I have an invention idea what do i do next?

Discussion in 'Starting A Business/ Business Ideas' started by Rayhan, Jul 26, 2016.

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  1. Rayhan

    Rayhan Newbie

    I have an invention idea what do I do next? Over the years I've had so many invention ideas but I've never acted on the ideas or progressed them. This time I'm determined to act on the invention idea that I have and need some direction. I want to know what I need to do next and what the entire invention to product steps are? I don't have a lot of money so I need cost effective ideas to make this a reality. I don't want to spend too much on Patent Lawyers or Patent Attorneys because that has deterred me from pursuing my invention ideas.
    admin likes this.
  2. admin

    admin Administrator Staff Member

    Admin Post
    First step is to check if the invention exists elsewhere. I've had so many invention ideas but when I've done the research I've found it always exists so there was no point pursuing it unless you can make an improvement on it.

    For unique ideas I would try to get a patent pending so that no one can copy the idea. You should also build a prototype of the invention to see how effective it is.

    You then have two options. You can either choose a company to make your invention a reality where you get royalties for sale, or you could try and take the invention to market by producing it and then selling it on to distributors. The latter is more lucrative and the former is less lucrative but saves you time and effort. Check the video out below for more info when you have an invention idea and don't know what to do next!

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