by BILL CHANDLER
Protect Your Patent Rights! Before you start designing, patenting, marketing, or even thinking about your invention, start keeping an inventor’s journal. Patents are granted to whoever can prove they thought of the invention and worked on it continuously for the longest period of time. That’s why this journal may end up being your most valuable asset! Watch Bill Chandler’s video so you don’t make this fatal mistake.
~ View Invention Journal Video ~
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Why keep an Inventor’s Journal
The United States Patent and Trademark Office awards patents to the “first to invent” a new product. “First to invent” is defined by who worked on the invention “continuously and persistently” for the longest period of time. It is therefore imperative that you document your invention’s conception date and consistent progress you have made since that time. It is also important that you do not let much time go by between entries. Doing so may increase the risk of losing your patent rights to an inventor who started after you and documented their progress. This inventor could actually be granted a patent on a product that you invented first if you did not document your progress adequately. Not only can your inventor’s journal be of great value in court, it can also help you keep track of critical resources and contact information as you proceed.
When to start using an Inventor’s Journal
The moment you think of an invention is the best time to start a new inventor’s journal. If you have been developing your invention for a while without documenting your progress, go back and recreate as much documentation as possible, enter it in your journal, and document meticulously from then on.
How to use your Inventor’s Journal
Enter basic information and describe your invention in detail at the beginning of the inventor’s journal. Then, use your inventor’s journal to document every step you take as you develop your invention. A step may consist of a phone call, an idea, a meeting, progress made, new material information, bids received, or anything else that substantiates the development of your invention. Even thinking about improvements to your invention while you are laying in bed can count as development, as long as you document it. It is a good idea to have others witness your progress by signing and dating your journal entry after a meeting or a significant event. It is also appropriate to make drawings, reference significant documents, or attach photos, receipts, or quotes.
Inventor’s Journal Guidelines:
• Use a pen, not a pencil. The idea is for your entries to be permanent.
• Don’t black out or erase mistakes. Cross them out and initial them.
• Include diagrams or photographs of your invention when possible.
• Do not tear out any pages, X them out if you need to.
• Sign and date all entries at the time they are made.
• Have witnesses sign and date entries when possible.
• Have your inventor’s journal notarized when appropriate.
• If you have more than one invention, use a separate inventor’s journal for each invention.
This inventor’s journal, when properly used, may end up being your most valuable asset. Inventors often fail to make journal entries because they forget, don’t think it’s important, or they want to do it “right.” Don’t worry about staying inside the box or making your entries perfect. When it comes to protecting your intellectual property rights, documentation is essential, and any entry is better than no entry at all.
More information is available at: www.theultimateinventorshandbook.com
“Before you blow $1,000 on an invention development company, or waste another year wondering what to do next, read this book!” ~ Dr. Larry Tadlock
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ISBN: 978-0-9639167-5-4
List price: $9.95
Publisher direct: $7.96 (Save 20%)
The Ultimate Inventor’s Journal $7.96
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