Category Archives: Perceived market value

The American Dream: Myth and Reality, Part II

In the prior post, The American Dream: Myth and Reality, I discussed two premises regarding the American dream: Premise 1: It should be Easy to Earn a Lucrative Living Premise 2: Those willing to Take Risk and Work very Hard May Achieve … Continue reading

Posted in American Dream, Big success, HSN, Ideas, Keys to Success, Myth of easy success, Paths for your product, Perceived market value, Persistence, Problem-solvers, QVC, Risk versus reward, Shark Tank | Tagged , , , | Leave a comment

Real World of Inventing

Very little is written about the real world of inventing. Many wannabe inventors love to do the following: Come up with ideas for new products Create working prototypes of our ideas Hope to find someone to “buy” the idea or invention To succeed as … Continue reading

Posted in Financing an invention, Ideas, Innovation, Invention, Keys to Success, Licensing, Patents, Perceived market value, Product success, Royalty rates, Strategy, Success rates, Why inventors fail, Why inventors succeed | Tagged , , , , | Leave a comment

Leveraging the American Dream, Part 2

In the previous post on Leveraging the American Dream I addressed a key challenge affecting lower and middle-income workers: they have no effective leverage to obtaining higher wages. The hourly worker may indeed work more hours, but they cannot work 24 hours … Continue reading

Posted in American Dream, Career success, Hourly workers, Invention, Keys to Success, Leverage, Perceived market value, Salaried workers | Tagged , , , , | Leave a comment

Leveraging the American Dream, Part 1

Most people cannot lift a 500 pound weight off the ground by themselves. But, by using a simple lever with a long bar and a fulcrum, they can use a small amount of force with leverage to lift a heavy weight. I … Continue reading

Posted in American Dream, Career success, Hourly workers, Invention, Keys to Success, Leverage, Perceived market value, Salaried workers | Tagged , , , , | 1 Comment