Louis Foreman and Edison Nation
There are a lot of people in this world who have great ideas. Their thinking and innovative points of view are great but unfortunately, due to the limited resources, they are not able to turn their ideas into marketable products. So most ideas remain well…ideas. Louis Foreman has identified this group has and created a wonderful solution…Edison Nation. Essentially, Edison Nation was created to connect inventors with companies to help bring new products to the market.
Episode 29…Our Interview with Louis Foreman Part 3…Edison Nation is the third and final in a three part series.
So if you missed Episode 27…Our Interview with Louis Foreman Part 1, please click here
In addition, if you missed Episode 28…Our Interview with Louis Foreman Part 2…Enventys Partners, please click here
Edison Nations Helps Inventors
Edison Nation utilizes a targeted approach to product development and licensing that sets them apart from everybody else. Their dedicated teams use proven strategies to commercialize your product idea whether it’s the next big consumer trend, the season’s top “As Seen on TV” hit or a groundbreaking medical device. So you tell them about your idea and they’ll find the best option for market success. Furthermore if you are a company seeking innovative products, Edison Nation can help you too. Edison Nation was created as the first platform of its kind to help everyday inventors turn their product ideas into real products on retail shelves worldwide.
Edison Nation Today
So Edison Nation is a great resource for inventors. If you have an idea:
- First of All, for $25, you submit your idea for review and hopefully it will be matched with a company who will offer you a licensing agreement. There are a list of companies on their website who are actively seeking products. These companies give you an idea of what they are looking for.
- Next, there is a forum. This is a great place to ask questions you may have from other inventors. It may also be a great place to make a friend.
- Also, there is the Edison Nation Blog. The stories range from Creating the Perfect Sell Sheet to Tips on Prototyping and more. A great resource for all inventors.
For more information about Edison Nation please visit www.edisonnation.com
Everyday Edisons was an American reality TV series that aired on PBS, featuring different inventors who are trying to launch their inventions in the marketplace. Louis Foreman and Michael Cable created Everyday Edisons. The show’s first casting calls were held July 2005 in Charlotte, North Carolina. So they set out to find 12 inventors for the show to follow the development, manufacture and marketing of their inventions and pay the inventors royalties on the sale of their product or concept. Everyday Edisons premiered on April 22, 2007 on PBS, and marketed as “a reality series featuring 14 first-time inventors who surrendered their ideas to product developers to prove a point: The big dreams of little people can make a difference.
While only a few hundred people showed up to the first Everyday Edisons casting call. By Season 3, they were filling major convention centers. Everyday inventors could pitch their ideas to Fortune 500 companies!
So the success of the show highlighted a new opportunity: “What if they could create a marketplace that connected ideas with licensing partners in the consumer products space?” And the result was Edison Nation.
Everyday Edisons Today
Everydayedisons.com is a great resource for inventors, especially new to inventing. Want to know learn about the show or more about the inventors and their inventions from all four seasons please visit www.everydayedisons.com. Finally, do you want to find regional resource for inventors or sign up to the Everyday Edisons newsletter? Please visit www.everydayedisons.com
In Conclusion, I want to thank Louis Foreman for allowing us to interview him He shares truly insightful information available in these episodes. If you are an inventor or think about inventing…we invite you to download, listen, share episodes 27-29…Our Interview with Louis Foreman. And please…tell a friend.