Watch most Inventor shows on TV 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, lived within their car and on the brink of bankruptcy. These were those that caused it to be on camera. They had thousands of entrants and only some made it as far as being televised. Just think if even of people who auditioned and didn’t get on T.V spent just as much money as the ones you saw. The other thing you need to consider is that all of those that did not get on T.V. were seeking somebody to produce their idea and get it to promote.
There are numerous of Patent Help submission companies out there and today there are even more which have popped up offering help, to get a price and feeding from everyone’s enthusiasm to really make it rich. Unfortunately, not every them have the best interest at heart. Some of them are merely to empty your banking account and really don’t care if your item grows to market as long as your check clears the financial institution. You must understand no matter whom you pick to utilize, they provide services and that for each service you utilize you should pay a value.
If you visit them and say We have idea X and I want to possess a patent search done, I want to file for a patent; I want to get yourself a prototype made and possess my idea brought to companies for possible licensing. They are more than pleased to do all those things… to get a fee. It is not their job to tell you your idea stinks. These are offering the service you requested. They really want to provide you with the services you said you desired… for any fee.
Think of it in this way. When a company that cuts grass being a service was working down the street from the house and also you went to them and said “Are you able to cut my grass?” They are likely planning to say “Yes, we can do that for X amount of money.” Should you say I want you to slice my grass weekly whether or not this needs it or otherwise not. They will set you high on a schedule and cut your grass every week whether or not this needs it or otherwise not. Because, you are the paying customer and also you are asking them to provide you with their service. In addition they realize that if you are determined to get your grass cut weekly whether or not this needs it or otherwise plus they turn you down you are going to go and discover another company willing to get it done weekly. So, is the fact that company a poor company for providing you with what you would like even when you don’t require it?
When you go to a Patent Attorney’s office and say I wish for you to accomplish a patent search for me on my idea if the Patent Lawyer say “Perhaps you have gone to Google.com/patent or the patent office website yourself first to determine if other things is out there?” When you go to a design firm and say “Can you build this for me personally away from titanium?” Do you expect them to say “Exactly what are your plans for this particular? Have you ever looked to see if everything else has gone out there such as this?”
When you go to a manufacturer with Inventhelp Inventions Store and say ” I really want you to help make me 5,000 of these in red and blue”. Do you expect those to say “We won’t make these for you personally before you can convince us that these particular will likely be marketable and you will make a refund upon them?”
If that is what you expect to occur you will be severely disappointed because the likelihood of that happening are slim to none. Why? Since they are running a business to earn money and they are selling you with a service and you are asking them to perform a service. Whether you feel it is morally wrong on their own part to do while you ask, even if they understand you might be wasting your money. It is really not illegal to allow them to give you the service. It is your job to do your research at the start and also to be as informed as you can to ensure that you are generating a sound decision.
Don’t get me wrong I feel horrible for everyone that loses their shirt and goes severely in debt, gets conned or perhaps has bad luck having a product that is a great idea. I am trying to make sure you know up front what you really are engaging in therefore making you ask the difficult questions to determine should you need these facilities. When I have said before I actually have several items on the market which i spent lower than $100 on and never set foot in a patent lawyer’s office, or hired a design firm, or contacted a manufacturer to construct me X amount of prototypes. So, it may be done.
Whenever you develop a concept that you simply think is wonderful. You have to stop and do that exercise prior to deciding to approach any business and request for any services. Take off your Inventors cap and place on the Consumers cap. You can’t think about your idea when your idea anymore. You have to think of it as something you see on the store shelf whenever you go shopping and therefore are spending YOUR hard earned money to get it. I can’t emphasize this enough. You have to REALLY take a look at idea from your consumer’s viewpoint and get these questions.
Would I Seriously buy this item should i saw it within the store?
Why would I buy it?
Would people who bought one buy another later? Is your idea a 1-time purchase?
Is that this an item that more than simply your friends and relations would buy since they like/adore you?
Which companies do you reckon would sell this type of item?
What are the things like yours on the market? If so, how is yours better and why would it sell better than theirs? Are theirs selling whatsoever or perhaps trying out shelf space?
Will the customer GET your product once they see it on the shelf without the main benefit of using a commercial built around it?
These are generally quick questions It is possible to answer without having to pay a soul. If you get more negative solutions to these questions than positives you need to reevaluate your idea.
As an Inventor you have rights when it comes to utilizing Patent Invention. Many individuals get scammed simply because they don’t be aware of right questions you should ask or what the invention submission clients are essental to federal law to inform you before signing on the dotted line with them. If they are unwilling to answers the questions necessary for law, that needs to be an enormous warning sign to you; run and move away from them as quickly as possible together with your wallet still intact. Should they be legitimate they may have nothing to hide and really should gladly explain to you their successes and failures. Many have their own successes posted on their site so that you can have a look at.
The American Inventors Protection Act of 1999 can there be for your protection. Utilize it. Companies that fit into this act must tell you the data below Before signing a legal contract being a client, not Once you have already spent the amount of money!
Let me again be clear that it is the obligation in the Inventor to check out a business prior to using them. When I have said there are a lot of good legitimate invention submission companies, Design companies and patent giooif on the market. You need to simply be cautious and thorough whenever you pick one, decide whether you require their services and know very well what you obtain for your investment. The odds are high which you might get burned if you go in with your eyes closed as well as your wallet wide open.