How One Inventor Lost Millions in Royalties & How You Could Avoid The Same Fate

How One Inventor Lost Millions in Royalties & How You Could Avoid The Same Fate

How One Inventor Lost Millions in Royalties & How You Can Avoid The Same Mistake from The Patent Professor® Also read more about Stan Weston and G.I Joe in the blog post entitled The Difference Between Earning “Lots” Vs. “Millions” of Dollars From Your Idea Ask a Question
“The Sooner You Apply For a Patent, The Better,” Says Expert

“The Sooner You Apply For a Patent, The Better,” Says Expert

Wise words were recently uttered by a savvy senior product strategist, Tom Gray, in a recent article written for Alister & Paine Magazine… “Before beginning any prototyping, market research, or planning what to spend your millions on after you hit it big, start by scouring the internet for similar products ..Continue Reading
The Difference Between Earning “Lots” Vs. “Millions” of Dollars From Your Idea

The Difference Between Earning “Lots” Vs. “Millions” of Dollars From Your Idea

There will probably come a point in your life as inventor when your idea or patent gets picked up by a major retailer or industry player and they offer you a tantalizing choice: a small royalty on sales in perpetuity or a single, one time “complete buyout” payment to take ..Continue Reading
How to Make Money From your Invention

How to Make Money From your Invention

According to leading experts, the rise in patents represents a long-term shift in what Americans do, suggesting that R&D for non-manufacturing industries is growing at a faster pace than manufacturing industries.  Additionally, studies indicate that money spent on research and development is not rising as fast as the number of ..Continue Reading
Three Steps to Profit from your (Patented) Idea

Three Steps to Profit from your (Patented) Idea

You have an idea that may change the world or revolutionize an industry. However, until your patent is filed, recorded and locked down with the USPTO, it’s up for grabs by other nefarious entrepreneurs who would love to profit from your idea. Do you really wish to sit on the ..Continue Reading