25. Why You NEVER Hire a One-Stop-Shop, Inventing Design Firm

03/15/24 • 77 min

Do invent and design firms employ cult tactics to trap eager inventors into a bottomless money trap? Sitting with a novice inventor who has a new take on an old design as we uncover how to monetize art!
Questions? [email protected]
By popular demand... introducing Grant's "Invent With Me" Patreon.
-You may want to join if...
1. You have an invention idea but don't know where to go from here...
2. You need access to engineers, lawyers, inventors or manufacturers.
3. You need inspiration and weekly tips to bring your invention to the market and start making 7-figures from your idea.
https://patreon.com/InventWithMe?utm_...
The Invent With Me Podcast
⬇️Spotify
https://open.spotify.com/show/2YAZqvvTeQSj5wJkQxsAbU?si=7e7864f9fd1e4549
⬇️Apple
https://podcasts.apple.com/us/podcast/the-invent-with-me-podcast/id1676385606
Welcome to the latest episode of the Invent With Me podcast, where we dive into the world of investing, product development, and turning your ideas into money-making ventures. In this episode, we explore the common challenges faced by aspiring inventors when working with design and engineering firms, and how these firms often charge exorbitant fees for subpar results, trapping clients in a cycle of disappointment. Join us as we uncover the secrets to successful investing and product development for beginners, and learn how to navigate the challenges of bringing your inventions to market while maximizing your potential for passive income.
Todd discusses the creation of a unique three-dimensional version of the yin yang symbol, with emphasis on its potential as a sculpture and the process of obtaining a patent. The speaker recounts their journey of conceptualizing the design, seeking expert feedback, and ultimately patenting it to claim ownership. The conversation delves into the motivation behind patenting, which includes the desire to protect the rights to any potential artwork and potential income. Additionally, the speaker explores avenues for manufacturing the product, considering options like Alibaba and a product design firm in Northern California. Overall, the discussion revolves around the speaker's entrepreneurial journey, from conceptualization to patenting and manufacturing, with a focus on originality and potential profitability.
Todd discusses his interactions with a factory regarding the manufacturing of his product. He expresses frustration with the complexity and cost of the process, particularly with regards to design iterations and manufacturing options. His friend offers advice, suggesting alternative approaches such as 3D printing and questioning the factory's pricing and methodology. They discuss the importance of investing in quality and the need for Todd to take a more hands-on approach to understand the manufacturing process better. Todd ref

The Invent With Me Podcast, where each week we help aspiring inventors and product creators to turn their innovative ideas into reality. Join us on youtube to have the ultimate show experience! www.youtube.com/@inventwithme

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24. Simple Invention Ideas Turned Into 7-Figure Brands (Sometimes Overnight) | Terrence Kelleman

