How much does a PATENT COST?
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Hi, this is Stephen Key and Andrew Krauss. We are here to help you make money from your ideas. We started our company inventRight over two decades ago to teach people how to license (aka rent) their ideas to companies in exchange for royalties.
This process is called “product licensing.”
On our channel, we show you exactly how you to take an idea and license it to companies in exchange for passive income.
Today, you do not have to start a business to make money from an idea.
With product licensing, you don’t have to write a business plan, raise money, manufacture, market, sell, or distribute any longer.
Visit our website inventRight.com for more information.
If you have a product idea and need some help, please contact us at:
Phone: +1 (650) 793-1477
Toll Free: +1 (800) 701-7993
Email: support@inventright.com
Email us:
stephen@inventright.com
andrew@inventright.com
Learn how to start a business, how to become an entrepreneur, how to protect intellectual property, how to patent an invention, how to stop people from stealing your ideas, how to prototype an idea, how to contact companies looking for ideas, how to design a product, how to make a sell sheet, how to make a promo video, how to negotiate a licensing agreement, how to get a higher royalty rate, how to do market research, and how to work with inventRight.
Stephen Key and Andrew Krauss are the cofounders of inventRight, a coaching program for entrepreneurs that has helped people from more than 65 countries license their ideas for new products. They are also the cofounders of Inventors Groups of America, an organization that hosts a free, popular monthly educational meeting for inventors online. They have more than 20 years of experience guiding people to become successful entrepreneurs.
New videos every week, including interviews with successful entrepreneurs. Learn from the best! Pitch us your story to be featured on inventRightTV: youtube@inventright.com.
Get your own inventing coach by contacting inventRight at #1-800-701-7993 or by visiting www.inventright.com/contact.
inventRight, LLC. is not a law firm and does not provide legal, patent, trademark, or copyright advice. Please exercise caution when evaluating any information, including but not limited to business opportunities; links to news stories; links to services, products, or other websites. No endorsements are issued by inventRight, LLC., expressed or implied. Depiction of any trademarks/logos does not represent endorsement of inventRight, LLC, its services, or products by the trademark owner. All trademarks are registered trademarks of their respective companies.
Reference on this video to any specific commercial products, process, service, manufacturer, company, or trademark does not constitute its endorsement or recommendation by inventRight, LLC or its hosts. This video may contain links to external websites that are not provided or maintained by or in any way affiliated with inventRight, LLC. Please note that the inventRight LLC. does not guarantee the accuracy, relevance, timeliness, or completeness of any information on these external websites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Пікірлер: 42
I have an idea for an invention that will sell out fast. You know the O Cedar mop and bucket with the spinner you step on to wring out the mop? We need a manual washing machine that works like that. If there is a cyber attack or major black out, how will we wash our clothes? And think of all the tiny homes that want to live off grid? I know this idea is a winner. We really only need the strainer/spinner device to fit over a bath tub and the bath tub can be the basin for the washing machine. You run the water, add detergent, soak the clothes than agitate the clothes with the spinner. There should be a way to raise or lower the spinner whether you need an agitator or strain to shake off the water. The, you can either run the shower over the clothes to rinse them or a water hose but then they will need to be spun again to throw off the excess water untill all the detergent and dirt have been rinsed out. I bet this will get your clothes leaner than an electric machine
@inventRight
5 ай бұрын
Sounds great. Keep watching and work on licensing it. - Andrew Krauss, inventRight Co-Founder ( Call, email, book an appointment or request more info about how we can help by visiting us here. inventright.com/contact/ )
Hello, could you tell me how do i check if there is an existing provisional patton or non provisional patton for an idea for a product that i have. thank you so much..
@inventRight
7 ай бұрын
You need to do a prior art search.
This is really helpful, thank you. You've spoken previously about having companies pay for your patent application once they're licensing your product. Is that something you'd agree upon as a term in the contract or is that something you would negotiate as a mutually beneficial thing afterward?
