What to do FIRST With Your Invention Idea

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Want to know what to do next with your invention idea? This video explains what separates successful and un-successful businesses when developing an invention idea and the steps that successful inventors take to make sure they do not waste money and give their invention idea the best chance of success. The first thing to do next with your invention idea after conception is to determine whether the great idea will actually make product or business. This includes doing market research into similar products and determining what the market landscape is, identifying who the target customer is for your product, engaging with these potential customers and determining what these customers actually need. The next step is determining how to build a prototype or MVP and then taking the steps to do this, which may be easy for simple product or may be time-consuming or expensive for more complex products. Once you have done market research and have a product that is ready to go to market or before approach inventors, then you are ready to file your first patent application before any public disclosures, public uses, offers for sale or pitching to investors. #patent #patents #patentstrategy #patentlaw #intellectualpropertylaw #inventortutorial #inventions #startup #startups #startupcompany #startupbusiness #startupadvice #startupguide #startuptips #startuptalks
Additional Patent Resources:
- My best-selling book, Patents Demystified: amzn.to/2MX5le9
- The top book on licensing your idea or invention: amzn.to/3tDLSib (One Simple Idea by Stephen Key)
- When to file a patent application: www.dwt.com/bl...
- Is software patentable: www.dwt.com/bl...
- My appearance on CNBC’s “The Profit” with Marcus Lemonis: www.cnbc.com/v...
**** DISCLAIMER: Information in this video is not legal advice and should not be relied on as such. The law can change and the information in this video may be outdated, so you should always consult an attorney regarding your specific issues in view of the current state of the law. *****

Опубликовано:

15 сен 2024

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@PatentsDemystified 2 года назад

Want more videos on patents, inventing and startups? Check out this playlist with all my videos on these topics: ru-vid.com/group/PLp15JXznBjPW-J3hNhX1zYoOm1mQzVeMo The playlist and my channel include the following videos and MANY more: How to Patent An Invention Idea: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-vEHI-gePr8A.html The International Patent Process: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-aMT7yQwn69c.html How to Know if Your Idea is Already Patented: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-Cm_3JqZgLFk.html How to Lookup Patents: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-00YUOAayTnM.html The Best Way to Protect Invention Ideas: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-Em_uVQ1qLXY.html What Are Patent CLAIMS? : ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-0MneopTXX5Y.html Top 5 Startup Patent Mistakes: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-2jmc2xuwVbQ.html Prior Art Definition / What is prior art? : ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE--9SCz3R6j4s.html What is a Patent and How Does it Work? : ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-qZaQxNmcm8E.html What is the best patent strategy? ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-zCbEz3AKVoE.html Why You DON'T Need A Patent Search [TOP 5]: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-YB_9u5uxcfA.html Top 5 Hidden Patent Benefits: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-rVbFWgoI9Ps.html Top 5 Patent Infringement Mistakes: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-8jLX6uUvUR4.html Guide to The Patent Examination Process: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-TI6IYxo7ppA.html Top 5 Patent and Startup SCAMS: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-gfBi35Byz2A.html Guide to Understanding Patent Numbers: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-GNXrO2q_0yM.html

@PatentsDemystified 2 месяца назад

Exactly! Don’t go to companies like this. They are terrible.

@HowToHomeLife Месяц назад

I've been an inventor, designer, manufacturer, and marketer of hundreds of professional technical tools for more than 50-years and have never applied for a patent on a single one! In the 80's I read an article from a fellow inventor stating the following: patents provide zero protection, they provide only one thing, the precedent to sue an infringer in a court of law. If you do not have the sizeable money to pay an attorney to bring this lawsuit to court, attorneys will rarely if ever, take a patent infringement case on contingency, unless it provides multiple millions of dollars for the attorney. In addition, if you do not bring suit against every infringer on your patent, you will lose the ability to bring suit after only one year! This is why I've never applied for a patent, I simply marketed my products with a money back guarantee of utility, and at a reasonable price for the marketplace. David Riddle

@PatentsDemystified Месяц назад

Hi David, thanks for sharing you experience with us! You bring up a great point that patents are absolutely not required to be successful and sometimes don't make any sense for certain inventions and business plans. You're also correct that patents can be extremely difficult and expensive to enforce, which is one of the reasons that patents don't make sense for certain products or business plans. The only thing that's not correct is where you say that "if you do not bring suit against every infringer on your patent, you will lose the ability to bring suit after only one year" - this is incorrect. You might be thinking of trademarks where folks need to reasonably police their mark or potentially lose it. For patents, there is no requirement to act against infringers aside from a few exceptions. There is definitely not a specific one year requirement related to enforcement. Maybe you are thinking about the 1-year grace period in the US where patent rights are lost one year after a public disclosure, public use, or offer for sale if you don't file a patent application?

