How Can You Capitalize On Your Ideas And Turn Them Into Cash

No find No fee is a new concept in the patent search industry. It means that if the search does not produce evidence that your idea is not new you don’t pay for the service. . . Yes, that’s right, it’s FREE. Let’s examine that again. . . . As most of us, you are driving your car, drinking your coffee, taking a shower, etc and then it hits. Your busy mind just stumbled across something which solves a real need. Let’s assume a device that is activated by foot which closes the flow of water in your tap. The purpose of which is to save the water that are wasted while brushing teeth, shaving, washing dishes, etc, etc, etc. This new idea you just had, brings real value to the community, the environment. It resolves a real need. It is really new and innovative. What do you do. . . . Usually NOTHING, you just keep living your life, forget about it, and maybe bring it up in a conversation or two with friends over drinks. And don’t tell me that this exact scenario never happened to you. . . In the real world, in order to capitalize on such invention, the first item on your plate is to protect your idea using a patent in the various countries. Let’s assume that you plan on using the standard way of a world wide PCT patent application. As soon as you said PCT patent application you are now looking at over $100K of money in cost and many months (probably years) of full time hard work, just to get your new patent reviewed in the various countries. Even if you scale down your ambitious plan and decide to file only in the US you are looking at over $20K and several months of hard work preparing, submitting and defending your application. OK – So before you do that, you want to make sure that your patent is new and will get approved, assuming you can raise the funds and execute the complicated procedure. It would be devastating if your application is denied after you spent all that time and money just because someone else already thought about your idea before. So, you set out to do a patent search. . . . You start by yourself. Between you, Google and the USPTO (United States Patent Office) you get the basics covered. Assuming you did not find similar publications or patents you now decide to move to the next level. Most patent lawyers will charge you thousands of dollars to execute your search. But wait!!! Now we come full circle to my initial paragraph of this article. At http://www. patentest. com you can have your search done for just a few hundred dollars. Not only that, but if your idea is new, you will NOT pay for the search and you can now move forward with raising the needed funds and submitting your patent application. This is quite genius if you think about it. If your patent is not new, you can let it go for a small payment of a few hundred dollars. Now finally you can clear your head and continue to your next big idea. If your idea is new, you are not charged for the search and you now have an official patent search report, performed by experienced industry engineers and professionals. This report is crusial for raising the funds and prove to other parties that your idea is really new. Now you can take your idea to the next level, knowing that you did a major step in the process of capitalizing on your new idea. Please see http://www. patentest. com for more information and details.

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