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 | Jun 11, 2015 | American Dream, Career success, Invention, Keys to Success, Leverage, Perceived market value, Salaried workers
In the previous post on Leveraging the American Dream I addressed a key challenge affecting lower and middle-income workers: they have no effective leverage to obtaining higher wages. The hourly worker may indeed work more hours, but they cannot work 24 hours per day...
by Alan | Jun 6, 2015 | American Dream, Career success, Invention, Keys to Success, Leverage, Perceived market value, Salaried workers
Most people cannot lift a 500 pound weight off the ground by themselves. But, by using a simple lever with a long bar and a fulcrum, they can use a small amount of force with leverage to lift a heavy weight. I have written a number of posts on the American Dream...
by Alan | Jul 25, 2014 | Invention, Invention failure, Invention marketing companies, Marketing
In the previous blog – Why Most Inventors Fail – Inventor Greed Kills the Deal, I discussed that all too often a promising licensing deal founders because of inventor greed: insisting on higher royalties than those being offered without attempting to understand...
