Don’t Change Your Life Because You Think You Have a Patentable Idea


What I would say is if you’re an individual inventor, you’re in a business, you have a job, you’re doing whatever you’re doing, and you come up with an invention, it’s always our suggestion not to change your life and go try to sell this item out of the trunk of your car. The best thing you can do is to go to a manufacturer and license it, sell it, license it, get a royalty, and move on, rather than changing your life to start market this, umarketing this item yourself.

It is, however, I must say, difficult to break into corporate America. They like to have inventions from within. They’re afraid that when you’re showing it to them in their office in New York, their inventors in Detroit are coming up with the same part, and you’ll accuse them of copying it.

And maybe they really did not copy it. Because, again, when there’s a need for something, and people recognize the need, people all over will try to satisfy that need.