A provisional patent application is, in layman’s terms, like a temporary patent. When you file the application, it gives you twelve months from the postmarked date to work on and try to get investors for your invention or your marketing plan in place. With a provisional patent application, your invention is completely protected during this time, as if it were actually patented.
You’ll find companies online online that allow you to file for patent applications through them. For a small fee, they make the process much easier and faster to deal with than if you were trying to do it on your own as you can read from https://thriveglobal.com/stories/a-discussion-about-inventhelp-and-helping-people-achieve-their-goals/.
The patent application process can be a real headache, so it is important to be methodical. If you’re impatient by nature, this probably won’t be a good fit for you. Patience is for sure a virtue when it comes to getting an invention patented. It also costs money to file a patent, so make sure that you have the funds available when it comes time to pay.
Getting a patent takes time, it takes educating yourself, it takes money, and it takes thick skin. It also takes a business mindset. It’s not going to be easy, fast, or a fun process but, if done right, it can make the inventor a lot of money. If done wrong, well, you know…
A provisional patent application creates a weeding-out process. If you think about the time involved, the money involved, and the knowledge one must possess it not only brings in money for the government (which doesn’t thrill me), it also weeds out the people who aren’t serious about their invention. They aren’t likely to clog up the system with their applications and thus, the cream will rise to the top. It always does.
Because of the way the process is designed, many inventors file patents on multiple inventions. The more patented inventions you have, the better your chances are that one of them will be a hot seller. That being said, millions have been made off of just one product in numerous instances. So if the invention is really good, one is all you will need to be set for life as described on https://easyreadernews.com/why-inventhelp-has-become-so-crucial-for-new-inventors/.
Once you have the patent, you are free to go out and shop the invention around to potential investors and see if you can get the product into stores. Or… enter the Shark Tank!
Once your invention has made it onto television commercials and store shelves, the sky is the limit. What starts out as an idea can quickly morph into a living, breathing invention. All you need is an original idea and the drive to accomplish your goal.