Want to patent your invention? Better hurry! Have you come up with the next big invention? If you plan on protecting it don’t wait or you could end up like Elisha Gray! On February 14, 1876, Alexander Graham Bell applied for a patent on an apparatus that could transmit speech electrically, beating out his rival, Elisha Gray, by just two hours. Never mind that Gray’s design worked better. Timing was all that mattered. When Gray later filed a lawsuit, the [...]
Peanut butter (Photo credit: Wikipedia) Shark Tank can be a gold mine for entrepreneurs and inventors who present various business ideas and inventions to the “Sharks.” Each presenter offers a stake of their company for an investment in hopes of landing a deal. In the latest episode, two young inventors offer the “Sharks” 10% of their company Wild Squirrel Nut Butter for $50,000. Keeley and Erika are University of Oregon juniors and co-founders of the company which is [...]
The tradition started in 1970 on April 26th by the W.I.P.O. (World Intellectual Property Organization) to celebrate innovation and creativity. They thought a day should be established to focus on visionary innovators whose ideas have shaped our history. World Intellectual Property Day is a great opportunity to generate public and media interest in issues relating to intellectual property. Today is a day to discuss and contribute innovations that helped shape our world. Innovation is the creation of better [...]
Take “Shark Tank” and flip it upside down and see what falls out, that is what Discovery Channel’s new TV show “Top Engineer” is all about. Casting is going on now until March 7th, 2012 for all inventors, techies, machinists and engineers to design and build their way to a Grand Prize. If you or anyone you know has an outgoing personality and is able to design, build, test and integrate an idea into a final working product then step [...]
In today’s day and age, regular old dolls are a part of the past. Technology has come a long way for toys and innovation is the new key. Dolls and plastic or plush characters today stand up, walk, dance, flip, cry and grow hair. At Fisher-Price, they understand that kids have higher and higher expectations for toys with interactive and entertaining qualities which propel them into a must have item. There is a whole new generation of tech-savvy children out [...]
Edison Nation teams up with ABC “Shark” Daymond John to create a huge new opportunity for inventors!
Imagine if someone gave you $1 million dollars to invest in your idea. Well, right now you can submit your idea to Edison Nation and Daymond John who are on the hunt for the next big thing. Daymond is the founder of iconic apparel label, FUBU, and a “Shark” on ABC’s “Shark Tank.” With his knowledge in spotting greatness and Edison Nation’s capabilities in product development, this is a win-win combination for inventors. There is no limit to how many [...]
Taking a product from an idea to a store shelf is a series of tasks. To be honest, most inventors have no idea what they are doing. That is why you have to do research and find the right people you can trust to help bring your idea to the market. So let’s look at some of the main players you might come across on the path to license your product. The Patent Attorney A lawyer is the best [...]
PhoneGuard, who recently secured Justin Bieber (Video below) as a spokesman, is a great product that pertains to a new smart phone application suite that helps prevent distracted driving while offering unparalleled levels of safety, security and connectivity. This is ideal for parents to monitor and help facilitate their teen’s safety while they’re driving alone or with friends in the car. The new product suite features Text Block, which uses global positioning satellite (GPS) tracking to disable keyboard functionality once a [...]
Mihail has recently been in touch with a company that is very interested in pursuing his product, Gyro Push-Ups. They are currently performing research to decide whether to market them as a two minute commercial spot or a longer infomercial. Everyone agrees that the Gyro Push-Ups could make for a strong DRTV item. (Direct Response Television) The company recently had this to say about his product, “The good news is that we have an excellent off-shore manufacturing source, and they would [...]
I want to present my idea to companies for potential licensing opportunities. What kind of graphics should I use for my presentation?
As inventors you need to understand there is a huge demand for graphic illustrations when presenting your ideas and concepts to companies. These graphics are a key marketing tool which can benefit you and your idea. So, what are some of these tools that can be used? Product Sell Sheets: This is a one page informational brochure that includes a graphic representation of your idea along with some benefit claims and contact information. If done right, a professional Sell Sheet is meant to [...]