Category Archives: Product success

Turning No’s into Inventing Success

I hesitated to write this particular blog post. I knew lots of readers would roll their eyes and say to themselves, “oh boy, another tawdry tale about failing in the process of success.” I know. But, honestly, I had to … Continue reading

Posted in Dealing with rejection, Invention, Invention failure, Marketing, Paths for your product, Product success, QVC, resilience, Sell on TV, Setbacks, Turning no's into success | 3 Comments

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

The Road Less Traveled for Inventors

Two roads diverged in a wood, and I—  I took the one less traveled by,  And that has made all the difference. Robert Frost Patent, Prototypes, and Packaging Much of inventing and the creative process is intangible: will consumers really understand … Continue reading

Posted in Annoying problems, Benefits are easily demonstrated, Focusing on the wrong problem, Invention, Marketing, Marketing Message, Patent strategy, Patents, Problem-solvers, Product success, Wow factor | Leave a comment

2016: Thoughts on Inventing in the New Year

It is a new year, a great time for reflection and to consider your goals and objectives for 2016. This could be a great time to get to work on your product idea: the one that has been bouncing around … Continue reading

Posted in American Dream, Ideas, Innovation, Invention, Persistence, Product success, Risk versus reward, Sacrifice, Visualize your success, Why inventors succeed | Tagged , , , , , , | Leave a comment

Your Invention: Fail Early and Fail Fast

You have an idea for a great new product. Now what? What you choose to do next is key to your success (or lack of it). Here are your first three steps: Do your own free patent search on uspto.gov … Continue reading

Posted in Career success, Critiquing ideas, Culling ideas, Invention, Invention failure, Patent Search, Patent strategy, Patents, Product development, Product success, Prototypes | 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

Persistence Pays

It has been said so many times that it has become a cliche, but here it is again: if you want to succeed you must be persistent, very persistent. Persistence is a key element of all business success, but persistence … Continue reading

Posted in Big success, DRTV, HSN, Keys to Success, Licensing, Marketing, Persistence, Product success, QVC, Resourcefulness, Strategy, Why inventors succeed | Tagged , , , , , , , | Leave a comment

Inventors: Become Curious Observers

I have observed that engineers, accountants, architects and other professionals who put many long, hard hours not only into their profession, but into continuing educations to maintain their skills in the marketplace. Makes perfect sense: to succeed and advance in … Continue reading

Posted in Creativity, Ideas, Innovation, Invention, Keys to Success, Patents, Paths for your product, Problem-solvers, Product success, Strategy, Why inventors succeed | Tagged , , , | 1 Comment

Assessing Your Million Dollar Idea

IYou’ve just come up with a brainstorm, a million dollar idea! Why hasn’t anyone thought of it before? It is so simple, but everyone will want to buy it! All you have to do is just get it out there … Continue reading

Posted in Benefits are easily demonstrated, Critiquing ideas, Licensing, Patents, Paths for your product, Product success, Profitability, Strategy, Why inventors succeed | Tagged , , , , , | Leave a comment

Preparing to License Your Product

Almost every inventor considers licensing his or her invention to a manufacturer in exchange for a percentage of royalties of all sales of the product. Your great new innovative product solves a problem almost everyone has. You make a few … Continue reading

Posted in 10K report, 10Q report, Annual report, Benefits are easily demonstrated, Enticing intro, Invention, Licensing, Product success, Representing your product, Strategy | Tagged , , , | 1 Comment