- Invention Development Company
- (07) 5511 8805
Start your invention
We have provided all the information you need to get your idea off the ground as cheaply and efficiently as possible. We offer all the services you need to assist you and you get to choose what you want to do yourself and what professional seervices we can help you with.
June 8, 2012
So, you have asked your friends and family for advice on your idea now its time to come up with a name. Coming up with a name is usually a little hard. Try and think about the product and what the product is doing. Try thinking about short and memorable names that will be easily remembered. Is your name similar to other product names out there? Is there a website domain name available for that name (I will cover this topic in later posts). If you can add the task the product does to the name, then it will more than […]
June 8, 2012
A very important part of setting up a new business is to actually come up with your business name. Believe it or not, choosing a business name can be very difficult. Not only do you need to find a name that is memorable, you also need to find a name that is not already registered by another company. Your business name can have a positive or negative branding so be sure to choose wisely and don’t rush into registering a name you are not 100% happy with. As coming up with a business name can be time consuming, I have come up with some […]
June 8, 2012
The best advice to anyone trying to sell an invention is: Make sure you do all you homework. Is the product already in the market? Should you get a patent? A prototype and a well designed product will make this process that much easier and attract more attention. No one really wants to take on all the hard work themselves to create your product so it is going to be very difficult to be able to sell your idea. The only people who may be interested in buying an invention may be companies who would save a lot of money […]
June 8, 2012
So you think you have an idea, great. But are you one of many that fall into the below six categories of mistakes inventors make. If you are, then be careful, you might get knocked down quickly and this can cost you dearly. Mistake 1 – Expecting unrealistic results Don’t think that you will make a million dollars straight away, its highly unlikely. All new products take time to develop. For example it takes a minimum of 6 months for the design and manufacture processes before you even progress to marketing and sales. If you employ a good team, this […]
June 8, 2012
Ensuring your invention is going to be the best you can possibly make, means you need to take your time and don’t rush. A forced invention is more likely going to be a failure as it most likely won’t consider all aspects of the market. Presumably you have a full time job and a life, so treat your new idea as a hobby to start with. Don’t even consider quitting your job based on your assumption that you will make millions instantly. Your idea might make millions, but it will almost certainly take a minimum of 6 months until you […]
August 10, 2012
A common problem with inventors is that they think everyone will want their product. This is not often true. Inventors are so taken back by their inventions that they fail to look at the bigger picture. Does the invention fit with consumers behaviour? Thinking everyone will buy your product is a big mistake that inventors make. Inventors need to take into account what is currently in the market and how yours fits in not how your product can change the consumers behaviour. Trying to change consumers behaviour is risky and more often than not your product will fail. If your product […]
June 30, 2013
Invention Steps helps Australian Inventors by taking their ideas and turning them into products. Ask us how we can help you with our professional services. So you live in Australia and have no idea what to do with an idea that you have had knocking around for a while. Why not try and investigate how to progress with taking the idea and turning it into a product you can sell. Typically if you have no idea what to do it can be a hard and time consuming process, but after reading this blog you will get more of an understanding […]
December 16, 2013
You might be thinking, how do I make my idea a reality without sharing it with others. At some point you will need to share your ideas with designers, manufacturers, distributors and marketing experts. The most common way of protecting your idea is of course to get a patent. This process can however be costly, and patents can potentially take years to be approved. There are however, other cost effective strategies you can use to protect your idea from being stolen.
December 25, 2014
You might be thinking, “How do I make my idea a reality without sharing it with others?” At some point, you will need to share your ideas with designers, manufacturers, distributors and marketing experts. The most common way of protecting your idea is, of course, to obtain a patent. This process, however, can be costly, not to mention time consuming as they can potentially take years to be approved. There are other cost effective strategies that you can use to protect your idea from being stolen. Agreements There are a few legal tools to help protect your idea. These tools […]
March 3, 2015
I have often been asked, “Should I patent my invention?” Of course! It is always the safest way to protect your invention from people stealing it; yes, unfortunately this happens. Some inventors choose not to patent straight away. This may be considered foolish by experts and patent attorneys, but not everyone can afford to pay for patents on every idea they have. Later topics will touch further on patents and what you need to know and do. At this stage, however, understanding that you don’t need a patent immediately is crucial in staying positive about not having to spend all […]