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Your guide to navigating the exciting world of invention, commercialization, and patenting! Check out our latest posts!
3 Minutes
Blog
Commercialization
Durability Testing
Testing the Durability of Products
Brian Rayve - April 13, 2023 - 0 Comments
When you’re introducing your new product for the first time, you need to be confident that its durability measures up to both industry and consumer standards, you also need to be sure that the...
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2 Minutes
Commercialization
Durability Testing
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Why Product Testing for Reliability and Durability is Important
Brian Rayve - April 13, 2023 - 0 Comments
The consequences of a product defect compound over time. There’s the initial monetary cost of loss of sales, refunds, or, worse, recalls that could lead to lawsuits and regulatory fines. There’s the opportunity cost...
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2 Minutes
Commercialization
Marketability
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The 6 Methods of Testing Products
Brian Rayve - April 13, 2023 - 0 Comments
During the product development process, it’s important to gather feedback from potential customers to help determine a product’s viability in the marketplace. Many teams choose to use various methods of product testing to collect...
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2 Minutes
Blog
Commercialization
Marketability
How to Test Product Marketability
Brian Rayve - April 12, 2023 - 0 Comments
According to research, around 30,000 new products are launched every year, and of those 95% end up failing. All too often, in a bid to recoup investment or to beat off the competition,  brands...
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2 Minutes
Blog
Commercialization
Product Development
The 7 Step Product Development Method
Brian Rayve - April 12, 2023 - 0 Comments
For most seasoned business owners and aspiring entrepreneurs, the product development process often carries a mystical aura. And when you hear the origin stories of other great ecommerce businesses, it’s often clear the journey...
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2 Minutes
Develop Products
Featured
Profiting
What You Need to Know to Have Your Invention Manufactured
Brian Rayve - April 12, 2023 - 0 Comments
If you’re wondering how to have an idea manufactured, you need to understand a little about product development. Coming up with an idea and beginning the manufacturing phase have several steps in between, including...
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2 Minutes
Develop Products
Profiting
How to Find Manufacturers for Your Invention
Brian Rayve - April 12, 2023 - 0 Comments
You brought your invention idea through the beginning steps of the process, preformed a patent search and now exploring various options of bringing your invention to market. You could license your idea to a...
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2 Minutes
License Invention
Profiting
License Your Idea to Make Money
Brian Rayve - April 12, 2023 - 0 Comments
Your honest, no b.s. guide to profitable inventing. By Stephen Key • Sep 29, 2020 Opinions expressed by Entrepreneur contributors are their own. Like anything else, to improve your odds of success at licensing...
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2 Minutes
Blog
License Invention
Profiting
Licensing vs Manufacturing Your Invention
Brian Rayve - April 12, 2023 - 0 Comments
Factors to consider when deciding whether to license your invention or manufacture and market it yourself. There are two main ways in which inventors can seek to profit from their inventions: “Inventor-for-Royalties”: If you...
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2 Minutes
Profiting
Sell Rights
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Selling Your Idea Without a Patent
Brian Rayve - April 12, 2023 - 0 Comments
Can you sell an idea to a company without a patent? Yes, you can sell an idea to a company without a patent. However, the company needs to enter into a contract such as...
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