by Alan | Aug 30, 2015 | Invention, Keys to Success, Leverage, Licensing, Sacrifice, Selling time for money, Why inventors succeed
One must sacrifice to achieve success. Hundreds of books have been written with this simple corollary as the central principle. In Outliers, Malcolm Gladwell cites the 10,000 hour rule: that to achieve mastery in a field, one must expend 10,000 hours of effort. This...
by Alan | Aug 26, 2015 | Benefits are easily demonstrated, Invention, Licensing, Representing your product, Strategy
In the prior post I discussed how you should prepare for licensing before you leave home to present your product. In today's post, the follow up to last week, we'll address tips on effectively presenting your product to a potential licensee: What to bring with you to...
by Alan | Aug 22, 2015 | Benefits are easily demonstrated, Invention, Licensing, Product success, Representing your product, Strategy
Almost every inventor considers licensing his or her invention to a manufacturer in exchange for a percentage of royalties of all sales of the product. Your great new innovative product solves a problem almost everyone has. You make a few prototypes, then file a...
by Alan | Aug 15, 2015 | Invention, Licensing, Strategy
Much has been written about “patent reform” and there are plenty of high-octane opinions, many of which are well-intended, but misinformed. I put parentheses around patent reform because reform means very different things to different people. Put another...
by Alan | Aug 7, 2015 | Big success, Career success, Invention, Keys to Success, Licensing, Marketing, Persistence, Product success, Struggling inventor, TV testing, Web testing
After writing over 100 posts, I decided to cover something new: why I chose to become an inventor and my journey from successful engineer to successful inventor. My hope is that readers might see something of themselves in my story and choose to invent the next big...