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?
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Here are some ideas to inspire you in pushing through your new product ideas:
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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.
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2. Selling
Outright
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.
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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.
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4. Create A Prototype
Having a working prototype is an important step in making your idea profitable and valuable.
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I Have An Invention Idea But No Money
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