Kids Inventing Resources & Idea & Illustrations Webinar!
From an IP webinar and a sell sheet webinar, to kids inventing resources and a sports success story, this newsletter has it all!
April 2020 Newsletter Issue #29
Congratulations Eitan Kramer on your outdoor sports product!
Eitan Kramer is an entrepreneur, actor, inventor, former professional inline skater, trainer, and Guinness World Record holder. He is the creator of the MorfBoard system, which was invented to bring action sports to everyone in a way that is accessible, simple, affordable, and fun — in a totally new and innovative way.
The MorfBoard is a skateboard that not only converts into a scooter, but is also a balance board and even a bounce board for catching big air, meaning children can test out four different kinds of movement, to see which they might like best, before committing to just one. Today the MorfBoard is sold by toy company Jakks Pacific.
We understand that this is a difficult time for everyone and want to let you know that we are taking COVID-19 seriously. As inventors and entrepreneurs, it affects a large number of events, group meetings, and business opportunities. It is with great hardship and sadness that some of our community members will have to be closing their doors for the time being. However, conducting meetings online through various platforms is a good way to continue communicating with your employees, business partners, and co-workers, so you stay connected and continue to educate yourselves about how to best continue as a company.
We would like to assure you that Inventors Groups of America will continue business as per usual. As we are an online business, helping inventors’ groups and providing business resources are some of our top most priorities, and we will continue to support our community in any way that we can. Please excuse any technical difficulties on our part.
We would also like to support your small business or product in this trying time. If you have e-commerce, gift certificates for when you re-open, or anything that the community can do to help your business, please place a link in the comments section on our social media channels (Facebook, LinkedIn, Twitter) under the post we have provided. We are stronger together.
If you would like to help your community keep their businesses alive, please contribute in any way that you can. Please shop from the stores in the comments, share their business, write them a review, talk to them on the phone, and help them out. By supporting everyone around us, we can come out of this struggle, stronger than before.
Please reach out to us if you believe we can help you in other ways.
On May 6th, we are honored to have Kenny Kiernan for our educational webinar! Join us and learn about the journey of creating concept art and sell sheet illustrations! Kenny Kiernan has been a toy industry illustrator for 20+ years and has completed many projects for Hasbro, Fisher-Price, Spin Master, Lego and other toy companies. He has also worked in advertising, created and published marketing content for children’s books, and has done concept art for inventors and product developers.
Kenny’s work runs the gamut from affordable sell sheet illustrations to brand mascot and game character designs, to finished art for production in toys and games, animations for your website or presentation, and much more. Kenny is a NYC native, currently residing in Scranton, PA. View Kenny’s portfolio at www.kennyk.com, and get excited about this amazing webinar coming up on May 6th, at 4pm PDT!
Towards the end of each webinar we hold a live Q & A for our guest speakers, and we don’t have enough time for every question! Do you have a question you would like to ask Kenny? Send us an email at support with the subject, “VIP Question to Kenny” to make sure your question is in the V.I.P. list to be considered during the webinar.
The Webinars are held on Wednesdays at 4pm Pacific / 7pm Eastern
We will share a recording of each presentation on our site.
“Worldwide, billions of dollars are spent to protect technologies and products through patents. What at first glance appears to be a vital and profitable investment for companies can, over time, turn into a cost trap. Why?
1. Companies tend to protect too much rather than too little.
2. The maintenance of patent protection is hardly ever questioned.
Join our webinar to learn how to:
calculate the overall annuity fees for your patent portfolio.
quickly analyze your or your competitors’ renewal fees.
view annuity fees per year and/or per country.
combine annuity fees with other PatentSight indicators, e.g. the Patent Asset Index™, to improve your decision making on pruning candidates by analyzing the costs for low quality patents.
forecast budget requirements for each year to maintain annuity fees for all patents.” – Patent Sight
The UP Children’s Museum is looking for the next kid entrepreneurs!
“Interested child entrepreneurs will work with staff to develop a product idea and then bring it to life. Then, they can sell it in the ‘Kid Bizness’ section of the museum store. Children will reach an agreement with the museum about who gets what portion of the profits, but the program itself is free to join.
Interested entrepreneurs should contact Mr. Jim at museummrjim, or call the museum at 906-226-3911″ – Upper Michigans Source
Let’s see what Mary Couzin
from ChiTAG has to say!
“Know kids looking for something to do? They can invent toys and games! We have a free Design Guide and other materials to help kids invent toys and games while stuck at home. They can also enter our Young Inventor Challenge and get feedback from toy/game execs and a chance at prizes, scholarships and licensing deals. Read the terrific interview below with Lily and Tait, recent winners, who just got their game Betcha Can’t! launched in Target! And, this video will make you SMILE!” – ChiTAG
Why Your “I Wish This Tool Existed” Idea Could be a Market Hit
“While inventing your product, keep track of all the emotions, thoughts, and phrases you had when looking for a solution. Write them all down. This information is priceless when it comes to designing a marketing message and shaping value propositions.” – LANPDT