Full disclosure: this is an update to a post I wrote in February – How to help 1 million inventors to succeed.

Do you agree with Francis Bacon – that Knowledge is Power?

From knowledge, you gain new skills, that you can apply to earn a living and achieve success. How about learning skills so you can become a successful inventor? Stay with me, I'll get to that shortly.

You can gain knowledge and new skills simply by reading books.

But, in biblical times, 97% of the people were illiterate. How did they learn and gain new skills? They learned through oral tradition – still the most dominant form of communication – throughout the world – today.

Read on to learn how we can help 1 million inventors to succeed – via a modern oral tradition – through the power of podcasting.

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Want to know more about the power of podcasting for entrepreneurs?

Grab your FREE copy of – Powerful Podcasts for Entrepreneurs – cheat sheet now. Just click on the blue button below to get your copy now.

Would you like to learn how to make money from your invention? Tired of just spending money?

Attend the next FREE live webinar – How to License Your Invention for Royalties.

All you need is your cell phone, laptop or desktop computer to attend this LIVE webinar. Get all your questions answered.

Just click on the orange button below to sign up for the next FREE live webinar – License Your Invention for Royalties.

The Power of Podcasting – the 21st Century – Oral Tradition for Training

What we know in this age of the Internet is that people are reading less (except on their cell phone screens) and listening more.

Whereas only 19% of adults regularly read for pleasure, 26% listen to podcasts monthly. Over 74 million adults in the U.S. listen to podcasts monthly.

Podcasts can provide a great deal of valuable information to listeners.

John Lee Dumas – called JLD by faithful followers – has achieved amazing personal success through his podcast – Entrepreneur on Fire. With over 2,060 podcasts since 2012, he reaches millions of listeners, worldwide, every month. Through his books, The Freedom Journal and The Mastery Journal, he provides valuable training for readers. Additionally over 3,000 people have learned how to do podcasting – including me – through his online course, Podcasters Paradise.

My point is that podcasts are a powerful and convenient medium to provide valuable information to millions of listeners during their 26 minute commute to work. The best news of all – podcasts are free!

Finally a Podcast for Inventors – Inventors Helping Inventors

While there are over 10 million issued patents, less than 5% of inventors ever profit from their products. There are millions of frustrated inventors who have great products, because they are unable to gain real traction in the marketplace. For many years, I was one of them.

I've had the good fortune of finally achieving success with my invention – the Wonder Wallet – and now, I leverage what I have learned to help other inventors.

But, I need your help!

You can help me with an audacious goal – to help 1 million inventors to succeed – through my podcast for inventors called Inventors Helping Inventors. It is available on iTunes, Stitcher, Google Play, Spotify, and most other major platforms. If you do a Google search on ‘Inventors Helping Inventors' you'll find links to the podcast on iTunes and on Stitcher.

Every Monday, I interview interesting, successful inventors asking them the questions you want answered. But, how can a podcast help you and other inventors to succeed?

Here's how.

Every week, you'll learn valuable tools, tips, and tactics from successful inventors while you're commuting to work or working out.

Since January, I have interviewed millionaire inventors like Stephen Key, Josh Malone, and Barbara Pitts. Also, I interviewed Shark Tank millionaire inventors Bobby Edwards (Squatty Potty) and Aaron Krause (Scrub Daddy).

If you listened, you would have learned how Edwards and his mom used to cry after returning from trade shows where everyone laughed at them and their Potty product. Look who's laughing now. You would have learned how Aaron Krause almost gave up on the Scrub Daddy – relegating it to a bin for over 5 years. Just by listening to the podcast every week, it is like having a successful inventor share his or her secrets with you – for free.

That is just the beginning. The Inventors Helping Inventors podcast has already notched over 6,000 downloads – with many more to come.

But, just like JLD, I have a much larger vision and an audacious goal.

I want to help 1 million inventors to succeed.

All I need to do to realize that dream is to have 1 million listeners to the podcast,

Want to know how you can help me?

Watch the video below for all the details. Then subscribe to Inventors Helping Inventors– by clicking here. Also, please rate and write a review for the podcast in iTunes.

Lastly, spread the word to other inventors!

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Want to know more about the power of podcasting for entrepreneurs?

Grab your FREE copy of – Powerful Podcasts for Entrepreneurs – cheat sheet now. Just click on the blue button below to get your copy now.

Would you like to learn how to make money from your invention? Tired of just spending money?

Attend the next FREE live webinar – How to License Your Invention for Royalties.

All you need is your cell phone, laptop or desktop computer to attend this LIVE webinar. Get all your questions answered.

Just click on the orange button below to sign up for the next FREE live webinar – License Your Invention for Royalties.