Inventions & Patents

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Inventions & Patents
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Recommended Books:  

  • Patent It Yourself – by David Pressman 
  • Inventing and Patenting Sourcebook – by Richard Levy 
  • The Complete Idiot’s Guide To Cashing In on Your Inventions – by Richard Levy​

Web sites:  

What to remember:  

  • Most ripoff invention services use a three-step program to steal money. They offer a free evaluation of the inventor’s product through an 800-number, take $500 or so to fund ‘research,’ and later request another $5,000 to $6,000 for more extensive ‘market research.’ 
  • One such company was forced to disclose that less than one percent of the ideas people submit ever make it to market. 
  • Turn to the local bookstore or library for legitimate advice on how to bring inventions to market. 
  • It’s important to create a working prototype of your idea, because companies won’t buy ideas from sketches. 
  • Your best bet is to find an invention broker to propose your idea to a company. 
  • Non-profit inventors clubs, which can be found in many cities, also are excellent for sharing ideas and providing encouragement.
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Clark Howard About the author:
Clark Howard is a consumer expert whose goal is to help you keep more of the money you make. His national radio show and website show you ways to put more money in your pocket, with advice you can trust.
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