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Inventing Basics: Three Key Pitfalls You Must Avoid to Succeed

by Alan | Jul 26, 2015 | Ideas, Invention, Invention marketing companies, Investors, Keys to Success, Licensing, Royalty rates, Strategy, Why inventors fail

Many promising inventions fail to achieve success in the marketplace. Why? There are many reasons. In today's blog, I want to discuss three key pitfalls that can and must be avoided for an inventor to achieve success with his or her product. Below are three common...

Begin with the End in Mind

by Alan | Jun 23, 2015 | Creativity, Focus, Invention, Invention failure, Keys to Success, Paths for your product, resilience, Strategy, Visualize your success

Rule #2 from 7 Habits of Highly Effective People: Begin with the end in mind. This advice is particularly relevant for inventors.  Being laser focused upon what you want to achieve will guide you to success more quickly. I wish I had taken this advice when I became an...

Inventing Basics: Focus, Finance, and Feedback – Part III

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...

Inventing Basics: Focus, Finance, and Feedback – Part II

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...

Inventing Basics: Focus, Finance, and Feedback – Part I

by Alan | Apr 18, 2015 | Career success, Focus, Ideas, Invention, Keys to Success, Licensing, Marketing, Product validation, Strategy, Why inventors succeed

  The next three blogs will address three topics important to inventors: Focus Finance Feedback The focus (pun intended) of this first blog: Focus. I have touched on this topic in previous blogs including this one. Focus is a key tenet of successful...
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