Watch most Inventor shows on TV and you will likely see people on the edge of disaster financially. You hear story after story of individuals that took out a second mortgage on their own house, used every bit of savings they had, were living in their car and on the brink of bankruptcy. These were those which caused it to be on camera. They had a large number of entrants and just a few made it as far as being televised. Imagine if even of people who auditioned and didn’t get on T.V spent just as much money as the ones you saw. The other thing you should consider is that all of those that did not get on T.V. were seeking someone to produce their idea and get it to advertise.
There are numerous of Inventhelp Reviews submission companies out there now there are even more which have popped up offering help, for a price and feeding away from everyone’s enthusiasm to make it rich. Unfortunately, not every one of them have your best interest at heart. Many of them are just in the market to empty your bank account and incredibly don’t care in case your item reaches market provided that your check clears the bank. You have to understand irrespective of the person you pick to make use of, they offer something and this for every service you use you will have to pay a price.
Should you arrived at them and say I actually have idea X and I want to use a patent search done, I wish to file for a patent; I would like to get yourself a prototype made and possess my idea brought to companies for possible licensing. They are delighted to perform all those things… for a fee. It is really not their job to inform you your idea stinks. They are offering the service you requested. They really want to offer you the assistance you said you wanted… for a fee.
Think of it this way. If a company that cuts grass as a service was working across the street from the house and you went up to them and said “Can you cut my grass?” They are likely planning to say “Yes, we can accomplish that for X amount of cash.” Should you say I wish for you to cut my grass weekly whether it needs it or otherwise not. They will set you on a schedule and cut your grass weekly whether or not it needs it or otherwise not. Because, you are the paying customer and you are asking them to present you with their service. In addition they realize that in case you are determined to obtain your grass cut weekly whether or not it needs it or not and they turn you down you are going to just go and locate another company willing to do it each week. So, is the fact that company a poor company for providing you with what you would like even though you may don’t require it?
When you visit a Patent Attorney’s office and say I wish for you to accomplish a patent hunt for me on my idea should the Patent Lawyer say “Have you ever gone to Google.com/patent or the patent office website yourself first to determine if everything else has gone out there?” When you go to a design firm and say “Can you build this for me from titanium?” Can you expect them to say “What are your plans for this? Have you looked to find out if everything else has gone out there such as this?”
When you go to a manufacturer with Patent Your Idea and say ” I really want you to make me 5,000 of those in red and blue”. Can you expect those to say “We won’t make these to suit your needs before you can convince us these is going to be marketable and you will definitely make a refund upon them?”
If it is exactly what you expect to occur you will be severely disappointed because the probability of that happening are slim to none. Why? As they are in operation to earn money and they are generally selling a service and you also are asking them to carry out a service. Whether you really feel it is actually morally wrong on their part to perform while you ask, even if they understand you might be squandering your money. It is not illegal to allow them to give you the service. It is actually your job to do your research up front and also to be as informed as you can to make sure you are making a sound decision.
Don’t misunderstand me I feel horrible for anybody that loses their shirt and goes severely in debt, gets ripped off or just has bad luck using a product which is advisable. I am trying to make sure you know in advance what you are getting into thus making you ask the tough inquiries to determine should you need these services. As I have said before We have several items on the market which i spent under $100 on and never set foot in a patent lawyer’s office, or hired a design firm, or contacted a manufacturer to construct me X quantity of prototypes. So, it can be done.
Once you come up with an understanding that you simply think is excellent. You need to stop and accomplish this exercise prior to deciding to approach any company and request any services. Go without your Inventors cap and place on your own Consumers cap. You can’t think of your idea as the idea anymore. You must consider it something the thing is on the store shelf when you are shopping and therefore are spending YOUR hard earned money to purchase it. I can’t emphasize this enough. You should REALLY review your idea from your consumer’s perspective and ask these questions.
Would I Seriously buy this item basically if i saw it inside the store?
Why would I purchase it?
Would individuals who bought one buy another later? Is your idea a 1-time purchase?
Is this something that not only your friends and family would buy simply because they like/adore you?
Which companies do you think would sell this type of item?
What are the stuff like yours on the market? If so, how is yours better and why would it sell better than theirs? Are theirs selling in any way or perhaps taking on shelf space?
Will the consumer GET your product whenever they look at it on the shelf without the advantage of using a commercial built around it?
These are simple questions You are able to answer without having to pay a soul. If you get more negative answers to these questions than positives you have to reevaluate your idea.
Being an Inventor you do have rights with regards to utilizing Inventhelp Review. Many individuals get ripped off simply because they don’t know the right questions to ask or just what the invention submission clients are necessary for federal law to share with you before you sign on the dotted line along with them. When they are unwilling to answers the questions required by law, that should be an enormous red flag to you; run and move away from them as quickly as possible together with your wallet still intact. Should they be legitimate they have got absolutely nothing to hide and really should be happy to show you their successes and failures. Many have their successes posted on their site so that you can take a look at.
The American Inventors Protection Act of 1999 can there be for your protection. Apply it. Companies that come under this act must tell you the information below BEFORE you sign a legal contract becoming a client, not Once you have already spent the money!
Let me again be clear that it is the obligation in the Inventor to check out a business before you use them. When I have said there are a lot of good legitimate invention submission companies, Design companies and patent giooif available. You simply need to be very careful and thorough once you pick one, decide whether you will need their services and understand what you receive for the money. The odds are high which you might get burned in the event you go in with your vision closed and your wallet wide open.