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Jan 26

I have had several calls from new inventors over the last few weeks asking for direction.  Unfortunately, it seems they want to hear that there is one “go to” place that will do all of the work and then send them lots of money.

If you are in the early stages of your invention, there is no easy “one-stop-shop” that will really help you.  If you think there is, you are only setting yourself up for failure and expensive failure at that.

Inventing takes money, due diligence and perseverance. Each step you complete requires new decisions to be made before you take the next step.

The first mistake inventors make is to assume that there is NOTHING else like their idea in the market place.  I hear it all the time and find out that it’s not true.  In fact the last time an inventor said that to me, I found out that the patent searcher had one in the front seat of her car and had it for several years.  The inventor was so sure, he had spent thousands of dollars on prototypes.  What a waste.  For a $500 search, he would have saved thousands of dollars and stomach lining.

For inventors who can’t afford a $500 search, you really need to ask yourself if you should even be trying to go down this road.  Inventing costs money.  There is no way around it.  Companies don’t buy ideas; they license intellectual property.

I have written about all of this before.  However, it seemed like a good time to  bring it up again.  As I said, I have had lots of calls the last couple of weeks from new inventors who want an easy, cheap way to do things.  It doesn’t happen that way.

One step at a time and  with each step completed, new decisions get made.

One stop shops only take your money and success is only a fantasy.

Good Luck.

Rita

Jan 11

Over the holidays I had a few inventors contact me and ask about reality television shows for inventors and if it was a good idea to try to get their product on one of the various “invention” shows.

TV is about entertainment and ratings. If you or your product makes for good entertainment, you have a chance to get on a show. These shows are NOT about doing what is best for your invention or you. The agreements that are used generally tip heavily in favor of the show and the producers. It is not unusual that you end up giving most, if not all, of your valuable rights away.

Inventing is hard work and there are no short cuts. If it sounds too good to be true, well, it probably isn’t true. You are better off, in the long run, to go step by step and do the work rather than wasting time looking for short cuts.

However, there are a couple of shows with which I am familiar that are actually looking for stories about inventors. The agreement that they use is very fair and they claim no hold on your invention. So, if you are going to consider a television show as a way of promoting your invention, read the contract carefully. Have someone else review it for you. A good agreement should be to your advantage, and not just theirs.