I feel it’s very important that I share this with others who might be seeking to “invent”. I’ve been in my industry, metal fabrication, for over 25 years. I’ve been employed to do about 80% of what might be needed in this industry, so I have a pretty good idea of what is needed when I invent a product that falls into this field. I’ve also got a degree in engineering. So when I invent, i pretty much stay in the scope of my expertise.
I also have a vested interest, so I’ll really want to make sure that it’s viable by prototyping. This inevitably results in redesign, compromise, and learning new things to develop the “invention”.
I also know that I’ll have a tough time making everything myself so I get quotes from other manufacturers. Those manufacturers do not have a vested interest in the success when they are quoting a component. They are figuring how to make a profit by selling that component to you.
If you are serious about your invention being a success, do not rely on quotes from people or businesses that do not have a vested interest in the overall success of the invention. Their motives are different than yours, and the pricing can be so “off” that a simple product from different manufacturers could range (at final retail) from $10 to $50. Knowing what it takes to effectively build your invention will help you determine if you should pursue it. Time is money, and if a part can be tooled to fabricate in a split second or not tooled properly could take 5 minutes.
Know the processes and the options!