Here are suggestions that inventors need to make or understand when it comes to inventing if they want to succeed.
1. Understand that inventing is a job. Treat him as one.
2. Actually research your idea before sending it to the company. Don’t tell them “There’s nothing like this!” When you spend 2 minutes online, they find a few items that are just like yours.
3. Understand that each company has a different method and time frame for reviewing submissions. Don’t send a proposal on Monday by snail mail and call them on Tuesday at 8:30 a.m. wanting to know when they’ll send you the contract. It is a simple task to ask the company to which you are submitting the material for review “What is your usual turn to review submissions?”
4. Don’t marry your product and completely oppose the changes to make it marketable.
5. Put your contact information on every item you send them. Don’t make them guess who sent them.
6. Do not send prototypes unsolicited. Let them know that a prototype is available upon request. You can’t expect a company to pay for shipping for every prototype it gets unsolicited.
7. Understand that not every idea is a million dollar idea. Yes, there are million dollar ideas, but they are not most ideas. Be realistic in your expectations
8. Understand that not everyone who rejects your idea is stupid.
9. Do not send explanations for your product on 20 pages. Be clear and unambiguous on your sales list. If it takes more than two pages to explain your idea, you have a problem.
10. Know to whom you are sending your submission in the company. Don’t assume they’ll figure it out for you if you just send it to the company for care.
11. You have no idea / plan who to contact about product licensing before you spend money on a temporary patent. A large number of inventors pay temporarily, knowing that there is no money for a full patent and that they have not conducted any research on who might be interested in licensing it. They spend six months of one year looking for contacts with the company, which means they only have 6 months to try to gain any interest before their time runs out. They had no intention of paying for the patent and are now forced to give up or pay for the patent. If you work well, you have all 12 months to find a company.
12. Be patient and don’t call every other day asking if they have reviewed your product. They can be on vacation, sick or very busy. They don’t just sit and wait for your package.
13. Don’t assume that the person reading your sales list will magically know all the selling points / benefits of your product that you have left out. Example: What if your idea revolves around fishing and they don’t hunt and know nothing about the topic?
14. Keep a concise diary of who you contacted at the company and what you sent them. Numerous inventors send packages and two days later I can’t tell you what they sent or to whom. A person from that company calls and is fooled trying to remember who that person is while talking to her on the phone.
15. When you contact a company, remember that it is the company, not you. Write a letter to the company from a realistic perspective, give them real facts, not the ones you want. Don’t write your letter in a threatening tone or from the point of view that they are crazy if they reject you. Don’t fill your letter with information they really don’t need, such as how you came up with the idea, how long it took you to make your prototype, and so on. They only care if it will earn them. DO NOT USE THE PHRASE “My idea is worth MILLIONS !!!” Let them decide for themselves what is worth.
16. Don’t send prototypes to companies that don’t work and tell them “I’m sure you can fix the bugs from this”.