In this episode, Ken reveals the 4 things to remember about Patents.
1). Patents can be expensive to obtain.
2). There is NO guarantee of commercial success.
3). There is NO guarantee against patent infringement.
4). Patents are expensive to enforce.
Taken from his book, The Simple Plan - The Six Easy Steps to Make Millions From Your Ideas, Ken provides highlights of the 4 critical things to bear in mind when determining whether or not to seek a Patent.
Thanks for listening to my podcast, I'm always happy to help fellow inventors. Let me know how I can help you. Meanwhile, check out my book. You will learn a great deal from it as it will likely answer many of your questions. Regards, Ken 😊