Maia

Hi, Adam. For $12,000 I would demand some results.
In this case, I would seek the advice from an Attorney. Do not give them any more funds and do not sign anything without your Attorney looking at it first. Any company that says it can make millions could be a scam.No Honest Company makes such Claims. Did you actually talk to the people that w…[Read more]

You do NOT need a provisional in order to get a Utility patent. You can bypass the provisional altogether if you are ready to file a full utility patent. My impression is that provisionals in themselves do not prevent you from getting an international patent. What DOES make you ineligible for an international patent is if you try to sell your…[Read more]

Hi Sophia,

Welcome! I am going to attempt to license my product over manufacturing it, etc. My main reason for this is time and money :). I am not experienced in business and don’t have much capital. I am a stay at home mom, so time is a big issue for me as well. Licensing seems like it will allow me to have someone with more experience handle t…[Read more]

Hi, Sophia. I can give you 3 pieces of advice from my personal experiences.

1. Don’t Rush.
Never “rush” into the invention marketing process. Make sure to take your time before making important decisions that affect you and your invention. Rarely are there situations where an inventor needs to make a decision within a few days.

2. Investigate.…[Read more]

Interesting thought, Julian! I would say those inventions that do not solve a problem may become like a fad product. They will “buzz” for a while and then die out.

If a problem is solved then they will grip more and stick around longer?

If they solve a BIG problem they may stick around for a very long time and become legendary? So maybe try to…[Read more]

Firstly, the answer to your big question is ‘no’ someone cannot come behind you and get a ‘utility patent’ on a device that you have been selling! Because you have been selling it your device is automatically in the public domain one year from the date you first disclosed it. ‘IF you don’t file for a patent during that year.

On the other side of…[Read more]

Yes, Danny. You can license with more than one manufacturer as you want but that would result in lower royality percentage (this is known as “non-exclusive licence) as compared to exclusive license for one seller with high royality percentage.

Hi, I would answer generally rather pointing any sector or area. Look for the opportunities in your area of expertise rather looking for a sector then learn it and try to innovate in it. For example, if you are expert in plumbing, it is easier for you to invent in plumbing than invent in shoemaking. Hope you get that. Best of luck for the future.

Hi, Lucy. Licensing proceeds usually involve a fee paid upfront to you through a signed licensing agreement between the parties. These agreements may also include milestone payments that come due as the technology or innovation is commercialized, and/or a royalty fee set at a percentage of the revenue or earnings from the eventual sale of products…[Read more]

Hi. The most important is that you should apply for a patent for your product as getting patent for your product take much time you should always apply for PPA (Provisional Patent Application). This always saves you from getting scammed.

Here’s how to tell if a company offering services to you is not a scam. Generally speaking, if the company spends no more of its time, or your money, in the process of diligently attempting to determine that your invention is part of the 999 of 1000. If they suggest a majority of the time that your invention is probably not worth pursuing f…[Read more]