“The value of an idea lies in the using of it” (Thomas Edison – Inventor and businessman)
Everyday inventors like you and me are not usually the scientists who spend their whole lives researching very specific aspects of cell mutation or sub-atomic particle behaviour. Although these scientists and the research institutes they are invariably working for, or alongside, are the major drivers of scientific inventions, sparks of industrial innovation and progress in technology or life sciences.
It’s also the Brendas, the Johns and the Georges for that matter who are facing common problems when feeding their babies, thinking about lowering their energy consumption or considering new ways of doing business, who have great ideas that start with small sparks in their minds, which have the potential to improve the lives of billions.
For these inexperienced but creative inventors it can be a huge challenge to figure out how to develop this first spark of an idea to a successful invention, product or business answering the needs of not just those who face everyday problems but also of people who make and influence the decisions on the path leading to success.
Considering the invention process not just as a eureka moment but also as a business process that systematically addresses the different steps along the way is crucial.
To minimise the risks which the invention or entrepreneurial work can bear, it’s vital to understand what is required for successful commercialisation. Inventors not only need to thoroughly understand the technology, function or usability aspects of their invention itself, but also what it means to develop and implement a proper intellectual property strategy, create a sound business plan, build a convincing pitch deck to attract investors or partners, make a prototype and consider legal and regulatory requirements an invention might need to comply with, before anyone can think about turning it into a commercial product or industrial process or even a marketing concept.
While many inventors succeed, there are many who don’t. Not because their product or idea is weak but often just because the intellectual property protection strategy is not properly thought through. For example, a patent has too narrow claims, so competitors with strong financials and resources can easily circumvent it. Or the business plan is not assessed by experts leaving room for risk. Or the marketing strategy fails to provide the required results or the inventor just does not have the informal networks to connect them to potential partners or investors who can help them pave the way to success.
There are many books and courses available, which try to help inventors understand these aspects and without doubt, some of them are really good sources of third-party experience and knowledge.
The question is whether in current times creative and bright minded inventors do have the time, patience, money and interest to read books, attend expensive courses or invention summits or are able to find the right experts to provide real help.
Guidance through the pitch process
Sciony has its team’s holistic knowledge of the invention process in an interactive, guided online tool, supporting inventors from the first spark until successful fundraising, partnering or commercialisation of the idea whether it’s a product, a business or a patent or other form of intellectual property.
So that anyone having a big or small idea, invention or innovation, can easily capture it in a secure and confidential system. Depending on the objective, which can be starting up based on an idea, finding partners, seeking investments or just offering a solution to a problem, Sciony`s expert Logbook guides inventors through the vital steps and to do lists supporting the respective objectives, providing explanations about why a certain step or related documentation is required or contributes to success. The Logbook helps intuitively and instantly to progress step-by-step towards assembling a complete and concise startup project or offering.
Where needed, expertise provided by professionals is offered along the way. For example, if an inventor needs help creating a solid business plan, undertaking reliable market research or setting up the right marketing strategy, Sciony can introduce them online to appropriate experts and they can then commission their services if they choose to. Sciony hand-selects the experts on its system who, between them, provide more than 280 services.
The result of a post going through the Logbook process, be it an invention, idea, intellectual property or business, is a complete and concise dossier containing all the aspects of the offering and providing the inventor a complete presentation which can be used to pitch to potential partners, investors or prospective buyers by answering the questions and providing the evidences the interested parties usually would ask for before deciding whether to jump on board.
Reducing the risk
Inventing with risk, missing knowledge or help, studying a variety of books or going to endless courses is costly and time consuming. And obviously often inefficient invention expositions or summits are now things of the past anyway.
From first-time everyday inventors needing help throughout the invention process, or experienced entrepreneurs seeking partners or funding, through to the successful business owners seeking buyers for their businesses our motivation was to provide a sophisticated, intelligent and easy process which generates the perfect pitch book. Without this most are doomed to failure.
Confidentiality is a big concern in the innovation business and this is covered as all critical information and documentation entered or uploaded is secure and confidential is only shared with interested parties or experts selected by their owners and after a mutual Non-Disclosure-Agreement has been signed by all parties.
At last everyone having great ideas can get the help they need to develop the idea utilised and commercialised which means they are far more likely to succeed. As Thomas Edison, inventor and entrepreneur used to say, “The value of an idea lies in the using of it”. With Sciony the chances of success are massively increased in an easy way, making inventing or successfully commercialising ideas, intellectual property or businesses not just effective but also fun.
The aim is to help bright minded inventors increase the likeliness of getting their well-deserved rewards and this for 80% of the usual cost of visiting a single startup or inventor summit by a single person.
Be a pioneer
As we have only just started, we are offering all of these benefits initially for a limited period to selected Early Adopters completely free of charge, so visit www.sciony.com and apply for your free seat and help us build the world’s first, fully integrated innovation ecosystem of inventors, investors, corporates and expert service providers to accelerate global innovation!
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