FAQ  •   Login  •   Register  •   Subscribe 

Welcome to the Forum for InventorSpot.com, the most popular invention related website in the world. Read our welcome message.

Skip to content

Moderators: Michelle, Scrupulous, citizen

Invention Idea Price!!

Postby invnetor7 » Sat Jan 15, 2011 6:18 pm

White Belt
Posts: 4
Joined: Sat Jan 15, 2011 6:07 pm
Hello everyone, I was contacted for somebody interested in one of my inventions, actually I have just the idea with a patent pending status,
with their respectives drawings, and ilustrations about it.

but somebody contact me with the following email:

We are interested in your idea, but that's just it...it's just an
idea. It is very early in the process. There is no manufacturing in
place, nor is there a prototype even available. I do not expect the
product to be a full business before we buy, but I would prefer it to
be further along. We would be willing to entertain an offer as is
though. What is your price to sell as it stands right now without
doing any further work?

Any help on how much I could sell my idea? I will really appreciate it.

Re: Invention Idea Price!!

Postby Roger Brown » Sat Jan 15, 2011 8:12 pm

User avatar
Roger Brown
Black Belt
Posts: 1200
Joined: Mon Oct 30, 2006 2:53 pm
Location: USA
Why are you considering selling the idea outright? If you do that they will most likely offer you a design fee and then that will be all you see. You lose all claim to the idea. They make it sound like they are doing you a favor taking it off your hands with the provisional application filed. Counter offer for a license and royalty.
Ask what amount are they offering for a buyout.

I have seven products licensed using only a sell sheet. It can be done you just need to find the right company.
Come visit my sites at http://www.RogerBrown.net
or http://www.looking2license.com
I have gotten 9 products licensed spending less than $100 on each, you can too.

Re: Invention Idea Price!!

Postby invnetor7 » Mon Jan 17, 2011 8:22 am

White Belt
Posts: 4
Joined: Sat Jan 15, 2011 6:07 pm
Thanks Roger for your comment, I will see what I can get, Thanks again.

Re: Invention Idea Price!!

Postby Tania » Tue Jan 18, 2011 3:44 pm

White Belt
Posts: 29
Joined: Wed Jan 13, 2010 8:27 pm
style does not= Co-inventor
"One method used by some patent attorneys is to ask the question- If the idea of this person had not been contributed, would the invention exist, as it is claimed?"
http://www.yale.edu/ocr/pfg/guidelines/ ... rship.html