My name is Robert Bear, and I’m the host of the Invention Stories Podcast and owner of InventionStories.com.
In 2007, I began working on an invention for eyewear with removable arms. I built my prototype and gave it to a local company to improve on, which they did. I performed a preliminary background check and discovered there were four similar patented products, two of which were better than mine. Curiously, I couldn’t find them on the market. I began researching the invention process and learned the success rate for inventions was less than 3 percent. Why had so many failed?
What does someone do when they have an idea for an invention? I had no idea. I found quite a few inventions consulting companies that were ready to charge me for help. When I read the fine print, I learned they essentially guaranteed nothing. I believe the best way to learn how to invent smarter is to learn from those who have already found success.
To learn more, please visit www.InventionStories.com.