@kniceknice3310 7 дней назад

Hello, i have an idea for an invention an i have no idea what to do, i can't draw or build anything, i just have an idea, any advice would be awesome

@visibleway8722 7 дней назад

I have an idea mate it’s needed in every house but I don’t know where to start any suggestions mate

@CodytheCarGuy 6 дней назад

@kniceknice3310 you gotta find a partner that can draw and build the prototype so you can get a feel for it's use and how marketable it will be. I build all my own inventions and use cad then 3d print sometimes I have to fabricate to build it.

@CodytheCarGuy 6 дней назад

@@visibleway8722build your prototype and then see how it works in real time. But don't show it on RU-vid or tiktok once it goes public you can't file a PPA or non provisional application. So prototype then file a PPA for testing and market analysis.

@SeansLipSyncingSock 7 месяцев назад

I’ll be referring your videos a lot now that I have a tested prototype (and another two to go) that I’m confident in taking to the next step. Thank you for sharing your knowledge.

@PatentsDemystified 7 месяцев назад

Thanks! Let us know how your testing goes. Very exciting.

@meetalg 3 месяца назад

Your way of explaining, speaking and sharing is comprehensive yet succinct, pleasant yet professional impactful yet pleasant. Look forward to viewing the rest of your videos, thank you so much for your time 🙏

@PatentsDemystified 3 месяца назад

Thanks! I appreciate it.

@monkeybunny89 Год назад

I did the research. No one like my product. You'll see me on the news in a few years, peace.

@PatentsDemystified Год назад

Looking forward to it.

@jujitzujesus 10 месяцев назад

What does that mean? Why would you be on the news if no one liked your idea? Sounds like you're going to make people regret not liking your idea 😬 there are always more ideas mate, don't give up

@PatentsDemystified 10 месяцев назад

@jujitzujesus I think what they meant was that they did some research and didn’t find anything similar to their product.

@charlottesinkler9175 6 месяцев назад

I've done the reaasrch none like it people love it and it can be used globally

@user-he7ve4pg7x 5 месяцев назад

Dr. Dofeenshmirtz 😮

@curtisfarrington2892 Год назад

Thank you Dylan for all the awesome information and experience you shared.

@PatentsDemystified Год назад

You bet. Very glad to help!

@ryknology 7 месяцев назад

Thank you very much for taking the time to make this video. You broke everything down step by step and give me the general information I was looking for. I feel confident now if I take these steps I will be able to get my out there. Thanka again

@PatentsDemystified 7 месяцев назад

Thanks! 😊

@TK.000 3 месяца назад

Very informative video! They probably don't take that first step out of fear someone will steal their idea.

@PatentsDemystified 3 месяца назад

Thanks! Yes, that's exactly right. Most people have way too much fear about their idea being stolen that they don't ever do anything. I discuss why people should not fear folks like patent attorneys stealing their ideas in this following video, and this applies to other potential collaborators as well: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-pXEa8XRFJ7o.html

@TK.000 3 месяца назад

@@PatentsDemystified Thank you! I'll check it out👍

@Katrin-Green 3 месяца назад

What's your opinion about enhancing an already existing product. Like using another material that has more benefits. Do you call it an invention?

