I know
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Inventors are easy prey for unscrupulous people. We’re emotionally attached to a great idea. We love to hear how wonderful our widget is, and how successful it will become. Naturally, we welcome unsolicited interest and assistance from others. We imagine such great rewards. Our invested time and money become justified, necessary and often encouraged by new found friends.
But, responding to assistance for product development often places our name on a suspicious mailing list. Enthusiastic product promoters appear from nowhere. Inventors become bombarded by golden opportunities promising likely profit. If our patent is issued, we're mailed personal congratulations from unfamiliar marketers - and it appears long before the official USPTO announcement arrives. The inventor is promised a means of marketing, mass distribution and corporate presentations. We hear bragged abilities and promised results to encourage the next payment plateau. Actual results are always anticipated if not assured. Meanwhile more funds are requested. Novice inventors have particular trouble telling the good guys from the bad. No-one needs a whistleblower more!
Thankfully, inventors have reputable clubs, associations and other sources that preach scam awareness. Blogs, newsletters and networking issue alerts on who or what to avoid. But, we still hear tearful tales of unfortunate friends being tormented by ugly realities of product pursuit. And money continues to be wasted on imaginary assistance.
When finally selling product, we’re duped by devious marketing contracts. They often include orchestrated penalties hiding deep within vendor compliance terms. Inventors and entry vendors often lack patience or understanding of intricate shipping rules, labeling, delivery windows and designated carriers. Your invoice payments may (surprisingly) show imposed deductions for chain store advertising, new store openings and defective merchandise allowances. Such things remain legal, usually identified by fine print, and seldom emphasized as important – until your ravaged check awakens personal concern. Didn’t anyone tell you?
Lucky inventors learn such things early from their peers and seasoned sources. Mentors will
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