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Listen to How to file a patent application by Ken Mages MP3 song. How to file a patent application song from Ken Mages is available on Audio.com. The duration of song is 14:56. This high-quality MP3 track has 384 kbps bitrate and was uploaded on 3 Nov 2024. Stream and download How to file a patent application by Ken Mages for free on Audio.com – your ultimate destination for MP3 music.
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This transcription is discussing the topic of patents and the importance of protecting ideas. It explains the concept of provisional patents, which provide a temporary timestamp for an invention, allowing inventors to test the market and make improvements before filing for a non-provisional patent. The transcription also highlights the importance of strategic planning and choosing the right type of patent based on business goals. It emphasizes the need to research the market, gather feedback, and consider long-term plans. The transcription concludes by mentioning the importance of keeping good records and understanding the legal aspects of the patent process. All right, get ready because we're diving headfirst into patents today. Oh yeah. I'm sure you've been wondering like, how can I keep these ideas safe? These great ideas I have. Well, we're going to break it all down for you. Like, how do you even get started with the whole process and what are the strategic choices you got to make along the way? Yeah, you know, it's crazy how many awesome inventions never actually make it out there. You know, people just, they don't know how to get started. We're going to fix that today. We've got some great resources we're going to be using. There's this really helpful YouTube tutorial by John Farrell. He walks you through how to file a provisional patent electronically. Then we've got this interview with Kenneth Mages. He's invented so much stuff. Yeah. He's like a patent whisperer, this guy. Exactly. And we've got this LegalZoom article too. It explains the difference between provisional and non-provisional applications. Makes it crystal clear. It's like we've got this patent playbook, you know, ready to go. Yeah. We're going to make this whole process easy peasy. Yeah. And give you the tools you need to protect your ideas. Right. So first things first, we've got to talk about provisional patents. Yeah. Kind of like, you know, you're dipping your toes in the water before you jump all the way in. Right. Exactly. It's a great option if your invention is still in those early stages. It's a cheaper way to establish what they call your invention priority date. Oh, okay. Which basically means it's an official timestamp for your idea. So it's kind of like you're planting your flag saying, hey, this is my invention. I was here first. Exactly. And the best part is it's surprisingly simple. This John Fertile guy in his YouTube tutorial, he walks you through each step of filing electronically. Okay. He makes it look so easy. You could like follow along and do it yourself in like 20 minutes. Wow. Yeah. I always thought filing a patent was like really complicated and you know, like you need lawyers and all that. Yeah. But it sounds like the provisional patent application is made for regular people. Yeah, for sure. And it's not that expensive. Especially for individual inventors or small businesses. John, he actually breaks down the fees and everything. Wow. And he explains how you might even get a lower rate, like a micro entity rate. Interesting. Now, the LegalZoom article had this analogy I really liked. Imagine you're making a sandwich for your dog. Oh, right. And to protect it from, you know, other hungry people in the house, you put it in a jar. Uh-huh. That's kind of what a provisional patent is like. Yeah, yeah. It's like that protective jar. Right. It's a temporary thing. It gives you time to work on your recipe. Or in those case, you know, perfect your invention. Yeah. Before you jump into the non-provisional patent process, which is more official and it costs more. And that time is really important, right? Yeah. It's not just about keeping your invention safe. Yeah. It's about using that time strategically. Absolutely. You get a whole year. It's like a golden opportunity to see what the market's like. You know, make your design even better and make sure that your invention is actually solving a problem that people really care about. Again, it's made as easy and better. We mentioned before, he totally agrees. He really emphasizes how important it is to make sure there's actually a demand for your invention out there in the market. Yeah. Why rush into a non-provisional patent? You can use that year you get with the provisional patent to really set yourself up for success. That's a great point. It's like building a house, right? Yeah. You wouldn't start with the roof. Nope. You got to have a good foundation first. That's what the provisional patent helps you build. And all while you're building that foundation, you've got that priority date locked in, which means your invention is protected. Exactly. Like a safety net. While you're making your invention even better. It's such a smart system. Like you can try things