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3 good ideas
by propainter7901 » Sat May 08, 2010 4:08 pm
- propainter7901
- White Belt
- Posts: 1
- Joined: Sat May 08, 2010 3:55 pm
I have at least three good invention ideas. I am a proffesional painter and I have many ideas for new tools and such to make painting easier and faster. However I have no money to invest, and I basicaly live week to week. I know that these inventions can make money but I am skeptical about telling any of these invention submision companies about them. What do I do, it would be difficult for me to come up with even a few hundred dollars right now. Please any suggestions would be appreciated.
Re: 3 good ideas
by rather-be-golfing » Sat May 08, 2010 6:13 pm
-
rather-be-golfing - Green Belt
- Posts: 204
- Joined: Mon Feb 25, 2008 12:25 pm
Propainter
I am just in the process of licensing a painting tool. The cost so far has been very minimal thanks to the help of a few people that I met here on I-Spot! The total with a provisional patent application will be less than $500 cash but I have probably put 300 hours in in the last 2 months.
Have you done some basic patent searches on Google Patents yet?
What area are your ideas in? Applicators? I have contact info for about a dozen companies in North America, one in Europe and two in China. I just met with most of them at the National Hardware Show in Las Vegas this week. I will tell you that unless the market is obviously huge, the North American companies are very reluctant to step up with any money. I have a tentative agreement with a Chinese company but I can't recommend them yet but if they do what they say....that is the way to go.
Normally you would be pointed to the 'Where do I start?" thread but I may be able to help you get past a few hurdles if you would like. If you are interested, you can email me at d351@shaw.ca or PM me if you can. I have no problem signing an NDA.
RBG
(Dave)
I am just in the process of licensing a painting tool. The cost so far has been very minimal thanks to the help of a few people that I met here on I-Spot! The total with a provisional patent application will be less than $500 cash but I have probably put 300 hours in in the last 2 months.
Have you done some basic patent searches on Google Patents yet?
What area are your ideas in? Applicators? I have contact info for about a dozen companies in North America, one in Europe and two in China. I just met with most of them at the National Hardware Show in Las Vegas this week. I will tell you that unless the market is obviously huge, the North American companies are very reluctant to step up with any money. I have a tentative agreement with a Chinese company but I can't recommend them yet but if they do what they say....that is the way to go.
Normally you would be pointed to the 'Where do I start?" thread but I may be able to help you get past a few hurdles if you would like. If you are interested, you can email me at d351@shaw.ca or PM me if you can. I have no problem signing an NDA.
RBG
(Dave)
Re: 3 good ideas
by MississippiInventor » Fri May 21, 2010 3:59 pm
- MississippiInventor
- White Belt
- Posts: 11
- Joined: Fri May 21, 2010 3:00 pm
The first thing you should do is to pick one that makes the most money and has the largest target market.
It's hard enough to commercialize one thing much less three at the same time.
Here the steps that I recommend people go through to invent
steps one through five are free. Beyond step 6 they cost money.
STEP 1) Start an inventor notebook.
STEP 2) Obtain a Lawyer-Approved Non Disclosure Agreement (NDA)
STEP 3) Build a $10.00, 2hr. quick prototype.
STEP 4) Do a 4hr quick search to find what is like it.
STEP 5) Figure out how much your invention is worth to a company. (Most Important Step!)
------------------------------------------------------------------------
STEP 6) Write a pitch.
STEP 7) Build an improved prototype.
STEP 8) Pay for a prior art search.
STEP 9) Patent Opinion and Application
STEP 10) Pitch it to a company OR start your own company.
It's hard enough to commercialize one thing much less three at the same time.
Here the steps that I recommend people go through to invent
steps one through five are free. Beyond step 6 they cost money.
STEP 1) Start an inventor notebook.
STEP 2) Obtain a Lawyer-Approved Non Disclosure Agreement (NDA)
STEP 3) Build a $10.00, 2hr. quick prototype.
