Posted by: brainstorm1 | March 17, 2010

Inventions, The rush to a dream

Not sure about you, but everytime I come up with a new idea for a completly “new” product, or a significant improvement to an existing product, my brain goes into overdrive. First, I must find out, if indeed what I have came up with is a viable product. For that I need do some serious research, or failing that, in years past, I would retain a Firm to do the research for me. That worked, but only to a point. That point being: Was the retained Firm strictly research, or was it also one of the so-called “all in one outfits”, that would invaribly come back with glowing platitudes and scenarios of patents and or Licensing, just a few steps away. Frankly, I have been that road far to many times, and have expended considerable resources chasing a “dream”, that factually the retained Firm knew was doomed to fail. But, in the interim, I was coerced into placing my dream of a profitable invention into their hands, and paying many thousands of dollars, only to see, my product invaribly fail, or, after draining my Bank account, nothing was really done by the retained Firm. I remember well, my first invention, it was a velcro strip with weather stripping attached and was easily applied and adjusted for tension, research by a retained Firm gave it outstanding laurels and claimed no conflict with existing art. Alas, when I gave go ahead, and a more thourough research was completed, I found out the hard way, that indeed my product had real merit, but I would be trampling all over existing Art. That only cost me $4,000.00. That was back in 1978. In fact, I had people from Stanley works fly in to meet with me and review my prototype. The product was acceptable, however the gremlin of patent infringement popped up shortly after, plus we in concert with 3-M never could get the UV problem worked out. So, for now, I would stronly advise any Inventor, to use extreme caution in pursuit of your dream and deal  with any Invention Firm with the utmost caution and know before hand the many niceities involved, before you expend any monies. In the coming weeks and Months, I will be posting further articles on Inventing, and each one will deal with the many different facets involved. For those so inclined, you are cordially invited to view my website at: www.inventionseed.com.

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