17
Aug

Inventors, What Do You Know About Having Investors For Your Invention?

There isn’t a week that goes by that I don’t have several Inventors contact either asking if I would like to invest in their idea or can I direct them to someone that would invest. The thing that troubles me is the lack of understanding of what they are asking and what it will...
05
Aug

Inventors Need to Understand The Advantages and Disadvantages of Exclusive and Non-Exclusive Licensing

When many Inventors think about licensing their idea/invention they think of Exclusive and non-exclusive as the only options. What may be overlooked is the way these can be used to your advantage. Example, if I licensed my idea to a toy company and they wanted an exclusive...
01
Aug

ARE THESE THINGS TO DO IF YOUR INVENTION OR IDEA GETS REJECTED?

I don’t know any Inventor that has submitted an idea for review by a company that has not gotten a rejection. The question is how do you react to that rejection? Below are things that Inventors have done when they received the dreaded rejection. Do you see yourself or any of your...
26
Jul

Are You Giving Away Your Invention Ideas By Your Actions?

Here is a perfect example of what I am referring to when I ask “Are You Giving Away Your Invention Ideas By Your Actions?” Inventors don’t READ what they sign up for and then later complain when it goes bad or they get rejected. Let me say up front I have no issue...
22
May

Inventors, Your Good or Bad Reputation Will Follow You More Than You Know

Had a discussion last week with an Inventor that has had a string of rejections from company Y even though based on the ideas he has shown me you would think they would have shown interest. His presentation is short and concise. He has great graphics that show his ideas and...
16
May

Are Invention Posting Sites A Waste Of Time?

Invention posting sites are gaining popularity, but do you gain any benefit from them? In my opinion these sites feed off of the Inventor’s hopes of getting discovered by a major player in their particular target market and making millions. The web is flooded with these websites...
30
Apr

​INVENTORS, WHERE IS EVERYTHING ABOUT YOUR INVENTION KEPT AND WILL YOU LOSE IT?

Talking with an Inventor this week prompted me to write this thread. When you invent something you may have had to use outside help to get it into its current state. You had someone build a presentation, a mold, website, prototype, CADs, 3D model, sell sheet, video, animation,...
01
Apr

INVENTORS ASK, WHAT IS A SELL SHEET AND WHY DOES MY INVENTION NEED ONE?

A sell sheet is basically your calling card to a company. It is used throughout all industries to show a company your products benefits. There is no one size fits all when it comes to sell sheets. The formatting can be anything you want it to be. They can be very professional...
26
Mar

Why Inventors Should Watch QVC and HSN and Its Not Why You think

How much time do you spend Watching QVC and HSN? You would be surprised how much you can learn taking time to watch and really look at how they try and pull the viewer into the benefits of the product verbally and visually. Look at the difference how they pitch the product when...
26
Mar

A Bad Idea/Invention in a Silk Suit is Still a Bad Idea

Okay, let’s face it we all have ideas we think are great and we want to see them get to market. For some reason when an Inventor has a bad idea they think if they explain it to you more and more it will make the idea better. It doesn’t. Just because your family and friends say...