Past Speaker – Rodolfo Novarini of Founders Institute

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founder-institute-logoOn Saturday 10/14/17, The Inventors Society of South Florida had Rodolfo Novarini of the  Founders Institute give us a presentation on his organization. They have a 13 week intensive course that brings you from an idea to a fully functioning start up. Here is a link to their website https://fi.co/s/south_florida and here is a link to his slide presentation 

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Past Speaker – Mike Lingle – Developing a Strong Pitch

Mike Lingle Invention Pitcher

Pitch Deck Roadmap

Everybody knows that I have been stressing the importance of pitching your project and that you must tailor your pitch to the expected audience. Investors could care less about your product. They want verifiable financials and proof that you are capable of bringing home the bacon. On the other hand, consumers want to see the value in what they are receiving. Retailers, DRTV companies, potential licensees, etc, are all looking for specific details as well as some general information. How in the world are you suppose to put all this information together ???

Mike Lingle Invention PitcherMike Lingle of www.10xu.com is not only going to tell you how to develop a strong pitch, he is going to show you where to find those elusive facts that will lead you to realistic projections and ways to evaluate your project so you can eliminate its’ short comings while professing its’ virtues.

I go to a lot of pitch events and get tons of pitches by email. One thing most of them have in common are totally unbelievable financials and by that I mean Totally Unbelievable. Where do they come up with these numbers ?

After being completely frustrated and disheartened by reading, yet another, proposal where an investment of two million dollars would miraculously turn into five million the first year and continue to grow exponentially over the next ten that, out of the blue, I ran across Mike and his organization.

I was blown away by all the down to earth information, logical procedures and common sense approach they have to building realistic projections into a pitch that would get the results we all dream of. Over the years, Mike has helped raise millions of dollars for both his own and other founders start ups during which he developed the Six Pillars For Start Up Success.

Now he is going to share his insights with us. It is almost a no brainer for those who understand the concepts, define their parameters, implement the procedures and follow though, that they will have the best possible chance of success.

 

Meeting Handout

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Past Speaker – Free CAD Program

Speaker For The November 11, 2017 Meeting

FREE CAD Program

emachineshop-logoWhat could be better than that?!? I’ll tell you, a FREE CAD program that is easy to use with very simple tutorials that actually work and, here comes the best part, it will give you pricing for the part you just created, on the fly. You can even order it right then and there.

I mean… what more could you ask for? I know, I know, a unit that could capture the vision in your head and do all the work for you. Inventors! Always looking for the easy way out. Well, this is as good as it gets.
How do I know? I tried it out for myself. At first, it appears deceptively simple and I thought how could you get complicated shapes with so few tools but that’s the beauty of this program. By mastering just a few simple tools, in no time, you can draw just about anything you want.

Let’s face it, everyone serious about inventing needs to learn CAD. Sure, you can sketch something out on a napkin and bring it to a professional. Then spend hours ($) playing with it, refining it, blowing your entire budget before you get it right OR you can spend some time learning this new skill then spend as much time as you need to perfect and produce your product.

eMachineShop.com will be giving us a LIVE demonstration via Skype. Their presentation will include some basics to get you started then some more advanced techniques to give you an idea of the things you can do with the software as well as the services they provide which are quite extensive. They do everything from Rapid Prototyping through machining, various types of cutting, injection molding to full production runs.

To take full advantage of this presentation, I suggest that you go to www.eMachineShop.com and download the software Right Now. Go through some of the tutorials and start working with the software. So when you come to the meeting you will have your questions ready.

I can almost guarantee that once you start working with this program your life will change because You will be able to take your vision and bring it to life right before your eyes. There is no greater motivation than that.

To start this Life Changing Experience of turning your vision into reality come to LIGI Tool & Engineering, Inc. (3220 SW 15th Street Deerfield Beach, FL 33442) at 1:00 pm on Saturday 9/9/17 and learn what eMachineShop can do for you. Doors open at 12:30pm.

An event hosted by the Inventors Society of South Florida, a 501 (C) 3 non-profit educational organization.

For more information go to our website www.inventorssociety.net or call 561-676-5677.

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Past Speaker – Harvey Padden – Troble Maker Makes a Fortune

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harvey-paddenLet’s face it, truly creative people have a hard time fitting in the corporate world. When a visionary sees an opportunity for improvement they just can’t help themselves. They have to bring it to the attention of their superiors. Who, instead of taking it under consideration and complimenting the initiative, usually condemn the concept as an intrusion by saying, “Keep your nose out of that” or worst case scenario, remove the Trouble Maker.