@PatentsDemystified 3 месяца назад

This can make for good products, but whether the enhancement is patentable depends on the specifics of what is being done. For example, for something to be patentable, it needs to new new and non-obvious over the prior art. The enhancement would presumably be novel (i.e., new), but would it be obvious? Specifically, would the enhancement be obvious to one of ordinary skill in the art based on all previously know prior art? Depends on the specifics. These videos have more details on the obviousness and novelty requirements of patentability along with what prior art is: Obviousness: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-vLqofBOkW6Y.html ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-mWBVKbARwE4.html Novelty: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-UlzBFiTB-Ag.html ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-4hK7TKBD21U.html Prior Art: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-n3P6FsviqDQ.html ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE--9SCz3R6j4s.html

@visibleway8722 7 дней назад

I have good idea and it’s very needed in every house we r fixing the problem the Hard way but I f don’t know where to start

@user-fx3sj1vf5q 8 месяцев назад

Hello.. I had a very good idea for a patent, did a working version of a prototype, and contacted a local non-profit agency law school, with patent attorneys to assist people who can't afford a patent attorney. Did a Zoom call with the attorney in charge, and a law student, (they both signed NDA's). While it should only take a month to decide if I will be accepted or not in the program, (after they do patent searches), I haven't heard back from him after 3 months, and he doesn't respond to my emails. Can I file a provisional patent myself? I'm not sure if he can be trusted at this point.

@PatentsDemystified 8 месяцев назад

If you're concerned about them stealing your idea, I would suggest taking a look at this video (ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-pXEa8XRFJ7o.html - Patent Attorneys Stealing Invention Ideas). Also, yes, you can always file a provisional patent application yourself or find another attorney to help you. A list of folks who might be able to help you can be found here: oedci.uspto.gov/OEDCI/practitionerSearchEntry

@user-fx3sj1vf5q 8 месяцев назад

Thank You! @@PatentsDemystified

@kevinhamill1225 2 года назад

Wow, great video Dylan! It wasn't clear to me when I should do the PPA. You clarified that very well. Thanks so much!!

@PatentsDemystified 2 года назад

Thanks, Kevin. I appreciate it!

@kelRGo 7 месяцев назад

Can you prototype in public? I have been testing out a 3d printed version of the project as I test and modify as I go.

@bilaliqbal6412 3 года назад

Hey can you possibly post an example of a patent document you previously wrote. I would love to see an example to get an idea on how this all works and the structure

@PatentsDemystified 3 года назад

Sure. Here are a few examples of patent applications I have drafted: patents.google.com/patent/US20190372512A1/ patents.google.com/patent/US9827667B2/ patents.google.com/patent/US10718119B2/ patents.google.com/patent/US10619633B2/

@bilaliqbal6412 3 года назад

@@PatentsDemystified oh, so being a patent lawyer/attorney is just taking an invention and giving a deep description of how it looks and what it does?

@PatentsDemystified 3 года назад

Yea, that's about 50% of what being a patent lawyer/attorney is all about. The other parts include the examination process at the USPTO after the application is filed and planning patent protection before drafting and filing. In case you are interested, this video discusses in more detail: What patent attorneys do: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-cCQTkUivf34.html

@bilaliqbal6412 3 года назад

@@PatentsDemystified Thank you so much, also another question, does the stress of IP attorneys come from the amount of deadlines and client demands? Or does it mostly come from the difficulty of the job?

@PatentsDemystified 3 года назад

Great question. Overall, being a patent attorney is really low-stress compared to other types of attorneys or IP attorneys. For a patent attorney like me who focuses on drafting patent applications and the examination process at the USPTO, deadlines aren't typically a huge stress because the patent office gives months (at least three and extendible up to six) to respond to their Office Actions. One main stress is the overall volume of work and some patent attorneys can work long hours. Also, it's definitely a job that requires lots of concentration and thinking, which can be stressful over time. It's fun stuff like thinking and writing about how robots work, but still very mentally taxing. Thanks for the excellent questions - happy to answer them.

@selfsufficientmama9648 7 месяцев назад

I’ve researched, my invention has not been created by anyone else yet. My target market is for anyone that washes themselves especially kids. It solves a problem. And the cost will not be a lot. I guess I can make a resin prototype of it. Not sure what to do next.

@PatentsDemystified 7 месяцев назад

It's hard to say without knowing more about the product, but you'll want to do the work to determine whether this invention will actually make a good product or business. For example, it may be a clever and helpful idea, but can you turn that into a product that you produce at a price that lets you sell it at a price such that people will actually buy it? Do all this work first and file a provisional patent application before you make a first pubic disclosure, public use or offer for sale or before you start approaching investors if you need them. Alternatively, if your business model is to license the idea, I would suggest reading the following book on how to successfully license products: amzn.to/3tDLSib (One Simple Idea by Stephen Key)

@exclusivenote 4 месяца назад

Kickstarter

@shuso9619 Месяц назад

Excellent

@PatentsDemystified Месяц назад

Thanks!

