Tip 5 – Everyone’s going to buy my invention! Blog by IP Marketing Team Most people with an invention want to patent their idea and be paid royalties. Many of these inventors will pursue a licensing agreement. This means a manufacturer or other company will produce the product, make it available for purchase and pay

Tip 4 – Cost-to-Price Ratio & Your Invention Blog By Edward Ayres “It’s very inexpensive to make!” With a majority of companies adhering to the manufacturing principle of cheaper is better that’s a great starting point. However, it’s only half the equation. Another very important question is, how much will consumers pay for your product?

Tip 3 – Should you proceed with your invention? Blog By Inventor Process Team Should I proceed with my idea? That is the million dollar question for most inventors. Unfortunately, there’s no magic formula, there’s no “X squared plus Y” equals success and of course there’s no crystal ball. However, there are several criteria to keep in

Tip 2 – You have the Idea! Now What? By: Edward Ayres You’ve got an idea, but what should be your first step? The quick answer is, write it down. However, what information should you include? What’s important? Do you need to take a class in legalese to get started? Keep reading and I’ll answer

Tip #1 – Keep it Simple Blog by: Edward Ayres – President of IP, Inc. Simplicity is the key to invention success! We’re all familiar with the KISS principle, and for independent inventors it pertains to the design of their product, to the field of the invention, and even its market potential. When it comes

Tips for Successful Inventing Blog by Kristen Ayres Resource: The IP Team Have you ever wondered what it takes to get a new invention to store shelves? How not only to come up with an idea, but to actually make money from it? How did inventors with products at Wal-Mart, on infomercials and in malls

Have you Googled it??? Most people think of at least one idea in their life. Some people keep the idea in their head, some just write the idea down in a journal while others move forward toward invention success with a strategy. One of the first thoughts inventors have; “How do I know if my

Update on the Improved Patent Classification System Blog by Kristen Ayres Resource: USPTO – Commissioner for Patents Peggy Focarino In January 2013 the USPTO implemented the Cooperative Patent Classification (CPC) system. CPC is a joint patent classification system between the USPTO and the European Patent Office that enables patent examiners and patent system users worldwide

How does an Inventor get started? Blog by Kristen Ayres – Vice President of Inventor Process, Inc.  Through the years we have heard the same question from most inventors; How do I get started with my idea? Many inventors are hoping there is a simple way to go from “Idea” to “Millionaire.” However, there is