mostly that I have a snowball’s of doing something constructive, but hey it was informative nonetheless
of the 6100 inventions they’d filed in 01-03, around 100 generated manufacturer interest and 14 made more money than they cost the inventor to develop i.e. a 0.002% chance of being successful, or about 1 in 500. The odds don’t sound all that bad, but then again they probably didn’t to the 499 other schmucks either.
costs are:
US$900: for a pretty book filing your invention as a patent application, with appropriate conflicting patent research; something to start pitching with
US$12000: full patent execution with full tooling report and costs tied to projected/prospective market segments etc. full working schematics that can be implemented by a manufacturer, some trade show space, and some sales work by the inventors solutions group you’re paying all this money to. They have to like your idea enough to allow you to fork this money out I believe
do I like my ideas enough to spend thirteen thousand US dollars on them? I guess the answer is ‘not yet’. I really need to do more work on my ideas, which hey I already knew I guess.
