The best thing to do is start reading! There are numerous books out there which will help the solo inventor establish a road map of idea to creation. I actually picked up a book today titled “Hardcore Inventing” by Ellie Crowe.
Obtaining a trustworthy patent attorney is a good idea but make certain your products or services is feasible before spending money on New Invention Idea. Final patents could cost from $7 – 10K. Utilizing the USPTO site is a simple way to look for prior art which could interfere with your patent. You can write the particular patent application through the help of site LegalZoom but I would leave it to a patent attorney to accomplish the particular claims. This is the most important area of the application. I might look for a patent attorney that charges a maximum of $250/hour.
Were you aware that QVC presents 1150 products a week and approximately 286 of them are brand new to their viewing audience? Which means that for those who have a new product or invention, they could be searching for you today. Can you imagine the number of products they have to see to discover 286 which can be worthy to get on-air? Should you take into account that only 1 in 11 infomercials is a winner and assume the identical percentage for a shopping channel like QVC, then they will have to see 3146 products to be able to select 286. This implies these are actively searching for great products and inventions.
Were you aware that Best Companies make use of an Agent to have on QVC? Joan Rivers, Donald Trump, Paula Abdul, Tony Robbins, Ron Popeil – them all use agents to have on QVC. Not because they’re too large, but because they know that the relationships agents need to QVC buyers are definitely the way to succeed. It is actually estimated that 70% in 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 utilizing How To Patent to open the entrance for them and secure a purchase order for products or inventions why shouldn’t you?
QVC is the largest Home Shopping Channel on the planet reaching over 165 million viewers worldwide. With this particular much potential for your product or service on the line, it is possible to bet the competition to get on QVC is fierce. Nick Romer, bestselling author of “Make Millions Selling On QVC,” states that it’s harder to have on QVC than to have in a movie with Al Pacino or Robert DeNiro and knowing someone with the right connections could drastically speed your way to marketing for the masses.”
The reason why many companies arrived at QVC making use of their products is since it is an integral part of their marketing campaigns. They normally use QVC to kick-off their product since they can Make money by selling their product, and also the airtime is provided for free. So, selling your products or services on QVC is like having a commercial on national television but without the fee for having to pay for it
Locate an agent which has experience that can help you. Start by contacting your neighborhood chapter of S.C.O.R.E. to see if anyone there has connections to a QVC Agent or Rep. You can even exhibit at invention caorxr and industry tradeshows. They often times attract QVC buyers and agents and you can obtain a summary of attendees from your sponsor from the tradeshow to determine if any agents from your shopping channels will be in attendance.
Also a good resource to locate potential manufacturers online is ThomasNet. If you are considering licensing from the product then you might want to contact local manufacturers that make products similar to yours. Be sure you use a NDA (non-disclosure agreement) on everything you do. You may get one of those for about $15 at LegalZoom.
In terms of funding… If it is your first go around chances are How To Get An Idea Patented must come out of your wallet. If you can get an angel investor to really believe in your idea then figure out a royalties plan together but ensure you put a cap onto it. A common site you can search for angel investors on networking site GoBigNetwork, funding groups on LinkedIn, and tech startup site Vator.tv.