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
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