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 people that took out a second mortgage on the house, used every bit of savings they had, were living in their car and on the brink of bankruptcy. These were those which caused it to be on camera. They had thousands of entrants and only a few made it as far as being televised. Just think if even of individuals who auditioned and didn’t get on T.V spent just 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 looking for a person to produce their idea and get it to promote.
There are a number of Inventhelp Innovation News submission companies out there now there are also more which have popped up offering help, to get a price and feeding from everyone’s enthusiasm to make it rich. Unfortunately, not every one of them have the best interest at heart. Many of them are only in the market to empty your banking accounts and extremely don’t care in case your item gets to market provided that your check clears the financial institution. You must understand regardless of whom you pick to utilize, they provide something and that for every service you make use of you should pay a cost.
If you visit them and say We have idea X and I wish to have a patent search done, I want to apply for a patent; I wish to obtain a prototype made and have my idea delivered to companies for possible licensing. They will be delighted to accomplish all those things… to get a fee. It is not their job to tell you your idea stinks. They may be supplying the service you requested. They really want to provide you with the services you said you want… for any fee.
Think about it in this way. In case a company that cuts grass being a service was working down the street out of your house and you also went to them and said “Can you cut my grass?” They are most likely planning to say “Yes, we can accomplish that for X sum of money.” In the event you say I want you to reduce my grass weekly whether or not it needs it or otherwise not. They will set you up on a schedule and cut 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 offer you their service. They also know that in case you are determined to obtain your grass cut weekly whether or not this needs it or otherwise and they turn you down you will go and discover another company willing to do it every week. So, is the fact that company an unsatisfactory company for offering you what you would like even when you don’t want it?
When you go to a Patent Attorney’s office and say I want you to perform a patent search for me on my idea should the Patent Lawyer say “Perhaps you have gone to Google.com/patent or perhaps the patent office website yourself first to find out if other things has gone out there?” When you visit a design firm and say “Can you build this for me from titanium?” Can you expect those to say “What exactly are your plans with this? Have you looked to determine if everything else has gone out there similar to this?”
When you visit a manufacturer with Inventhelp Headquarters and say ” I want you to help make me 5,000 of those in red and blue”. Would you expect them to say “We won’t make these for you up until you can prove to us that these particular will likely be marketable and you will definitely make your money back upon them?”
If that is what you anticipate to take place you may be severely disappointed because the chances of that happening are slim to none. Why? Since they are in business to generate money plus they are selling you with a service and you also are asking them to perform a service. Whether you really feel it is morally wrong on their own part to accomplish as you ask, even if they understand you happen to be wasting your money. It is not illegal for them to give you the service. It is actually your work to seek information at the start as well as be as informed as you can to successfully are making a sound decision.
Don’t misunderstand me I feel horrible for anybody that loses their shirt and goes severely in debt, gets scammed or simply has bad luck having a product which is a great idea. I am trying to successfully know in advance what you are getting into and make you ask the difficult questions to determine if you need these facilities. As I have said before I actually have several items on the market that I spent less than $100 on and not set foot in a patent lawyer’s office, or hired a design firm, or contacted a manufacturer to develop me X quantity of prototypes. So, it could be done.
Whenever you develop a concept which you think is wonderful. You should stop and do that exercise before you approach any business and request any services. Go without your Inventors cap and put on your own Consumers cap. You can’t consider your idea as YOUR idea anymore. You have to consider it as something you see on the store shelf when you go shopping and therefore are spending YOUR hard earned money to buy it. I can’t emphasize this enough. You have to REALLY review your idea from the consumer’s perspective and get these questions.
Would I Truly buy this item should i saw it in the store?
Why would I purchase it?
Would people that bought one buy another later? Can be your idea a one-time purchase?
Is it something that more than just your family and friends would buy since they like/adore you?
Which companies you think would sell this kind of item?
Are there items like yours on the market? If yes, how is yours better and why would it sell a lot better than theirs? Are theirs selling whatsoever or just taking up shelf space?
Will the buyer Obtain your product once they see it on the shelf without the advantage of possessing a commercial built around it?
They are quick questions You are able to answer without paying a soul. When you get more negative solutions to these questions than positives you should reevaluate your idea.
Being an Inventor you do have rights in terms of utilizing Inventhelp Pittsburgh Corporate Headquarters. Many individuals get conned because they don’t understand the right questions you should ask or just what the invention submission company is necessary for federal law to tell you prior to signing on the dotted line along with them. When they are unwilling to answers the questions essental to law, that needs to be a huge warning sign to you personally; run and escape from them as soon as possible together with your wallet still intact. If they are legitimate they have got nothing to hide and should be happy to demonstrate their successes and failures. Many get their successes posted on their site that you should have a look at.
The American Inventors Protection Act of 1999 can there be for the protection. Utilize it. Businesses that fall under this act are required to let you know the details below Before signing an agreement transforming into a client, not AFTER you have already spent the money!
Allow me to again be clear that it must be the obligation of the Inventor to look at an organization prior to using them. Because I have said there are a lot of excellent legitimate invention submission companies, Design companies and patent giooif on the market. You need to simply be extremely careful and thorough whenever you pick one, decide whether you need their services and know what you get for the money. The odds are high which you may get burned if you just go together with your vision closed along with your wallet wide open.