Design, prototype, patent, trademark, market, manufacture, sales, distribution, repeat! This is this process I work with, still learning though, but so rewarding from hitting milestones. Aiming to sell the company in the near future. If I can, you can!
Hello, mistake are great, and you learn from them. Talk is cheap, but thanks for your input, I wish I would have watched your videos before I lost a great idea with General motors, they filed bankruptcy. You don't need a storage unit to burn Hydrogen gas. Thanks keep up the work.! I was boomed out but executory contract was released. So,file your PP!
Morning Steve 🙏 thanks again .. still moving along my inventor journey to get closer to the with a 'developing economy' PP & patent .. My claim 1 etc is the 'make or break' as my other claims while still good leave the door a bit too open for others to swoop in .. so we will see 😀🤔 amazingly learning lots, love your videos which i set on 1.5 x playback speed and always get a few good ideas from watching. also discovering some cost effective professional paths that maybe one day i will get to share with you and your clients. I can't tell u how much the licensing phase excites me and have u guys ear marked as my mentor when the chess pieces finally are in place . Have a great week .. hi to Andrew
Question about adding things to the patented idea makes it still not sellable because the patent owner of the original patent will claim that we only added to his invention. For example, a toothbrush with a rotating head was patented by Braun, Your guest a long time ago said he added static bristles next to the rotating head and made millions of dollars, but... the rotating head was still there, I don't get it. In other words, let's imagine that the Spatula end is patented by company X. You say: just add a bottle opener to the other end. Sure it's a different product now but it still has the spatula end, so it can't be sold by your potential licensee - they won't go for it. I have tons of ideas like that, where I can add something new to the patented part, but the patented part will still be there in the final product. So my potential licensee will be worried about licensing my idea. Anyone can clarify this, please? (I understand the this will not be a legal advice) Thanks
This is a complicated question. It all depends if a patent is still valid. It all depends if you are using part of the patented product. I’m sorry I cannot give you a straight answer. It’s too complicated. I would consult with a patent attorney.
I have a really good idea for the automotive industry I filed micro entity provisional application. But I don't know where to go from here. I would like to license my idea now because it is a really good idea in fact I believe it will be an asset in every car.
What happens when they approved your idea but then text back the price of the process that you thought they already did when you submitted the idea and can't afford it then whoops a year and a half later you see your idea lol
Always great to listen to you guys, just wanted to know when writing our own PPA do we need to write down our claims as well as seen on all the google search patents and if im from Australia which I am how do we show the USPTO we earn under 200k if we are wanting to file under a MIcro Entity? Thanks again for all the time you guys put in to educating us.
I submitted my idea to a company through a portal at 4:00 o'clock in the morning. At 3:00 o'clock the same day I got a phone call from the product development manager. He said he researched the item for several hours on the Internet and found nothing like it. He loved my idea gave me his personal cell phone number and it's been in contact with me constantly. Within three days we had a patent search done and I came through with needing zero exceptions. It has not been a week yet and we already have a provisional patent application started. My point being it's not the portal it's the product.
I was misled on the patent search. Someone had that patent that expired 20 years ago. They tried to get me to go through with a patent without revealing that information I found out that information on my own before I spent $5,500 on a patent attorney. Still no one has developed my full idea yet . Just a portion of it was patented . I am approaching companies that are doing something similar that are missing the full boat.
Hi Steven I'm Katie good to be here. I'm a new student CTU online for business management and human resources. I also am an artist. My Question or I'm asking your advice on my lack of confidence in social media networking groups.
Hello Stephen - If I bring a new item to a company and it will help them save on insurance ( slip/ fall ) Can I have them guarantee a 3+ - year contract? So I am the only one they can buy from before the copy cats try to move in?
Thanks for watching. Keep Inventing! - Andrew Krauss, inventRight Co-Founder ( Call, email, book an appointment or request more info about how we can help by visiting us here. inventright.com/contact/ )