@inventRight
Жыл бұрын
Hello Jacob. Thank you for asking this question negotiating the cost of the patent is done during negotiations. This is a big ask so you don’t do it at the very beginning,there is a process, a sequence to get this done. All of my 20 patents we’re negotiated in the licensing agreement. I didn’t pay for any of them. This is a special skill. I would never do this alone if you haven’t done it before many times. Please subscribe if you haven’t already. Thank you. -Stephen
@jacob79001
Жыл бұрын
@@inventRight Thank you Stephen, that sounds like great advice. I certainly have and have been steadily digesting all the info you kindly share! Really glad I found your channel and really appreciate your encouraging attitude!
@inventRight
Жыл бұрын
Seeing my product on the store shelves has empowered me. It’s what motivates me each and every day. It’s the most amazing feeling. I want everyone to feel this.
A patent costs too much unless someone else pays for it.
@inventRight
Жыл бұрын
I would have to agree. Thanks Jim!
Right on ! Thank you !
@inventRight
Жыл бұрын
You're welcome!Thank you!
great!
You are the man this info was nice and clear.
great video, thank you !
@inventRight
6 ай бұрын
Thank you for watching!
Thanks
@inventRight
Жыл бұрын
Thanks for watching!
Great summary thank you Stephen! How long does it take to get PPA approved, once submitted, so you can go to market?
@inventRight
Жыл бұрын
Doesn’t take long. You can either mail it in or electronically Send it. 2 to 3 weeks max.
Hi Steven, do you have a video that goes through making a patent form, diagrams, text etc that goes into one? Or a video that shows you going through one as an example? Cheers
@inventRight
Жыл бұрын
No, I don’t. If you want to learn this yourself I highly recommend you purchase our software. It’s $99. It’s called smart IP. It’s priceless. Does not include the filing fee at the US PTO. -Stephen
@zuutube875
Жыл бұрын
@@inventRight awesome, is it universal, I'm from the UK, as I'm sure you know we don't do the provisional patent
@inventRight
Жыл бұрын
Most people around the world file their intellectual property/provisional patent application in the US. Later they can designate other countries. Please note, I’m not a patent attorney and I’m not giving you legal advice. We have amazing members in the UK. A good friend of mine. I had recently landed a deal with Hasbro. You can see it now selling around the world. If you’re on LinkedIn, you can see my post. We’re going to interview him for our channel soon! Once again, thanks for watching. Please subscribe if you haven’t already. Trying to hit 70,000 subscribers. -Stephen
@zuutube875
Жыл бұрын
@@inventRight bless you, thank you Stephen
@inventRight
Жыл бұрын
No problem.
Who solo patent practitioner that is
Всем привет
Hi, U need attractive thumbnail designer?
@inventRight
Жыл бұрын
Great love to see your work. What is your website?
@sojibrajii
Жыл бұрын
@@inventRight contact info please.. 🙏
@inventRight
Жыл бұрын
Please reach out to support@inventright.com
This is what I got out of this video. Nothing really. With all due respect all you did is repeat yourself gave prices that range from 0 to 25.000 with no how to at all and tried to sell your own product or kit as you called it. This video could have been much better not a waste of people's time already struggling to understand a system that seems to be so discouraging and complex. Over all thank you for trying.
@inventRight
10 ай бұрын
Thank you for watching.
@kelums6719
8 күн бұрын
All I got from the video was screw the patent and just go all in and hope for the best.
Halfway through the video till you mention numbers, and even then it's vague
@inventRight
Жыл бұрын
Thank you for watching!
Stephen, do you think a service like LegalZoom would have been suffice to file a patent, like your drug facts twist bottle?
@inventRight
Жыл бұрын
In my opinion, absolutely not.
@earthwalker____
Жыл бұрын
@inventRightTV thank you so much! i have a fully functional demo somewhat in that realm that the market wants (different industry). i have a big investor who offered a blank check to fund my innovation, but he's a total shark & i want to protect myself the most i can before i have him apart of my LLC. i'm in Los Angeles & i'm very poor, i funded everything myself up to this point with my own two hands.. could you recommend a patent attorney? thank you for your Channel, i just discovered you a few weeks ago & am diving in as much as i can. thank you ✌️
@inventRight
Жыл бұрын
Why do you need a patent attorney? That’s probably the last person you need.