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    Your Worst Fear, Confirmed - How Can You Recover?

    Stephen Key
    Starting a BusinessLegacy

    Getting ripped off is a major fear most inventors share. Unfortunately, it’s also a fear that causes many inventors to act quickly and unintelligently before fully considering all of their options. I want to share this story, not to instill or heighten this fear, but distinctly because I believe getting “ripped off” happens very infrequently. But I can’t say it hasn’t happened to me – once in 25 years, that is. And this is one story I like to tell.

    It began a summer at least 10 years ago. My family and I were living in Oakdale, California at the time, and the summer heat was stifling. It gets HOT in the Central Valley. We had just pulled up to a grocery store, and as I waited for my wife to return, I spied a middle-aged man struggling. He had just bought a cooler and it was clear he planned on going up to the mountains with friends or family. I watched him empty his bag of ice into the cooler before loading in a six-pack of beer and I saw his frustration when he realized both items didn’t fit. There simply wasn’t enough room in the cooler for both the ice and the beer.

    I had identified a problem.

    And as an inventor, I wanted to devise a solution. After a friend and I brainstormed, we agreed: there had to be a better way. I came up with an idea that would satisfy the beer-ice-cooler problem, and gave it a working title. The Ice’N’Go. I decided to eliminate the concept of the cooler completely. Instead, the Ice’N’Go would be a pack of beer that you could open, pour ice into, and seal shut. The problem was, of course, the issue of the cardboard box and water. How could I prevent the bottom of the box from leaking and becoming soggy when the ice began to melt?

    To be continued...

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    Profile: Stephen Key

    Stephen Key is a successful, award winning inventor who has licensed his ideas for over 30 years. Several of his products have been endorsed by celebrities such as Michael Jordan and Alex Trebek, and sold in retailing giants such as WalMart, Walgreens, and Disney stores and theme parks worldwide.

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