Over the years, I've made a lot of mistakes. Naturally: I'm an entrepreneur. To succeed as an entrepreneur, you must be willing to fail -- over and over and over again. It's part of the process. If you're failing, you're learning. Mistakes are painful, yes. That's why...
The Worst Mistakes You Can Make Licensing an Idea
I've been licensing my ideas for more than 30 years now. It's been a wild ride. I've licensed ideas to the toy and novelty gift industries without intellectual property. My Silicon Valley attorneys and I went to federal court to defend an innovation I came up with for...
What Most First-Time Innovators Get Wrong
This is how it usually goes: Someone observes a problem. He or she crafts a solution. Then an expensive prototype and an even more expensive patent application. The result? Thousands of dollars spent, with nary an indication that there's even a market for the product....
5 Life Lessons That Will Help You Make Fewer Mistakes
I don’t necessarily consider making mistakes a bad thing, because I’ve learned so much more from them than my successes. If you own up to the mistakes you make and do your best to learn from them, they can be helpful, actually. I like to think of them as necessary...
6 Ways to Minimize the Impact of Your Mistakes
It’s a fact of life: Everyone makes mistakes. People who are at the very top of their game make mistakes. If you’re trying something new, there’s an even better chance you’re going to make a mistake. Should you let that stop you? Absolutely not. In fact, I’d go so far...