One of the biggest obstacles to the success of independent inventors and entrepreneurs with new inventions is that you really have to be a jack of all trades – not just inventor but marketer, administrator and more. Unless you have the resources to start a company and hire a small staff, how do you prioritize and implement on all fronts?
Hire a licensing company to help put legs under your invention. Invention licensing companies can represent your product to their clientele of marketers and business owners. From patent submissions to creating prototypes to trade shows, invention licensing companies have been responsible for the success of many products.
Children’s natural instinct to brainstorm and create should be nurtured by parents and teachers alike. Coming up with new product ideas and inventions is a great way to instill a love of science, math, marketing and the entrepreneurial spirit. It also teaches cooperation and instill tremendous conf