Alas, such was Harvey Padden‘s case when he got his first few jobs out of college. They could see he was brilliant but he was cursed with the ability of seeing the whole picture. Not only that, he wasn’t much for theoretical conversations. When he got an idea, he sat down at a work bench and started putting things together.

Eventually, he realized that he needed to be in his own business. In charge of his own life. So he found his niche and he was Very successful at it, creating and modifying measuring devices for industry.

You see, not every invention has to be a consumer product. Quite often, there is more money in the Business to Business ( B to B ) market. However, the steps to success and the work involved are basically the same.

Mr. Padden is the consummate inventor. When we sat down to discuss his presentation I was enthralled, story after story, by the way his mind works. There is an intensity there that I have seen in many successful professional inventors as well as those just starting out.

There is also the calculated risk taker, that is the corner stone of every successful entrepreneur and nose to the grindstone determination necessary to run your own business.

When he asked me if the group would be interested in his story, I emphatically responded, “Absolutely, I have been looking for someone like you for quite some time”. No matter what industry you are working in, no matter what type of invention or inventions you have, we can all learn a lot from this man.

Meeting Handout

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Past Speaker – Miriam Richter – Trademarks, Copyrights and more

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Speaker for the July 8th MeetingSpeaker for the July 8th Meeting

Make Your Mark! ® (Or How to Avoid Trouble With Trademarks)

richter-logo-from-website“What is in a name…wouldn’t a rose by any other name smell as sweet?” Maybe…but a strong registered trademarked name can outlive the patented product and in some cases be more lucrative than the patent itself.

There are highly sophisticated strategies that need to be considered when choosing a mark and it takes a well trained, experienced professional who is passionate about the subject to bring your attention to these matters.

Miriam Richter of www.richtertrademarks.com is such a person, devoted to Trademarks, Copyrights and other Intellectual Property Matters. I was extremely impressed with her resume. From the beginning of her academic pursuits and throughout her developing interests, she has achieved honors at every University she has attended.

Her professional career begins in medical research and teaching. Her medical background, led to an interest in the legal profession while working in the insurance industry, which in turn led her to Intellectual Property Law.

Here is a woman with the intelligence and knowledge to research any subject (as evident by her many academic accolades) and the ability to share what she has learned as a teacher. You will never look at a name the same way again, as she will cover the subject from;

  • The various types of trademarks, why you would consider using them and the strengths of each.
  • Your initial TESS search, what to look for, is it Dead or Alive.
  • The Examination Process, what they are looking for.
  • The all important USE
  • Rejection and how to handle it.

I had to convince Ms. Richter to add the last bullet after she wrote back to me “…a properly researched and filed trademark shouldn’t be rejected.”  It was quite obvious to me the type of perfectionist and professional she is. We are very lucky to have her speak to us.

This is an extremely serious subject that you must know about. So under no circumstance should you miss this meeting, which will be hosted by the Inventors Society of South Florida (a non-profit educational organization) at 1:00 pm on Saturday 7/8/17 at the LIGI Tool & Engineering, Inc. (3220 SW 15th Street Deerfield Beach, Fl  33442.

Meeting Handout

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Past Speaker – Christian Lovrecich of Nitro Displays

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Speaker For The June 10th, 2017 Meeting:
Christian Lovrecich of Nitro Displays

Stand Up, Stand Out To Make $

nitrodisplays-logoAs a kid, I spent a lot of time on the boardwalk of a “Carney Town” on the New Jersey shore called Seaside Heights. I even tried my hand at “Barking The Stands” shouting stuff like, “Everyone’s a Winner” “Best Prizes On The Boardwalk”. What I learned was the best barkers got the biggest crowds which attracted even bigger crowds. This was also the secret to success for anyone in the advertizing business and for that matter Any Business.

Basically, business is not for the timid. You’ve got to Stand Up and Stand Out to grab your potential customer’s interest. Probably the best pitchman of all times, Billy Mays, of OxiClean fame proudly proclaimed that he learned his craft Barking the Stands at Seaside Heights, NJ.

