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How to Protect Your Idea – How to prevent people from stealing your idea


how to prevent people from stealing your

how to prevent people from stealing your idea so I got a great question for our

idea so I got a great question for our

idea so I got a great question for our YouTube viewers love you guys Michael

YouTube viewers love you guys Michael

YouTube viewers love you guys Michael who wrote in to ask what if you have a

who wrote in to ask what if you have a

who wrote in to ask what if you have a sex toy I have a provisional patent on a

sex toy I have a provisional patent on a

sex toy I have a provisional patent on a sex toy I’m finalizing utility patent as

sex toy I’m finalizing utility patent as

sex toy I’m finalizing utility patent as we speak my question is how do we

we speak my question is how do we

we speak my question is how do we prevent them from stealing or taking

prevent them from stealing or taking

prevent them from stealing or taking your idea the recent masters I have a

your idea the recent masters I have a

your idea the recent masters I have a wife that doesn’t work I have $2.00 six

wife that doesn’t work I have $2.00 six

wife that doesn’t work I have $2.00 six and three months and I’m finishing up my

and three months and I’m finishing up my

and three months and I’m finishing up my computer science degree

computer science degree

computer science degree I lost my retirement I got to start all

I lost my retirement I got to start all

I lost my retirement I got to start all over again how do I connect with you how

over again how do I connect with you how

over again how do I connect with you how do I get in the adult toy industry he

do I get in the adult toy industry he

do I get in the adult toy industry he wants to get this thing out so how do

wants to get this thing out so how do

wants to get this thing out so how do you do it so this is a great question

you do it so this is a great question

you do it so this is a great question and Michael you already on your way here

and Michael you already on your way here

and Michael you already on your way here the best way to protect your idea you

the best way to protect your idea you

the best way to protect your idea you have two options one is a patent so

have two options one is a patent so

have two options one is a patent so nobody can copy exactly what you’re

nobody can copy exactly what you’re

nobody can copy exactly what you’re doing or you go with trade secrets and

doing or you go with trade secrets and

doing or you go with trade secrets and that’s more like coca-cola you have a

that’s more like coca-cola you have a

that’s more like coca-cola you have a special recipe you have a special way of

special recipe you have a special way of

special recipe you have a special way of doing things that you don’t want to be

doing things that you don’t want to be

doing things that you don’t want to be made public knowledge and you see

made public knowledge and you see

made public knowledge and you see lasting for hundreds of years so the

lasting for hundreds of years so the

lasting for hundreds of years so the patent is a great way to go the thing

patent is a great way to go the thing

patent is a great way to go the thing with patents okay this is important to

with patents okay this is important to

with patents okay this is important to remember you have to be willing to do

remember you have to be willing to do

remember you have to be willing to do more than just create a patent because

more than just create a patent because

more than just create a patent because the patent costs money and looking at

the patent costs money and looking at

the patent costs money and looking at your situation you don’t have a lot of

your situation you don’t have a lot of

your situation you don’t have a lot of money right so you need to not just

money right so you need to not just

money right so you need to not just create a patent if you’re gonna decide

create a patent if you’re gonna decide

create a patent if you’re gonna decide this is what I’m gonna do with my life I

this is what I’m gonna do with my life I

this is what I’m gonna do with my life I want this sex toy to be the greatest

want this sex toy to be the greatest

want this sex toy to be the greatest thing ever then you need to be willing

thing ever then you need to be willing

thing ever then you need to be willing to go beyond just making a patent you

to go beyond just making a patent you

to go beyond just making a patent you have to get this thing out there I

have to get this thing out there I

have to get this thing out there I remember going to an inventors

remember going to an inventors

remember going to an inventors conference that I was speaking at and

conference that I was speaking at and

conference that I was speaking at and one of the speaker’s was talking about a

one of the speaker’s was talking about a

one of the speaker’s was talking about a toothbrush a toothbrush that had

toothbrush a toothbrush that had

toothbrush a toothbrush that had toothpaste inside the handle and you

toothpaste inside the handle and you

toothpaste inside the handle and you press the button and the toothpaste came

press the button and the toothpaste came

press the button and the toothpaste came up through the bristles and it came up

up through the bristles and it came up

up through the bristles and it came up as you’re brushing your teeth

as you’re brushing your teeth

as you’re brushing your teeth so it’s like a toothpaste and toothbrush

so it’s like a toothpaste and toothbrush

so it’s like a toothpaste and toothbrush all-in-one and there were hundreds of

all-in-one and there were hundreds of

all-in-one and there were hundreds of different patents for this kind of idea

different patents for this kind of idea

different patents for this kind of idea hundreds of patents that are out there

hundreds of patents that are out there

hundreds of patents that are out there have you actually seen going to market

have you actually seen going to market

have you actually seen going to market how many successful toothbrushes have

how many successful toothbrushes have

how many successful toothbrushes have you seen where the toothpaste is

you seen where the toothpaste is

you seen where the toothpaste is somewhere in the handle I haven’t seen

somewhere in the handle I haven’t seen

somewhere in the handle I haven’t seen it I haven’t seen any and so the point

it I haven’t seen any and so the point

it I haven’t seen any and so the point is is a lot of patents there’s a lot of

