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FAQ: If I get a patent does that mean my idea is marketable?
by Roger Brown » Fri Sep 28, 2007 9:20 pm
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Roger Brown - Black Belt
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FAQ: If I get a patent does that mean my idea is marketable?
FAQ
by Roger Brown » Tue Oct 02, 2007 7:35 pm
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Roger Brown - Black Belt
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- Joined: Mon Oct 30, 2006 2:53 pm
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No it does not. Every idea is not marketable. 97% of all patents granted will not make it to market. All a patent means is you have an idea that no one else has taken the time to patent.
Make sure you have a market for your idea that is large enough to cover your expenses and yeild you a return on your investment before going forward with a patent. You don't want to spend thousands of dollars for a piece of paper you can only hang on your wall. Remember you are shooting to be in the 3% catergory.
Make sure you have a market for your idea that is large enough to cover your expenses and yeild you a return on your investment before going forward with a patent. You don't want to spend thousands of dollars for a piece of paper you can only hang on your wall. Remember you are shooting to be in the 3% catergory.
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.
or http://www.looking2license.com
I have gotten 9 products licensed spending less than $100 on each, you can too.
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