by Alan | May 31, 2014 | Importing, Invention
In the previous post – S – Strategies for Manufacturing Your Product Overseas – I suggested a three-step process towards overseas manufacturing: manufacture in the US if you can do so cost-effectively; consider Mexico if US is not practical; choose overseas if US or...
by Alan | May 28, 2014 | Invention
In the previous post – R – Rep Your Product to Manufacturers – I discussed an approach to licensing your product with manufacturers. Now, let’s shift gears to a different path forward: manufacturing your product overseas so that you can build a business around your...
by Alan | May 24, 2014 | Invention, Licensing, Representing your product, Research, Strategy
In the previous post – Q – Question: How do you License Your Product? – I discussed some of the pros and cons to two licensing approaches: engaging a licensing rep to negotiate an agreement on your behalf; or negotiating directly with manufacturers yourself (rep your...
by Alan | May 21, 2014 | Invention, Licensing
In the previous post – P – Principles of Licensing – I gave some general strategies and expectations regarding licensing of your invention. But, an obvious question is, “how do you find and engage with a potential licensee?” From a high level, there are two...
by Alan | May 17, 2014 | Invention, Keys to Success, Licensing, Strategy
In the previous post – O – Okay, What is my Patenting Strategy? – I mentioned that there were two paths forward with an invention: either building a business around it and “doing it all yourself” or licensing it to a manufacturer, in exchange for royalties. In this...