With a Good Investor, I Can Launch my New Invention, Right?

[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”2_3″][et_pb_text _builder_version=”3.0.75″ background_layout=”light” border_style=”solid”] As a business counselor at the Small Business Development Center, I advised a variety of inventors – most of whom were just getting started. When I would ask how they planned to finance their new inventions, a common, flippant answer was, “oh, I’ll just find an investor.” Really? A… Continue reading With a Good Investor, I Can Launch my New Invention, Right?

Why Do I Have to Manufacture in China?

[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”2_3″][et_pb_text _builder_version=”3.0.75″ background_layout=”light” border_style=”solid”] Why do I have to manufacture my invention in China? There are factories in the US, why can’t I just manufacture here? Then I won’t have to deal with import duties and other hassles. This seems logical, but the principal problem is simply one of cost. US labor costs… Continue reading Why Do I Have to Manufacture in China?

I Have a Great Invention Idea, Now What?

[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”2_3″][et_pb_text admin_label=”Text – first of narrative” _builder_version=”3.0.75″ background_layout=”light” border_style=”solid”] Wow, can you believe it? You just got a great idea for a new invention! Permit me to read your mind for just a few minutes. Here are the questions that are going through your head right now. This could make me a lot… Continue reading I Have a Great Invention Idea, Now What?

How to Find a Great Patent Attorney for Your Invention

[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”2_3″][et_pb_text _builder_version=”3.0.75″ background_layout=”light” border_style=”solid”] One morning, you wake up before the alarm goes off – how often does that happen? A brilliant idea just popped into your head for a new, improved product- a solution to a problem – a new invention. You’re just too excited to go back to sleep. Let me… Continue reading How to Find a Great Patent Attorney for Your Invention

Can You Trust Chinese Manufacturers?

[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”3_4″][et_pb_text _builder_version=”3.0.64″ background_layout=”light” text_orientation=”left” border_style=”solid”] During an episode of ABC’s The Shark Tank, an inventor with a clever add-on item for a pickup truck bed was making his pitch to the sharks. Several of them were interested in his item, but when he told them his retail price was $599, their jaws nearly… Continue reading Can You Trust Chinese Manufacturers?

How I Broke Corporate Habits to Become a Successful Inventor

[et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Text” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid”] I frequently compare and contrast my 30 years working in the corporate world as a telecom project manager versus my 15 years as an inventor and entrepreneur. Virtually none of what I learned in the corporate world was helpful for the inventing world. In… Continue reading How I Broke Corporate Habits to Become a Successful Inventor

Navigating Your Licensing Agreement to Success, Part II

My last post Navigating Your Licensing Agreement to Success was, …. well a success. It seems many readers liked the post. So, I decided to add a Part II to the post. In that post, I mentioned that many inventors get ‘greedy’ when they are on the cusp of successfully licensing their invention – then… Continue reading Navigating Your Licensing Agreement to Success, Part II

Navigating Your Licensing Agreement to Success

[et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Text”] Everyone has seen a Shark Tank episode where an offer was dramatically canceled, at the last moment. In almost every case, the inventor became a bit too greedy or unwilling to compromise, causing the shark to rescind an otherwise potentially lucrative deal. What a crushing experience for the inventor!… Continue reading Navigating Your Licensing Agreement to Success

INPEX Inventor’s Show – 2017

  In the previous Part I post, I role played a story where¬†an¬†inventor, named Sam, had a conversation with a shyster invention marketing company (IMF) with the fictional name Intergalactic Marketing and Patents (IMAP). Unfortunately, the legitimate IMFs are very few in number and the shyster IMFs, who appear much like slugs eating your garden […]

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