do I need a patent so a great question for one of my YouTube viewers Adarsh
for one of my YouTube viewers Adarsh
for one of my YouTube viewers Adarsh love you guys and the dark road in to
love you guys and the dark road in to
love you guys and the dark road in to say thank you so much Evan that’s great
say thank you so much Evan that’s great
say thank you so much Evan that’s great guidance on your side as far as a patent
guidance on your side as far as a patent
guidance on your side as far as a patent is concerned is it a good idea to
is concerned is it a good idea to
is concerned is it a good idea to officially get the patent I know there’s
officially get the patent I know there’s
officially get the patent I know there’s pros and cons but other other ways
pros and cons but other other ways
pros and cons but other other ways possible as well I feel like one can go
possible as well I feel like one can go
possible as well I feel like one can go raw with one’s idea to set a deal with
raw with one’s idea to set a deal with
raw with one’s idea to set a deal with someone who feels it they’re in need of
someone who feels it they’re in need of
someone who feels it they’re in need of such an idea then a smartly designed
such an idea then a smartly designed
such an idea then a smartly designed proposal may be playing wonders am i
proposal may be playing wonders am i
proposal may be playing wonders am i right
right
right so basically this I’m up do I need a
so basically this I’m up do I need a
so basically this I’m up do I need a patent or can I just go in with a great
patent or can I just go in with a great
patent or can I just go in with a great pitch and a great proposal here’s the
pitch and a great proposal here’s the
pitch and a great proposal here’s the thing Adarsh is a great question it
thing Adarsh is a great question it
thing Adarsh is a great question it really depends on what your goal is
really depends on what your goal is
really depends on what your goal is because a lot of inventors get screwed
because a lot of inventors get screwed
because a lot of inventors get screwed out of money for their inventions
out of money for their inventions
out of money for their inventions because they make bad business decisions
because they make bad business decisions
because they make bad business decisions they go in without a pot here’s what’s
they go in without a pot here’s what’s
they go in without a pot here’s what’s gonna happen I don’t know what your
gonna happen I don’t know what your
gonna happen I don’t know what your product is I don’t let your idea is say
product is I don’t let your idea is say
product is I don’t let your idea is say you see you have a new kind of headlight
you see you have a new kind of headlight
you see you have a new kind of headlight for a car okay this is the best kind of
for a car okay this is the best kind of
for a car okay this is the best kind of headlight ever you’ve invented this new
headlight ever you’ve invented this new
headlight ever you’ve invented this new headlight the way that inventors will
headlight the way that inventors will
headlight the way that inventors will typically make the most amount of money
typically make the most amount of money
typically make the most amount of money and to get this product out there is to
and to get this product out there is to
and to get this product out there is to license it to a car manufacturing
license it to a car manufacturing
license it to a car manufacturing company it’s not to go out and try to
company it’s not to go out and try to
company it’s not to go out and try to build the headlights yourself and then
build the headlights yourself and then
build the headlights yourself and then try to sell them to the Home Depot’s of
try to sell them to the Home Depot’s of
try to sell them to the Home Depot’s of the world it’s to get in the actual car
the world it’s to get in the actual car
the world it’s to get in the actual car manufacturing get a deal done and every
manufacturing get a deal done and every
manufacturing get a deal done and every time they use your headlight they’re
time they use your headlight they’re
time they use your headlight they’re paying you a royalty that’s the best way
paying you a royalty that’s the best way
paying you a royalty that’s the best way to do it and then you can go on
to do it and then you can go on
to do it and then you can go on inventing something else and you’re paid
inventing something else and you’re paid
inventing something else and you’re paid every time they sell a car with your
every time they sell a car with your
every time they sell a car with your headlight so here’s challenge those
headlight so here’s challenge those
headlight so here’s challenge those that’s the goal for a lot of inventors
that’s the goal for a lot of inventors
that’s the goal for a lot of inventors okay the challenge is when you go and
okay the challenge is when you go and
okay the challenge is when you go and you talk to a car company if you just go
you talk to a car company if you just go
you talk to a car company if you just go with the proposal they’re gonna say well
with the proposal they’re gonna say well
with the proposal they’re gonna say well wow it’s a great idea right if they
wow it’s a great idea right if they
wow it’s a great idea right if they actually like it well it’s a great idea
actually like it well it’s a great idea
actually like it well it’s a great idea do you have a patent are you saying no
do you have a patent are you saying no
do you have a patent are you saying no they’re just gonna do it themselves
they’re just gonna do it themselves
they’re just gonna do it themselves why do they need you they have a whole
why do they need you they have a whole
why do they need you they have a whole team of engineers we’re gonna say okay
team of engineers we’re gonna say okay
team of engineers we’re gonna say okay engineers go build this and you can be
engineers go build this and you can be
engineers go build this and you can be cut out of the deal and this happens all
cut out of the deal and this happens all
cut out of the deal and this happens all the time
the time
the time and inventors get get screwed out of
and inventors get get screwed out of
and inventors get get screwed out of deals out of money because the companies
deals out of money because the companies
deals out of money because the companies that they sell to realize hey we’re good
that they sell to realize hey we’re good
that they sell to realize hey we’re good just do this ourselves we don’t need
just do this ourselves we don’t need
just do this ourselves we don’t need this guy the only thing that protects
