Monthly Archives: August 2016

Inventions are Cash-Eating Pigs

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 … Continue reading

Posted in Economies of Scale, Financing an invention, Invention, Invention marketing companies, Lambert & Lambert, Patent strategy | 1 Comment

‘Olympian’ Inventor: Go for the Gold

The eyes of millions are riveted on their TV sets as the world’s top-echelon athletes compete in the summer Olympics in Rio de Janeiro . All the athletes are “going for the gold,” but very few will win gold, silver, or bronze … Continue reading

Posted in Annoying problems, Benefits are easily demonstrated, DRTV, High profit margin, Invention, low cost products, Manufacturing in China, Michael Phelps, Olympic athletes, Problem-solvers, Sell on TV, Simone Biles, Wow factor | Leave a comment

Turning No’s Into Inventing Success, Part II

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 … Continue reading

Posted in American Dream, Big success, Burning Conviction, Career success, Dealing with rejection, Disappointments, DRTV, Invention, Keys to Success, Licensing, QVC, Sell on TV, Setbacks, TV testing, Web testing | Leave a comment