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Inventor Partnerships Can Be Made In Heaven (Sometimes)

As American Inventor winner, Bobby Amore says, "I always tell people that it takes 100 steps to get an invention to market. Most people stop at step 3, but real inventors take it to 100."

Inventors need partners who are equally excited about the possibilities of their product and those who will work hard to help the inventor accomplish her goals.

Inventors often get ideas for things they know nothing about. My Dad, who has patented a few inventions himself, is famous for this.

When he was a young man in the 1940's, my Dad hitch-hiked from Passaic, N.J. to Detroit to meet with representatives of General Motors, Ford, and Chrysler, the "Big Three" back then. One by one, he told each wide-eyed, head nodding executive, of his idea to make a car brakes that automatically slowed or stopped the car when it got too close to the vehicle in front of it.

"Sounds great," they all said, barely restraining their laughter. "Thank you for bringing us your idea. We'll pass it on to management and someone will call you if we're interested."

That was the early 1940's. A few new and fancy office buildings had just started experimenting with "electronic eyes" to open and close main entrance doors. Those eyes used the technology of radar. My dad didn't know how to build an "eye" but he knew that, with radar technology, cars could be saved from thousands of accidents.

The eyes he had in mind have finally been tested and installed in some high-end cars since about 2004. Almost identical devices have been used in submarines, however, since World War II.

Inventors need partners who are several steps ahead of the market...Those who are willing to create a market for something totally new.

I'm sure that we have even more traits in common as inventors. But the one trait I would like to add to this list today is the most common one: paranoia.

Inventors need partners who are discreet, who only discuss the inventor's projects on a need-to-know basis, within the confines of a proper confidentiality statement, and with permission of the inventor.

"Due diligence" your investor, manufacturer, and marketing partner prospects for the above qualities. But when you want a partner for companionship or other vague responsibilities, I recommend Inventor's Anonymous.

To read other blogs in the Invention Process series click through to My Blog . The series starts at the bottom of the page!

Myra Per-LeeFeatured Bloggerwww.AmericanInventorSpot.com
Comments
Feb 16, 2007
by bobby Amore (not verified)

Anything is possible with the right team

Myra,

You are very kind and I will continue to do my best to share my experiences with you. When I read your articles it makes me reflect back on my own experiences while pursuing this amazing field of inventing. Your father approach echoes my thoughts of not having to be an expert in the development field. I wasn’t an expert in developing products or commercials but I teamed up with the right people.

Partnering up can be real difficult when it comes to the right people. An example of this problem happened while on the ABC American inventor show while in the development stage. I was criticized for a backup plan in place from TV writers who know nothing about the process and thought I should have fired them. I realized that my first team had their own agenda and wanted me to fall into their plan. They were not listioning to me! I was running out of the top commodity here called time. I remembered using my packaging group before the show for another project I did 10 years ago. I decided to control the budget from plan A and have enough for plan B in case they didn’t come through. If I fired them like people suggested I would have had nothing to show for the time and $$$$$ spent on them.

This I learned when pitching to possible investors. If your main revenue stream fails in your business plan you better be able to show other ideas for a backup plan or your not going to see it to fruition!

Great Job on the article!

Bobby Amore
American inventor finialist
www.tonerbelt.org