How Inventors Profit from Inventions
- Brutally Honest Review & Licensing Opportunities
- Learn About Prototyping
- Learn About Patents
- Learn About Manufacturing
- Ask Questions: firstname.lastname@example.org
The key is to invest time and money carefully
by Mike Marks
How does a professional inventor know if an invention will be a commercial success?
An invention idea is great if:
It solves a problem that people want solved (including problems people did not know they had) and everyone involved in designing, manufacturing, and marketing the product can make better than normal profits.
That's it! If an inventor has a product idea that people want to buy and a way to make and sell it at a healthy profit, then they won half the battle. Ideally the target consumer should be a group that is easy to define and reach. This could mean a specific trade group such as dentists or it could mean the broad consumer market – if the product is appropriate for everyone. Click on the links below to learn more about the process of identifying the potential for success and how to take the first steps to realize that success (while keeping as much money as possible in your wallet).
Step 1: A Great Invention Idea
Step 2: Guard Your Wallet - Be a Professional Inventor
Step 3. Protect the Invention – First Stage
Step 4. Confirm the Invention
Step 5. Make an Invention Prototype
Provisional Patent (USPTO info)
More About Confidentiality Agreements
Example Confidentiality Agreement – 1st stage
Example Confidentiality Agreement – 2nd stage
Example Mutual Confidentiality Agreement
share this article: facebook
Global Security & Safety Coordinator
Hi, Interesting and informative, however in my profession here is need for new cost effective solutions, I would very much indeed want to have some response on that subject Brgds,Karl-Ove
Non photostat paper
I have made a most economical and practical method of making a book or paper non photostat.
I have already made one paper and tried to photostat it , & it is working.
Now there is only legal and right issues remaining and not the invention part.
So, the company has not to invest in invention but to invest in giving leagal rights.
In such type of cases how much profit is shared between me and company.
by: SAKET PANDEY