by Alan | Feb 7, 2017 | Culling ideas, Focus, High profit margin, Invention, Licensing, Paths for your product, product pricing, Risk versus reward
When I conceived my idea for a thin, flexible wallet invention in 2002, I was very excited about the potential of my invention. But, I had no clue what I should do first. So I found a patent attorney and filed for a utility patent on my product. Ready, fire, aim!...
by Alan | Jan 22, 2017 | High profit margin, Invention, Persistence, Resourcefulness
I have written frequently in this blog about the challenges of being an inventor including: The Entrepreneurial Roller Coaster The Lonely Inventor How to Avoid Inventor ‘Bear Traps' Now, I will write about a key challenge to inventors: ‘doubts and demons'...
by Alan | Aug 13, 2016 | Annoying problems, Benefits are easily demonstrated, DRTV, High profit margin, Invention, Manufacturing in China, Problem-solvers, Sell on TV, Wow factor
The eyes of millions are riveted on their TV sets as the world's top-echelon athletes compete in the summer Olympics in Rio de Janeiro . All the athletes are “going for the gold,” but very few will win gold, silver, or bronze medals. What if, just before...
by Alan | Jul 24, 2016 | Benefits are easily demonstrated, High profit margin, Invention, Profitability
This post is the third of three key issues that every new inventor should consider. The reality is that your new invention idea: May not really be new May not be patentable May not be commercially viable For this post, we'll focus on the fact that your new...
by Alan | Mar 27, 2016 | Annoying problems, Career success, DRTV, High profit margin, Invention, Keys to Success, Visualize your success
Imagine a travel company that advertises a two-day scenic 500 mile train ride through the Great Smokey Mountains for $300. When you ask for schedules, towns connected, details of the train, you receive the following answers: We don't actually have the schedules in...
by Alan | Jul 19, 2015 | Benefits are easily demonstrated, High profit margin, Keys to Success, Licensing, Marketing, Product success, Success rates, Wow factor
Internet-enabled gadgets from laptop computers, to tablets, smart phones and now smart watches give us instantaneous and continual access to news, sports, and content of every ilk imaginable. Who needs TV any more? TV as we know it is dead, right? Wrong! According to...