5 Ways to Create Your Bright Idea

We all dream of a light bulb moment to help us become a business tycoon. However, if you have an idea you believe could be unlike anything else on the market, it is type to make that dream a reality and here’s how…

Document Your Idea

The last thing you will want to happen is for someone to steal your invention. That’s why you should document it as soon as possible. Write down everything you can about your idea, which is your first step towards a patent. You could email all the information to yourself or can follow in the footsteps of Dyson’s inventors and purchase a specially-designed inventor’s notebook.

Research

Before you rush off to invest all your money into a prototype and marketing, it is essential you do your homework first. From a legal standpoint, you should perform a patent search to ensure your invention hasn’t already been created. What’s more, you must complete a non-patent prior artwork search, because you cannot patent your invention if there is existing artwork related to your idea.

It is also vital to identify if your idea is worth making, because there has to be customers in need of your product for it to become a viable business. You must also ensure the manufacturing fee is lower than the RRP or your business could be over before it has started.

Make a Prototype

Once you’re happy with your research, it’s time to create your initial prototype. This will help to iron out any kinks in your original design, which is why you should wait to patent the idea until you’re 100% sure it will work.

Sketch your initial idea before creating a 3D concept mock-up. If you’re pleased with your mock-up, you can create your prototype with the help of 5 axis laser cutting. An experienced company can ensure your single-part or large-scale prototype can be delivered within your budget and timeframe, using innovative 3D cutting techniques that help make your invention more than just an idea.

File a Patent

As soon as you have removed all the kinks from a design, you can now file a patent. It is then your decision to choose one of two patents: a utility patent or a design patent. A utility patent is for new processes or machines, while a design patent is for the creation of new ornamental designs.

You might be tempted to write and file the patent yourself to save money, but you could cost yourself so much more if a competitor infringes on your idea. Before you filed the application, ask a qualified patent specialist to review your application to ensure an industry rival couldn’t possibly find a loophole.

Take it to Market

With a flawless prototype and patented invention, all there is left to do is take your product to market. You now need to move away from the design process and focus on your business plan. How will you fund your idea? What mediums will you use to market your product? Where will you create, sell and distribute the item? Only invest what you can afford in your product and have a little patience. If your product is worth buying, it will eventually sell itself. Good luck!