Watch most Inventor shows in the media 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 those that made it on camera. They had a large number of entrants and only a few made it as far as being televised. Imagine if even of people who auditioned and didn’t get on T.V spent just as much money as the ones you saw. The other thing you need to consider is that all of those that did not get on T.V. were looking for a person to produce their idea and get it to promote.
There are numerous of Mom Inventors submission companies available and now there are even 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 best interest at heart. Many of them are merely out to empty your banking accounts and extremely don’t care should your item reaches market provided that your check clears the financial institution. You need to understand regardless of whom you pick to use, they offer something which for each and every service you utilize you should pay a price.
In the event you come to them and say I have idea X and I would like to have a patent search done, I want to file for a patent; I would like to get yourself a prototype made and also have my idea brought to companies for possible licensing. They are more than happy to do those things… to get a fee. It is far from their job to share with you your idea stinks. These are supplying the service you requested. They want to present you with the services you said you wanted… for a fee.
Think about it in this way. When a company that cuts grass as a service was working across the street out of your house and you also went to them and said “Are you able to cut my grass?” They are most likely planning to say “Yes, we could do that for X amount of money.” Should you say I wish for you to slice my grass each week whether it needs it or otherwise not. They will likely set you high on a schedule and trim your grass each week whether or not it needs it or not. Because, you happen to be paying customer and also you are asking them to provide you with their service. They also know that should you be going to obtain your grass cut weekly whether it needs it or otherwise plus they turn you down you may just go and discover another company willing to accomplish it every week. So, is the fact that company an unsatisfactory company for giving you what you would like even though you may don’t require it?
When you go to a Patent Attorney’s office and say I wish for you to accomplish a patent search for me on my own idea in case the Patent Lawyer say “Have you ever gone to Google.com/patent or perhaps the patent office website yourself first to determine if everything else is out there?” When you go to a design firm and say “Could you build this to me away from titanium?” Would you expect these to say “What are your plans for this particular? Perhaps you have looked to see if anything else is out there similar to this?”
When you go to a manufacturer with Inventhelp New Products and say ” I want you to help make me 5,000 of those in red and blue”. Would you expect these to say “We won’t make these to suit your needs up until you can prove to us that these will likely be marketable and you may make your money back to them?”
If it is exactly what you expect to happen you will end up severely disappointed because the chances 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 also are asking them to do a service. Whether you really feel it is actually morally wrong on their part to do when you ask, even when they know you might be wasting your money. It is far from illegal for them to offer you the service. It really is your job to do your research in advance and to be as informed as is possible to make sure you are generating a solid decision.
Don’t get me wrong I feel horrible for anyone that loses their shirt and goes severely in debt, gets ripped off or perhaps has bad luck using a product that is a great idea. I am just trying to successfully know up front what you really are entering into and make you ask the tough questions to determine should you need these services. As I have said before I actually have several items on the market 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 can be done.
Once you develop an understanding that you simply think is great. You have to stop and do that exercise before you decide to approach any business and request for any services. Take off your Inventors cap and set on your Consumers cap. You can’t consider your idea when your idea anymore. You have to consider it something the thing is on the store shelf when you are shopping and are spending Your hard earned cash to purchase it. I can’t emphasize this enough. You need to REALLY take a look at idea from the consumer’s viewpoint and ask these questions.
Would I Seriously buy this item if I saw it inside the store?
Why would I buy it?
Would people who bought one buy another later? Is your idea a 1-time purchase?
Is that this something that more than just your friends and relations would buy because they like/adore you?
Which companies do you reckon would sell this kind 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 in any way or simply trying out shelf space?
Will the consumer Obtain your product once they look at it on the shelf without the main benefit of using a commercial built around it?
They are quick questions You are able to answer without paying a soul. Should you get more negative solutions to these questions than positives you have to reevaluate your idea.
As being an Inventor you have rights when it comes to dealing with Inventhelp Phone Number. Many people get scammed simply because they don’t understand the right questions to ask or what the invention submission clients are necessary for federal law to share with you before you sign on the dotted line together. When they are unwilling to answers the questions necessary for law, that needs to be a massive red flag to you personally; run and get away from them as fast as possible together with your wallet still intact. When they are legitimate they have got nothing to hide and should be glad to demonstrate their successes and failures. Many have their own successes posted on their site for you to take a look at.
The American Inventors Protection Act of 1999 can there be for your protection. Use it. Firms that come under this act are required to inform you the information below Before signing an agreement being a client, not Once you have already spent the amount of money!
Permit me to again be clear that it must be the duty of the Inventor to consider an organization before you use them. As I have said there are plenty of excellent legitimate invention submission companies, Design companies and patent giooif available. You need to simply be very careful and thorough once you pick one, decide whether you will need their services and know very well what you receive for your money. The odds are high which you may get burned should you go together with your vision closed along with your wallet wide open.