Josh
Rolla,#2Consumer Suggestion
Wed, July 20, 2011
There is a very common misconception among a bunch of people that all you need to make a lot of money is an idea. Companies like Invent-Tech prey on that misconception, which is not true at all. Even if your idea is truly groundbreaking, you still need to actually do the legwork to go from an idea to at least an issued patent (and more likely a finished prototype) before you will get a single other person or company to care about you or your invention. This is a lot of work, it costs a lot of money, takes a lot of time, and involves a lot of risk. $10k is not even enough to file and prosecute a single patent application, so why would you think they would do all that and more?
At the minimum, you should have filed a provisional patent application before you even talked to anyone about your invention. Provisionals only cost about $100, and you don't really need a lawyer. There is an excellent book by Nolo Press (Patent It Yourself), which covers all aspects of a patent application. Once you file a provisional, you have a year to file a real application (during which time you can shop the idea around). A real patent costs somewhere between $10k and $25k, depending on how much work you do yourself and how complicated it is to write and prosecute.
Not to mention, you can't just patent a fuzzy general idea, you need to patent a specific embodiment -- and yet the patent needs to be sufficiently broad to cover all possible variations. Just so you know, a 3 minute google search found a patent for a heated steering wheel from 1920 (patent number 1,358,451), so you were only about 80 years too late. There are still plenty of improvements on that general concept being filed, but they are all very specific and protect a particular implementation (for example, one using a conductive fabric material as a heater). And really, even most issued patents are mostly worthless, because they are easily gotten around. Getting a patent that's actually good for something is next to impossible.