When you’re applying for a patent, there’s two main types you should be familiar with: a utility patent and a design patent. Determining which patent applies to your invention can be confusing but it’s a crucial part to receiving adequate protection for your ideas and inventions. While a utility patent is by far the most … Continue reading Utility Patent or Design Patent?
So– you’ve got a great idea, you think it can develop into a useful product and you feel like the market is ready for you to share. You’ve possibly even imagined a catchy name and packaging to go along with your new idea. But are you really ready? There’s more than meets the eye when … Continue reading 4 Questions to Keep in Mind While Inventing
This article originally appeared in Inventor’s Digest on September 12, 2017 as “The Keys of Prototyping“. The key value in prototyping to the best of your ability– meaning where it looks, feels and operates as close to what you would release into the market– is very important when planning to visit investors, manufacturers or licensing … Continue reading The Value of Prototyping
Places like China, Taiwan, or India may seem very attractive with their low costs of manufacturing thanks to low cost of labor. It can seem easy to send your product to be manufactured in another country and reap the rewards of higher profit margins. However, there are several reasons for manufacturing onshore– or, manufacturing at … Continue reading Made in America: Manufacturing Onshore In The US Still Makes Sense
Is traditional funding limiting your ability to raise the necessary cash to bring your idea to life? Let’s explore some alternative funding options. The most top-of-mind resource might be traditional banking, and if your finances are good enough for you to borrow money, this might be the right avenue for you. However, it can prove … Continue reading Alternative Funding and the Benefits
Many people can– and do– make millions from inventing, but it can be a long road from idea to invention, and you have to be prepared to make that journey. So, what is the difference between an idea and an invention? An idea is an unproven concept that comes from your imagination; it’s a lightbulb … Continue reading Idea Versus Invention
American culture is replete with countless stories of inventors who dreamed up new products and made handsome fortunes. In reality, most inventions do not meet with commercial success—even if they are potentially great products. Carrying a product from concept to prototype to mass production is an infinitely complex process, fraught with difficulties and challenges at … Continue reading RESOURCES FOR INVENTORS: Building a Team for Success
Overview URise Products developed the StandUp Walker, an innovative device designed to improve independence and quality of life for people suffering from mobility challenges. The StandUp Walker is a 2-in-1 device, providing the functionality of a standard walker while also helping the user lift themselves from a seated position. The device eliminates the need for … Continue reading URise Case Study: When Form Meets Function, You Can Rise To Meet Any Challenge (Medical Device Contract Manufacturer)
Inventors Digest Guest article written by Tommy Kirk, chief operating officer of Goldston, N.C.-based Alotech Deciding whether to look for someone to invest in your new product does not have to be daunting or overwhelming. As with anything, take the time to do your homework, and you will reap the benefits. An inventor should keep in mind … Continue reading Inventors Digest: SEEKING AN INVESTOR? 5 POINTS TO KEEP IN MIND
Many inventors put great effort into developing superior and ingenious products, but fail to build successful businesses from their creations. Many different factors come into play when taking a new product to the market, but one single root cause can perhaps explain most commercial successes and failures: the use of capital. Capital and Obsolescence Obsolescence … Continue reading An Inventor’s Most Efficient Use of Capital is Through Outsourcing
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