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re: Does Anyone Here Have a Patented Product?

Posted on 3/3/15 at 10:25 am to
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
18928 posts
Posted on 3/3/15 at 10:25 am to
And realize that a patent is WORTHLESS if you don't have the financial means to defend it. I have seen that a ton, guy goes all in to get the patent and then doesn't have a penny to file against the very first person who infringes.

You know what I tell 90% of the people who approach me with ideas they want to patent? Develop the product and sell it to someone with the financial backing, staff lawyers, manufacturing and distribution mechanisms already in place. Unless it is one of the truly "big" ideas (not very likely) you are better off taking the smaller immediate payout by selling it.
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