So what does this have to do with inventing? Everything !!! Thomas Edison was known by his contemporaries as more of a huckster than an inventor. So how do you begin to make some noise about your product?  One of the first places is usually trade shows, home shows, Expos and the like. Here your booth dressing is crucial to getting noticed, it has to give a big Billy Mays Shout out to the people passing by or they will just pass you by.

Christian Lovrecich of Nitro Displays http://www.nitrodisplays.com/ is going to show you what works and what doesn’t as well as how to get the most bang for your booth dressing buck. You will be surprised at how little it can cost to look professional. If you haven’t really thought about this subject before, you are simply not going to believe all the options you have. This is going to be a journey into another world for the uninitiated.

But Wait … There’s More …

Christian is also the Master of FaceBook and has recently opened another business called Lovrecich Media www.facebook.com/LovrecichMedia/  It is like a blog where he answers questions and gives extraordinary tips on how to use FaceBook to raise awareness about your project and drive traffic to your website. On top of that, you don’t have to pay an extra  shipping and handling charge because you are there already.

So if you are serious about making some serious money with your inventions then I seriously suggest you make a serious effort to come to LIGI Tool & Engineering, Inc. (3220 SW 15th Street Deerfield Beach, FL  33442) at 1:00 pm on Saturday 6/10/17 to learn how to make a serious impact on your market. Seriously !

Meeting Handout

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Past Speaker – Janice Haley

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Inventor University

Janice-Haley-PictureDue to the wealth of knowledge you are going to get at this meeting I couldn’t think of anything else to call it. Other inventors will share some stories, some tips maybe some inside information but what Janice Haley has planned for you is to fill your brain with all the knowledge she has gained over the past 5 or 6 years going from a rank beginner to a successful inventor with major opportunities exploding all around her all the time now. A true “Over Night Sensation” (only a life time in the making).

To be fair, when she and her husband Steve joined our group they were already successful entrepreneurs. They created the metabolic thermogenesis power drink, Celsius which they took public and sold for a very nice, yet undisclosed, price. You can learn more about that product here https://www.celsius.com/.

One thing that I find incredible about most of the wildly successful inventors that I meet is the kindness and compassion they show to beginning inventors. Janice and Steve are at the top of that list too. When we spoke about their presentation, Janice wanted to answer every question they had when they were starting out and much, much more.

toneybands-action-blackFor example, I mentioned we just had a pitch event and she enthusiastically responded with, “Yes, yes every pitch is extremely important and you don’t give the same pitch to an investor as you would a retailer. I will do a segment on pitches”. At that point, we decided she would need the entire meeting to get through all the material she wants to cover.

We are hoping Steve can make the meeting as well to answer some of the questions relating to some of the technical areas he takes care of but with everything popping everywhere this may not be feasible. We will be keeping you posted as things develop.

Their product Tone-y-Bands http://www.toneybands.com is a simple yet elegant extremely useful product. In essence , it is a very comfortable weighted wrist band that you can add to your regular exercise or dance program to tone your arms quicker. Steve mentioned he first started using it to tone his arms while doing ordinary tasks around the house like putting groceries away.

Meeting Handout

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Past Speaker – Tax Care Inc.

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Speaker for the April 8th Meeting

Get’n Down To Business

tax-care-pictureI don’t care where you are in the process of making your millions, at some point and that point comes quicker than you realize, you are going to have to determine what type of business entity you will need to become. You will need to know how to structure your company to avoid being over taxed. This is extremely important !

Not that we mind paying our fair share but the bigger the share we retain the bigger our company can grow and the better it is for the economy in general. Think about it, as our companies grow our shipping needs grow which means more people getting a salary to expedite our goods, we need more employees who then have added disposable income, we need bigger and better vacations to recharge our creative energy and just think how many people that can employ.

By all means, it is our civic duty to keep as much of our money as we can for the good of our nation, heck, for the good of the World! Don’t just selfishly sit back and let the government quietly absorb vast quantities of your income. Take Action! Learn how to retain as much as you can so you can distribute it wisely and to your advantage for things You Want ! After all it is your money.

Tax Care Inc. http://www.taxcareinc.com/ is The company that can help you do just that. They will take us on a journey through the wilderness of Tax Entities. Do you know:

  • the difference between or more importantly the advantages of being a Sole Proprietor , LLC, S Corp or full Corporation?
  • what piercing the corporate veil means?
  • how each can affect your insurance issues?
  • that you can actually start retaining more of your income Right Now?

