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The episode discusses a worst-case scenario of receiving goods from a manufacturer where only 1 out of 1000 pieces of a new product is good. Grant and Marcus emphasize that setbacks should not lead to giving up or despair. Instead, they suggest an alternative approach, such as using the one working product to generate pre-orders and income to fund the business.

Questions? [email protected]

By popular demand... introducing Grant's "Invent With Me" Patreon.
-You may want to join if...
1. You have an invention idea but don't know where to go from here...
2. You need access to engineers, lawyers, inventors or manufacturers.
3. You need inspiration and weekly tips to bring your invention to the market and start making 7-figures from your idea.
https://patreon.com/InventWithMe?utm_...

The episode emphasizes that setbacks are a common part of the journey towards success but can often be prevented. The hosts, Marcus and Grant, share their own experiences of facing setbacks to help listeners avoid common mistakes in manufacturing. The episode aims to provide insights on how to effectively navigate manufacturing challenges and achieve success in product development. Listeners are encouraged to tune in for practical advice on nailing manufacturing and overcoming setbacks!

Invent with me is the first place to go when you need motivation to fire up your best self and create your invention! 

Have questions? Send us an email @ [email protected]

Here are todays show notes;

Topics.
- Bad Quality Products
- Quality Control
- Broker Manufacturing vs. sourcing yourself
- How to be resilient
- Should you go to China?

The Invent With Me Podcast, where each week we help aspiring inventors and product creators to turn their innovative ideas into reality.  Join us on youtube to have the ultimate show experience!  www.youtube.com/@inventwithme

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Today's episode features an interview with Torkstrap's head of sales, where we delve into the topic of hiring the right salesperson for your growing business.

Questions? [email protected]

By popular demand... introducing Grant's "Invent With Me" Patreon.
-You may want to join if...
1. You have an invention idea but don't know where to go from here...
2. You need access to engineers, lawyers, inventors or manufacturers.
3. You need inspiration and weekly tips to bring your invention to the market and start making 7-figures from your idea.
https://patreon.com/InventWithMe?utm_...

When it comes to hiring, it can be challenging to find someone who not only understands the importance of customer relationships but also possesses knowledge of software and sales systems. Having both these skills is crucial for success.

Salespeople are invaluable assets as they are genuinely invested in your product's success. They actively contribute to problem-solving and drive the business forward. Moreover, they bring a unique perspective to your product and can sell it tirelessly, especially when you might be more reserved.

Join us on this podcast episode as we explore the tough questions and gain valuable insights into building a strong sales force for your product development business!

The Invent With Me Podcast, where each week we help aspiring inventors and product creators to turn their innovative ideas into reality.  Join us on youtube to have the ultimate show experience!  www.youtube.com/@inventwithme

Send us Fan Mail

Invent with me is the first place to go when you need motivation to fire up your best self and create your invention!

Questions? [email protected]

By popular demand... introducing Grant's "Invent With Me" Patreon.
-You may want to join if...
1. You have an invention idea but don't know where to go from here...
2. You need access to engineers, lawyers, inventors or manufacturers.
3. You need inspiration and weekly tips to bring your invention to the market and start making 7-figures from your idea.
https://patreon.com/InventWithMe?utm_...

Have questions? Send us an email @ [email protected]

Here are todays show notes;


Welcome to the "Invent with Me" Podcast, where we unveil the secrets to thriving in today's fast-paced and content-driven society. In an era where even individuals with a modest following can achieve viral fame (just like the Ocean Spray guy), we understand the power of leveraging all major platforms to maximize your chances of going viral. Join us as we delve into our proven strategies for viral success and effective product promotion. Discover the ultimate marketing method of this decade—one that is not only the best and most efficient, but also cost-effective. Tune in now and unlock the key to viral sensations and skyrocketing sales!

The Invent With Me Podcast, where each week we help aspiring inventors and product creators to turn their innovative ideas into reality.  Join us on youtube to have the ultimate show experience!  www.youtube.com/@inventwithme

Send us Fan Mail

Grant and Marcus discuss the patent process and the importance of protecting intellectual property.

