
Topic: Going to Market: Success or Failure??
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In this week’s episode, in the show’s second segment, America’s Inventor Lady, Rita Crompton, interviews Dr. Richard M. Chesbrough, a retired radiologist with over 30 patents who has generated over $450 million in product sales from his inventions. Listen and watch and gain insights on how to get started with inventing, making sense of it financially, facing rejections, and the potential that professionals have to explore inventing as a side hustle.
In the show’s second segment, Rita explores the process that drove cosmetologist, Teri Lafranchi, to invent her “football cap” product and the challenges associated with inventing a product that requires, for its full actualization, the need to seek intellectual property rights from third parties, such as NFL franchise owners and others with protected IP.
In the third segment, Rita discusses, with her long-time friend and colleague, Michael Miller, the importance of having a registered patent attorney prepare patent applications that are intended to cover inventions which the inventor wishes to license to third parties for commercialization. Come, view, listen and learn what it takes to be successful as inventor, whether you’re doing it as a side hustle, as a “once-in-a-lifetime” gambit or even if you think that you’d like to turn your imagination and talents towards becoming a full-time serial inventor by bringing new ideas and products into the world on an ongoing basis!
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