@matthew-kd7ru 5 месяцев назад

so ive got an idea ive researched it no one is offering it got my sketch how do I turn my sketch into a real prototype that doesn't get stolen by big business.

@True_crime_bartender412 5 месяцев назад

Research Provisional Patent

@PatentsDemystified 5 месяцев назад

The first thing to note is that your product or business is way more likely to fail due to not getting it out there than the slim chance that it will "get stolen by big business." You want to be cautious, of course, but being too secretive is a recipe for disaster. This video discusses this issue relative to patent attorneys stealing ideas, but is also relevant to other folks you might collaborate with such as prototyping companies, etc.: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-pXEa8XRFJ7o.html Regarding a prototype, try to do this yourself or find someone who can help, which might be a prototyping company or other folks who work with similar product. Before making any public disclosures, public uses or offers for sale of the product or before you approach investors, licensors or "big business" who might sell or distribute it, file a provisional patent application to establish a priority date for your invention.

@Andrew.Sapienza.FineArt 4 месяца назад

Thank you, thank you, thank you.

@PatentsDemystified 4 месяца назад

You bet. Glad it was helpful!

@CMCyprian 7 месяцев назад

Thanks for this. How do you do step 1 while protecting the idea/invention? Do you require NDA’s for everyone you speak with during the market analysis?

@PatentsDemystified 7 месяцев назад

For losing patent rights, as long as there is at least implied confidentiality you are fine - an NDA is not absolutely necessary. From a purely legal perspective, you would still want everyone to sign an NDA to prevent them stealing your idea. However, NDAs can be a huge turnoff and can stifle your ability to work with some people, so I suggest only using an NDA when necessary and when it’s a common business practice to use one in a given situation.

@heavykutz7789 3 месяца назад

Thank you for the information 🙏🏻 i currently have an idea I don’t see it anywhere in the small market it’s in.. I don’t have all the funds but would it be smart to get a provisional patent on a design patent? Just so I can take a little more time to pay it all off?

@PatentsDemystified 3 месяца назад

It depends on the specifics of your product and business plan, but I typically suggest developing the product as much as possible and waiting to file your first patent application until just before you need to make public disclosures, public uses, or offers for sale of the technology or possibly before approaching investors. A provisional utility application is likely going be what you would be filing. Note that there is no such thing as a provisional design application (as discussed in this part of this video ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-Y2ASw3e17f8.htmlsi=5-qeRfh_9rNyAJKn&t=502) and design applications are only applicable to certain products.

@frankrobertson5775 9 месяцев назад

Thank you ...very clear ,and concise...learned more in ten minutes than last ten months..so do o understand a well written abstract will allow me to file for provisional patent without physical prototype or cad drawings. ?

@PatentsDemystified 9 месяцев назад

Thanks, Frank. Glad to hear this video was helpful. A physical prototype or drawings are definitely not required to file a provisional application, but you will need way more than just a short abstract. To have the provisional application we worth anything it must have as much detail about the invention as possible and at least enough detail that would allow an average person in the field of technology to fully make and use the invention. Without sufficient detail the provisional is effectively worthless. Drawings are going to be important for most inventions and the adage "a picture is worth 1000 words" is applicable here. Instead of fancy CAD drawings or something else formal, I typically suggest simple had sketches to quickly and efficiently create drawings.

@kilianwinterling4707 Месяц назад

How can you sell your Idea?

@luluzyz 4 месяца назад

I’ve searched on google, nothing yet. I filed a provisional patent to secure my spot. I’m going to make some prototypes. What do I do next? And about provisional patent, what if there’s a person figure out the same product, does provisional patent protect me, if I’m the first to file.

@PatentsDemystified 4 месяца назад

One thing to note is that you should call it a provisional patent *application* (ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-yfT8U-8PxGY.html). Assuming you provided sufficient detail in the provisional application, it will give you an early priority date vs. someone who filed a patent application later on the same or similar thing. However, you don't have any enforceable rights until you file a non-provisional application, it goes through examination 1-3 years later and then hopefully is allowed and grants as an issued patent. Regarding next steps, it depends a bit on what the invention is and what your business plan is, but my best suggestion is to work hard to determine if this idea will actually make a good product or service that you can make and sell at a price point that people actually want to buy it at. Having a cool and clever idea can be the easy part, but actually translating that into a viable product, service or business is surprisingly the hard part where most folks fail or give up.

