success overall rate scores of 85% on the ‘Market Analysis Report’ and the company would like me to move forward. Is there anybody out there that could help me with investors or a way to get my product off the ground? I am in college with no money and high hopes when the company that did my research tells me I have a multi-million dollar idea. But what do you do when you can’t afford to patent? PLEASE HELP???????

Reply to  Sheila

interested in what they say as well




Most of this sites mentioned have rules about no compensation of any kind


Okay I have a good idea I have a patent for one year and I have to come up with I think like 5,400 to do the whole 20 years at the patent office well I came up with an idea with cell phones and it was putting a solar panel on back of the cell phones because most of the time when your battery is dead it’s most of the time when you need it so if it has a constant charge all the time you should be good and it takes six solar panels off of the solar lights to charge up your phone if you hook them all up to SDcord I’m wanting to sell and I have few more ideas I’m willing to part with if someone vcan help and I’ll make k e them partner