out, you know, change your design, even go in a totally different direction and you won't lose that priority date. It's like you're buying yourself time to make smart decisions. Okay. So we've got a pretty good idea of what a provisional patent is. It's like that first strategic move. Yeah. You can test the waters before you really dive in. But what about the non-provisional patent? When does that come in? What's different about that? So the non-provisional patent, that's the big leaks. It's the one that gives you exclusive rights to your invention. Okay. And it lasts for a longer time. I see. It's like a fortress. It protects your invention once it's all polished up and you're ready to go to market. Got it. Yeah. Okay. So this fortress, this non-provisional patent, it sounds like a big deal. It is. Like it's more complicated, costs more, but in the end it gives you a lot more protection. Yeah, for sure. But just like you wouldn't build a fortress on like shaky ground. Right. You wouldn't file for a non-provisional patent without really thinking it through, you know, planning it out. And that's where Kenneth Majors comes in. He knows his stuff. Yeah. He's got tons of experience. Over a hundred patents. Exactly. So he must have some great advice. Oh, he does. He says getting a patent is only part of the story. Okay. You need a good business strategy too. He wants inventors to think about their goals. Like, are you starting a whole company around this invention or do you want to license it to a bigger company? Or maybe you just want to stop other people from copying you. So it's about more than just keeping your invention safe. Yeah. You got to think about how the patent fits into your whole business plan. Makes sense. And that's where choosing the right type of patent is super important. Right. Like we were saying, provisional patents are great for testing the market. But if you're serious about selling your invention and making sure nobody else profits from it, then you need that non-provisional patent. It's like using the right tool for the job. Exactly. You wouldn't use a hammer to screw in a light bulb. Nope. Each type of patent has its own purpose. And Kenneth Majors has some smart advice about when to file. He says, wait on the non-provisional application until you know people actually need your invention and that you can actually sell it. Until you've got some sales. Yeah. He even compares it to car insurance. You don't buy insurance until you actually have the car. Right. That's a great analogy. No need to spend all that money on lawyers and filing fees. Right. Unless you're sure your invention is going to take off. Exactly. But how do you know if your invention's got that special something you know? That thing that makes people want to buy it. Right. How do you know if it's got that market appeal? Well, that's so great about that provisional year you get. It's your chance to get feedback. Oh, okay. Try out different versions of your product and see if it really solved the problem that people are willing to pay to have solved. You could make prototypes, do surveys, even launch a crowdfunding campaign. Crowdfunding. That's a great way to see how people react. Right. Before you invest a ton of money. Exactly. And remember during that provisional year, you can change things up based on the feedback you're getting. Okay. You can tweak your invention and you won't lose your priority date. Oh, that's great. Yeah. That timestamp that shows you the first one with the idea. So it's like a whole year of research and development, but with legal protection on top of it. Yep. You're not just messing around in your garage. You're strategically setting yourself up for a successful launch. Exactly. And while you're testing your invention, you should also start thinking about your long-term plan. Yeah. We talked about different paths you can take. Right. Like building a company. Licensing your technology. Right. Or just making sure nobody else can copy your idea. Each path's got its own challenges and rewards. For sure. Kenneth Majes says, you got to do your research. Talk to people in the industry. Okay. Go to trade shows. Find out who your competitors might be. Learn about the industry. Yeah. The more you know about the market, the better decisions you can make. It's like scouting out the area before you go into battle. Exactly. You need to know the terrain, who the players are and what you might run into. So as you learn more about the market, you can start getting things ready. For the path you choose. Right. If you're starting a company, you might work on your business plan. Get funding. Put together a team. If you're thinking about licensing, you've got to research who might want to license your invention and get your pitch ready. So it's about using that provisional year to make things happen. Not just waiting around. Exactly. And as you're working on your invention, keep good records. Like documentation? Yeah. All the details of what you're doing. Okay. That'll be really important if you decide to file for a non-provisional patent. So you can show what you've done. It's like billing your case. I see. Showing proof that this invention is yours. It sounds like this provisional year is really