Reality Check: The Bubble I’ve Busted a Thousand Times The classic newbie inventor has a good idea, falls in love with it, and wants to sell it to a big company. That NEVER happens, almost. Here’s what I counsel clients a dozen times a year: your odds of success increase vastly the farther along you are with your invention, your patent, your product, and your [...]
Too Big to Fail? Remington’s Bizarre “Brother, Can You Spare a Dime?” Campaign It was fourteen years ago that I wrote about one of our industry friends playing an interesting voicemail at the SHOT Show. Consider all that has changed since then. These friends are innovators, with some valuable patents in their portfolio. Because Remington liked one of their inventions, [...]
As a few years have passed since Congress threw a little bone to start-up inventors, we’ve learned a few things. The good news is that you might qualify for reduced patent fees under the patent laws, thanks to a “gift” from Congress to small inventors. I didn’t follow the battle, but I expect it was a way for them to look like they are being generous in some small [...]
Branding Strategy for My New Product Finally, I can now reveal how a trademark attorney picks brands, and even goes a bit overboard to maximize the potential value of the venture. It’s all about my hex key tool invention concept I wrote about some time ago. To recap, I used to get irritated with needing two Allen wrench sets and never knowing whether a socket head [...]
Have you ever sat down to a big round table with a bunch of industry folks, and the conversation just didn’t quite get off the ground? I had dinner some time ago with a good client, but with a bunch of key people I didn’t yet know very well. When the conversation stalled, I got out my conversational secret weapon: “So what hobbies and enthusiasms do y’all have [...]
My favorite conversation starter at a dinner table with a client and their key employees (who are usually sick of talking to each other about work) is: “So, what do you like to do outside of the gun world?” These folks who’ve worked together for years sometimes end up learning interesting new things about each other, and I’m invariably reminded about just how [...]
