A patent is basically market an invention idea to the government to request a monopoly of the particular invention. It is used to exclude any other parties from selling, making, offering for sale, or usage of your invention without your permission. In case you are serious in protecting the intellectual property of your invention, you will require the help of a patent attorney before submitting your application. When you can directly file the application to the Patent Office, you will come across trouble unless you fully understand the complex laws and regulations about this sort of intellectual property. To create an acceptable patent document, you want a reliable attorney. Here are a few steps to choose a great patent attorney:
Look for a patent attorney who is also an engineer – The attorney’s legal skills aid you in determining the correct regulation, as the engineering skills help comprehending the circumstances well and effectively drawing up an application in the language of patenting. Choose an attorney with the engineering background linked to your field of invention. Generally, there are four kinds of engineering: mechanical, chemical, electrical and computer science.
If you’re an inventor (or use a new idea) – you’ve seen TV commercials and internet ads for “invention developers.” They want to send a free of charge “inventor’s kit” to you personally and present a free invention review. In a week, you’ll receive promotional materials with types of success and a Confidentiality Form. Soon, they’ll contact you to explain the urgency of sending within your idea to get a free evaluation. You’ll think, “Why not? It’s free – what exactly do We have to get rid of?” You’ll feel excited that your idea could be accepted with this company, and it also could turn into a marketable product. With high hopes, you’ll complete the form and mail it back.
Next, a salesman (consultant) will contact one to break the good thing: your idea has become accepted by their firm. The salesperson will say: 1) your idea has great potential, 2) the study dept. is excited about it, 3) they’ve never seen anything like it, 4) there’s nothing similar on the market, and 5) you can make lots of money!
Soon, you’ll receive a agreement for $500 – $1500 for “a research report.” These reports are filled with standard language (boilerplate) that describe the various stages for developing any invention. You’ll also get a “patent search” that is completely unreliable and performed by non-professionals. These so-called patent searches are quickly gathered from a free, incomplete Patent Office website that’s accessible to everyone. Meanwhile, the patent lawyer who rubber-stamped your patent search, never even looked at it.
This incomplete patent search is not going to include patents with any similar features. They’ve purposely been left out. In this way, you’ll stay excited about your idea and then pay big fees to the inventhelp caveman. The simple truth is: your idea could already be patented, but you’ll never realise it. So, this is the heart from the plan: a deceptive patent search gives you false hope. You’ll believe your idea is patentable and marketable. However, nothing may be further from the truth. That’s because existing patents (deleted out of your patent search) will keep you from patenting and marketing your idea. Important: an inadequate, misleading patent search crosses the fishing line into defrauding you.
Now, the salesperson will say, “don’t worry about other patents – our team has brilliant engineers, and they’ll design around similar patents.” Don’t believe anything – it’s all area of the plan. The simple truth is: these invention companies have zero engineers, no experts on anything, no legitimate patent lawyers with no real royalty payments.
Next, your consultant calls you to review the report. He informs you that the company is excited about your idea and it’s time for the next step. Soon, you’ll obtain a contract requesting $5,000 – $20,000. Although it’s a lot of money, you’re all hyped up, and your consultant says that “time is of the essence.”
Now, you’re thinking “wow – my idea will be a positive results.” Your consultant might say, “it may be on the market by Christmas, as well as the royalties will likely be phenomenal!” You start seeing dollar signs – big money is arriving the right path. Your share of “future royalties” is a huge portion of profits (70% – 90%) – a once in a lifetime opportunity – right? Wrong – any mention of royalties is “the bait” they’re using to reel you in.
They already know that “dangling the carrot” of royalties will keep you motivated to pay for them $5,000 – $20,000. Psychologically, they’re playing on the vulnerabilities: 1) you can’t let go of your dream, 2) you don’t desire to fail, and 3) you’ve gone this far and can’t stand the very thought of another person marketing your idea and making big $$$!
You’ll be very inclined to pay this huge sum for the company’s services, but PLEASE don’t waste your hard-earned money. Here’s the truth of the matter: their bogus method of promoting inventions is actually a total con-job. They couldn’t care less about future royalties because their real rate of success is zero.
When you send in your payment of $5,000 – $20,000 – they pocket those funds and also the plan is finished. The invention developer makes each of their money from racking-in inventors’ fees – not from marketing inventions. So, how zjahtr they pull off it? Easy – their contracts contain all of the required warnings and disclosures. Legally, they’re on solid ground. They comply with all federal statutes and State laws to safeguard themselves. Believe me – they know this video game “inside out – upside down.” In other words, they’re highly skilled at ripping you off legally.
Those “successful” inventions were bought through the invention idea. They hired a “contract manufacturer” to: 1) establish credibility, 2) overcome skepticism, and 3) impress people. Everyone can hire this kind of manufacturer to help make their product. So, the simple truth is: their successes are false, the testimonials aren’t real, and the glowing “business bureau reports” are bought and bought.