by abeckley | Nov 26, 2014 | Critiquing ideas, Ideas, Invention, Invention failure, Keys to Success, Licensing, Strategy, Why inventors succeed
Success Percentages are Always Disappointing Let's face it, success percentages in difficult endeavors are always disappointing, typically less than 50%, often much less than 50%. In Freshman orientation for engineers, we were told only 1 in 3 of us would graduate...
by abeckley | Nov 22, 2014 | Ideas, Invention, tinkerers, Why inventors matter
I have been an inventor for 12 years and have been full-time self-employed as an inventor for the last 5 years. I have found there are three kinds of people when it comes to invention. Thinkers When I relate the story of my first invention to someone, they often smile...
by abeckley | Nov 16, 2014 | Ideas, Invention, Why inventors matter, Why inventors succeed
I have written previously about culling your ideas to keep only the best ones. In that post, I posited that culling many “inspired” ideas down to a very small number of final candidates was essential to inventor success – a sort of survival of the...
by abeckley | Nov 12, 2014 | Ideas, Invention, Why inventors matter, Why inventors succeed
Less than 5% of all patent holders profit from their invention. Almost everyone knows someone who invented something, but never got any traction or success from their concept or idea. It seems that the chances for success for the independent inventor are extremely...
by abeckley | Nov 6, 2014 | Invention, Keys to Success, Licensing, Why inventors succeed
This is a follow up to the last post: Mellow Monday – Mai Tai's in Maui – Inventor's Success In that post, I mentioned that the rewards of successfully licensing your product can be significant – a lucrative passive income and the freedom to use your...
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