Comments on: ING Direct Financial Literacy Writing Contest and Grants http://www.getrichslowly.org/blog/2007/04/09/ing-direct-financial-literacy-writing-contest-and-grants/ personal finance that makes cents Mon, 08 Sep 2008 00:57:36 +0000 http://wordpress.org/?v=2.5.1 By: Don http://www.getrichslowly.org/blog/2007/04/09/ing-direct-financial-literacy-writing-contest-and-grants/#comment-83493 Don Tue, 10 Apr 2007 14:19:13 +0000 http://www.getrichslowly.org/blog/2007/04/09/ing-direct-financial-literacy-writing-contest-and-grants/#comment-83493 Here's a bit of the Official Rules that would make me wary of entering: "Each Grand Prize winner grants ING DIRECT a perpetual, irrevocable, fully-paid, royalty-free, transferable, non-exclusive, world-wide right and license in and to his/her Story, with rights to sublicense, to use, copy, modify, reproduce, market, publish, distribute, sell and otherwise exploit for any purpose whatsoever, including without limitation, modifying the Story, copying the Story, improving the Story, making derivative works thereto, reproducing the Story and selling or otherwise distributing the Story." So, if you win, don't expect to make more than the $1000 on your idea. While I think this contest is a great motivator and could possibly even allow the winning author some publicity, I can't help but wonder if a person could make $1000 plus on their story more easily by simply self-publishing somewhere (lulu.com/ comes to mind). Here’s a bit of the Official Rules that would make me wary of entering:

“Each Grand Prize winner grants ING DIRECT a perpetual, irrevocable, fully-paid, royalty-free, transferable, non-exclusive, world-wide right and license in and to his/her Story, with rights to sublicense, to use, copy, modify, reproduce, market, publish, distribute, sell and otherwise exploit for any purpose whatsoever, including without limitation, modifying the Story, copying the Story, improving the Story, making derivative works thereto, reproducing the Story and selling or otherwise distributing the Story.”

So, if you win, don’t expect to make more than the $1000 on your idea. While I think this contest is a great motivator and could possibly even allow the winning author some publicity, I can’t help but wonder if a person could make $1000 plus on their story more easily by simply self-publishing somewhere (lulu.com/ comes to mind).

]]> By: MyOwnMillions http://www.getrichslowly.org/blog/2007/04/09/ing-direct-financial-literacy-writing-contest-and-grants/#comment-83427 MyOwnMillions Mon, 09 Apr 2007 17:26:55 +0000 http://www.getrichslowly.org/blog/2007/04/09/ing-direct-financial-literacy-writing-contest-and-grants/#comment-83427 I would expect a big company like ING Direct to give a bigger reward for us to contribute to their bottom line (in the end, most of these are a marketing scheme for the company). The Planet Orange Financial Literacy Awards for the teachers are a better reward and also for a greater cause though. <a href="http://blog.davidmillions.com" rel="nofollow">My Own Millions Blog</a> I would expect a big company like ING Direct to give a bigger reward for us to contribute to their bottom line (in the end, most of these are a marketing scheme for the company).

The Planet Orange Financial Literacy Awards for the teachers are a better reward and also for a greater cause though.

My Own Millions Blog

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