Invention Cons, Scams and Problems
Have an invention idea and want some help finding a partner to help make your invention a success? Thinking about using an Invention Promotion Firm or Invention Marketing Firm or Patenting Service Firm to help you?
If you are looking to find and honest company to help you with your invention? We don't have a suitable list of recommended companies to provide to you. You must do your own research in the industry that best suits your invention.idea.
You should be cautious in using any company that provides a one-stop range of services. Please do your research before working with one. Be ready to ask a lot of questions and make sure that the company you are working with has a great reputation and a proven track record of success. You can easily spend tens of thousands of dollars on companies that will work to get your invention to market that are more interested in earning fees from you than from actually making your product a success.
Successful inventing is an a-la-carte process where the inventors is intimately involved throughout the process and works to put together the various resources, tools and services to bring to life a successful invention. If someone promises to do it all for you for a fee of several thousand dollars, warning bells should go off.
There are also many companies and law firms happy to provide you with their services in patenting your invention idea. While most provide a valuable service, too often, an inventor is wasting his money by patenting their idea. If the inventor does not have a solid plan on how they are going to turn their invention into a product and take it to market or find someone who will pay them a license fee to obtain rights to make and sell their invention, hundreds of hurs and thousands of dollars can be wasted patenting an invention that will never earn the inventor any money in return.
Listed below are links to articles and websites that can help you avoid wasting your money and your time. Make sure you review them and take care to avoid the people and companies that are more interested in taking your money than in seeing your invention idea succeed:
InventorSpot.com Helpful Advice:
- How Invention Submission Companies Stay In Business If They Are Not Really In The Business of Getting Your Products to Market
Places to Help You Do Your Research
To check if a company has been investigated and/or fined by the Federal Trade Commission (FTC), enter the word "invention" in the FTC's web site search engine. There, you can see a list of FTC news releases about invention scam companies.