Thanks Stephen. Kevin is probably the leading authority in the nation on design patents. Next video: Kevin Prince on: Apple v. Samsung, and why Egyptian Goddess is important.
@inventRight
Жыл бұрын
Thank you for commenting Keith!
@MH-xr2ky
Жыл бұрын
I thought such services don’t exist. Glad to know it’s an actual job! Now I can pass my ideas to a firm of patent agents and they could do the research and patenting.
@inventRight
Жыл бұрын
Great
@kuhlmaximus1536
Жыл бұрын
GREAT INFORMATION THANKS AGAIN MR. KEY, & MR.PRINCE Dru Peterson
@inventRight
Жыл бұрын
Thanks for watching!
@bobsager
Жыл бұрын
Stephen, you surely have many great guests on!
@inventRight
Жыл бұрын
Thank you so much Bob!
@glennmcgee1729
Жыл бұрын
Thanks Stephen and Kevin for discussing the benefits of working with a patent agent. Maybe you guys can enlighten us more about what types of products would benefit from a combo.
@inventRight
Жыл бұрын
That’s a good question. Maybe a provisional patent application, filed with a patent agent.If it’s a big idea, you might want a larger firm if you think litigation is possible to file the non-provisional patent application.
@giuliabasile7673
Жыл бұрын
Gia' a lavoro sign.Key complimenti.
@edlafaele8565
Жыл бұрын
Really helpful information, Thank you very much
@inventRight
Жыл бұрын
Glad it was helpful!
@donnabeattiedreamerbydesign
Жыл бұрын
Thank you this is really helpful!!!
@inventRight
Жыл бұрын
Glad it was helpful!
@jacmac1374
Жыл бұрын
How are you Stephen? I recently seen an older video of you talking about an inventor would be lucky to get 4 or 5 percent of your idea or product. I would like to know why is it the other way around for example on Shark Tank,The inventor owning 70 or 85 percent?
@inventRight
Жыл бұрын
On shark tank, you’re talking about percentages of equity of the business. Not royalties.
@jacmac1374
Жыл бұрын
@@inventRight I understand what you are saying but 4 or 5 percent to me is ridiculous
@inventRight
Жыл бұрын
Thanks for watching. It always comes down the math. If you manufacture yourself, your net profit is probably 20 to 30%. If your license your idea to a company your royalties would typically be 5% with no risk whatsoever and better distribution. Much better distribution! In essence a better chance.
@inventRight
Жыл бұрын
Wonderful, go for it!
@caseymasters8801
8 ай бұрын
@@jacmac1374take it from someone who has been there... Manufacturing and distributing by yourself is ROUGH
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