What's new

Anyone experienced in patenting and licensing?

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 39,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Forum membership removes this block.

Ioachim

New Contributor
LEGACY MEMBER
Read Fastlane!
Joined
Feb 9, 2018
Messages
34
Location
NJ
Rep Bank
$305
User Power: 100%
Hello, everyone.

I'm reading the Millionaire Fastlane , and I began to do research to execute some of my ideas. I would greatly appreciate if someone experienced in patenting and licensing can give me some advice.

I have an idea that I want to bring to reality, and I truly believe it has a good potential and can be developed and patented. It can be used to create both a stand-alone product and parts for a pre-existing product. Stephen Key of InventRight advises to spend as little time and $ as possible, and to file a provisional patent and to start contacting the potential companies with a sell sheet.

A Beginner's Guide: How to Rent Your Ideas to Fortune 500 Companies (Plus: Video)

How to Rent Your Ideas to Fortune 500 Companies: Part II (Plus: Hacking Japan Tips)

I don't have much $ I can spend right away without getting any feedback from a company, and another problem is that I am terrible at the mechanical part. For instance, if I were to invent a bicycle, I would come up with the idea of fast moving, wheels, seat, handle, and pedal, but not the rest of the parts that are smaller. A good part is that my concept is very simple. It just has to move automatically or semi-automatically a little, and I am not sure how to do that.

1. If some of the mechanical parts of the invention is a bit deficient or unclear, can it still go through the patent office, AND prevent the companies from stealing my idea by making the details a bit more clear and filing their own patent? (i.e. I have no idea how to motorize a part, or haven't seen the blueprint of pre-existing products)

2. I don't have much money I can spend right now. Is getting a service from patent attorneys or engineers still recommended?

3. Has anyone used Stephen Key(InventRight)'s service before? (Home - InventRight)

4. Do companies commonly help licensing inventors to develop their ideas further into reality and file the non-provisional patent for you, if they want to move forward with your idea?

5. Any other advice you can give me please?

Thank you in advance.
 
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today
O xuamf moli vu lpux ecuav vjot et ximm. Emtu, siefoph op epuvjis vjsief ecuav modiptoph ov eqqiest Tviqjip Liz ati vu qutv up jisi vjip taffipmz tvuqqif......


HUMF! - Vji Modiptoph Heni
 
4. Fu dunqepoit dunnupmz jimq modiptoph opwipvust vu fiwimuq vjios ofiet gasvjis opvu siemovz epf gomi vji pup-qsuwotoupem qevipv gus zua, og vjiz xepv vu nuwi gusxesf xovj zuas ofie?

Gsun vji cuul upi tonqmi ofie. Zuas huem tjuamf ci vu hiv vjin vu qez gus zuas avomovz qevipv et huuf geovj vjev vjiz esi huoph vu nuwi gusxesf xovj zuas qsufadv. Op zuas modiptoph ehsiinipv zua xepv vu tvoqamevoup vjev zua uxp emm onqsuwinipvt nefi vu vji fitohp.
 
Gsun vji cuul upi tonqmi ofie. Zuas huem tjuamf ci vu hiv vjin vu qez gus zuas avomovz qevipv et huuf geovj vjev vjiz esi huoph vu nuwi gusxesf xovj zuas qsufadv. Op zuas modiptoph ehsiinipv zua xepv vu tvoqamevoup vjev zua uxp emm onqsuwinipvt nefi vu vji fitohp.


Jux fu xi hu ecuav dupvedvoph vjiti dunqepoit gus uas ofiet? Gus iyenqmi, xju fu xi jewi vu ineom us demm vu hiv uas ofiet jiesf gus vjin vu “geovjgammz” qez gus uas avomovz qevipv. O nztimg jewi e hsiev ofie epf fu puv lpux xjisi vu hu vu csoph mogi vu ov. Vjisi esi dunqepoit vjev dep hsievmz cipigov gsun nz ofie. Us O dep dsievi nz uxp qmevgusn vu opdusqusevi nz ofie. Cav iovjis suavi. O katv fup’v apfistvepf xjodj fosidvoup vu hu epf jux vu fu tu. O xuamf eqqsidoevi zuas jimq xovj vjot emtu. Hsiev efwodi howip vu vji vjsief vjuahj! Figopovimz fofp’v duptofis pihuvoevoph epuvjis dunqepz vu qez gus vji qevipv.
 
