The Hook Specific Answer (To Frequently Asked Questions) 


Question #1  

 
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 possible?
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.

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The above is general marketing information. The above is absolutely NOT intended as legal advice; please consult your attorney for all legal matters.



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