I have a Idea that will revolutionize the way we watch sports but I think it's too early and don't have the funding or connections to even get close to a prototype it's gonna cost millions

Do you have to have a working prototype and patent to begin with to apply to Gateway? And how much is that in Canadian dollars?

I invented suitcases on wheels in 1977 (?). They were patented in 1987. My father was carrying extremely heavy suitcase, he needed to stop every 10 meters. A woman passed us with a Stroller! I told my Father that since he is "master Engineer" he can put WHEELS on SUITCASE and make new invention. He had resources since he was Mechanical School Principal with all the machines ready! My father beat me for this. He said it was "STUPID"to which, I replied yelling: "NO! It's SMART! YOU ARE STUPID!" lolol. :') *spank! spank! spank!*

by going to cashier demanding to see manager and screaming for corporate number.

Good day Mr Key, I am reaching out from South Africa, where I am in the early stages of developing a innovative technology. My proof of concept has been successfully completed, and I have engaged with a reputable Patent Law firm to explore intellectual property protection. Currently, I am building a prototype to refine my design concepts, which will be included in the provisional patent application. My technology has far-reaching market potential, with applications in multiple industries, including: - Home and consumer markets - Food processing and manufacturing - Hospitality and entertainment sectors As I explore licensing opportunities, I am interested in knowing whether your firm considers international markets, such as South Africa, for potential partnerships and collaborations. Looking forward to your response and potential discussion on how we can work together to bring this innovative technology to market. Best regards, Frans

Doesn't an inventor need to select a company with a legal department large enough to crush the knock-offs that are sure to show up?

Hello, I have 4 questions, do you guys recommend to use AI to: 1-Write a solid PPA. 2-Create an effective marketing brochure. 3-Create a great digital prototype. 4-Produce a list of companies in the same segment as the product to be licensed.

That sounds scary and expensive.

Thank you for the lesson. I'm happy to be a member. Dana is a superstar.

Regarding office actions, why would the USPTO be charging you anything because you came up with an idea? It seems a little incentivized for them to just never approve any patents, ever…if they knew they could charge another $10K+ and still wait months or years for it without it ever being approved or looked at. Like how would anyone ever tackle something they’ve created?

Thanks for sharing the Video

Save to "Watch Later." Save to "Watch Later." Those were helpful - oh another. Save to "Watch Later." F*ck it, Subscribe!!

I like the fact that you are open on all these details. Thanks !

Cool business

Good job team!!

I know the feeling Steve I lost some money and not that much You lost more sorry to hear that That's why my product is not out on the shelves today.

I need help i have a low cost material pocket sized gold detector, no batteries required

$2,000 to $20,000 is an attainable goal post if you're serious about your product, and more importantly it gives you a rough goalpost. It is totally understandable how it could vary by 10x. This young fellow is clearly offering a missing piece beyond the idea and legal end of the business in making it a tangible reality for investors. Very cool.

You can skip at least the first minute without missing anything.

Checking it I’m at the coaches corner my patent pending

Checking if I’m in with inventory help yet

I like the buzz lightyear

Excellent

CAM stands for Computer Aided Design for the new folks. 😊 👍🏻

how broad should a patent be? is there a chance of it not being granted if too broad? how to avoid workarounds?

I have my all-plastic working game prototypes professionally 3D printed for $200-$500. This price includes all of the CAD work too. I just do drawings with all of the measurements. They usually get done in 1 to 2 weeks. One of them I've licensed and is on the market. So shop around locally.

You did not comment on probably the most important part. The cost of tooling and molds?

Thanks sir

it takes a couple of hours for making manufacturing drawings/CAD drawings of simple products and not more than a few days for making a little complex assembly drawings along with animations

Learn about Gateway here: inventright.com/gateway

If you can’t draw I would encourage you to download a tracing app to model the robot and people figures using it.

I have two how can I join you

Love it!! Specially the escalating royalty. Din't know that's a thing! 23:28

Great interview. Very helpful,thank you

Where can I find the contact info to the guest? Thank you.

Superb interview !

Thanks, it's great. Please, can you show share with us the PDF file?

Do you have any step by step guides for a completely beginner inventor? From beginning to the end.

I'm no inventor, But your lessons are interesting. 💭🤔💭🤔💭

I finally found you. Been searching for you for a while to shoe my son

Excellent analogy between a Prenup and an NDA. I like Dana, you can tell she's been in the trenches.

Mahalo for the insight always a learning experience with Dana more with her

Mahalo Coach, for the insightful considerations in the process

So. Holding your rookie entisiasm and being polite, wise and knowledgeable to looks professional even when you are not yet, is the best way to get closer to a licencing deal. Great advice. Thank you Stephen and Dana.

Can somebody please reach out to me?

Yey Dana Dane!

I love it too fantastic 👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻

Idea

Hi, you are doing a great job and i want to thank you, keep doing this videos cause i think you can help a lot of people change their life, i also have some ideas to create new products for the market, and i want to ask you, if the idea is good can i present the idea to some investors who already have the licence to sell or they just have the money neccessary to create the product ,isn't that the easiest way for me? What you think?