this guy the only thing that protects
this guy the only thing that protects you is the patent now on top of that
you is the patent now on top of that
you is the patent now on top of that here’s what’s gonna happen this idea of
here’s what’s gonna happen this idea of
here’s what’s gonna happen this idea of a patent yes I have a patent oh great as
a patent yes I have a patent oh great as
a patent yes I have a patent oh great as soon as you leave the room if they
soon as you leave the room if they
soon as you leave the room if they really like your idea they’re gonna turn
really like your idea they’re gonna turn
really like your idea they’re gonna turn to their technical guys and say how can
to their technical guys and say how can
to their technical guys and say how can we get around this patent is there a way
we get around this patent is there a way
we get around this patent is there a way to build this headlight and not use his
to build this headlight and not use his
to build this headlight and not use his patent can we get around that somehow
patent can we get around that somehow
patent can we get around that somehow and if they can find the way they’re
and if they can find the way they’re
and if they can find the way they’re probably going to do it and again that’s
probably going to do it and again that’s
probably going to do it and again that’s cynical that that kind of sucks but
cynical that that kind of sucks but
cynical that that kind of sucks but that’s how a lot of these things go down
that’s how a lot of these things go down
that’s how a lot of these things go down and unless you have the patent you’re
and unless you have the patent you’re
and unless you have the patent you’re not protected it’s great to think that
not protected it’s great to think that
not protected it’s great to think that if I put my idea out there and you know
if I put my idea out there and you know
if I put my idea out there and you know people love it they’re gonna want to
people love it they’re gonna want to
people love it they’re gonna want to hire me they’re gonna pay me for it
hire me they’re gonna pay me for it
hire me they’re gonna pay me for it that’s not how it usually works for a
that’s not how it usually works for a
that’s not how it usually works for a lot of inventors and a lot of venters
lot of inventors and a lot of venters
lot of inventors and a lot of venters end up becoming super jaded super
end up becoming super jaded super
end up becoming super jaded super unhappy because they may even see their
unhappy because they may even see their
unhappy because they may even see their inventions take off and somebody’s
inventions take off and somebody’s
inventions take off and somebody’s making millions off of it and they’re
making millions off of it and they’re
making millions off of it and they’re living at the poverty line because they
living at the poverty line because they
living at the poverty line because they didn’t get the patent for it and they
didn’t get the patent for it and they
didn’t get the patent for it and they can enforce it and they didn’t make good
can enforce it and they didn’t make good
can enforce it and they didn’t make good business decisions so I don’t want that
business decisions so I don’t want that
business decisions so I don’t want that to be you if you have a great idea that
to be you if you have a great idea that
to be you if you have a great idea that you think can work with a big company
you think can work with a big company
you think can work with a big company then you need to have the patent to
then you need to have the patent to
then you need to have the patent to protect yourself otherwise they’re gonna
protect yourself otherwise they’re gonna
protect yourself otherwise they’re gonna go right around you now in terms of
go right around you now in terms of
go right around you now in terms of steps
steps
steps patents are expensive right like you
patents are expensive right like you
patents are expensive right like you have to really believe that this is
have to really believe that this is
have to really believe that this is something that can change the world but
something that can change the world but
something that can change the world but your first step can be getting a
your first step can be getting a
your first step can be getting a provisional patent and it’s a lot
provisional patent and it’s a lot
provisional patent and it’s a lot cheaper and it gives you basically a
cheaper and it gives you basically a
cheaper and it gives you basically a year to go out and prove that you can
year to go out and prove that you can
year to go out and prove that you can commercialize this and you’ve a year to
commercialize this and you’ve a year to
commercialize this and you’ve a year to go out and try to sell it you’re gonna
go out and try to sell it you’re gonna
go out and try to sell it you’re gonna go and try to make some money off of it
go and try to make some money off of it
go and try to make some money off of it before deciding to get the full patent
before deciding to get the full patent
before deciding to get the full patent or not
or not
or not so if I were you if you had a great
so if I were you if you had a great
so if I were you if you had a great business idea you have a great invention
business idea you have a great invention
business idea you have a great invention that you’ve made that can change the
that you’ve made that can change the
that you’ve made that can change the world
world
world go get the patent and protect yourself
go get the patent and protect yourself
go get the patent and protect yourself because that is what’s going to help
because that is what’s going to help
because that is what’s going to help bring you the money believe those are
bring you the money believe those are
bring you the money believe those are watching let me know you think did you
watching let me know you think did you
watching let me know you think did you get a patent are you thinking about a
get a patent are you thinking about a
get a patent are you thinking about a patent leave a comment below I’d love to
patent leave a comment below I’d love to
patent leave a comment below I’d love to hear your story if you like this video
hear your story if you like this video
hear your story if you like this video thumbs up below click on my face
thumbs up below click on my face
thumbs up below click on my face subscribe to the channel thank you so
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subscribe to the channel thank you so much I’ll see you soon
”
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