Category Archives: Why inventors fail

New Inventor with New Invention: Now What?

Every day across America, across the globe, thousands of new inventors have their first aha moment: an idea for a new invention to solve an old problem. In March, 2002, I dreamed up an idea for a thin, flexible wallet to solve … Continue reading

Posted in Behaviors of success, Due diligence, Invention, Invention marketing companies, Inventor's notebook, Prototypes, Research, Why inventors fail | Leave a comment

Cutting the Gordian Knot to Inventing Success

The Gordian Knot is a legend of Phrygian Gordium associated with Alexander the Great. It is often used as a metaphor for an intractable problem (disentangling an “impossible” knot) solved easily by loophole or “thinking outside the box” (“cutting the Gordian knot”). The iconic Gordian knot is analogous to the … Continue reading

Posted in Creativity, Focus, Focusing on the right problem, Focusing on the wrong problem, Ideas, Innovation, Invention, Marketing, Problem-solvers, Simple solutions, Surveys, Why inventors fail, Why inventors succeed | Tagged , , , , | 3 Comments

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

No-No’s for New Inventors

Much is written about what inventors should do to be successful. But, equally important is what inventors should avoid doing to be successful: inventor no-no’s.  Below are three no-no’s every inventors must avoid to achieve success. No-No 1: Rushing out … Continue reading

Posted in Ideas, Innovation, Invention, Invention failure, Invention marketing companies, Licensing, Patents, Why inventors fail | Tagged , , , , , | 1 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

How Not to Kill Your Licensing Deal

You presented your innovative new product to a manufacturer and great news, they are proposing a licensing deal to you! Congratulations! Inventors often spend years attempting to license their product unsuccessfully. Now don’t kill the deal before it is done! … Continue reading

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Inventing Basics: Three Key Pitfalls You Must Avoid to Succeed

Many promising inventions fail to achieve success in the marketplace. Why? There are many reasons. In today’s blog, I want to discuss three key pitfalls that can and must be avoided for an inventor to achieve success with his or her … Continue reading

Posted in Ideas, Invention, Invention marketing companies, Investors, Keys to Success, Licensing, Royalty rates, Strategy, Why inventors fail | Tagged , , , , | Leave a comment