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Successful Inventpreneurs

Sara Blakely

 
 

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Breaking the 2% Barrier!

Inventors Resource

The 5 Second Inventor by Kenneth Chuah

Chapter Outline

Introduction

Chapter 1—Getting into the Game
This chapter introduces the reader to the goals and trials of entrepreneurship, provides information on how to execute the start-up phase of a new business, and outlines entrepreneurial alternatives to self-production

  • Put Your Dream into Action
  • Start-up Phase
  • Sell Your Innovative Product
  • Other Alternative: Sell the Manufacturer’s Product

Chapter 2—The Wake-Up Call: Market Research
This chapter outlines several different ways to conduct market research for a product and explains the purpose and meaning of the gathered data.

  • Competition
  • Marketability
  • Profit Potential
  • Target Market
  • An Approach to Conducting Exceptional Marketing Research
  • Tools for Conducting Exceptional Market Research
  • Interactive Web Tools
  • People to People

Chapter 3—Create Your Protective Shield
Patents are vital for protecting intellectual property, but not every idea needs, or is even applicable for, a patent. Chapter 3 gives the process for obtaining a patent and the reasons why a patent isn’t right for every product.

  • The Value of Intellectual Property
  • Types of Protective Shields
  • Patentability? Will Your Invention Pass the “Scissors” of the USPTO Examiner?

Chapter 4—Idea to Product
A prototype is vital for gathering data on a product’s public reception or testing for flaws before production. This chapter discusses various ways of obtaining a product as well as packaging options for optimum protection and aesthetic design.

  • Design Drawing
  • Prototyping
  • Who needs a prototype?
  • Methods of Product Prototyping
  • Homemade Prototype
  • Presentation Prototype
  • Pre-production Prototype
  • What to do when you receive your prototype
  • Packaging
  • Designing Your Packaging
  • Use a Professional
  • Go It Alone
  • Fair Packaging and Labeling Act
  • The Importance of Protective Packaging
  • The Magic of Color
  • Color Psychology
  • The Pantone® Color System and PMS colors

Chapter 5—Finding Your Manufacturing Partner Overseas
Chapter 5 gives a process for searching overseas manufacturers, including tips for attending foreign trade shows and successfully working with translators.

  • Why China?
  • Beginning Your Search
  • During the Search

Chapter 6—Identify the Right Players
Chapter 6 is the “screening test,” ways to assure that an manufacturer is a valid business while avoiding the time and expense of flying overseas to visit their factories. These tests are applicable to US businesses as well as overseas businesses.

  • Narrowing the Playing Field
  • Getting Serious with Your Finalists

Chapter 7—The Art of Doing Business in China
Dealing with another culture can be a trying experience. In this chapter, I give tips for Americans interacting with Chinese businessmen, including but not limited to etiquette of greeting, dining customs, and presenting company gifts.

Chapter 8—Your Product Distribution Channels
Once a product is manufactured, the retailer hierarchy system limits the range of stores it can successfully be sold in. A high-end department store will not carry a product if it is also sold at dollar stores. This chapter discusses sales, pricing, and how to pick retailers for a product.

  • Distribution Channels
  • Sales Representatives
  • Distributors
  • Retailers
  • Pricing

Chapter 9—Get the Word Out
Proper advertising goes a long way in boosting product sales. Chapter 9 discusses outlets for marketing in various types of media.

  • Marketing Campaigns

Chapter 10—Boot Camp
Sometimes entrepreneurs must prepare their businesses like a general prepares for battle. This chapter gives a “boot camp” with terminology, strategies, and expectations for importing products.

  • The Marketplace is a Battlefield

Chapter 11—Become a Bootstrap Winner
With the idea covered from conception to marketing, Chapter 11 gives some final advice and encouragement for the avid entrepreneur.

 

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