From Forbes, Elaine Pofeldt offers another great article for independent contractors. In this post, she discusses the work of John Khalil, an entrepreneur who is trying to make it easier for other entrepreneurs to obtain a patent search. Elaine writes:
Budding household products inventor John Khalil, 29, was shocked when he met with three attorneys to find out how much a patent search would cost. They told him they would charge between $500 and $2,500.
Khalil realized that many inventors needed a more affordable solution. His answer is Patent Lot, a currently one-man web business where inventors can do searches for $299 each. Khalil, based near Princeton, N.J., in South Brunswick BC +0.65%, launched the site in June and has started generating revenue.
It isn’t fair, he says, for people who have come up with a great idea that could potentially solve a problem for society to stall out because they cannot afford to move forward with a basic patent search. “Ninety-nine percent of the time it just stops there, as an idea,” he says.