by abeckley | Jun 25, 2016 | American Dream, Career success, Invention, Licensing, Paths for your product, Risk versus reward
Many things about inventing seem to be Gordian knots. So, let's keep it a bit simpler in this blog post: there are two paths to success as an inventor: Build a business around your product License your product and collect a royalty based on sales Building a Business...
by abeckley | Jun 21, 2016 | Career success, Innovate or deteriorate, Innovation, Invention, Keys to Success, Success rates, Why inventors matter, Why inventors succeed
Inventors work full time at their “day jobs” and nights and weekends spending time, energy, and capital hoping their inventions will someday “hit it big.” Yet less than 3% of patent holders ever profit from their inventions. Inventors hold the...
by abeckley | Jun 12, 2016 | Invention, Invention marketing companies
One key to success as an inventor is to discover early on who are your friends and who are your enemies. Your friends will help you to succeed, your enemies will help you to fail. Inventors have 2 friends and 2 enemies. Two Friends of Inventors Two friends that every...
by abeckley | Jun 4, 2016 | Attitude, Invention, Keys to Success, Licensing, Make the best deal you can, Why inventors succeed
There are many aspects to licensing your invention rather than building a business around your product. Prolific inventor Stephen Key has written many good articles on the benefits of licensing. Let's instead focus more narrowly on 3 keys to licensing your invention...
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