Quotables (for those who don't want to read through the entire link):
"I filled my first patent at the age of 19 and I've been inventing for 35+ years since."
"Some of my inventions were designed to help people and they also made money. An invention that helps people, but losses money, is not sustainable. Such things fail quickly."
"I go to conferences around America in many different fields. There I just step up to people and ask them what problems they have, and what would they pay for a solution."
"I tried going straight into business, but it was a failure. The ability to invent useful technologies was not enough to be successful. How to monetize a technology is the truly hard part of inventing. An invention that can not be sold is useless as a technology. After I went into industry for a few years and figured out how to do that, it was smooth sailing."
"The time required to invent something is actually quite complex. Most of the time is used to actually identify the question or to define the problem. In most cases, one can not invent the answer because the problem is posed in a manner where there is no invention. When you rephrase the character of the problem, the invent pops out almost immediately. The people who have the problem usually "lie" It is not that they are bad and lying. The problem is that they look at the problem in a manner that can not be resolved or in some cases they can not find the problem. They can not tell you the real problem so they mislead you. Your job is to look at the situation and find the hidden problem -- which is the real opportunity. Once this is identified, the invention is just a few minutes away."
IAmA serial inventor with 120+ patents to my name. I've started dozens of successful businesses from my inventions. AMAA : IAmA
"I filled my first patent at the age of 19 and I've been inventing for 35+ years since."
"Some of my inventions were designed to help people and they also made money. An invention that helps people, but losses money, is not sustainable. Such things fail quickly."
"I go to conferences around America in many different fields. There I just step up to people and ask them what problems they have, and what would they pay for a solution."
"I tried going straight into business, but it was a failure. The ability to invent useful technologies was not enough to be successful. How to monetize a technology is the truly hard part of inventing. An invention that can not be sold is useless as a technology. After I went into industry for a few years and figured out how to do that, it was smooth sailing."
"The time required to invent something is actually quite complex. Most of the time is used to actually identify the question or to define the problem. In most cases, one can not invent the answer because the problem is posed in a manner where there is no invention. When you rephrase the character of the problem, the invent pops out almost immediately. The people who have the problem usually "lie" It is not that they are bad and lying. The problem is that they look at the problem in a manner that can not be resolved or in some cases they can not find the problem. They can not tell you the real problem so they mislead you. Your job is to look at the situation and find the hidden problem -- which is the real opportunity. Once this is identified, the invention is just a few minutes away."
IAmA serial inventor with 120+ patents to my name. I've started dozens of successful businesses from my inventions. AMAA : IAmA
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today