by Alan | Apr 21, 2016 | Career choices, chaos, Job stability, Technology advances, thriving in chaos, Wiling to reconsider
Every musician dreams of becoming the next big rock star. The reality for most is having a primary income – their day” job – and working periodic “gigs” on weekends or evenings playing in whatever club will have them. Musicians commonly...
by Alan | Apr 3, 2016 | HSN, Invention, Keys to Success, Product development, product pricing, Profitability, QVC, Wiling to reconsider
In last week's blog, I described 3 keys to inventing success: Solve an annoying problem Retail Sales Price is Less than $20 Must Have a 4X to 5X Mark Up In today's blog, let's consider 3 more keys to inventing success (surely you didn't think there were just three)....
by Alan | Apr 25, 2015 | Ideas, Invention, Keys to Success, Licensing, Marketing, Strategy, Why inventors fail, Wiling to reconsider
The next three blogs will address three topics important to inventors: Focus Finance Feedback Today's topic: Feedback The process of dreaming up an idea, transforming it into an invention, then a product, and getting it into the marketplace is a meticulous, difficult...
by Alan | Mar 21, 2015 | Ideas, Invention, Keys to Success, Patent Search, Patents, Product validation, Prototypes, Resourcefulness, Why inventors succeed, Wiling to reconsider
New inventors often say to me, “I have an idea I think is great, now what do I do?” My most succinct answer is to do the following: Search: USPTO.gov, retail and online stores, catalogs Prototypes: Begin building prototypes of your invention Validate:...
by Alan | Feb 26, 2015 | chaos, Invention, Invention failure, Strategy, Why inventors fail, Wiling to reconsider
I have mentioned in past posts that less than 5% of all patent holders ever make a cent from their products. Some of the reasons are that inventors don't realize how difficult it is to market a product successfully, how costly it will be to develop and distribute it,...
by Alan | Feb 18, 2015 | Ideas, Invention, Keys to Success, Licensing, Marketing, Product success, resilience, Resourcefulness, Setbacks, Strategy, Website for your product, Why inventors fail, Wiling to reconsider
Successful inventors live by the 3 R's of inventing (be) Resourceful (be) Resilient (be willing to) Reconsider Inventors are creative problem solvers. Successful inventors, however, are resourceful in every aspect of their businesses, whereas unsuccessful inventors,...