Paco failed to hire a large factory for his first prototype.
Hi, there:
99.9% of the inventors I talk to can spend hours telling me about their inventions inventos.
And they throw them away.
While the conversation turns on: how to get to the functions of the inventionsensors, resistors and microprocessors... it is a pleasure to listen to them and get into the GARLIC.
What is surprising, and worrying at the same time, is the funeral atmosphere that is generated by asking:
Who is worth your invention??
My friend, I'm sure you see it as a no-brainer. I guarantee you, it's not.
Most Inventors, are much more concerned with getting no one to copy them than with proving whether your invention? it's worth it to someone.
Think about it for a minute.
How many Inventors Do you know that they spend € 1000 when they have an idea, to get some indication that shows that their idea or invention will be valued by their potential customers?
Let me guess... ZERO.
How many do you know who spend a couple of thousand euros, to obtain the famous "utility model"?
This, friend, is to start the house by the roof.
The great idea has value, depending on the real possibilities of becoming a business.
It is not true that big industry and patent buyers are going to knock on your door because of the "big idea" and how well written your idea is. Utility Model.
That's story!
Attencion, there are dozens of companies in the market that rely on your fear to take you down a path, which ends at the starting point:
"I have a great invention but I have no investment to carry it out."
Friend, take note of these conclusions and you will alleviate the risks:
1. Miracles do not exist.
If you are not willing to invest to develop the invention, materialize it and show it, do not invest in anything. Friend, nothing is nothing, because trying to catch shortcuts will only take you to the beginning of the road but with a couple of thousand euros less.
2. Paper is not worth a penny.
Do not pretend to go to the market to sell your idea in the form of a Utility Model. It is a dead end, you will waste your time and your money. It is true that it seems a faster and cheaper way, but in that, friend, there are no shortcuts either.
3. The formula for success is: 100€ x 1€.
For every euro you invest in protecting your invention, invest €100 in proving that your invention is worth to someone.
To do this, you will have to manufacture a working prototype and subject it to some commercial tests.
Next Sunday... ATTENTION! I will reveal the method we use in Prototécnica to define the requirements of an invention.
It is a method that allows us to innovate in "product" without losing sight of the "business" opportunity »
Remember... With these tips, I don't intend to sell you anything.
I already got into your head that you're a tough nut to crack.
Only with my commitment to support our community of inventors. Of which you, you are part.
Warm regards
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Business Director - Inventors' Advisor at Let´s Prototype
Erick Remedios has been linked to entrepreneurship and the launch of innovative projects and inventions for over a decade. His start in the entrepreneurship sector began as the Project Management Director at the network of Private Investors, Business In Fact, S.A., a club of private investors specialized in high-risk investments, which he ended up managing as General Director for at least 5 years.
As the director of the Private Investors network specialized in innovative projects in the startup phase, Erick Remedios participated in more than 40 investment operations, with his main functions being: advising entrepreneurs and inventors, as well as private investors interested in investing in such projects.
Erick Remedios has been one of the influential figures in the development of the ecosystem of entrepreneurs and private investors in Spain. Since 2012, he has participated in numerous private investment forums, has advised entrepreneurial projects as a member of their Boards of Directors, and has served as a lecturer in numerous Public and private Universities, specialized public centers in entrepreneurship, and internationally leading business schools, such as It Aérea Business School, where he leads the management of the Business Model Design Module for entrepreneurs, mostly Aerospace Engineering graduates.
Specialized Centers in Entrepreneurship and the Launch of Innovative Projects where Erick Remedios has participated:
- Direction of the Program - Sanse Emprende from the City Council of San Sebastián de los Reyes, Madrid.
- Direction of the Espoban Program – Diputación de Córdoba and European Center for Business Innovation. Training of entrepreneurs and inventors and preparing them to attract capital through private investors.
- Speaker on the subject of launching innovative projects at Universities such as: Pablo Olavide, University of Seville, University of Málaga, University of Cádiz, University of Huelva, University of Almería, University of Jaen, University of Granada.
- Direction of the Entrepreneurship Module – IT Aérea Business School.
- ENyD Business School: Professor and lecturer in the area of Entrepreneurship and Private Investment.
- Avanza Castellón - Mentor of entrepreneurs and inventors in the program of the Diputación de Castellón.
- Ávila Emprende – Program of the City Council of Ávila. Mentor of entrepreneurs in sales processes and product development.
- Aula UGR- Professor of entrepreneurship and management of launching innovative projects in programs aimed at training teachers from the University of Granada.
- Master Up - Professor of entrepreneurship and investment management in the Official Master's for entrepreneurs from the University of Cadiz.
At the same time, numerous companies have signed Erick Remedios as an advisor and member of their Board of Directors, companies in which Mr. Remedios has also acted as the representative of the private investors who have placed their trust and economic resources, including:
- Tu Fabrica de Eventos
- Baby Radio
- Graffos
- Neurobia Research
- HitsBook
- Bit Credit
- Glelemo
Currently, Mr. Remedios is leading the international expansion of Let´s Prototype in the United States, while also advising inventors on startup processes for projects related to innovative Hardware or Software elements, both in terms of product design, a specialty of Let´s Prototype, and in terms of designing strategies for selling inventions and patents.
Interviews with Mr. Remedios and publications authored by him in Media:
- School of Business and Management: [Link](https://www.youtube.com/watch?v=ch3nRTFvxhw)
- Diputación de Córdoba. Training for Investors: [Link](https://www.youtube.com/watch?v=Cj2fvxkD-zI)
- Spanish Television - Program Emprende: [Link](https://www.youtube.com/watch?v=vZRi98CE20M)
- TV2 - Spanish Television: [Link](https://www.youtube.com/watch?v=ms22bxyllKc)
- University of Cadiz: Article for Inventors: [Link](https://emprendedores.uca.es/lean-prototyping-el-puente-entre-el-concepto-el-prototipo-y-las-patentes/)
- University of Granada: Article for Inventors: [Link](https://ugremprendedora.ugr.es/6-tips-para-convertir-tu-idea-o-concepto-en-prototipo-lean-prototyping/)
Latest posts by Erick Remedios (see all)
- Ventajas competitivas de los produtos innovadores - November 15, 2024
- Tipos de negocios rentables para emprender en USA - October 1, 2024
- Best 3D printing firms - August 28, 2024