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Invention

 

 

An invention is like a baby.  Conception is fun.  Birth is hard and painful.  And parents always think their baby is beautiful.

But an invention is not a baby.  It's a high risk investment.

Successful inventors minimize risk and maximize the chances of success by doing their homework.

Don't pay someone else to do your homework for you.  Beware of "FREE" Inventors kits.

"Free" Inventors kits are come-ons to get inventors to sign up for expensive invention submission services.  There would be nothing wrong with this except for the fact that the services are a total waste of money 99.9% of the time .  A typical invention development package will cost an inventor between $10,000 and $20,000.  The inventor will receive a lot of paper and maybe even a (weak) patent.  What the inventor will not receive is an honest assessment of the invention's chance for commercial success.

The hard truth is that most inventions are not worth developing - even if the ideas are sound.  Invention submission companies need to encourage you to develop your invention because that is how they make their money - even if an idea has no merit.  

You will have many great ideas during your inventing career.  The key to success is spending time and money on the ideas that will return a profit.

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