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From Patent to Profit: Secrets & Strategies for the Successful Inventor 3rd Edition

4.3 out of 5 stars 31 customer reviews
ISBN-13: 978-0757001406
ISBN-10: 0757001408
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Frequently Bought Together

  • From Patent to Profit: Secrets & Strategies for the Successful Inventor
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  • The Complete Idiot's Guide to Cashing In On Your Inventions, 2nd Edition (Complete Idiot's Guides (Lifestyle Paperback))
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  • Invent It, Sell It, Bank It!: Make Your Million-Dollar Idea into a Reality
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Editorial Reviews

About the Author

Bob DeMatteis is the inventormarketer of twenty US patents that have been licensed and successfully commercialized. He is the founder of the From Patent to Profit ® and the Patents in Commerce™ training series, two programs designed to help and assist fellow inventors.

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Product Details

  • Paperback: 432 pages
  • Publisher: Square One; 3 edition (February 7, 2004)
  • Language: English
  • ISBN-10: 0757001408
  • ISBN-13: 978-0757001406
  • Product Dimensions: 8.5 x 2 x 11 inches
  • Shipping Weight: 2.2 pounds (View shipping rates and policies)
  • Average Customer Review: 4.3 out of 5 stars  See all reviews (31 customer reviews)
  • Amazon Best Sellers Rank: #607,358 in Books (See Top 100 in Books)

Customer Reviews

Top Customer Reviews

Format: Paperback
I have found this book to be an invaluble asset as I have brought my idea through the patent process, and especially now as I am beginning to market it. From patent searching to explaining the nuts and bolts of the entire patent process I cannot say enough about how well it is written. As well, I have come to the conclusion that without reading this book I certainly would not have known how to REALLY go about getting my product to market! It is written in easy to understand language explaining the do's and don'ts of the entire process. I found the information given about how to detect and avoid the scam artist involved in the invention industry especially interesting. The companion "frompatenttoprofit.com" website was very useful in this regard. What I found most valuable about this read was how well the author details how to bring a product to market with a minimum of resources being spent. An acquaintence of mine so far has poured over $200,000 into his invention with no results. If he only would have read this book first, he would have known how to avoid such risk!
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Format: Paperback
I read the 3rd (Orange cover) latest edition. A "wannabe" who is prototyping a software idea, I have looked at about 4 books to help me in the patent process.

The Good:

He tells you not to rush your invention. Instead of rushing to file a Provisional Patent Application, I am slowly building the prototype.

The Bad:

1) In the section on patent searching, He mentions only PatentHunter to download patents, which has a per year subscription cost of about a hundred dollars. (On the PatentHunter website I read that it was designed by patent attorney Michael Neustel).

That is fine but I was annoyed to find that no mention at all is made of the completely free resources that can help you download patents like pat2pdf, patentfetcher (you can find them using any search engine).

2) Some places in the book seemed unrealistic and rather exaggerated. He mentions that it costs $250K to fight an infringement and 10 times that for a software patent; that attorneys will be glad to help you fight (for free) if you split the proceeds, so dont worry about infringement.

Who has that much money lying around to spend defending an idea? (Not me). For a more realistic true account, read the good book "Inventing Made Easy" by Tom and Roger Bellavance. One of his inventions was repeatedly and blatantly infringed upon and he lost a lot of money and became disillusioned by it. His conclusion: patents do NOT provide you with any protection unless you are a corporation with deep pockets.

3) Patent Attorneys are not infallible and I think that they can make mistakes every step of the way and simply spending a lot of money and hiring one will not insure you from mistakes.
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Format: Mass Market Paperback
Since 1987, this author has received 14 patents and has achieved a 100% success rate in developing and marketing them. This is particularly impressive when you consider only about 3% of patents earn any money at all for their inventors. In this handbook he shares his hard-acquired knowledge concerning product creation, patenting, licensing, manufacturing, and marketing.

The author, Bob DeMatteis, offers several opinions that differ from what other writers in the field currently offer. For example, he puts down the need for a business plan if you go the licensing route. He never wrote one and feels that the company licensing your invention should and will do their own plan. However, getting an honest, unbiased evaluation is good even though potential licensees will want to gather their own facts.

In his chapter on invention strategy, he calls attention to the fact that inventors often fail to grasp that marketing and manufacturing can take 68% to 93% of your time.

In America, he points out; we have a fascination with thinking big. But the key to success is often in thinking small. That is filling a small (niche) market. He notes that it is often the fourth or fifth improvement patent that results in a commercial breakthrough. He notes how the Japanese have applied this principle with great success.

He stresses the importance of customer-driven innovations (CDIs). He lists a dozen areas where the right invention can turn customers on. For example, the environment area is now a hot button area and if you can double the life of a product, you also reduce trash by one half.

In the past, a basic design guide was "form follows function." Today, he suggests that "form follows emotion." He writes, "Don't kid yourself.
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By A Customer on August 12, 1999
Format: Mass Market Paperback
From Patent to Profit is the first book anyone considering developing a new idea should buy. FPTP catapulted me right into licensing negotiations. It teaches who to talk to, how to talk to them, and how to protect yourself and your product. FPTP is very thorough yet easy to read. It takes you step-by-step from idea to profit. A priceless book!
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Format: Mass Market Paperback Verified Purchase
I had an idea for a product, but didn't know where to go from there. I borrowed this book from the library, and it not only answered all my immediate questions, I'm ordering it as a reference to use through the whole "patent to profit" process. Great book!
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