Creating An Invention Prototype
StartUpNation:
We got our start as entrepreneurs by inventing, developing and licensing the Battery Buddy, a device that prevents dead batteries on cars and boats. And the invention prototypes we built were critical to our success in ultimately licensing the product to a multi-billion dollar NYSE company.
Invention prototypes are crucial because they go a long way toward proving your concept to potential investors, customers and suppliers – and to yourself. Many experts agree. ‘The whole reason to do a prototype is that it can help you accomplish a lot without your having to invest too much in the product idea or commit to it early on,’ says Bob Cannon, chief executive officer of Cannon Advantage, a management consultant in Burton, Ohio, who specializes in bringing inventions to market.
Build an invention prototype at the right time. Read on…
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