How FSBI Works

Why We Don’t Buy Your Idea (And Why That’s Good)

By Neil Montgomery • January 8, 2025 • 7 min read

“Will you invest in my invention?”

“Can FSBI buy my idea and bring it to market?”

We hear these questions all the time. And our answer is always the same: No, we don’t buy or invest in inventions.

I know that might sound disappointing at first. But stick with me, because this is actually one of the best things about working with FSBI—and understanding why will help you avoid some of the biggest traps in the invention industry.

Why Companies That “Buy Ideas” Are Usually Bad News

Let me paint you a picture. A company approaches you and says, “We love your invention! We want to buy it for $50,000 (or invest in it, or take it to market for you).”

Sounds great, right? Here’s what usually happens:

  • The offer comes with strings attached: They want you to pay $5,000-$15,000 upfront for “development” or “evaluation” fees
  • The “purchase price” is hypothetical: It’s contingent on milestones that somehow never get reached
  • You give up control: They now own your idea and can do whatever they want with it—including nothing
  • You never hear from them again: Your money is gone, your idea is tied up, and you have no recourse

This is the business model of predatory invention promotion companies. The FTC has taken action against many of them, but new ones pop up constantly.

🚩 Red Flag Alert

Any company that tells you they want to “buy” or “invest” in your idea but first needs you to pay them money is almost certainly running a scam. Legitimate investors don’t ask inventors to pay them.

The FSBI Model: You Stay in Control

At For Sale By Inventor, we operate completely differently. We’re a service company, not an investment company. Here’s what that means:

  • You own your invention: 100%, always. We never take equity or ownership
  • You make the decisions: We advise, but you’re in the driver’s seat
  • You keep the profits: When you license or sell your invention, that money is yours
  • Clear pricing: You know exactly what you’re paying for upfront

Our job is to help you navigate the patent process, develop your product, and connect with licensing opportunities. Your job is to own your invention and reap the rewards.

The Two Business Models: A Comparison

❌ “We Buy Ideas” Companies

  • Take ownership of your idea
  • Charge large upfront fees
  • Make vague promises
  • Have no track record of success
  • Disappear after getting paid

✓ FSBI Service Model

  • You retain 100% ownership
  • Clear, transparent pricing
  • Specific deliverables
  • 3,000+ patents since 1996
  • Ongoing support and guidance

But What If I Just Want Someone Else to Do Everything?

I understand the appeal. Inventing is exciting; business is hard. You’d love to hand off your idea and just wait for the royalty checks.

The problem is: that’s not how successful inventions work.

The inventors who succeed—the ones who actually get their products to market and earn licensing royalties—are involved in the process. They understand their patent, they can pitch their invention, and they make informed decisions about their business.

When you hand everything over to someone else, you:

  • Can’t evaluate whether they’re actually working on your behalf
  • Don’t understand your own intellectual property
  • Can’t effectively pitch to potential licensees
  • Are vulnerable to being taken advantage of

What Does “Help” Actually Look Like?

The right kind of help doesn’t take your invention away from you. It empowers you to succeed with it. At FSBI, that means:

Research & Validation

We help you understand if your idea is patentable and marketable before you invest heavily in it.

Patent Coordination

We work with independent patent attorneys to file your provisional or utility patent—with you named as the inventor and owner.

Product Development

We help with 3D renders, prototypes, and sales materials that make your invention licensable.

Marketing & Licensing

We showcase your invention to potential licensees and help you navigate negotiations.

Throughout all of this, you own your invention. You make the final calls. And when a deal happens, you get paid.

The Bottom Line

When someone offers to “buy your idea,” what they’re really saying is: “We want to take control of your invention and maybe, someday, if everything works out, share some of the profits with you.”

When FSBI says “we’ll help you bring your invention to market,” what we mean is: “We’ll give you the tools, guidance, and connections you need to succeed—while you stay in complete control.”

“I’ve seen too many inventors lose their life savings to companies that promised to ‘do everything.’ The best protection for your invention—and your wallet—is staying informed and staying in control.”

That’s why we don’t buy ideas. And that’s why, for inventors who want a real shot at success, our model works.

Ready to Take Control of Your Invention?

Learn how FSBI can help you research, protect, and market your invention—while you retain full ownership.

See How It Works →
Neil Montgomery

Neil Montgomery

Founder of For Sale By Inventor. Neil founded FSBI in 1996 after seeing too many inventors get taken advantage of by predatory companies.