Monthly Archives: November 2014

How to Succeed as an Inventor

Success Percentages are Always Disappointing Let’s face it, success percentages in difficult endeavors are always disappointing, typically less than 50%, often much less than 50%. In Freshman orientation for engineers, we were told only 1 in 3 of us would … Continue reading

Posted in Critiquing ideas, Ideas, Invention, Invention failure, Keys to Success, Licensing, Strategy, Why inventors succeed | Tagged , , , , | 1 Comment

Thinkers, Tinkerers, and Inventors

I have been an inventor for 12 years and have been full-time self-employed as an inventor for the last 5 years. I have found there are three kinds of people when it comes to invention. Thinkers When I relate the … Continue reading

Posted in Ideas, Invention, tinkerers, Why inventors matter | Tagged , , , | 1 Comment

Inventor Success: Cull Dim Bulb Ideas

I have written previously about culling your ideas to keep only the best ones. In that post, I posited that culling many “inspired” ideas down to a very small number of final candidates was essential to inventor success – a … Continue reading

Posted in Ideas, Invention, Why inventors matter, Why inventors succeed | Tagged , | 2 Comments

Why Be an Inventor?

Less than 5% of all patent holders profit from their invention. Almost everyone knows someone who invented something, but never got any traction or success from their concept or idea. It seems that the chances for success for the independent inventor are … Continue reading

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Mellow Monday – Mai Tai’s in Maui – Inventor’s Success – Part II

This is a follow up to the last post: Mellow Monday – Mai Tai’s in Maui – Inventor’s Success In that post, I mentioned that the rewards of successfully licensing your product can be significant – a lucrative passive income … Continue reading

Posted in Invention, Keys to Success, Licensing, Maui vacation, Why inventors succeed | Tagged , , , , | 1 Comment

Mellow Monday – Mai Tai’s in Maui – Inventor’s Success

The next several blog posts will be about licensing your product. Manic Monday in Memphis It’s Monday morning. You arrive late to work because of a massive traffic backup on the freeway. Frazzled and annoyed, you are about to enter a scheduled 9:00 am … Continue reading

Posted in Invention, Keys to Success, Licensing, Maui vacation, Why inventors succeed | Tagged , , , , | 1 Comment