@luluzyz 4 месяца назад

@@PatentsDemystified Thank you for the fast response. You clarified my problems! Wish you and your channel the best!

@latifaroseruben 6 месяцев назад

Thank you for your helpful info!!!!

@PatentsDemystified 6 месяцев назад

Thanks!

@JanaDiebel 29 дней назад

Im stuck with a company that is just holding on to my invention. I don't have anymore money to put into it. I do have a patent. Could use some advise

@PatentsDemystified 29 дней назад

Who owns the patent? Also, what exactly is your relationship with this company contractually?

@shadowofaghost-bt7ew 5 месяцев назад

I have an idea but i dont know how to make a prototype, its unique and I dont know where or how to hire someone to make it a reality

@PatentsDemystified 5 месяцев назад

Yea, that’s often one of the most difficult parts of the product development process. Just keep on doing your research and working to find the right support team.

@nestorrodriquez5194 2 месяца назад

I have lots of ideas I just don't know know where to go and don't have the resources Is a good idea to get inventhelp?? Are they expensive?

@PatentsDemystified 2 месяца назад

@nestorrodriquez5194 Absolutely not! Companies like InventHelp are a total scam.

@melojackson6885 10 месяцев назад

Love the info, my question is since the product is out of my realm of expertise: should I have the one who is making my prototype sign a nda or should I have it so basic that it’s enough to pass a provisional patent start up but not enough for them to beat me to the punch?

@PatentsDemystified 10 месяцев назад

You need to have a lot more in place than an NDA if this person is going to be doing work that could be considered inventive, which would require them to be named as an inventor on any patent application. They would need to assign their patent rights to you or your company; otherwise they would own a share of the patent. I would suggest talking with a patent attorney about the specifics of your situation. A list of patent attorneys who might be able to help can be found here: oedci.uspto.gov/OEDCI/practitionerSearchEntry

@rubychar7423 2 месяца назад

Hello, Thank you for the info, I have an product I made but I don,t have the money to pattern it. what is the step by step advice you can give me please before I can start selling it. please help. Thank you

@PatentsDemystified 2 месяца назад

I wish there was an easy step-by-step process that fit everybody, but the best thing for you and your product really depends on your overall business plan and the product itself, so it's hard to give any specific advice without knowing all these specifics. That being said, not having funds to file an initial provisional patent application now should not prevent you from moving the product or business forward. What actually ends up holding folks back is being able articulate the product and business plan to investors such that they want to provide funds for filing an initial provisional patent application before selling, producing the product etc. Also, you typically don't need to go to professional investors in the beginning and can rely on friends and family initially to get the funds you need. Successfully launching a product or business is actually quite difficult, and most folks at early stages fail because figuring out the right way forward for their specific product and business plan is too hard or too much work.

@rubychar7423 2 месяца назад

Thank you I appreciate your reply and advise😊

@Spade2481 7 месяцев назад

Hello, is it recommended to file for patents BEFORE approaching manufacturers for quotes?

@PatentsDemystified 7 месяцев назад

It seems like it would be a good idea file a patent application before approaching manufacturers to prevent your idea from being stolen, but I typically don’t recommend it. In addition to it being unlikely in many cases for the idea to actually be stolen, filing a patent application too early sets you up for big patent costs too soon, so it’s better to wait until you are ready to make public disclosures, public uses or offers for sale. If absolutely necessary use an NDA.

@abiola5783 3 года назад

Great video

@PatentsDemystified 3 года назад

Thanks!

@GregoryPLoomis 10 месяцев назад

Thanks for the video man. I am inventing something right now. I have a guy who owns a 3D printer facility. He and his wife will draw up an NDA for me to sign and provided info to patent my idea through a college. The law students do patents at a much cheaper price since they are still in school. Just curious. I can’t afford an attorney to look at the NDA and I’m still in the beginning stages of creating the prototype. Just wanted some feedback Thank you

@PatentsDemystified 10 месяцев назад

Regardless of the NDA, just make sure you are working with people who are trustworthy. NDAs are hard to enforce and rarely are enforced in practice. Also, NDAs tend to hinder collaboration, so use them very selectively. You're far more likely to have your business fail because it does not get out there than have the idea stolen, so don't let being over-protective of your idea hold you back. This video has more detail on that: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-M7ELGuAv7cU.html

@GregoryPLoomis 10 месяцев назад

@@PatentsDemystified thank you much appreciated!

