Starting a Business

How do I ensure my invention idea is safe with the company I submitted it to?

min read
Opinions expressed by Entrepreneur contributors are their own.
Congratulations on having someone show interest in your invention idea.

However, by doing so without having protected yourself with either a prototype or a confidentiality agreement, you have left yourself vulnerable should this agent be less than honorable in his dealings with you.

It is very difficult to protect an idea, unless you've found a way to put it into a tangible form, such as with a patent, trademark or copyright. Speak to an intellectual property attorney about any steps that you can take to protect the idea at this point. They may also have insight into whether the company is legitimate and if the procedures they'll ask you to follow fit the norm.

More from Entrepreneur

Kathleen, Founder and CEO of Grayce & Co, a media and marketing consultancy, can help you develop a brand strategy, build marketing campaigns and learn how to balance work and life.
Book Your Session

In as little as seven months, the Entrepreneur Authors program will turn your ideas and expertise into a professionally presented book.
Apply Now

Are paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.
Get Your Quote Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.