How do I patent my idea and sell it to companies?
ANSWER
You hire a patent attorney to get a patent, and, with the help of someone who understands marketing, you do your best to interest companies in licensing your technology. That might mean sending out a copy of the patent with an offer for a license, or sending out cease and desist letters urging infringers to stop infringing, while offering the patent for sale. There are a thousand possibilities. One of them is that no one will be interested in licensing or buying your patent or making your invention. So, consider the worst case scenario before you invest all your retirement money in your invention.
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Dr Patentsteins' Tips
When you think you might have an invention with sales potential, immediately discuss the idea with a registered patent practitioner | Ensure you sketch all significant elements of your invention on paper, writing as much detail and comments regarding its' operation | After creating any descriptions or sketching your invention, ensure a witness (or even two) sign the paper to support your claim |
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