Questions? [email protected]

By popular demand... introducing Grant's "Invent With Me" Patreon.
-You may want to join if...
1. You have an invention idea but don't know where to go from here...
2. You need access to engineers, lawyers, inventors or manufacturers.
3. You need inspiration and weekly tips to bring your invention to the market and start making 7-figures from your idea.
https://patreon.com/InventWithMe?utm_...

Grant started the discussion by explaining the patent process and the difference between provisional and non-provisional patents. He went into detail about the various stages of obtaining a patent, from filing the application to receiving the patent grant. He also explained that provisional patents can be useful for protecting an idea while an inventor develops a more detailed non-provisional patent application.

Marcus followed up by discussing the benefits and drawbacks of each type of patent and when it may be appropriate to use each one. He explained that provisional patents are useful for protecting an idea while the inventor works on a more detailed application. Non-provisional patents, on the other hand, offer more comprehensive protection for a longer period of time.

Grant and Marcus also discussed the realistic costs of obtaining a patent, including filing fees, attorney fees, and other expenses. They emphasized the importance of budgeting for these costs, as well as the potential benefits and risks of obtaining a patent.

The guests also discussed whether or not obtaining a patent is worth the money. They explained that while patents can be expensive to obtain, they can also provide significant benefits, such as preventing competitors from copying an invention and licensing the invention to others.

Additionally, Grant and Marcus shared information about how much defending a patent can cost and the likelihood of success in patent infringement cases. They concluded by emphasizing that the best protection for intellectual property is to be the best and outsell the competition, but that obtaining a patent can still be a valuable asset for many inventors.

To wrap up the episode, the host summarized the key takeaways from the discussion, including the importance of considering the costs and benefits of obtaining a patent and the need to be competitive in the market. Grant and Marcus provided their contact information for those interested in learning more about the patent process or seeking legal assistance.

Overall, the episode provided valuable insights into the patent process and the importance of protecting intellectual property for inventors and entrepreneurs.

The Invent With Me Podcast, where each week we help aspiring inventors and product creators to turn their innovative ideas into reality.  Join us on youtube to have the ultimate show experience!  www.youtube.com/@inventwithme

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Segment 1: Finding the Right Manufacturer
Marcus and Grant share tips on how to find the right manufacturer for your product, including how to research potential manufacturers, what to look for in a manufacturer, and how to verify the quality of their work.

Questions? [email protected]

By popular demand... introducing Grant's "Invent With Me" Patreon.
-You may want to join if...
1. You have an invention idea but don't know where to go from here...
2. You need access to engineers, lawyers, inventors or manufacturers.
3. You need inspiration and weekly tips to bring your invention to the market and start making 7-figures from your idea.
https://patreon.com/InventWithMe?utm_...

Segment 2: Sourcing Materials
Our hosts discuss the challenges of sourcing materials, including why it can be difficult to source materials in the United States and the pros and cons of sourcing materials from overseas.

Segment 3: Negotiating Prices
The guest will share tips on how to negotiate better prices with manufacturers, including how to leverage higher quantities, how to build a strong relationship with the manufacturer, and how to identify areas where cost savings can be achieved without compromising quality.

Segment 4: The Manufacturing Process
Our hosts will walk us through the manufacturing process step-by-step, from design and prototyping to final production and quality control.

Segment 5: Wrap-Up
We'll conclude the episode by summarizing the key takeaways from our discussion and sharing any final thoughts on the manufacturing process.

Outro:
Thanks for tuning into the Invent with Me podcast. We hope you found today's episode informative and useful. Be sure to subscribe to our show for more great episodes like this one, and join the conversation on social media by using the hashtag #InventWithMe. Until next time, keep innovating!

The Invent With Me Podcast, where each week we help aspiring inventors and product creators to turn their innovative ideas into reality.  Join us on youtube to have the ultimate show experience!  www.youtube.com/@inventwithme

Send us Fan Mail

Episode four: Liability. It's scary, but it doesn't have to be.

Questions? [email protected]

By popular demand... introducing Grant's "Invent With Me" Patreon.
-You may want to join if...
1. You have an invention idea but don't know where to go from here...
2. You need access to engineers, lawyers, inventors or manufacturers.
3. You need inspiration and weekly tips to bring your invention to the market and start making 7-figures from your idea.
https://patreon.com/InventWithMe?utm_...

