by Alan | Jul 4, 2017 | Invention, Keys to Success, Leverage, Licensing, Make the best deal you can, Manufacturing in China, Marketing, Profitability, Royalty rates, Shark Tank
Everyone has seen a Shark Tank episode where an offer was dramatically canceled, at the last moment. In almost every case, the inventor became a bit too greedy or unwilling to compromise, causing the shark to rescind an otherwise potentially lucrative deal. What a...
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...
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 | Aug 14, 2014 | Invention, Keys to Success, Marketing, Research, Strategy, Why inventors succeed
In recent blog posts, I have described a variety of reasons why inventors often fail. So now, let’s look at reasons why inventors succeed. Today’s topic: Key to Inventor Success – Research Marketing Channels A key to success for any inventor is to recognize which...
by Alan | Jul 2, 2014 | Crowd funding, Financing an invention, Invention, Marketing
In the previous blog – I – Invent Things that are simple and Low Cost – I posited that what seems common sense is not. People often seek to invent exotic, expensive products that have virtually no chance of over being commercialized. Let’s look at a much-discussed...
