How you approach a company is very important and your attitude plays a large part in your success or failure. Below is a compilation letter I made up from excerpts from letters Inventors have shown me they sent to companies. They were wanting to know what they were doing wrong because they were either getting no response back or getting told No Thank You. Can you find any issues with this letter? Is this how your letters look? How would you approach a company for the first time?
To Whom It May Concern
I have decided to give your company the privilege of being the first to carry my product. I choose your company because you have the largest market, and therefore can afford to pay me a higher royalty on the sales .I have shown this product to all of my family and friends and they said they would buy it. They said my product will destroy the others on the market and do away with all of your competition. They said your competition will be out of business within the first 6 months because everyone will be buying my product and not theirs. Once they are out of business it will make you the only game in town. Since your competition will be gone my idea will make your company millions, so I don’t see any issue with you paying an advance of $100,000 at the signing of my contract.
Attached you will find my licensing agreement and my advance contract. My divorce attorney said you should have no problem signing either of these agreements. He should have the patent search done soon. Which is really a waste of his time, since I know there is nothing else like it on the market. Today is Monday. I will be out of town Friday, so I need you to sign and get the agreements to me before then. You can FEDEX them to me.
Your company is only an hour away from my home which is great. That means I will be able to oversee the progress of my product and make sure you do it right. I will call you tomorrow at 2pm so be sure you are in your office. I hate calling and leaving messages.
Your company should be happy I found you and was willing to submit my idea to you. It is going to make us all millions!!.