by Alan | May 8, 2016 | Critiquing ideas, Disappointments, Invention, Keys to Success, Myth of easy success, resilience, Setbacks, Wow factor
Inventors always are searching for new product ideas; and always seek the elusive secret to inventing success. Spoiler alert: there is not a secret to inventing success. Success comes from practicing a combination of many behaviors consistently over time. I separate...
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 | Jul 30, 2015 | Culling ideas, Ideas, Invention, Keys to Success, Lambert & Lambert, Licensing, Paths for your product, Strategy
Want to take on a challenging and risky business venture? Great, become an inventor! Typically, less than 3% of all patent holders every profit from their inventions. Inventors who choose to launch their own business venture around their product will immediately face...
by Alan | Apr 25, 2015 | Ideas, Invention, Keys to Success, Licensing, Marketing, Strategy, Why inventors fail, Wiling to reconsider
The next three blogs will address three topics important to inventors: Focus Finance Feedback Today's topic: Feedback The process of dreaming up an idea, transforming it into an invention, then a product, and getting it into the marketplace is a meticulous, difficult...
by Alan | Apr 22, 2015 | Ideas, Invention, Keys to Success, Licensing, Marketing, Strategy
The next three blogs will address three topics important to inventors: Focus Finance Feedback Today's topic: Finance One of the greatest challenge for inventors is that of how to finance their inventions. Inventing is a high-risk profession – less than 3% of...
