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  1. Mikkel

    Inventing a New Gadget/Item/Tool: Worth the Process?

    IDEA 
    When you go down the inventing pathway, there are also multiple pathways to sell your product. The most obvious would he to sell the product yourself. However, there are also licensing options where another company will pay you either through royalties or they can outright buy your patent for...
  2. Mikkel

    Inventing a New Gadget/Item/Tool: Worth the Process?

    IDEA 
    The risk of IP theft generally occurs during the manufacturing of products. If you are worried about IP threat, find countries that respect IP rights. Essentially, don't manufacturer in China. Each country is different. The US has decent protections. Depending on the invention, patents may be...
  3. Mikkel

    23.2 ROAS needed: realistic?

    HOT! QUESTION 
    Who would best know the NEED for this appliance more than anyone? My guess is someone in the appliance industry. Maybe someone who works at a Maytag, Whirlpool, Kitchenaid, or Bosch. Build the most basic version of this, even if it is not fully functional. Make it look real, make it look like...
  4. Mikkel

    Inventor's Virtual Meetup

    HOT! MEETUPS 
    @MJ DeMarco One week reminder before our next Virtual Inventors Meetup Next Months Meeting Information: Sunday October 29th, 2023: PDT: 8 AM MDT: 9 AM CDT: 10 AM EST: 11 AM BST: 4 PM CEST: 5 PM Main Topic: Creating a cheap MVP/Prototype
  5. Mikkel

    Weekly Meetup Accountability Call Megathread

    HOT! MEETUPS 
    Everyone is welcome to join. Before the meeting, think of one or two things you want to accomplish this upcoming week.
  6. Mikkel

    Should I jump?

    SIDE HUSTLE 
    The likelihood that you have created and thought up the best version of your device this early in the phase of inventing is unlikely. In my opinion, you should be looking how to create the cheapest possible prototype. If it is a physical product, could you get the shape and function of your...
  7. Mikkel

    What DRIVES you to get out of bed every morning? a.ka. WHY BOTHER?

    HOT! MINDSET 
    When I was 17 years old, I suffered from second impact syndrome(~50% fatal), which is when you get a second concussion before the first one heals(I had severe concussions in 4 days). Over the next 3 years, I had a lot of weird shit happen in my life. I had insane mood swings where I could cry...
  8. Mikkel

    How can I resell branded fragrances online?

    QUESTION 
    It sounds like you want the people of the forum to do all the work for you. If you want to pursue the idea, maybe you should start by calling the company of the brand you want to sell, and ask them what their criteria would be for selling their product. I agree that reselling probably not...
  9. Mikkel

    23.2 ROAS needed: realistic?

    HOT! QUESTION 
    The reason people don't seem to understand this is because it sounds to good to be true. Maybe you have cracked the code, but without proof of concept, people won't believe you and people won't invest in or buy your product. This project seems incredibly expensive to build a full prototype...
  10. Mikkel

    I'm Laras

    INTRO 
    Welcome to the forum @Laras00 As hard as it was for you growing up, it is the shit we go through that can be the motivator to drive you to success. This seems to be more similar to chemical engineering. Is this something you have experience with? If you already have an engineering degree, can...
  11. Mikkel

    Inventor's Virtual Meetup

    HOT! MEETUPS 
    I am a part of a group very similar to InventRight—many of the same concepts. I am currently working toward licensing, though I may be looking to talk with investors and see what pathways are available for my current invention or future builds. Did you go through the entire program and license...
  12. Mikkel

    Inventor's Virtual Meetup

    HOT! MEETUPS 
    Great call today. @RightyTighty @Etti @ZackerySprague Due to the proximity of the Virtual Inventors Meetup and the Accountability meetups, we are going to move our meetings to Sunday and see how that works for people. Next Months Meeting Information: Sunday October 29th, 2023: PDT: 8 AM MDT...
  13. Mikkel

    Inventor's Virtual Meetup

    HOT! MEETUPS 
    Meeting in 10 minutes. Google Meet Link: Meet Anyone is welcome to join. The main topic will be about validating an invention before you sink to much money and time into your project. Other topics are open to be discussed as well that relate to inventing.
  14. Mikkel

    Inventor's Virtual Meetup

    HOT! MEETUPS 
    Not a problem. I didn't want to confuse people with both this meeting and the Accountability thread that is held 1 hour later. Next month, we will be holding it on a Sunday(if that works for people) so we don't have people split between two calls.
  15. Mikkel

    Inventor's Virtual Meetup

    HOT! MEETUPS 
    Reminder to those who plan to join the Inventors Meetup today. The call starts in 30 minutes. 10 minutes prior to the meeting, I will be posting the link to the Google Meet.
  16. Mikkel

    Industrial Businesses Megathread

    IDEA CHAT EXECUTION 
    Is it easy to hijack because the solution is simple to make and they just need to add some sort of additive or is it easy to hijack because you have to sell a small item that would make things more efficient? I'm no chemist, but after talking to a lab about testing a mixture of chemicals to...
  17. Mikkel

    Looking for Product Liability Attorney for Consult

    QUESTION 
    Not sure a referral would do you much good. Most product liability attorney's specialize in specific categories. For instance one might specialize in medical device while others might specialize in children's toys. My suggestion, use Google to get some phone numbers. Start making some...
  18. Mikkel

    Business Beginning to Take Off...what now?

    MINDSET 
    I have not made it to your level yet, so take my comments with a grain of salt. Business is about building systems that work, optimizing them, and adhering to the system. When you fly a plane, the pilots are following standard procedures. Planes crash when those standard procedures are not...
  19. Mikkel

    Inventor's Virtual Meetup

    HOT! MEETUPS 
    Join the call next week. Our meeting goes for as long as people want, so you can talk about your process and your invention if you wish to do so. I'll be starting the patent process in the next month or two, so that will be a new process that I also have to learn. That will be awesome! Thank...
  20. Mikkel

    [Poll] Should you publicly announce your goals or keep them in secret?

    MINDSET 
    I talk about my business venture, though I don't share my goals specifically. My Slowlane job brings in many different people, and talking about anything is half the job. 9 out of 10 times, it is just a conversation topic when there is nothing else to talk about. However, I have meet people who...

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