Hesitant about pursuing your invention idea?

We know what you’re thinking. Probably something like, “I don’t feel ready to submit my highly-guarded and very secretive invention idea yet!”

If that’s right (or sort of close), don’t worry—we get it. We recognize that you are uneasy about your invention idea because, well, you should be. It’s your baby, something that you’ve probably had trapped in your mind for a long time. Maybe you’ve sketched it out a few times or possibly even brought it up to a close friend for validation. We completely understand.

Here are 5 things to ask yourself before you submit your idea.

Why do you want to invent your idea?

What is the reasoning behind it? Does it perform a task that will make something simpler or does it solve a problem? Is it an improvement to an already existing product? Whatever the reasoning, make sure you are armed and ready with an answer.

What problem does your idea solve?

Sometimes as we go through life, we notice things about existing products we know we could change for the better. Maybe you’ve even said to yourself a few times, “This would be so much easier if it could just do XYZ!” Start breaking down your invention idea into a few helpful categories to really understand what problem it’s solving.

Who would benefit from using your idea?

Does your idea cater to the average consumer? Is it a specialty item geared to a particular vocation?  When looking to develop a new idea, you have to think about your target user. Make sure you can clearly define who will benefit from using your idea.

Where do you see your idea selling?

Where do you think customers would prefer to see your idea? Do you foresee your idea in an online marketplace or are you thinking more about brick-and-mortar stores where they can interact with the product and packaging? In today’s world the answer may be both. Take some time to think about how your idea will communicate online and in stores.

When will you be ready to start?

Trick question! No one is really sure when they are ready for this journey. You’re not alone. Do what feels right to you…just be sure to explore all options. From our experience, most people do not have the time or the skills to turn their ideas into products. Do you? How much are you prepared to spend on your idea? If not done right, turning an idea into a product can be an expensive process. We make it affordable by offering different options to fit your budget.

Once you can confidently answer some of these questions, you should be ready to submit your idea and talk with us confidentially about it.