Start Inventing: First 4 Steps for Inventors & Entrepreneurs
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Start Inventing: First 4 Steps for Inventors & Entrepreneurs

Learn the first steps inventors should take: invention documentation, research, patents, prototypes & launch strategies
5.0 (2 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
665 students enrolled
Created by Kevin Prince
Last updated 2/2015
English
Current price: $10 Original price: $20 Discount: 50% off
1 day left at this price!
30-Day Money-Back Guarantee
Includes:
  • 1 hour on-demand video
  • 1 Article
  • 1 Supplemental Resource
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Discuss their invention's prior art in the patent literature and marketplace
  • Write the foundation for a provisional patent application
  • Know whether to launch a new venture or seek a licensing deal
View Curriculum
Requirements
  • Basic office suite is helpful
  • A new invention idea
Description

Many inventors just sit on their idea because they don’t know where to start, or they’re worried someone will rip them off. This introductory course is designed to get the inventor “un-stuck,” teaching you a 4-step plan to get your idea off and running.

Learn the First 4 Critical Steps to Launching an Invention or New Product Idea

  • Document a foundation for a provisional patent application
  • Research the market and related patents to see if your idea is novel
  • Prototype the product to get a working model and learn how to make it
  • Strategize to determine the best way to monetize your invention

Find Out What Gets Inventors Stuck and How to Keep Your Idea Moving Forward

We've all heard stories about inventors getting ripped off, but there are steps you can take to reduce your risk. The first step is to get started on proper documentation, the start of a provisional patent application. Once filed, this will give you a year of “Patent Pending” status. You will also learn about the two key agreements you can use to protect your rights before your application is filed.

We’ll show you free Internet resources you can use to scan the market and the patent literature to see if your idea is novel. If you don’t know how to make a prototype, this course will point you towards local and internet resources that can help you get started on building a working model.

Finally, you need to know if they’re going to make and sell this product yourself, or if you’re going to license it to a company that’s already selling products in this market. At the end of this course you will have a basic road map to turn your invention into a revenue stream.

Who is the target audience?
  • Anyone with a new invention idea who is unsure of their next steps
  • Inventors who want to be able to do the first steps of the product development process themselves
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Curriculum For This Course
Expand All 21 Lectures Collapse All 21 Lectures 01:11:16
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Course Introduction
3 Lectures 08:36

A quick rundown of what's in store in the course.

Preview 01:41

Before getting into to the main part of the course, we want to outline a few important things that will help you get into the right mode for success.

Preview 03:39
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Documentation
3 Lectures 07:39

Since March 2013, the best option for American inventors for documenting their inventions has been filing a patent application, either a provisional patent application or a full patent application. This is good because there is less room for misinterpretation or disputes about who should get a patent. The patent now always goes to the person who filed the patent application first. However it does mean that you’re going to have to get into the habit of filing a provisional patent applications with greater frequency.

Provisional patent applications only cost to $65 for micro-entities, so you should consider it just a cost of doing business.

Provisional Patent Applications
02:10

The provisional patent application is a fairly straightforward mechanism for documenting your invention with the US Patent & Trademark Office. However, there are a few important things you should know about how the PPA works so that you don't make a mistake that could risk your invention’s patentability.

Three Important Things About the Provisional Patent Application
05:21

UPCOMING - The Foundation of Your Provisional Patent Application
00:08
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Research
3 Lectures 12:19

This may come as a shock. Your invention may not be original. We know, there’s nothing like it on the market, therefore it must be original and a definite winner. Unfortunately, there are often unknowns out there in the market or in the patents that you need to go out and find out about. Although you will probably have to hire professionals at some point to do additional research, you should get things started on your own with a little quick and dirty market research and patent research.

Preview 01:00

In doing your market research, you’ll find out not only if there are similar products like your invention, you’ll also find out who is interested, who might become your customers.

Market Research
07:06

Gaining an understanding of your invention’s patentability will do more than just help you decide if you want to move forward with your invention; you may also learn about problems that various other inventors have faced. It is very often the case that there are not just one or two patents that look like your invention. There will be five or six. But if nothing is on the market, it may be because previous attempts fell short of solving all of the necessary problems. It may be that in analyzing patents discovered in a search, you will be able to make revisions that will improve your invention’s patentability and marketability.

Spreadsheets are invaluable for keeping track of search results. If you don't have MS Office Excel, you can get free a free office suite at either OpenOffice or LibreOffice

Quick-and-Dirty Patent Searching
04:13
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Development
2 Lectures 09:23

Reduction to practice is the process of turning your idea into an “embodiment.” What’s an embodiment? An embodiment is either a working prototype or a complete specification, like what you would put into a patent application. Either way your invention is in a form where it can then be reproduced.

Preview 03:00

Although you can reduce your invention to practice just through your patent application, taking your invention through the prototyping process is a great way to refine and develop it to a point where it has greater potential for commercial success.

Prototyping
06:23
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Commercialization Strategies
3 Lectures 07:45

You may build a better mousetrap, but it’s far smarter to meet the world halfway than wait for them to beat a path to your door. In this section will learn about to pass people take for getting to the market.

Preview 01:17

There’s nothing more all American and building your own company! Building and selling your invention is tremendously challenging and risky, but you do have the potential upside of greater profitability and greater control.

Commercialization Strategies - Venture
03:17

Licensing is essentially “renting” your idea to someone else who will then commercialize it. Your profitability may be lower, but so is your workload.

Commercialization Strategies - Licensing
03:11
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Conclusion
1 Lecture 02:18

Be sure to contact us at courses at inventorslc dot com if you have any questions. Good luck!

Preview 02:18
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Supplemental Videos
6 Lectures 21:16
Patent Cooperation Treaty - How to Get Patents Around the World
05:50

Registered practitioners are people, usually with a science or engineering background, who are credentialed by the US patent and trademark office to practice patent law. They come in two forms: patent attorneys and patent agents. Patent agents possess the single credential from the patent office, while patent attorneys are also licensed to practice law. Foremost patent work, you should consider them as equals.

About Registered Practitioners
01:33

Unfortunately, even in this day and age there are plenty of scam companies out there who prey on the naïveté of new inventors. We give you a few quick pointers for spotting and avoiding invention submission companies.

Spotting and Avoiding Invention Scams
04:52

Two agreements that you will see a lot in your life as an inventor or nondisclosure agreements and work for hire agreements.

Agreements - Nondisclosure and Work For Hire Agreements
04:41

Sample Nondisclosure Agreement
2 pages

Quirky & Kickstarter: New Options for Launching Your Project
04:20
About the Instructor
Kevin Prince
4.6 Average rating
31 Reviews
1,410 Students
2 Courses
Helping Inventors Help Themselves

Inventors Learning Center is a cooperative effort between registered patent practitioners and professional researchers. Over the years, through our interactions with inventors, we've learned where inventors need the most help. Our goal is to help the independent inventor and small business person quickly get "up the curve" on those topics that are most important to a successful invention.

Registered Patent Agent Kevin Prince teaches courses having to do with patent application writing, patents in general, and patent drawings. Kevin has over 15 years of experience working with inventors to obtain patents, now numbering over 1,400 granted patents in the United States. He's the author of the book The Art of the Patent, featuring some of the best patent drawings created in the last 200 years of patent history in the US.

Professional patent researchers Stewart and Pat Walsh have conducted over 5,500 professional patent searches for attorneys and product developers. Together the two brothers have developed a patent research system that is used by multiple practitioners and an attorney docketing system that keeps track of thousands of patent applications working their way through the US Patent & Trademark Office.