Then, it was discovered after that infuriating experience during which I wanted a refund that, despite conveying all of my contact information to the graphics department accurately, they then put the wrong telephone number on the sell sheet!!! 7) Another alternative is for you (or investors) to finance the manufacturing of your idea on a small-scale. They offer lots of resources to help inventors bring their ideas to market. Visit inventRight.com for more info. Depiction of any trademarks/logos does not represent endorsement of inventRight LLC, its services, or products by the trademark owner. inventRight, LLC United States Phone: 1-800-701-7993 Web: inventright.com Category: Inventions Unfortunately, no one will pay you for it because its in the public domain. Most Voted; Most Viewed; Most Discussed; Recent; Featured; Random; 504 0. Amy Jo Brogan. Corporate Advocacy Business Remediation and Customer Satisfaction Program. Although my comments are protected by the First Amendment, many of these firms want to protect their yearly profit $2M $6M dollars. Youre just dealing with a bunch of hustlers who know how to build-up your hopes and dreams and grab your money. I see you submitted through a lot of company online portals. Cofounders, inventRight - Out for the Money, Turn Backs on Inventors. Bottom line, I was not contacted by any of the over 20 companies I reached out to despitemy best efforts in following the guidelines provided by inventRight. It's called licensing. We do not market your invention or idea on your behalf. What they fail to relay to potential clients is the cold, harsh reality relative to your low percentage of success contrasted with the high degree of financial outlay. 9) How many lawsuits have been filed against the invention company for misrepresentations, fraud or wrongdoing? You may revoke your consent at any time by any reasonable means. The coach finally had to intervene on my behalf which included lengthy delays due to excuses such as vacations, etc., by the graphics department. Good luck getting to sixty thousand got in the fist six thousand. In a short three weeks I have learned a tremendous amount from both Stephen and Andrew and Stephens style of teaching is so energizing and motivational. Great coaches to help with licensing a product idea. (8) research reports per month at an avg. "Keep on inventing! Congrats Stephen! We coach and mentor so that you can license your idea to a company. is the case, you have the right to make the complaint and have it investigated if you believe the officer behaved improperly. Thats because they receive huge commissions on your payments. What if the same exact idea is already in a patent-pending status? I have found that the Inventor's community is amazing, especially the InventRight community. However, after sending it out to several companies, I realized they had my phonenumber wrong on the sell sheet. I am a creator. Continue reading. Stephen Key, your wealth of knowledge you share You offer continuous help, knowledge, and inspiration, Stephen Key! We do not share in any revenue from your invention or idea. Ive even had the opportunity to contribute to a number of the books in the photograph.Who knew picking up One Simple Idea all those years ago, would have had started such a compound series of life defining events!? Love it when naughty kids become entrepreneurs My son will surely love to have you as a mentor! They don't deserve my money and I demand it be returned ASAP. Inventright Complaints - Invention Stories Didn't make me feel inadequate. inventRight Everything You Need to Know about "Invention Marketers" Posted on July 3, 2018 by Thomas Hammersmith (copyright 7/1/15 - updated 3/2/19)* You're about to get the "inside scoop" on invention developers. It was fantastic, Stephen! We are not an invention submission company. Their team comprises experts who have genuinely "been there and done that". My idea list is growing out of control and I need to get the confidence to move forward with them. Trending. Only 1 has followed up after. I look up to you Stephen thank you for showing me the way of inventing. You may revoke your consent at any time by any reasonable means. Now, youre thinking wow my idea will be a great success. Your consultant might say, it could be on the market by Christmas, and the royalties will be phenomenal! You start seeing dollar signs big money is coming your way. Wrong any mention of royalties is the bait theyre using to reel you in. What do you want to do for the rest of your life? Heres the link for that video. I have a great coach and meet with him weekly he uses the same 10-step system to license his own products and he has been down this same road many times before. 6) When the invention company promotes your invention at a trade show how are your patent rights protected? I've been thinking about taking their course myself, yes they are very expensive. We do not market your invention or idea on your behalf. The quality of their services does not match the exorbitant cost. Please use the calendar below to schedule a complimentary consultation with an inventRight Advisor. At this point, the clients relations rep will be concerned. Ive been rewatching all of the p People come to me about once a month to say I have an invention, what do I do? In most cases, its a waste of money because designs can be altered easily. Citizen complaints and any reports or findings relating to complaints must be retained by this agency for at least five (5) years. He tells you that the company is excited about your idea and its time for the next step. For me, InventRight has been a complete "game and life changer," and their YouTube channel is an invaluable resource that anyone aspiring to become an inventor should regularly refer to for valuable tips and advice. 