30 days in the United States and 3 conclusions
Hello:
I really appreciate the comments you have sent me as a sign of affection after 4 Sundays without the usual email every weekend.
It's very rewarding!
I have taken these 4 Sundays to settle in Miami, the new port of Let's Prototype.
My wife is arriving soon and I had to have everything ready I haven't had a second to tell you.
Bluntly, after 30 days, I share with you the balance:
- 30 days
- 5 Events
- 10 Projects (Inventions) studied and budgeted
- 3 projects contracted and underway.
- 10 offices of intellectual property professionals visited.
I know, it's too early to draw conclusions.
For now, take it as evaluations:
- Our community of inventors is the milk: Everything I read about Spaniards who come to the United States is based on "the X reasons why Spain doesn't work."
Well, so far, from what I have been able to interact with Florida inventors, the Spanish ingenuity is top notch.
I want you to know, ideas like yours have a perfect fit in this market and are not solutions from the past at all.
2. We have plenty of passion but we lack determination: I have not seen inventors so in love with their idea and with as much enthusiasm as those I have met in Spain.
On the other hand, in Spain, the inventor takes a while to decide to manufacture his first prototype, after 3 months of receiving a quote from us.
ATTENTION to the data! 90 days to decide whether or not to pursue your own idea.
Here, at least with the first 3 clients, I confess that they have expressed less “passion” but a lot of determination.
There is no romance or time to waste! It fits or it doesn't fit.
They are clear that time is money and that either they do it or another inventor will do it in less time.
3. Respect for one's own time and, above all, that of others: I have been pleasantly surprised by the great respect people have for other people's time.
The 7 inventors who have not hired our services have opted for more established and well-known American suppliers. Also much more expensive
I can understand, we are the new ones.
But it is very notable that all of them, 100%, are working on their prototypes, in less than a month of having met them.
In our yard, 40% of the inventors who contact us, after obtaining a quote, find themselves in one of these situations:
- I don't have financing, so... I park it.
- I am looking for private investors.
- I'm not in a hurry, I'll do it when I can...
- I don't want to pay, I already had the idea, I just need someone who fits it.
Well... going out to look for professional services, allowing a technical team to spend between 5 and 8 hours analyzing your invention for free to prepare a serious and closed budget, knowing in advance that you are in any of these 4 scenarios, is not respecting the other people's time
I leave you a couple of notes that I am sure will make us have a much more serious and competitive community of inventors.
The prototype of an invention is not cheap and you have to finance it yourself. So, without hot cloths!
It is a very early stage and therefore you cannot expect any investor to fall on their knees in love with the great idea. This only happens in the movies.
Clear! Of course there's a rush!
There is a market to serve and you have to have the ambition to make your idea count.
No distributor, trademark or manufacturer is going to pay attention to you because you have a Utility Model title, which, by the way, does not exist here, nor is it known, nor does it protect you, we will talk about that.
I hope next Sundays I can be systematic with sending the advice.
Remember that if you want to share one with the community, you just have to send it to me.
We are helping an inventor introduce his product to this market. If you think I can be useful to you in any way, I will be happy to assist you.
Remember... With these tips, I don't intend to sell you anything.
I am only fulfilling my commitment to support our community of inventors. Of which 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)
- Propiedades y tipos de materiales para desarrollar productos. - November 25, 2024
- Plan de empresa. Tipos y estructura. - November 24, 2024
- Ventajas competitivas de los produtos innovadores - November 15, 2024