Should I Manufacture or License My Invention?

I recently attended my local Inventors Association (Inventors Alliance in Northern California) and noticed that Inventors kept asking Andrew Krauss (President of Inventors Alliance) about the differences between Manufacturing and Licensing a product.  New Inventors were confused about what these terms meant and wanted to learn more about the factors to consider when deciding which way to go for their own product.  So I thought I'd take a minute to discuss both options as this comes up all of the time in my workshops and classes as well.

Diverging Diamond Interchange Keeps Traffic Moving Quickly

Ever been driving on the road and had some one make an unprotected left turn in front of you, cutting it too close for comfort? With this innovative concept for regulating traffic, you won't have to think about it. The diverging diamond interchange (DDI) traffic pattern has drivers temporarily switch sides of the road in order to keep traffic moving more quickly.

Social Media Giant Youtube Passes 1 Billion Subscriptions

YouTube officially hits 1 billion subscriptions. If you go to the Youtube website you'll notice the logo shows off their accomplishment.On average, that's 200 million channels being subscribed to each year since Youtube was founded in 2005.

25 Free Informative Business eBooks

Thanks to the internet, business owners and entrepreneurs have a multitude of resources available at their very fingertips. The ebook niche has become quite popular in the last few years; you can find one about almost any topic.The best part is - you can get most of this information for free!

Avoid Getting Ripped Off By Get Rich Quick Schemes

Virtually any online get rich quick scheme that sounds too good to be true probably is. Some people are so eager to make quick money that they don't put in the due diligence to ensure a company is legit, and they end up getting scammed and losing their money.

Dreamoc Applies Incredible 3D Hologram System to Coca Cola Bottle

This amazing display of 3D graphical animation was built by a company called Dreamoc. A pyramid-like surface that's only viewable by 200 degrees allows Dreamoc to combine breathtaking animation to a real life product like this Coca Cola bottle.

The 2% Solution – Milk As A Styrofoam Superlative

A combination of milk protein and ordinary clay may represent a biodegradable alternative to the Styrofoam and plastics we dump in our landfills.

Meatloaf Bakery: Business Makes The Mundane Meal Exciting

We've seen a lot of fun niche food businesses that get creative transforming a basic, favorite food item into a complete menu of gourmet meal options. A new restaurant takes meat loaf meals to new levels making a boring food exciting both with taste and presentation.

This Smart Glass Takes The Heat For You

New Green Smart Glass is intended to make getting the perfect cup of coffee both easier and more eco-friendly.

Room With A View – The Hotel Industry Gets Spaced Out

Russian company Orbital Technology adds “space hotel” to its list of under-development projects.

NCIIA Initiates Student Ambassador Program For Inventors & Entrepreneurs

This Fall the National Collegiate Inventors and Innovators Alliance (NCIIA) has selected its first Student Ambassador team, a group of exceptional students at 14 universities that are charged with encouraging and leading the creation of socially beneficial technologies and bringing them to commercialization. No easy feat, but the NCIIA will give them plenty of support.


FatePod: Connecting You With People You Wish You'd Talked To

You know those people that you meet as you go about your day that you find yourself thinking about again? The person who helped you pick up your dropped change in the supermarket line, the gentlemen that held the coffee shop door open for you, or the person who gave you their seat on the subway? Now there's a site that allows you to do more than think about these people you connected with during chance encounters.

Green Technology is the Future

In the midst of one of the worst economic periods the United States has ever seen and the increasing need for renewable energy sources, green technology will lead the way toward an environmental revolution. Throughout history it has been entrepreneurs and inventors that have pulled economies out of the gutter, not government bailouts or higher taxes. As the future innovators of the world, it is our responsibility to make sure our planet is taken care of, not taken advantage of.

Looking for Investors for your New Invention

Looking for investors for your new invention can be an arduous process - by understanding what potential investors are looking for in a lender, you'll be better equip when pitching your idea. Obviously they expect the details of the business, such as organization, location, marketing strategy and implementation strategy, but investors also have specific key areas they focus on. They want to see that you know the ins and outs of the industry, how your product or service is unique, if you have researched your competition thoroughly, if they can expect a return on their investment, and how soon.

Small Business Software to Improve Productivity

Running a business is time consuming. Since time = money, the less time you spend on busy work, the more time you will have for more important aspects of your business. By utilizing the right software programs you can effectively cut costs, increase productivity, and run a smoother operation.