Inventors Must Avoid These Severe Mistakes
MEMBERS & VISITORS:
Inventors Must Avoid These Severe Mistakes
Here are some major things which inventors should avoid in the invention process:
Avoid Overcrowded Fields.
Inventors should steer clear of fields that are already saturated with existing inventions. Examples include non-refillable bottles, nut locks, metal railway ties, and car couplers. The intense competition and extensive prior art in these areas make it difficult to achieve success.
Avoid Large Upfront Fees for Licensing.
Be wary of companies that demand large upfront fees for licensing your invention. This can often be a sign of invention fraud. Always perform due diligence and check the credibility of any company you plan to work with.
Avoid Manufacturing Before Orders.
One common mistake is to manufacture a product before securing any orders. This can lead to wasted resources and inventory. It’s better to gauge market demand and secure orders before proceeding with large-scale production.
Avoid Ignoring Market and Regulatory Research.
Before pursuing an invention, ensure that it does not violate regulations such as OSHA or EPA laws. Also, check if existing technologies are superior or if production costs are prohibitive. Conduct thorough market and regulatory research to avoid costly mistakes.
Avoid Premature Convergence on Solutions.
Keep an open mind and do not converge on a solution too early. Starting with a preconceived idea can limit creativity. Frame challenges broadly to explore various potential solutions without being constrained by initial assumptions.
Avoid Striving for Perfection at the Expense of Progress.
Striving for a perfect idea can block creativity. Accept that initial ideas may have flaws and require refinement. Embrace continuous improvement and be willing to iterate rather than seeking perfection from the start.
Avoid Ignoring Past Failures.
Understanding past failures is crucial. Inventors should learn from previous mistakes and avoid repeating them. This involves studying historical failures and understanding the reasons behind them to improve future designs
Be sure to visit “Tharaka Invention Academy where you can learn about how anybody can acquire the mindset, skills, and knowledge needed by all problem solvers, innovators, and inventors. The post entitled “Global Innovators: 101 Careers Transformed by Invention Skills” contains links to many more similar stories about these people worldwide.
Questions?? Contact me any time at profsinger@inventionschool.tech
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Mechanical/Solar Engineer, Prof. Oku Singer
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