The big box stores generally prefer to work with companies like Simpson Strong Tie that can supply many items versus a company that can supply only one item
How much money do you really think you could make just selling screws for trusses?
Gotta look a little bit deeper, have the vision of a businessman.
Do you think any of these big companies come up with everything on their own? Nope!
Definitely, no. They buy rights, pay royalties, or purchase ownership.
The screws idea may not have “bought me a yacht” yet it was obviously a worthwhile idea.
The rim-joist standoff, however, I’m sure would have provided a nice payout over time- way better idea than flashing and bolts and all the overlay wraps people buy that don’t stand the test of time.
It’s
ideas that are of monetary value.
A startup to manufacture hangers and braces with all the marketing materials and insertion efforts, IBC/BOCA approvals, and the several existing companies shipping stuff already would neither be practical nor appealing (because “they” would steal the idea anyway). There’s other things that would be less time consuming, more profitable, and take less commitment to make money versus being a thing-seller or manufacturer in a vacuum without the money to defend your patent.
You sell rights, get royalties, or outright transfer the intellectual property for profit.
