March 2020 I had this great idea. An invention that can elevate the cooking game and become a home brands and helps hundreds of thousands of homemakers. So I thought "What to do now that I had this invention idea?". Obviously, the first thing was "Google it! So I did. I then applied for a provisional patent to secure my invention and priority date. and went head on to find a solution to have the invention developed.
Most of the solutions revolved around working with some product developers workshops, and in my case, someone who would "help" bring the product to the marker. I contacted a couple of those and had myself a phone call with one of them. It was definitely an eye opener but ended with a huge ask. "You're looking at a 25k to start and up to 25k to develop your invention and have a proof of concept. And I thought like inventors think "There must be another way!".
The other way for me was to have the invention designed, and then try to prototype it myself. However, the actual solution was to have someone else develop it for my and share the proceeds. Because at the end of the day, I want to continue to invent and not be bound to a multiple-year journey developing a single invention. And hence, I had my other patent application ready.
This time, it's not about my inventions. it's about the millions of inventions that end up hanging on walls like trophies. That's more than 90% of granted patents every year. If we are collaborating to invent, the risk to self and other's loss is minimized and each and every invention has its clear shot at success. And that's what we do in IntegraPitch. we Lift Ideas, together.