Category Archives: Wiling to reconsider

When is Your Next Gig? The Gig Economy

Every musician dreams of becoming the next big rock star. The reality for most  is having a primary income – their day” job – and working periodic “gigs” on weekends or evenings playing in whatever club will have them. Musicians … Continue reading

Posted in Career choices, chaos, Freelancing, Gig Economy, Job stability, Small Business Development Center, Technology advances, thriving in chaos, Wiling to reconsider | Leave a comment

3 More Keys to Inventing Success

In last week’s blog, I described 3 keys to inventing success: Solve an annoying problem Retail Sales Price is Less than $20 Must Have a 4X to 5X Mark Up In today’s blog, let’s consider 3 more keys to inventing … Continue reading

Posted in Dollars per square foot, Footprint, HSN, Invention, Keys to Success, Product development, product pricing, Profitability, QVC, Ready to use, Wiling to reconsider | Leave a comment

Inventing Basics: Focus, Finance, and Feedback – Part III

The next three blogs will address three topics important to inventors: Focus Finance Feedback Today’s topic: Feedback The process of dreaming up an idea, transforming it into an invention, then a product, and getting it into the marketplace is a meticulous, difficult … Continue reading

Posted in Ideas, Invention, Keys to Success, Licensing, Marketing, Strategy, Why inventors fail, Wiling to reconsider | Tagged , , , | 1 Comment

Inventing Basics: Search, Prototype, Validate

New inventors often say to me, “I have an idea I think is great, now what do I do?” My most succinct answer is to do the following: Search: USPTO.gov, retail and online stores, catalogs Prototypes: Begin building prototypes of … Continue reading

Posted in Ideas, Invention, Keys to Success, Patent Search, Patents, Product validation, Prototypes, Resourcefulness, Why inventors succeed, Wiling to reconsider | Tagged , , , , | 1 Comment

Inventing Basics: Why Your Invention Won’t Work!

 I have mentioned in past posts that less than 5% of all patent holders ever make a cent from their products. Some of the reasons are that inventors don’t realize how difficult it is to market a product successfully, how … Continue reading

Posted in chaos, Invention, Invention failure, Strategy, Why inventors fail, Wiling to reconsider | Tagged , , , , | Leave a comment

Inventing Basics: the 3 R’s of Inventing

Successful inventors live by the 3 R’s of inventing (be) Resourceful (be) Resilient  (be willing to) Reconsider Inventors are creative problem solvers. Successful inventors, however, are resourceful in every aspect of their businesses, whereas unsuccessful inventors, all to often look … Continue reading

Posted in Ideas, Invention, Keys to Success, Licensing, Marketing, Product success, QVC, resilience, Resourcefulness, Setbacks, Strategy, Website for your product, Why inventors fail, Wiling to reconsider | Tagged , , , , , , | Leave a comment