It's been years since I started a thread here. This one isn't so complicated, so let's see how it goes.
Note that, about 10 years ago (!?!?) I went through Stephen Key's training to understand the ins and outs of licensing my ideas. I'm going to use that process here.
I've had an idea kicking around my head for a few years. A consumer product that I just cannot believe noone makes/is selling.
I finally got around to doing something about it:
Progress so far:
Next steps:
Create a "Stephen Key" style sell sheet - now with the words "Patent Pending" - 1 hour estimate.
Populate a follow-up spreadsheet, to keep track of who I contact and when. - also 1 hour
Start the product submission process. - maybe 10 minutes/submission....
Note that, about 10 years ago (!?!?) I went through Stephen Key's training to understand the ins and outs of licensing my ideas. I'm going to use that process here.
I've had an idea kicking around my head for a few years. A consumer product that I just cannot believe noone makes/is selling.
I finally got around to doing something about it:
Progress so far:
- Hired someone on Fiverr to make a couple of simple diagrams. - $22
- Wrote up a Provisional Patent (with ChatGPT's help - but I edited it some.)
- Submitted the patent application to the USPTO - cost $60 (certified myself for micro-entity status)
- Had ChatGPT create a list of 15 companies that are in this space who sell in the retail market, along with the link for submitting a product idea.
Next steps:
Create a "Stephen Key" style sell sheet - now with the words "Patent Pending" - 1 hour estimate.
Populate a follow-up spreadsheet, to keep track of who I contact and when. - also 1 hour
Start the product submission process. - maybe 10 minutes/submission....
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
