Tag Archives: invention

Grit for Inventors

Inventors always are searching for new product ideas; and always seek the elusive secret to inventing success. Spoiler alert: there is not a secret to inventing success. Success comes from practicing a combination of many behaviors consistently over time. I separate … Continue reading

Posted in Angela Lee Duckworth, Critiquing ideas, Disappointments, Grit, Invention, Keys to Success, Myth of easy success, Persistence, resilience, Setbacks, Wow factor | Tagged , , , | Leave a comment

3 Keys to Inventing Success

Imagine a travel company that advertises a two-day scenic 500 mile train ride through the Great Smokey Mountains for $300. When you ask for schedules, towns connected, details of the train, you receive the following answers: We don’t actually have … Continue reading

Posted in Annoying problems, Career success, DRTV, High profit margin, Invention, Keys to Success, Price elasticity of demand, Sales price less than $20, Visualize your success | Tagged , | 1 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

Consumer Electronics Show 2016 – Key Trends

I just got back from attending the 2016 Consumer Electronics Show (CES) in Las Vegas. Wow! The CES is the largest trade show in Las Vegas, featuring over 3,600 exhibitors and drawing over 150,000 attendees. From January 6 – 9 innovative … Continue reading

Posted in 3D Printing, Consumer Electronics Show, Innovation, Invention, Persistence, Virtual Reality, Visualize your success, Why inventors succeed | Tagged , | 1 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

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

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