Topic: Are you selling your invention for $50 but it costs $30 to make? You’re already out of the game.

About this episode

This episode discusses the importance of pricing strategies for inventors and features insights from seasoned inventors.

Are you selling your invention for $50 but it costs $30 to make? You’re already out of the game. In this episode of Invent America TV, we sit down with seasoned inventors to discuss why the "second time is always easier" and the brutal reality of the "Multiply by 5" pricing rule. We also feature Eugenia Kelly and her "Unboxy" tool, plus the "Patio Poncho" story. If you’re a solo inventor struggling to bridge the gap between a great idea and a profitable product, this breakdown of common (and costly) mistakes is your new blueprint. Hosted on Ausha. See ausha.co/privacy-policy for more information.

People in this episode

Host: Rita Crompton

Guest: Eugenia Kelly

Topics covered

• invention
• pricing strategy
• common mistakes
• solo inventors
• product profitability

Keywords

• invention
• pricing rule
• Multiply by 5
• profitability
• common mistakes

Mentioned in this episode

Products: Unboxy, Patio Poncho

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