In 1986 I had a dream…an idea for an invention. I pursued that dream and got it sold into Walgreens, Sears, Kroger, among others. It caught the attention of a large corporation and we joined forces and launched the self-opening plastic grocery sack. It’s the same one you see in many supermarkets throughout the US today.
That first invention led to 26 US patents. All of my patents have been licensed or partnered before or during the patent pending process and have made money. I didn’t manufacture or market anything. I got the best experts - partners - I could find to do that. And my partners were never invention companies or patent mills. After all, why would I want a partner with a success rate of 1/10th of 1%?
Unlike many novice inventors I discovered how to commercialize my inventions without spending a lot of money. My partners willingly spent theirs instead. I didn’t have the capital to go into business or compete against the giant corporations anyway. All I had were good ideas. And I found there were always companies willing to spend money on good ideas!
Along the way I learned the concepts, the inside secrets you might say, to invention development that became the foundation of From Patent to Profit. These concepts are actually just common sense, at least to me they are. Others tend to call them revolutionary. Over time I discovered that only 3% of inventors ever made money on their patents. But I didn't know any differently. You see I never considered pursuing an innovation without having a committed sales/marketing team on my side. It’s interesting to note, the concepts, methods, and secrets I discovered are not employed by the invention companies…in fact, they don’t want you to know about them! In my opinion, what they do is a huge disservice to the people in America.
Well, to make a long story short, about 18 years ago I wanted to give seminars to help other inventors and share with them the methods I had been using so successfully. When I talked to colleges and universities, they were eager to sponsor them. It took me 18 months to organize and write the seminar materials. Why? Because there were no books that taught what I wanted to teach…which was, “how to make money on your inventions”. I wanted to teach inventors how to be in the 3% group, which was all I knew.
Giving seminars for two years resulted in writing the book, From Patent to Profit, and the foundation was set. It was picked up by a major New York book publisher and today is in the 3rd edition. You will be amazed at the incredible information in my book. It's a resource - a reference manual - you'll use for years to come. I still use it myself.
Today I don’t need to give seminars or develop any new inventions. But I love helping inventors and especially if I can help them realize success. Besides…I’m an inventor…and you know how that is…inventors can’t NOT create.
With all that said, I ask you to please take the time and use our incredible resources. I'll share all of my knowledge and all of my secrets with you, and the knowledge of many other experts, such as Don Kelly, Don DeGraff, Don Pansier, Julia Rhodes and Ruthie Bolton...if you just take the time. We sincerely want to welcome you to the 3% group.
Now, go out there make it a better world!
Sincerely,