@PatentsDemystified 10 месяцев назад

@@GregoryPLoomis You bet. Glad to help.

@littleblogerbhavishya6505 15 дней назад

You man say clearly mentioned

@ChupaChoddy Год назад

So where do I go and step by step To do Because I just make something

@PatentsDemystified Год назад

Not sure exactly what you are referring to, but this video should help: How to Patent An Invention Idea ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-vEHI-gePr8A.html

@BaeShine775 4 месяца назад

I would absolutely love to talk to you how about a dog invention that will I feel change an ongoing bathing problem that I have literally never seen or found or even come close to my idea. It's not anything that would be very expensive to produce and from the amounts of people I have approached and the feedback they wanted it as of yesterday and keep bugging me and bugging me and bugging me and tell me if I don't do it they are!! How can I speak with you personally?? TYSM

@Draintheswamp2024 10 месяцев назад

I have possibly a multimillion-dollar invention that has to do with gold prospecting beach sand to be specific, I got the prototype made myself and would like to manufacture it. been studying provisional patents and i dont have the 20k for the patent and I have trusting people as far as an invester.

@PatentsDemystified 10 месяцев назад

A provisional patent application definitely shouldn't cost you $20k. That's on the extreme high end for drafting and filing a non-provisional as well, but you'll likely be getting to $20k+ in the examination of the non-provisional application 1-3 years after it's filed. Waiting to file a first patent application can be a great option to defer costs, especially if you trust investors you meet with. However, be careful to not forfeit patent rights by making public disclosures, public uses or offers for sale before filing your first patent application.

@Draintheswamp2024 10 месяцев назад

@@PatentsDemystifiedok thank you

@themaximusone 6 месяцев назад

OK I appreciate the scenarios but you take forever with getting to the point sir!

@PatentsDemystified 6 месяцев назад

Thank you for your feedback.

@AusafMohiuddin 7 месяцев назад

This is both, startup and trademark advice.

@deesoulseer6639 Год назад

Hi would it be possible to talk to you in person on the phobe to get your adcice. Regarding an idea i have?

@PatentsDemystified Год назад

I’m not able to take on additional new clients at this time, but you can find a list of registered patent attorneys here: oedci.uspto.gov/OEDCI/practitionerSearchEntry

@mahaibrahim7594 4 месяца назад

Thanks for the detailed information. How can I get in touch with you through email. I need your services.

@AlexUdaundo-su4zi 4 месяца назад

Oky ithink it's no problem for this..

@StevenMcabee-ot1jq 3 месяца назад

You disgust a lot of stuff that you have to see if the product is anywhere else first right is that part of the Patton process see if anyone else has got it, right

@PatentsDemystified 3 месяца назад

No, market research to see what similar products are out there, who the competitors are in the space and what the market wants and needs in such products is very different from patent/prior art searching and patentability analysis. This following video explains in detail why I'm not typically a fan of patent/prior art searching and patentability analysis, and then later in the video, how market research is different and absolutely essential when developing a product. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-NCajt0lRXnA.html

@mandellscott-pl3zy Год назад

I have a really great game that can sell global throughout the world but I need some help I need a helping hand and I really don't understand the product licensing thing in his financial I don't have the financials to do so so I need some help financially wise

@PatentsDemystified Год назад

This is not something I'm able to help with, but if you want to learn how to successfully license your product, I would suggest reading One Simple Idea: amzn.to/3KV6miu

@AlexUdaundo-su4zi 4 месяца назад

😊 of no copyright had in😊

@robzilla730 Месяц назад

For some reason I'm unable to "Like" your videos...🤔

@IAMCHIDERA Год назад

So you shouldn’t ‘offer’ your unpatented invention but you can accept offers?

@PatentsDemystified Год назад

No, you should not accept unsolicited offers to buy the product. An offer for sale is just the minimum bar - making a sale or accepting an offer to buy would also start loss of patent rights if you don’t file a patent application first.

