by dahlberg » Sat Mar 13, 2010 10:55 am
First you do a patent search, research the size of the market, talk to a patent attorney, make sure you have a non-disclosure agreement with anyone you show it to, and there is still no guarantee you won't get ripped off, in which case you need the money to defend it. My first great invention was the "off-set blank-thru handle" which was first stolen by someone who'd signed a non-disclosure and taken it to a big tackle company, then knocked off by everyone else in the industry. I have documents that prove collusion from all the good old boys that were in the trade organization at the time.
Within a year or so there was over 50 million dollars of infringing product on the market.
The lesson is that the more valuable your idea is, the better chance it will be ripped off.
The best position is to be first in with the most!
Good luck, watch both your back and your front!
best
L
Larry Dahlberg
The Hunt For Big Fish