by Alan | Oct 2, 2016 | Ideas, Importing, Invention, Licensing, Manufacturing in China, Marketing, Patent Search, Patents, Paths for your product
I thought it might be nice to post a variety of common questions that inventors ask and my answers. My answers are, of course, just that: my answers. Other inventors may, no doubt, have different answers than I do. Here are the Q & A's, in no particular order....
by Alan | Aug 7, 2016 | American Dream, Big success, Career success, Dealing with rejection, Disappointments, DRTV, Invention, Keys to Success, Licensing, QVC, Sell on TV, Setbacks, TV testing, Web testing
This post is a follow up to Turning No's Into Inventing Success from last week. In that post, I described the most painful no I ever received – from a large wallet manufacturer who had initially been keenly interested in licensing my product. The second defining...
by Alan | 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 Alan | 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...
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 15, 2016 | American Dream, Annoying problems, Invention, Keys to Success, Licensing, Persistence, product pricing, Product success, Struggling inventor, Why inventors succeed
Everyone wants the good life, for themselves and their families. The frequently overlooked question is: what really comprises the good life? Is it about earning a high income or having wealth and a secure retirement? Is devoting time to family, friends, and loved ones...