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Bad Timing For Inventors?
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greg bruce
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Is it possible to quantify the effect this current worldwide economic malaise has on the launch of products? Anyone here involved in the industry have any comforting information that would alleviate the anxiety of the timing issue?

posted December 01, 2011 15:50 (
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joseph jackson
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Andrea,you go girl.

posted December 04, 2011 14:41 (
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greg bruce
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A big resounding congratulations Andrea! I hope they sell ten million.
I don’t mean to rain on the pollyanna parade but it’s not ground breaking news to hear that inventors are optimists. Forget I broke the seal on the seventh scroll. I’ll tape it back up and no one will even notice.
Ralph I love all that; you are the man. But you have to admit it’s the “What ifs” that keep us alive and out of jail i.e. Don’t play with fire, what if? Don’t run with scissors, what if? Don’t put your sisters pony tail in the garbage disposal, what if? : )
Thank you all again for your advice.

posted December 04, 2011 14:16 (
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Andrea Zabinski
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Carol well said…also, the product idea has to be a big winner too, it’s about timing and a great product…

posted December 04, 2011 12:11 (
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Carol A. Williams
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Greg, I must restate, my conviction:

“This current worldwide economic malaise” an “inventor’s haven.” Identify a need, figure out how to solve it, and the consumers with that need will buy it. Eggies is a “good example.” :-)

posted December 04, 2011 10:35 (
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Toni LaCava
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Great talking to you Zabber xo

posted December 04, 2011 10:13 (
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Andrea Zabinski
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Toni, I will email you!! :) AND THANK YOU!

posted December 04, 2011 07:40 (
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Laura Anderson
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Congratulations Andrea!! :-)

posted December 04, 2011 07:32 (
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Toni LaCava
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Congrats Zabber, did Lifetime ask you to sign the contracts first and then they start testing or vice versa. I know someone who was
asked to sign first and then started testing. The reason being they wanted to make sure if they had a hit the person who signed
wouldn’t change their mind. Either way I am very happy for you Andrea.

posted December 04, 2011 07:25 (
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Andrea Zabinski
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Greg I just received a contract from Lifetime Brands my experience is that companies are always looking for new and innovative products, especially kitchen products with any downturn! People are staying home more, cooking at home more and the kitchen industry (specifically) is booming…so, other than the kitchen industry, I think if you looked at the businesses closing its usually bad decision making and also no innovation in most cases…companies IMO need innovation to stay alive, so keep on with your efforts.

posted December 04, 2011 05:01 (
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Ralph Machesky
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For what it’s worth-

The fact that EN and thier sponsors control the decisions that will be made kinda puts the whole question in perspective: There is nothing you or I can do about it anyways. Why worry about ‘what ifs’ when you cannot control or influence the outcome anyways? I understand the reason for your concern, but seriously… relax. Your’e an Everyday Edison and hopefully onto bigger and better things regardless! : )

Please don’t take this the wrong way, I’m not all trying to negate your statement at all, since I had the same thought for a moment (after I learned of the impending EU collapse) … and quickly dismissed it. I find that half of life’s challenges are knowing what to worry about in the first place. The Serenity prayer goes like his:

God, grant me the serenity
To accept the things I cannot change,
Courage to change the things I can,
and wisdom to know the difference.

And I’ll leave you with my favorite M.I.B. movie quote (trying to remind myself of this as well)

Agent K: There’s always an Arquillian Battle Cruiser, or a Corillian Death Ray, or an intergalactic plague that is about to wipe out all life on this miserable little planet, and the only way these people can get on with their happy lives is that they DO NOT KNOW ABOUT IT!

posted December 03, 2011 22:41 (
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greg bruce
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Darwin I get it and I appreciate the pep talk and I’m guessing there are some professionals, executives who deal with black and white, make or break decisions that affect a products destiny, here in this family, and wondering if one might offer his or her insight based on empirical knowledge. Not just subjective optimism but conversation based on objective information similar to what Michael and Chappy have listed. Corporate key decision makers use much more data than that including world economic fluctuations and forecasts. Betsy will tell you that the launch of Eggies was postponed due to an egg recall. Even the best of products has tight margins and launching at the wrong time for instance just before the recall would have had very adverse effects on the all important first quarter sales. Thank God that didn’t happen but it is a good example of the importance of timing.
Scott I agree with the tenet that launching a product in a down economy could be a good strategy for an individual who has the passion to make it successful but I’m not launching the product, E.N. or a corporate sponsor is and they don’t think the same way. Corporate decisions involve many departments and forecasts and assumptions and investor risk.
Carol I appreciate your links too but they don’t address the corporate mindset and that is where we place our products when we let them go here.
I’m not complaining.