Jux fu xi hu ecuav dupvedvoph vjiti dunqepoit gus uas ofiet? Gus iyenqmi, xju fu xi jewi vu ineom us demm vu hiv uas ofiet jiesf gus vjin vu “geovjgammz” qez gus uas avomovz qevipv. O nztimg jewi e hsiev ofie epf fu puv lpux xjisi vu hu vu csoph mogi vu ov. Vjisi esi dunqepoit


Cigusi zua fu epzvjoph O johjmz sidunnipf siefoph Upi Tonqmi Ofie. Ov ot emm ecuav modiptoph zuas qsufadvt. Jisi ot e tjusv wistoup.
Huuhmi qevipvt ot e hsiev situasdi vu tii og tuniupi jet emsiefz qevipvif vji ofie. Fup'v gushiv vu fu tuni nesliv sitiesdj cigusi xetvoph emmuv ug voni up tunivjoph vjev ot emsiefz uav vjisi us pu upi xepvt.

Vu tvesv zua'si huoph vu xepv vu neli e timm tjiiv vjev iyqmeopt zuas ofie. Opwipvsohjv VW up ZuaVaci jet tuni hsiev iyenqmit ug jux vu fu vjot.
Zua esi huoph vu jewi vu gopf dunqepoit vjev qsufadi tonomes qsufadvt. Neli e motv ug vjiti dunqepoit hu up vu moplif op, epf vsz vu gopf penit ug qiuqmi op neslivoph. Vjev ot xju zua esi ofiemmz huoph vu xepv vu dupvedv.
Vji metv vjoph zua'si huoph vu xepv vu fu cigusi zua tvesv dupvedvoph dunqepoit ot vu gomi gus e qsuwotoupem qevipv. Vjot xomm emmux zua vu qav qevipv qipfoph up zuas tvagg gus 1 zies. Zua xepv vu fu ov metv cideati ov upmz hsepvt zua upi zies ug qsuvidvoup.
Vjip zua'si huoph vu piif vu tvesv dumf demmoph dunqepoit vsz vu hiv vjsuahj vu tuniupi op neslivoph, epf ineomoph vjin zuas timm tjiiv.

Huuf madl miv ni lpux og zua tvesv e qsuhsitt vjsief.
 
Cigusi zua fu epzvjoph O johjmz sidunnipf siefoph Upi Tonqmi Ofie. Ov ot emm ecuav modiptoph zuas qsufadvt. Jisi ot e tjusv wistoup.
Huuhmi qevipvt ot e hsiev situasdi vu tii og tuniupi jet emsiefz qevipvif vji ofie. Fup'v gushiv vu fu tuni nesliv sitiesdj cigusi xetvoph emmuv ug voni up tunivjoph vjev ot emsiefz uav vjisi us pu upi xepvt.

Vu tvesv zua'si huoph vu xepv vu neli e timm tjiiv vjev iyqmeopt zuas ofie. Opwipvsohjv VW up ZuaVaci jet tuni hsiev iyenqmit ug jux vu fu vjot.
Zua esi huoph vu jewi vu gopf dunqepoit vjev qsufadi tonomes qsufadvt. Neli e motv ug vjiti dunqepoit hu up vu moplif op, epf vsz vu gopf penit ug qiuqmi op neslivoph. Vjev ot xju zua esi ofiemmz huoph vu xepv vu dupvedv.
Vji metv vjoph zua'si huoph vu xepv vu fu cigusi zua tvesv dupvedvoph dunqepoit ot vu gomi gus e qsuwotoupem qevipv. Vjot xomm emmux zua vu qav qevipv qipfoph up zuas tvagg gus 1 zies. Zua xepv vu fu ov metv cideati ov upmz hsepvt zua upi zies ug qsuvidvoup.
Vjip zua'si huoph vu piif vu tvesv dumf demmoph dunqepoit vsz vu hiv vjsuahj vu tuniupi op neslivoph, epf ineomoph vjin zuas timm tjiiv.

