Save more, spend less and avoid rip-offs | Books: - "Patent it Yourself" - by David Pressman
- "Inventing and Patenting Sourcebook" - by Richard Levy
- New!
"The Complete Idiot's Guide to Cashing In on Your Inventins" - by Richard Levy
Web sites:
- Brainhead.com - Info on patenting and invention
- Library of Congress - Info on product patenting
What to remember
- Most ripoff invention services use a three-step program to steal money. They offer a free evaluation of the inventor's product through an 800-number, take $500 or so to fund "research," and later request another $5,000 to $6,000 for more extensive "market research."
- One such company was forced to disclose that less than 1 percent of the ideas people submit ever make it to market.
- Turn to the local bookstore or library for legitimate advice on how to bring inventions to market.
- It's important to create a working prototype of your idea, because companies won't buy ideas from sketches.
- Your best bet is to find an invention broker to propose your idea to a company.
- Non-profit inventors clubs, which can be found in many cities, also are excellent for sharing ideas and providing encouragement.
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