by Alan | May 29, 2016 | Crowd funding, Indiegogo, Innovate or deteriorate, Innovation, Invention, Kickstarter, Licensing, Persistence, Shark Tank
I and many others have written about how risky it is to be an inventor. If you are reading this you either are already an inventor or want to be an inventor. Let's talk about reasons why you should be an inventor! Barriers to entry are low Tools and resources are...
by Alan | Apr 1, 2015 | Career success, Creativity, Crowd funding, Financing an invention, Ideas, Invention, Keys to Success, Licensing, Patents, Why inventors succeed
There are many challenges to inventing, not the least of which is: how to succeed on a limited budget. Patents are expensive – approximately $5,000 – $10,000 or more (depending on invention complexity). Developing, marketing, and bringing your own product...
by Alan | Feb 7, 2015 | Crowd funding, Ideas, Innovation, Invention
Ever since the so-called Great Recession of 2007 – and the subsequent tepid economic recovery that followed – the media is replete with gloom and doom forecasts for a dismal future in the US. Do a Google search on is the US losing its competitive edge and...
by Alan | Feb 5, 2015 | Crowd funding, DRTV, Ideas, Invention, Keys to Success, Licensing, Marketing, Product success, Strategy, Why inventors succeed
I am doing a follow up to my last post, 3 Things I Wish I Knew When I Started, because I felt I had a bit more to say about each that could be of benefit to readers. So, below are some thoughts on how you could build a strategy around the 3 things. There are many...
by Alan | Jan 31, 2015 | Crowd funding, DRTV, Ideas, Invention, Keys to Success, Licensing, Marketing, Product success, Strategy, Why inventors succeed
When I started my invention career in 2002, it took a great deal of time to get any real progress on commercializing my first invention: Savvy Caddy wallets. Below are 3 things I wish I knew when I started: There are many paths to the marketplace for an innovative...
by Alan | Jan 29, 2015 | Critiquing ideas, Crowd funding, Culling ideas, Financing an invention, Ideas, Invention, Keys to Success
Many new inventors suffer from a common malady: Too Many Ideas – Too Few Products I have touched on the subject in a variety of ways in prior posts. In essence, the problem is that many inventors approach inventing and product development more like a hobby than...