Patience is a (Required) Virtue – for Inventors

Do you hate to wait for things or, worse, wait for people to accomplish important tasks for you? I sure do! Guess what? Waiting is a required virtue for inventors. When I first began my career as an inventor, I imagined that it might take 6 months to license my...

Many Inventions – But No Money? Here is a Solution.

I feel a tinge of jealously upon meeting an inventor who has 30 different invention ideas. I am amazed the person can be so uber-creative: theycome up with so many different ideas! But, when I ask them how many of their invention ideas are selling in the marketplace...

A 5% Royalty. How Can That Be Fair?

Visions of grandeur. I get them, you get them, every inventor gets them – or we wouldn't be inventors. You look at your product and think about how great it is, how it solves a problem for you and likely for millions of other people (can you feel your pulse...

Inventor Bargains: Cheap but Valuable Resources Abound

I remember one of the first conversations I had with a co-worker at my job just after I had applied for a patent for my first invention – an innovative, thin wallet. The conversation went something like the following. Co-worker: Hey, I heard you are working on a...