How To

How to Get Top Dollar for Your Company in 5 Years


Almost five years ago I wrote that headline. Those who took the advice that month would be in negotiations for a transaction that closes early next year. Since I wrote that, we’ve been through several cycles of “Smart money is acquiring companies” and “Nobody is investing!” The lesson here is not to rely on the current climate to drive your optimism about selling  [...]

How To Preserve Your Patent Rights – Even Before You Can Afford To


My “Lifeboat” Patent Strategy Re-Explained Sometimes a topic is important enough to revisit after a few years.  This one reexamines the frequent question of how to “extend” a provisional patent application beyond its natural 12-month life. My readers all know that the smart start for a small inventor or a new company with an invention to protect is a  [...]

How to Debate Gun Control with a Persuasion Genius


You gave me such a good response to last month’s newsletter that I’m staying political this month. Readers may know I’m a big fan of Dilbert creator Scott Adams for his uncannily predictive observations on Trump and persuasion matters.  He happens to be a pot-smoking California liberal, but I truly admire his open mind and fresh way of looking at things.  I highly  [...]

How to be Truly Ready for the SHOT Show


When anyone in the gun industry gets a whiff of pumpkin pie, their gut tightens a bit because they know how much work they have to do to get ready for the SHOT Show. It’s that time of year. The calendar may say there’s a couple of months, but with Christmas and all the pre-SHOT chores there isn’t much time at all. You probably had your rooms booked right after the  [...]

How To Kill A Patent


Unpatented but Legally Potent It all started when I was on Facebook, innocently minding my own business. OK, as usual I was actually minding everyone else’s business on Facebook. Sometimes, when Karmen hears me typing furiously in the next room she calls out: “Honey, is someone wrong on the Internet again?” I have a zillion Facebook friends in the industry, so I  [...]

The Royalty Dream


How to License Your Inventions Even More Fun Than Making Gun Stuff? Before sharing the secrets of licensing inventions and living the dream of strolling to the mailbox to pick up checks, there is a bit of news. The other dream of most gun designers, executives, and business owners is to sell to the Big Boys. For the third time in recent years, another of my clients has  [...]