As an Inventor you will find everyone has an opinion on what you should do and how you should do it. But opinions are like belly buttons, everyone has one. Make sure you find quality advice from experienced professionals, don’t be the learning curve for anyone!
Avoid Poor Advice- Always Ask About Someone’s Experience
I recently met a couple of inventors who had spent nearly a half a million dollars and all they had was a functioning prototype. And now they are trying to sell services to other inventors. Yes, you read that right.
My biggest question is “What the heck are they selling?” Are they trying to teach you what NOT to do? Obviously, they have a whole lot of experience doing that! But failing in their endeavor hardly qualifies them to give YOU quality advice!
First they had a video done in Sunny California and felt the need to be there for it. That would have been okay if they were from California, but they weren’t.
I assure you, there are plenty of people who can do good video local to your area. Take the time to find one. You don’t want to throw money away on unnecessary expenses.
These same people also spent tens of thousands of dollars on market research. That’s just down right dumb. Attending a professional tradeshow for a few thousand dollars can get you all the “market research” you need.
This is why I say don’t be the learning curve for anyone. Doing your due diligence in finding quality advice is critical. Unless you’ve taken numerous products to market before, you can’t possibly KNOW all the ins and outs of this complex process. But don’t be taken in by people who claim to know what to do.
Getting the Help You Need
The reality is that you do need service providers to help on this journey. And there are a lot of good ones out there. The smart ones, i.e. the ones you want to work with, do what they are good at. Then they hand you off to the next service provider in the process.
Anyone trying to do it all is not a good bet. Part of being good at what I do is knowing when to put you in touch with service providers who can do certain parts of the process better than I can. I don’t want you to be anyone’s learning curve, so I make sure that the service providers I recommend are qualified and experienced.
If you want to read about the process of getting an idea to market, a great resource is the Inventor’s Galaxy Guide, which you can find here: https://www.inventorlady.com/inventors-galaxy-guide/
How Can Archimedes’ Offspring Help
Archimedes’ Offspring is another resource that can offer you that quality advice I mentioned earlier. You will have a series of excellent service providers made available to you. None of the people on our team have delusions of grandeur and they have been selected for a reason. Because he/she can be trusted to focus on his/her area of expertise and nothing else.
You can learn more about Archimedes’ Offspring by visiting the website and following the link for “Inventors”. http://www.archimedesoffspring.com/
So let me say it one more time to drive the point home. DON’T be the learning curve for someone else. It costs too much to be the experiment or guinea pig. Inventing is hard and expensive. You are going to need every dime to get to market and making money mistakes early on will bite you in the end.