Watch most Inventor shows on TV and you will likely see people on the edge of disaster financially. You hear story after story of people that took out a second mortgage on their house, used every bit of savings they had, were living in 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. 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 should consider is that all of those that did not get on T.V. were hoping to find a person to produce their idea and get it to promote.
There are a number of Inventhelp Company News submission companies available and today you can even find more that have sprung up offering help, to get a price and feeding away from everyone’s enthusiasm to really make it rich. Unfortunately, not all of them have your very best interest at heart. Some of them are merely to empty your bank account and really don’t care in case your item reaches market so long as your check clears the lender. You have to understand irrespective of the person you pick to make use of, they supply a service and this for each service you make use of you will have to pay a price.
If you visit them and say I actually have idea X and I wish to use a patent search done, I want to apply for a patent; I would like to get yourself a prototype made and possess my idea sent to companies for possible licensing. They are more than pleased to accomplish all those things… to get a fee. It is not their job to inform you your idea stinks. They are providing the service you requested. They really want to offer you the services you said you wanted… to get a fee.
Think of it this way. In case a company that cuts grass as a service was working across the street from the house and you went over to them and said “Can you cut my grass?” They are most likely planning to say “Yes, we are able to accomplish that for X amount of cash.” If you say I really want you to reduce my grass weekly whether or not it needs it or not. They will likely set you on a schedule and cut your grass each week whether or not this needs it or otherwise. Because, you are the paying customer and you also are asking them to present you with their service. Additionally they realize that in case you are determined to obtain your grass cut each week whether or not this needs it or otherwise and they also turn you down you may go and locate another company willing to accomplish it every week. So, is the fact that company a bad company for giving you what you want even though you may don’t need it?
When you visit a Patent Attorney’s office and say I wish for you to do a patent search for me on my idea if the Patent Lawyer say “Perhaps you have gone to Google.com/patent or perhaps the patent office website yourself first to find out if anything else is out there?” When you visit a design firm and say “Could you build this to me from titanium?” Would you expect these to say “What are your plans for this particular? Have you looked to see if anything else is out there like this?”
When you go to a manufacturer with Inventhelp Innovation News and say ” I really want you to create me 5,000 of those in red and blue”. Can you expect these to say “We won’t make these for you personally before you can prove to us these is going to be marketable and you will definitely make your money back on them?”
If that is what you anticipate to occur you will end up severely disappointed because the likelihood of that happening are slim to none. Why? Since they are in operation to make money and they are selling you with a service and you are asking them to perform a service. Whether you really feel it really is morally wrong on their own part to perform when you ask, even though they understand you are wasting your money. It is really not illegal to allow them to give you the service. It is actually your job to do your research up front and also to be as informed as possible to ensure that you are generating a solid decision.
Don’t misunderstand me I feel horrible for anybody that loses their shirt and goes severely in debt, gets scammed or perhaps has bad luck using a product which is a great idea. I am just trying to successfully know up front what you really are engaging in thus making you ask the difficult questions to determine if you need these services. When I have said before I 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 construct me X amount of prototypes. So, it can be done.
Whenever you think of a concept that you simply think is wonderful. You have to stop and do that exercise before you decide to approach any organization and request any services. Take off your Inventors cap and place on your own Consumers cap. You can’t think of your idea as the idea anymore. You need to consider 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 the consumer’s point of view and ask these questions.
Would I Seriously buy this item should i saw it in the store?
Why would I buy it?
Would people that bought one buy another later? Is your idea a 1-time purchase?
Is this something that not only your friends and relations would buy simply because they like/adore you?
Which companies do you think would sell this sort of item?
What are the stuff like yours on the market? If yes, how is yours better and why would it sell better than theirs? Are theirs selling at all or perhaps taking up shelf space?
Will the consumer GET your product once they see it on the shelf without the main benefit of having a commercial built around it?
These are quick questions You are able to answer without paying a soul. If you get more negative techniques to these questions than positives you need to reevaluate your idea.
As an Inventor you actually have rights in terms of working with How Do I Patent A Product. Many individuals get conned because they don’t know the right questions you should ask or what the invention submission company is required by federal law to share with you before you sign on the dotted line with them. If they are unwilling to answers the questions essental to law, that should be a huge red flag to you personally; run and get away from them as soon as possible with your wallet still intact. When they are legitimate they have got nothing to hide and really should be glad to show you their successes and failures. Many get their successes posted on their website for you to take a look at.
The American Inventors Protection Act of 1999 can there be to your protection. Use it. Businesses that fall under this act must inform you the information below Before signing a legal contract being a client, not AFTER you have already spent the amount of money!
Allow me to again be clear that it is the responsibility from the Inventor to check out a company before you use them. As I have said there are plenty of good legitimate invention submission companies, Design companies and patent giooif available. You just need to be very careful and thorough once you pick one, decide whether you require 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 together with your vision closed and your wallet wide open.