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On March 6th at Ligi Tool, Pamela Riddle Bird, the founder and CEO of Innovative Product Technologies, Inc., will share her experiences on bringing new products to market.

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Recent Speakers

The ISSF offers the inventing community many fine speakers from a variety of disciplines. Recent speakers are listed below with their expertise and insight they offered inventors.

Tom Fishchlschweiger, business reference librarian at the Broward County Main Library in Fort Lauderdale, FL, spoke to inventors about Government Grants:

  • The advertising industry has taken over grants by providing misinformation.
  • Grants are a means for the government to obtain a product or service, so you are accountable.
  • Eligibility criteria must be met before you apply.
  • There are no programs to help inventors bring a product to market.

Vince Gelormine, founder & CEO of the Startup Business Boot Camp, explained How to Determine Market Demand for a Product Idea.

  • You always have to modify a product for the market.
  • Attempt to sell before you create the product to see if you get nibbles.
  • Use the power of the Internet to rapid prototype almost any idea.
  • Use a spreadsheet to know where you are going financially.

Randy Landreneau, inventor and former President of the Tampa Bay Inventors Council, explained How to Make Plastic Prototypes.

  • Your first prototype helps you to determine if your idea works.
  • Use pre-existing parts whenever possible to hold down costs.
  • If your rough prototype works, then build a better mold and create a video using the newer prototype.

Lisa Rowland and Tandy Banks of MLC CAD Systems dazzled the audience with the endless features of Solid Works.

  • The software builds relationships, for example, between geometry and material type for stress testing, and checking for parts collision.
  • There is a lot of Windows functionality in the software.
  • Features include finite element analysis, computational fluid dynamics, manual convergence, sheet metal and weldments, and drag-and-drop 3D content.

Stephen Knecht (inventor and Biz/IP attorney) and Keith Kravitz (marketing guru), excited the audience with Proof of Concept, also known as Don't Call My Baby Fat!

  • Answer the question: Is your idea marketable? (What is your market?)
  • Seek out someone who will tell you 'don't proceed with your invention' OR 'modify it'.
  • Make an infomercial of your product. Fear is the greatest motivator.
  • Do not be ignorant about marketing.
  • Presentation is everything. Identify the market to capture by starting a forum of blog about problem area. Or, join a board.

Ron Sargent, President and owner of Ideation Institute, presented Creation of a New Product.

AmondaRose Igoe, teacher in the Art of Public Speaking, enlisted audience participation for her presentation.

  • Imagine that each person you meet will enable your success. Your communication can make or break the relationship.
  • Specialize: pick one thing to discuss. Communicate clearly. "I am <your name>." Say it as if you OWN IT! "I specialize in _____".
  • Be a problem solver (solutions sell).
  • Ask the other person who they are first. (If you are interested in them, then they will like you.)

Amy Tupler, President, Solution Conduits, discussed "Out-of-the-Box" Power-Marketing Strategies for Inventors.

  • Consider what the customer's experience (feel, taste, smell) is following interaction with the product. Most consumers have an expectation and they rate your product based on that expectation.
  • Define your target market (economics, user profile, payment history/credit, elderly, Hispanic, young parents, etc.)
  • Know the unintended or accidental market to prevent liability.
  • We live in an experience economy, so know and market the experience of your product/service.

Lisa Guarini, founder and CEO, Smart Broad, Inc., discussed her journey as an inventor.

  • Be an expert in your field.
  • Prepare yourself for the long haul: have and follow a business plan.
  • It will take longer and cost more than you expect.
  • Show at tradeshows; find a mentor at tradeshows.

Tom Fishchlschweiger, business reference librarian at the Broward County Main Library in Fort Lauderdale, FL, spoke to inventors about Government Sites You Should Know to search for prior art in government.

  • GPO documents are free for the asking, whereas NTIS charges for copies.
  • NTIS website has a search engine that tells you what is out there; you can pay NTIS for information or get it free on STI.
  • DoD and NASA issue technical reports on inventions, however, there are licensing procedures for the use/application of the inventions.
  • The Defense Technical Information Center was established in 1945 to collect and analyze defense documents; they have older journals and databases for disseminating information.
  • Navy Technical Disclosure Bulletin is filled with prior art from invention disclosures that are not patented. The bulletins are neither digitized nor indexed. They were published from 1970-1994. Hard copies are being removed from libraries for lack of use. This resource will be lost unless an effort is made to digitize it.

Freddy Lee, architect, designer and inventor, spoke to the audience on Do-It-Yourself Prototyping.

