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 2009 Inventing Success Workshops Minimize

Minnesota Inventors Congress

And the

Minnesota US Small Business Administration Office

Presents

Inventing Success Workshops

 June 12 & 13, 2009


What is the most important investment an inventor can make?

To learn how successful inventors develop marketable products!!

 

Attend these sessions and find out from the experts how to spend

 your time and money wisely as you develop your idea.

 

Keynote Speaker - Friday, June 12, 8:00 a.m. to 9:45 a.m.

All are welcome to attend.

2009 Exhibitors attend this session free.

 

1. Four Horses of Commercialization!*

Don Kelly, Patent Agent, Inventor Coach. www.PatentAgentPlus.com

A not-to-be missed workshop for new product developers presented by the well-known champion of America’s independent inventors and entrepreneurs. This will be an entertaining and information-packed session, peppered with illuminating anecdotes drawn from real life experiences of inventive icons. Recognized for his open, humorous style and considerable experience in counseling inventors from workbench to market, Don Kelly answers all your questions and more!  Novice/Intermediate/Advanced Level.

 

Friday, 10:00 a.m.

                       

1. Patents - What Inventors Need to Know!

MICHAEL NEUSTEL, Patent Attorney, Neustel Law Office. www.neustel.com

Michael Neustel is a U.S. Patent Attorney who counsels inventors and small businesses on various patent matters including patent searches, patent applications and patent infringement.  He will discuss the most common mistakes made by inventors with patents and how to avoid them.  Michael will also discuss how to effectively protect your patent rights against companies when working on a budget.  A Question/Answer session will be held at the end of the seminar.

Novice/Intermediate Level.

 

2. The Most Important Tool Every Inventor Needs. 

LINDA POLLOCK, Inventor, CEO - The Simplifying Lady. www.SimplifyingTips.com

If you had only seconds to convey your product idea, could you do it? You have to know how if you’d like to get a manufacturer’s attention. In this hands-on session, you will work on your one sentence benefit statement and learn how to design a sell sheet that makes an impact. Bring along your marketing ideas or materials.

Novice/Intermediate/Advanced Level.

 

3a. Open Innovation for Manufacturers: Acquiring New Products to Drive Growth in a Slow Economy.

JEFF CARPENTER, Senior Portfolio Mgr. – Development Capital Networks. www.dcnteam.com

As a manufacturer, how will you drive growth in today's innovation economy? Where will you go if you need new products for sustainability?

 

This session will discuss the basic issues you'll face as a manufacturer implementing an "open innovation" strategy, That is, if you look outward for technology or products to acquire, what are the opportunities, processes, and hurdles?  This workshop will highlight four key aspects of open innovation:  Patenting basics; Scouting for opportunities; Acquiring the rights to manufacture and sell; Integrating the new item into your company. Manufacturer Workshop.

 

Friday 12:00 p.m.

 

2. The 3 Biggest Mistakes Inventors Make and a Roadmap to Success.

Bonnie Griffin Kaake, President & CEO – Innovative Consulting Group, Inc. www.biz-consult.com

What you don’t know that you don’t know” is the most dangerous part of the invention process. You will hear and see many examples of the biggest mistakes and learn how to avoid them as well as success stories.  Gerald Udell, PhD’s PIES XII (Preliminary Innovation Evaluation System) will also be discussed. In addition, a copyrighted map will be given to attendees showing the most direct route to success. Two surprise door prizes will be awarded at each session.  

 Novice/Intermediate/Advanced Level.

 

3a. SBA America’s Recovery Capital “ARC” Loan Program

Andy Amoroso, Business Development Specialist, US Small Business Administration (Minneapolis Office. www.sba.gov/mn

This session will focus on the SBA America’s Recovery Capital “ARC” Loan Program and is offered as a part of the Manufacturer’s Workshop package.  ARC loans are designed to provide some temporary relief for viable small businesses with immediate financial hardship…to keep their doors open until they can get back on track.

Small Business Owner/Manufacturer.  FREE session.

 

3b. Design for Success. 

DAVE CLARK, Business Development Manager, Malco Design & Deliver Group. www.malcod2group.com

This seminar is a crash course in the techniques of design for manufacturing. You’ll learn the nuts and bolts strategies that manufacturers use to reliably avoid problems, speed products to market, and turn great ideas into successful products. We’ll open your eyes to a whole world of design considerations that you probably never imagined. These topics can literally save you tens of thousands of dollars, and a lot of gray hair. Novice/Intermediate/Advanced Level.

 

 

 

 

Friday 2:00 p.m.

 

1. Licensing/Branding, etc.

WARREN TUTTLE, Housewares Industry Marketing Guru.

Learn from the person who helped launch the TV mega-hit Smart Spin, MISTO The Gourmet Olive Oil Sprayer, The Toss and Turn Pan and QVC's Adjustable Depth Rolling Pin. Warren also works with Lifetime Brands, the world's largest manufacturer and distributor of kitchen utensils, searching for innovative new products. Speed Prep and The Odor Absorbing Splatter Screen are two such products just introduced to high acclaim at the recent International Housewares Show in Chicago. Warren serves on the Board of Directors of the United Inventors Association and resides in Connecticut. Novice/Intermediate/Advanced Level.

 

2. How I became “The Needle Lady”

PAM TURNER, Inventor, Entrepreneur, Spiral Eye Needle. www.spiraleyeneedles.com

From inspiration to prototypes. From money issues to angels in waiting. From "it can't be done" to "here it is!" From I wish I had listened to Stephen Key to I hate my lawyer. From ""there will be no ROI" to "We are interested in your product" This is my personal experiences from start to end on how I became an inventor. Novice Level.

 

 

3a. Best Practices for New Product Development. 

DAVE CLARK, Business Development Manager, Malco Design & Deliver Group. A division of Malco Products Inc. www.malcod2group.com

New products are critical to the success of every company. Unfortunately, too many companies invest in new product development projects only to be frustrated by project delays, loop backs, and poor results after introduction. This session will show you best practices in new product development that can have a big impact on your results. These practices are easy to learn, easy to implement, and extremely relevant for companies struggling with limited budgets and staff.

Manufacturer Workshop.

 

Keynote Speaker - Saturday, June 13, 8:00 a.m. to 9:45 a.m.

All are welcome to attend.

2009 Exhibitors attend this session free.

 

1. You have an idea for a product…what’s next? * Part one.

LOUIS FOREMAN, Inventor; Publisher, Inventors Digest; Creator, Everyday Edisons. www.inventorsdigest.com

Everyone has a great idea; yet, creating innovative ideas is just the start. How do you transform a great idea into a great product? And, how do you create a product that provides an economic return? This discussion will shed light on how to examine an idea before investing a dime. You will also learn what 5 questions you should ask before attempting to take your great idea to the next level. Novice/Intermediate/Advanced Level.

 

Saturday 10:00 a.m.

 

1. You have an idea for a product…what’s next? * Part two.

LOUIS FOREMAN, Inventor; Publisher, Inventors Digest; Creator, Everyday Edisons.

Everyone has a great idea; yet, creating innovative ideas is just the start. How do you transform a great idea into a great product? And, how do you create a product that provides an economic return? This discussion will shed light on how to examine an idea before investing a dime. You will also learn what 5 questions you should ask before attempting to take your great idea to the next level. Novice/Intermediate/Advanced Level.

 

2.  License Your Invention or Produce It? Which is Better for You?

KARYL LYNCH & DAVE CORMIER.  Pelham West Associates. www.pelhamwest.com

Characteristics of the product, the business opportunity it represents, and individual goals are all part of what needs to be taken into account in deciding whether to license your product or manufacture and sell it yourself.  Product scouts Dave Cormier and Karyl Lynch will use these key elements to look at the advantages and disadvantages of each approach and

recommend strategies you can apply to your own situation.

Novice/Intermediate Level.

 

3a. Guarantee Your Success 100%, Every Time

Jack Smith, Patent Illustrator, Consultant, President Inventors’ Network. www.patent-illustrators.com

Guarantee your success 100%, every time, by inventing outside the box. Learn what outside the box really means and the 5 principles that guarantee your success. Jack has over 35 years experience in manufacturing, marketing and patents. He has been responsible in whole or in part for over 3,000 product development projects during his career.

Novice/Intermediate/Advanced Level.

 

Saturday 12:00 p.m.

 

1. The 3 Biggest Mistakes Inventors Make and a Roadmap to Success.

Bonnie Griffin Kaake, President & CEO – Innovative Consulting Group, Inc. www.biz-consult.com

What you don’t know that you don’t know” is the most dangerous part of the invention process. You will hear and see many examples of the biggest mistakes and learn how to avoid them as well as success stories.  Gerald Udell, PhD’s PIES XII (Preliminary Innovation Evaluation System) will also be discussed. In addition, a copyrighted map will be given to attendees showing the most direct route to success. Two surprise door prizes will be awarded at each session.  

 Novice/Intermediate/Advanced Level.

 

2. Power Networking: How to Solve any Problem by Connecting with the Right Person.

RON WACKS. Entrepreneur, CEO, Microbusiness Strategies, and Co-Producer, IssuesLive.

www.microbusinessstrategies.com

Ask yourself this question: Do you want to call people or do you want them to call you? You've heard it many times: "it's not what you know, it's who you know".  Whether you're employed or self-employed…in business 20 years or 20 minutes, Power Networking is the most important tool you can have for success. Power Networking is different than any networking seminar or workshop you've ever attended—you'll learn how to cultivate relationships and develop them into long-term relationships and partnerships and pull a rabbit out of a hat…and people will call you.

Novice/Intermediate/Advanced Level.

 

3a. Sales Calls.

BILL McHENRY. President, Entrepreneur Sales & Marketing. http://entrepreneursales.com

Create an effective, dynamic and memorable sales presentation!

Learn from Bill McHenry, founder and president of Entrepreneur Sales & Marketing, how to develop effective sales presentations through understanding the process of selling. Bill’s presentation, “The 7 Step Sales Plan” offers valuable information, tips, techniques, and the components necessary to create a solid plan for presenting your product and keeping the attention of your audience.  With over 25 years in sales and marketing and a background of training, developing and successfully leading large sales teams of over 100 staff, Bill delivers the methods and proven techniques to assure well organized and well received sales calls. Across the country, Bill has shared this lively and informative presentation - helping inventors and entrepreneurs be prepared to seize opportunities that they cannot afford to lose. By understanding each of the steps of the sales process, you will be more prepared to manage and execute them!

Novice/Intermediate/Advanced Level.

Saturday 2:00 p.m.

 

1. Patent Law: A Business Perspective.

ROGER BELFAY, Attorney at Law. www.rogerbelfay.com

Learn how patent law relates to the business of turning your invention into cash:

  1. What is the relationship between your business plan and patent protection?
  2. How do you preserve your patent rights before filing a patent application?
  3. Do you even need patent protection?
  4. What kind of application should be filed and when?
  5. How do I preserve my rights to a patent outside of the United States?

Novice/Intermediate Level.

 

2. Innovating For Profit!

LORI LORENZ. Founder and President of Grassroots Technology. www.grassroots-technology.com

Use the Profit Matrix to find the sweet spot in your business for best value and best profit.  Are you leaving money on the table?  Can you innovate and find a better market? Optimize your time and money while satisfying your passion for your business.  Novice/Intermediate Level.

            Novice/Intermediate/Advanced Level Descriptions:

Novice: Limited financial resources; knowledge of the process is low; initial stage of development; needs to learn the basic product development process.

Intermediate: Limited financial resources; knowledge of the process is low to mid; prototype stage; knows it will not make a fast million; understands the time commitment to develop; knows the value of a patent; knows how to find out if there is a market; and is learning how to commercialize the product.

Advanced: Using personal financial resources; knowledge of the process is good; advanced stage of development; may have a direct connection to the potential market; has a business plan and marketing plan developed; learning how to make the decision to license or manufacture your product; and knows what it takes to finance a start up operation.

Disclaimer: Please don’t let these definitions stop you from participating in any workshop you wish to attend!

Manufacturer Workshops:  These three sessions on Friday, June 12th are designed to help manufacturers learn how to acquire and integrate new products into their existing product line.

 

The 8:00 a.m. sessions on Friday and Saturday are open to the public and are free for 2009 Expo exhibitors. Workshop speakers and schedule are subject to change. No advance registration necessary. $20 Fee per session.   $15 MIC members Fee per session. Manufacturers Fee: $25 (3 sessions)

 

Redwood Area Community Center

901 Cook Street

Redwood Falls MN  56283

Held during the Minnesota Inventors Congress’ Invention & Idea Show™ 2009.

 

Minnesota Inventors Congress

P O Box 71

Redwood Falls MN  56283

800.468.3681

info@minnesotainventorscongress.org

www.minnesotainventorscongress.org

 

                   

 

SBA’s participation in this co sponsorship is not an endorsement of the views, opinions, products or services of any cosponsor or other person or entity. All SBA programs, services and cosponsored activities are extended to the public on a nondiscriminatory basis. Reasonable arrangements for persons with disabilities will be made if requested at least two weeks in advance.  Contact: the Minnesota Inventors Congress at 507-627-2344 or info@minnesotainventorscongress.org    Cosponsorship Authorization #: 09-01.


 the Minnesota Inventors Congress extends...
An invitation to Minnesota Manufacturers interested in
learning how to acquire and integrate new products.

Friday, June 12, 2009 •
Redwood Area Community Center
901 Cook street, Redwood Falls, Minnesota

10:00 a.m. – Open Innovation for
Manufacturers: Acquiring New Products to Drive Growth in a Slow Economy – By Jeff Carpenter, Senior Portfolio Manager, Development Capital Networks.
As a manufacturer, how will you drive growth in today’s innovation economy? Where will you go if you need new products for sustainability? This session will
discuss the basic issues you’ll face as a manufacturer implementing an “open innovation” strategy. That is, if you look outward for technology or products to acquire, what are the opportunities, processes, and hurdles? This workshop will highlight four key aspects of open innovation: Patenting basics; Scouting for opportunities; Acquiring the rights to manufacture and sell; Integrating the new item into your company.

12:00 p.m. – Minnesota Inventors Congress Invention & Idea Show™ 2009 – See the new products showcased by inventors.

1:00 p.m. - American Recovery Act Session, with Andy Amoroso, SBA.

2:00 p.m. – Best Practices for New Product Development – By David Clark, New Business Development Manager, the Malco Design & Deliver Group.
New products are critical to the success of every company. Unfortunately, too many companies invest in new product development projects only to be frustrated by project delays, loop backs, and poor results after introduction. This session will show you best practices in new product development that can have a big impact on your results. These practices are easy to learn, easy to implement, and extremely relevant for companies struggling with limited budgets and staff.

Cost: $25.00 includes admission to all three sessions and a free pass to the MIC Invention & Idea show 2009, june 12 & 13, 2009.
To RSVP: Register online by June 8, 2009 for the early bird rate at
www.minnesotainventorscongress.org, click on Invention & Idea show
Registration Page, scroll down to Educational Opportunities, or contact Deb Hess at 800.468.3681, email: deb@minnesotainventorscongress.org.

Package price:$25
For the complete schedule of events, or for more information contact the MIC
office at info@minnesotainventorscongress.org
MIC, P O Pox 71, Redwood Falls MN  56283

This event is sponsored by the Minnesota Inventors Congress, a 501(c)(3) non-profit organization. MIC reserves the right to reject any or all exhibits, ads, sponsorships and participants.


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Number attending__________________
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Number attending__________________
Company name _____________________________________________________________________
Address ___________________________________________________________________________

Phone __________________________________________
Email ___________________________________________
Company Representatives____________________, ____________________,___________________,____________________


Is your manufacturing company looking to acquire new products and integrate them into your existing product line? Let the Minnesota Inventors Congress help you look outside the box to develop new products for your company.


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