posted December 02, 2011 20:58 (
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Darwin Roth

Greg, are you so sure you fit here? lol The time it takes to win on en or and the time it takes to get a product to market, let alone making a profit. You gotta be a super optimist to keep going…

posted December 02, 2011 13:20 (
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Carol A. Williams
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Greg, Here is another interesting read and fairly current as of December 1, 2011, “USPTO Moves Quickly to Implement American Invents Act”

I would consider “this current worldwide economic malaise” an “inventor’s haven.”

http://www.uspto.gov/inventors/independent/eye/...

posted December 01, 2011 22:03 (
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Charlie Lumsden
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Infrastructure sucks (up a lot of loose change), but so then does space and time. Getting your feet wet in the Rio Brands search yet? Boa noite

posted December 01, 2011 21:47 (
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Michael Heagerty
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Things are going well for our company Greg, which tends to be a pretty good indicator across the board.
Here are some of our transportation stats from earlier in the year;

 Agricultural Products volumes were up 3 percent in the first quarter 2011 compared with the same period
in 2010, primarily due to increased export wheat shipments.
 Industrial Products volumes increased 15 percent in the first quarter 2011 compared with the same period
in 2010, primarily due to increased demand in construction products, reflecting increased shipments of
taconite and steel products.
 Coal volumes increased 2 percent in the first quarter 2011 compared with the same period in 2010,
primarily due to strength in PRB coal-fired electricity generation.
 Consumer Products volumes were up 12 percent in first quarter 2011 compared with the same period in
2010, as increased consumer spending and inventory replenishment resulted in strong growth in
international intermodal, domestic intermodal and automotive unit volumes.

This year we were able to put approximately $3.8 billion back into our infrastructure…could be worse.

posted December 01, 2011 17:58 (
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greg bruce
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Thank you one and all, a welcome surprise to be sure. I didn’t expect such optimism. Quite revealing of the American spirit. Vive la E.N.!

posted December 01, 2011 17:54 (
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Carol A. Williams
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I think not Bruce! Check out this article. Keep on inventing!

http://www.usatoday.com/money/smallbusiness/201...

It is quite encouraging!

posted December 01, 2011 17:26 (
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Carol A. Williams
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I think not Bruce! Check out this article. Keep on inventing!

posted December 01, 2011 17:24 (
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K J
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EGGIES should give you some comfort. :-)

posted December 01, 2011 17:17 (
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James Chapman
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If you want the worms view from a Realtor… Last year at this time we had more than 15000 listings on the market as a volumous supply holding prices low. This year we have only 8000 llistings on the market and some properties in some areas are selling for more than the lowest price comparable. That is a condition that hasn’t been true since 2005. Real estate markets are not the end-all indicator to the economy but it is a barometer. My two cents…

Funding for projects is still on lock and I have a direct “In” on that, I think.

posted December 01, 2011 17:11 (
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Darwin Roth

Stop watching the news, remember, sad sick and the like sells. The news is a business, be choosey. Or not, I choose to look for the earthy stuff on a local level.

Remember how good of a black Friday we just had, for example.

posted December 01, 2011 17:08 (
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Scott Thieman

It really boils down to is it good timing for you. What anybody else thinks or says doesn’t matter. It’s what you believe, not what you know. Trust me, if you want all the facts, you will be left wanting.

When I started my business it was the beginning of this recession. My business has continually grown. The business became self sufficient this year (making a profit) and I don’t have to invest anymore into it. If I do it will just mean that I’m more efficient than I was before (hopefully).

If one starts during a great boom, and the economy tanks, where would you be? No one knows. If it’s right to start for you now, and the economy takes off where would you be? No one knows.

posted December 01, 2011 17:06 (
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greg bruce
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Darwin I appreciate your optimism and compliments to Cat. I also heard today from the Europeans the Euro is on the brink of collapse and I believe they are our biggest trading partner. I cant help but imagine the ambiguous effect these dynamics have on the strategy at E.N.

posted December 01, 2011 16:55 (
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Darwin Roth

Greg, ol buddy, my opinion on this, you are just thinking way to hard…lol Take that lovely lady on a cruise or something fun.. I am seeing more broken ground around town and the house across the street just got flipped,,,,have not seen this much activity in a long time.

posted December 01, 2011 16:15 (
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