STEP 4) Do a 4hr quick search to find what is like it.
STEP 5) Figure out how much your invention is worth to a company. (Most Important Step!)
------------------------------------------------------------------------
STEP 6) Write a pitch.
STEP 7) Build an improved prototype.
STEP 8) Pay for a prior art search.
STEP 9) Patent Opinion and Application
STEP 10) Pitch it to a company OR start your own company.
Re: 3 good ideas
by davh12 » Fri Oct 22, 2010 7:47 am
- davh12
- White Belt
- Posts: 28
- Joined: Thu Oct 21, 2010 6:02 am
Propainter,
It was $554.00 for my non-provisional utility patent..............I'm small entity....and I would assume that your are as well. There is a web site that represents an inventer who passed away and left 5 million dollars for serious inventors, tinkerers, etc. They have already closed award applications for this year, but you can try to put in an application next year. It's called the "Vogt Award". Inventors, if approved, can get up to $250,000 bones a year. Within 2 years, you must be willing to relocate to Louisville, KY to set up business. I contacted one of the reps just to ask for info about getting my foot in the door within the aerospace industry. I spoke with Liz Alkire. She was very helpful and professional. If I was not active duty Army, I'd be moving to Louisville.
Liz Alkire <lalkire@enterprisecorp.com>
http://www.vogtawards.com
Best Regards,
Dave
It was $554.00 for my non-provisional utility patent..............I'm small entity....and I would assume that your are as well. There is a web site that represents an inventer who passed away and left 5 million dollars for serious inventors, tinkerers, etc. They have already closed award applications for this year, but you can try to put in an application next year. It's called the "Vogt Award". Inventors, if approved, can get up to $250,000 bones a year. Within 2 years, you must be willing to relocate to Louisville, KY to set up business. I contacted one of the reps just to ask for info about getting my foot in the door within the aerospace industry. I spoke with Liz Alkire. She was very helpful and professional. If I was not active duty Army, I'd be moving to Louisville.
Liz Alkire <lalkire@enterprisecorp.com>
http://www.vogtawards.com
Best Regards,
Dave
Re: 3 good ideas
by stereo-vision » Fri Oct 22, 2010 8:48 am
- stereo-vision
- White Belt
- Posts: 44
- Joined: Sat Aug 21, 2010 7:34 pm
Wow! I live in Louisville and have been in the patent game for over 15 years and have never heard of this award. I just recently filed for a utility patent(restrictive patent) through my attorney in Louisville. My patent is the first using "stereo-vision" for a practical product instead of just looking at pictures. I want to start a business manufacturing my products. Do they have a physical address?
Re: 3 good ideas
by davh12 » Wed Oct 27, 2010 4:29 am
- davh12
- White Belt
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- Joined: Thu Oct 21, 2010 6:02 am
Stereo vision,
If you live in the Louisville area and have not heard of them it may be a scam, but they do have a physical address Here are a couple of contacts below. Let us know what you find out. If it is a scam, we can get the BBB on their backs for trying to cheat people. It seemed and looked "legit" They emailed me a couple of forms
Liz Alkire
614 West Main Street
Suite 6000
Louisville, KY 40202
502.741.4937 (Phone)
502.625.0010 (Fax)
lalkire@greaterlouisville.com
Lisa Bajorinas
Managing Director
614 West Main Street
Suite 6000
Louisville KY 40202
502.625.0133 (Phone)
502.625.0010 (Fax)
lbajorinas@greaterlouisville.com
If you live in the Louisville area and have not heard of them it may be a scam, but they do have a physical address Here are a couple of contacts below. Let us know what you find out. If it is a scam, we can get the BBB on their backs for trying to cheat people. It seemed and looked "legit" They emailed me a couple of forms
Liz Alkire
614 West Main Street
Suite 6000
Louisville, KY 40202
502.741.4937 (Phone)
502.625.0010 (Fax)
lalkire@greaterlouisville.com
Lisa Bajorinas
Managing Director
614 West Main Street
Suite 6000
Louisville KY 40202
502.625.0133 (Phone)
502.625.0010 (Fax)
lbajorinas@greaterlouisville.com
Re: 3 good ideas
by davh12 » Thu Oct 28, 2010 3:21 am
- davh12
