One of its own, Vladimir Guerrero, was inducted into the Baseball Hall of Fame in Cooperstown, N.Y. A few people from the small island nation even traveled from the island to witness the induction first hand.
As Guerrero was giving his induction speech, I was headed to Santo Domingo for my first trip to the island — having been chosen to complete a project for the Young Leaders of America Initiative (YLAI). I collaborated with my Dominican friend, Emil Rodriguez and Eric Gorman, owner/designer at Wily LLC in Charlotte, to run an innovation boot camp for Dominican college students.
But what exactly is crowdfunding? Where do you do it? Is it a fit for your product idea? How should you get started? What are some tips to help your idea find success?
All great questions and we’ve got you covered in this InvENting 101 post where we are taking a closer look at all things crowdfunding.
According to Webster’s Dictionary, Crowdfunding is “the practice of obtaining needed funding (as for a new business) by soliciting contributions from a large number of people especially from the online community.”
$34 billion — Global Amount Raised by Crowdfunding
$5.5 billion — Reward…
“Led by our Council to Address Aging, Massachusetts is thinking differently about aging and we are proud to be one of the few states in the country certified by AARP for our commitment to become more ‘age-friendly,’” said Governor Baker. “The In Good Company Challenge is a great opportunity to improve the lives of older adults. We look forward to seeing what this challenge will develop so that Massachusetts can help ensure that those who grew up, raised families and built our communities, can continue to contribute their energy, experience and talents toward making Massachusetts a great place.”
A few years ago Edison Nation did a random survey asking respondents if they had a great idea. Of the 483 people surveyed:
The big takeaway though?
That number, 2 percent, has stuck with me over the years. In a past InvENting 101 post, we talked about “Fear and Inventing” and outlined reasons why people decide NOT to share their ideas. …
The term feedback is defined as follows:
Information about reactions to a product, a person’s performance of a task, etc., used as a basis for improvement.
Feedback and opportunities to use that feedback helps to improve and enhance, whether an individual, group, business, business unit, company, or organization — and that information can be used to make better informed decisions.
At Edison Nation, feedback is provided to our Insiders on…
You’ve actually had it for a while. You know you don’t have the time or the money to bring it to life yourself, but you’d love to see it on store shelves. What should you do? You may have heard that Licensing is an option, but you’re new to this?
What the heck IS licensing and how does it work? Let us explain.
Licensing is defined as: permitting the use of something or allowing an activity to take place.
There are several different types of licensing: patent licensing, brand licensing, media licensing, trademark licensing and more. …
How can you participate? Wear your sneakers (or take them with you), and at some point in the day, take a 30-minute walk. Use the #NationalWalkingDay to post on social media and to learn more, visit www.heart.org.
Throughout the year, Edison Nation partners with a variety of different companies who are searching for new innovations — these partnerships result in sponsored searches. These searches are often the result of many conversations over long periods of time with potential partners outlining our process, our community and how we can help bring them innovation beyond their four walls.