What do you do when you have an invention?

How to Turn Your Invention Idea Into a Product

Step 1: Document and Record Your Invention Ideas.
Step 2: Make Sure Your Invention is Not Already Patented.
Step 3: Do Some Research to Make Sure Your Idea Has a Market.
Step 4: Make a Prototype (i.e., prove your idea can work in real life)
Step 5: File a Patent.

How do you start an invention process?

The invention process can vary from invention to invention, but the typical invention process involves the following steps: (1) documentation, (2) confidentiality, (3) patent search, (4) patent application and (5) selling or licensing.

How do I sell my invention?

You can sell your invention idea, or you can outright sell the invention itself for one large lump sum as compensation for your idea. The second option is to enter a licensing agreement. You would collect royalties each time your product is sold.

What makes an invention successful?

Often, inventions are developed from existing products, or they involve a new way of looking at a process to make it more efficient. What makes great inventions successful is the ability to get them to market and to build a customer base, and this is the difference between ideas and business.

Can I sell my idea without a patent?

Yes, you can sell an idea to a company without a patent. However, the company needs to enter into a contract such as a nondisclosure agreement (NDA). As such, you may need to get at least a patent application on file to pitch your idea.

Can you get rich inventing something?

You can also get more money if your invention turns out to be popular. However, you get less money at first in exchange for that leverage. For instance, a first-time inventor can expect a royalty rate of around 3 percent, and an experienced inventor may see up to 25 percent of the gross profit.

How do you register an invention?

File a patent on your invention. Return to the homepage of the USPTO Web site. Click “Patents” on the navigation menu. A new submenu will appear with options that relate to patents. Click the option that says “File Online in EFS-Web”. Fill out the form to register your invention online.

How “useful” must my invention be to get a patent?

For an invention to be patentable, it does not need to be the most efficient, effective, or perfected form of a particular use (whether it is a medication, a piece of software code, or a machine). It merely needs to work as described. Some patent scholars have described this threshold has having a minimal level of social benefit.

How can I get my invention started?

How do I get my invention started? Look For Design Inspirations. You can get inspiration from the real world for your designs. Create sketches of your invention ideas. The first step in getting your invention idea started is to do a few simple sketches. Begin modeling in 3D CAD software. Make a photorealistic rendering. Keep going and have fun. …

How to get started with your first invention?

1.Identify its limitations and gives you a chance to re-think some aspects of your initial design and make necessary…
2.Enhance your final design

File a patent on your invention. Return to the homepage of the USPTO Web site. Click “Patents” on the navigation menu. A new submenu will appear with options that relate to patents. Click the option that says “File Online in EFS-Web”. Fill out the form to register your invention online.

For an invention to be patentable, it does not need to be the most efficient, effective, or perfected form of a particular use (whether it is a medication, a piece of software code, or a machine). It merely needs to work as described. Some patent scholars have described this threshold has having a minimal level of social benefit.

How do I get my invention started? Look For Design Inspirations. You can get inspiration from the real world for your designs. Create sketches of your invention ideas. The first step in getting your invention idea started is to do a few simple sketches. Begin modeling in 3D CAD software. Make a photorealistic rendering. Keep going and have fun.