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Tuesday, August 31, 2010

Strange Careers You May Not Have Considered

By : C M Johnson

It seems we've come to a point in time, economically speaking, that creativity will be an option of choice, but often not "by" choice. With the global shift in the price of labor and its effect, many folks have to redesign their career life, often in midlife. Young people can study the road ahead and determine their path from a beginning perspective, purposefully aligning themselves with the latest trends in the career marketplace. Some economists are now forecasting that there may be a recession every three years in the United States.

With this in mind, the word innovation comes to mind. In decades past when Americans faced tough times, innovation grown from pure, hopeful, and driven creativity has often saved the day, turning people's futures around. Inventors particularly benefit by innovation, enjoying the 20 years worth of legal monopoly that a new use patent brings through manufacture and sale of their invention and more often, licensing their invention to companies earning a royalty on each sale. This is one of those strange careers you may not have considered.

You are probably wondering: How do I become creative, right? In the case of inventions, most inventors begin by thinking of common problems that exist in their life and the life of others they know. Have those particular problems been solved by someone else? Normally a patent search is needed to determine this. You can do this through Google's patent search. If, after combing through all the patent drawings and text you don't see anything that looks like your idea, a formal patent search by an attorney may be in order.

If you have had a formal search done then want to pursue your idea, file for a provisional patent application. This can be done for less than $200 total. This buys you one year in which to "license" your idea to a company. Licensing simply means they pay you so much for each and every one of your invention / products that sell. Also, being able to claim "Patent Pending" for your invention is a true advantage to you as well. Licensing is good because once you strike up an agreement, the income is residual, making you money 24 hours a day, 7 days a week, without the use of your time! This gives you the time and the money at the same time. I will place information under useful links for an expert in this process (I'm not compensated in any way for this referral).

What's your strategy for the future: More education, a different career, a new business, an invention? When you exhaust all other options, it is your creativity or lack thereof that will determine your success or failure. I predict this factor will increasingly determine your success or failure across time. Start looking inward for your creativity today.

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