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About The NIFC
Michael S. Neustel, a U.S. Registered
Patent Attorney, founded the National Inventor Fraud
Center, Inc. (NIFC) with the goal to provide
information to consumers about invention promotion companies and
how people can market their ideas. Many inventors do not realize that
some invention marketing companies charge thousands of dollars,
yet have success rates of 0.00%. The goal of the NIFC is
to educate and help inventors make the right decisions.
The NIFC is owned by Neustel
Law Offices, LTD.
Tips
for new inventors
1. Don't Rush. Never
"rush" into the invention process. Make sure to take
your time before making important decisions that affect you and
your invention. Rarely are there situations where an inventor
needs to make a decision within a few days.
2. Investigate. Thoroughly
investigate any invention promotion company BEFORE providing
them with your invention or money. You can visit the FTC
web site (www.ftc.gov) to
search for information about invention marketing companies.
3. Education.
Educate yourself about the invention process and invention
marketing companies. The Federal Trade Commission (FTC) and the
United States Patent & Trademark Office (USPTO) have several
informative articles for inventors to read prior to starting the
invention process:
4. "Objective"
Evaluations. It is
important to have an objective invention
"marketability" evaluation performed by a third-party.
If the company you are considering will not evaluate the
marketability of your invention, then seek the assistance of
another company which will (see the Good
Guys).
5. Inventors Groups. It
is very important to network with inventors in your area.
Contact a local inventors group and attend a meeting before
going further with the invention process. Ask the experienced
inventors in the group for guidance and support. We have a
listing of Inventors
Groups for you to contact.
Recovering
Your Money
It is unfortunate when an inventor pays
thousands of dollars for services that have little value to
them. If you desire to get your money back from an
invention marketing company, you should remain calm and follow a
strict plan for getting your money back. Expressing
anger and frustration to the company usually will not help you.
We have a Suggested
Approach for you to review that may help you in getting your
money back.
Good Guys
Some of the invention marketing companies
listed on the Good
Guys section operate upon a
percentage of the money the inventor receives from their
marketing efforts. Many of the Good Guys
charge for
their services, but do not be discouraged solely by their fees.
You should investigate any invention marketing company before
paying money, even if they are listed as a Good Guy.
It is also recommended that individuals join a Local
Inventors Group.
Finding
Additional Information
Information is a valuable tool for inventors
during the invention process. It is important for
inventors not to rush into the invention process without
performing thorough research. There are numerous
informative places for inventors seeking to market their
invention such as the Federal Trade
Commission, Attorney
Generals, Inventor
Groups, the U.S. Patent
Office, and Internet search engines.
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