by Alan | Jan 5, 2016 | American Dream, Ideas, Innovation, Invention, Product success, Risk versus reward, Sacrifice, Visualize your success, Why inventors succeed
It is a new year, a great time for reflection and to consider your goals and objectives for 2016. This could be a great time to get to work on your product idea: the one that has been bouncing around in your head, maybe you have made some drawings and tinkered with...
by Alan | Nov 26, 2015 | American Dream, Big success, Ideas, Keys to Success, Myth of easy success, Paths for your product, Perceived market value, Persistence, Problem-solvers, QVC, Risk versus reward, Shark Tank
In the prior post, The American Dream: Myth and Reality, I discussed two premises regarding the American dream: Premise 1: It should be Easy to Earn a Lucrative Living Premise 2: Those willing to Take Risk and Work very Hard May Achieve Success It turns out that...
by Alan | Nov 18, 2015 | American Dream, Ideas, Keys to Success, Myth of easy success, Risk versus reward
There is much talk and a plurality of articles playing the dirge of death: the American Dream is dead. This recent article from Atlantic magazine is a typical example. If the American Dream is equated to an easy way to make a lucrative living, then I agree, that...
by Alan | Oct 31, 2015 | Financing an invention, Ideas, Innovation, Invention, Keys to Success, Licensing, Patents, Perceived market value, Product success, Royalty rates, Strategy, Success rates, Why inventors fail, Why inventors succeed
Very little is written about the real world of inventing. Many wannabe inventors love to do the following: Come up with ideas for new products Create working prototypes of our ideas Hope to find someone to “buy” the idea or invention To succeed as an...
by Alan | Sep 15, 2015 | Creativity, Ideas, Innovation, Invention, Keys to Success, Patents, Paths for your product, Problem-solvers, Product success, Strategy, Why inventors succeed
I have observed that engineers, accountants, architects and other professionals who put many long, hard hours not only into their profession, but into continuing educations to maintain their skills in the marketplace. Makes perfect sense: to succeed and advance in...