By Jack Lander
Locate the money you want to carry your invention to existence! you have got a superb thought - yet until you discover definitely the right financing, your innovations may perhaps by no means get past the laptop. With All i would like Is funds, you will find out find out how to safe the investment you must make your invention a fact. millions of power traders are searhing for an excellent proposal to get in the back of -- and All i would like Is cash is helping you discover them. specifically, the booklet indicates you ways to:
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Additional info for All I Need Is Money: How To Finance Your Invention
And the search plus patentability opinion costs between $500 and $1,000, depending on the hourly rate of the agent or attorney and the complexity of your invention. For more information on patent searching resources, see Chapter 12. 3/21 Get a Prototype It’s not essential to create a prototype, but I strongly recommend it. A prototype or working model of your invention may enable your agent or attorney to get a stronger patent, because it can disclose reﬁnements or even essential features that your written deﬁnition lacks.
By obtaining a professional evaluation before spending any signiﬁcant amount of money, you may ﬁnd that your invention, even though it has considerable merit, isn’t likely to succeed in the marketplace, and your options are to ﬁght against the odds or to abandon your venture. I know that you don’t even want to think about these two possibilities, but you must be realistic. Some inventions cannot succeed even though they have great merit and the world needs them. Here’s another example. EXAMPLE: I was given a free sample of a small plastic wedge set that could be used to level a fourlegged table that rocks when you lean on it.
This item can’t really be considered much of an invention. It is too obvious, and therefore probably won’t pass the Patent Ofﬁce requirement of “unobviousness” to someone skilled in the area (a toilet seat maker). And the fact that the consumer would have to install it with screws is a deﬁnite impediment to sales. But the main problem, as I see it, is marketing. A simple item like this probably won’t sell well if priced beyond two or three dollars. 95 wouldn’t be attractive to most catalogers. By obtaining a professional evaluation before spending any signiﬁcant amount of money, you may ﬁnd that your invention, even though it has considerable merit, isn’t likely to succeed in the marketplace, and your options are to ﬁght against the odds or to abandon your venture.
All I Need Is Money: How To Finance Your Invention by Jack Lander