Questions

I do have mock ups of the idea and have done many searches of the product that I'm trying to make and have not found any similar. It's more of a who I can trust cause these companies out here are just out to get your money. How should I go about this?

You can't trust anyone with intellectual property. If your concept is truly novel, anyone you show it to needs to sign a NDA (non-disclosure agreement).

From there, depending on the product, you want to document and date the invention by applying for patent pending status with the USPTO (United States Patent and Trademark Office).

You'll need an intellectual property or patent attorney to do this correctly.

If you're bootstrapping and low on cash, you're going to need to find an angel investor who can fund this.

The easiest way to get VC funding is to put together a professional prospectus and presentation and then present the product (after execution of NDAs) to companies with similar or complementary product lines.

Once you have legitimate interest from a company, you can easily get VC funding if necessary.

Alternatively, you can always go the crowdfunding route with something like Kickstarter.


Answered 10 years ago

Unlock Startups Unlimited

Access 20,000+ Startup Experts, 650+ masterclass videos, 1,000+ in-depth guides, and all the software tools you need to launch and grow quickly.

Already a member? Sign in

Copyright © 2024 Startups.com LLC. All rights reserved.