Patents and Prototypes – Which Comes First
If you have chosen the path of the product entrepreneur, at some point you will need to answer the question “How should I properly spend my hard earned money? Do I build a prototype first or file a patent application?”. It’s a great question and while everyone’s situation is unique, more often than not it makes sense to build the prototype first especially if you have the capital to do so. There are a few reasons for this. As you begin your prototype development, you will no doubt run across areas of design and function that need...
read moreProtecting IP When Working With An International Team
Here’s the scenario, you’ve come up with a great idea and your team is full of rock stars, but one of the challenges is that your team is broken up and in different countries. Global teamwork in new venture creation is not an isolated situation anymore, with technology advancing so quickly today, working remotely from anywhere in the world is becoming a reality and has helped spawn some of the best companies to date. Phone calls and time differences are minor annoyances, but perhaps one of the most pressing issues is patent filing and IP...
read moreLive Web Show “Gettin’ Down 2 Business” – Features Guest Joe Donoghue
“Gettin’ Down 2 Business” is a Live Web Show hosted by Australian serial Entrepreneur Troy Hazzard. Troy is a national network television host, best selling business author and motivational speaker. He has owned eleven different & successful companies over a twenty year period. Troy has also been a leading business consultant and now an American resident has a weekly national business television commentary into 35 million homes, and to 1.4 million radio listeners…tune in to watch his Live Web Show now… Troy talks about...
read more“Patents and Prototypes” Live Web Show a Success!
Our Live Web Show “Patents and Prototypes” was a success. Eric Hanscom and Joe Donoghue discuss the patent and prototype process, LIVE. If you missed this one, there will be future shows each month… Please check out our schedule and sign up for the next...
read moreContingency Fee Patent Applications
We recently had an inquiry in regards to whether or not we would consider going “in on” an invention idea with a client. Simple answer is we don’t take a percentage for doing the work on a client’s patent idea. This is why: The two biggest problems with “contingency fee” patents are, first, the need for a number of warning documents to the inventor regarding attorneys going into business with their clients, and second, you are “betting” on the inventor being successful. With respect to the second point,...
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