Watch most Inventor shows in the media and you will likely see people on the edge of disaster financially. You hear story after story of individuals that took out a second mortgage on their own house, used every bit of savings they had, were living within their car and on the brink of bankruptcy. These were those which caused it to be on camera. They had 1000s of entrants and only a few made it as far as being televised. Imagine if even of individuals who auditioned and didn’t get on T.V spent as much money as the ones you saw. The other thing you have to consider is that all of those that did not get on T.V. were looking for someone to produce their idea and get it to advertise.
There are a variety of How To Get A Patent On An Idea submission companies on the market and today you can even find more who have sprung up offering help, for a price and feeding from everyone’s enthusiasm to really make it rich. Unfortunately, not all of them have your best interest at heart. Many of them are merely to empty your banking accounts and extremely don’t care should your item grows to market as long as your check clears the lender. You need to understand irrespective of the person you pick to use, they supply something which for each service you utilize you will need to pay a price.
If you arrived at them and say We have idea X and I would like to have a patent search done, I wish to apply for a patent; I wish to get a prototype made and possess my idea sent to companies for possible licensing. They will be more than pleased to accomplish all of the things… for a fee. It is really not their job to share with you your idea stinks. They are providing the service you requested. They want to present you with the services you said you wanted… for any fee.
Think about it by doing this. When a company that cuts grass as a service was working across the street out of your house and you went up to them and said “Could you cut my grass?” They are likely going to say “Yes, we can accomplish that for X sum of money.” In the event you say I really want you to cut my grass each week whether it needs it or otherwise. They are going to set you up on a schedule and cut your grass every week whether or not it needs it or otherwise. Because, you are the paying customer and also you are asking them to present you with their service. Additionally they realize that if you are determined to get your grass cut each week whether or not it needs it or otherwise not and they also turn you down you will just go and locate another company willing to do it each week. So, is the fact that company a bad company for offering you what you want even when you don’t require it?
When you go to a Patent Attorney’s office and say I wish for you to perform a patent look for me in my idea in case the Patent Lawyer say “Have you gone to Google.com/patent or even the patent office website yourself first to see if anything else is out there?” When you visit a design firm and say “Could you build this for me personally away from titanium?” Would you expect those to say “What exactly are your plans with this? Perhaps you have looked to determine if other things has gone out there like this?”
When you go to a manufacturer with Inventions Ideas and say ” I want you to make me 5,000 of these in red and blue”. Do you expect these to say “We won’t make these to suit your needs before you can prove to us these will be marketable and you will make your money back on them?”
If it is exactly what you anticipate to happen you may be severely disappointed because the chances of that happening are slim to none. Why? Since they are in business to make money and they are selling you a service and also you are asking them to do a service. Whether you really feel it really is morally wrong on their own part to accomplish while you ask, even though they are fully aware you happen to be wasting your money. It is far from illegal for them to offer you the service. It really is your work to do your research at the start and also to be as informed as you can to successfully are making a sound decision.
Don’t get me wrong I feel horrible for anyone that loses their shirt and goes severely in debt, gets scammed or perhaps has bad luck with a item that is a great idea. I am trying to ensure that you know at the start what you are getting into and make you ask the tough inquiries to determine if you need these types of services. As I have said before I have several items on the market that I spent under $100 on and do not set foot in a patent lawyer’s office, or hired a design firm, or contacted a manufacturer to develop me X level of prototypes. So, it can be done.
Whenever you develop an understanding which you think is wonderful. You need to stop and do that exercise prior to deciding to approach any organization and request any services. Go without your Inventors cap and place on the Consumers cap. You can’t think of your idea as YOUR idea anymore. You must think of it as something you see on the store shelf when you go shopping and are spending Your hard earned cash to purchase it. I can’t emphasize this enough. You have to REALLY take a look at idea from the consumer’s viewpoint and get these questions.
Would I REALLY buy this item should i saw it in the store?
Why would I buy it?
Would people who bought one buy another later? Is the idea a one-time purchase?
Is this an item that more than just your friends and relations would buy because they like/love you?
Which companies do you reckon would sell this sort of item?
What are the things like yours on the market? If yes, how is yours better and why would it sell a lot better than theirs? Are theirs selling at all or just taking up shelf space?
Will the consumer GET your product whenever they look at it on the shelf without the main benefit of possessing a commercial built around it?
These are generally simple questions YOU can answer without having to pay a soul. Should you get more negative answers to these questions than positives you need to reevaluate your idea.
As being an Inventor you actually have rights when it comes to utilizing Famous Inventors. Many people get scammed since they don’t know the right questions you should ask or exactly what the invention submission company is required by federal law to tell you before you sign on the dotted line together. If they are unwilling to answers the questions necessary for law, that ought to be an enormous warning sign to you personally; run and get away from them as quickly as possible together with your wallet still intact. Should they be legitimate they have got absolutely nothing to hide and really should gladly explain to you their successes and failures. Many get their successes posted on their website that you should have a look at.
The American Inventors Protection Act of 1999 is there to your protection. Use it. Companies that fall under this act have to inform you the information below Prior to signing a legal contract becoming a client, not Once you have already spent the money!
Allow me to again be clear that it is the obligation of the Inventor to check out an organization prior to using them. When I have said there are plenty of good legitimate invention submission companies, Design companies and patent giooif out there. You just need to be extremely careful and thorough when you choose one, decide whether you need their services and know very well what you receive for your money. Chances are high which you may get burned in the event you go along with your eyes closed along with your wallet wide open.