is is a lot of patents there’s a lot of

is is a lot of patents there’s a lot of patents out

patents out

patents out and most of them are just junk patents

and most of them are just junk patents

and most of them are just junk patents because the inventors don’t do anything

because the inventors don’t do anything

because the inventors don’t do anything with them it’s not enough to have just a

with them it’s not enough to have just a

with them it’s not enough to have just a patent you waste your time and money on

patent you waste your time and money on

patent you waste your time and money on this thing for what you have to get out

this thing for what you have to get out

this thing for what you have to get out there and commercialize it you have to

there and commercialize it you have to

there and commercialize it you have to build a marketing engine you have to

build a marketing engine you have to

build a marketing engine you have to create a movement around it and if it’s

create a movement around it and if it’s

create a movement around it and if it’s not you who’s gonna do it you have to

not you who’s gonna do it you have to

not you who’s gonna do it you have to partner up with people who will one of

partner up with people who will one of

partner up with people who will one of my best suggestions if you’re going down

my best suggestions if you’re going down

my best suggestions if you’re going down the patent route is to partner up with

the patent route is to partner up with

the patent route is to partner up with your lawyer okay a lawyer a law firm

your lawyer okay a lawyer a law firm

your lawyer okay a lawyer a law firm they’re not making a lot of money off of

they’re not making a lot of money off of

they’re not making a lot of money off of you right you’re going them to them for

you right you’re going them to them for

you right you’re going them to them for one patent they know your

one patent they know your

one patent they know your budget-conscious they’re not making a

budget-conscious they’re not making a

budget-conscious they’re not making a lot of money off for you

lot of money off for you

lot of money off for you the companies are making money off of

the companies are making money off of

the companies are making money off of are the huge companies the companies who

are the huge companies the companies who

are the huge companies the companies who you want to sell your product into right

you want to sell your product into right

you want to sell your product into right now your product I’m assuming is

now your product I’m assuming is

now your product I’m assuming is game-changing it’s gotta be you want

game-changing it’s gotta be you want

game-changing it’s gotta be you want companies the license it from you has

companies the license it from you has

companies the license it from you has got to be something special it’s gotta

got to be something special it’s gotta

got to be something special it’s gotta be something nobody has done before

be something nobody has done before

be something nobody has done before something that’s really gonna take off

something that’s really gonna take off

something that’s really gonna take off in the market but the law firms those

in the market but the law firms those

in the market but the law firms those big clients they could get big Billings

big clients they could get big Billings

big clients they could get big Billings from them and I would try to structure

from them and I would try to structure

from them and I would try to structure deal with a law firm who has connections

deal with a law firm who has connections

deal with a law firm who has connections into those companies to either do the

into those companies to either do the

into those companies to either do the patent for you for free or at a

patent for you for free or at a

patent for you for free or at a massively reduced cost and give them a

massively reduced cost and give them a

massively reduced cost and give them a piece of the upside and have them help

piece of the upside and have them help

piece of the upside and have them help you make the introductions to the

you make the introductions to the

you make the introductions to the companies that’s how you can partner up

companies that’s how you can partner up

companies that’s how you can partner up to sell this thing in you could try to

to sell this thing in you could try to

to sell this thing in you could try to do it yourself

do it yourself

do it yourself but it depends on what you want to do

but it depends on what you want to do

but it depends on what you want to do with your life right you want to be the

with your life right you want to be the

with your life right you want to be the inventor or you want to build a company

inventor or you want to build a company

inventor or you want to build a company there are two different things but you

there are two different things but you

there are two different things but you have to do more than just get the patent

have to do more than just get the patent

have to do more than just get the patent you’ve got your provisional patent it’s

you’ve got your provisional patent it’s

you’ve got your provisional patent it’s gonna run out you need to start paying

gonna run out you need to start paying

gonna run out you need to start paying for your patent you got to pay a lawyer

for your patent you got to pay a lawyer

for your patent you got to pay a lawyer to do it and you got to pay annual

to do it and you got to pay annual

to do it and you got to pay annual maintenance fees for each country man

maintenance fees for each country man

maintenance fees for each country man that gets expensive so you have to

that gets expensive so you have to

that gets expensive so you have to decide where you want to take this

who are you gonna partner up with and

who are you gonna partner up with and how are you gonna build your movement

how are you gonna build your movement

how are you gonna build your movement and your marketing machine to turn this

and your marketing machine to turn this

and your marketing machine to turn this idea into a game-changing

idea into a game-changing

idea into a game-changing revenue-producing

revenue-producing

revenue-producing adult toy industry smashing product

adult toy industry smashing product

adult toy industry smashing product believe those be watching you liked the

believe those be watching you liked the

believe those be watching you liked the video give it a thumbs up below let me

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