Category: The Kitchen Sink

  • Invention Promotion Companies

    I have had more inventors calling to ask me about various invention promotion companies in the last few weeks.  “Good job” for checking into things and asking questions. You can do some checking yourself and the internet is a good place to start.  If you type the name of the company and add “scam” or…

  • Local Media

    Last week Ian Osborn of Wild Ideas Light Company won “Commercial Product of the Year” award at the DaVinci Inventor Showcase.  Congratulations to Ian and Wild Ideas Light Co. These local showcases can make a big difference for inventors.  For instance, there was a variety of judges at the showcase and they had all day…

  • Getting Help

    I’ve never met an inventor who was capable of doing all that was necessary to move his or her invention from concept to the market place.  The inventors who have tried to do it alone admit that they have made mistakes, with the biggest mistake being, they almost always say, not getting help when it…

  • How Long ‘til I Get There?

    One of the questions I frequently hear is “How long will it take to get into the marketplace?”  My answer is “It depends”. My last blog was about creating a timeline that would help to keep you on track, but here are five circumstances that can impact your timeframe: Most inventors still have a day…

  • Life Gets in the Way

    Most independent inventors can’t drop everything to focus on their invention. Inventors have jobs, kids, a spouse (maybe even more than one, if you’re slow in getting your invention off the ground). Simply put, inventors have a life other than just being an inventor. The problem is that life can get in the way of…

  • Inventor Warning: Caution is the Keyword in Dealing with IPHC’s

    I recently had a call from a patent attorney who wanted me to introduce him to my clients so that he could offer to buy their intellectual property from them. He has, what is called, an “Intellectual Property Holding Company” or “IPHC”. IPHC’s come in essentially three different flavors.  The first category consists of those…

  • The Inventor’s Business Plan

    Inventors frequently swing to two extremes when it comes to their business plan. The first one is simply: have idea – get patent – make money.  I can’t even tell you how many ways this is a flawed plan.  This plan is relevant only in fantasy land and real inventors can’t afford to live in…

  • Too Soon To Manufacture?

    A few weeks ago an inventor told me that he was checking into the cost of manufacturing before having his patent search reviewed.  This was a bit out of order but not a huge issue.  You want to understand the costs involved before jumping off the cliff.  However, I found out later that the inventor…

  • Invention & Innovation — A U.S. Competitive Advantage in a Changing World

    Current economic crisis aside, as we are all well aware, the world economy is changing fundamentally at a dizzying pace. Countries like Brazil, Russia, India and China (the “BRIC” Block that we hear so much about these days) are growing their economies at double digit rates, while the U.S. and the various state economies are…

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