How to Turn Your Invention Idea Into a Product
You might have a brilliant idea for a new invention that you think a lot of people would be willing to buy. But without a credible plan to turn your invention ideas into marketable products, you will never make money off of them. Thus, we’ve outlined a step-by-step guide to help make your idea a reality.
Step 1: Document and Record Your Invention Ideas
When it comes to capitalizing on your invention ideas, the first step is establishing ownership rights. You won’t profit from your invention simply by envisioning it, you must have the documentation that demonstrates that you were the first to conceive of your potential product.
Thus, make sure you write down everything you can in an inventor’s journal about the concept, design and marketability of your invention. An inventor’s journal that will hold up in court can be any bound notebook with consecutively numbered pages that cannot be removed or reinserted, says Andy Gibbs, founder of Patent Cafe. Don’t forget to have a witness sign and date the ideas in your journal.
