California Investment Network


Recent Blog


Pitching Help Desk


Testimonials

"I wish to thank the Dealflow Investment Network for their splendid service on listing our project summary. Our entire fund raise was achieved within 5-months from China. Long flight, but well worth it. I am happy to give a recommendation."
James E. Mack

 BLOG >> Recent

Practicing Invention [Entrepreneurship
Posted on December 31, 2020 @ 09:53:00 AM by Paul Meagher

Today I was testing a landscaping device I developed to see if it actually will perform a useful landscaping function. It performed better than I had anticipated because I didn't really appreciate how it worked until I tested it on a challenging landscaping task. Eventually I broke the prototype but way it broke provided useful information for designing the next iteration which will include stronger structural components. I did achieve a proof of concept that my invention is a useful landscaping tool and probably will work better with some additional tweaks.

There are stories of people who are very inventive in developing new devices to solve their own problems. There is quite a bit of intellectual enjoyment to be had creating new physical or digital tools to scratch your own itch. Engaging in invention does not need more justification than that it can be fun and intellectually challenging. This is the first year I developed two devices that I considered inventions (i.e., some aspect of it was new and significant compared to what came before) and in both cases I felt alot of satisfaction in making something that solved a particular problem I designed a prototype to solve. I think getting good at inventing requires practice like any other skill. Practice is probably not quite the right word as you are not doing something repetitive when you engage in invention, rather you are specifically allocating a certain amount of time to the task of inventing something new by sourcing materials and solving the problems that need to be solved to come up with an initial prototype. Then you test it, find out what the weaknesses and strengths of your design are, and refine it again, possibly at more cost if you decide you want to continue improving the design in significant ways.

There are a bunch of additional steps involved in getting a physical invention to market about which I am fairly ignorant, however, all these steps are another aspect of invention that you can practice on to become a better inventor. The design of your invention might have to change in certain ways to make it easier to manufacturer or to bring the overall cost of the materials down. Maybe you need to partner with another entrepreneur with some of the skills and know how you require to take it to the next level. Maybe you need to learn a Computer Assisted Design (CAD) program to communicate your design requirements precisely. Maybe you need to learn how to do a patent search, do an analysis of potential competitors, and a develop a plan for how to enter the marketplace in a small way to test the market along with a plan for how you might scale if things start to take off. These are all arguably skills that might be useful for inventors to have it they want to take their inventions beyond the garage and into the marketplace.

Sometimes the joy of inventing is in your belief that you have not just scratched your own itch with your invention, but the itch of a large and potentially lucrative market. That realization might motivate you to pursue the long game of invention where you start to invest more resources and time into making a significantly improved prototype and acquiring other skills necessary to bringing an invention into the market.

Permalink 

 Archive 
 

Archive


 November 2023 [1]
 June 2023 [1]
 May 2023 [1]
 April 2023 [1]
 March 2023 [6]
 February 2023 [1]
 November 2022 [2]
 October 2022 [2]
 August 2022 [2]
 May 2022 [2]
 April 2022 [4]
 March 2022 [1]
 February 2022 [1]
 January 2022 [2]
 December 2021 [1]
 November 2021 [2]
 October 2021 [1]
 July 2021 [1]
 June 2021 [1]
 May 2021 [3]
 April 2021 [3]
 March 2021 [4]
 February 2021 [1]
 January 2021 [1]
 December 2020 [2]
 November 2020 [1]
 August 2020 [1]
 June 2020 [4]
 May 2020 [1]
 April 2020 [2]
 March 2020 [2]
 February 2020 [1]
 January 2020 [2]
 December 2019 [1]
 November 2019 [2]
 October 2019 [2]
 September 2019 [1]
 July 2019 [1]
 June 2019 [2]
 May 2019 [3]
 April 2019 [5]
 March 2019 [4]
 February 2019 [3]
 January 2019 [3]
 December 2018 [4]
 November 2018 [2]
 September 2018 [2]
 August 2018 [1]
 July 2018 [1]
 June 2018 [1]
 May 2018 [5]
 April 2018 [4]
 March 2018 [2]
 February 2018 [4]
 January 2018 [4]
 December 2017 [2]
 November 2017 [6]
 October 2017 [6]
 September 2017 [6]
 August 2017 [2]
 July 2017 [2]
 June 2017 [5]
 May 2017 [7]
 April 2017 [6]
 March 2017 [8]
 February 2017 [7]
 January 2017 [9]
 December 2016 [7]
 November 2016 [7]
 October 2016 [5]
 September 2016 [5]
 August 2016 [4]
 July 2016 [6]
 June 2016 [5]
 May 2016 [10]
 April 2016 [12]
 March 2016 [10]
 February 2016 [11]
 January 2016 [12]
 December 2015 [6]
 November 2015 [8]
 October 2015 [12]
 September 2015 [10]
 August 2015 [14]
 July 2015 [9]
 June 2015 [9]
 May 2015 [10]
 April 2015 [9]
 March 2015 [8]
 February 2015 [8]
 January 2015 [5]
 December 2014 [11]
 November 2014 [10]
 October 2014 [10]
 September 2014 [8]
 August 2014 [7]
 July 2014 [5]
 June 2014 [7]
 May 2014 [6]
 April 2014 [3]
 March 2014 [8]
 February 2014 [6]
 January 2014 [5]
 December 2013 [5]
 November 2013 [3]
 October 2013 [4]
 September 2013 [11]
 August 2013 [4]
 July 2013 [8]
 June 2013 [10]
 May 2013 [14]
 April 2013 [12]
 March 2013 [11]
 February 2013 [19]
 January 2013 [20]
 December 2012 [5]
 November 2012 [1]
 October 2012 [3]
 September 2012 [1]
 August 2012 [1]
 July 2012 [1]
 June 2012 [2]


Categories


 Agriculture [77]
 Bayesian Inference [14]
 Books [18]
 Business Models [24]
 Causal Inference [2]
 Creativity [7]
 Decision Making [17]
 Decision Trees [8]
 Definitions [1]
 Design [38]
 Eco-Green [4]
 Economics [14]
 Education [10]
 Energy [0]
 Entrepreneurship [74]
 Events [7]
 Farming [21]
 Finance [30]
 Future [15]
 Growth [19]
 Investing [25]
 Lean Startup [10]
 Leisure [5]
 Lens Model [9]
 Making [1]
 Management [12]
 Motivation [3]
 Nature [22]
 Patents & Trademarks [1]
 Permaculture [36]
 Psychology [2]
 Real Estate [5]
 Robots [1]
 Selling [12]
 Site News [17]
 Startups [12]
 Statistics [3]
 Systems Thinking [3]
 Trends [11]
 Useful Links [3]
 Valuation [1]
 Venture Capital [5]
 Video [2]
 Writing [2]