In talking and counseling with many inventors and entrepreneurs over the years, there is one recurring exclamation that I hear : "If I could just get my hands on some $$$, I could really turn this idea into something big!"  And I want to tell those people one thing: no, you won't.  Why? Because so many of these people, being too focused on the wrong thing at the wrong time, are headed for disaster. 

 

You put 3 things into an invention, product or startup: you put your time, you put money, but there is this third thing, this very antiquated word, called Wisdom, that is vitally important for inventors & entrepreneurs.  And of these 3 things, Wisdom is the most important. 

 

There's an old proverb that says that wisdom is more valuable than gold.  And that's really true if you think about it.  It doesn't matter if you're a multi-billion dollar corporation or a one-person micro business; if you don't acquire the wisdom first, you will take that time and money and likely throw it down a hole. Why? The answer is extraordinarily simple yet missed by so many: if you don't have the wisdom first, you'll likely spend the time and money in the wrong places.

 

Don't confuse wisdom with being just being really smart. There's a big difference between wisdom and knowledge. Knowledge will tell you that a tomato is a fruit; wisdom tells you not put it in a fruit salad.

 

How do you acquire this valuable wisdom? By taking survivable risks and learning from the mistakes, and by surrounding yourself and learning from others who have already made those mistakes.  

 

One way you can surround yourself with the right people to gain the wisdom you need is to join us at the next  Inventors Council Free Open Meeting in Lexington on Tuesday, May 2nd as we hear from Bob Sager with Spearpoint Solutions. 

See all the details below .

There's lots of ways we can help you.  One is by becoming a member and  Joining  Online .   Membership includes a full-year of exclusive admission into our unique Workshop for Inventors & Entrepreneurs, as well as other great benefits and opportunities throughout the year.

We're also now offering 1-2-1 Consulting to help you with your invention, startup or business.  This is one-on-one, personalized counseling, coaching and mentoring to help you get on the right track fast with your idea.  Find out more by going to the 1-2-1 Consulting link here. 

I'll be looking to see you at the Inventors Council in Lexington on Tuesday May 2nd! 

Don 

We'll See You 

at the  next 

Free Open Meeting 

in Lexington

on Tuesday May 2nd!