John Hobbs Author TSOSI

WHY is The Secrets of Successful Inventors so important for inventors and entrepreneurs to achieve greater success.

The 1st four chapters cover the 5 things most successful inventors do before they spend much time or spend any money developing their new idea. Then the remainder of the book is a step by step guide so an inventor beats the 99.9 percent odds of failing to become one of the .1 percent of inventors to making a profit. Since the new entrepreneur knows what to do and when to do it the new venture gains traction quickly while the inventor is still extremely enthusiastic. This causes a domino effect that attracts the team, resources and capital needed to build momentum while achieving lasting success of their new product line.

WHAT is The Secrets of Successful Inventors by definition

The Secrets of Successful Inventors is a how to book that gives the reader real knowledge so
an inventor or any entrepreneur starting a new business knows what to do to increase their odds of
success. Unlike most books or inventors help organizations TSoSI provides useful tools and
guidance so a person applying the knowledge does not waste years of time and tens of thousands of dollars like I did on services that were not needed at the time. Since there is a sequence to developing a product that saves time and money an entrepreneur is completing whats important next so their time and
energy is not wasted.

HOW do your reads typically get started with The Secrets of Successful Inventors on a step by step basis

Each of the chapters are called action step. By completing the suggested action in each chapter an inventor and entrepreneurs are doing what they should be doing efficiently so they are prepared to quickly to receive the resources and capital required to make a profit.

Here is an example
1st action step Putting Your Idea in Writing This has entrepreneur writing down every new feature their product or service and then listing all the benefits of each feature. The action step then has them write a description of the new idea using 95 to 100 percent benefit language so the start working on conveying just what is in it for the end user. This step separates most entrepreneurs starting a new venture because the focus starts out on the benefits to the end user while helping to develop more clarity about their idea.

2nd action step is Patent Research This chapter gives them the tools and guidance needed to successfully complete a thorough patent search. This is important because 46 percent of all patent applications are denied. Moreover, since the inventor completed the first AS they clarified and expanded what their inventions is so the 1st exercise helped them with this action step.

3rd action step is Research the Target Market and Competition This chapter gives them the tools and guidance needed to successfully complete an initial market and competition study. Being able to put numbers to you market and state the competition is a must to be taken seriously by any season business person.

4th action step is The Business Plan This step helps an inventor clarify their vision by helping them understand and see many aspects about developing their idea and whether the undertaking has a chance of becoming profitable.

By working the first 4 chapters an inventor or entrepreneur contemplating starting a new business has a solid foundation to make a decision to move forward or not.

Then the rest of the book is a step by step guide that helps them gain traction and attract the resources needed to be successful faster with less wasted money.

WHAT IF any of our viewers or listeners got started today with The Secrets of Successful Inventors what would their life look like in say,

30 days An entrepreneur will be able to convey their idea competently in a way excites and compels people to buy into the new venture they are starting. After meeting 1000s of inventors I know 95 percent of them cant do even after a year because they have not been told or understand how important it is.

90 days After 3 months the entrepreneur should already be attracting the team and resources required. Plus, the initial design work should be started and depending on the complexity of the invention possibly completed.

1 year After 12 months a team should be in place, working prototypes with tooling being completed for mass product runs, branding completed, route to market decided, first round of funding completed and working on second round.

Category:

Education

Tags:

• John
• Hobbs
• Author
• TSOSI