The Essential Guide To Turning Your Invention Dreams Into A Reality
If you have an idea for a product that is the best thing since sliced bread, there’s no point in it remaining as a figment of your imagination when you could bring it to market, and it could make you a small fortune. Being an inventor isn’t all Disney-esque mad scientists and eccentric, crazy haired professor types. Many people have innovative ideas, yet for some reason, they never manage to make their invention dreams a reality. Take a look at how you can go one step further than most and make your product a real-life entity.
Get It On Paper
It doesn’t matter what your invention is, you need proof that it was you who invented it. While you might want to document your idea and then post it to yourself in a sealed envelope so that you have a date stamp, this is not the most legally sound way of ensuring you have proof of the date of conception. Instead, write down how your product works and what it is made from, and accompany your prose with any diagrams you might have. Head to a solicitors office and get this signed and dated by an official witness.
Now you have this documented, you can consider applying for a patent. This is a piece of paper to state that the design is yours and that no one is allowed to copy or replicate your work and pass it off as their own. This is vital if you want to maintain the integrity and the financial reward of your invention.
Just because you think you have had the most innovative idea since the millennium, you will need to ensure that other people agree with you. If you can, build a prototype of your product and test it on your chosen niche. If the market responds positively, you can go full steam ahead into manufacturing. If not, they may have suggestions for tweaks that you can act upon. You will need to work out the cost of manufacturing and your overheads and set a retail price accordingly to allow you to make profit and sit comfortably within your chosen market.
This is the exciting stage when you can see your idea go into a more mass state of production. Consider the use of injection mould manufacturing to produce any components you may need. This allows for a consistent and accurate method of manufacturing that is cost effective. When you’re happy with your final product, you can return to your patent and add anything of note to secure your design.
Marketing your invention is the tricky part. Just because your product is outstanding doesn’t mean people will buy it if they don’t know about it. Utilise the web, enhance your online presence and fill up your social media feeds to market your product.
Being an inventor isn’t difficult if you are willing to put in the hard work and effort. You never know, you may be sitting on a small fortune with your idea without even realising it.