Inventor Secrets: Cash In On Your Invention, Avoid Scams

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abc7.com:
Thousands of inventions are patented every year, but only a very small percentage of them ever make it to the marketplace. So how do you get your idea sold? Several inventors share their secrets about what it takes to make your invention a success - and without getting taken along the way.

An invention takes inspiration, creativity, and passion. But should it cost you a lot of money? A successful invention may take a thick skin, but it shouldn’t take a thick wallet.

Whether it’s a motorized duster, a handbag hook, or invisible ear lifts, all of these inventions have something in common - someone had to invent it long before it ever got to the marketplace.

But inventing a product is the easy part of the story.

‘We look at hundreds of ideas on an annual basis,’ said A.J. Khubani of Telebrands. ‘We select very few that we actually want to take to market.’

Khubani may just be the king of invention marketing. He claims his company, Telebrands, has had the most hit products in the history of the infomercial.

His advice to new inventors? Don’t try to get a patent right away. More.

 

Also read:

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  • Protecting Yourself From Invention-Promotion Scams
  • Wise Inventors Offer Valuable Invention Advice For Free
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  • Inventors Beware Protect Your Money And Invention
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