Lori Greiner- The Warm Blooded Shark™ started with one idea and turned it into a multi-million dollar international brand. She is now regarded as one of the most prolific inventors of retail products, having created over 400 products, and holds 115 U.S. and international patents. A well-known celebrity personality on QVC-TV, Greiner has hosted her own show, […]
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Interview: Bill Lazaroff, Lifetime Brands Sr.VP, Product Design and Development on Got Invention Radio
Bill Lazaroff Bio/Educational: Degree in Philosophy from Stony Brook University (1975) Judge for IHA National Student Design Competition Advisor and Judge for Fashion Institute of Technology Senior Home Products Class Guest Lecturer at New Jersey Institute of Technology Class Instructor Senior Industrial Design Class at Art Center College of Design in Pasadena Bio/Work: 1998-Present: Senior […]
John A. Hill is Founder, President and CEO of John A. Hill & Associates, Inc. He is also a Business Consultant, Trainer, Speaker, Writer, Marketing and Sales Specialist and a Trade Show Coach. John has over 30+ years of experience developing and managing businesses. His roles have included National Sales Manager, VP of Sales, Director […]
Are you already an inventor or do you want to be an inventor?
What does an inventor act or think like?
When you call yourself an inventor, it can take on a whole new meaning to your life. You can live up to the title by being aware of how things work in deeper detail and this thought process can become second nature to you. According to the Merriam-Webster Dictionary, here is the definition of an inventor, “to create or produce (something useful) for the first time”. As any successful inventor will tell you, the research you do before you (more…)
You have a great idea and want to make money with it but perhaps your funds are low, your knowledge of manufacturing is limited and you’re not ready to quit your day job to go into business with it. Licensing is an alternative way to bring your idea or invention to market with limited risk using someone else’s resources and collecting a royalty payment. A simple definition of licensing is to rent your intellectual property, such as a patent, trademark, trade secret, algorithm or process, (more…)
You have been keeping your idea or many of your ideas a secret all this time and now ready to bring them to reality.
This may require you to search for outside help, which means that you will have to reveal what you are working on or thinking of at some point. So how can you protect yourself and your idea from getting ripped off? Let’s see who you might need involved and how to take certain measures to keep your idea confidential with others. (more…)
If You Have an Invention Idea What Do I Do? Learn How to Bring Your Invention to Market by Finding a Manufacturer for Your Invention
You brought your invention idea through the beginning steps of the process and now exploring various options of bringing your invention to market.
You could license your idea to a manufacturer with distribution which requires minimal risk and pays you a royalty or you may decide to go into business for yourself by manufacturing your product and taking a larger risk with potentially a greater return. (more…)
How to come up with an Invention Idea
When you take on a new challenge it can take time, patience and practice before it becomes more second nature. It’s similar when trying to come up with an idea or invention and may require a different approach. Be aware of your environment and pay attention to what’s happening around you. Look at how people are doing things and think about how they could do it better or how you are using a daily product or doing something regularly and see how it could be improved upon. (more…)
Here are some quick tips to get you started on your invention idea. Following these steps will help you to be prepared when you have an idea, evaluate the window of opportunity and focus on the ideas that could have the best chance for success. (more…)
Home shopping channels may also be a good way to gauge interest and make money when launching your invention. Spend some time watching the format of these channels and look at their schedules for the show times that are similar to your product. Go to the shopping channels direct websites and sift through the required product submission process or call someone that already has a relationship there that can make the process easier and quicker to get to (more…)