Know the Steps for Turning Your Invention into a Product
Sitting idle and getting so many innovative ideas? Don’t know what to do with these genius ideas? Patent them. Yes, Before you start blabbing about your idea or an invention to the wrong person or run to the fraud company that offers to buy it for billions of dollars, don’t get trapped know your patent design company, know the people first and then take the plunge Ken Tarlow the patent design king has been there for many years now and earned his good name and good will from people he has worked with.
1: DOCUMENT IT: Just getting an idea in your head is not enough. It can easily slip
you’re your mind or even you will have the urge to share it with some people while you might not know would be a wrong choice. The first and foremost step is to document your idea. Securing it from getting stolen. It will be kind of your personal journal in which you mention the date of your idea’s conception which will make it full proof. 2: RESEARCH IT: Before you share it with your patent designer or officer, research it well at your end first. You need to research on all the legalities involved for this particular invention. You need to see it from a business point of view before you file a patent. Research your market well; before you invest a big amount time and money in your invention do every possible research of the target market and future scopes. 3: MAKE A PROTOTYPE: A prototype is a copy of your invention that puts everything into action what you have researched and jotted down in your inventors journal. It’s basically putting everything into manufacturing state, as this will demonstrate the design of your invention 4: FILE A PATENT: It’s time to file for your patent, now that your design is final. There are two patents, you need to choose from one is utility patent which is for a new process and the other is design patent which for manufacturing. 5: MARKET YOUR INVENTION: Now when almost everything is done, it’s time to figure out the marketing strategies. You would need to decide how to you want to market your product and the target market. Once the product is out in the market, you will be receiving royalty fees.