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Inventions are Cash-Eating Pigs

by Alan | Aug 29, 2016 | Financing an invention, Invention, Invention marketing companies, Lambert & Lambert, Patent strategy

Face it: inventions are cash-eating pigs.  Why? Inventing is an extremely risky business venture that is front-loaded with costs and profits, if any, come much later, sometimes never. Your invention is a hungry pig that will happily consume all of your capital and...

Your New Invention May not be “New”

by Alan | Jul 10, 2016 | HSN, Ideas, Invention, Patent Search, Patent strategy, QVC

The next three blog posts comprise a “reality check” that every new inventor should consider. The reality is that your new invention idea: May not really be new May not be patentable May not be commercially valuable For this post, let's focus on item 1...

The Road Less Traveled for Inventors

by Alan | Feb 19, 2016 | Annoying problems, Benefits are easily demonstrated, Invention, Marketing, Patent strategy, Patents, Problem-solvers, Product success, Wow factor

Two roads diverged in a wood, and I—  I took the one less traveled by,  And that has made all the difference. Robert Frost Patent, Prototypes, and Packaging Much of inventing and the creative process is intangible: will consumers really understand my product and its...

Your Invention: Fail Early and Fail Fast

by Alan | Dec 19, 2015 | Career success, Critiquing ideas, Culling ideas, Invention, Invention failure, Patent Search, Patent strategy, Patents, Product development, Product success, Prototypes

You have an idea for a great new product. Now what? What you choose to do next is key to your success (or lack of it). Here are your first three steps: Do your own free patent search on uspto.gov – the US Patent Office website Search everywhere for similar...

Inventing: It Takes a Team

by Alan | Jul 12, 2015 | Career success, Creativity, Marketing, Patent Search, Patent strategy, Product development, Product success, Prototypes, Resourcefulness

Picture Thomas Edison, toiling away in the late evening hours trying one after another type of filament in his new invention to turn electricity not into heat, but into light. He just tried another filament that looked promising, but it burned in two and produced no...

Have a Great Idea? What to Do Now?

by Alan | Jun 27, 2015 | Career success, Innovation, Invention, Invention failure, Keys to Success, Marketing, Patent Search, Patent strategy, product pricing, Success rates, Why inventors fail

Every great invention begins first with an idea, an aha moment. Dealing with problems often points to unexpected opportunities. Not surprisingly, many invention ideas are solutions to annoying problems. Now that you have your aha moment, your great idea, what should...
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