58. The 6 things Successful Inventors do (For Big Profit!)

Send us Fan MailWondering what a serious inventor would do with your idea? Perhaps you have an invention idea that you TRULY want to see all the way through and you don't want to sell yourself short with a bogus licensing deal.  Inventors who make profitable products and companies all follow some variation of these 6 rules.Want to join an exclusive Discord community of seasoned inventors and be on a first name basis with people who LOVE this world of product development?  Access the exclusive Discord through the Patreon below for just $6/Month! ⬇️By popular demand... introducing Grant's "Invent With Me" Patreon.-You may want to join if...1. You have an invention idea but don't know where to go from here...2. You need access to engineers, lawyers, inventors or manufacturers.3. You need inspiration and weekly tips to bring your invention to the market and start making 7-figures from your idea.https://patreon.com/InventWithMe?utm_...  IWM Engineer; Lance at https://www.freelancedesigns.ca/The Invent With Me Podcast⬇️Spotifyhttps://open.spotify.com/show/2YAZqvv...⬇️Applehttps://podcasts.apple.com/us/podcast...00:18 - Step 1: Ignore 90% of Advice Online04:30 - Step 2: Research the Market (Using Amazon)08:31 - Step 3: Wait on the Patent!12:47 - Step 4: Prototype for Cheap16:08 - Step 5: Source like a pro21:50 - Step 6: Price for Profit24:11 - (Bonus) Market with Zero dollarsIn this episode of Invent with Me, Grant pulls back the curtain on what it really takes to turn a simple invention idea into a profitable six-figure business—without chasing patents or wasting money on bad advice. With just $6,000 and a product idea called the Foam Former, Grant walks listeners through the six essential steps that successful inventors take to bring their product to market. He debunks common myths pushed by online "gurus," explains how to do realistic market research using Amazon, and dives into why most new inventors waste time on patents too early.You'll also hear about the early struggles inventors face, the false promises made by invention brokers like InventHelp, and how to trust your gut while filtering out 90% of the noise online. Whether you're a first-time product creator or already have a few ideas under your belt, this raw and insightful episode is your blueprint for building a real product business—without falling into the typical traps.What if I told you that a simple idea and a $6,000 investment could turn into a six-figure brand — and it doesn't even start with a patent?This is how real inventors actually make money, in six simple steps. And for today's episode, we’re going to use my little pal here, called the Foam Former.But before we get into that, let’s talk about Step One: what's the first thing most inventors do to become profitable and actually make money?The Invent With Me Podcast, where each week we help aspiring inventors and product creators to turn their innovative ideas into reality.  Join us on youtube to have the ultimate show experience!  www.youtube.com/@inventwithme