Category Archives: Strategy

Inventors – Why Your Friends are Your Worst Enemies

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 […]

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Posted in Attitude, Behaviors of success, Benefits are easily demonstrated, Criticism, Critiquing ideas, Dealing with rejection, Disappointments, DRTV, Invention, Inventor enemies, Inventor friends, Paths for your product, Perception = reality, QVC, Rejection, Sell on TV, Strategy, Turning setbacks into success | Leave a comment

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 […]

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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 […]

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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

Inventing as a Career

Many parents have heard these fateful words from their sons or daughters: Mom and Dad, I’m dropping out of college to become a ——— Fill in the blank with actor, rock star or inventor. All three endeavors have one common thread: … Continue reading

Posted in Career success, Creativity, Focus, Ideas, Invention, Keys to Success, Persistence, Resourcefulness, Strategy, Why inventors fail, Why inventors succeed | 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

Presenting Your Product for Licensing

In the prior post I discussed how you should prepare for licensing before you leave home to present your product. In today’s post, the follow up to last week, we’ll address tips on effectively presenting your product to a potential … Continue reading

Posted in Annual report, Benefits are easily demonstrated, Enticing intro, Invention, Licensing, Representing your product, Strategy | 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