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| Patents https://mail.chicagofanatics.com/viewtopic.php?f=47&t=87899 |
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| Author: | Spaulding [ Mon Jul 14, 2014 12:59 am ] |
| Post subject: | Patents |
312player and Ike have applied for one, I think. Anybody else have experience, knowledge, or anything they feel comfortable sharing? I have an idea and don't know if it's worth it and I don't see my husband giving me 5k+ to hire a lawyer. |
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| Author: | Crystal Lake Hoffy [ Mon Jul 14, 2014 6:01 am ] |
| Post subject: | Re: Patents |
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| Author: | Rod [ Mon Jul 14, 2014 6:37 am ] |
| Post subject: | Re: Patents |
Unfortunately, I know quite a bit about patent law. Particularly with regard to process patents. There can be a lot of ambiguity. Often conflicting patents are issued. A patent only has value to the extent of one's ability to enforce it. |
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| Author: | Brick [ Mon Jul 14, 2014 10:17 am ] |
| Post subject: | Re: Patents |
Spaulding wrote: 312player and Ike have applied for one, I think. Anybody else have experience, knowledge, or anything they feel comfortable sharing? I have an idea and don't know if it's worth it and I don't see my husband giving me 5k+ to hire a lawyer. If you don't know your idea is worth 5k then it isn't worth it.I'd only get involved with something you can start an actual business with and then use the patent to defend your product/service once proven viable enough to have a chance to make money. |
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| Author: | spmack [ Mon Jul 14, 2014 10:23 am ] |
| Post subject: | Re: Patents |
I originally read this as "parents", and I was thinking that 312player and Ike were trying to buy a pet or something. |
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| Author: | bigfan [ Mon Jul 14, 2014 10:25 am ] |
| Post subject: | Re: Patents |
One of my guys makes some BIG MONEY as a Patent guy at one of the major firms downtown. Basically just defends the big names all day. It's the essence of the patent. You might get it, but you need to defend it, because if you have a proven item that will sell, you have about 3-6 months before they start making it in China. Great book by the guy who created the wall walker spider thingy. He knew the copies were coming and he wasnt go to spend millioins to defend it, so he just went for it and tried to sell as many as he could before the copies came. http://www.barnesandnoble.com/w/how-to-create-your-own-fad-and-make-a-million-dollars-ken-hakuta/1000065991?ean=9780688076016 |
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| Author: | Beardown [ Mon Jul 14, 2014 6:29 pm ] |
| Post subject: | Re: Patents |
Wow. I was totally expecting a very predictable joke from Good Dolphin to Spaulding's question. Didn't get it. GD might give it tomorrow I guess. |
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| Author: | IkeSouth [ Mon Jul 14, 2014 7:25 pm ] |
| Post subject: | Re: Patents |
All the above is true. Unless you have the money to defend it, its really not even worth the hassle in most cases. provisional patents are really all you need these days. PATENT PENDING. just write it yourself and file it for $200. that gives you 1 year to sell the crap out of your product and see if its a good idea. if it catches on big, then you can decide if you want to pay for a full patent and really play the cat and mouse game. thing is, china monitors provisional patents filed, so after that 1st year they might have already beat you to it. elon musk (tesla motors) said it best. the only real reason you need patents is to prevent some other american company from filing the patent in their name, making it ILLEGAL for YOU to sell YOUR idea. its bullshit, but thats the way it is. like i said, read up on how to write a provisional patent. they are not formal documents, they just need to clearly state what your idea is. anybody can do them. and dont file it until you are ready to make and sell your product, that way you can hit the ground running before anyone knows what youre doing. if your product sells well during the first year, you wont have a problem dropping the $7500 for the real patent. |
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| Author: | good dolphin [ Tue Jul 15, 2014 8:52 am ] |
| Post subject: | Re: Patents |
Beardown wrote: Wow. I was totally expecting a very predictable joke from Good Dolphin to Spaulding's question. Didn't get it. GD might give it tomorrow I guess. I don't like you taking these unnecessary shots |
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