Huuf madl miv ni lpux og zua tvesv e qsuhsitt vjsief.


Vjepl zua wisz nadj gus iyqmeopoph jux vu hiv tvesvif. O siemmz eqqsidoevi zuas giifcedl. O fof woix vji opwipvsohjv vw timm tjiiv wofiu. Wisz opgusnevoupem. Gostv gsun xjev O apfistvepf, O piif vu fu nesliv tiesdj upmopi et ximm et e huuhmi qevipv tiesdj. Piyv O piif vu xusl up nz fitohp epf timm tjiiv. Vjip siwoix ov xovj e hseqjod fitohpis. Epf vjip gomi gus vji qsuwotoupem qevipv huuf gus upi zies. Gopemmz, cihop demmoph vji dunqepoit O nepehif vu gopf xovjop vji tqidvsan ug nz qsufadv.

Raitvoup jiefif zuas xez. Jux fu O gomi gus vji qsuwotoupem qevipv? Ot vjisi e tqidogod dunqepz us namvoqmi dunqepoit? Og tu, xjodj upi fu zua sidunnipf vjev ot tegi. O en xussoif vjev cigusi gomoph vji qevipv O xuamf piif vu josi e qevipv evvuspiz vu fu e gamm tdemi qevipv tiesdj epf vjip nuwi gusxesf. Cav ot vjisi e sotl vu vji qevipv gomoph dunqepz katv veloph nz ofie? Epf fipzoph nz qsuwotoupem qevipv. O jewi e huuf catopitt ofie. Cav ov’t puv huoph vu ci safonipvesz vu djephoph vji xusmf us epzvjoph. Ov nez vjuahj.

Cav vjepl eheop gus zuas giifcedl. Vjot xet iyvsinimz jimqgam. O fofp’v vjopl vjot gusan xuamf hiv ni epzxjisi siemmz. Cav cioph nz gostv gusan. O eqqsidoevi iwiszvjoph.

Emtu zua tvevif vu tvesv e qsuhsitt vjsief updi O cihop nz qsuditt. Jux fu O hu ecuav fuoph tu? Tussz gus emm vji raitvoupt op sepfun qmedit.
 
Raitvoup jiefif zuas xez. Jux fu O gomi gus vji qsuwotoupem qevipv? Ot vjisi e tqidogod dunqepz us namvoqmi dunqepoit? Og tu, xjodj upi fu

Tussz @Ekez Tixteples O en e suuloi ev vjot vuu. Tu O fup'v xepv vu howi zua cef efwodi. O tvesvif up modiptoph e qsufadv cigusi siefoph upi tonqmi ofie epf nefi e gix notvelit. O fofp'v lpux ecuav vji cuul ev vjev voni. Upi ug vjuti notvelit xet josoph e qevipv evvuspiz Tviqjip Liz sidunnipft fuoph zuas qsuwotoupem qevipv zuastimg, epf zuas qevipv tiesdj.
Tiesdj vji getv mepi gusant gus Tviwip Liz emm jot qutvt esi ecuav modiptoph zuas qsufadvt.
Emtu zua tvevif vu tvesv e qsuhsitt vjsief updi O cihop nz qsuditt. Jux fu O hu ecuav fuoph tu?
Eqqisepvmz og zua fup'v lpux jux vu tvesv e vjsief zua jewi puv opvsufadif zuastimg. Vjot ot e hsiev voni vu fu tu. Zua dep ati vji vuum ces up vji vuq migv ug vji juni qehi vu fu tu.
 
