The Independent Inventor's Handbook: The Best Advice from Idea to Payoff

The Independent Inventor's Handbook: The Best Advice from Idea to Payoff

by Louis Foreman, Jill Gilbert Welytok
     
 

How do you actually turn a million-dollar idea into a million dollars? From scribble-on-the-napkin to product-on-the market, The Independent Inventor's Handbook explains everything a potential inventor needs to know and the tools he or she needs to use to take a raw concept and turn it into reality.

Written by Louis J. Foreman, creator of the PBS series

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Overview

How do you actually turn a million-dollar idea into a million dollars? From scribble-on-the-napkin to product-on-the market, The Independent Inventor's Handbook explains everything a potential inventor needs to know and the tools he or she needs to use to take a raw concept and turn it into reality.

Written by Louis J. Foreman, creator of the PBS series Everyday Edisons and a holder of multiple patents, together with patent attorney Jill Gilbert Welytok, here's a book that speaks directly to the inventive American—the entrepreneur, the tinkerer, the dreamer, the basement scientist, the stay-at-home mom who figures out how to do it better. (over one million of them file patents each year.) Here is everything a future inventor needs: Understanding the difference between a good idea and a marketable idea. Why investing too much money at the outset can sink you. The downside of design patents, and how best to file an application for a utility patent. Surveys, online test runs, and other strategies for market research on a tight budget. Plus the effective pitch (hint: never say your target audience is "everyone"), questions to ask a prospective manufacturer, 14 licensing land mines to avoid, "looks-like" versus "works-like" prototypes, Ten Things Not to Tell a Venture Capitalist, and how to protect your invention once it's on the market. Appendices include a glossary of legal, manufacturing, and marketing terms, a sample nondisclosure agreement, and a patent application, deconstructed.

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Editorial Reviews

From the Publisher
"This clear, thorough, and entertaining guide will be sought out by those who need practical help to bring their ideas for inventions to fruition. Highly recommended."—Joan Pedzich, Harris Beach PLLC, Rochester, NY, Library Journal
Library Journal
Foreman, publisher of Inventors Digest magazine and producer of PBS's Everyday Edisons, and patent attorney Welytok (Sarbanes-Oxley for Dummies) aim to walk inventors through the product-development process from the moment the proverbial light bulb appears over their head to the moment their brainchild arrives on the market. The authors cover product market research, design, developing prototypes, manufacturing, and distribution. There is an excellent chapter on what a patent is and how to obtain one and another section on funding an invention. The book is packed with anecdotes and case studies, including how the BlackBerry handheld device was named and how Tupperware came to be a household name. Appendixes include a sample nondisclosure agreement and an example of a patent, and a glossary. VERDICT This clear, thorough, and entertaining guide will be sought out by those who need practical help to bring their ideas for inventions to fruition. It's a good companion to David Pressman's Patent It Yourself. Highly recommended.—Joan Pedzich, Harris Beach PLLC, Rochester, NY

Product Details

ISBN-13:
9780761149477
Publisher:
Workman Publishing Company, Inc.
Publication date:
05/15/2009
Edition description:
Original
Pages:
242
Sales rank:
708,860
Product dimensions:
6.90(w) x 8.90(h) x 0.70(d)

What People are saying about this

From the Publisher
"I have read this informative book and proclaim it highly valuable for independent inventors. For most of my inventive career I have done my own patent writing and much of the ground work on those patents. I have also coached and counseled many other inventors. This book is chock full of great information, helpful hints, and experiential guidance. I learned many new things from it! I highly recommend this book for the new inventor. I wish it was there when I started inventing 40 years ago.
—Harry Roman, 2005 inductee (Inventor of the Year), NJ Inventors Hall of Fame

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