Inventing the worlds best mouse trap - part 2
Posted: under Wisdom.
Tags: economy, humor, invent, Personal, wealth, Wisdom
I had invented a product that would absolutely keep peoples televisions, microwaves, and stereo components from being stolen and resold, no one wanted it? I could not believe what I was reading whenever a new piece of mail came with a no interest reply! How could a company not want something that would make life better, and stolen electronics worthless?
So I thought, well this idea will make peoples homes safer because it will reduce home robberies. Insurance companies will get excited about this idea, because they want safety in the world, so I started writing them. They were not falling over themselves in eagerness to buy up my idea so their clients could have a better, safer life! What gives, this is a great idea, people will be safer, and millions of dollars in claims won’t have to be paid out? I was at a loss to understand this dilemma. More importantly, where were my [now] million dollars, from this great idea?
Finally it dawned on me. If my idea stopped theft of home electronics products such as televisions, microwaves, computers, and stereos, the manufacturing of these products would slow down because there would be far less demand for replacements. Manufacturing companies were in business to make more of their product, not less.
Insurance companies were in business to make money from burglary and theft, not actually prevent it. With less theft there would be less need for insurance. Insurance company profits would drop.
The crime rate would drop due to less theft, so police departments, jails, and prisons would not need as many people working. A big portion of the regular, and underground economy would dry up because in a few years there would be no person, or place to sell non working stolen electronics items to. No one would be needed to track down burglars, and thieves. A whole sector of the economy would be put out of work.
What a stupid idea I had! What was wrong with me thinking that making the world a safer place, and preventing theft would be a benefit to society? Here I was one person trying to destroy an economy that took centuries to perfect! Thousands, if not tens of thousands of people would be without work, and income. No wonder no one was interested in my idea. I was suggesting they all commit fiscal suicide by building something that rarely needed replacement. Only replacement for worthwhile upgrades, and innovation.
There is a lesson here, just not a good one. Perhaps I can build a better mouse trap, it just better not be made so well, all the mice are caught! If I have another great idea, I am going to make sure it is packed with glitz and glamour, but does little for the consumer except part them from their money. It will be a huge success in the stores across the country, maybe even the world! I just need to think of it.
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Dec 05 2007