Got An Idea For An Invention - What Next??

[SiT]

Ok so I have an idea for a new invention/product which requires some alterations and adaptions to an existing product which will see it fit for a new purpose and one I think will be quite popular. I believe it will appeal to both private buyers but also potentially be attractive for large scale purchase in a certain sector.

Don't come from this walk of life, have no experience of what to do or where to go and very wary of who I speak to through fear of the idea being taken by someone with more expertise/money.

In regard to what to do next, I could purchase the existing item and go about altering it and adapting it for my idea but don't know how I stand with that in relation to the company that already produce the base if you like?

To do this I would need to enlist the help of engineering/fabrication type firm which again I am nervous about in case the idea is stolen. I dont have loads of money but really believe this product would prove popular and if I can pitch the finished item to the sector of the market I think would adopt it then I estimate I could sell hundreds of thousands of them.

So I am probably a small fish in a very big pond but would really like to give this a shot, whether that be creating the idea and selling it to a manufacturer or creating the physical product and selling it.

Any help or pointers gratefully received!

Si

[SiT]

Thanks DrCage that’s some useful pointers to help me on my way, good shout about spreading the work so the whole idea isn’t with one person.

Thank you!

Si