7 Foolproof Secrets For
Invention Success
@stash((Floating DIV 250x250))Inventors are often
their own worst enemies... Unfortunately, when it
comes to bringing their inventions and new product ideas to
the marketplace or to the attention of the media and/or
potential licensing partners, far too many independent or
individual inventors totally screw it up right off the bat.
The worst part is that it doesn't have to be that way!
Here, you will find 7 FOOLPROOF ways to
significantly increase your chances of success with your
new invention or idea:
1. Develop Patience! Under the best of
circumstances, marketing a new invention can take several
years before any substantial profits materialize - not
unlike most legitimate entrepreneurial business endeavors.
You need to stop expecting and waiting for a watershed
moment or event that will magically transform your life -
it just doesn't work that way. Success with an invention is
an evolving and ongoing process. It is one that builds upon
itself, one small victory at a time.
2. Stay Realistic! Sorry to tell you, but
you can't just "sell" your idea to some company "out
there". There's no way to simply think up an invention,
send it in to a company, then get a big check back in the
mail. That's just not going to happen - EVER. So stop
trying to do things without risking anything. Give yourself
permission to try and to fail and you'll eliminate nearly
all of the angst that most inventors suffer. Accept that
you may need to build a prototype or working model to prove
your principle works and see how the product looks and
feels. Do whatever you can on your own – paper and glue, if
that's as far as you can go. When you reach the limit of
what you can do for yourself, it's time to bring in some
help, but not before.
3. Spend Some Money! Stop torturing
yourself trying to figure out how to pursue your idea
without spending any money on it. Investing some of your
own money in your invention (it doesn't have to be a
fortune) can truly strengthen your resolve and help you
stay committed for the long haul. Develop a business plan
and find investors if you don't have the money you need,
but don't make excuses about it. If you’re not willing to
invest in your own invention, how can you possibly expect
anyone else to invest any of theirs?
4. Don't Be Paranoid! You can never move
your invention forward if you assume that everyone you talk
to is going to steal your idea. Nothing will ever be
accomplished and that will be entirely your own fault. Use
a non-disclosure agreement if it will make you feel better
or if you're sharing proprietary design details or trade
secrets. (Most manufacturers and other potential partners
you deal with will be willing to sign one and those that
can't or won't will usually be clear about that right up
front.)
5. Stay Focused! You must create a plan of
attack and work your plan. Sometimes life will get in your
way or you may temporarily lose your fire. When that
inevitably occurs, steer yourself back on course and stay
with it. Never give up. Nothing worthwhile is ever easy.
Remember, your invention starts and ends with you.
6. Do Something! There will be many
occasions when you will need to make a decision about
something and you will waffle back and forth about which
way to go. Don’t beat yourself to death over whether or not
you’re making the right choice. Just do SOMETHING! If it’s
not right, fix it later.
7. Enjoy The Process! Most importantly,
take pleasure in knowing that you are working on something
truly your own. Little in this world compares to dreaming
something up out of thin air and seeing it materialize into
a real product that people buy and enjoy. How will it feel
to you when your product takes off and society benefits
from your ingenuity? Burn that image into your brain,
because THAT is your destination.
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