- White Belt
- Posts: 28
- Joined: Thu Oct 21, 2010 6:02 am
Propainter,
I know that you sent an email, but for some reason it is not popping up here on my messages yet I get an email notification at my gmail. Just did not want you to think I ignored you
Dave
I know that you sent an email, but for some reason it is not popping up here on my messages yet I get an email notification at my gmail. Just did not want you to think I ignored you
Dave
Re: 3 good ideas
by OLUGBENGA » Wed Dec 01, 2010 3:55 pm
- OLUGBENGA
- White Belt
- Posts: 6
- Joined: Wed Dec 01, 2010 3:12 pm
Propainter:
I know it was mentioned briefly before but let me mention it again. The prior art search (IP and current products) is the most crucial next step. To continue with currently available product will waste your resources; plus you would better know your competition and could design around them. Google has a decent patent search but the best thing to do is find a local public search facility (http://www.uspto.gov/products/library/search/), where they have access to the same caliber tools of the patent examiners in the USPTO.
Based on your post, it seems like product licensing is your best bet. There are numerous resources on the steps to take to get there. I'm an inventor and I'm not going to pretend that this is easy (still trying to get to market), but I have no regrets going along this path so far. Here is an article from a very well respected inventor, Roger Brown, where he gives a 12-step process to getting your invention to market with little cost (http://www.inventorsdigest.com/?p=5042).
In addition, I urge you to check out any company you want to deal with before hand by researching them thoroughly and checking them out with the Better Business Bureau and UIA. There are many product development companies out there with good intentions I know of four whom I have personal contact and know that they are legitimate: Quirky.com, EdisonNation.com (they are casting their Everyday Edisons TV Show ow so hurry up), Spark Engineering (http://www.sparkengineering.com), and Trident Design (http://www.trident-design.com). There is also a great list of inventor-friendly companies that has helped me (http://www.inventorsdigest.com/?page_id=166).
I hope this helps. Good Luck!
Olugbenga "Tumi" Oredein Jr.
O-Zone Product Development
757-576-5757
tumioredein@gmail.com
thestrugglinginventor.com
twitter.com/OZonePD
I know it was mentioned briefly before but let me mention it again. The prior art search (IP and current products) is the most crucial next step. To continue with currently available product will waste your resources; plus you would better know your competition and could design around them. Google has a decent patent search but the best thing to do is find a local public search facility (http://www.uspto.gov/products/library/search/), where they have access to the same caliber tools of the patent examiners in the USPTO.
Based on your post, it seems like product licensing is your best bet. There are numerous resources on the steps to take to get there. I'm an inventor and I'm not going to pretend that this is easy (still trying to get to market), but I have no regrets going along this path so far. Here is an article from a very well respected inventor, Roger Brown, where he gives a 12-step process to getting your invention to market with little cost (http://www.inventorsdigest.com/?p=5042).
In addition, I urge you to check out any company you want to deal with before hand by researching them thoroughly and checking them out with the Better Business Bureau and UIA. There are many product development companies out there with good intentions I know of four whom I have personal contact and know that they are legitimate: Quirky.com, EdisonNation.com (they are casting their Everyday Edisons TV Show ow so hurry up), Spark Engineering (http://www.sparkengineering.com), and Trident Design (http://www.trident-design.com). There is also a great list of inventor-friendly companies that has helped me (http://www.inventorsdigest.com/?page_id=166).
I hope this helps. Good Luck!
Olugbenga "Tumi" Oredein Jr.
O-Zone Product Development
757-576-5757
tumioredein@gmail.com
thestrugglinginventor.com
twitter.com/OZonePD
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