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...
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 | 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...
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...
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...
