Technology - Invention Design
The following are
among the most common myths:
Myth #1: The
first thing an inventor should do is get
a patent.
Truth: It's understandable why this is such a commonly held belief. The topic of getting a patent is so pervasive among the inventing literature, conferences, websites and tv commercials, it's no wonder that many people feel they can't move forward without getting a patent first. Many inventors spend 80 -100% of their initial effort and money on obtaining a patent because that is the myth that's been sold and supported by those who stand to profit from it. Certainly a patent can be a valuable tool later in the process, but you should first determine the viability of your invention as a business before moving forward. Remember that filing a patent has little impact on a successful product launch & cost $10,000 or more-so unless getting a patent for its own sake is your end goal, it doesn't usually make good business sense to apply for a patent first thing off the bat. Most importantly- if you file a patent first, then encounter overwhelming obstacles later on, you may have invested in a patent for nothing.
Myth #2: If I tell people my idea, they'll steal it.
Truth: The theft of a new invention idea is actually very rare. A lot of sweat equity goes into developing an invention and this is a big barrier to most potential "thieves." That doesn't mean ideas are never stolen. Keep in mind, copying and competition are facts in any business. However, once you have an understanding of how much work goes into taking an idea to market, you'll understand why most ideas are stolen only after a product's proven successful. It's like betting on a horse. You're more likely to win by betting on a horse with a winning record than you are by backing an unproven long shot. That being said, don't be careless.
Myth #3: My idea is worth a million dollars!
Truth: Earning a million dollars with an invention is less likely than making slightly lesser amount depending on the depth of your invention. Study the process, set realistic expectations, take action, work hard and you can find success, especially if you have more than one marketable idea.
Why use the
Protomine Process?
The Protomine process
was created to offer an alternative to expensive
invention submission companies that offer so much
and produce so little. Do the research and we know
you'll see the difference.
What
does it cost to develop a product?
Manufacturers follow a complicated and costly
product development process called
product lifecycle management (plm). This approach
encompasses the complete lifecycle from
concept
design through
manufacturing and
disposal
of a product. The typical cost for product
development starts at around $100,000 for simple
concepts and rises dramatically for more complicated
concepts.
The
Reality
Paying high prices to
outside companies to "develop"
or "patent"
your product is often unnecessary if you just want to
license your
concept. Ultimately the distributor incurs the real
costs of development and in return offers a
licensing
contract. Your job is to present an appealing product
presentation and deliver it to the right people!
What
are they promising you?
Organizations such as
invention
submission companies offer costly services promising
to develop your concept for $5-$20,000 (a fraction of
what it really costs) while delivering very little in
return and producing very
poor success rates.
The
Solution - The
Protomine Process?
In a nutshell, the Protomine
process was created to help you create a presentation which
represents and
markets your design efficiently and effectively. Our
proprietary
process contains a complete checklist of items companies
want in order to make informed decisions on whether or
not to carry your product design. So forget about
expensive invention submission companies and everyone else
trying to take your money and do-it-yourself.
Our Approach
Protomine is a "prototype repping" company which means what we do is convert your designs from simple sketches to virtual (3d) and actual (prototype) "representations". We cater to inventors and designers who come to us with designs that simply need to be converted to presentable packages. By removing ourselves from the design stage of development we are able to offer lower costs and speedy development for your design project. Our sole mission is to allow consumers the ability to represent their designs efficiently and effectively without braking the bank. We do this by connecting you directly to the developer who is doing your work. 75% of your product package price goes directly into the developers pocket. We just manage the process which means you get what you're paying for. Our team of developers work diligently to provide you with a product we're sure you'll be happy with. That is why we have a satisfaction rate of 99% percent.
So Easy
Anyone Can Do It!
Questions?
Can't find the answers?
Don't worry about it. Call us for help.
1(877)897-8804
