by Alan | Oct 30, 2017 | Invention, Manufacturing in China, Uncategorized
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...
by Alan | Sep 18, 2017 | Invention, Manufacturing in China, Uncategorized
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 hit the ground,...
by Alan | Jul 4, 2017 | Invention, Keys to Success, Leverage, Licensing, Make the best deal you can, Manufacturing in China, Marketing, Profitability, Royalty rates, Shark Tank
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...
by Alan | Oct 2, 2016 | Ideas, Importing, Invention, Licensing, Manufacturing in China, Marketing, Patent Search, Patents, Paths for your product
I thought it might be nice to post a variety of common questions that inventors ask and my answers. My answers are, of course, just that: my answers. Other inventors may, no doubt, have different answers than I do. Here are the Q & A's, in no particular order....
by Alan | Aug 13, 2016 | Annoying problems, Benefits are easily demonstrated, DRTV, High profit margin, Invention, Manufacturing in China, Problem-solvers, Sell on TV, Wow factor
The eyes of millions are riveted on their TV sets as the world's top-echelon athletes compete in the summer Olympics in Rio de Janeiro . All the athletes are “going for the gold,” but very few will win gold, silver, or bronze medals. What if, just before...
