Patents By Don Debelak

Some companies actively look for new products, and they host new vendor days, have contests and travel around the country. Keep track of companies looking for new products in your industry to get the product in front of new buyers. Contests Inventor Contests are an  avenue for inventors to … [Read more...]

Introduce Your Invention Using Social Media With the decline of independent retailers, inventors need a new approach to jump start their sales. Social Media fortunately does step into the spotlight to get products into the marketplace.  Here are some steps. Have a web page and have a sign up … [Read more...]

How to Patent a Simple Invention By Carly Klein You came up with a simple, elegant solution to a common problem. You want to bring this non-complex and one-part product to the marketplace. Now what? To make your simple invention available for consumer use, and to monetize your invention to … [Read more...]

Using Competition for Market Research When you come up with a new idea, often you can fine-tune your product concept by doing market research with competitive products.  You can find out if your new idea address a need that is important to people, and also what potential customers look for in … [Read more...]

Learn Your Industry To have your best chance of success you need to learn all you can about your industry.  How products are sold, key trade shows to attend, successful inventors in the industry and key retailers, distributors and manufacturers reps are just a few f the items you need to know … [Read more...]

Licensing - Sales Reps Make a Great Partner Two heads are better than one, so if you are trying to license your idea why not get a partner – and often the best partner is a sales rep that is already in the industry.  He or she will know the market, many of the major players, and what kind of deal … [Read more...]

Presentation to Raise Initial Funds Often inventors need to raise some early investments to help pay for prototypes, patents or other items to help get the project off the ground.  You have three goals, one avoid trying to write a 40 to 50 page business plan, two, to show you are serious about … [Read more...]

Everything You Need to Know about Joint Ventures for Inventors  Joint Ventures—The Inside Scoop THE BASICS Technically, a joint venture for inventors is an agreement by two parties to work together in order to design, promote, or manufacture a new product. The parties split the work and … [Read more...]

Types of Deals for Inventors Inventor deals with marketers can be set up in a number of ways.  I’ve listed several deal structures you can suggest to marketers to find the one that suits them best. Firm Purchase Commitment The simplest inventor deal is a two to three year purchase commitment … [Read more...]

Finding an American Manufacture With all the recent tariffs that have been levied on China, this might be the time to look into American manufactures. There are several very helpful sites where you can go to find a manufacturer. The site I prefer to start with is http://thejobshopcompany.com/   … [Read more...]