Business Capital

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Anonymous
Business Capital 2016-02-06 18:36:06 Post No. 1080500
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Business Capital Anonymous 2016-02-06 18:36:06 Post No. 1080500 [Report]

What is the appropriate way to approach people regarding investing in my business?

I have designed several products with the intent to patent and sell them over the past 3 years, however patents are expensive and at least two of my designs have been recently rolled out by big name companies.

I could apply for provisional patents but they only last a year from date of file and, I will not be able to pay my attorney to file a non-provisional patent within a year.

Should I file provisional patents and pitch the product to companies to buy me out, or simply get capital ASAP and file standard patents?

I have no sentimental connection to nearly all of my products and don't care about my inventions being bought-out.

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Anonymous 2016-02-06 18:37:46 Post No.1080503
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Anonymous 2016-02-06 18:37:46 Post No.1080503 [Report]

Skip the attorney.

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Anonymous 2016-02-06 18:43:14 Post No.1080512
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Anonymous 2016-02-06 18:43:14 Post No.1080512 [Report]

All you need to know is that the core of the economy is trust. If people don't trust you, they don't buy anything off of you

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Anonymous 2016-02-06 18:47:09 Post No.1080520
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Anonymous 2016-02-06 18:47:09 Post No.1080520 [Report]

>>1080500
>I have designed several products with the intent to patent and sell them

If you won't support your products, then why should I as an investor?

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Anonymous 2016-02-06 19:04:52 Post No.1080550
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Anonymous 2016-02-06 19:04:52 Post No.1080550 [Report]

>>1080503
My attorney said they'd charge $40 to file each provisional since they're fairly simple, so that's not the issue, but should I file provisionals at all. Non-provisional patents are much more expensive (read 10k range) and my attorney suggested I go to a dedicated patent attorney for them.

>>1080520
That was ambiguous, apologies, I meant to patent them and sell the products myself, not to patent them with the express purpose of selling the rights.

I realize I don't have the ability to manufacture some of them currently, so I am open to selling the rights to some of the more complicated designs to get capital for producing the others.

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Anonymous 2016-02-07 18:50:46 Post No.1081857
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Anonymous 2016-02-07 18:50:46 Post No.1081857 [Report]

>>1080500
Bump