I think the most common struggles of being an inventor is where to start with getting the right information and education to be successful.
There's no shortage of companies holding their hand out willing to take money off an inventor, just to leave you pretty much in the same position you started, less your money.
I've heard of stories where people have lost homes, families and thousands upon thousands of dollars to get their dream to market. Sadly, most inventors have a better chance of winning the lottery.
The inventors I know are not pouring thousands of dollars into their inventions and they are getting to market.
My first invention cost me a total of around $200.00 CDN. This included prototyping and making a presentation sheet. This product will be released into retail 2-3 weeks from now.
My second product cost a little more, around $200.00CDN and is in the hands of a rep working with 4 DRTV companies.
This all costs more when inventors want to manufacture their own product, rather than licensing it out for royalties; but this can also cost less if the inventor doesn't want to prototype their idea. Instead they simply have it drawn out on a presentation sheet and submit it into companies for consideration.
When stepping into manufacturing without understanding product development, inventors may end up with $600,000.00 worth of product in their garage that no retailer wants. Do you really need to order that much? No, of course not, but some sales savvy rep isn't going to always tell you this.
Mentors are the best people you can have on your side when jumping into the wacky world of inventing. They've been there and you get to learn from their mistakes and benefit from their triumphs.
After having such a great experience through my mentor, we started up a free website where mentors offer their time to answer questions for inventors. It's not a chat site, but more of a library where inspiring inventors, or seasoned ones can go and read. It covers all areas, and if your answer isn't already there, ask the question...only experienced inventor mentors answer.
Our hope is to educate inventors and help all to succeed... free of charge!