Friday, January 8, 2010

What is the process so i can start making money of my invention?

i do have any an idea, and want to introduce it and make a profit out of it. what is the processes for that?What is the process so i can start making money of my invention?
First, you patent your invention (which will probably cost you a few thousand dollars in patent attorney fees). Then, you can either license it to people who want to commercialize it or commercialize it on your own. The vast majority of patented inventions, however, have never been commercialized; the inventors either didn't have an interest or lacked capital and failed to convince financial backers in their inventions' commercial viability...What is the process so i can start making money of my invention?
An elaborate and complete answer to your question is impossible without some knowledge of what the idea is about. But first things first - patent it.
Be very careful with this. Do not go for one of those companies you see on tv, they are a scam. Do a ton of research as I've heard the process is very hard.
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