Category Archives: Due diligence

Inventor Financial Blunders – and How to Avoid Them

Posted on 05/15/2017 by ideaworth

Inventing is a challenging profession: it is capital intensive and many big costs occur in the beginning and the profits, if any, may not come until years later, if ever. Who wants to sign up? Obviously, I ‘signed up’ or I wouldn’t be … Continue reading →

Posted in Capital risk, DRTV, Due diligence, HSN, Invention, Invention failure, Invention marketing companies, Patent Search, Patent Search International, Patents, QVC, Sell on TV | Leave a comment

New Inventor with New Invention: Now What?

Posted on 12/11/2016 by ideaworth

Every day across America, across the globe, thousands of new inventors have their first aha moment: an idea for a new invention to solve an old problem. In March, 2002, I dreamed up an idea for a thin, flexible wallet to solve … Continue reading →

Posted in Behaviors of success, Due diligence, Invention, Invention marketing companies, Inventor's notebook, Prototypes, Research, Why inventors fail | Leave a comment

How to Avoid Inventor ‘Bear Traps’

Posted on 12/03/2016 by ideaworth

What are biggest barriers that prevent inventors with great products from achieving success? Interestingly, the biggest barriers to inventor success are not what immediately comes to mind for most people: money, competition, or lack of connections. Why? While those are … Continue reading →

Posted in Barriers to entry, Behaviors of success, Due diligence, Hubris, Invention, Invention marketing companies, Lambert & Lambert, Paths for your product, Pursue your passion | Leave a comment