Wouldn’t it be great to be one of those people who have made millions off of one of their inventions? Well if they can do it why not you? Your ideas are probably just as good, or better than a vacuum seal system for food, or a sweeper that picks up water. You probably have inventions in your garage, but have no idea how to market an invention. You need to know how to go about showing your new idea to the right company.
The first step to becoming a successful inventor is to understand the difference between an idea and an actual invention. Ideas alone have no value; it is the actual “reduction to practice” of your idea that could make the idea patentable and hopefully sellable as discussed on http://classifieds.usatoday.com/blog/business-spotlight/business-spotlight-inventhelp/.
A reduction to practice occurs when a prototype is made, or when the invention is fully described in writing and drawings. If you really want to sell your invention, you will probably need a prototype made to demonstrate it to a prospective buyer or investor.
Once you get this far you will want to look into getting a patent for your invention so that no one can duplicate it exactly as you have designed yours. Making your idea into an invention will take you on your way to making your dreams come true!
A patent on a new invention gives its creator the exclusive right to control the use, manufacture and sale of the invention for a period of twenty years from the filing date of the patent application. A patent gives an inventor a virtual monopoly over his invention that is backed by the U.S. Government. This is a powerful right with great commercial potential for the inventor. There is a more detailed article on https://www.collegian.psu.edu/xpert_advice/article_1c0ae35e-1916-11e9-a355-13e0947b8cdc.html.
What can I do with a Patent?
Sell the patent rights to your invention.
License the rights to use, manufacture and sell your invention.
Stop anyone from using, selling or making your invention.