Patent Attorney and Founder
Hey everybody I’m JD Houvener and you made it to the bowl today’s show I’m your host and this is for you to get your daily inspiration to go make the world a better place [Music]
we’ve been doing our frequently asked questions series and this is actually the end of it for now in this season I want to share with you one of the key questions that we’ve gotten and I’ve shared with you a few answers to this in weeks past but this is the question about okay well will I really get a return on investment for my mind and you know am I gonna make this money back right there’s a burning question even after clients have hired us they probably still wonder this right now oh my gosh this is taking a while I spent a lot of money on this how am I gonna make a money I’m gonna make a return on this and what’s cool is that there’s actually a different way to look at it in terms of risk or liability avoidance when you when you do the research when you do that do it correctly and try to line yourself up in this process so that you will be financially successful by doing a patentability search and looking at all the references all the potential prior art you know same inventions that have already got established rights out there in the industry you can actually insight as to what patents are enforceable right now and a little sneak peek into what’s called an infringement opinion so you can tell whether the product you’re gonna be going to market with may actually step on the toes of another issued patent you know whoops that would be a huge mistake and instead of spending money and wrapping up supply chain and then get in the market now you got to deal with the lawsuit so being smart and doing a diligence upfront is sort of you know a two or three fold benefit into making sure that the product or technology are you’re getting into is whether how much risk is involved so being a smart business owner a smart inventor do it right and work with bold patents to do that I’m your host JD Hoover spend my pleasure going through all of our frequently asked questions this week in a week’s pass I hope you’ll build to reach out to us if you have any questions and want to schedule time to speak with one of our patent attorneys can give us a call at