by Alan | Nov 8, 2015 | Ideas, Innovation, Invention, Invention failure, Invention marketing companies, Licensing, Patents, Why inventors fail
Much is written about what inventors should do to be successful. But, equally important is what inventors should avoid doing to be successful: inventor no-no's. Below are three no-no's every inventors must avoid to achieve success. No-No 1: Rushing out to File a...
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...
by Alan | Sep 7, 2015 | Benefits are easily demonstrated, Critiquing ideas, Licensing, Patents, Paths for your product, Product success, Profitability, Strategy, Why inventors succeed
IYou've just come up with a brainstorm, a million dollar idea! Why hasn't anyone thought of it before? It is so simple, but everyone will want to buy it! All you have to do is just get it out there and you'll be a millionaire! Ah, if it was only that simple. Do you...
by Alan | Apr 6, 2015 | Career success, Ideas, Invention, Invention failure, Patents, Success rates, Why inventors succeed
In our information world we are inundated with statistics on every circumstance imaginable including crime rates, business success rates, graduation rates, and even inventor success rates. (More on the latter shortly). For a variety of reasons, statistics are widely...
by Alan | Apr 1, 2015 | Career success, Creativity, Crowd funding, Financing an invention, Ideas, Invention, Keys to Success, Licensing, Patents, Why inventors succeed
There are many challenges to inventing, not the least of which is: how to succeed on a limited budget. Patents are expensive – approximately $5,000 – $10,000 or more (depending on invention complexity). Developing, marketing, and bringing your own product...