@bubbeN999 3 месяца назад

that slow zoom is extremely distracting.

@PatentsDemystified 3 месяца назад

Thanks for the feedback! I’ve had this video out for awhile now and this is the second comment in a week on the slow zoom.

@bubbeN999 3 месяца назад

@@PatentsDemystified Yea, people keep trying to convince me I have ADHD, or ADD (one of the D's) so might be that.. or, "us". Also when I notice that effect my mind wants to do a "check" if I'm losing it so I start to focus on a point in the background to see if the edge actually "swallows my point of reference. May I ask if you are doing it in after effects or is the camera actually; "moving while zooming"? Any way. I am finally dusting of the old note pad with hundreds of billion dollar ideas and i stumbled upon your channel and I love how you just go straight to the point. really refreshing. When i fantasize about doing YT I would do that religiously in every vid to show who is watching I respect their time. which I feel 0.01% youtubers do today. Sorry for all this text (yikes), its 6.20am and Im lonely and sleep deprived. But at least I have decided now, with what product / idea im going to invest my time and brain power in. If you ever need some weird-but-perfect-for-video-outro-music that is not ddone by AI you are free ti hit me up; I will most likely be excited to do it for free depending what mood I'm in, hah!. Oh and two more things! Dont take My music content on RU-vid as an example of what it would sound like, unless you like that sort a thing. And two; Noo Im not copy pasting this whole as text every where to "market" my s*!#. This a genuine, spur of the moment comment to the video creator because I didnt need to watch several youtubers on the manner to get a loose idea of what to and now im nboddin so hard my lips are tingling so bye bah!

@mandellscott-pl3zy Год назад

You got to see it to believable game I got regenerate big big big money this game make money everyday I desperately need to help to bring it to market as a team

@antic4mper819 4 месяца назад

lol i can't handle the slow zoom effect

@PatentsDemystified 4 месяца назад

Funny, I recently had someone say they love it. Maybe it’s too fast in this one? Maybe I just over use it.

@mandellscott-pl3zy Год назад

I'm going to need a teamwork don't have the finances to bring this to market so I'ma need somebody well-equipped didn't know what to do as a partner to help me in this pattern thing with my game I got will go global worldwide playing card game

@mandellscott-pl3zy Год назад

Actually help me sell my idea to a company card or casino games slot machines

@preppervol 6 месяцев назад

What if you have done your research and find that no one has anything close to what you are doing....lol.... I know for a fact that no one is even close to what I am doing....

@PatentsDemystified 6 месяцев назад

Assuming you are just starting out, you need to do the research to determine whether your novel invention will actually make a good product or business that you can manufacture and sell at a price point that buyers will actually pay. Sometimes, an invention may be novel because it's not an idea that translates well into a successful business or service for some reason.

@sanjanewmoonlife 8 месяцев назад

People stole some my few ideas 💡 even Hollywood stole my title 😢

@chicoprobe 10 месяцев назад

NO GOOD YOU INFORMATION

@littleblogerbhavishya6505 15 дней назад

Don't say anything you man 😭

@diogocouto2509 28 дней назад

mate whats wrong with you

@mihailamarcel5201 Год назад

i have an ideea wich must be protected ..before i will tell someone ,very simple

@PatentsDemystified Год назад

Talking with a patent attorney would be the best thing to do. A list of registered patent attorneys can be found here: oedci.uspto.gov/OEDCI/practitionerSearchEntry

@gee3883 4 месяца назад

Once again great advice/content from this guy, thanks Dylan @PatentsDemystified

@PatentsDemystified 4 месяца назад

Thanks!

@mihailamarcel5201 Год назад

if i combine three things ,wich noone saw before me, and it resolves an iimportant problem very simple and elegant ....its like Elon Musk wich came with idea that rockets could be reusable..is not something wich noone thought , im sure someone did,he found money or for example an investor and now revolution began or smartphone of steve jobs ..he made an touch screen ipod,than it came with idea that you could make ad mycrophone and transform it into a phone..my idea is the same

@PatentsDemystified Год назад

Doing an evaluation of this is going to be very fact-specific. I would suggest talking with a patent attorney about this. A list of registered patent attorneys can be found here: oedci.uspto.gov/OEDCI/practitionerSearchEntry