A very important thing to do is start reading! There are numerous books out there that will help the solo inventor establish a road map of idea to creation. I actually picked up a magazine today titled “Hardcore Inventing” by Ellie Crowe.
Obtaining a trustworthy patent attorney is a great idea but make sure your product is feasible before investing in Inventhelp Number. Final patents could cost anywhere from $7 – 10K. Making use of the USPTO site is an easy way to look for prior art that may interfere with your patent. You can write the actual patent application through the help of site LegalZoom having said that i would leave it to some patent attorney to do the specific claims. This is the most important area of the application. I might try to find a patent attorney that charges no more than $250/hour.
Are you aware that QVC presents 1150 products a week and approximately 286 seem to be new to their viewing audience? Which means that if you have a brand new product or invention, they may be looking for you at this time. Could you imagine the number of products they need to see to find 286 that are worthy to get on-air? In the event you take into consideration that only 1 in 11 infomercials is successful and assume exactly the same percentage for a shopping channel like QVC, then they will have to see 3146 products in order to choose 286. This means they may be actively looking for great products and inventions.
Did you know that Best Companies work with an Agent to Get on QVC? Joan Rivers, Donald Trump, Paula Abdul, Tony Robbins, Ron Popeil – every one of them use agents to obtain on QVC. Not because they’re too big, but because they already know that the relationships agents need to QVC buyers are the way to succeed. It is actually estimated that 70% from the jobs people get are located through someone they know, so just why should networking your path into selling on QVC be any different. Why reinvent the wheel? In the event the big guys are employing How To Patent An Idea to open up the entrance on their behalf and secure any purchase order for their products or inventions why shouldn’t you?
QVC is the largest Home Shopping Channel in the World reaching over 165 million viewers worldwide. Using this much possibility of your products or services at risk, you are able to bet your competition to have on QVC is fierce. Nick Romer, bestselling author of “Make Millions Selling On QVC,” states that it’s harder to have on QVC than it is to get in a movie with Al Pacino or Robert DeNiro and knowing someone with all the right connections could drastically speed the right path to marketing to the masses.”
The main reason a lot of companies visit QVC with their products is as it is an important part of their marketing campaigns. They utilize QVC to kick-off their product because they will make money by selling their product, and also the airtime is provided for free. So, selling your products or services on QVC is like using a commercial on national television but without the fee for having to cover it
Obtain an agent that has experience which will help you. Begin by contacting your local chapter of S.C.O.R.E. to find out if anyone there has connections to your QVC Agent or Rep. You can also exhibit at invention caorxr and industry tradeshows. They often attract QVC buyers and agents and you could obtain a list of attendees from your sponsor from the tradeshow to see if any agents from your shopping channels will be in attendance.
Another good resource to discover potential manufacturers online is ThomasNet. If you intend on licensing out your product then you may want to contact local manufacturers that will make products similar to yours. Ensure you utilize a NDA (non-disclosure agreement) on whatever you do. You will get among those for approximately $15 at LegalZoom.
As far as funding… If this is the initial go around chances are Getting A Patent will need to emerge from your wallet. When you can receive an angel investor to really have confidence in your idea then work out a royalties plan with them but ensure you put a cap onto it. A standard site you can search for angel investors on networking site GoBigNetwork, funding groups on LinkedIn, and tech startup site Vator.tv.