Have you ever seen a product on a late-night infomercial, you thought years ago, or "your" big idea saw on the CBC-TV the Dragons the show? You're not alone. How does someone take an idea out of your head and? In their hands and then on the market It is more than only a cool idea; it is what you. with this great idea that you are among other people with the same idea
The goal of most inventors is to revolutionize the world and make bags of money along the way. Think 'crazy' to these 5 inventions seen in the last 35 years: the Pet Rock, Tamagotchi, Furby, Snuggie and the singing bass fish. They have combined sales well over $ 1 billion. Yes, it was billion with a "b". The reality is that less than 3% of the patents ever generate money for the inventor, in other words, this is a 97% failure rate.
Thus, as a person to become an inventor?
The first step is imagining to think your invention, and there are several ways to go about this. You can like the ice-cream cone, the "slinky" which popsicles, fireworks, microwave ovens, glue or Velcro crazy new invention discover completely by chance. What these inventions made very successful, was the attentive person who saw a oppourtunity and used it.
Or may be like me, and let your brain loose ... to dream and dream big. Get a notebook and write your ideas down. NOT YOUR THOUGHTS FILTER, they just write down; preferably as readable as possible. I have notebooks and pads everywhere from my car to my lab and every room in my house which I transferred to a "Big Book of Ideas' then.
you finally have your big idea for an invention ... what now concealed?
you do not have to be patented, the "idea" in an "invention" as ideas. Most importantly you need to find out if your invention already exists. It's very disappointing, many hours or even days to spend your "baby" to provide only to find that it not only exists, it is available at any major box store and is since years.
inventors today are happy as it only takes a check few keystrokes on the Internet, whether your invention already exists. If you are lucky and do not find your invention available on the Internet, you might just have the next "latest and greatest" new invention. the search does not end here, as you need also check if your invention may have been already patented. It is very possible, they can be patented and may not be available for sale are
Provisional Patent Search
The good news is that you do a preliminary patent search on your own for free. the downside is it may take you a long time, you need a good understanding of the patent classification system and you may miss an existing patent. "Google Patents" provides an excellent free patent search tool that is very easy to use and is a great resource to help you in your search. You can also search the Canadian and US Patent and Trademark Offices. Secondly, you can work with a licensed patent attorney with experience in patents and is usually cheaper than a patent attorney to hire. Meet with several patent attorneys for feedback, since most of a free initial consultation offer.
evaluate if your invention anstrebenswert
Is your invention solve a real problem? TV infomercial companies have strict rules for their invention submission policy. An invention must solve a real problem, appeal to the masses, as a very detectable and have a great price.
Try these four "guidelines" to determine if your invention worth pursuing.
1. Are your skills enough to move your idea by the method of the invention
It is very common to have access to professional technical or marketing help for inventors ?; However, should your project in an appropriate manner within your reach. You still have to do most of the work, unless you have very deep pockets.
2. Can you profitably produce?
Consider materials, manufacturing complexity and type of packaging you want to use, just to name a few. If you will not be worth using inexpensive "offshore" competitors, your invention, track, unless your idea is clearly superior to competitive products.
3. Are there significant competition?
If you have significant competition, you must be very aware of them, and be able to prove how superior your invention. Increasing competition can mean lower profits and sales difficult if you ever bring your invention to market.
4. People you say "WOW" when your product demo?
I probably have should have this as # 1. The factor "WOW" is one of the most important if not the most important aspect of your inventions success. I'm not talking about your family with your invention will be impressed, but also make the people who do not love or do you say 'WOW'?
Determine your market
Is your invention to address mass or your market as small and specialized that the selling price will make your invention prohibitively expensive?
Do Meaningful market research
Call. Or visit companies that you would think your invention to sell and looking for the "WOW" response You want to share with them your invention, but must be careful to limit the details of how not to give away the "secret sauce" or key features that make your invention unique.
prototype
While drawings are a great way to convey your idea, a prototype is really imagine your invention potential customers or investors help. A prototype is 'check' if your invention really the way works the way you think it will. It is important to have a prototype of the invention, so that people have something they can objectively evaluate.
If you are qualified, you can try to make your own prototype, or you can work with industrial designers. If your homemade prototype plywood and tape is, you should seriously consider hiring a professional. If you chose to work with a designer Industrial, meet with several companies to better understand what each can offer vary significantly as their services and prices. You will sign your NDA and ask often one of them to sign.
protection of intellectual property
If you complete all the steps up to this point and will continue to protect your invention, one of the most important and most difficult areas inventors is set. Learn as much as possible about this topic! Invest the time to study the many options available to patent. I personally found the "patent pending" to go or to fulfill "provisional patent 'way for my latest invention, the most cost effective method of my needs.
In Conclusion
This is very brief overview of the affected many steps to take an idea out of your head, your hands in, but the most important thing you can do is to study the invention provides methods in detail. Talk to the experts, read as much as you can and have fun who Make (december 5th episode airing) on my next blog as I share the dragon overlooking the CBC Smocza my experience
Note:.. I suggest you to consult experts from the industry and the Internet for further explanations needed to understand all the steps of patent types prototyping to marketing your invention. the Internet site About.com is extremely helpful and above all impartial. The Internet can also be a minefield with the invention promote the company to be filled, that will leave you with nothing but frustration and financial loss.
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