Co-Founder of inventRight; Author of One Simple Idea Series
Stephen Key is an inventor, author, speaker and co-founder of InventRight, LLC., a Glenbrook, Nev.-based company that educates entrepreneurs in how to bring ideas to market.
Can your idea be manufactured at a reasonable price point? Can it be easily explained? If the answer is "yes," sit back and watch the royalty checks roll in.
This contributor tells how he did a deal with Disney and how gaining entry to the Magic Kingdom was easier than he'd thought.
What you find may dash your feelings of originality, but it can also be a roadmap for how to see your idea come onto the market.
Social Media Marketing
Product developer Ryan Diez reveals how he gets in touch with companies that are looking for new product ideas.
An Entrepreneur contributor interviews someone who pulled off this feat and reports on seven takeaways this man had to offer.
There will be plenty of consumers who are going to love and embrace Apple's wireless vision.
Making money from your ingenuity requires getting people as excited about the opportunity as you are.
Be creative and be tenacious in your social media marketing.
Building it makes your idea real; video captures it visually. Do less of the first and more of the second to test the market sooner.
The trick is to show the benefit of your idea without disclosing exactly how it works.
Product development is a business. You can't afford rookie errors.
When you pick yourself up after being rejected, you become a professional.
Luck is about chance, the chance of something good happening and finding reward in the opportunities.
A provisional patent application will provide as much protection as you need while determining if your idea can really go the distance.
Inventors too often focus on patents and expensive prototypes when what they really need is proof of demand.