How to make money off an invention refers to the process of commercializing an invention and generating revenue from it. This can involve various strategies, such as selling the invention outright, licensing it to other companies, or starting a business around the invention.
Making money off an invention can be a lucrative endeavor, as successful inventions have the potential to generate significant financial rewards. It can also be personally fulfilling, as inventors can see their ideas come to life and make a positive impact on the world. Historically, many famous inventors have made substantial fortunes from their inventions, such as Thomas Edison with the light bulb and Alexander Graham Bell with the telephone.