Golfer Reveals 2 Quick Patent Tips for Inventors

If you can't sell your idea, then there's no reason in finding it protected with a patent, correct?

Consequently, ahead of you spend a lot of time, money and effort going via the patent approach...you should consider how marketable your item is. How willing individuals are to obtain your thought from you.

The fine news is there is a straight forward two-step formula for maximizing the marketability (and so profitability) of your idea.

This formula saves time...and...lessens your initial investment.

Here's a quick story that goes a lengthy way to illustrate this very simple formula for uncovering patentable and profitable niches in the industry.

Patent Lessons from a Golfer

I just finished reading a short write-up on South Carolina golfer and inventor Michael Owens. Owens has a patent pending on a device that securely holds personal golf GPS devices and laser range-finders in place on golf carts.

The device that holds the GPS on golf carts only took him various months to make, test and refine. With an outstanding order of 1,200 units at $29.95 each, Owens will just about cover his initial $45,000 investment.

Less than a year and already his idea is paying off. In terms of bringing an thought to market, that is just about lightening speed!

The Easier Path to Patents

The inventor trick Owens utilised to speedily generate a profitable invention is simply obtaining a far better way to use an already wildly profitable item.

Here's how he did it...

Initial, Owens found a product that persons are already making use of.

If you are a golfer, you already know GPS units and laser range-finders are all the rage on the links. By linking his product to some thing that folks use and are familiar with, Owens greatly increased his probabilities of patenting a marketable product.

Second, get a way to make that item a lot easier to use.

In this case, Owen saw his pals fumbling with the GPS units in their pockets, in cart cup-holders, seats or open spaces in the dashboard region. By making a sturdy magnet-based GPS holder - that also did not will need to be removed consistently - Owens took a superb product and created it greater.

And if his patent application goes by way of, he will have the right to stop anybody else from producing, utilizing, or selling his idea. A legal monopoly that he can charge a royalty percentage or outright sell to a bigger corporation.

Maintain these two points in mind subsequent time you are operating on your subsequent major notion.