At a time when the world is adjusting to the ‘new normal’, many people are putting their minds to good use by creating innovative ideas!In fact, the rate at which new products with extraordinary potential are being launched is overwhelming.Take, for instance, the next-gen comprehensive sanitization set-up, the MXB S3 Sterilisable Sanitising Station that was recently introduced by a Derry-based company, Pakflatt. While most store shelves are emptied out of sanitizers, this…

Those who say that a good product raises funds based on its sheer novelty and brilliance are….SO WRONG!But don’t worry, there are several helpful resources available to you and here are at least three effective options for you to consider:Vendor Financing Vendor Financing can be utilized much the barter system… an old method of exchange. This system has been used for centuries and long before money was invented. People exchanged services and goods for other…

As entrepreneurs, it’s hammered into our heads that the customer is the judge and the jury, and we should walk to the sun and back to serve their needs!And…If you don’t heed their demands, then how can you expect to survive in the hyper-competitive market?But have you ever entertained the idea that the customer might not always be right? If you haven’t, now is the time you give it some thought!Example: you have built a sleek movie streaming app that offers users the…

Want to offer your brilliant ideas to a Fortune 500 company for the potential of licensing it? Then perhaps this is for you!Here are at least 5 key benefits to licensing great products… Create opportunity for passive income Reduce financial risks Great tool to access entry and gain market presence in various markets Could help deter potential and costly lawsuits Offers access to a number of resources Even the best and…

Why is it that many people say….Licensing your Invention can be Easier than Venturing on your own?Well, if you are asking yourself the same question, you’re not alone! Having a creative idea ah-ha moment or a sketch on a napkin idea is one thing but… Turning your great ideas into a market viable product that has licensing potential, is a whole new ballgame altogether. After all, a lot goes into making your invention idea into a market viable…