by Alan | Aug 29, 2016 | Financing an invention, Invention, Invention marketing companies, Lambert & Lambert, Patent strategy
Face it: inventions are cash-eating pigs. Why? Inventing is an extremely risky business venture that is front-loaded with costs and profits, if any, come much later, sometimes never. Your invention is a hungry pig that will happily consume all of your capital and...
by Alan | 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 Alan | Nov 8, 2015 | Ideas, Innovation, Invention, Invention failure, Invention marketing companies, Licensing, Patents, Why inventors fail
Much is written about what inventors should do to be successful. But, equally important is what inventors should avoid doing to be successful: inventor no-no's. Below are three no-no's every inventors must avoid to achieve success. No-No 1: Rushing out to File a...
by Alan | Jul 26, 2015 | Ideas, Invention, Invention marketing companies, Investors, Keys to Success, Licensing, Royalty rates, Strategy, Why inventors fail
Many promising inventions fail to achieve success in the marketplace. Why? There are many reasons. In today's blog, I want to discuss three key pitfalls that can and must be avoided for an inventor to achieve success with his or her product. Below are three common...
by Alan | Jun 3, 2015 | Career success, Financing an invention, Invention, Invention failure, Invention marketing companies, Investors, Keys to Success, Licensing, Why inventors fail
When I was a child, one of the first lessons I learned from my parents was “follow the rules” – of appropriate behavior. Throughout our adult lives we learn to ‘follow the rules' for success in our career (show up on time, get projects finished...
by Alan | Aug 3, 2014 | Crowd funding, Invention, Invention marketing companies, Keys to Success, Licensing, Why inventors succeed
In recent blog posts, I have described a variety of reasons why inventors often fail. So now, let’s look at reasons why inventors succeed. Today’s topic: Key to Inventor Success – a Clear Goal and a Plan B New inventors struggle with many issues most notably: what is...