I've followed every step read the book and IM IN THE GAME!! Even if nothing turns out as of now it's a GREAT feeling to just call companies send in sell sheets!! Thank you all for all the info!!
@@inventRight I have an idea for a multi trillion dollar revolutionary product of the century... I must prepare to execute this pitch to a major retailor without a patent bc I can't afford something that china don't care about anyways.. Plz get back to me with any advice
Thanks for the info. Its always good to drill these things in. Its easy to forget when you get in the midst of talking with companies. Its reassuring to hear it from Damen.
the NDA across state-lines is eye-opening. Some people don’t know that if you are visiting another state and are charged with a crime, you AREN’T going to have the option of hiring your high-school buddy hometown hero defense attorney. no, you’re looking at expensive flights to court hearings in another state and hiring a lawyer that you have no prior experience with who is licensed in that other state. off-topic but the principle is the same. Best to keep your need to know circle small and truly need to know.
Even if they did steal your idea. How much power does an ordinary person really have, to notify the inventors/product developers' community to make them aware of their bad deed???
What if there is clause in the NDA that is questionable. Should I push back and ask for revisions or removal of questionable clause? And if they won’t make revisions should I move on and not do business with them?
Negotiating licensing contracts - including non-disclosure agreements - is one of our specialties. Find out more about how we can help: www.inventright.com/contact
Question: Is it possible that you develop such a good relationship with your licensing company who licensed one of your “patent pending” products before and you eventually don’t need to do PPA’s because you will always be giving them new ideas?
Hello again, I have a question. When you file a PPA what are the different scenarios that would cause you to lose your “patent pending” rights? Thank you!
How do you get a ppa for just a design change. For example like back board idea it was just a design change no mechanism of intellectual property? I have a design change on something that works already
Hello please i have a question that is so important please help: I will go and see an investor in Dubai and then another one in India, and i want to know if PPA’s are only valide in Us or also in other countries? Thank you so much for the informations that your sharing !
I have an idea for a product which effects ones daily life and is a more efficient way of doing so. Will be used daily in the kitchen as well as by athletes. Where do I go from here?
Pick up a copy of Stephen Key's award winning book on how to license an idea in 10 simple steps: www.amazon.com/One-Simple-Idea-Revised-Expanded/dp/1259589676. It's the quickest and best way to get familiar with the licensing process. Thanks for watching!
I can't afford 1800 for a ppa at the moment, and it's not easy to write a %100 correct patent description considering has has to be properly filed the first time... any suggestions?
Read Stephen's book Sell Your Ideas With or Without a Patent, which will teach you how to write your own PPA for $65: www.amazon.com/Sell-Your-Ideas-Without-Patent/dp/1507885733.
Hi guy's, another great video thanks. can I just ask? is it necessary to file "claims" in your ppa? or is that something you'd advise against at the early stage? Thanks again :)
Thanks @ inventRightTV...You guys are helping many people.. As to what I understand from this , if one has a PPA s/he really shouldn't bother about NDA..However if it is suggested to have an NDA along with PPA, is there any format for it. Can one draft on his own..Appreciate if someone can clarify....Thx again..
You can search Google for examples of non-disclosure agreements. IPWatchdog.com has more resources: www.ipwatchdog.com/tradesecret/sample-confidentiality-agreements/. And here's more on the relationship between PPAs and NDAs! www.inc.com/stephen-key/what-to-do-when-your-provisional-patent-application-is-about-to-expire.html. Thanks for watching!
I recently approached a prototype company for a Non-terminating agreement NDA in UK, and I was told that: For any contract/agreement to be valid, it must have a start and end date meaning (2, 3 to 5 years’ time limit). While a perpetual time limit would invalidate the non-disclosure agreement. (Is that assessment accurate???).
the NDA across state-lines is eye-opening. Some people don’t know that if you are visiting another state and are charged with a crime, you AREN’T going to have the option of hiring your high-school buddy hometown hero defense attorney. no, you’re looking at expensive flights to court hearings in another state and hiring a lawyer that you have no prior experience with who is licensed in that other state. off-topic but the principle is the same. Best to keep your need to know circle small and truly need to know.
I've followed every step read the book and IM IN THE GAME!! Even if nothing turns out as of now it's a GREAT feeling to just call companies send in sell sheets!! Thank you all for all the info!!
That's so, so awesome. Thanks for sharing!
