You may have an amazing brilliant concept for an innovative invention that you believe many individuals would be more than willing to purchase. But without a concrete plan to transform your brilliant idea into viable products, you’ll never earn serious money off of it. Thus, you must outline a step-by-step plan to help make your innovative invention into a market-ready product. Start by collecting relevant information about the invention idea and the marketplace. Then you can work your way from there to develop a plan.
Start small with your school projects and inventions. Your ideas can be very different, but they can also be very similar to each other. That’s the beauty of working in groups: you get to share ideas with others and you can work together on solutions to real problems. The most successful inventors often come from creative groups such as schools or businesses.
The next step after you’ve developed a feasible invention idea is to secure a patent. A patent makes sure that your invention isn’t covered by another party’s patent rights before you have a chance to market your product. A good patent attorney will help you through the patent application process and make sure your invention is granted the protection it deserves.
After obtaining a patent, it’s best to move on to marketing your new ideas. Most new inventions come from blueprints and ideas, so it’s good to get your hands on some books on how to innovate and create successful new ideas. Additionally, you may have attended a number of conferences or brainstorm sessions that would have taught you valuable marketing strategies for your new invention ideas. These types of resources can really pay off when it comes to selling your invention. Selling the idea is only half of the battle; if no one knows about your product it’s difficult to get any funding at all.
The third step to patenting your invention ideas is developing an industry standard. There are a number of ways to do this, but one way that has been proven to be very effective is to say something like “This invention would look great in a car.” While it may sound silly, what you’re saying up front actually makes a difference. If no one has ever seen a car made out of your new invention, then no one will have any reason to pay you any royalties or license fees.
Inventors don’t want to hear from anyone except themselves when it comes to their new invention ideas. Even if you’re a good writer, it’s important to make sure your words are powerful enough to convey your patentable ideas to others. Good writers know this very well and they often utilize special software to help them write their patentable ideas into words that the courts will take seriously. That’s why it’s so important to get professional legal advice before you begin to write your patent.