busy. It is. It's like a sprint. You got to make the most of every day. But remember, it's also a marathon. You need to pace yourself. Right. Stay focused and don't forget what you're aiming for. So we've talked about how to do things, the steps involved and the strategy behind it all, but what about the legal side of things? Ah, yes. The legal stuff. Yeah. That's where things can get a little tricky, but you need to understand the basics to be successful. So let's say we filed that provisional patent application and we used that year to really like make our invention better and figure out if people want it. Now what? Are there any legal things we've got to worry about? Well, first things first, you've got to make sure your invention can actually be patented. Oh, okay. Not every idea qualifies. Makes sense. So what are the rules? How do you know if your invention's like, you know, patent worthy? It's a good idea to talk to a lawyer early on, but basically your invention needs to be novel, useful and non-obvious. Okay. Novel, useful, non-obvious. Can you explain that a bit more? Sure. Novel means it's brand new. Okay. It's like nobody's ever done it before. Useful means it has a practical use, you know, it actually solves the problem. Right. And non-obvious means someone who knows a lot about that kind of thing wouldn't just think of it right away. So it can't just be like a small change to something that already exists. Yeah. It's got to be something truly new and innovative. Gotcha. And this is where a patent attorney can really help. Definitely. They can tell you if your invention meets the requirements and help you with all that complicated legal stuff. So they're kind of like a guide through this whole patent process. Exactly. They know the ins and outs and can help you avoid any problems. All right. So let's say we know our invention is patent worthy. We filed a provisional patent and we use that year to make sure it's a good idea and figure out our business plan. Right. What's next? Do we automatically file for a non-provisional patent then? Not always remember that provisional year is about making smart choices. Right. By the end of that year, you should know if people actually want your invention, what your business schools are and who your competitors are. So it's time to decide. Yep. Do you go for the non-provisional patent or do you maybe try something else? And what are some things to think about when making that decision? Well, first, did you prove that your invention is a good idea? Like, do people actually need it? Right. And can you actually sell it? If not, maybe it's time to move on to the next idea. Yeah. But if you know you're onto something good and you're ready to take it to the next level, then it's time to get ready for that non-provisional patent application. And this is where all that documentation we were talking about comes in. Oh yeah. All those records you've been keeping. It's like showing all your work. Exactly. You're presenting your case to the patent office, you know, proving that your invention deserves to be protected. You got to be organized and have everything ready to go. Absolutely. That non-provisional patent application needs to be super detailed and complete. Okay. It has to explain your invention really clearly, what it does, how it works and how it's different from anything else out there. And this is where having a good patent attorney is super important again. Totally. They can help you write a really strong application. Okay. One that follows all the rules and shows how unique and valuable your invention is. They'll also help with the patent examination process, right? Yeah. That's when the patent office takes a close look at your application. They'll compare it to other patents and inventions that already exist. To make sure it really is new, useful and non-obvious. Exactly. It's a pretty thorough process. But if you've done everything right. And you have a good team. You'll have a much better chance of getting that patent protection. And once you have the patent, what happens then? Well, then you have the exclusive right to make use and sell your invention. For a certain amount of time. Yeah. It's a really powerful thing. It can help you build a successful business. Okay. Attract investors and ultimately share your vision with the world. This has been so interesting learning about the whole process. Yeah. From that first idea, all the way to getting it protected. We've figured out how patents work, explore the different types of applications, and gotten some great advice from an experienced inventor. We even talked about the legal stuff. Right. And the business side of things. And how important it is to have experts helping you along the way. If there's one thing I hope you take away from this deep dive, is this. What's that? Don't let your ideas just sit there, you know. Right. Take action, protect your ideas and chase those dreams. The world needs your inventions. Exactly. Go out there and make a difference. Until next time, keep those creative juices flowing. Remember the only limit is your imagination. That's right. This is the deep dive signing off. Happy inventing everyone.
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