- Each week we guide aspiring inventors and product creators to bring their idea into reality. Learn valuable tips, insights and success stories from a couple guys roughing it in the field of inventing.

- A large company said, hey, you're infringing on our patent. The lesson there was, well, it was scary, but hey, I'm small. Every time things progress, you work around and patents expire. So make new products and take advantage of the fact that you're small.

- Inventor: The first step to protect yourself moving forward is product liability insurance. If you know you're going to hit the market and sell this thing, go ahead and set up your LLC or corporation.

- Don't worry about patents at all. You're in the very early stages of your business. For around $100, you can file a provisional patent. Do it down the line when you know you're going to do something with it.

- "The world is your oyster now. No one's watching you. You can do basically whatever you want in the respect of inventing in your garage, " he says. If you have doubts, definitely have a lawyer look into those things previous to that.

- One of the most important assets to have as an inventor is perseverance. liability could be something that could slow people down. We want you guys to keep moving forward, to keep thinking. Please don't forget to like this episode!

The Invent With Me Podcast, where each week we help aspiring inventors and product creators to turn their innovative ideas into reality.  Join us on youtube to have the ultimate show experience!  www.youtube.com/@inventwithme

Send us Fan Mail

In this episode, they discuss the importance of prototyping for inventors.

Questions? [email protected]

By popular demand... introducing Grant's "Invent With Me" Patreon.
-You may want to join if...
1. You have an invention idea but don't know where to go from here...
2. You need access to engineers, lawyers, inventors or manufacturers.
3. You need inspiration and weekly tips to bring your invention to the market and start making 7-figures from your idea.
https://patreon.com/InventWithMe?utm_...

Main Episode:

Prototyping is essential to convey your idea to your audience in a tangible way, especially in the current visual age.
A prototype allows you to see whether your idea works, the right size, shape, color, and whether people like it.

In the olden days, doodle drawings and the written word were sufficient, but now, without a video or prototype, an idea may not exist.
There are two ways to approach prototyping: pay for everything or chop shop it yourself.

Doing it yourself is legitimate and cost-effective, although paying for it upfront is also an option.
Prototyping is a critical step in the invention process to ensure your idea becomes a reality.

In this episode, the hosts discuss the importance of having a 3D CAD drawing created by a designer or engineer as the first step towards prototyping. They mention that there are different routes to take for prototyping, such as paying for a professional service or doing it yourself. While paying for a professional service is legitimate, the hosts agree that doing it yourself is a preferred method as it saves money and allows for greater control over the process.

They caution that in the world of inventing, it is easy to spend a lot of money quickly, and many service providers may not guarantee results. As such, young inventors need to be savvy with their funds. The hosts also clarify that by "young inventors," they mean novice inventors, rather than age.

To illustrate the point of starting with what you have, one of the hosts shares their experience of creating their first prototype using a washer and a piece of string that cost them about $3. They emphasize the importance of testing ideas through prototyping and explain how the process helped them refine their initial concept.

Thanks for listening to the Invent with Me podcast, where Grant and Marcus help turn innovative ideas into reality.
Join us next week for more insights and success stories for aspiring inventors and product creators.

- Each week we guide aspiring inventors and product creators to turn their innovative ideas into reality. Learn valuable tips, insights, and success stories from a couple guys roughing it in the field of inventing. Do we give them the insider info today? Give it all up?

- Don't get discouraged if your first idea kind of sucks. Make your prototype out of somebody else's finished product. Once you buy something, it's yours. Do with it what you will.

- When he first started TorkStrap, he was so hot and heavy. He thought some firm was going to take him on and help him design his buckle in a serious professional capacity. But instead, he walked out with his tail between his legs.

- You do need a good CAD drawing. If you're not capable of that, there's online resources. Then you have an actual, really good, usable prototype to start testing. It can be translated by pretty much any manufacturer.


