by Alan | Nov 6, 2017 | Invention, Investors, Uncategorized
As a business counselor at the Small Business Development Center, I advised a variety of inventors – most of whom were just getting started. When I would ask how they planned to finance their new inventions, a common, flippant answer was, “oh, I'll just...
by Alan | Jul 26, 2015 | Ideas, Invention, Invention marketing companies, Investors, Keys to Success, Licensing, Royalty rates, Strategy, Why inventors fail
Many promising inventions fail to achieve success in the marketplace. Why? There are many reasons. In today's blog, I want to discuss three key pitfalls that can and must be avoided for an inventor to achieve success with his or her product. Below are three common...
by Alan | Jun 3, 2015 | Career success, Financing an invention, Invention, Invention failure, Invention marketing companies, Investors, Keys to Success, Licensing, Why inventors fail
When I was a child, one of the first lessons I learned from my parents was “follow the rules” – of appropriate behavior. Throughout our adult lives we learn to ‘follow the rules' for success in our career (show up on time, get projects finished...
by Alan | Sep 12, 2014 | Financing an invention, Invention, Inventors checklist, Investors, Keys to Success
The next several blog posts will be upon “checklist” items for inventors: Today’s topic: Inventors Checklist: Get Real In the last post, Inventors Checklist: Due Diligence, I discussed the importance of doing solid due diligence in two arenas: Patent research...