Intellectual Property Forums (http://www.intelproplaw.com/Forum/Forum.cgi)

(Message started by: ProfessorFudger on Nov 7th, 2007, 8:26am)

Title: New Idea - Where to start ????????
Post by ProfessorFudger on Nov 7th, 2007, 8:26am
Hi, how many have come up with an idea, then dismissed it, I know I have before, this time I am not, I am going to go the whol hog, register with dozens of forums, enquire to numerous companies with the knowhow of what to do and how to go about getting an idea, one I am not selling, but want to make a dream a reality, as I a dream gave me this idea. I have checked 100's of top companies, including Amazon. Ebay, Mothercare etc and cannot find this being sold ANYWHERE, the idea is simple, but will HELP mothers, will ensure children WANT to bath, and is not anywhere to be seen on the Internet. I work in a rubbish job and can't afford a lot, so what what be my best bet to get my idea turned into a reality.

Title: Re: New Idea - Where to start ????????
Post by MattB on Nov 7th, 2007, 11:39am
I would say, file for a non-provisional application.  Try not to spend too much on attorney fees, make sure it is broad enough and explicit enough to cover your idea.

Once you are patent pending, start raising money, as you have one year to file a PCT and 30 months before the $$ must be spent to file in foreign countries.  Make your prototype(s), contact Chinese manufacturer (or other cheap venue) and mass produce.  Begin selling your product.  Make a well crafted patent notice letter to any new competitor who may infringe on your patent(s) and send them out as needed.

Once you've sold your first 100000 or so units you can quit your day job and/or hire your new staff.

Congrats and Good Luck!

Title: Re: New Idea - Where to start ????????
Post by Wiscagent on Nov 7th, 2007, 2:41pm
I suggest that you start on a business plan.  There a plenty of books and articles that explain what is a business plan and how to write one.

Essentially a business plan is way to organize your thoughts on how you would convert your idea into a money making proposition.  You need to consider questions such as, what will you sell, to whom will you sell it, how will you manufacture it, how will you distribute it, how much capital do you need to get started, how long will it be before you have a positive cash flow, what staffing is required, and so forth.  It is likely that you will need professional advice, accounting, law, engineering, real estate, finance, etc.

Somewhere in that business plan should be a consideration of what intellectual property protection is desirable.  You may determine that a patent is desirable.  At that point you should probably contact a patent attorney or patent agent.

Title: Re: New Idea - Where to start ????????
Post by ProfessorFudger on Nov 8th, 2007, 2:31am
Hi thanks for the information, however I don't have money, Im not well off, I work full tim, I cant get credit, who really is going to help on this, I will make this happen though, I am now on a bout 10 different business forums, and already getting some sound advice! Your right about a business plan though, I am lookin ginto that as we speak. I do assure you though this is NOT sold anywhere, and already having spoken to mothers they have all seemed to think it is a great idea, some saying they would buy it if available, but again nothing close to it exists, and the daft thing is I came to the idea from a dream. Can this dream turn into reality??? Time and patience will tell!

Title: Re: New Idea - Where to start ????????
Post by d vagedes on Nov 8th, 2007, 6:36am
Professor, I am looking for specific ideas to license and would like to learn more if that is a consideration for you.  A Non-Disclosure/Non-Compete is a good first step.  Please send me an email if you would like to discuss.

Thanks,  Doug

Title: Re: New Idea - Where to start ????????
Post by DJoshEsq on Nov 9th, 2007, 10:43am

on 11/07/07 at 11:39:49, MattB wrote:
I would say, file for a non-provisional application. Try not to spend too much on attorney fees, make sure it is broad enough and explicit enough to cover your idea.

Once you are patent pending, start raising money, as you have one year to file a PCT and 30 months before the $$ must be spent to file in foreign countries. Make your prototype(s), contact Chinese manufacturer (or other cheap venue) and mass produce. Begin selling your product. Make a well crafted patent notice letter to any new competitor who may infringe on your patent(s) and send them out as needed.

Once you've sold your first 100000 or so units you can quit your day job and/or hire your new staff.

Congrats and Good Luck!


Draft and file a provisional patent application.  Filing fee is only $110.  Make sure the dsiclosure does not contain any limiting language and describes every aspect of your invention and modifications that you can evision.  A provisional patent application will give you even more time to get things going.

Title: Re: New Idea - Where to start ????????
Post by JSonnabend on Nov 9th, 2007, 10:50am

on 11/09/07 at 10:43:22, DJoshEsq wrote:
Make sure the dsiclosure does not contain any limiting language and describes every aspect of your invention and modifications that you can evision.

I've got to say, that line made me chuckle.  "Draft a provisional application, but make sure you do it right (even though you have no idea what you're doing)."  Great, easier said than done by a layperson, wouldn't you say?

- Jeff

Title: Re: New Idea - Where to start ????????
Post by Wiscagent on Nov 9th, 2007, 4:09pm
I agree Jeff.  I generally have a problem with the knee-jerk reaction to "I have a great idea!" being "File a patent application!"

The inventor should first have some idea what their business approach might be, whether or not their idea is patentable subject matter, and what benefits a patent application could potentially offer.  There are plenty of "great ideas" for which a patent has no role - think Pet Rock.  

I might have a great idea to open a pawn shop down the street from a mortgage loan business, but filing a patent application will not help me get my business up and running.

Title: Re: New Idea - Where to start ????????
Post by ProfessorFudger on Nov 12th, 2007, 9:08am
Things are certainly looking positive here, I contacted business link, who put me in contact with the East Riding Business Centre run by the local council, and I am going to sit down with a Business Advisor in Friday to discuss, also I have a potential investor as well, who says if an engineer thinks the idea is viable and the business plan is sound then he may also by very interested. So in one week things are progressing step by step, but hopefully the right way forward!



Powered by YaBB 1 Gold - SP 1.3.2!
Forum software copyright 2000-2004 Yet another Bulletin Board