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We have written all these topics to help you further understand the Invention Process and what you can do to reduce mistake and keep costs low.

May 24, 2015

Why patent an idea?

The most obvious answer to this question is, of course, to protect your idea. Based on the nature of your idea, there may be people ready and willing to patent your idea if you have not already done so. The application for a patent gives the owner of the idea the best opportunity to profit from the idea while, simultaneously, preventing others from copying it for their own benefit. However, although a patent prevents others from copying your idea, you do not have to have patent an idea to be able to exploit it. It has often been said that […]
June 8, 2012

Six mistakes inventors make

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 3, 2012

Where can you find angel investors?

Finding an Angel Investor is not an easy task, but if you do find an angel investor it will definitely pay off. Typically an Angel investor will want to be involved in the business they invest in so they will be looking to invest in businesses closer to home most of the time. Angel Investors don’t just hang around the streets to be found, generally you need to be referred to an Angel Investor. Immersing yourself in your local business and social community will help get your name and ideas out there and give you more of a chance of coming across any Angel […]