Productizing Your Invention

About the Course: If a picture is worth a thousand words, a prototype of your invention must be worth a hell of a lot more. Knowing when and how to develop a prototype within budget and that has a reasonable chance of resonating with licensees, distributors and customers is not something that inventors should take for granted. This session is replete with practical advice for moving your invention from idea to a concrete product and beyond. The course leader, James Richardson, has some 40 years of experience in assisting inventors in all aspects of product development. Mr. Richardson provides many poignant case studies of product development successes and failures. The following are among the issues discussed: How can an inventor find and evaluate an appropriate product development consultant? How are product development consultants and prototypers compensated? What collateral material must an inventor have ready before the first meeting with a product development consultant or prototyper? How can you estimate the costs of prototyping? When should an inventor commission a proof of function prototype versus a camera ready prototype? What exercise forces inventors to thoroughly and inexpensively distill their thoughts so that prototypes can be readily produced? What is solid modeling? What should inventors know about product runs of prototypes? What is a catalog sheet and how should it look? What are the benefits and disadvantages of having prototypes developed domestically versus offshore? Course Leader: James E. Richardson, President, Richardson & Associates LLC James Richardson is an Industrial Designer and new-product development consultant based in southern Maine. He has been involved in developing industrial and consumer products for major corporations like Anhueser Busch, Miller Brewing, and the precursor to News America-in-Store. He has consulted on numerous new product based entrepreneurial startups. Some of his past projects can be viewed at www.richardson-assoc.com Mr. Richardson has been awarded 19 US patents for product innovations, was the president of the Connecticut chapter of the Inventors Association, (IACT) and has been the subject of articles in national publications like the N.Y. Times and Fortune magazine. He has been a regular guest speaker at the University of Maine law school entrepreneurial seminars and a speaker at inventor and entrepreneurial organizations in the Northeast.
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