Myth #4: Every company wants to hear a good idea. You can find people to help you on platforms like Fiverr and Upwork. “In many cases, just rendering a product - a drawing of a product - is sufficient to at least get early interest.”įull disclosure: My company inventRight offers sell sheet design services. Dark cloud 2 invention guide professional#In an interview for my book Become a Professional Inventor, entrepreneur and inventor Louis Foreman - the founder and chief executive of Enventys Partners, founder of Edison Nation, creator of the TV show Everyday Edisons, and publisher of Inventors Digest - confirmed. Make sure to videotape your prototype in action, which you can share over and over again. Remember that prototypes don’t sell, but do break easily. Testing the waters with a sell sheet that highlights the benefit of your idea first will save you time and money, which is crucial to your success in the long run. If someone tells you that you need a prototype, it’s either to their advantage or they’re trying to sell you a service. So, the question isn’t whether you should build a prototype, it’s when do you build a prototype. If your sell sheet generates some interest, there’s a very good chance you’re going to be asked for proof of concept - and that’s the perfect time to build a prototype. That’s why you need to sell the benefits of your invention with an affordable sell sheet (essentially, a one-page advertisement) first. But in time, I realized that if I were to build a prototype for every idea I had, I’d go broke. It’s magical seeing your idea come to life. Truth: Submitting a sell sheet first will save you time, money, and heartache. If you try to patent every idea you have, you won’t be in the game long. You will save money by using a provisional patent application to test the market first. Trademarks and copyrights, which can help with online copycats, are also extremely affordable to obtain. Given the short lifespan of most consumer products, the volume of potential online sellers copying your product, and the time and energy required to file patents, chasing people down might not be your best strategy long-term.īe careful, not fearful. I truly believe having an idea stolen is not the common occurrence we were led to believe. Please remember, the ideas that people go to the effort to knock off are the ones doing extremely well! (Keeping your options open is a smart move.) And, a PPA gives you or potentially your licensee the option of filing a non-provisional patent application moving forward. Here's the good news: Filing a PPA with the United States Patent & Trademark Office is relatively easy to do, costs very little, and gives you “patent pending” status for one year. Dark cloud 2 invention guide license#Put another way, a well-written PPA creates the perceived ownership you need to license an idea. I know this for a fact, as I see many signed licensing agreements every year, and there’s no patent in play - only a well-written provisional patent application (PPA). In most situations, a patent is not required to license a simple consumer product. Patents don’t stop people from stealing your inventions. Hey, you watch Shark Tank, don’t you? If you don’t patent your great idea right away, someone else is going to steal it from you, right? Truth: Most patents aren’t worth anything. Do they really exist? I don’t hear or read enough about their success to be sure. In my experience, product licensing agents are akin to unicorns and leprechauns. There are so many different ways to sell new goods and services today. Reach out to multiple people who have made a living as an inventor to help you truly understand what is required and where the pitfalls are. Read as much as you can on the topic of bringing products to market. The very first thing you need to do is educate yourself about your options, so you can develop your own roadmap. In reality, no one but you will care enough about your product idea to overcome the hurdles, roadblocks, and rejections along the way. Which is, unfortunately, exactly what inventors want to hear. There are people in the inventing industry who will promise you the moon. Truth: You must become the expert of your invention - you and only you. Myth #1: You can find someone who will do all of the work required to bring your idea to market for you.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |