Preparation is Key; Inventors Launchpad Discusses Why You Must Be Prepared Before You Move Forward With Your Idea

Inventors Launchpad
Licensing Your Big Idea
November 27, 2017
18057094_10155537881823268_1567376625335511073_n
You Have a Great Product Idea, Now What’s The Best Way to Get to Market?
December 6, 2017

The Inventors Launchpad – Roadmap to Success Series is presented by Inventors Launchpad in beautiful Tampa Bay, FL and hosted by Carmine Denisco. Carmine is an accomplished Author, Entrepreneur, Inventor and Co-founder/Managing Partner of Inventors Launchpad. Along with his business partner Rick Valderrama has changed the face of the invention industry and look forward to helping inventors from all over the world move their ideas forward. For more information please visit www.inventorslaunchpad.com

Watch the podcast here!

 

Podcast Notes

1YouTube generated podcast notes, please excuse any typos.
0:01
hi everyone and welcome to the
0:04
inventor's Launchpad Network I am Colin
0:06
Dennis co your host for today's show the
0:10
inventors Launchpad with me I have an
0:13
expert in the field of customer service
0:16
I brought her on because she fields a
0:19
lot of questions she talks to a lot of
0:20
would-be inventors and actually
0:23
inventors that have some great
0:24
experience and I wanted to get her on to
0:26
get some frequently asked questions
0:28
answered and also feel out what an
0:32
inventor should do when they first have
0:34
that great idea
0:36
her name is Sarina Valderrama and she is
0:39
the director of customer service from
0:42
inventors Launchpad hey Sarina can you
0:44
hear me hi yes I can hear you just fine
0:47
oh good good you're you sound pretty
0:49
good and I'm glad you were able to get a
0:51
few minutes to be on the show today you
0:53
know before we started the show we
0:55
talked a little bit about what your role
0:58
is at inventors launchpad and I know you
1:01
downplay it a little bit but it is
1:03
pretty much one of the most important
1:05
functions because having an inventor
1:07
when they're first calling you for some
1:10
help you know what are you kind of and
1:13
you know we talked about this before the
1:14
show what are you what are you getting
1:16
from the inventor are they happy sad
1:18
glad nervous when they're first calling
1:21
you well it's usually one or two usually
1:24
if it's a new adventure that they just
1:26
came up with an idea and they haven't
1:28
really to try to take it to market yet
1:29
they're normally very excited and and
1:32
ready to start the process and then
1:36
there's another type of inventor people
1:38
that have been doing it for awhile and
1:40
they seem pretty discouraged and stuff
1:42
that they feel like their product hasn't
1:45
been getting the recognition that they
1:47
think it deserves so it's usually one or
1:49
the other you're kind of right on the
1:53
front lines and you know we're we're
1:56
here in the back you know we're making
1:58
the products we're doing the paperwork
1:59
and things in that sense and and being
2:01
on the front lines I know that sometimes
2:03
I I said sometimes walk by your office
2:05
and I hear you on the phone and you know
2:07
you are trying to comfort the inventor
2:10
is in some way or you know help them
2:13
along and I know
2:14
many inventors or many times that you
2:16
you even turn away not only from other
2:18
services or from our services because
2:21
either they're just not ready they're
2:24
not prepared or they just don't have the
2:26
knowledge of what they want to do with
2:28
the information that you're gonna
2:29
provide them you know and and what I
2:33
hear you say a lot and what we've talked
2:35
a lot about is when they are going to
2:37
take a step with their invention you
2:40
know what is it that they should really
2:42
think about when they're gonna move
2:44
forward with their idea well I think
2:46
that the first thing that any adventurer
2:48
should do is come up with a plan of what
2:50
exactly a goal way exactly they want if
2:53
they want licensing if they want it to
2:56
be their business or whatever they want
2:59
they need to know from from the get-go
3:01
to figure out which way they want to go
3:03
if they want to get it licensed and they
3:05
should be focusing on getting a product
3:08
and showing it to specific types of
3:09
people and then if they are looking for
3:11
it to be a business then they might want
3:13
to go in a bit a different direction so
3:15
I just think it's very important that
3:16
they know exactly what they want before
3:18
they start investing money people come
3:20
they haven't done anything they haven't
3:22
even left on the market to see if their
3:24
products there but they already have a
3:25
patent I just don't think that really
3:27
makes any sense to put money into it
3:30
before you really know what exactly you
3:32
want to do is that kind of a common
3:34
theme that an inventor comes to you and
3:39
I know that again it's it's something
3:41
that happens is that they believe they
3:44
know that first step where they need
3:45
believe they know that next step and and
3:47
they go out and and they get a patent
3:51
which it's pretty costly is there is
3:53
there an easier step or something that
3:55
you would recommend they do before they
3:58
do before they go go out and talk to a
4:00
patent attorney well I think that the
4:03
Internet is a beautiful thing you can go
4:05
on their Google and search start
4:09
researching not specifically your
4:11
product necessarily products that have
4:13
to do with it and see if you see
4:14
anything that relates or it's similar
4:16
and make sure that you're not moving
4:18
forward with the product that is already
4:20
on the market or because if you go to a
4:22
patent attorney the first thing they're
4:24
going to do is tell you that you need a
4:25
patent and that's not necessarily
4:27
case all the time so I think it's
4:29
important to do your own research before
4:31
you go and speak to someone that could
4:34
potentially make money off of you so I
4:36
think that's important exactly it and
4:38
the thing about it is and I know we
4:40
talked about this arena is that a patent
4:42
attorney they're not bad guys you're not
4:43
saying anything wrong with a patent
4:45
attorney but if you bring your product
4:47
into a patent attorneys office and you
4:48
ask them hey what's the best way to
4:50
protect this you know it says it's his
4:52
duty it's his job to tell you that a
4:54
patent is the best way to protect your
4:57
idea it's just it that it may and what
4:59
Serena's saying is it may not be right
5:02
at that time at that step in the process
5:04
you know and and again because patents
5:08
and and serene and I talk about this is
5:09
it's an expensive step so you don't want
5:13
to take that expensive step unless you
5:15
know or have the ability to move your
5:16
product forward I mean how many times
5:18
sarena have you heard or you know what
5:20
is some of the some of the stories you
5:22
hear about people that have patents and
5:24
really haven't haven't been able to move
5:26
them forward or how many time is there a
5:28
change to that idea well it's it's
5:31
honestly really really sad when I get on
5:33
the phone with people that have spent
5:34
over ten thousand dollars and they have
5:36
nothing in their hand when they could
5:40
potentially have some type of inventory
5:43
even if it's just a hundred five hundred
5:47
products at least they have something in
5:49
hand that they could be showing people
5:51
or selling and make the money back but I
5:55
just think it's really sad when they
5:56
have turned out they spent over ten
5:58
thousand dollars on a patent and now
5:59
they don't have any more money to to
6:01
create the product and show it to people
6:03
and really get it out there in the
6:05
market yeah before the show started and
6:09
I know that you get calls from clients
6:13
or potential clients or just inventors
6:15
that are looking for help and are there
6:17
steps sometimes even without the patent
6:20
process are there other missteps that an
6:22
inventor might take i know sometimes
6:25
they talk to their family their friends
6:26
or they're looking on television or they
6:29
see a lot of the in invention submission
6:32
companies not that there's anything
6:34
wrong do you invention submission
6:36
companies but are there sometimes
6:39
missteps or are they believing that
6:41
those invention submission companies are
6:43
the end-all that they're going to be
6:45
able to take their product to the to
6:47
where they want it to go well yes of
6:50
course I see that's another reason I see
6:52
a lot of people very discouraged is
6:54
because they felt like they've spent a
6:56
lot of money working with certain
6:58
companies and they think that they
7:00
should have gotten some product or
7:03
something back a prototype or something
7:05
and they're not what they're receiving
7:07
isn't what they expected they're getting
7:09
things like videos they're being getting
7:12
market research done maybe stuff like
7:14
that that they signed up for but they
7:18
didn't understand or read through
7:20
exactly what they were paying for so
7:22
they're at the point now where they're
7:23
very discouraged to work with anyone or
7:26
go to any any next step because they had
7:29
a bad experience because they didn't
7:31
research the company that they were
7:33
paying enough and figuring out exactly
7:35
what they are getting from them yeah now
7:37
some of the ideas you know we talked
7:39
about Tommy are some of the ideas that
7:40
that that comes that come to you I know
7:43
you get frustrated because some are
7:45
pretty good ideas right yes we get
7:47
really great ideas I watch videos all
7:50
day on YouTube that people have sent us
7:53
and I think that they have they're great
7:56
and it's just it is frustrating when
7:58
they're the inventor isn't trying to
8:01
push forward to making it making
8:03
inventory and going through
8:04
manufacturing yeah I know the process
8:07
that inventors launchpads a little bit
8:08
different than some of the other
8:11
invention companies out there even
8:13
product development companies and you
8:16
know some of the things that we talk
8:18
about is that a client or an inventor if
8:22
they're going to spend any kind of money
8:24
or any funds you know they should have
8:26
an outcome in mind or that product
8:29
should be able to move forward I mean
8:32
the constant moving forward of their
8:33
idea and I know you talk about this all
8:35
the time is seems like is is the most
8:37
important because you probably get a lot
8:39
of calls from frustrated inventors yeah
8:43
of course
8:44
I think like I said before you need to
8:45
know exactly what you want and in the
8:47
end if you're looking for an investor
8:49
then you might want to put you know a
8:51
few thousand dollars to getting a really
8:52
great video or get
8:54
market research done so that might be
8:56
the stuff that you want but if you're
8:58
looking to get inventory or to go and
9:00
show buyers retailers and stuff like
9:03
that then you need to have at least some
9:06
something to give them something to show
9:08
them that they can take and show other
9:10
people but you definitely need to know
9:11
what exactly you're looking for because
9:14
an investor is not gonna want the same
9:16
thing that a retailer is gonna want ok
9:19
so what's bad let's talk about that a
9:20
little bit so you're saying that there's
9:23
kind of like two different paths with a
9:26
product and one is going to retail and
9:29
then one is going to either an
9:31
investment type thing or licensing is
9:33
that correct yes exactly exactly okay so
9:36
so say if I want to go to retail what
9:39
would be those first couple steps or
9:40
what is needed to show to to a to a
9:43
buyer or a retailer it's very important
9:46
to have a functioning product not even
9:50
necessarily a prototype is is what they
9:52
want to see they would want you you need
9:55
in my opinion you need to have some
9:57
inventory even like I said if it's just
9:59
a hundred units you need to have some
10:01
inventory that's packaged and it is
10:03
ready to show exactly what a buyer is
10:06
going to be getting if you come and you
10:09
show them an idea or you show them a
10:10
video it's not necessarily going to get
10:13
their attention and they're gonna feel
10:15
like there's still a lot of time before
10:17
you even have that inventory it's very
10:19
important to have it in hand before you
10:21
start showing people yeah and I know
10:24
that you know you steer a lot of people
10:25
over to shopping channels and in online
10:29
stores and it seems like it's kind of
10:31
the same thing even if you're going to
10:33
like an HSN or QVC the shopping channel
10:36
it seems like you just can't send them
10:38
an idea yeah I really have to be ready
10:40
to move forward I mean what if they call
10:41
and say hey we want your product oh yeah
10:44
exactly honestly I really don't send out
10:48
products to our you know ideas to these
10:51
licensing and he is HSN and stuff like
10:54
that we want you have to have inventory
10:57
because if they if they like the product
10:59
and they want it then we have to be
11:02
ready to give it to them yeah I could
11:04
see that be two problems even my cell
11:08
and you might a I mean you get excited
11:10
about a product I mean can you think of
11:12
something like that happened in recently
11:15
with a product that you sent out and and
11:18
the client really didn't have inventory
11:20
it's probably kind of disheartening
11:21
where they have a big chance and it's
11:24
kind of doesn't work out oh yeah I get
11:26
submissions all the time for people that
11:28
want to us to show to HSN and QVC and
11:32
stuff like that but I I mean I I do I
11:35
try not to even push it to the next step
11:37
because it's very hard they're gonna
11:39
constantly ask me for more and for in if
11:42
they like the product and you don't have
11:43
the inventory then the breathe tailor is
11:46
not gonna really like that from you so
11:48
yeah cuz sometimes you only get one shot
11:50
we talk about that all the time you know
11:51
you send it on out to a retail or HSN
11:53
they say hey we love this product and
11:55
you say well you know we don't we can't
11:57
deliver it you might not only get them a
12:00
little pissed off that we wasted their
12:02
time but we may not be able to get it
12:04
back to them you know exactly it's
12:06
forgotten after the first time they see
12:08
it so yeah you know it's weird and and
12:11
something that you could probably talk
12:12
to how many products you know and again
12:15
an inventor thinks they're on an island
12:16
they think they're the only one they
12:18
have the greatest product in the world
12:19
and and I believe that about my products
12:21
and I want the inventors to think about
12:22
that is but I don't think inventors know
12:25
of the sheer numbers of products that
12:27
are being sent to these Scouts to these
12:30
buyers even to us daily weekly monthly
12:32
and and is that something that you know
12:35
you they don't really understand oh of
12:37
course there's so many products right
12:39
now that are that want to get on the
12:41
market and I feel like a lot of these
12:44
retailers and stuff get bombarded with
12:46
products so they kind of just quickly go
12:48
through it and get a rundown but if you
12:52
and they do ask I mean they don't they
12:54
ask me what has inventory and what does
12:56
it so they'll push your tears to the
12:59
side if you don't have exactly what
13:01
they're looking for as well as a good
13:02
video to so you know that's stuff that
13:05
you need to you need to figure out what
13:07
you need what these retailers and buyers
13:10
you need to research that before you try
13:13
and push it out and spend money on you
13:16
know on a company showing retailers and
13:19
buyers you need to figure out exactly
13:20
what they want from you
13:22
and it seems like a lot of times the
13:24
patent really doesn't come into play
13:25
until way past showing to buyers showing
13:30
to retailers even I mean I know we've
13:32
gotten products on on home shopping it
13:35
into retailers with just provisional
13:36
patent supplied right of course yes I
13:39
always recommend doing a provisional
13:41
patent before you do a full patent you
13:44
should really in my opinion spend that
13:46
money on getting that pushing that
13:49
product and going to the next level with
13:52
your idea rather than spending all that
13:54
money on a piece of paper that a
13:56
provisional patent can do the same thing
13:57
for you for for the time being yeah
14:01
about and again you know with the patent
14:03
being locked into a certain design a
14:05
certain type a certain type of material
14:07
measurements and things like that you
14:09
and I both seen this hundreds of times
14:12
that the product sometimes changes we
14:15
had it just recently were a TV shopping
14:18
channel saw a product but they wanted to
14:20
change a little bit and we went back to
14:23
the factory and changed it up but then
14:25
patent had to be changed and you know so
14:28
sometimes as you said previously coming
14:31
from somebody like yourself who has
14:32
experience like this you know having
14:34
that piece of paper that says you have a
14:36
patent doesn't always work in your best
14:39
interest
14:39
oh yes of course and even when it comes
14:42
to manufacturing in the factories and
14:44
stuff if you get a patent before you
14:47
even have someone that works in the
14:50
factories or deals with all that looks
14:52
and make sure every little technical
14:55
thing is correct if you get a patent
14:58
before that then your patents not gonna
14:59
be have any value for you if you have to
15:02
go to the factory and change a bunch of
15:04
little components yeah it's got to work
15:06
you know on pieces on paper everything
15:08
looks good but what actually making that
15:10
product functioning package it's got a
15:13
it's got a look at how important is the
15:15
packaging on products go into retail it
15:19
seems like we talked about that a lot I
15:21
mean you see a lot of packaging it's
15:23
pretty important to have that ready for
15:25
when you go to retailers right yes if
15:27
you're looking to go to retailers and I
15:29
definitely suggest having good packaging
15:32
done and yeah units that are packaged
15:35
ready to go with HSN it doesn't seem as
15:39
important just because of how all
15:41
they're gonna be doing is shipping the
15:42
product but if you're looking to get
15:45
into any retail stores then I definitely
15:47
suggest having packaging ready and it
15:50
looks nice with the product in it when
15:53
you present it to them no I I could see
15:56
that I could see that's happening with
15:57
you know anything's gonna be mailed like
15:59
Amazon whoever is gonna be dropped into
16:01
a white box mm-hmm the retailers they
16:04
want to see what it's gonna look like on
16:06
their shelves I'm sure that that occurs
16:08
all the time
16:10
now if somebody wants to get a product
16:12
to you or or figure a way to connect
16:16
with you what is the easiest way to kind
16:17
of contact you or get a product out to
16:19
you to take a look at well you can
16:22
always email me at Serena and ventures
16:25
launchpad com
16:27
I'll always get back to you and I'll
16:29
send you if you would like to submit
16:31
your product to us for free we can I'll
16:34
send you a link to that and you could
16:36
submit it and and then we can go ahead
16:39
and review it and we do it depends like
16:41
I said what phase you're at but we can
16:43
definitely try and get it some exposure
16:47
yeah because I know that you know you
16:50
get myself you find a lot of products
16:51
for myself and for Bob Circosta for the
16:55
pitch to the pros show and I know you
16:57
get a lot of submissions and what is uh
17:00
what is some of the reasons that it
17:02
could be turned down it's just that they
17:04
don't have inventory or they're just not
17:05
ready yes most of the time it's because
17:08
they do not have inventory Bob Circosta
17:10
won't allow us to even present him
17:13
products that don't have inventory so
17:16
that's usually the number one reason
17:18
also sometimes it's you know
17:20
unfortunately some products just aren't
17:22
meant to be on HSN like we had one
17:24
previously that I thought it was a great
17:26
idea it was a game a board game for
17:30
different sporting games different
17:31
sports games so you can be playing an
17:33
interactive game with your family and
17:35
friends while watching things like
17:37
football soccer basketball and things
17:39
like that and it was a great idea but it
17:42
that wouldn't necessarily work on HSN
17:46
because of the demographic
17:49
it's so funny because I see products and
17:51
I know you do too and and I like all of
17:53
them that you know and you probably
17:57
probably get a lot too that those buyers
18:00
they know exactly what they're looking
18:01
for you know a lot of times you know we
18:03
get some some feedback from the clients
18:05
and it's not us we loved all the
18:07
products I know I know I feel like
18:10
they're mad at me because I said I liked
18:12
it and then I couldn't get it anywhere
18:13
but it's just
18:14
and with these retailers like you said
18:17
they know exactly what they want if if
18:19
if they you know like look at the
18:23
fidgets spinner I mean no one ever
18:25
thought that was I would never think
18:27
that's a good idea but they got in the
18:29
right place at the right time and and
18:31
just took off so the buyers and the
18:33
retailer's it's they know exactly what
18:36
they want so no I I totally agree you
18:39
know and we talked about it that you
18:41
know I would have kicked the chia pet
18:43
out of my office
18:44
[Laughter]
18:47
I'm right with you and a lot of times
18:49
you know the clients are the inventors
18:51
you know because they're mostly attached
18:53
their product there they're just looking
18:55
to us for an answer and and sometimes we
18:58
just don't have it and we can always
18:59
reach out to the buyers I mean do you
19:01
get that where you know when you when
19:04
you have to turn a product down I know
19:05
it hurts because you you like all the
19:07
products but you know it's it's one of
19:09
those things where you you know you get
19:10
to the point where you know you feel bad
19:12
that you're you're kind of telling them
19:13
hey they did make it oh I feel so bad I
19:17
think that's the hardest part about my
19:19
job honestly is that I see people that
19:22
are trying so hard to get their product
19:25
out there and it's it's really hard when
19:27
you have to say no that they turned you
19:29
down and it is hard when they think that
19:31
it's us personally doing it when really
19:33
we're trying really hard to get all of
19:36
the products that come up on our debt on
19:38
my desk I tried to send it as many
19:40
people as I can and I try to get get it
19:43
as much exposure as hot as it possibly
19:45
can but it's not always easy yeah
19:48
well as we said there is a lot of
19:49
products out there you have a whole team
19:51
of people working to you try to get
19:53
these products in front of the right
19:54
people and sometimes it's just out of
19:56
our out of our hands and we talk about
19:58
it you know we we wish that we can push
20:00
every product through
20:02
it would be awesome if we could and you
20:05
know that's again why I don't want did
20:07
you have you on the show because again
20:08
you're feeling so many questions and I
20:10
know it's kind of the you get asked the
20:12
same questions over and over but they're
20:14
in just in different context and and
20:18
that's why I wanted you know kind of get
20:19
you on the show that we can have people
20:21
listen to podcasts all of our listeners
20:23
out there they've been great they send
20:25
questions all the time about about some
20:28
of these topics that were covering and
20:30
you know so so you know before we before
20:33
we close out I know that I didn't want
20:35
to take up too much of your time today
20:36
is there some specific steps that an
20:40
inventor should take I get this new idea
20:43
and and before I do anything what do you
20:47
think would those be those first
20:49
specific steps I know you kind of
20:51
mentioned that I just want to recap like
20:53
I said I would honestly use Google
20:56
Google and make sure that look at
20:58
products that are similar to what your
21:01
idea is put in keywords and just see
21:04
what else is out there make sure that
21:06
you this is a new idea from there I
21:10
would honestly look at what what you
21:13
want where you want to go from there if
21:15
you feel like this product is great for
21:17
HSN then you're gonna figure out the
21:20
steps that are needed for you to get on
21:21
HSN if you think that you just want to
21:24
sell it on Amazon then you need to
21:25
figure out okay well I need inventory I
21:27
need to set up an e-commerce site and to
21:30
do all that whatever whatever it needs
21:32
to be done you need to figure out from
21:35
the get-go
21:36
what direction you want to go in ya know
21:39
that's exactly I I totally agree before
21:42
you go when you drop a bunch of money
21:43
you know figure out your path figure out
21:46
the way you want to go and talk to
21:48
people you know people have done this
21:50
that's the main thing it doesn't have to
21:51
be us it doesn't have to be Sarina reach
21:53
out to Sarina ask questions before you
21:55
spend some money make sure they not only
21:57
know like and trust a person that you're
21:59
gonna work with but if you're one of
22:00
those people that is fearful about
22:03
somebody stealing your idea or moving
22:05
forward without it do some research and
22:08
you know please one of the main things
22:11
that Sarina she's very knowledgeable you
22:13
could tell here
22:15
one of the main things is that you know
22:17
file that provisional patent don't go
22:20
for the full utility don't go for a non
22:22
provisional patent it's a lot of money a
22:25
lot of time to I mean it's a number of
22:26
years before you're going to see that
22:28
full patent anyway right Serena so it's
22:30
kind of crazy to to do that right away
22:33
yeah of course get the provisional
22:35
patent start talking to people don't be
22:37
scared and also don't expect to get
22:42
everything from one person yes someone's
22:45
you know you might speak to someone
22:47
that's trying to push your product out
22:49
there but don't expect the world's from
22:50
them and get discouraged when they can't
22:53
do something that they just mentioned
22:55
you're trying to help you because that I
22:58
see that a lot too they a lot of
23:00
inventors resent people that are just
23:03
trying to help them so like I said a bit
23:05
earlier I know exactly what you're what
23:08
you expect from someone and make that
23:10
very clear from the beginning because
23:12
you don't want to be discouraged because
23:15
you didn't get exactly what you wanted
23:18
the first time around yeah you know
23:21
Serena I was gonna let you off real
23:23
quick but you brought up a good point
23:24
that just with that last sentence there
23:29
because a lot of times people will go to
23:31
a company we see it'll here at the
23:34
inventive launchpad a lot I know you
23:36
weren't into it and they'll ask for
23:39
certain items or there's certain pieces
23:41
and we do everything here at Aventis
23:42
launchpad there's no doubt about it and
23:44
I don't want to say that that we don't
23:46
and other companies out there but a lot
23:48
of companies are a lot of inventors will
23:50
approach say one of those invention
23:54
submission companies or or a patent
23:58
attorney or whomever and they will get
24:00:00
what they asked for but for some reason
24:03:00
they're assuming they're supposed to get
24:05:00
more services and that's what I think
24:07:00
what you mean is that you know just make
24:09:00
sure you know what you're going to get
24:12:00
from each person is that kind of what
24:13:00
you're talking about exactly exactly I
24:15:00
mean all those invention submission
24:18:00
sites they give you like I said before
24:20:00
they give you what your ass with your
24:22:00
paying for but it's up to you to make
24:25:00
sure you know what you're getting and
24:26:00
it's a B
24:27:00
very clear what you expect and what what
24:30:00
they're gonna provide for you because
24:32:00
III it's really sad and disheartening
24:35:00
when people come and they've already
24:36:00
spent ten fifteen thousand dollars and
24:38:00
they have a video which is what they
24:40:00
were promised but they just expected so
24:42:00
much more yeah because everyone and
24:45:00
again I do the same thing everyone who
24:47:00
loves their idea and they believe that
24:48:00
all they have to do is get it in front
24:50:00
of somebody that can help them and
24:51:00
they're gonna love that idea they're
24:53:00
gonna take off it's gonna be multi
24:54:00
million dollars and and I feel the same
24:57:00
way with some of my ideas they're very
25:00:00
very seldom that happens so you have to
25:02:00
be prepared to go the long route and you
25:05:00
know don't expect anything don't assume
25:08:00
anything yeah look at that contract and
25:11:00
get what you're paying for because very
25:14:00
seldom because companies and and there's
25:16:00
all the invention companies out there
25:18:00
even us they're super busy they want to
25:20:00
help I we try to help people as much as
25:22:00
much as possible but after at the end of
25:25:00
the day we can only deliver as much as
25:27:00
possible and you know so so that that
25:30:00
was a good point that you made I knew
25:32:00
you had to jump off but I wanted to just
25:34:00
make that point because I want inventors
25:37:00
to realize that they really should be
25:40:00
careful not fearful exactly in realistic
25:43:00
you have to be you know realistic you
25:46:00
know you it's the product on the market
25:48:00
do your research and figure out what you
25:51:00
expect and don't don't don't resent
25:54:00
people because they can't provide
25:55:00
exactly what you want right away yeah
25:58:00
yeah yeah bring up all these yeah this
26:06:00
is not something that happens quickly
26:07:00
right I mean this is a long process oh
26:09:00
very very long process and be patient
26:12:00
and and trust the process because as
26:16:00
long as you're moving forward that's
26:18:00
really all that matters keep going and
26:20:00
don't don't be too scared to go on to
26:22:00
the next step
26:23:00
yeah yeah and I totally agree even our
26:27:00
own our own inventions here we we really
26:31:00
encourage everyone that our all of our
26:34:00
team members here in Venice Launchpad to
26:35:00
come up with ideas and inventions and we
26:37:00
have several inventions that are going
26:38:00
all the time at once and it is along
26:41:00
process there's there's there's nothing
26:43:00
to really help rush it along and if you
26:46:00
do need to rush you there's a lot of
26:47:00
times you need a lot more money or than
26:49:00
it cost a lot more to try to rush it
26:51:00
through sometimes it's not a good idea
26:53:00
either so as Sarina said patience in the
26:59:00
world without patience hard to do
27:02:00
because I am a very impatient patient
27:05:00
person yep and it's exciting it's an
27:07:00
exciting an exciting thing to do to
27:10:00
watch an idea your own idea come to
27:12:00
reality it's fun and I hope everyone can
27:15:00
do it it's really great yeah no I
27:17:00
totally agree well listen Serena thank
27:20:00
you so much for being on the show today
27:21:00
I did want to get you on here answer
27:24:00
some questions because again I know that
27:27:00
even you get frustrated sometimes
27:28:00
because you want to get this information
27:30:00
out to as many people as possible
27:31:00
because you know I mean I know it
27:33:00
affects you when you get a call like
27:34:00
that and it's kind of a lot harder for
27:37:00
us to help a new inventor along if they
27:41:00
have taken those first steps in the
27:44:00
wrong direction it makes it a lot harder
27:45:00
for you right yeah of course definitely
27:48:00
and thank you for having me on here it
27:50:00
was it was nice I wouldn't call myself
27:52:00
an expert but I definitely like
27:55:00
listening to all the inventors different
27:58:00
what they're going through the problems
28:00:00
that they have in figuring out waste
28:02:00
resolves the common issues for new
28:05:00
inventors and inventors I've been making
28:06:00
things for a long time well no we
28:09:00
appreciate I know all the inventors that
28:12:00
you have helped and the future inventors
28:15:00
are gonna appreciate all you do for them
28:16:00
there's no doubt about it and I'm glad
28:18:00
you were able to make some time to be on
28:20:00
the show today so again thank you so
28:22:00
much of course thank you anytime
28:25:00
oh no problem sounds good we'll have you
28:27:00
back on anytime you need to get the word
28:29:00
out to help these inventors be great so
28:32:00
for myself call my disco and the rest of
28:35:00
the team at inventors launchpad I thank
28:37:00
Serena for being on the show today and I
28:39:00
ask all of our viewers if you have some
28:41:00
questions or some comments please send
28:43:00
them over to us if you have some some
28:45:00
questions specifically for Serena as you
28:48:00
as she mentioned her email address is
28:50:00
Serena at inventors launchpad or you
28:54:00
could certainly go out to
28:55:00
venters launchpad website which is
28:57:00
inventors launchpad comm we also have
29:00:00
all of our show notes all the
29:01:00
information from today's show will be
29:04:00
listed there and also I would ask you to
29:06:00
please go out to iTunes Google Play or
29:09:00
stitcher and leave us a review a comment
29:11:00
and send us some questions because we're
29:14:00
always open and looking to help in any
29:17:00
way possible so have a great day and
29:19:00
we'll see you next time on inventors
29:21:00
launchpad network