Re: How to..

Subject: Re: Re: How to..

Comments:
: : I have had an idea running amuck in my mind for quite sometime now and am beginning to believe the advice my father gave me which is "the only difference between an ordinary person and a genius is when an ordinary person has an idea, they say "oh that's a good idea" and then wait for someone else to invent it. A genius on the other hand will say, "oh that's a good idea, how do I do it" and then follow through". I am unsure of the market for this particular product, and I am unsure exactly how it will work other than I know it WILL work. In order to get a patent on an idea does the idea have to be materialized (meaning, do I have to create one of whatever I am trying to patent?). I am totally unfamiliar with the field that would need to create it and wouldn't be able to create the prototype myself. My next question is is it possible to sell the "idea" itself to a larger company with an exsisting line of products that relate to this idea? Or would it even be monetarily intelligent to do so? (If I sell my idea for 2 million dollars and can make 10 million myself .. it's not so smart to sell the idea I say.) : : Anyway, any guidance would be appreciated. : : Thank You : : Kimberly : Dear Kimberly, : Firstly do not disclose the idea to anyone, without a confidentiality agreement. : Next, there are marketing companies that get patents for you. One in ten thousand make more than they pay. : Even if the idea is great it is usually not easy to do anything with it. One of the best inventions, and patents I have gotten is not making money. The industry leader won $50 or $60 mega bucks for turning out something not as good without infringing our patent. : We start with a Reality Check™ to look at the whole picture to save time money and worry or to get you on the right track without that 1 in 10,000 risk. : M. Arthur Auslander : Auslander & Thomas-Intellectual Property Law Since 1909 : 505 Eighth Avenue, New York, NY 10018 : 212-594-6900, fax 212-244-0028, aus@auslander.com : ELAINE's Workshop™ : E arly L egal A dvice I s N ot E xpensive™

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Do not disclose any details of any patent idea. See a lawyer.
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