  • The better you understand your idea, the easier it is to build.
  • Use materials you can handle (paper, cardboard and plastic; aluminum is bendable; wood has variable densities; styrene glues well)
  • Create inventions for companies seeking them.
  • Copyright every prototype.

Charles Koch, owner of 3 Axis Development, Inc., is a manufacturing expert whose presentation was Manufacturing for the Market.

  • We solve the inventor problem of making one, ten or fifty of anything to market your product.
  • You must break into the retail market, so keep going to trade shows. Just having a product is not enough.
  • Today's market is about 3D manufacturing; print a handgun and shoot it in seven days!
  • The laser printer machine that makes parts is data driven; the inventor pays for the database.

Steve Greenberg, author of Gadget Nation, spoke to the audience about details of the products and inventor journeys discussed in his book.

  • Inventors face a bumpy journey to make a product successful; lots of aggravation.
  • There was no correlation between type of product and making money.
  • All the products were television friendly.
  • Let the packaging explain what the product does.
  • Research beforehand to identify your market.

Martin Kahn and Carl Isbitts represent the Service Corps of Retired Executives (SCORE), counselors to small business. SCORE aligns the realities of business with the expectations of the individual.

  • There are three rules for success: knowledge of the business, capitalization and a bulletproof business plan.
  • Your business plan and forecast are constantly changing with market demands and the economy.
  • Use measurement tools to enable your business plan and decisions. For example, get quotes from legitimate sources.

Ruben Alcoba, Esq. and Craig Kirsch of Alcoba & Associates, PA spoke to the membership on Trademarking & Branding.

  • A trademark name should be legally strong, commercially viable, enjoy exclusive use and prevent others from having the same or a similar trademark.
  • Why register a trademark? It gives the world notice. The consumer equates the symbol with higher quality.
  • Avoid changing your trademark once chosen so as not to confuse the public.

Eileen Fischlschweiger, Intellectual Property Librarian and PTDL Representative before the USPTO for the Broward County Main Library in Fort Lauderdale, discussed the USPTO Electronic Filing System.

  • Always review the tutorials.
  • Be familiar with the information expected and have it on hand before you visit the website.
  • Be sure to close the Internet window after signing off the website.
  • Do not use the browse button to move to the previous screen because it can take you instead to the previous website you accessed.

Lydia Woods, inventor of the TarpKlip® and successful entrepreneur.

  • Network with the inventing community to obtain leads, ideas, event information and process knowledge.
  • Attend tradeshows and other events that offer product exposure, networking and customer validation.
  • Advertise/promote through website, finder's fee, press release, telephone contact, mass mailings and 60-second CD presentation.
  • Free yourself of tasks that others can do more effectively.

John Hobbs, inventor of the Athlete's Oasis® and independent product developer.

  • How to research: go to the library, identify market size, differentiate your product; do all of this before you spend a lot of money unnecessarily.
  • Business plan is a roadmap centered on your market plan. Every investor asks how you will get your product to market. You must do it in writing and know the numbers. Income projections are based on your market.
  • Concisely describe what your product does in one sentence.

Dr. Sergio Mario Golab, international patent attorney and director of Intellectual Property Business Consultants

  • If you patent your idea and then find a similar patent, abandon yours.
  • Request not to publish your patent when submitting to the USPTO.
  • Never abandon a trade secret because it expires the moment the world knows about it.
  • Dave Pressman's Patent It Yourself is a great reference.
  • The term 'European Patent' means that you can file in one place but must designate what country, and then file in each country.

James Richardson, President and head industrial engineer of Richardson & Associates, Inc. gave an insightful presentation on Increasing the Probability of Success as an Inventor/Entrepreneur.

  • Inventions are 80% technically driven and 20% market driven.
  • Provisional Patent Application (PPA) can be used to your advantage enabling market test as patent pending product.
  • Determine your risk tolerance up front (how much money you are willing to risk on the venture).
  • Pay attention to costs (tooling, raw materials and design).

Allen Bennett, a patent attorney with Santucci, Priore & Long, LLP, whose practice area is IP, patents, trademarks and copyrights.

  • Maintain confidentiality by getting contracts in writing.
  • Have an agreement between inventors so that each inventor owns equally. Decide up front what you want to do with the invention is case the relationship falls apart later.
  • A good license agreement includes infringement.

Jim Davis, outsourcing expert and President of OEMS, LLC

  • Figure out what your competency and personal interest are regarding the invention.
  • Develop strategic partnerships for lowest total cost.
  • Evaluate manufacturer on criteria including: your involvement in their design efforts, mutual trust, good process control, manufacturing performance, committed management and evolving together.