Category Archives: Licensing

New Inventor Startup Kit

When I conceived my idea for a thin, flexible wallet invention in 2002, I was very excited about the potential of my invention. But, I had no clue what I should do first. So I found a patent attorney and … Continue reading

Posted in Capital risk, Culling ideas, Focus, Footprint, High profit margin, Invention, Keystone pricing, Licensing, Paths for your product, product pricing, Risk versus reward, Shelf space | 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

Inventor Q & A: Questions and Answers

I thought it might be nice to post a variety of common questions that inventors ask and my answers. My answers are, of course, just that: my answers. Other inventors may, no doubt, have different answers than I do. Here are … Continue reading

Posted in Ideas, Importing, International sourcing, Invention, Licensing, Life of an entrepreneur, Manufacturing in China, Marketing, Patent infringement lawsuits, Patent Search, Patents, Paths for your product, Selling an idea | 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

Inventing Success: Two Paths

Many things about inventing seem to be Gordian knots. So, let’s keep it a bit simpler in this blog post: there are two paths to success as an inventor: Build a business around your product License your product and collect a … Continue reading

Posted in American Dream, Australia, Career success, Invention, Licensing, Paths for your product, Risk versus reward | 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

Why You Should be an Inventor

I and many others have written about how risky it is to be an inventor. If you are reading this you either are already an inventor or want to be an inventor. Let’s talk about reasons why you should be … Continue reading

Posted in 3D Printing, Barriers to entry, Crowd funding, Indiegogo, Innovate or deteriorate, Innovation, Invention, Kickstarter, Licensing, Maker's Spaces, Persistence, Shark Tank | 7 Comments