Featured

Steps to Invention Success..Where are you? By Brian Fried

1. Starts with an idea in your head, on a napkin, text, email or leave yourself a voice message to capture your idea before it disappears!
2. Attempt for intellectual property protection, including provisional, design, non provisional or utility patent and/or trademark.
3. Bringing your product to life-computer drawings (CAD), identify materials needed and make a prototype.
4. Licensing-preparing for licensees and representation
5.Manufacturing-preparing for production and tooling quotes, broker representation.
6.Marketing- packaging, sales sheets, demo videos, preparing for the pitch to retailers, web and social media presence.
7.Making the decision of licensing and manufacturing and discussing distribution channels- box big retailers, catalog, as seen on tv, specialty retailers, online retailers, etc.
8.Increase your opportunities with your invention- get some press!
9. Enjoy the process and make some $$!
10. Start all over again!
Here’s to You and Your Big Ideas!You and Your Big Ideas-A Resource Guide for Inventors, Innovators and Entrepreneurs By Brian Fried

From your Tip Master,
Brian Fried
brianfried@gmail.com

Get Invention Help and visit: www.getinventionhelp.com

Featured

You and Your Invention Just Hit a Brick Wall

Last night I was consulting an inventor on Skype that was just starting off with her invention.. She had a homemade prototype, quote from a patent attorney of$5,000, a quote from a patent searcher of $1,000 and a quote for engineering of $9,000.
She struggled to explain what the products purpose was at first and then once I understood it’s purpose and function, I put up a red flag.
Out of all the inventions in the world, she presents one so similar to one I’ve already worked on with another inventor that is fully patented and out in retail already. I showed it to her on a website and she agreed that it was just about the same thing. What a gift..or was it a heart-breaker?
We discussed what her options were which is to modify it so it would be unique in its function, but most likely will be a far road taking that direction.
Then a second wind of possibilities came out which went in a big circle back to reality of that brick wall.
It hurts at first and for a while after, but I told her to take a look at those quotes from the patent attorney, engineer, and think about all the time and effort she passionately would have put in to hit that brick wall- money saved, lesson learned.
Whether it’s going to the store, online, doing your own patent search, finding out from a professional search, finding out if it’s out there to start, will help you either find a better way to make it work(utility patent) or look (design patent), find out if it’s in the public domain(if the patent expired) and come up with a great trademarkable name and start to manufacture it on your own OR move on to your next idea. Once you came up with that first idea, the next one just happens and the next.. Clear your path for your next idea which could be the one!

From your Tip Master,
Brian Fried
brianfried@gmail.com

Featured

Just got a call from inventor asking about launching her product…

Inventor called and we discussed her product that is fully developed, great idea and at a crossroad on what to do… She has a full time job, has limited cash and wants to manufacture her product on her own. We discussed her options and spoke about starting slow, maybe reaching out to catalogs, building a website and generate some online sales and build a track record and at the same time, this is a way for you to gauge interest without quitting your day job and putting your bread and butter at risk.
We also spoke about how getting into retailers is difficult, not impossible having one product to pitch them with..
The other option would be to try to license it and collect a royalty with little risk to you.
Licensing means to contact a company that is in the same product category as your invention and if they decide they are interested, you can agree to terms of an advance, royalties, territories and time.
I’ll get more into licensing agreements and how to approach licensees in upcoming posts…

TV Pitch Lady Cathy Mitchell’s Advice for Inventors on Got Invention Radio

Got Invention Radio Host Brian Fried interviewed legendary TV Spokesperson Cathy Mitchell on key points that make inventions a success for TV and other industries. Hear great inventing tips to keep your ideas moving forward.

Listen or Download Cathy Mitchell’s interview or other past interviews on Got Invention Radio to get great advice from the experts for your invention ideas!

More Inventing Tips for you from your Tip Master,

Brian Fried

Let me help you one on one with your invention. Visit www.Inventorconsulting.com

Selling Your Invention Idea?

As I connect with inventors daily, I hear many say that they want to “sell my idea”, they want to sell their ideas to a company. What does that really mean? They want someone to take their idea and run with it… this expectation may be a small window of opportunity.

Below are two quick tips to help you with taking your idea to the next level.

