Watch most Inventor shows on TV and you will likely see people on the edge of disaster financially. You hear story after story of men and women that took out a second mortgage on their own house, used every bit of savings they had, lived in their car and on the brink of bankruptcy. These were the ones that caused it to be on camera. They had thousands of entrants and just 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. Another 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 Invent Help Tech submission companies out there and now you can even find more who have sprung up offering help, for any price and feeding off of everyone’s enthusiasm making it rich. Unfortunately, not every one of them have your very best interest at heart. A number of them are only in the market to empty your banking accounts and incredibly don’t care in case your item reaches market as long as your check clears the financial institution. You have to understand irrespective of the person you pick to utilize, they provide a service which for every service you make use of you will need to pay a cost.
Should you arrived at them and say I actually have idea X and I would like to possess a patent search done, I want to apply for a patent; I wish to get a prototype made and also have my idea sent to companies for possible licensing. They are delighted to do all those things… for a fee. It is really not their job to share with you your idea stinks. They may be offering the service you requested. They really want to offer you the help you said you desired… for a fee.
Think of it this way. If a company that cuts grass as a service was working down the street out of your house and also you went to them and said “Could you cut my grass?” They are most likely planning to say “Yes, we could do that for X amount of cash.” Should you say I really want you to slice my grass each week whether or not this needs it or not. They will likely set you up on a schedule and reduce your grass each week whether or not this needs it or otherwise. Because, you are the paying customer and also you are asking them to present you with their service. They also understand that should you be determined to obtain your grass cut weekly whether or not this needs it or otherwise not and they also turn you down you will just go and find another company willing to do it every week. So, is that company an unsatisfactory company for offering you what you would like even though you may don’t require it?
When you visit a Patent Attorney’s office and say I wish for you to do a patent look for me on my own idea if the Patent Lawyer say “Have you gone to Google.com/patent or the patent office website yourself first to see if other things has gone out there?” When you go to a design firm and say “Are you able to build this for me personally from titanium?” Would you expect them to say “What are your plans for this? Perhaps you have looked to find out if everything else has gone out there similar to this?”
When you visit a manufacturer with Inventhelp Intromark and say ” I want you to create me 5,000 of those in red and blue”. Can you expect them to say “We won’t make these to suit your needs until you can prove to us that these will likely be marketable and you will definitely make a refund on them?”
If it is exactly what you anticipate to happen you will be severely disappointed because the probability of that happening are slim to none. Why? Since they are in operation to make money and they are generally selling you with a service and you also are asking them to do a service. Whether you are feeling it is morally wrong on their own part to accomplish when you ask, even though they are fully aware you are squandering your money. It is really not illegal to allow them to give you the service. It is actually your work to seek information at the start and to be as informed as is possible to make sure 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 ripped off or just has bad luck with a product which is advisable. I am trying to successfully know in advance what you are actually entering into therefore making you ask the hard inquiries to determine should you need these services. Because I have said before We have several items on the market which i spent less than $100 on and do not set foot in a patent lawyer’s office, or hired a design firm, or contacted a manufacturer to build me X quantity of prototypes. So, it may be done.
When you develop an idea that you think is great. You need to stop and do this exercise before you approach any company and request any services. Take off your Inventors cap and place on your Consumers cap. You can’t think about your idea as the idea anymore. You must think of it as something the thing is on the store shelf whenever you go shopping and therefore are spending Your hard earned cash to buy it. I can’t emphasize this enough. You have to REALLY review your idea from the consumer’s point of view and inquire these questions.
Would I REALLY buy this item should i saw it within the store?
Why would I purchase it?
Would individuals who bought one buy another later? Is your idea a 1-time purchase?
Is it an item that not only your friends and relations would buy because they like/love you?
Which companies do you reckon would sell this sort of item?
Are there stuff like yours on the market? If yes, how is yours better and why would it sell better than theirs? Are theirs selling whatsoever or just trying out shelf space?
Will the consumer Obtain your product once they view it on the shelf without the advantage of having a commercial built around it?
These are generally simple questions It is possible to answer without having to pay a soul. Should you get more negative answers to these questions than positives you have to reevaluate your idea.
As an Inventor you do have rights with regards to utilizing Patent Invention. Lots of people get ripped off since they don’t be aware of right questions you should ask or what the invention submission clients are required by federal law to share with you prior to signing on the dotted line along with them. When they are unwilling to answers the questions essental to law, that should be an enormous warning sign for you; run and escape from them as soon as possible along with your wallet still intact. When they are legitimate they may have absolutely nothing to hide and really should be happy to show you their successes and failures. Many have their successes posted on their site so that you can take a look at.
The American Inventors Protection Act of 1999 can there be to your protection. Apply it. Companies that fit into this act are required to let you know the information below Prior to signing a contract transforming into a client, not Once you have already spent the cash!
Permit me to again be clear that it is the responsibility from the Inventor to consider an organization prior to using them. When I have said there are a lot of great legitimate invention submission companies, Design companies and patent giooif out there. You need to simply be very careful and thorough when you choose one, decide whether you will need their services and know what you get for your money. Chances are high which you may get burned in the event you just go in with the eyes closed as well as your wallet wide open.