Connect with us

Business

Top Tips For Becoming A Modern Day Thomas Edison

Top Tips For Becoming A Modern Day Thomas Edison

Whether you realise it or not, becoming an inventor and creating your very own unique products can be an amazing way of earning a living. Many people simply don’t have the ability to think outside of the box these days, which means competition in this industry to pretty weak at the moment. Even so, those people still coming up with new ideas and registering them with the patent office usually work for large companies who specialise in innovation. So, wouldn’t it be cool if you could blow them all out of the water by coming up with something so simple they can’t believe they didn’t think of it first?

Top Tips For Becoming A Modern Day Thomas Edison

This is one of the main advantages of opting for a career as a modern day Thomas Edison. Whilst you’ll probably have to create far more complex items than the common household light bulb to make your mark, you certainly won’t have to perform groundbreaking research to achieve an impact. At the end of the day, it all comes down to your ability to follow the tips I’ve listed under this paragraph. Are you smart enough to take on the challenge? Let’s find out…

Identifying An Issue

In most instances, this is why new products are designed and manufactured, so you need to work on your problem-spotting skills first. Take a walk around your home (or even your local town), and see if you notice people working harder than you think they should. Once you’ve identified the issue, ask yourself this question; Is it possible to create a device that would make their lives easier?

If the answer to that is “yes”, then you must start work right away. Consider making a list of possible solutions to the problem, and then begin designing a product that would combat the issue factoring in some of the solutions you’ve come up with.

Keeping Your Inventions Safe

If you’ve managed to conceive a device or product that you believe to be totally original, you’ll need to get in touch with the experts at www.londonip.com or another patent attornety specialist to find out how they can asist. The process for registering inventions can be a long and tedious one, which is precisely why you don’t want to deal with it on your own. You’re an inventor, a creative type; you don’t need to pressures of stuff like that, as it will only hinder your productivity.

Making Money From Your Inventions

Once a patent has been granted and you are recognised as the sole inventor of whatever device you’ve manufactured, it’s time to start looking at ways to make some cash. There are two basic options open to you now. You could either licence the design to companies whom you reach agreements with, or sell it on for a large sum. It’s probably wise to get an experienced solicitor involved at this stage to advise you on the best move considering your personal circumstances, and the products potential earnings.

When you get to this stage, however you decide to make a wage from your invention, you’ll need to start the process over again and continue designing new and innovative products. It’s certainly not unheard of for modern day inventors to become millionaires very quickly, so chin up; things are looking good.

Catch you next time!

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent Posts

Business5 days ago

Can You Use Residential Property for Commercial Use

Having extra income, constantly flowing in can make all the difference in the current economy. Getting creative with how you...

What Do Business Consultants Do What Do Business Consultants Do
Business2 weeks ago

Running a Business? How to Minimize Supply Chain Issues

Supply chain issues have always been an issue for businesses but over the last few years, the effect and widespread...

Home Improvement3 weeks ago

How to Increase Your House Value Before Selling

Increasing home value is the first step to making your place more attractive for future buyers. Whether you are trying...

General4 weeks ago

Why Calorie Control Is Still The Best Way To Diet

There are a great deal of different options when it comes to dieting, every day there seems to be a...

The Benefits Of Trade Credit Insurance For Your Business The Benefits Of Trade Credit Insurance For Your Business
Business1 month ago

The Benefits Of Trade Credit Insurance For Your Business

Trade credit insurance provides cover for businesses who trade on a credit basis. If the people who owe money for...

5 Charming Restaurant Decor Ideas In 2022 5 Charming Restaurant Decor Ideas In 2022
Miscellaneous1 month ago

5 Charming Restaurant Decor Ideas In 2022

Making your restaurant memorable and stand out is a feat worthy of praise. The sheer pressure of wanting to succeed...

Bank Won't Fund Your Business? 4 Loan Alternatives To Get You Started Bank Won't Fund Your Business? 4 Loan Alternatives To Get You Started
Business2 months ago

Bank Won’t Fund Your Business? 4 Loan Alternatives To Get You Started

Businesses typically require some sort of collateral or proof of concept before funding their business venture. However, it is possible...

Planning A Stag Do Planning A Stag Do
Miscellaneous2 months ago

Planning A Stag Do

If you’re a Best Man then you’re in a unique position of responsibility, and before the day itself when you’ll...

Tips to Reduce Eczema Flare-Ups Tips to Reduce Eczema Flare-Ups
Health2 months ago

What Triggers Eczema | Tips to Reduce Eczema Flare-Ups

Eczema is a skin condition that can induce redness, itchiness, and skin inflammation. Its root cause is not fully understood,...

Women's Fashion Trends To Expect In 2022 Women's Fashion Trends To Expect In 2022
Lifestyle3 months ago

Women’s Fashion Trends To Expect In 2022

A new year means new fashion trends. We cannot wait for what is in store in 2022. It seems that...

Home Makeover Trends: Insights from The Pros Home Makeover Trends: Insights from The Pros
Home Improvement3 months ago

Home Makeover Trends: Insights from The Pros

Are you considering a home makeover but don’t know where to start? You’re in luck! In this article, we will...

Interior Design Trends 2022 Interior Design Trends 2022
Home Improvement3 months ago

Interior Design Trends 2022

We all spend time pining over other people’s interior’s on Pinterest or Instagram, but with these trends, it’s easy to...

Top Commonly Overlooked Car Maintenance and Repairs Top Commonly Overlooked Car Maintenance and Repairs
General3 months ago

Top Commonly Overlooked Car Maintenance and Repairs

Maintaining a car is a huge responsibility. There’s a lot that goes into that given how complicated a machine it...

What Is The Difference Between Strata and Property Manager What Is The Difference Between Strata and Property Manager
General4 months ago

What Is The Difference Between Strata and Property Manager

Real estate is a diverse market, and as such, it can be hard to determine the differences between various types...

Sleek Home Upgrades That Will Luxe Up Your Life Sleek Home Upgrades That Will Luxe Up Your Life
Home Improvement4 months ago

Sleek Home Upgrades That Will Luxe Up Your Life

Sometimes we need a vast endeavor to make our home look extravagant and cheek but very often you can implement...

Categories

Archives

Trending