by Alan | Aug 1, 2015 | Ideas, Indiegogo, Invention, Keys to Success, Kickstarter, Licensing, Paths for your product, Strategy, Wow factor
In the previous blog Situations and Solutions – Moving Forward, Part I, I described a couple of solutions or paths forward for a person with lots of ideas and no (or very little money). Let's consider a different scenario and potential solutions. Situation: A...
by Alan | Jul 30, 2015 | Culling ideas, Ideas, Invention, Keys to Success, Lambert & Lambert, Licensing, Paths for your product, Strategy
Want to take on a challenging and risky business venture? Great, become an inventor! Typically, less than 3% of all patent holders every profit from their inventions. Inventors who choose to launch their own business venture around their product will immediately face...
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 23, 2015 | Creativity, Focus, Invention, Invention failure, Keys to Success, Paths for your product, resilience, Strategy, Visualize your success
Rule #2 from 7 Habits of Highly Effective People: Begin with the end in mind. This advice is particularly relevant for inventors. Being laser focused upon what you want to achieve will guide you to success more quickly. I wish I had taken this advice when I became an...
by Alan | May 27, 2015 | Career success, Indiegogo, Invention, Keys to Success, Kickstarter, Lambert & Lambert, Licensing, Marketing, Paths for your product, Shark Tank, Strategy
I have written a variety of posts regarding changes in the corporate landscape and the impact upon average worker's wages including: Adjust Your Sails Changing Landscape of Career Success Whereas technology has disrupted the corporate landscape to the detriment of...
by Alan | May 24, 2015 | Career success, Keys to Success, Licensing, Product success, Strategy
This blog is the follow on to the previous blog: The World's Best Job – Yours for the Taking? The world's best job is having a successful licensing agreement with a manufacturer for your product. In licensing your product, you give a manufacturer wide latitude...