What to do FIRST With Your Invention Idea

Want to know what to do next with your invention idea? This video explains what separates successful and un-successful businesses when developing an invention idea and the steps that successful inventors take to make sure they do not waste money and give their invention idea the best chance of success. The first thing to do next with your invention idea after conception is to determine whether the great idea will actually make product or business. This includes doing market research into similar products and determining what the market landscape is, identifying who the target customer is for your product, engaging with these potential customers and determining what these customers actually need. The next step is determining how to build a prototype or MVP and then taking the steps to do this, which may be easy for simple product or may be time-consuming or expensive for more complex products. Once you have done market research and have a product that is ready to go to market or before approach inventors, then you are ready to file your first patent application before any public disclosures, public uses, offers for sale or pitching to investors. #patent #patents #patentstrategy #patentlaw #intellectualpropertylaw #inventortutorial #inventions #startup #startups #startupcompany #startupbusiness #startupadvice #startupguide #startuptips #startuptalks

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***** DISCLAIMER: Information in this video is not legal advice and should not be relied on as such. The law can change and the information in this video may be outdated, so you should always consult an attorney regarding your specific issues in view of the current state of the law. ******

[PatentsDemystified]

The playlist and my channel include the following videos and MANY more:

[SeansLipSyncingSock]

I’ll be referring your videos a lot now that I have a tested prototype (and another two to go) that I’m confident in taking to the next step. Thank you for sharing your knowledge.

[HowToHomeLife]

I've been an inventor, designer, manufacturer, and marketer of hundreds of professional technical tools for more than 50-years and have never applied for a patent on a single one! In the 80's I read an article from a fellow inventor stating the following: patents provide zero protection, they provide only one thing, the precedent to sue an infringer in a court of law. If you do not have the sizeable money to pay an attorney to bring this lawsuit to court, attorneys will rarely if ever, take a patent infringement case on contingency, unless it provides multiple millions of dollars for the attorney. In addition, if you do not bring suit against every infringer on your patent, you will lose the ability to bring suit after only one year! This is why I've never applied for a patent, I simply marketed my products with a money back guarantee of utility, and at a reasonable price for the marketplace. David Riddle

[ryknology]

Thank you very much for taking the time to make this video. You broke everything down step by step and give me the general information I was looking for. I feel confident now if I take these steps I will be able to get my out there. Thanka again

[curtisfarrington]

Thank you Dylan for all the awesome information and experience you shared.

[TK.]

Very informative video!
They probably don't take that first step out of fear someone will steal their idea.

[meetalg]

Your way of explaining, speaking and sharing is comprehensive yet succinct, pleasant yet professional impactful yet pleasant. Look forward to viewing the rest of your videos, thank you so much for your time 🙏

[Katrin-Green]

What's your opinion about enhancing an already existing product. Like using another material that has more benefits. Do you call it an invention?

[monkeybunny]

I did the research. No one like my product. You'll see me on the news in a few years, peace.

[bilaliqbal]

Hey can you possibly post an example of a patent document you previously wrote. I would love to see an example to get an idea on how this all works and the structure

[kevinhamill]

Wow, great video Dylan! It wasn't clear to me when I should do the PPA. You clarified that very well. Thanks so much!!

[rubychar]

Hello, Thank you for the info, I have an product I made but I don, t have the money to pattern it. what is the step by step advice you can give me please before I can start selling it. please help. Thank you

[fxsjvfq]

Hello.. I had a very good idea for a patent, did a working version of a prototype, and contacted a local non-profit agency law school, with patent attorneys to assist people who can't afford a patent attorney. Did a Zoom call with the attorney in charge, and a law student, (they both signed NDA's). While it should only take a month to decide if I will be accepted or not in the program, (after they do patent searches), I haven't heard back from him after 3 months, and he doesn't respond to my emails. Can I file a provisional patent myself? I'm not sure if he can be trusted at this point.

[shadowofaghost-btew]

I have an idea but i dont know how to make a prototype, its unique and I dont know where or how to hire someone to make it a reality

[CMCyprian]

Thanks for this. How do you do step 1 while protecting the idea/invention? Do you require NDA’s for everyone you speak with during the market analysis?

[matthew-kdru]

so ive got an idea ive researched it no one is offering it got my sketch how do I turn my sketch into a real prototype that doesn't get stolen by big business.

[heavykutz]

Thank you for the information 🙏🏻 i currently have an idea I don’t see it anywhere in the small market it’s in.. I don’t have all the funds but would it be smart to get a provisional patent on a design patent? Just so I can take a little more time to pay it all off?

[JanaDiebel]

Im stuck with a company that is just holding on to my invention. I don't have anymore money to put into it.
I do have a patent. Could use some advise

[selfsufficientmama]

I’ve researched, my invention has not been created by anyone else yet. My target market is for anyone that washes themselves especially kids. It solves a problem. And the cost will not be a lot. I guess I can make a resin prototype of it. Not sure what to do next.

[frankrobertson]

Thank you ...very clear, and concise...learned more in ten minutes than last ten months..so do o understand a well written abstract will allow me to file for provisional patent without physical prototype or cad drawings. ?