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Backyard Entrepreneur^TM

Ingenious Inventor

Put your thinking cap on and rack your brain.

Make money as an entrepreneur working at home by inventing. Make a business out of the business of inventing. Develop inventive attitudes in others (for a fee, of course).

Inventor

Invent stuff in your barn, workshop, or your living room. People all over the world do this everyday. If you have a tool that you wished worked just a little better or in a slightly different way, make the changes, patent it, sell it. Find a way to improve on the current designs. Or if there was a tool that you wished you had, but surprisingly is not yet available, someone like you just needs to invent it.

You'll need a place to make a mess. Maybe use a picnic table in your big backyard. Create, design. Figure out what needs to be done and do it. Take a risk. You might even come up with something that has not been tried before or improve something that already exists. Make sure you get a patent on your inventions before asking anyone for help creating a prototype.

Teach Brainstorming and the Inventive Attitude

Is one born with an innovative attitude? We think not. Figure out what it takes and sell it to others. So many people want to invent something, but just do not know how to think like an inventor. We think it can be taught. Folks are just so busy with life and the noise that goes with it, they just don't have the time to start to think about how to think like an inventor. Once you figure it out, teach that innovative attitude to others.

Invite everyone over to your place. Learn how to brainstorm. Bounce ideas off your friends and neighbors. Hold brainstorming sessions in your backyard to help others reach their potential. Teach brainstorming principles – for a fee, of course.

Check out our backyard store listed at the bottom of our home page for designs for brainstorming.

Sell Your Inventions

You are now an entrepreneur. Get all kinds of ideas from Entrepreneur Magazine as to how you can create your own business. A good business plan is always a good idea. Don’t forget to include how your product will be marketed. A new idea won’t go very far if no one is aware of it. Figure out how you will sell your inventions. You may need to research distributors. You are never too old and never to young to get started on your own backyard inspired inventions.

A good business plan will help you get the cash to get started. Banks will feel more confident lending to someone with a well thought out plan. Once you have the cash you will need to create that prototype which you can then use to attract other investors or to get started with the manufacture of your product. Once you have the cash to create mass quantities of your new invention it is time to start marketing. One way to advertise your product is to showcase it on a home shopping network. They already have a willing customer base and the infrastructure to ship your product and accept payments.

Go to trade shows.

Once you have gotten the hang of the process, and have made a decent profit, you can start the entire process all over again. Time to invent something else. But this time around you won’t need a bank loan or investors. You can use the profits from your last invention to create and sell your next invention. But this time invite your friends and neighbors to get in on the action.

And don’t forget you have the ability to keep on inventing. There is no reason for you not to be a one hit wonder. Keep Inventing! Check out this neat hammock invention.