Watch most Inventor shows on television 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 house, used every bit of savings they had, were living in their car and on the brink of bankruptcy. These were those that made it on camera. They had thousands of entrants and just a few made it as far as being televised. Imagine if even of people who auditioned and didn’t get on T.V spent as much money as the ones you saw. Another thing you should consider is that all of those that did not get on T.V. were looking for someone to produce their idea and get it to advertise.
There are a variety of I Want To Patent My Idea submission companies available and today there are even more who have popped up offering help, to get a price and feeding away from everyone’s enthusiasm to really make it rich. Unfortunately, not every one of them have your best interest at heart. Many of them are only to empty your banking account and really don’t care should your item reaches market so long as your check clears the bank. You must understand regardless of the person you pick to make use of, they offer a service and that for each service you utilize you will need to pay a price.
Should you come to them and say I actually have idea X and I want to use a patent search done, I would like to apply for a patent; I wish to get yourself a prototype made and also have 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 share with you your idea stinks. They may be supplying the service you requested. They desire to provide you with the services you said you want… to get a fee.
Think about it this way. If a company that cuts grass as being a service was working down the street from your house and also you went to them and said “Can you cut my grass?” They are likely likely to say “Yes, we are able to do this for X amount of cash.” In the event you say I want you to reduce my grass every week whether or not this needs it or not. They are going to set you high on a schedule and cut your grass every week whether it needs it or otherwise. Because, you happen to be paying customer and you are asking them to offer you their service. In addition they understand that if you are going to get your grass cut every week whether or not it needs it or otherwise and they also turn you down you will just go and discover another company willing to get it done every week. So, is that company a bad company for providing you with what you want even if you don’t require it?
When you go to a Patent Attorney’s office and say I really want you to perform a patent hunt for me in my idea should the Patent Lawyer say “Perhaps you have gone to Google.com/patent or even the patent office website yourself first to determine if anything else is out there?” When you visit a design firm and say “Are you able to build this for me personally from titanium?” Do you expect those to say “Exactly what are your plans with this? Have you ever looked to see if other things has gone out there similar to this?”
When you visit a manufacturer with Inventors Helpline and say ” I want you to help make me 5,000 of these in red and blue”. Do you expect these to say “We won’t make these to suit your needs until you can prove to us that these particular will be marketable and you may make a refund upon them?”
If that is what you anticipate to take place you may be severely disappointed because the likelihood of that happening are slim to none. Why? Since they are in operation to generate money plus they are selling you a service and also you are asking them to perform a service. Whether you are feeling it is actually morally wrong on their part to accomplish while you ask, even though they understand you might be wasting your money. It is far from illegal so they can provide you the service. It is your task to do your homework up front as well as be as informed as you can to successfully are making a sound decision.
Don’t misunderstand me I feel horrible for anyone that loses their shirt and goes severely in debt, gets conned or simply has bad luck using a item that a very good idea. I am just trying to ensure that you know in advance what you really are engaging in therefore making you ask the hard questions to determine if you want these types of services. When I have said before I actually have several items on the market which i spent under $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 quantity of prototypes. So, it could be done.
Once you develop a concept that you simply think is wonderful. You need to stop and accomplish this exercise before you approach any company and ask for any services. Go without your Inventors cap and set on your own Consumers cap. You can’t consider your idea as YOUR idea anymore. You have to think of it as something the truth is on the store shelf whenever you go shopping and are spending Your hard earned cash to buy it. I can’t emphasize this enough. You should REALLY review your idea from the consumer’s point of view and inquire these questions.
Would I REALLY buy this item basically if i saw it in the store?
Why would I buy it?
Would people who bought one buy another later? Is the idea a 1-time purchase?
Is it an item that not only your friends and relations would buy simply because they like/adore you?
Which companies do you think would sell this type of item?
Are there things like yours on the market? If yes, how is yours better and why would it sell better than theirs? Are theirs selling in any way or just taking on shelf space?
Will the customer Get the product whenever they view it on the shelf without the benefit of having a commercial built around it?
These are quick questions YOU can answer without paying a soul. When you get more negative solutions to these questions than positives you have to reevaluate your idea.
As an Inventor you do have rights with regards to utilizing Inventhelp Intromark. Lots of people get ripped off simply because they don’t be aware of right questions to ask or exactly what the invention submission company is essental to federal law to tell you prior to signing on the dotted line together. Should they be unwilling to answers the questions essental to law, that ought to be an enormous red flag for you; run and get away from them as soon as possible along with your wallet still intact. When they are legitimate they may have absolutely nothing to hide and must be happy to show you their successes and failures. Many have their own successes posted on their website for you to have a look at.
The American Inventors Protection Act of 1999 is there to your protection. Use it. Businesses that fit into this act are required to tell you the information below BEFORE you sign an agreement being a client, not Once you have already spent the money!
Let me again be clear that it must be the duty from the Inventor to check out an organization before you use them. Because I have said there are a lot of great legitimate invention submission companies, Design companies and patent giooif on the market. You just need to be extremely careful and thorough once you select one, decide whether you need their services and understand what you receive for your money. The odds are high which you might get burned should you go along with your eyes closed and your wallet wide open.