by Alan | Aug 26, 2015 | Benefits are easily demonstrated, Invention, Licensing, Representing your product, Strategy
In the prior post I discussed how you should prepare for licensing before you leave home to present your product. In today's post, the follow up to last week, we'll address tips on effectively presenting your product to a potential licensee: What to bring with you to...
by Alan | Aug 22, 2015 | Benefits are easily demonstrated, Invention, Licensing, Product success, Representing your product, Strategy
Almost every inventor considers licensing his or her invention to a manufacturer in exchange for a percentage of royalties of all sales of the product. Your great new innovative product solves a problem almost everyone has. You make a few prototypes, then file a...
by Alan | Sep 18, 2014 | Ideas, Inventors checklist, Keys to Success, Representing your product
The next several blog posts will be upon “checklist” items for inventors: Today’s topic: Inventors Checklist: Your 30-Second Commercial Many inventors (though certainly not all) come from technical backgrounds – engineers, software developers and others. Technical...
by Alan | Jul 20, 2014 | Invention, Licensing, Representing your product, Royalty rates, Why inventors fail
In the previous blog – Why Most Inventors Fail – Too Many Idea, Too Little Focus, I discussed both the strengths and weaknesses of creative thinkers. Inventors are great at generating large numbers of ideas (a strength) but weak at culling them and focusing upon the...
by Alan | May 24, 2014 | Invention, Licensing, Representing your product, Research, Strategy
In the previous post – Q – Question: How do you License Your Product? – I discussed some of the pros and cons to two licensing approaches: engaging a licensing rep to negotiate an agreement on your behalf; or negotiating directly with manufacturers yourself (rep your...
