Listen

Description

Send us Fan Mail

Wehavecometoastepthatmostinventorsarenotenthusiasticabout,ifallowedmanywill
subconsciouslywanttoskipthisstepforfearofconfirmationtheir inventionideahasalreadybeen
created,patentedandworsetheywillcomeacross theproductidea forsalemakingtheoriginal
Inventormillions.HereisafamousquoteIthinkaboutwhensearchingforaproductidea,
CharlesH. DuellwastheCommissionerofUSpatentofficein1899.Mr.Deull'smostfamousattributed
utteranceisthat"everythingthatcanbeinventedhasbeeninvented." Obviouslythiswasnottruebut
Iamheretoletyouinonalittlesecret,don’tbefearful, worriedorhesitanttodosomein-depth
searchingonyouridea.ChancesareveryhighthatyourInventionhasbeendeveloped,possibly
patented,andmaybeevenforsalecurrentlysomewhereintheworld orhadbeenatsomepointintime.
WhatIamsayingisthatyouridea orsomethingclosetoit ismostlikelyouttherealready.Nowhere is
thegreatpartandthiswhyIstatedearliernottobeworriedaboutcomingacross yourproduct idea ora
closederivativeofitwhileperformingasearch foranythingsimilartoyourInvention.

Financial Matters with Richard Oring

Richard Oring, from New Century Financial Group in Princeton, New Jersey, discusses...

Listen on: Apple Podcasts