Product Licensing Versus Venturing

You're an inventor with an exciting new product, right? Of course. But, what is the best path to finally making money from your invention: venturing it (DIY) or licensing it for royalties? It may be the most hotly debated question among inventors. Which do you think...

Why good help is NOT hard to find

Every day, inventors shrug their shoulders in resignation and say dejectedly, “Good help is so hard to find…” That statement was likely true when I started as an inventor in 2002. But, it's not hard to find good help today, if you know where to look....

3 Keys to Hit Inventions

Have you racked your brain trying to come up with your next – or first – hit invention? Sure you have. Every inventor does. Of course, there is no formula for finding hit inventions or nearly every really smart person would be wealthy. But, here is your...

Resilience: Key to Inventor Success

I last wrote about resilience in a blog post back in 2014. Wow! Almost 5 years ago. But, I felt the time was right to take up this important topic again. As I have interviewed over 20 successful inventors for the Inventors Helping Inventors podcast this year, they all...

3 Keys to Venturing Your Invention

Are you excited about your new invention? You have two paths forward as an inventor to make money with your invention: either licensing it for royalties to a manufacturer; or choosing to venture – DIY (do it yourself) – or build a business around your...