All this business nonsense may seem too complicated to understand or you may feel like, “I really don’t care. This is my accountant’s job”. Well, I kind of felt that way when I started my electrical contracting business some 30 years ago. I was interested but felt I hired a good accountant and they are taking care of it, WRONG! I later found out, at times, I was losing as much as 20%. That’s twenty bucks out of every hundred I brought in ! That Ba….d accountant.

Business is the business of making money but it is also about keeping as much of it as you can.

Meeting Handout

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Past Speaker – Bob Oros

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Speaker for the March 11th Meeting

The Company Man

Licensing to Corporations, Dos and Don’ts

bob-oros-speakerBob Oros of Business Developement Resources www.bdrinovate.com truly knows the ins and outs of working with corporations better than anyone else I know. After all, he worked for major corporations marketing and developing over-the-counter products, foods and beverages, pet foods, packaging and confections with such companies as Vick Chemical, Ralston Purina, the Pillsbury Company, American Can and Life Savers for more years than he will admit to.

In 1980 he organized and managed the new products group within Marketing Corporation of America, a consulting company based in Westport, CT, assisting corporations identify and qualify strategic growth initiatives and development programs.

In 1983 he founded Business Development Resources, a marketing consultancy specializing in new business and new product development and innovation. BDR’s client roster is “bipolar” with corporate clients on one end and inventors and entrepreneurs on the other. Domino’s Pizza “Heat Wave” delivery bag and PM Wonderful Pomegranate Juice are two projects in which the company played a major role from inception through strategic development. The Company also played the leading role in the license and sale of Isomalt®, a proprietary sugar substitute from Palatinit Gmbh (Sudzucker) in Mannheim, Germany, to major USA companies.  

What he will do for you is give you the insight he has learned from all his years of working inside this industry. This will be a no holds barred, slap in the face, reality check on how to get your product licensed to real corporations.

This IS the elusive dream of just about every Independent Inventor. Well … here is your chance to learn how to turn that dream into a reality. OK, the real dream may be to be sitting on the beach sipping pina coladas for the rest of your life with royalty checks flowing endlessly into your mailbox.

BOB OROS POWERPOINT PRESENTATION:

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Past Speaker – Mary Lou Green

Dennis and Mary Lou Green head shot

Retail Geniuses: Dennis & Mary Lou Green
Coming To You LIVE via Skype

Dennis and Mary Lou Green head shotDennis and Mary Lou Green are an incredible couple living the life so many of us dream of. They have mastered the art of selling their products to large retail chain stores and QVC. They have made millions, sold their business then prepared to sit back and enjoy their wealth.

Sure, that may be the dream but we all know that any high octane personality will Not be satisfied just sitting back and enjoying their wealth. Let alone, this dynamic couple. I mean, after inventing more than 50 simple products with sales exceeding $120 million, taking up golf full-time is not an option. You just can’t turn that light bulb off.

So they have embarked on a new journey from which we can all benefit. They have decided to share the knowledge they gained from the college of hard knocks with everyone who can use it and, let me tell you, we can Use It !

A few months back, I told you all about their book “Shark Pitch, How to Make a Retail Shark Sit Up and Beg To Buy Your Product” which is a short (only 142 pages) information packed treatment of everything you ever wanted to know, along with a number of issues you never thought of on your own, regarding selling to our collective Holy Grail, retail giants.

I also told you about their website www.bigideaschool.com and the FREE ebook “27 Questions Every Entrepreneur Must Answer, Before Launching A New Product”. Obviously, they have attacked their new mission of enlightening the masses with the same vigor that insured their success and made them a model for the rest of us. They will also be offering another special secret FREE bonus worth almost $400.00 to all who attend this meeting. They simply Love inventors and are dedicated to your success.

Whether you intend to license your product or sell it yourself, the bottom line that every gatekeeper wants to know is how you will get a retailer to take something that is already making them money, off the shelf to make room for your product. THIS … is how you do it.

As you will see, Mary Lou is such a warm, kind, sharing individual and yet the consummate professional who desperately wanted to help our members but was too busy helping her mom to make the trip out here from sunny California that I decided to do whatever it took to bring the “Mountain to Mohamed” by way of Skype. Yes, I have been working feverously behind the scenes to make this happen and it will.

Meeting Handout

 

 

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