I Have An Invention Idea But No Money – 8 Ways To Do It
Are you the creative and innovative type of person? Do you have an idea for an invention, but you do not have the money?
Here are some ideas to inspire you in pushing through your new product ideas:
1. Examine Your Product Or Service
When drafting the details of your invention, you need to consider if this is really useful and something people will want to pay money for.
Selling them outright means you will be giving up your overall rights and permanently transfer the ownership to the other person or company for an agreed fee.
3. License Your Invention
Licensing your invention means that you will still have the rights to the invention, and you can rent out the rights to use or sell them.
4. Create A Prototype
Having a working prototype is an important step in making your idea profitable and valuable.
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