By Jack Lander
Locate the money you want to convey your invention to existence! you've got an excellent thought - yet until you discover the correct financing, your innovations may well by no means get past the pc. With All i would like Is cash, you will find out how one can safe the investment you must make your invention a truth. millions of strength traders are trying to find a very good inspiration to get at the back of -- and All i want Is funds is helping you discover them. particularly, the ebook indicates you ways to:
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Additional resources for All I Need Is Money: How To Finance Your Invention
And the search plus patentability opinion costs between $500 and $1,000, depending on the hourly rate of the agent or attorney and the complexity of your invention. For more information on patent searching resources, see Chapter 12. 3/21 Get a Prototype It’s not essential to create a prototype, but I strongly recommend it. A prototype or working model of your invention may enable your agent or attorney to get a stronger patent, because it can disclose reﬁnements or even essential features that your written deﬁnition lacks.
He also submitted it to a catalog agent and worked with a marketing agent. As this book was going to press, Ruggiero had been offered a potential licensing deal. SIX TASKS TO CONVERT YOUR IDEA INTO A PRODUCT • Patent it (if possible). Acquiring a patent (or assuring a lender that an application has been ﬁled) is often crucial when seeking money. Expense: Getting a patent can cost between $5,000 and $10,000. • Test market it. Having real people test a real version of your invention may provide information that is essential to lending decisions.
The capability to demonstrate your invention may be the key to funding success. Expense: Expect to pay between $300 and $3,000 depending on the complexity of your invention. 3/4 ALL I NEED IS MONEY: HOW TO FINANCE YOUR INVENTION The Shower Master™: Converting an Idea to Product Anthony Ruggiero observed water damage in several rental units he owned. Tenants had shower mishaps that affected bathroom ﬂoors and the ceilings of the units below. Anthony observed similar damage in motels and hotels. His conclusion: Shower curtains don’t seal against the end-walls of the showers.