Watch most Inventor shows on TV and you will likely see people on the edge of disaster financially. You hear story after story of men and women that took out a second mortgage on their house, used every bit of savings they had, lived within their car and on the brink of bankruptcy. These were those which made it on camera. They had 1000s of entrants and only a few made it as far as being televised. Imagine if even of individuals who auditioned and didn’t get on T.V spent as much money as the ones you saw. Another thing you should consider is that all of those that did not get on T.V. were looking for somebody to produce their idea and get it to promote.
There are a number of Inventhelp Corporate Headquarters submission companies out there and now there are also more which have sprung up offering help, to get a price and feeding from everyone’s enthusiasm making it rich. Unfortunately, not all of them have your best interest at heart. A number of them are only in the market to empty your banking account and incredibly don’t care if your item gets to market provided that your check clears the lender. You have to understand no matter who you pick to make use of, they supply something and that for each and every service you utilize you should pay a price.
In the event you come to them and say I have idea X and I want to use a patent search done, I would like to file for a patent; I want to get a prototype made and have my idea sent to companies for possible licensing. They are more than happy to do all those things… for a fee. It is not their job to tell you your idea stinks. These are providing the service you requested. They desire to provide you with the assistance you said you want… to get a fee.
Consider it in this way. In case a company that cuts grass being a service was working down the street out of your house and also you went up to them and said “Can you cut my grass?” They are most likely planning to say “Yes, we are able to do that for X sum of money.” In the event you say I want you to cut my grass every week whether or not it needs it or not. They will set you on a schedule and reduce your grass each week whether or not it needs it or otherwise not. Because, you happen to be paying customer and you also are asking them to provide you with their service. In addition they know that if you are going to obtain your grass cut each week whether or not it needs it or otherwise plus they turn you down you are going to just go and discover another company willing to do it weekly. So, is the fact company a bad company for providing you with what you want even when you don’t require it?
When you go to a Patent Attorney’s office and say I really want you to perform a patent hunt for me in my idea should the Patent Lawyer say “Have you ever gone to Google.com/patent or perhaps the patent office website yourself first to determine if other things has gone out there?” When you visit a design firm and say “Can you build this for me from titanium?” Can you expect those to say “Exactly what are your plans for this? Have you looked to find out if other things has gone out there similar to this?”
When you visit a manufacturer with Inventhelp George Foreman Commercials and say ” I wish for you to make me 5,000 of these in red and blue”. Can you expect them to say “We won’t make these for you personally until you can convince us that these will be marketable and you will definitely make your money back to them?”
If that is what you expect to occur you will be severely disappointed because the chances of that happening are slim to none. Why? As they are in business to earn money and they are generally selling you a service and you also are asking them to carry out a service. Whether you feel it is morally wrong on their own part to do when you ask, even if they are fully aware you happen to be wasting your money. It is really not illegal for them to give you the service. It is actually your task to do your homework at the start and to be as informed as possible to ensure that you are making a solid decision.
Don’t misunderstand me I feel horrible for anybody that loses their shirt and goes severely in debt, gets scammed or simply has bad luck using a product that is advisable. I am just trying to ensure that you know in advance what you are engaging in therefore making you ask the difficult inquiries to determine should you need these services. When I have said before I actually have several items on the market i spent lower than $100 on and not 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.
Whenever you think of a concept that you simply think is great. You should stop and do that exercise prior to deciding to approach any business and request any services. Go without your Inventors cap and set on your Consumers cap. You can’t think about your idea as YOUR idea anymore. You need to consider it as something the truth is on the store shelf when you are shopping and are spending YOUR hard earned money to purchase it. I can’t emphasize this enough. You need to REALLY take a look at idea from the consumer’s point of view and get these questions.
Would I Truly buy this item should i saw it inside the store?
Why would I purchase it?
Would people that bought one buy another later? Is the idea a one-time purchase?
Is that this something that more than just your friends and relations would buy simply because they like/adore you?
Which companies do you think would sell this sort of item?
What are the items like yours on the market? If so, how is yours better and why would it sell a lot better than theirs? Are theirs selling in any way or just trying out shelf space?
Will the consumer Get the product whenever they look at it on the shelf without the main benefit of using a commercial built around it?
These are generally quick questions It is possible to answer without paying a soul. When you get more negative techniques to these questions than positives you need to reevaluate your idea.
Being an Inventor you have rights with regards to dealing with Inventhelp Company News. Many people get conned because they don’t understand the right things to ask or what the invention submission clients are required by federal law to inform you before you sign on the dotted line with them. When they are unwilling to answers the questions required by law, that needs to be a massive warning sign for you; run and escape from them as quickly as possible along with your wallet still intact. If they are legitimate they have absolutely nothing to hide and really should be glad to demonstrate their successes and failures. Many get their successes posted on their website that you should take a look at.
The American Inventors Protection Act of 1999 can there be for your protection. Use it. Businesses that come under this act must inform you the information below BEFORE you sign an agreement becoming a client, not AFTER you have already spent the amount of money!
Allow me to again be clear that it must be the duty of the Inventor to look at a company prior to using them. As I have said there are plenty of great legitimate invention submission companies, Design companies and patent giooif out there. You just need to be cautious and thorough whenever you choose one, decide whether you will need their services and know what you receive for your money. Chances are high which you might get burned should you just go along with your vision closed as well as your wallet wide open.