Five Tips for Inventing
Five Tips for Inventing
Tip One – Research, Research, Research
Make sure you spend a great deal of time not only investigating if your invention already exists but if there is also market potential. One of the simplest ways to do this is to conduct a focus group with your friends and family. Have them all over for a dinner or party and then informally ask them if your idea would be something they would buy. Their responses not only tell you if there is market potential but also may provide you with some clues on how to refine your concept.
Tip Two – Protection
We always recommend securing at least a provisional patent for your invention. This is a cheap and effective way to secure protection while you develop your idea. When sharing your idea with companies, always try to get them to sign a Non-Disclosure Agreement. A NDA is a contract that claims the parties involved, that are reviewing your idea, will not disclose, compete or share you idea.
Tip Three – Prototypes
Developing a prototype doesn’t have to cost you thousands of dollars. For first-time inventors, the best way to see if your invention will work the way you want it to would be to make it yourself. Your initial prototype doesn’t need to be made of high quality materials or look like a well polished product. The concept is to see if what you envisioned has potential and prove it will work. If everything looks good then consider investing in either a digital or physical prototype.
Tip Four – Presentation
Image is everything and when it comes time to present your idea, it can make all the difference. A well-designed graphic or polished design can make the sale and acceptance of your idea that much easier. This is where your research and the help of a professional designer can put you above the rest. High quality and informative graphics provide credibility while educating and exciting your audience. The faster they understand and the more they are wowed, the better chances for your invention.
Tip Five – Marketing
One of the best ways to get your invention moving is to attend a tradeshow. There are tradeshows for just about everything and attending one can easily put you in front of a variety of companies, buyers and distributors. These websites can help you locate a tradeshow that is right for you:
http://www.tsnn.com/
http://www.biztradeshows.com/usa/
While we could go on and on about the do’s and the don’ts for inventors, keep in mind that you are the master of your destiny and you can do well. Provide yourself with the information, tools and motivation to make your invention a success. Stay persistent, get creative and don’t take no for an answer.
Five Tips for Inventing - To learn more about this author, visit Brian Gates's Website.
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When it comes to developing a million dollar invention, unfortunately there are no sure- fire paths to success. However, there are several things with which you can do to increase your odds and ensure your invention has enough potential to succeed. Below are five general tips that you should consider when developing your invention:
Tip One – Research, Research, Research
Make sure you spend a great deal of time not only investigating if your invention already exists but if there is also market potential. One of the simplest ways to do this is to conduct a focus group with your friends and family. Have them all over for a dinner or party and then informally ask them if your idea would be something they would buy. Their responses not only tell you if there is market potential but also may provide you with some clues on how to refine your concept.
Tip Two – Protection
We always recommend securing at least a provisional patent for your invention. This is a cheap and effective way to secure protection while you develop your idea. When sharing your idea with companies, always try to get them to sign a Non-Disclosure Agreement. A NDA is a contract that claims the parties involved, that are reviewing your idea, will not disclose, compete or share you idea.
Tip Three – Prototypes
Developing a prototype doesn’t have to cost you thousands of dollars. For first-time inventors, the best way to see if your invention will work the way you want it to would be to make it yourself. Your initial prototype doesn’t need to be made of high quality materials or look like a well polished product. The concept is to see if what you envisioned has potential and prove it will work. If everything looks good then consider investing in either a digital or physical prototype.
Tip Four – Presentation
Image is everything and when it comes time to present your idea, it can make all the difference. A well-designed graphic or polished design can make the sale and acceptance of your idea that much easier. This is where your research and the help of a professional designer can put you above the rest. High quality and informative graphics provide credibility while educating and exciting your audience. The faster they understand and the more they are wowed, the better chances for your invention.
Tip Five – Marketing
One of the best ways to get your invention moving is to attend a tradeshow. There are tradeshows for just about everything and attending one can easily put you in front of a variety of companies, buyers and distributors. These websites can help you locate a tradeshow that is right for you:
http://www.tsnn.com/
http://www.biztradeshows.com/usa/
While we could go on and on about the do’s and the don’ts for inventors, keep in mind that you are the master of your destiny and you can do well. Provide yourself with the information, tools and motivation to make your invention a success. Stay persistent, get creative and don’t take no for an answer.
Five Tips for Inventing - To learn more about this author, visit Brian Gates's Website.
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George LudwigGeorge Ludwig is a recognized authority on sales strategy and peak performance psychology. An international speaker, trainer, and corporate consultant, he helps clients like Johnson & Johnson, Abbott Laboratories, Northwestern Mutual, CIGNA, and numerous others improve sales force effectiveness and performance. Though it's George's strategies and processes that help corporations increase productivity and performance, it's his tremendous energy and dynamism that spark the transformation. Again and again, clients remark on his amazing ability to unleash human capacity and inspire men and women to break out of their comfort zones. The result is a whole new type of salesperson. His customized presentations teach achievers to make stunning advances in their lives. From helping salespeople realize cherished dreams to helping corporations exponentially accelerate revenue streams, George Ludwig leaves audiences and individuals empowered, emboldened, and clamoring for more. George is the best-selling author of Power Selling: Seven Strategies for Cracking the Sales Code and Wise Moves: 60 Quick Tips to Improve Your Position in Life & Business. - Visit George Ludwig's Website |
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