- A

The Invent With Me Podcast, where each week we help aspiring inventors and product creators to turn their innovative ideas into reality.  Join us on youtube to have the ultimate show experience!  www.youtube.com/@inventwithme

Send us Fan Mail

In this episode, the hosts explore the complexities of licensing a new invention and discuss an alternate route that could be fun and profitable for inventors. They begin by highlighting the common misconception that slapping a patent on an idea is enough to start collecting royalties. They use the example of the post-it-notes inventor to demonstrate the reality of the process.

Questions? [email protected]

By popular demand... introducing Grant's "Invent With Me" Patreon.
-You may want to join if...
1. You have an invention idea but don't know where to go from here...
2. You need access to engineers, lawyers, inventors or manufacturers.
3. You need inspiration and weekly tips to bring your invention to the market and start making 7-figures from your idea.
https://patreon.com/InventWithMe?utm_...

Segment One: Licensing Vs. Selling

The hosts explain the options for distributing an invention and getting paid, namely licensing or selling. They discuss the difficulties of securing a licensing deal, from convincing potential partners of the value of your idea to negotiating favorable terms. They also touch on the issue of accountability, as licensing offices may not accurately report numbers and royalties, leaving inventors in the dark about their true earnings.

Segment Two: Pitching an Idea

The hosts role-play pitching an idea to someone who has money, manufacturing capabilities, and an administrative staff to carry out day-to-day operations. They highlight the skepticism of investors and the importance of addressing their concerns and providing convincing evidence of the potential success of the idea. They discuss the key factors that would lead to a successful pitch and subsequent meeting.

Closing:

The hosts share personal stories of licensing failures and encourage listeners to stick around to the end for an alternate route that could be fun and profitable for inventors. They promise to provide hope and a fresh perspective on the process.

Conclusion:

This episode provides valuable insight into the complexities of licensing a new invention and highlights the importance of addressing investors' concerns and negotiating favorable terms. It also presents an alternate route that could be a fun and profitable option for inventors.

The Invent With Me Podcast, where each week we help aspiring inventors and product creators to turn their innovative ideas into reality.  Join us on youtube to have the ultimate show experience!  www.youtube.com/@inventwithme

Send us Fan Mail

In this episode, we explore the exciting world of inventing, and how you can turn your ideas into successful inventions. We discuss the financial benefits of owning a business, the importance of identifying gaps in the market, and provide tips for validating your invention idea. Tune in and discover how to unleash your creativity and become a successful inventor!

Questions? [email protected]

By popular demand... introducing Grant's "Invent With Me" Patreon.
-You may want to join if...
1. You have an invention idea but don't know where to go from here...
2. You need access to engineers, lawyers, inventors or manufacturers.
3. You need inspiration and weekly tips to bring your invention to the market and start making 7-figures from your idea.
https://patreon.com/InventWithMe?utm_...

Keywords: Invent, Inventing, Ideas, Success, Business, Financial Benefits, Validating Invention Idea, Creativity

Introduction:

Grant shares a story about a dog laying on a nail
Introduces the topic of inventing and turning ideas into success

Segment 1: So you've got an idea.. What now?

Define what an idea is and how to identify gaps in the market and missed opportunities
Discuss the value of an idea and when to call oneself an inventor
Imagine a world where everyone is an inventor
Highlight the financial benefits of owning a business, citing examples of successful professionals who don't work 9-5 jobs
Briefly explain tax benefits of owning an LLC or INC
Address common misconceptions about employer healthcare and deductions
Explain why a high paying job can be a burden to progress
Discuss the compound effect of money
Segment 2: Breaking Down Ideas and Turning Them into Success

Answer the question of whether to tell people or hide an invention idea
Ask listeners to imagine losing their invention and how they would handle it
Provide tips for validating an invention idea, including why not to use invent helping businesses
Encourage listeners to identify problems, create solutions, and take advantage of the benefits of owning a business
Conclusion:

Recap the main points of the episode, emphasizing the importance of creativity and innovation
Encourage listeners to subscribe and join the journey of uncovering the world of inventing
Promise to take the punches so listeners don't have to
Keywords: Validation, Invention Idea, Creativity, Innovation, Business, Financial Benefits, Subscribe

The Invent With Me Podcast, where each week we help aspiring inventors and product creators to turn their innovative ideas into reality.  Join us on youtube to have the ultimate show experience!  www.youtube.com/@inventwithme