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Think inventing in 2024 is tough? Try going back to 2002 when you had to FAX drawings to China! Learn how one inventor took relatively "simple" designs and ideas and backed them with so much power and belief they turned into 7 figure brands... sometimes overnight!
Questions? [email protected]
By popular demand... introducing Grant's "Invent With Me" Patreon.
-You may want to join if...
1. You have an invention idea but don't know where to go from here...
2. You need access to engineers, lawyers, inventors or manufacturers.
3. You need inspiration and weekly tips to bring your invention to the market and start making 7-figures from your idea.
https://patreon.com/InventWithMe?utm_...
Description:
🚀 Join Marcus and Grant on this week's episode of "Invent with Me" as they welcome special guest Terrence Kelleman, a serial inventor and branding maestro behind the DYNOMIGHTY brand. Terrence shares his incredible journey from navigating global sourcing challenges to overcoming family issues and battling copycats. Learn from Terrence's resilience and unwavering self-belief as he reveals the secrets to building a lasting brand and achieving success in the competitive world of invention.
🔍 Mastering the Art of Branding and Self-Belief:
Discover the power of branding and self-belief in bringing your inventions to market. Terrence's story is a testament to the resilience and creativity needed to succeed as an inventor. Gain insights into navigating challenges, embracing failures, and leveraging your positive outlook to create a brand that stands the test of time.
🛠️ Navigating Trials and Triumphs:
Terrence shares his trials and triumphs throughout his journey building the DYNOMIGHTY brand. From sourcing struggles to personal challenges, learn how Terrence overcame obstacles to carve a path to success. Get inspired by his resilience and determination to turn setbacks into opportunities.
💡 Insights for Aspiring Inventors and Entrepreneurs:
Take away invaluable insights from Terrence on inventing, selling online, and creating passive income. Whether you're just starting your invention journey or looking to scale your business, this episode is packed with practical advice and actionable strategies to help you succeed.
🌟 Believe in Your Invention, Create Wealth:
Terrence's story exemplifies the power of belief in one's products to create wealth and success. Learn how to harness your passion and creativity to turn your inventions into profitable ventures. Gain the confidence and knowledge you need to bring your ideas to life and make a lasting impact in the world of invention.
🎙️ Subscribe Now:
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Don't miss out on this inspiring episode of "Invent with Me" with Terrence Kelleman. Tune in now and embark on your own journey to invention success!
#InventWithMe #SerialInventor #BrandBuilding #SelfBelief #InventionSuccess #Entrepreneurship #PassiveIncome #WealthCreation #PodcastInsights #Invention

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26. The TikTok Ban and What it Means For Inventors

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How will the TikTok Ban shape the landscape for business owners? Is the TikTok ban even going to happen? How can inventors and business owners diversify their social media presence to be immune to the volatile social media platforms?
Questions? [email protected]
By popular demand... introducing Grant's "Invent With Me" Patreon.
-You may want to join if...
1. You have an invention idea but don't know where to go from here...
2. You need access to engineers, lawyers, inventors or manufacturers.
3. You need inspiration and weekly tips to bring your invention to the market and start making 7-figures from your idea.
https://patreon.com/InventWithMe?utm_...
The Invent With Me Podcast
⬇️Spotify
https://open.spotify.com/show/2YAZqvvTeQSj5wJkQxsAbU?si=7e7864f9fd1e4549
⬇️Apple
https://podcasts.apple.com/us/podcast/the-invent-with-me-podcast/id1676385606
The episode kicks off with Grant and Marcus reflecting on the recent developments surrounding TikTok. With rumors swirling about its potential ban, the hosts ponder the implications for businesses and content creators alike. Grant, the inventor of Torque Strap, and Marcus, his entrepreneurial counterpart, share their candid thoughts on the matter, setting the stage for a thought-provoking discussion.
Understanding the TikTok Saga;
Grant and Marcus delve into the intricacies of the TikTok saga, dissecting its origins and the political forces at play. From the controversial Protecting Americans from Foreign Adversary Controlled Applications Act to ByteDance's ownership, the hosts provide clarity on the complex landscape surrounding TikTok's future.
The Business of Social Media:
Drawing from their own experiences, Grant and Marcus shed light on the evolving nature of social media platforms and their impact on business strategies. Reflecting on their journey through platforms like Instagram, Facebook, YouTube, and TikTok, the hosts offer candid insights into the challenges and opportunities presented by each platform.
TikTok: A Double-Edged Sword;
Grant and Marcus reminisce about their initial foray into TikTok and the allure of its vast user base. While acknowledging its potential for business growth, they also highlight the platform's addictive nature and the pitfalls of excessive consumption. With a blend of humor and candor, the hosts share personal anecdotes and cautionary tales from their TikTok journey.
TikTok, with its staggering user base of 170 million, serves as a focal point of discussion. The hosts contemplate the platform's future amidst speculations about potential changes in algorithms or ownership. They draw parallels between TikTok's rise and the evolution of other social media giants like Facebook, suggesting that adaptation is inevitable in the competitive digital arena.
The conversation shifts to the intricate relationship between content creation and audience engagement. The hosts share personal anecdotes and insights, highlighting the nuanced strategies employ