How To Pitch An Invention To A Company – Explore Our Team Today To Find Out Extra Particulars..

A patent is actually patent invention to the government to request a monopoly of a particular invention. It is used to exclude any other parties from selling, making, offering for sale, or usage of your invention without your permission. If you are serious in protecting the intellectual property of the invention, you will need the help of a patent attorney before submitting the application. When you can directly file the application to the Patent Office, you will come across trouble if you do not fully understand the complex laws and regulations about this kind of intellectual property. To create an acceptable patent document, you want a reliable attorney. Here are a few steps to pick a good patent attorney:

Find a patent attorney who is also an engineer – The attorney’s legal skills aid you in determining the correct regulation, as the engineering skills help knowing the circumstances well and properly drawing up an application inside the language of patenting. Choose a lawyer having an engineering background linked to your field of invention. Generally, you will find four types of engineering: mechanical, chemical, electrical and computer science.

If you’re an inventor (or use a new idea) – you’ve seen TV commercials and internet ads for “invention developers.” They would like to send a totally free “inventor’s kit” to you and present a totally free invention review. In a week, you’ll receive promotional materials with samples of success as well as a Confidentiality Form. Soon, they’ll contact one to explain the urgency of sending in your idea for any free evaluation. You’ll think, “Why not? It’s free – exactly what do I actually have to get rid of?” You’ll feel excited that the idea could be accepted with this company, plus it could turn into a marketable product. With high hopes, you’ll complete the form and mail it back.

Next, a salesman (consultant) will contact you to break the good news: your idea has been accepted by their firm. The salesperson will say: 1) your idea has great potential, 2) the study dept. is excited about it, 3) they’ve never seen anything enjoy it, 4) there’s nothing similar on the market, and 5) you could make a lot of cash!

Soon, you’ll get a contract for $500 – $1500 for “a research report.” These reports are filled with standard language (boilerplate) that describe the different stages for developing any invention. You’ll also get a “patent search” that is completely unreliable and performed by non-professionals. These so-called patent searches are quickly gathered from a free, incomplete Patent Office website that’s accessible to everyone. Meanwhile, the patent lawyer who rubber-stamped your patent search, never even looked at it.

This incomplete patent search will not include patents with any similar features. They’ve purposely been neglected. By doing this, you’ll stay excited about your idea and continue to pay big fees for the InventHelp TV Commercial. The truth is: your idea could be patented, but you’ll never realize it. So, here is the heart of the plan: a deceptive patent search offers you false hope. You’ll believe your idea is patentable and marketable. However, nothing could be further from the truth. That’s because existing patents (deleted from your patent search) will stop you from patenting and marketing your idea. Important: an inadequate, misleading patent search crosses the fishing line into defrauding you.

Now, the salesperson will say, “don’t worry about other patents – our team has brilliant engineers, and they’ll design around similar patents.” Don’t believe anything – it’s all portion of the plan. The reality is: these invention companies have no engineers, no experts on anything, no legitimate patent lawyers and no real royalty payments.

Next, your consultant calls one to evaluate the report. He informs you that the clients are excited about your idea and it’s time for the next step. Soon, you’ll receive a contract asking for $5,000 – $20,000. Although it’s lots of money, you’re all hyped up, as well as your consultant states that “time is critical.”

Now, you’re thinking “wow – my idea is a positive results.” Your consultant might say, “it may be on the market by Christmas, as well as the royalties is going to be phenomenal!” You start out seeing dollar signs – a lot of money is arriving the right path. Your share of “future royalties” is a huge portion of profits (70% – 90%) – a once in a lifetime opportunity – right? Wrong – any mention of royalties is “the bait” they’re using to reel you in.

They already know that “dangling the carrot” of royalties will motivate you to cover them $5,000 – $20,000. Psychologically, they’re playing on your vulnerabilities: 1) you can’t let go of your perfect, 2) you don’t want to fail, and three) you’ve gone this far and can’t stand the very thought of someone else marketing your idea and making big $$$!

You’ll be very lured to pay this huge sum for that company’s services, but PLEASE don’t waste your hard-earned money. Here’s the fact: their bogus approach to promoting inventions is a total con-job. They couldn’t care less about future royalties since their real success rate is zero.

Once you send in your payment of $5,000 – $20,000 – they pocket that cash as well as the plan is finished. The invention developer makes all of their money from racking-in inventors’ fees – not from marketing inventions. So, how zjahtr they pull off it? Easy – their contracts contain all the required warnings and disclosures. Legally, they’re on solid ground. They comply with all federal statutes and State laws to safeguard themselves. Trust me – they know this game “inside out – upside-down.” Put simply, they’re highly skilled at ripping you off legally.

Those “successful” inventions were bought by the technology. They hired a “contract manufacturer” to: 1) establish credibility, 2) overcome skepticism, and 3) impress people. Anyone can hire this type of manufacturer to create their product. So, the reality is: their success stories are false, the testimonials aren’t real, as well as the glowing “business bureau reports” are bought and bought.