Every inventor, at one point or another, has at least fleeting thoughts of hitting the mother lode with their invention idea. I have met and spoken with countless inventors over the years and they all thought the world just didn’t get it.
Maybe that’s true, but if you want to be a successful and profitable inventor than you have to have invention ideas that the world either wants or needs. In order for your invention to be worth millions, it has to be something that people will pay for. Be honest, what is unique about your invention and will people give you money for it?
Bringing a new invention idea to market costs money. Some new inventors are able to bootstrap their inventions and pay for them out of their pocket. Most new inventors seek invention capital to develop a prototype, complete testing, or market and sell their invention idea. Agencies like InventHelp can help you in the process.
Getting money from the wrong sources can be the kiss of death for your dreams. The wrong money can be very costly in both financial and personal terms. Look before you leap and find out the pros and cons before you sign.
The common mistake that most new inventors make is not understanding where to go for invention help. There are many firms and services such as InventHelp that will help new inventor.