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Persistence Pays

by Alan | Sep 27, 2015 | Big success, Keys to Success, Licensing, Marketing, Product success, QVC, Resourcefulness, Strategy, Why inventors succeed

It has been said so many times that it has become a cliche, but here it is again: if you want to succeed you must be persistent, very persistent. Persistence is a key element of all business success, but persistence is crucial to inventing. Why? Inventing is one of...

Inventors: Become Curious Observers

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...

Assessing Your Million Dollar Idea

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...

Presenting Your Product for Licensing

by Alan | Aug 26, 2015 | Benefits are easily demonstrated, Invention, Licensing, Representing your product, Strategy

In the prior post I discussed how you should prepare for licensing before you leave home to present your product. In today's post, the follow up to last week, we'll address tips on effectively presenting your product to a potential licensee: What to bring with you to...

Preparing to License Your Product

by Alan | Aug 22, 2015 | Benefits are easily demonstrated, Invention, Licensing, Product success, Representing your product, Strategy

Almost every inventor considers licensing his or her invention to a manufacturer in exchange for a percentage of royalties of all sales of the product. Your great new innovative product solves a problem almost everyone has. You make a few prototypes, then file a...

Patent Reform: Politicians versus Inventors

by Alan | Aug 15, 2015 | Invention, Licensing, Strategy

Much has been written about “patent reform” and there are plenty of high-octane opinions, many of which are well-intended, but misinformed. I put parentheses around patent reform because reform means very different things to different people. Put another...
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