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  1. TedM

    How to find US mid-size companies

    This is correct, on the other hand - with a PPA you are giving yourself a year to prove the commercial viability of your innovation. If it takes you a long time to get to the companies, iterate through all the follow ups, get to negotiations, negotiate, etc. - you could be faced with being at...
  2. TedM

    I want to license my product, but I would like to protect it

    so, the scenario is - "hey, great idea! instead of paying this guy $0.04 per container, we'll just go around his neat idea and make it a bit different" No way! It's so not worth it to them - to chance having the internet plastered with copies of your email to them and pictures comparing and...
  3. TedM

    Best thing since sliced bread

    http://priceonomics.com/the-invention-of-sliced-bread/ The history of the invention of sliced bread - and a real inventor/entrepreneur role model. Hats off to Otto Rohwedder, inventor of sliced bread. Enjoy!
  4. TedM

    How to find US mid-size companies

    You made a big mistake by filing before getting your next steps together. The clock is ticking. Go to the retail outlets that sell your product/similar ones and research there. Amazon, BB&B, whatever major chain your niche is found in.
  5. TedM

    Patent Question

    this is not accurate. if you file a PPA you have basic coverage.
  6. TedM

    Patent Question

    you can't renew them, but you can resubmit all you want. you lose your priority date when the first one expires and your new priority date will be from your new filing.
  7. TedM

    I want to license my product, but I would like to protect it

    if you read Stephen's book - reread it. He's pretty clear that companies don't rip you off - it's just not worth it. Of course they say they may be working on the idea - because it's true! But - you have two choices: keep it a secret or take the business risk of getting it in front of a...
  8. TedM

    Greetings With A Side Of Poll

    how long is your current project going to last, and how does that dovetail with your business plans? if you can keep your free time, it's worth way more than the 25% extra. far far more, if you are really able to utilize it.
  9. TedM

    8 Eyewear: From Idea, to Launch, to Growth (And Quitting the Job)

    IDEA 
    my colleague in Amman, Jordan says they are legit. I haven't heard back from my guy in Saudi Arabia.
  10. TedM

    8 Eyewear: From Idea, to Launch, to Growth (And Quitting the Job)

    IDEA 
    I have colleagues in those countries. i'll ask them. btw - perfect market for you. sun all year round.
  11. TedM

    8 Eyewear: From Idea, to Launch, to Growth (And Quitting the Job)

    IDEA 
    reminds me of the old Timex commercials from when I was a kid "takes a licking and keeps on ticking" Vick, you don't need my applause, but I went back and rechecked some of your firsts posts. You had a vision, got some social support that there was a market, and have been as focused as you...
  12. TedM

    Worried Dad - Need "Fastlane" Insight

    GOLD! MINDSET 
    Great thread, and thanks to @WorriedDad for starting this. I'm a father to a large brood, and I relate to much of what has been said here, from sons & fathers. I found it very poignant, those who have not had the opportunity for a warm relationship with their father. You seem to have good...
  13. TedM

    Vigilante's "Mind Your Business" Radio Show

    EXECUTION 
    I completely agree. And, there are parts of the process you get better at each time.
  14. TedM

    Vigilante's "Mind Your Business" Radio Show

    EXECUTION 
    I'll find this out at some point - I'm really curious about it. Life tends toward the 80/20 rule, after all. An anecdote: I started on my first project, then had to take a 6 week hiatus. Then I reengaged and started having regular meetings with the inventright team. One of them said "You'll...
  15. TedM

    Vigilante's "Mind Your Business" Radio Show

    EXECUTION 
    Wow. That's funny. I've definitely benefited from the inventRight coaching, and I've send a few fellow FastLaners on to them as well. I'm curious as to how many people actually follow up once they purchase the coaching. I'd bet it's like this: 50% - have one project they pursue and don't...
  16. TedM

    Vigilante's "Mind Your Business" Radio Show

    EXECUTION 
    Thanks for the reply. I think you'll really like the Entrepreneur book. It's the best one I've read and i'd completely recommend it as a "must read" to anyone getting into product dev.
  17. TedM

    Vigilante's "Mind Your Business" Radio Show

    EXECUTION 
    Hey Vig - what kind of input did you get from Stephen Key?
  18. TedM

    ONE Sale Changes Everything

    beautiful. congrats
  19. TedM

    The Process of Creating A Real Product

    HOT! 
    Stephen Key has a book on this, in addition to his one on Licensing. I think it's called One Simple Idea for Entrepreneurs. I liked his more than most others I've read, including Lori's.
  20. TedM

    The Process of Creating A Real Product

    HOT! 
    Great post! Thank you.

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