Inventor Alert | Inventor Rescue

QUESTIONS FOR COACHES & LICENSING COMPANIES

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Can you please share the contact information of 5 of your most recent clients in the last 12 months?

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What products have you patented and launched successfully? Do you have amazon reviews for your inventions? What retailers sold your invention?

9

What's your specific area(s) of expertise?

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In what industry have you launched a product that you invented, or were a partner?

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Besides coaching, do you offer any other services? Please list if applicable.

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Do they work independently or in connection to a company? If not independently, especially if part of a licensing company, we recommend not hiring or paying a monthly fee for group or individual coaching sessions.

9

What's your refund policy?

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Do you track client(s) success, which according to Federal Trade Commission is defined as the inventor making back more money in sales than they paid for in services?

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How many inventors have you coached in the last 2 years?

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Did any of your paying clients have any success as a direct result from your services?

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Have you ever been accused of any type of scam or fraud by a client? If yes, when? Please describe what happened?

9

Do you charge hourly?

9

Do you have a monthly retainer fee? If yes, find a coach that doesn't have a retainer fee.

9

How many of your own inventions have you manufactured and sold to consumers?

9

Have you licensed and make a financial profit on any of your own inventions?

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Have you ever been a party in a court case relating to inventions or your business?

REQUIRED QUESTIONS FOR LICENSING & PROMOTION COMPANIES

9

It's recommended to present these questions to the company representative in writing which they are REQUIRED to answer and return in writing under the American Inventors Protection Act of 1999.

9

How many paying clients has your firm represented in the past 5 years?

9

In the past 5 years how many inventions received a positive evaluation?

9

In the past 5 years how many inventions received a negative evaluation?

9

In the past 5 years how paying clients received a licensing deal as a direct result of the invention promotion or licensing firm?

9

In the past 5 years how paying clients received a net financial profit making back more money than was paid to the licensing or promotion firm for services?

9

In the past 5 years how many inventions were presented to the promotion or licensing company?

9

The names and addresses of all previous invention promotion companies with which the invention promoter or its officers have collectively or individually been affiliated in the previous 10 years.

9

Refusal to share this information goes against the American Inventors Protection Act of 1999. Please notify us if any company refuses to furnish this required information.

QUESTIONS FOR COACHES & LICENSING COMPANIES

Can you please share the contact information of 5 of your most recent clients in the last 12 months?

What products have you patented and launched successfully? Do you have amazon reviews for your inventions? What retailers sold your invention?

What's your specific area(s) of expertise?

In what industry have you launched a product that you invented, or were a partner?

Besides coaching, do you offer any other services? Please list if applicable.

Do they work independently or in connection to a company? If not independently, especially if part of a licensing company, we recommend not hiring or paying a monthly fee for group or individual coaching sessions.

What's your refund policy?

Do you track client(s) success, which according to Federal Trade Commission is defined as the inventor making back more money in sales than they paid for in services?

How many inventors have you coached in the last 2 years?

Did any of your paying clients have any success as a direct result from your services?

Have you ever been accused of any type of scam or fraud by a client? If yes, when? Please describe what happened?

Do you charge hourly?

Do you have a monthly retainer fee? If yes, find a coach that doesn't have a retainer fee.

How many of your own inventions have you manufactured and sold to consumers?

Have you licensed and make a financial profit on any of your own inventions?

Have you ever been a party in a court case relating to inventions or your business?

REQUIRED QUESTIONS FOR LICENSING & PROMOTION COMPANIES

It's recommended to present these questions to the company representative in writing which they are REQUIRED to answer and return in writing under the American Inventors Protection Act of 1999.

How many paying clients has your firm represented in the past 5 years?

In the past 5 years how many inventions received a positive evaluation?

In the past 5 years how many inventions received a negative evaluation?

In the past 5 years how paying clients received a licensing deal as a direct result of the invention promotion or licensing firm?

In the past 5 years how paying clients received a net financial profit making back more money than was paid to the licensing or promotion firm for services?

In the past 5 years how many inventions were presented to the promotion or licensing company?

The names and addresses of all previous invention promotion companies with which the invention promoter or its officers have collectively or individually been affiliated in the previous 10 years.

Refusal to share this information goes against the American Inventors Protection Act of 1999. Please notify us if any company refuses to furnish this required information.

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