Lots of people have fun playing around with inventing things in their basement or workshop, but actually beginning a career as an inventor can be a bit more complicated than you may think, but also very rewarding if you make it big.
The problem is only around six percent of the utility patents given out in 2008 were given to an individual and only around one third of the people who apply for a US patent get it, that means a lot of frustration for the rest of the budding inventors. There are always going to be big winners and big losers along the way.
If you want to become an inventor, there are a few things you should do:
Firstly, it’s not a good idea to quit your regular job at this point. For one thing, developing a product takes a lot of time, at least between six months and a couple years in most cases! And in the meantime, you still need a way to pay your bills and eat on a regular basis. Even after you sell your first successful invention, you have to have money coming in until you start getting royalties from that invention.
It also helps if you find yourself a mentor. This can be done via locating groups of inventors or entrepreneurs on Facebook or via some website. Or you can get books on inventing. It’s great to have a sounding board for your invention ideas to see if they are feasible or not. And if you find a mentor who is already a successful paid inventor, you can start asking them all kinds of questions about how they got started and what worked best for them. It’s good to be friends with other inventors you can share ideas with and learn from each other.
One thing you could do is join some sort of startup, especially if it is in your desired niche. This can help you learn how to conduct a business, which is something you’ll likely need to know if you have a salable invention idea. And speaking of niches, don’t get carried away and try to come up with an invention in several industries. It’s best to stick with developing an idea that fits one or at the most two niches. Pick an area you know a lot about since that will help you determine what issues there are and what might solve those problems.
You will also have to learn to not let things get to you. Likely you are going to hear the word no much more than the word yes. Expect to get tons of rejection letters. Hey, even Thomas Edison failed with many of his first attempts to create the light bulb. Just don’t take the rejections personally. Business is business! Don’t dwell on the rejections, just jot down what didn’t work and move on to your next idea.
So, if you expect to have a career as an inventor, you need to be able to come up with good ideas that solve some issue or another. The true inventor thinks differently than most folks. He or she seems to instinctively know what sort of product will solve an issue. There are folks that do this and get lucky enough to make a lot of cash on one invention that works out, while some put in application after application and never make big, yet they keep sending in ideas to the patent office every few weeks.
InventHelp is a business that specializes in assisting inventors and helps them take their idea and make it into a real product. InventHelp has powerful experts in all kinds of industries as well as people who can help you market your product. They can connect inventors with the people who can help them in all kinds of areas from financing to getting a patent to getting it to market. InventHelp does it all. Due to this there’s been a lot in the news about them, and here’s a few articles to read so you can learn more about InventHelp and how it can help you.
Keep these tips at hand when you are thinking about some new invention and/or when you are ready to pitch that idea to a business who can make it a real product. Many of these tips will help budding inventors become a success! Try InventHelp now to see what they can do for you in your new career as an Inventor.