Is it Presentation Ready?
Most people that come up with a new idea have identified a need in the marketplace on how to improve what is currently taking place.
Whether it's a new product, an improvement to an existing one, or something that will make life easier, or more enjoyable, the invention is something that is very clear in the mind of the person that conceived it. When a new product is invented, it's extremely important others understand the invention. In history, many new inventions never got off the ground because, beyond the person that came up with the idea, very few people understood and appreciated the idea. Idea people are great at coming up with new ideas, but not always as effective at explaining them.
Ask yourself these questions to determine if your idea is presention ready:
Question 1:
Is your idea just a thought in your mind at this stage?
Question 2:
Is the idea easily explained to people?
Question 3:
Is the idea a product that has moving parts?
Question 4:
Have you disclosed your idea to anyone?
Question 5:
Do you have to be in an industry, or specific job to understand the idea?
Question 6:
Have you made a prototype of your idea?
Question 7:
Does your idea cater to the average consumer?
Question 8:
If the invention was on a table, would people understand what the product does?
Question 9:
Is the idea for a new product that does not currently exist?
Question 10:
Is the idea for an improvement to an existing product?
Question 11:
Is there any protection on the idea?
Question 12:
Have you tried to get the invention on the market before contacting Davison and have not been able to?
Question 13:
Have you seen anything hit the market similar to your idea since coming up with it?
Question 14:
Have you done any research on the new product idea?
Question 15:
Are you experienced in product presentations?