1. Most companies you present your idea or prototype to may either license your invention idea, which means, you give them rights to your intellectual property, they have distribution in retail channels and you collect a royalty. Most of the time, if you do not have any intellectual property, a company (licensee) would not license your idea, as they can do it without you. I always try to have some intellectual property, a provisional patent or design patent filed and come up with a good trademarkable name.

Or

2. You take your idea, you may or may not decide to obtain intellectual property, start to manufacture your product (as long as you are not infringing on someone else’s intellectual property and then “sell your idea” now a product.

Keep moving forward with your big ideas!

Another tip from your Inventing Tip Master,

Brian Fried

www.inventorconsulting.com 

Got Invention?

www.gotinvention.com

It’s Time to Make a Difference with your Big Ideas!

1. Starts with an idea in your head, on a napkin, text, email or leave yourself a voice message to capture your idea before it disappears!
2. Attempt for intellectual property protection, including provisional, design, non provisional or utility patent and/or trademark.
3. Bringing your product to life-computer drawings (CAD), identify materials needed and make a prototype.
4. Licensing-preparing for licensees and representation and/or
5.Manufacturing-preparing for production and tooling quotes, broker representation.
6.Marketing- packaging, sales sheets, demo videos, preparing for the pitch to retailers, web and social media presence.
7.Making the decision of licensing and manufacturing and discussing distribution channels- box big retailers, catalog, as seen on tv, specialty retailers, online retailers, etc.
8.Increase your opportunities with your invention- get some press!
9. Enjoy the process and make some $$! and/or
10. Start all over again!
Here’s to You and Your Big Ideas!

From your Inventing Tip Master,

Brian Fried

Got Invention? www.gotinvention.com
Need Inventor Consulting? www.inventorconsulting.com
Need to find Inventor Resources? www.getinventionhelp.com

Inventors Attending Tradeshows

There are many industry trade shows coming up and you may be considering attending.
One resource you can find the next tradeshow is www.tsnn.com.

Trade shows are a great way to learn about and gauge up-and-coming trends.

Industry trade publications and websites will also help you stay involved.

See what competitors are doing.

Visit retail or distribution channels where you feel your invention/products should be, and talk with their owners. That will help you stay in the loop.

source: invent.answers.com

Got Invention? www.gotinvention.com
Need an Inventor Coach? www.inventorconsulting.com
Need to find Inventor Resources? www.getinventionhelp.com

Keep on Inventing!

From your Inventing Tip Master,

Brian Fried

Resources for Inventors: A Website to Find a Local 3D Printing Provider- Interview on Got Invention Radio

What an amazing idea for your idea… find local 3D printing providers that have available time on their printers to make your prototypes! Here how the website works, learn more about types of 3D printers to choose from and materials needed to see your invention ideas 3D printed!

Got Invention Radio Host Brian Fried interviewed the Co-Founder of 3DHubs, Bram de Zwart of the world’s largest and fastest growing network of 3D printers. By making 3D printing locally accessible to everyone 3D Hubs is changing the way products are being manufactured and distributed. Today the network is providing over one Billion people with access to a 3D printer within 10 miles of their home.

Listen to this show and almost 200 more past shows on Got Invention Radio.

You can listen to them live or download anytime!

Thanks for listening and keep on inventing!

Got Invention? www.gotinvention.com
Need Inventor Consulting? www.inventorconsulting.com
Need to find Inventor Resources? www.getinventionhelp.com

What Did You Come Up With?

THINK ABOUT IT…If you had the chance to improve something you see happening everyday or doing everyday and have a chance to make it better, what would it be?

Be aware of what people are doing and what you see that can be done differently or improved upon or that may not even exist!

Make it a great inventing day!

Your Inventing Tip Master,

Brian Fried

Got Invention?

www.gotinvention.com

Raising Money for your Invention Ideas- Interview from Got Invention Radio

Inventors looking to start a business with their invention ideas and raise money should listen to this interview for great tips and advice on how to prepare your pitch and what to expect presenting to all levels of investors.

Host Brian Fried of Got Invention Radio interviewed David Worrell of Fuse Financial Partners, also author of The Entrepreneur’s Guide to Financial Statements.

Listen to the interview by clicking here

Thanks for listening and keep on inventing!

Got Invention? www.gotinvention.com
Need Inventor Consulting? www.inventorconsulting.com
Need to find Inventor Resources? www.getinventionhelp.com