Tell Us About Your Invention
Who we are and what we Do
Will my invention sell, is it worth investing money into it?
We evaluate new product ideas and inventions for our clients. Many companies in the invention help industry will fill you with what you want to hear just to suck you in. They will ask you for hundreds of dollars and promise to present your Invention to specific companies (who they claim to be affiliated with) for potential licsensing and royalty profits. Here's the hook, once the contract aggrement has been signed, some of these invention help compantes will ask you for THOUSANDS of dollars to do patent research, produce a prototype and presentation materials on your invention. Did you know that most of these companies have to disclose there success rate to you? Did you know, only a very small percentage of inventions ever get a license agreement or signed contract from any of these so called "invention help" companies? In fact approximatley 1 out of every 36,000 inventor submissions per year, actually make a profit from using these types of organizations.....and thats after spending $5000-$20000!
Characteristics of Successful Inventors
Successful inventors know more than just a technical sequence of steps. Beyond that, what really makes them successful is the personality characteristics they possess. They have a mindset that enables them to make the right decisions when they need to be made. While this is a bit harder to learn and master than the steps of a process, it is no less important. In fact, it may actually be more important. That being the case, let’s explore what some of these vital personality characteristics are.
1) Developing a bias towards action.
By far the most beneficial characteristic of successful inventors is having a bias towards action. Very simply, this is a shift in thinking where you are more inclined to do something than do nothing. When an opportunity presents itself, you move quickly and intelligently to capitalize on it. When a problem arises, you act just as quickly to neutralize it and minimize the damage. This is a major change from the habits of non-successful inventors (and non-successful people in general), who are usually happy to twiddle their thumbs while waiting for answers to serendipitously appear. This is fatal to your chances of success. Therefore, you should make it your business to develop a bias towards action as quickly as possible.
2) Being decisive
Going hand in hand with the a bias toward action is the habit of being decisive. As an inventor, you are the point man, the rainmaker, the go-to guy. You don’t have a CEO, human resources department, or labor union to bail you out when things go wrong. It’s you or bust, and that makes being decisive an absolute must. Again, this is more of a mentality than a step-by-step process. You need to feel ice in your veins when the time comes to make a big decision, being prepared to stake everything on the choice you ultimately make. As the great philosopher Ayn Rand wrote,
“An inventor is a man who asks ‘why?’ of the universe and lets nothing stand between the answer and his mind.”
3) Having integrity.
One of the biggest reasons people strike out on their own to invent stuff is they want to escape the backstabbing, soul-crushing, opportunistic corporate world. They didn’t want to BS and backbite their way to retirement. Integrity is very important to them, and should be to you.
Therefore, you want to be percieved as a man of your word. You never know who you are going to need a favor from. The person you you talked down last year might be in a position to make or break you someday. Plus, it’s just bad form to screw people in order to succeed. Stay true to your principles at all times and you will have mastered a crucial success habit.
4) Staying focused on your main goals.
Focus is another “state of mind” characteristic that you must work at if you don’t already have it. Very simply, it means devoting the most time to the things that move your goals closer to realization. The top inventors intuitively know this.
They know that every second they spend on other things is time they aren’t spending on finishing, packaging, and marketing their product. Adopt the same mindset and you will be well ahead of the curve.
5) Loyalty to your goals
This might seem like the same thing as staying focused on your goals, but it’s really not. Loyalty to your goals is what you need when a seemingly (but not actually) better opportunity arises. As human beings, it’s easier to take your eye off the ball. Especially when you get caught up in what seems cool and glamerous right now. But if you want to succeed as an inventor, you cannot succomb to this temptation. John Carlton elaborates:
“But when you have a set of goals to measure any incoming opportunity against, you know exactly what to do. If the opportunity moves you closer to your goal, then you jump on it. If it doesn’t… well, you’re allowed to reconsider your fundamental goals, but when you’re dead set on something specific (like being an entrepreneur) then it’s easy to let even hot opportunities go (like taking another job with The Man, regardless of how attractive the salary is).”
For an inventor, this means ignoring naysayers who tell you your dream is hopeless. It means listening to your own inner voice instead of surrendering it to people who want to drag you down to their level.
6) Developing Strong ‘Why’s’
Why are you an inventor? Why are you inventing what you are inventing? Answering these questions – really, firmly, no-doubt-about-it answering them – will take you a long way toward following through on steps 4 and 5. One of the main reasons people don’t reach their goals is because they never had good reasons for setting them. Maybe they picked an arbitrarily high goal to impress their friends or family. Maybe they picked a goal they intuitively know is impossible to reach, so they give up. The solution is setting goals that are A) realistic and B) you actually want and need to achieve.
Think it through in such depth that you can recite your reasons at 3AM when someone pulls you out of a dead sleep and demands to know what they are. Once you are this resolved in why you are doing something, you will be virtually unstoppable.
Tell Us About Your Invention LLC
Is a unique business...we're actually interested in hearing about your new product idea or invention. We are NOT about how much money we can suck out of you. Please understand, the greatest chance of success in getting your invention to market will come from YOU and only you. You control your own destiny by being well informed and knowing when and how to bring your invention or new product idea to the next level.
Our team has been where you are today. We understand the frustration and
challenges inventors incounter with this process. Its not always the "Greatest Inventions" that become commercially successful....Its more a matter of the inventors who follow the right path, stay motivated, and are able to realize, rejection is part of this business. As an inventor you may experience disappointment along the way BUT that doesn't necessarily mean your invention is not as great as you thought it was. If your invention is patentable, safe to use, and absolutely solves a problem or makes a task easier to perform, then there is a market for it. Its just a matter of having the perseverence in finding someone or some company willing to invest and give your
invention a chance to prove itself to consumers.
Related Links
Invention company fraud
http://inventors.about.com/od/avoidingscams/Invention_Company_Fraud.htm
Inventor Insights Free Inventor Help Online
http://www.inventorinsights.com/index.html
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