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4 Tips for Negotiating a Licensing Agreement

Once you have a well-developed idea, you may decide that licensing it is your best option. This means you’ll have to negotiate a licensing agreement, which can be a long process with many ups and downs. Licensing agreements are complex…

5 Tips for Refining Your Elevator Pitch

A clear, concise elevator pitch is essential for every entrepreneur. It briefly introduces your idea or invention to a potential stakeholder, ideally in 60 seconds or less, with the hope that it will trigger a deeper discussion. All idea-makers need…

Why a 3-D Model Can Sell an Idea

When you make your idea come to life, you usually have a better chance of attracting investors, making deals with manufacturers and licensees, and driving customer interest. Drawings and descriptions are great, but a 3-D model of your invention is…

4 Signs It’s Time to Get a Patent

So, you’ve come up with a great idea that you know will be a successful business. Your first inclination may be to protect the idea at all costs, but, in fact, many experts recommend patenting as one of the final…

5 Tips for Creating a Winning Logo

Great news! Your idea works, you have a manufacturer and a distributor lined up and your product is going to be on its way to market! But wait: How will potential customers first encounter it in the store and distinguish…

Prototyping? Start with 3-D Design

A prototype is an original or first model of something from which other forms are copied or developed. As an inventor, the prototype represents the transition of your big idea from innovative concept to actual, tangible invention. It is one…

The Scoop on Non-Disclosure Agreements

So you have a big idea...and you don't want anyone else to steal it. But you do need to talk about it to other parties in order to further your development and evaluate feasibility, production, and marketability. If you aren't…

How to Define Your Target Market

Developing a new invention is an exciting prospect, but it's important not to overlook a critical factor in the process—one that plays a major role in determining whether or not your product will be a commercial success: You need to…

Today's Bestselling Products

Taking an idea through the invention process and getting it into stores and on their shelves is an exciting time for an inventor. They get to see their new invention come to life and start bringing them some income. But…

How to Become a Full-Time Inventor

Hobbyists tinkering in their garage, and turning their idea not only into a product but into an empire, is a classic idea. It's the American Dream (not to mention the Dream of quite a few Canadian inventors). The thing is,…

The Benefits of 3D Designs

Coming up with a brand new idea is special; turning the idea into a rendering, and then an actual product, can change your life. Why, you ask? It's simple: creating a rendering is the first step towards making your idea…

Tips for Protecting Inventions

It happens to everyone: you're going through your day and it just hits you. The brilliant idea that will leave your mark on the world. But what do you do with your brand new idea? First thing's first, you need…

From Concept to Market Shelf

When you're starting with a brand new idea, it can seem like an impossible journey to develop that idea into a product on the shelf. The key is to take it step by step and focus on one task at…

The Different Types of Patents

Coming up with a new idea can happen fast, but creating a new invention can take a bit longer. One of the reasons is that you have to go through the patent process.  Not sure what type of patent is…

How to Succeed as an Inventor

The truth of the matter is that there is no guaranteed simple path to find success as an inventor. Over the more than ten years that we have been helping inventors take a new idea, develop a prototype, and get…

Selling an Invention is a Crucial Step

Turning your idea into a full-fledged success story goes beyond just getting your invention on store shelves, it also takes successful marketing and sales.  Ready to take the next step? Contact us and read this primer on how to go…

Selling your Idea

Inventors can make money from their inventions in two ways:by licensing the invention (selling the right to commercially use or develop the invention to someone else), or by marketing and manufacturing the invention themselves. These different options will affect…

Brainstorming for New Inventions

Everyone hits a wall from time to time. This is nothing new and it shouldn't scare you. In fact, panicking when an idea doesn't hit you when you expect it to can make things even worse. Fear and anxiety are…

Marketing

How to Market Your Invention A smart inventor will always look into getting a patent for his invention. That is really the practical thing to do. However, everyone, or almost everyone knows that it can be tricky to get a…

Patents

Tips and Ideas for Patents A smart inventor will always look into getting a patent for his invention. That is really the practical thing to do. However, everyone, or almost everyone knows that it can be tricky to get a…

Copyright

How to Copyright an Invention Looking to copyright your invention? If you are still in the idea phase and looking to protect an original form of authorship, you'll need a copyright. If you've created a prototype of your invention, you…

License

What is a license? A license is simply an agreement in which you let someone else commercially use or develop your invention for a period of time. In return, you receive money - either a one-time payment or continuing payments…