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Inventing Success: Situations and Solutions – Moving Forward, Part II

by Alan | Aug 1, 2015 | Ideas, Indiegogo, Invention, Keys to Success, Kickstarter, Licensing, Paths for your product, Strategy, Wow factor

In the previous blog Situations and Solutions – Moving Forward, Part I, I described a couple of solutions or paths forward for a person with lots of ideas and no (or very little money). Let's consider a different scenario and potential solutions. Situation: A...

Inventing Success: Situations and Solutions – Moving Forward, Part I

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...

Inventing: It Takes a Team

by Alan | Jul 12, 2015 | Career success, Creativity, Marketing, Patent Search, Patent strategy, Product development, Product success, Prototypes, Resourcefulness

Picture Thomas Edison, toiling away in the late evening hours trying one after another type of filament in his new invention to turn electricity not into heat, but into light. He just tried another filament that looked promising, but it burned in two and produced no...

Inventing on a Limited Budget

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...

Inventors Success: Partnership and Trust

by Alan | Aug 30, 2014 | Invention, Keys to Success, Product development, Prototypes, Strategy, Why inventors succeed

Many articles are written about licensing, manufacturing, patenting and other elements important to inventor success. To my experience, inventor success depends crucially upon partnering with and trusting others. Yet almost nothing is ever written about partnering and...
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