Great ideas need funding to make it come true. You might have an idea for a product to replace oil but it will stay as just an idea as you have no funding to make a prototype. But there are other ways to earn money with your idea, just sell it to others!
If you think you have a great idea that you want to sell, here's how you can do it:
#1 - Check at the Patent office and see if your own idea is the same or similar to an existing idea that has already been patented by someone else.
#2 - Then write down your idea and try to describe it as best you could. Then get your documents notarized and dated.
#3 - Then now you can patent your idea at the Patent office. It will protect the expression of your idea, making it hard to steal.
#4 - Start promoting your ideas through online networking first. You should not simply put your ideas anywhere because it can be stolen by people in another country. Your idea is only protected in places that participate in PCT patenting.
#5 - Use social networking to look for potential buyers or contacts that might know other people that will be interested in your idea.
#6 - Visit websites that might be able to utilize your idea and send them a formal email to them explain some details of your idea and leave them your contact information.
#7 - Have people bid for your idea rather than taking up the first offer that is presented to you. You should try to negotiate with different parties so you can pick the best offer.
#8 - When a contract is presented to you, do not sign it immediately. It is better to get a lawyer's help to get a full understanding the content of the contract.
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