Transforming Good Ideas into Successful Products; A Four Part Workshop Series
Designed for creative individuals, entrepreneurs, inventors and startups, this workshop series covers the essential steps that separate successful ventures from those that fail, what no one teaches in school or on the job. Upon completing these four sessions, you will have a foundation and tools to validate the commercial merits and competitive advantage of your concept, and to make informed decisions before investing time and money. For those who complete the workshops and who want ongoing help to advance their ideas, a monthly support group follows in January.
Register at: http://prophetshareri.com/event-registration/?ee=176
Session One: Wednesday, November 12th – 6:30 pm
In this class, you will learn how to:
a.) Assess various resources required for your project
- Identify personal, professional and financial assets needed
- Locate, screen and interview potential development service providers
- Establish relationships that work with co-inventors, partners, and others
b.) Define and effectively present a product idea in development
- Organize your project by goals, milestones, and priority action steps
- Articulate and communicate a concept with clarity to service providers and prospects
- Discern how to protect the proprietary aspects of a project during development
Session Two: Wednesday, November 20th – 6:30 pm
In this class you will learn how to:
a.) Choose suitable business model(s) for the project
- Evaluate viable paths to the marketplace and the barriers to entry for each
- Assess the risk and profit potential of each model
- Identify the key concerns of companies when considering new products
b.) Position your product for success
- Identify who to avoid, who to engage, how to prepare and what to expect
- Protect your concept from scams and the unscrupulous
- Explore various applications and markets where the concept can thrive
Session Three: Wednesday, December 3rd – 6:30 pm
In this class you will learn how to:
a.) Search for prior art
- Shop the marketplace for competitive products
- Explore the world of prior art using online resources
- Locate qualified and affordable patent search professionals
b.) Research your marketplace
- Investigate an industry’s vast trade resources and support networks
- Seek out potential marketing partners and opportunities to collaborate
- Review the steps required before approaching prospects and sharing your idea
Session Four: Wednesday, December 10th – 6:30 pm
In this class you will learn how to:
a.) Test your concept
- Approach target consumers for product acceptance during development
- Create effective surveys at an early concept stage
- Determine next steps in light of testing results
b.) Prove your concept works
- Document product details and determine what is required to prove your theory
- Identify professionals and companies as potential resources for development
- Generate functional proofs needed for demonstration purposes
Process
A multi-pronged approach for both the workshops and the support group will include education, input from vetted experts in various development specialties, discussion, homework, mentor review of action steps and more.
Support Group
The goal of our support group is to help members identify challenges, locate tools, resources, explore leads, and advance viable projects. Support sessions are scheduled to run monthly. For more details, contact: info@theinventinglife.com
Presented by Elizabeth Pierotti, an inventor, educator, and strategic product developer for more than 30 years. She has designed and developed innovations for both Fortune 500 companies and small businesses. She has given workshops and presentations to thousands of inventors, designers, entrepreneurs, and students on what it takes to transform ideas into commercially viable products. Through her company, The Inventing Life, Elizabeth mentors first time inventors. She is author of the guidebook “The Inventing Life” and the soon-to-be-published,“8 Steps to Successful Inventing… the Book That Comes With a Mentor.” Winner of the 2008 RI PBJ Innovation Champion award for her comprehensive one-on-one work with inventors and entrepreneurs. www.theinventinglife.com
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