139 Share 9.1K views 7 years ago Scott is a professional product developer. However, if you hire an invention promoter your chances of success are zero. r/Entrepreneur. inventRight does not profit from the sale of any of these products. Im one of your fans of the book and the InventRight program! Only 2% of all patents have made money. So, the truth is, your new idea is probably not new to either the invention promoter or The Patent Office. Utility Patents vs. Limited forms of Protection. Tell her no only a full refund. https://inventright.com/buyers-guide/ These are just some of the products our students have licensed. inventRight | LinkedIn The InventRight YouTube channel is THE TRUTH. In fact, one owner paid a fine of $10 million dollars to the FTC, and hes still in business! This way, youll stay excited about your idea and continue to pay big fees to the invention company. Does anyone have any experience being a student of inventRight? - Reddit Operating Status Active. Copyright 1997-2023 Ripoff Report. inventRight Privacy Policy This Privacy Policy describes how your personal information is collected, used, and shared when you visit or make a purchase from https://inventright.com (the "Site"). Being among inventors who are actively licensing products made me realize this is what I want to do with my life. They have plenty of money to spend on lawyers who threaten to silence their critics. Who's crazy enough to start this website? when a manufacturer expresses interest. SO NOW IM DOING THE LICENSING MYSELF, GUESS THERE WILL BE ALOT OF LONG NIGHTS, OH WELL, BEATS GETTING CAUGHT UP IN THIS DARK DARK RABBIT HOLE! It literally changed the course of my life. If you make a complaint These client relations reps will renew your hopes and calm you down, but dont be fooled theyre just stalling to wear you down over time. Thank You! #inventRight #entrepreneurship #coaching. As crazy as it sounds, you might be able to work together with the patent holder and form a joint venture (make sure your patent attorney is involved). We are not an invention submission company. After researching inventRight, it was the only company that really felt like it would be a 'home' for him, because he wanted to master the licensing process with the ultimate goal of becoming a full-time product developer. All these products are currently on the market and you can click on links to buy their products. However, if you want to manufacture it yourself and then find distribution outlets (or sell it directly to the public) you can move forward. Check out more than 100 products for sale right now that were invented, developed, and commercialized with our help. Tell her no and this time you should mention that youre thinking about contacting an investigative journalist on TV. Thank You Mr. Key. The reality is: Most products wont get licensed. Naturally, your consultant wants to pocket your $10,000 before you pay a patent attorney. Your following proves the quality of the work, which in turn helps us improve the world with good ideas! The process | follow for reaching out to companies is strictly from this book. inventRight has been helping its members for over two decades. We understand your frustration and possibly overwhelm with the process. inventRight teaches and helps people bring their ideas for new products to market through licensing. Episode 101Dana Knowles and the Hanging Shower Caddy. Yes, there are plenty of resources available for students. Gee, let me get bent out of shape over $300 when one hour of advise is just dabbling in a market that may full well make me millions? The truth is: these invention companies have no engineers, no experts on anything, no legitimate patent lawyers and no real royalty payments. It doesnt sound like you even know us, so please dont lump us in with the bad guys. We do not share in any revenue from your invention or idea. It must be efficient, affordable and scaleable. InventRight also offers tons of online resources for inventors, videos, templates, sell sheets, training sessions, PPAs and more. I have learnt quite a bit from your books and YouTube channel. Soon, youll receive a contract for $500 $1500 for a research report. These reports are filled with standard language (boilerplate) that describe the various stages for developing any invention. Stephen Key and Andrew Krauss are the cofounders of inventRight, a coaching program that has helped people from more than 65 countries license their ideas for new products. . Create a provisional patent application quickly and easily with our guided software. I have seen other testimonies online after my own experience reflecting the reality of not achieving licensing utilizing inventRight's services and their profound disappointment. I would like more information about bringing my product to market. Thank you Stephen, its been a while since we connected. One Simple Idea is an informative, easy to follow read that breakdowns the overall licensing process. Hi Mindy, We are sorry you didnt feel like your one-hour Kickstart call with our inventRight coach Terry O'Mara was helpful. Thank you for organizing. So, don't inventRight dare accuse me of not aggressively pursuing the licensing of my product. Overall, there is little evidence that detox diets help eliminate any of these compounds. by robert_bear 3 years ago 1 year ago. This company responds to reviews on average within 26 days Positive reviews (last 12 months): 58.3% View ratings trends 3 See all photos The inventors, developers encyclopedia one simple idea, Thats phenomenal, Stephen. I followed their instructions implicitly insofar as contacting the correct person/department. Luckily, they're not the only game in town. I appreciate everyone from Inventors Groups of America, inventRight and especially Keith Chapman for the education! Their 10-Step System enables the development of valuable skills and resources such as prior art, IP management, market research, competitive analysis, prototyping, networking, pitching, negotiating, and more. We provide a custom list of 60 or more executives at companies matched to your new idea.