HOW MUCH DOES IT COST TO PATENT AN IDEA?
Inventors also have a method. Lean Prototyping
Lean Prototyping is a clear method for people facing the challenge of turning ideas into products with high possibilities of succeeding in the marketplace. Lean Prototyping is the result of 11 years of experience working with entrepreneurs, inventors and innovation directors of multinationals. It was born out of the most frequently asked questions, the most common errors and the most resounding failures we’ve witnessed. Of course, Lean Prototyping also includes as an ingredient the keys to success of excellent projects with which we’ve had the good fortune to work.
If you prefer not to call it by its usual English name, you can also call it by its other name, “Light prototyping” method.
The method has four fundamental objectives:
- Understand step-by-step the process of turning ideas into products with extremely high possibilities of success in the marketplace.
- Define and optimize the economic resources required for the process of turning an idea into a product.
- Avoid shortcuts in the process of turning an idea into a patent. Shortcuts doom over 80% of inventors to failure.
- Build technically and commercially feasible products.
If you’re a private inventor or head of an innovation department and these objectives do not align with your short-term priorities, I suggest that you stop reading. Otherwise, I guarantee that this method is for you.
Although my aim with this article was just to make you aware of the existence of the Lean Prototyping method, I’ll attach a small graphic sketch here as a preview. During the upcoming weeks, we’ll post instructions for each step. We also have an express 5-hour course during which we’ll explain each step on a one-on-one basis. If you’re interested in the course, please schedule a call so we can explain the details:
How much does the Prototype cost?
Step Nº 1 – From idea to concept and from concept to idea: Refers to the ideation stage. We’ll give you some tips to ensure that, in the innovation process, you never forget that your product must solve a real problem in the marketplace. This post will be available very soon.
Step Nº 2 – Prior art and technical feasibility: We will tell you how you can search, without leaving home or spending any money at all, any possible registered or patented prior art that could threaten your product. Do not get discouraged; here we can lend you a hand and look for alternatives so that you can strengthen your invention and compete in the marketplace. We can also study your product’s technical feasibility.
Step Nº 3 – Prototype design and development: This stage is Let's Prototype main strength. We’ll tell you how we arrive at working prototypes in a very streamlined fashion. In addition, you’ll be able to understand how we adjust the prototype to meet your short-term business objectives. Don’t worry, this is what we do for a living and we’d be delighted to assist you.
Paso Nº4 – Protege lo que inventas: Estoy seguro que cuando lleguemos a esta parte del método, comprenderás por qué patentar antes de tiempo es el peor error que puede cometer un inventor. Apelando al sentido común, definirás que el registro de las patentes o la aplicación de cualquier método de protección legal, es un proceso que debe partir del prototipo, en ningún caso, debe anteponerse, aunque la intuición te diga que evitar que te copien es lo primero. 😉
If you found this post useful, remember that there are thousands of inventors who share your doubts. Help our community by sharing its content.
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Business Director - Inventors' Advisor at Let´s Prototype
Erick Remedios has been linked to entrepreneurship and the launch of innovative projects and inventions for over a decade. His start in the entrepreneurship sector began as the Project Management Director at the network of Private Investors, Business In Fact, S.A., a club of private investors specialized in high-risk investments, which he ended up managing as General Director for at least 5 years.
As the director of the Private Investors network specialized in innovative projects in the startup phase, Erick Remedios participated in more than 40 investment operations, with his main functions being: advising entrepreneurs and inventors, as well as private investors interested in investing in such projects.
Erick Remedios has been one of the influential figures in the development of the ecosystem of entrepreneurs and private investors in Spain. Since 2012, he has participated in numerous private investment forums, has advised entrepreneurial projects as a member of their Boards of Directors, and has served as a lecturer in numerous Public and private Universities, specialized public centers in entrepreneurship, and internationally leading business schools, such as It Aérea Business School, where he leads the management of the Business Model Design Module for entrepreneurs, mostly Aerospace Engineering graduates.
Specialized Centers in Entrepreneurship and the Launch of Innovative Projects where Erick Remedios has participated:
- Direction of the Program - Sanse Emprende from the City Council of San Sebastián de los Reyes, Madrid.
- Direction of the Espoban Program – Diputación de Córdoba and European Center for Business Innovation. Training of entrepreneurs and inventors and preparing them to attract capital through private investors.
- Speaker on the subject of launching innovative projects at Universities such as: Pablo Olavide, University of Seville, University of Málaga, University of Cádiz, University of Huelva, University of Almería, University of Jaen, University of Granada.
- Direction of the Entrepreneurship Module – IT Aérea Business School.
- ENyD Business School: Professor and lecturer in the area of Entrepreneurship and Private Investment.
- Avanza Castellón - Mentor of entrepreneurs and inventors in the program of the Diputación de Castellón.
- Ávila Emprende – Program of the City Council of Ávila. Mentor of entrepreneurs in sales processes and product development.
- Aula UGR- Professor of entrepreneurship and management of launching innovative projects in programs aimed at training teachers from the University of Granada.
- Master Up - Professor of entrepreneurship and investment management in the Official Master's for entrepreneurs from the University of Cadiz.
At the same time, numerous companies have signed Erick Remedios as an advisor and member of their Board of Directors, companies in which Mr. Remedios has also acted as the representative of the private investors who have placed their trust and economic resources, including:
- Tu Fabrica de Eventos
- Baby Radio
- Graffos
- Neurobia Research
- HitsBook
- Bit Credit
- Glelemo
Currently, Mr. Remedios is leading the international expansion of Let´s Prototype in the United States, while also advising inventors on startup processes for projects related to innovative Hardware or Software elements, both in terms of product design, a specialty of Let´s Prototype, and in terms of designing strategies for selling inventions and patents.
Interviews with Mr. Remedios and publications authored by him in Media:
- School of Business and Management: [Link](https://www.youtube.com/watch?v=ch3nRTFvxhw)
- Diputación de Córdoba. Training for Investors: [Link](https://www.youtube.com/watch?v=Cj2fvxkD-zI)
- Spanish Television - Program Emprende: [Link](https://www.youtube.com/watch?v=vZRi98CE20M)
- TV2 - Spanish Television: [Link](https://www.youtube.com/watch?v=ms22bxyllKc)
- University of Cadiz: Article for Inventors: [Link](https://emprendedores.uca.es/lean-prototyping-el-puente-entre-el-concepto-el-prototipo-y-las-patentes/)
- University of Granada: Article for Inventors: [Link](https://ugremprendedora.ugr.es/6-tips-para-convertir-tu-idea-o-concepto-en-prototipo-lean-prototyping/)
Latest posts by Erick Remedios (see all)
- Ventajas competitivas de los produtos innovadores - November 15, 2024
- Tipos de negocios rentables para emprender en USA - October 1, 2024
- Best 3D printing firms - August 28, 2024
