Our friends at www.donbebelak.c om have the same goals of helping inventors succeed that we at the shop4patents.com and Law Office of Steven B. Leavitt, L.L.P. do. They frequently share articles with us that we believe to be of interest to our readers. The third of a three part series called Gel Factors appears below.
Gel Factors Part 3: Long Life This is the third part of a three part series discussing Don Debelak’s business model evaluation method called Gel Factors. This last part will discuss the L in Gel: Long Life. Having long life means that you will profitably stay in business for a long time. This usually has to do with how much money is needed for investment to start up, how much money is made from each sale and how much money is needed to stay in business. The most important of those three is how much money is made from each sale. But even businesses with high profit margins can easily become unprofitable if the cost of keeping up with market trends or protecting their market share is too high. To continue this article click here
After devoting countless hours towards developing your idea, filing a patent application, and all the other time consuming and expensive parts of developing an idea, the last thing you want is to try to commercialize your product and have it fail. There are three big errors that independent inventors and big companies both make when it comes to commercializing their product that cause the product to fail. Listen to last week’s edition of Entrepreneur Magazine’s inventions, Patents and Beyond to hear Bonnie Griffin Kaake discuss these errors with hosts Jillian Freed and Attorney Steven Leavitt. Just go to wsradio.com
If you have invented a food product -it might be of interest to you. General Mills seeks the next big idea. Be sure to note, within the article, the phrase: The fine print: the technology must have a patent or patent pending, and the new product should be on the market somewhere in the world.
General public, meet General Mills.
The company behind Cheerios, Yoplait and Hamburger Helper wants someone out there to tinker their way into the next great food idea. The $12.5 billion company said it will lend its strength to anyone who has a new technology or a new product that makes a good fit for the corporation. The fine print: the technology must have a patent or patent pending, and the new product should be on the market somewhere in the world.
click here to read more: (more…)
The USPTO has issued its first accelerated patent. The first patent was issue for a printer ink gauge, was issued in 6 monthes and saved the inventor almost 18 months of review.
Accelerated examination allows any innovator in any technology to get a full patent review and decision within twelve months,” noted Jon Dudas, under secretary of Commerce for Intellectual Property. In return for cutting the time to obtain a patent decision by 25-75%, the agency asks the applicant for a better application and process. Inventors who want speedy results can get them, so long as they help improve the process.”
If you have a new patent you’re applying for this could save you considerable time in receiving your patent. You will need to provide the USPTO with more focussed and detailed information so the examiners can more quickly come to the correct decision on your patent.