Category Archives: Keys to Success

Inventor’s Story: from the Pits to a Peak

I have written a few posts about resources, many of which are free, readily available to assist inventors in developing their businesses. Below is the most recent post: Resources Galore for Inventors – July 2016 The July post described resources that were specific to invention – people and companies that could help you move forward with your […]

Continue reading

Posted in Attitude, Behaviors of success, Criticism, Dealing with rejection, Disappointments, Invention, Keys to Success, Rejection, Setbacks, Strategy, Turning setbacks into success | Leave a comment

Inventors: How to Turn Setbacks into Success

I have written a few posts about resources, many of which are free, readily available to assist inventors in developing their businesses. Below is the most recent post: Resources Galore for Inventors – July 2016 The July post described resources that were specific to invention – people and companies that could help you move forward with your […]

Continue reading

Posted in Attitude, Behaviors of success, Criticism, Dealing with rejection, Disappointments, Invention, Keys to Success, Rejection, Setbacks, Strategy, Turning setbacks into success | Leave a comment

Looking for a ‘Few Good Men & Women’

William Jones, captain of Marines in the Providence (the 28-gun frigate, not the 12-gun sloop) then at Boston,  advertised in the 20 March 1779 Providence (R.I.) Gazette the need for “a  few good Men” to engage in “a short Cruize” … Continue reading

Posted in Daring to Invent, Invention, Invention marketing companies, Inventor-center.net, Keys to Success, Leverage, Licensing, Product development | 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

Inventors Hold the Keys to Success

Inventors work full time at their “day jobs” and nights and weekends spending time, energy, and capital hoping their inventions will someday “hit it big.” Yet less than 3% of patent holders ever profit from their inventions. Inventors hold the keys to success in … Continue reading

Posted in Career success, Innovate or deteriorate, Innovation, Invention, Keys to Success, Success rates, Thinking differently, Why inventors matter, Why inventors succeed | Leave a comment

3 Keys to Licensing Your Invention

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 … Continue reading

Posted in Attitude, Invention, Keys to Success, Licensing, Make the best deal you can, Why inventors succeed | Leave a comment

Grit for Inventors

Inventors always are searching for new product ideas; and always seek the elusive secret to inventing success. Spoiler alert: there is not a secret to inventing success. Success comes from practicing a combination of many behaviors consistently over time. I separate … Continue reading

Posted in Angela Lee Duckworth, Critiquing ideas, Disappointments, Grit, Invention, Keys to Success, Myth of easy success, Persistence, resilience, Setbacks, Wow factor | Tagged , , , | Leave a comment

The Good Life – Successful Inventors

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, … Continue reading

Posted in American Dream, Annoying problems, Family and friends, Invention, Keys to Success, Licensing, Persistence, product pricing, Product success, Struggling inventor, The Good Life, Why inventors succeed, World's best job | Leave a comment

3 More Keys to Inventing Success

In last week’s blog, I described 3 keys to inventing success: Solve an annoying problem Retail Sales Price is Less than $20 Must Have a 4X to 5X Mark Up In today’s blog, let’s consider 3 more keys to inventing … Continue reading

Posted in Dollars per square foot, Footprint, HSN, Invention, Keys to Success, Product development, product pricing, Profitability, QVC, Ready to use, Wiling to reconsider | Leave a comment

3 Keys to Inventing Success

Imagine a travel company that advertises a two-day scenic 500 mile train ride through the Great Smokey Mountains for $300. When you ask for schedules, towns connected, details of the train, you receive the following answers: We don’t actually have … Continue reading

Posted in Annoying problems, Career success, DRTV, High profit margin, Invention, Keys to Success, Price elasticity of demand, Sales price less than $20, Visualize your success | Tagged , | 1 Comment