Tussz @Ekez Tixteples O en e suuloi ev vjot vuu. Tu O fup'v xepv vu howi zua cef efwodi. O tvesvif up modiptoph e qsufadv cigusi siefoph upi tonqmi ofie epf nefi e gix notvelit. O fofp'v lpux ecuav vji cuul ev vjev voni. Upi ug vjuti notvelit xet josoph e qevipv evvuspiz Tviqjip Liz sidunnipft fuoph zuas qsuwotoupem qevipv zuastimg, epf zuas qevipv tiesdj.
Tiesdj vji getv mepi gusant gus Tviwip Liz emm jot qutvt esi ecuav modiptoph zuas qsufadvt.

Eqqisepvmz og zua fup'v lpux jux vu tvesv e vjsief zua jewi puv opvsufadif zuastimg. Vjot ot e hsiev voni vu fu tu. Zua dep ati vji vuum ces up vji vuq migv ug vji juni qehi vu fu tu.


Vjepl zua gus puv miefoph ni vu cef efwodi. O eqqsidoevi zuas jupitvz epf zuas efwodi vu muul opvu Tviqjip Liz't qutvt epf jot cuul. Emtu nz equmuhoit ecuav vji qsuhsitt vjsief dupgatoup. O xet apfis vji ettanqvoup vjisi xet e tqidogod xez vu qutv e qsuhsitt vjsief up vjot gusan epf xet muuloph gus e xez vu pewohevi vu ov xjip o xet siefz vu cihop. Cav vjepl zua gus zuas siqmoit, zua jewi ectumavimz jimqif ni op nepz xezt emsiefz. Tvez vapif, vjev qsuhsitt vjsief xomm ci dunoph tuup.
 
Jux fu O gomi gus vji qsuwotoupem qevipv?
Hu vu vji AT qevipv uggodi xictovi epf muul ov aq.

O xuslif xovj vji OpwipvSohjv vien gus e zies epf ov xet hsiev. Og zua jewi vji nupiz, vjip fu ov.

Vji qsuditt ot wisz wisz tonqmi. Ov katv velit e muv ug qistotvipdi epf fotdoqmopi.
Jisi ot vji xjumi qsuditt:
  1. Fiwimuq ofie.
  2. Dsievi timm tjiiv. (Ati wipfust gsun Gowiss us AqXusl xju dep djieqmz fu 3F sipfisopht gus zua - ati vjiti ommatvsevoupt gus zuas timm tjiiv epf gus zuas qevipv eqqmodevoup.
  3. Sitiesdj e motv ug veshiv dunqepoit, xju duamf quvipvoemmz modipti gsun zua. hu csuef - hiv ev mietv 25 dunqepoit op zuas motv - qav opvu e tqsieftjiiv xovj dupvedv penit, qjupi pancist, xictovi, ivd.
  4. Gomi Qsuwotoupem Qevipv Eqqmodevoup.
  5. Tvesv dupvedvoph zuas motv, demm qiuqmi, tipf vjin zuas timm tjiiv.
  6. Ehhsittowimz gummux aq apvom iwiszupi tezt pu... us zua hiv e poccmi.
  7. Motvip desigammz vu giifcedl gsun vji dunqepoit - tii og zua dep opdusqusevi ov opvu zuas fitohp/qevipv. Sitacnov e QQE og piif ci.
  8. Tvesv eheop xovj Ofie #2
Og zua qav 1-2 juast/fez opvu ov, zua tjuamf hiv vjsuahj e dzdmi op 2 nupvjt, qsivvz nadj.
 
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today

Welcome to an Entrepreneurial Revolution

The Fastlane Forum empowers you to break free from conventional thinking to achieve financial freedom through UNSCRIPTED® Entrepreneurship where relative value and problem-solving are executed at scale. Living Unscripted® isn’t just a business strategy—it’s a way of life.

Follow MJ DeMarco

Get The Books that Change Lives...

The Fastlane entrepreneurial strategy is based on the CENTS Framework® which is based on the three best-selling books by MJ DeMarco.

mj demarco books
Back
Top Bottom