According to research, around 30,000 new products are launched every year, and of those 95% end up failing. All too often, in a bid to recoup investment or to beat off the competition, brands...
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The 7 Step Product Development Method
For most seasoned business owners and aspiring entrepreneurs, the product development process often carries a mystical aura. And when you hear the origin stories of other great ecommerce businesses, it’s often clear the journey...
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What You Need to Know to Have Your Invention Manufactured
If you’re wondering how to have an idea manufactured, you need to understand a little about product development. Coming up with an idea and beginning the manufacturing phase have several steps in between, including...
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How to Find Manufacturers for Your Invention
You brought your invention idea through the beginning steps of the process, preformed a patent search and now exploring various options of bringing your invention to market. You could license your idea to a...
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License Your Idea to Make Money
Your honest, no b.s. guide to profitable inventing. By Stephen Key • Sep 29, 2020 Opinions expressed by Entrepreneur contributors are their own. Like anything else, to improve your odds of success at licensing...
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Licensing vs Manufacturing Your Invention
Factors to consider when deciding whether to license your invention or manufacture and market it yourself. There are two main ways in which inventors can seek to profit from their inventions: “Inventor-for-Royalties”: If you...
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Selling Your Idea Without a Patent
Can you sell an idea to a company without a patent? Yes, you can sell an idea to a company without a patent. However, the company needs to enter into a contract such as...
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Protect Your Idea During a Business Pitch
If you’re in the business of developing original ideas for new products or services, you’re probably facing a dilemma. How do you pitch an idea to potential investors and clients without giving away too...
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Best Google Search Tips For You
Most of us use Google every day, but many have likely only scratched the surface of the search engine’s power. Here’s how to get better results from a Google search. A product so ubiquitous...
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10 Tips for Best Internet Searching
These days, everyone is expected to be up to speed on Internet search techniques. But there are still a few tricks that some users — and even savvy searchers — may not be aware...
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