So, you think you have a great idea. You’ve come up with a solution to a problem that you believe is workable. What is your next step? Many people have great ideas, but have no idea how to get them off the ground. How do Ideas Become Inventions? Ideas become inventions through the process of …
How to Invent Something: The Process of Creation Read More »
Few of us can imagine life without access to our computers and the many ways they make our lives easier. From online shopping and social networking to simple word processing and organization of data, computers have essentially become crucial to our sanity and survival in the 21st century. What’s more interesting, however, may not necessarily …
One of the most passive and lucrative ways to make money is licensing your product, idea or service. In fact, it can be considered one of the fastest ways to become a millionaire. In this article, I will talk more about licensing and what you need to know about it. So, what is licensing? Licensing …
Most of us are familiar with the popular TV show, “Shark Tank.” People just like you and I present their innovative ideas to some of today’s most successful self-made billionaires in hopes of exchanging a percentage of their company for an investment in their product. For these hopeful entrepreneurs, a deal with one of the …
New Product Ideas: Important Ideas to Get You Started Inventing Read More »
THE STORY: A local inventor started a nationwide drain cleaning sensation. It all began several years ago when Gene Luoma of Duluth got tired of his bathroom drains getting clogged. His daughter Kim liked long hair, and when he’d take a shower, her long hair blocked the drain, forcing water to slowly fill the tub. …
Zip It Drain Cleaner (Licensing An Invention, How I Did It) Read More »