@@inventRight I have an idea for a multi trillion dollar revolutionary product of the century... I must prepare to execute this pitch to a major retailor without a patent bc I can't afford something that china don't care about anyways.. Plz get back to me with any advice
Thanks for the info. Its always good to drill these things in. Its easy to forget when you get in the midst of talking with companies. Its reassuring to hear it from Damen.
the NDA across state-lines is eye-opening. Some people don’t know that if you are visiting another state and are charged with a crime, you AREN’T going to have the option of hiring your high-school buddy hometown hero defense attorney. no, you’re looking at expensive flights to court hearings in another state and hiring a lawyer that you have no prior experience with who is licensed in that other state. off-topic but the principle is the same. Best to keep your need to know circle small and truly need to know.
Even if they did steal your idea. How much power does an ordinary person really have, to notify the inventors/product developers' community to make them aware of their bad deed???
What if there is clause in the NDA that is questionable. Should I push back and ask for revisions or removal of questionable clause? And if they won’t make revisions should I move on and not do business with them?
Negotiating licensing contracts - including non-disclosure agreements - is one of our specialties. Find out more about how we can help: www.inventright.com/contact
Question: Is it possible that you develop such a good relationship with your licensing company who licensed one of your “patent pending” products before and you eventually don’t need to do PPA’s because you will always be giving them new ideas?
In some industries, exactly that might happen - some care less about IP than others.
Thank you for the reply, may I ask which industries those would typically be?
Can you do a video on how to submit a formula PPA please
Hello again, I have a question. When you file a PPA what are the different scenarios that would cause you to lose your “patent pending” rights? Thank you!
This question is better directed to a legal professional, which we are not. Thank you for watching!
inventRightTV BUT YOURE DISCUSSING LEGALITIES LIKE YOU ARE!?!
But you cannot file a PPA for a design patent correct?
Correct. Here's more information on design patents: www.inc.com/stephen-key/how-to-license-a-design-patent.html
So with my PPA I really should not even need a NDA . Right ?
How do you get a ppa for just a design change. For example like back board idea it was just a design change no mechanism of intellectual property? I have a design change on something that works already
You might consider a design patent.
If somebody runs their mouth, there’s other ways of dealing with it😂😂😂
excellent as always!!! You guys are the best!!
Hello please i have a question that is so important please help:
I will go and see an investor in Dubai and then another one in India, and i want to know if PPA’s are only valide in Us or also in other countries? Thank you so much for the informations that your sharing !
I have an idea for a product which effects ones daily life and is a more efficient way of doing so. Will be used daily in the kitchen as well as by athletes. Where do I go from here?
Pick up a copy of Stephen Key's award winning book on how to license an idea in 10 simple steps: www.amazon.com/One-Simple-Idea-Revised-Expanded/dp/1259589676. It's the quickest and best way to get familiar with the licensing process. Thanks for watching!
Thanks guys , I am learning a lot from your videos. Being a Canuck , would it be wise to do a ppa in Canada first or USA first? cheers Ken Spillman
I can't afford 1800 for a ppa at the moment, and it's not easy to write a %100 correct patent description considering has has to be properly filed the first time... any suggestions?
Read Stephen's book Sell Your Ideas With or Without a Patent, which will teach you how to write your own PPA for $65: www.amazon.com/Sell-Your-Ideas-Without-Patent/dp/1507885733.
Hi guy's, another great video thanks. can I just ask? is it necessary to file "claims" in your ppa? or is that something you'd advise against at the early stage? Thanks again :)
Thanks @ inventRightTV...You guys are helping many people..
As to what I understand from this , if one has a PPA s/he really shouldn't bother about NDA..However if it is suggested to have an NDA along with PPA, is there any format for it. Can one draft on his own..Appreciate if someone can clarify....Thx again..
You can search Google for examples of non-disclosure agreements. IPWatchdog.com has more resources: www.ipwatchdog.com/tradesecret/sample-confidentiality-agreements/. And here's more on the relationship between PPAs and NDAs! www.inc.com/stephen-key/what-to-do-when-your-provisional-patent-application-is-about-to-expire.html. Thanks for watching!
I recently approached a prototype company for a Non-terminating agreement NDA in UK, and I was told that: For any contract/agreement to be valid, it must have a start and end date meaning (2, 3 to 5 years’ time limit). While a perpetual time limit would invalidate the non-disclosure agreement. (Is that assessment accurate???).
We give business advice not legal. Please consult an attorney. Thanks for watching.
Do NOT discuss legal issues like you’re a legal professional please. Thank you.
the NDA across state-lines is eye-opening. Some people don’t know that if you are visiting another state and are charged with a crime, you AREN’T going to have the option of hiring your high-school buddy hometown hero defense attorney. no, you’re looking at expensive flights to court hearings in another state and hiring a lawyer that you have no prior experience with who is licensed in that other state. off-topic but the principle is the same. Best to keep your need to know circle small and truly need to know.