Simple Ideas



Patenting and licensing your idea can be a good route for establishing royalty income.  Having read the above mentioned books, I have a few "Simple Ideas" that I will be trying to license over the next year, and with success, for the remainder of my career I would like to work as a product developer.

As I move through this process I will update this post to better reflect things learned while going through the process.

Right now I am in the market research stage, and I am working on putting together the Provisional Patent Application.  Once this is taken care of, I look forward to calling different manufacturing companies and find a licensee in the group.

As recommended in the book, I have a few companies ready to call, and I plan on starting with the least favorable companies first.

Here are some of the reference websites from the book:

http://www.ipwatchdog.com
https://inventright.com/

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