Want to pitch your invention idea to an expert or entrepreneur in any field of the industry and receive professional prototype, protection and marketing help? Have you ever thought, “I have an idea” now what? Check out these few tips for pitching your latest idea or invention to expert in the field
1.) Write Everything Out
The first part in any idea or invention process is documenting your idea. This is essential to avoid invention idea theft, as you will have proof of your work as well as exact dates of when you began, etc. Make sure you know exactly what you want to say in your pitch before getting started–after all, you do not want to rush things and create a sub-par pitch! Write out your pitch, leave it for a night or two, then review and edit as needed.
2.) Sign Up
Your next step in the pitching process is signing up and meeting with an expert. Once you have your idea or business model you need to make a meeting with an expert to discuses what the net step would be. Most of the time if you are talking with a reputable person in the industry, your idea and models should be confidential. This expert might recommend getting a lawyer to patent your idea, business model, or invention. The expert might also recommend you to an outside company to get the ball rolling on your idea. Be sure that you document everything that you do, emails, conversations, you might need to refer to these notes in the future.
3.) Pitch Your Idea
After you receive information for your expert about your new inventions, it’s time to pitch your idea! Ensure your pitch details what your project does exactly–the more information you provide, the better. Be sure before you fully pitch your idea that all parties have signed a confidentiality guarantee. A confidentiality agreement binds all parties to the agreement. This keeps other experts or Entrepreneurs from taking your idea. Most lawyers and industry experts take this agreement very, very seriously.
During the pitch the more information you provide, the more feedback you’ll receive. What you don’t want is questions about what your idea or business model does or how it will help consumers, so make certain your explanation is clear and you discuss why your idea benefits your target audience.
The Next Steps
Once an Idea Design Studio lets you know they’re interested in working with you, it’s time to develop your prototype with the studio’s experienced team of designers. You’ll gain access to your very own Idea Management System, which includes features such as 3D designs, logo and branding information, technical drawings, sell sheets, and much more.