Q1: I'm not an inventor, I just have some ideas. I want to get involved
with inventing, but don't have any time or money to devote to it. Is this
A: Absolutely not. Inventing can be as risky and difficult as writing a
book. The average new product takes at least a few years and at least several
tens of thousands of dollars to develop NOT including manufacturing and
marketing. Government fees alone over the lifetime of a patent are over
$4000 for a small entity. Moreover, if you have very limited funds, then
likely you have other much more pressing problems than speculating on an
invention which is 1. very expensive and 2. very very risky and 3. only
able to provide distant/ long term returns which may take 5-10 years or
more to mature.
The above is general marketing information. The
above is absolutely NOT intended as legal advice; please consult your attorney
for all legal matters.
us your FAQs. Please also see TheHook's books
page which has some more helpful material. Our policy
page can clear up more questions.
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