The text quoted below was one of the first blog posts I wrote back in March of 2009. It’s a true story about a man I met through my church.
At that time I was starting new job after being down-sized twice in 18 months. I was happy to find a new 9 to 5 job but I had a great vision for the future where I could be my own boss and have a passive income stream from licensing inventions I created.
Looking back, I can see how that first conversation really started to change the course of my life. After that chance encounter I was inspired to start my own company, Inspiration2Innovation. I also started the InventionAddict.com blog to help more people and promote my business.
Now over a year later, I recently received an e-mail from Billy. I lost touch with him shortly after we met so I was excited to hear from him.
We had a meeting to go over some of his inventions. I thought it was so cool that the person who inspired me to start my business is a potential client. I shared with Billy that he was the spark that got me to form a LLC, set up a company website, and start to write an e-book.
I recently met a gentleman named Billy, who 15 years ago had aspirations to be an inventor. Billy had an idea for a product he wanted to take to market. Instead he got taken and was fleeced by a company that claimed they were going to help him get his idea patented. They kept asking for more and more money until he was tapped out. Billy ended up with nothing, the invention assistance company never even filed a patent application.
The worst part of the story is that the invention idea Billy came up with was patented by someone else just a couple of years ago. Billy started working on his idea over 15 years ago! Granted, just because the “later inventor” was issued a patent, it does not mean he will profit. I’ve searched and I have not seen the product on the market.
It was hard for me to break the news to Billy. He potentially missed out on profiting from his first invention but there was a silver lining. Billy’s first invention was a patentable one. He has the creative spark and the passion to give it another try. With my help, he’s going to give it another try.
Billy is a proud grandpa and he wants to retire so he can give back to the community. He sees using his creativity as a way to generate the money he needs to retire and start doing what he really wants to do. Impact his community one person at time by being an angel investor of sorts who gives people a hand-up rather than an hand-out. The catch is, he does not want the money back. His hope is that the person he touches, will in turn help other people in need, causing a chain reaction.
Billy’s story inspired me to launch this blog and get my consulting firm, Inspiration2Innovation off the ground. Thank you Billy.
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