I just thought of an electronic device that everyone would want, but it doesn't exist. I am not an electronics wizard, so I have no chance of making a prototype. What do I do to patent it and make a million bucks?
Inventions
- Thread starter hoyaguru
- Start date
Patent it Yourself from Nolo Press is an amazing book. Definitely pick that up (even if you decide to use a patent attorney, it's pretty useful)
Hooobi
Golden Member
- Jan 26, 2001
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Patent it Yourself is a good book, and worth a read even if you plan to use a patent attorney (which you should consider doing).
I'm a patent attorney myself and when I worked at a firm we usually charged around $6-12k to file a patent application (depending on a number of factors). There's no guarantee a patent will ever issue from any application, and the cost to issuance can vary greatly. At the same time, $20k is probably way up on the upper end of the spectrum.
PM me if you need some guidance.
I'm a patent attorney myself and when I worked at a firm we usually charged around $6-12k to file a patent application (depending on a number of factors). There's no guarantee a patent will ever issue from any application, and the cost to issuance can vary greatly. At the same time, $20k is probably way up on the upper end of the spectrum.
PM me if you need some guidance.
Well, is there any way to do it for free? Or sign away part of the profits to get it done? I don't have 20 grand!
It won't cost you $20k. I've seen figures as low as $1k thrown around.
Good luck, and post about it when you're done. I want to know if I should put you on my "scum of the earth" list or not.
Good luck, and post about it when you're done. I want to know if I should put you on my "scum of the earth" list or not.
Patent Crash Course:
If you want any sort of protection you will have to pay for it. It will be worth it in the end.
Remember, if you even offer to sell it before it is patent pending, it becomes public domain, forever, it can never be patented by anyone.
Get a Non Disclosure Agreement from a lawyer. If you dont, and you talk to me about it, then I patent it remember, 1 day ahead = you lose, you have no protection. I win!
Dont go with those hotline inventor places. They screw you over big time and most likely not even real legit.
The patent process takes a min of 18 months. You can start manufacturing and marketing with a patent pending, which is when your attorney files with the patent office. You will not find out if you actually have a patent or if someone else turned one in ahead of you for 18 months, unless the examiner finds that yours is a copy of someone elses, then you can go to DC WITH your lawyer and argue it.
A US patent doesnt mean crap in Japan, China, Russia or anywhere else. If you havent submitted for the patent in Japan and someone else does, your screwed. No international protection. So you pretty much have to file in every country in the world if it is going to be "big."
$20k is a low $ for a patent lawyer,those fellas make $300,000+ easily out of law school. Your looking at $7k just to file, not to mention paying a patent drafter to draw your patent to turn in with your application.
Keep your lawyer as close to you as your balls. Dont ever talk in meetings with potential buyers, investers, builders, etc because words can be interpreted differently than you meant to. Never do anything alone. Always have 2-3 witnesses + your lawyer.
BTW chances are, if you do a google search of some of the keywords relating to the device you will discover it is already patented or in the process.
TALK TO A PATENT ATTORNEY, not some ambulance chaser.
If you want any sort of protection you will have to pay for it. It will be worth it in the end.
Remember, if you even offer to sell it before it is patent pending, it becomes public domain, forever, it can never be patented by anyone.
Get a Non Disclosure Agreement from a lawyer. If you dont, and you talk to me about it, then I patent it remember, 1 day ahead = you lose, you have no protection. I win!
Dont go with those hotline inventor places. They screw you over big time and most likely not even real legit.
The patent process takes a min of 18 months. You can start manufacturing and marketing with a patent pending, which is when your attorney files with the patent office. You will not find out if you actually have a patent or if someone else turned one in ahead of you for 18 months, unless the examiner finds that yours is a copy of someone elses, then you can go to DC WITH your lawyer and argue it.
A US patent doesnt mean crap in Japan, China, Russia or anywhere else. If you havent submitted for the patent in Japan and someone else does, your screwed. No international protection. So you pretty much have to file in every country in the world if it is going to be "big."
$20k is a low $ for a patent lawyer,those fellas make $300,000+ easily out of law school. Your looking at $7k just to file, not to mention paying a patent drafter to draw your patent to turn in with your application.
Keep your lawyer as close to you as your balls. Dont ever talk in meetings with potential buyers, investers, builders, etc because words can be interpreted differently than you meant to. Never do anything alone. Always have 2-3 witnesses + your lawyer.
BTW chances are, if you do a google search of some of the keywords relating to the device you will discover it is already patented or in the process.
TALK TO A PATENT ATTORNEY, not some ambulance chaser.
Motorola pays employees $1500 for each patent APPLICATION, and then another $750 if the patent is approved.
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