Tip of the Week: Tip #8 of 25

Tip 8 – When to hit the brakes!
Blog By Edward Ayres – IP President

In recent tips we’ve discussed topics to consider when inventing and when deciding to pursue your invention. If you’re idea realistically exhibits an advantage, purpose, need or generates a desire you may have something worth proceeding with, but how do you know when you shouldn’t proceed? Again, there’s no crystal ball that guarantees success, and I would have laughed at the Pet Rock but it made millions. However, we believe that if your product exhibits any of the following you should probably hit the brakes!

These considerations are:

  1.  Eliminate the Obvious: If your invention is obvious, generic, non-specific and/or nonexclusive in nature most likely you shouldn’t invest time and money into it. Examples of such obviousness would be inventions that are clearly in the public domain, processes performed solely with one’s mind, and naturally occurring phenomena.
  2. Eliminate the Frivolous: Adding a second clip to an ink pen so the pen can be secured into a left or right shirt pocket would certainly be considered frivolous. The pen’s existing clip works great so a second clip would neither create a desire nor fill a need.
  3. Eliminate Concepts that Defy the Laws of Physics: It is necessary to eliminate inventions which defy the known laws of physics. For example, perpetual motion machines and anti-gravity devices clearly defy the modern laws of science known at this time. Remember back to Tip 1, Keep it Simple.
  4. Eliminate the Technically Unfeasible: A determining factor in invention success is manufacturability. Can your invention be produced using existing technology and are the necessary materials readily available? If not, stop. Inventions that are easily manufactured with easily obtainable materials will dictate a lower production cost and stand a better chance of success.

Commercial viability is the cornerstone of the global marketplace. If your invention does not clearly display a purpose, advantage, need or create a desire the risk factor is greatly increased and the odds of success are diminished.

We hope you enjoyed Tip #8. We’d like to hear your feedback on this post and other topics, and please consider sharing this information as it may benefit an inventor you know. If you have questions please don’t hesitate to contact us. Helping Inventors is all we do!

Follow us on Facebook, Twitter and Google+. Check back next week for Tip #9.

From everyone at Inventor Process, Inc. to all of you and your families, Merry Christmas!

 

 

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