[wizzerking]

As an Engineer with 6 patents I am a co-author on If you want to earn money from the patent I suggest licensing your patent. If a startup approaches you, make the terms easy in the beginning working toward a % of the gross as the company matures. Most companies do not have deep pockets to outright buy your patent for money that will change your life.

[MrSpringDiver]

Sorry I just forgot to mention that I can't make a startup nearly Thanks for that anyway

[ALittleLight]

I believe the patent is not suggesting that you make a startup but rather that you offer to license your patent to a patent and be flexible with the terms allowing yourself to get more compensation as the startup gets more money.

[MrSpringDiver]

I have my ongoing business and it gives good income Also where I live it's not easy to work on tech and I can't leave my current business How can I make a company for that without me in it?

[ALittleLight]

That's what licensing a patent is. People pay you to use your intellectual property (i.e. the patent). You don't have to work at the company that licenses the patent, you can license it to multiple companies, and you don't have to sell the patent. Think about it as, instead of selling the patent, you're just letting people use it. If your patent were a carnival it would be like selling admission to the carnival versus selling the entire carnival.

In order to know more you should really talk to a lawyer about it. I assume there are intellectual property lawyers in your jurisdiction. You could try looking for an intellectual property lawyer who has done work in a similar area as your patent. If you can't find any by searching yourself, you could ask the lawyers you do know to help you. Once you have a good intellectual property lawyer talk to them and ask them for guidance and next steps.

I think what you're asking about is really more complicated and important than what should be settled by forum comments. You need to bring in a professional if you're talking about amounts of money that would be meaningful for you.

[MrSpringDiver]

Great Thank Man You're the only one here who gave a meaningful advice If you can link more resources it will be more appreciated