Risky Business

I have been working with inventors for many years now. It has been very enjoyable and rewarding working with these passionate people. Inventing requires persistence, resources and making our own luck. I thought that I would share a couple of articles to help us step back a bit and really look at the market place before we leap too far!

    

 

 

Article(s) Take A-way's

  • Study the market before investing emotional energy and time on what you believe is novel. It probably isn't.
  • Always, always, always start with market research.
  • It's not easy to admit that our inventions may not be exceptional, and that in the end the chances for their success will most likely fit the 6 percent statistics.

As this article so eloquently states, the first step for "making our own luck" is to admit that the odds quoted by experts are probably more accurate than our own estimates.              http://bit.ly/2msm3Um

This next article is for newer inventors and really hits home. If no one has ever thought of your kind of invention, chances are there is no market, or a very small one. http://bit.ly/2yBjH7A

Only you can control your future - you can do this
— Dr. Suess