What makes a good first project? The product idea you choose to work on will influence the experience you have with the inventing process. So when you first begin inventing, it’s important to pick a project that will help you gain the most experience and the most confidence possible. In my opinion, there are two factors that are incredibly important to consider.
First, how complicated is the idea? Is it easy to manufacture? Do you know how it could be manufactured? I do not recommend trying to bring a complex product to market your first time out. Secondly, are the benefits of your idea easy to understand? If someone reads your sell sheet, will they understand why your product is of value immediately? It is better to work on smaller, less complicated ideas than inventions that are bound to have a lot of issues throughout the inventing process. The process will discourage you if you’re unable to complete the most basic steps because there are so many technical kinks and problems to resolve with your idea. And you’re likely to get bogged down resolving these problems than actually learning about how bringing a product to market works.
The other question to consider is, how attached are you to this idea? If you’re a first-time inventor, I do not recommend working on the idea you’ve been obsessed with for years. If you are emotionally attached to the idea, you’re likely to hesitate before making every decision. Your nervousness will hinder you and your success. Instead, work with a simple product idea you don’t care that much about to familiarize yourself with the process. You don’t need to spend months working on an invention you don’t love; you can get through the major steps in a few weeks. It isn’t important if you end up licensing the product – what matters is that you learn how to do research, how to make a sell sheet, how to call a company and introduce your product, etc. Save the idea you love until you’re more knowledgeable and confident. However, loving any one idea usually hinders inventors from using their best judgment. Unfortunately, some inventors never get over their love of an idea!
Please, before you embark upon this awesome process, choose a project wisely! You will thank yourself for it.
Stephen Key is a successful award-winning inventor who has licensed
over 20 products in the past 30 years. Along with business partner
Andrew Krauss, Stephen runs inventRight,
a company dedicated to educating inventors about selling their ideas
and the skills needed to succeed. You can listen to the weekly radio show on inventing. Get In The News, list your invention to have media outlets find you for news stories.