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Perspective: How much do I really need to raise on Kickstarter to launch my product or invention?

Kickstarter, and other crowdfunding sites like Indiegogo, have created an unprecedented level of access to funding for inventors, entrepreneurs, and start-ups. It’s easier than ever before to develop a new product, manufacture it, and launch it to market, but it’s also easier than ever before to make some huge mistakes, which can sink an otherwise […]

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Minimum Viable Product. What is it, and why is it important?

In my career, I have developed products for a wide range of clients. Some are huge, multinational corporations, others are established mid-sized companies, and others are start-ups or entrepreneurs. One thing they have in common is the desire to innovate and develop the right products to propel their businesses forward. What that “right product” is,

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Dude, what’s your problem? If you’ve got a solution looking for a problem, you’ve got a REAL problem.

I meet with inventors and entrepreneurs all the time. One of the great joys I take in my career is seeing the passion that these innovators have for their ideas, and for the businesses they are building. Almost all of the inventor-entrepreneurs I meet have a story of inspiration – the epiphany they had that

Dude, what’s your problem? If you’ve got a solution looking for a problem, you’ve got a REAL problem. Read More »

Faster Horses, or “Why I like Working with Startups.”

Automotive pioneer Henry Ford is famously credited with saying “If I had asked people what they wanted, they would have said faster horses”. Of course, we all know that Ford didn’t deliver faster horses – he innovated an automobile that middle class Americans could afford. In some ways, he helped define the American middle class

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Inventing can be Risky Business! Why can success be so elusive?

In my career, I work with inventor-entrepreneurs on a daily basis. Some are experienced business people, some are new to the concept of building a business, and some really have no clue what building a business entails. But, one thing they have in common is that they are passionate about their ideas and inventions –

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A lot of inventors are artists. And, that’s a problem.

No, I’m not saying that artists make bad inventors, or that inventors shouldn’t have an artistic side to them. But, there is a very important distinction between developing something for yourself, and developing something for a broader group of users. In many ways, that distinction parallels the differences between ‘art’ and ‘design’. In a fundamental

A lot of inventors are artists. And, that’s a problem. Read More »