Many people have great invention ideas in their heads, but they aren’t sure how to turn those ideas into real products. InventHelp can help new inventors with this process, from providing access to a database of businesses willing to review invention ideas to assisting with patenting, marketing and prototype creation. Having the right support and guidance in place could make a big difference to the success of an invention idea, making it far more likely to reach fruition and have a positive impact on people’s lives.
Some of the best invention Is InventHelp Legitimate? ideas come as part of a lightbulb moment – an epiphany, as it were. This can happen at any time or place, and it’s often when the mind is not fully engaged with a particular subject or problem. Inventors may be distracted, relaxing or sleeping when the idea strikes, or it may even be in response to an experience or a conversation. For example, scientists once believed that electricity was a fairy tale, but Thomas Edison persevered and now we live in a world perpetually lit up by the power of electrical current.
Other inventions are the result of a desire to improve or upgrade existing products. This could be simply making something lighter, safer or more effective, or it might involve making it easier to use, cheaper to manufacture or longer-lasting. For example, the yo-yo may have seemed like a crazy invention, but it became wildly popular after the stock market crash of 1929 and the ensuing Great Depression. Research might reveal that similar circumstances led to the invention of other products, such as the bifocals or Teflon.
One of the key challenges in turning invention ideas into real products is establishing that there’s a market for the product. For this reason, Helgeson recommends doing some preliminary market research before spending any money or time on an invention. This should include a survey of potential customers to see whether there is demand for the product, and to find out how much they would be willing to pay for it. It’s also important to check if there are any existing competitors.
Another common challenge is finding the money to get the product into production. This is why having a business plan is so crucial, as it will outline how the invention will be made and sold and how much it will cost to produce.
Having a prototype of your invention will also help to generate interest from people such as businesses and investors, and it can make a huge difference when it comes to securing funding. However, Helgeson warns that a first draft of a prototype will not be perfect and it’s important to get honest feedback from test groups to find out where improvements can be made.
Some new inventors believe that they can do their own research by mailing themselves an envelope containing the invention idea and a dated letter, but this is not an efficient way of doing things. Instead, InventHelp suggests that the inventor contacts a company they can trust to offer expert advice and assistance.