If you believe your idea can really make a big difference in the lives of people, then patent it to promote and sell.
With your revolutionary invention idea, you can really bring about a socioeconomic change.
However the point is how to sell it? Well, the answer is as simple as you ask. You can do so either by manufacturing it on your own, or by licensing and selling it to the investors, companies and businesses that may let you have a share of the total income earned through the sale of the idea-turned-product.
If you are interested in the latter option, read on the article and follow the process as under:
How to sell your idea?
- One of the first things to do is to simply pen down your original idea, and give complete descriptions about who it will help and who will benefit from it.
- When you have noted down your idea at a safe place, it is time to get it reviewed by an experienced professional. On the basis of their reviews, you can further improve and enhance your idea.
- Ensure who will benefit from your idea whether it is a local, state or national population. Is it beneficial for adults, children or both?
- Contact the companies that may show interest in your ideas. Will the idea help people immediately, or it will help in future.
- Perform a research if your idea is new, novel, unique, original and non-obvious. Also don’t forget ensuring that your idea is neither copied nor stolen from anywhere.
- Finally yet most importantly, patent your idea as you are rest assured that your idea is new, novel, unique, original and non-obvious. Contact United States Patent and Trademark Office (USPTO) or, you can consult a patent attorney for filing patent application. Do not forget submitting all necessary papers to avoid rejection.
Thus, following the above directions, you can easily patent your invention idea and sell it to the target companies, investors and consumers.
The only thing you need to keep in mind while presenting your invention idea to the potential companies and people is not to disclose all details as a lot of product poachers and idea poachers are always on the lookout to benefit from others’ efforts.