The RIGHT Time To File a Patent Application [Insider Information]

When should you file a patent application? Choosing when to start the patent process is a critical decision for startups. Waiting too long can result in your patent rights being inadvertently forfeited, but filing too early can be a waste of precious capital that locks you into a timeline of costs that your company may not be prepared for.

The right time to file a patent application is ultimately based on a combination of business and legal factors, which unfortunately is why there is a lot of bad information out there when it comes to patents for startups. Admittedly, bad information sometimes even comes from well-meaning patent attorneys who don't understand the unique needs and life cycle of startups and who instead plan patent protection in a legal vacuum that fails to account for the business impact of patents.

This video walks you through the legal and business considerations for when to start the patent process and how to make a patent plan for your unique business.
#patent #patents #patentapplication #patentstrategy #patentlaw #intellectualpropertylaw #inventortutorial #inventions #startup #startups #startupcompany #startupbusiness #startupadvice #startupguide #startuptips #startuptalks

Additional Patent Resources:
My best-selling book, Patents Demystified: https://amzn.to/2MX5le9
The top book on licensing your idea or invention: https://amzn.to/3tDLSib (One Simple Idea by Stephen Key)
When to file a patent application: https://www.dwt.com/blogs/startup-law...
Is software patentable: https://www.dwt.com/blogs/startup-law...
My appearance on CNBC’s “The Profit” with Marcus Lemonis: https://www.cnbc.com/video/2019/11/08...

**** DISCLAIMER: Information in this video is not legal advice and should not be relied on as such. The law can change and the information in this video may be outdated, so you should always consult an attorney regarding your specific issues in view of the current state of the law. *****