Over the years I have often perused the business sections of book stores in search of a detail-oriented book on developing product ideas and bringing them to market. There have always been dozens of books promising sure-fire riches that are about as informative as your average "Make Millions in Your Basement Selling Pocket Lint" infomercial. So, imagine my surprise when I came across this little gem of a book. Finally a book with details, tons of them. Finally an author who isn't afraid to let the reader know the intimidating chances of success, and equips them with all the information they could possibly hope for without actually getting their hands dirty.
The author makes the distinction of ideas developed by individual inventors and those of major corporations. Because of our lack of capital and connections, we (the individual inventors) are at a disadvantage and must compensate with product ideas that meet higher standards. These standards relate to ease of distribution, product uniqueness, simplicity, obviousness of product benefits, and the cost of manufacturing relative to perceived retail value.
With these "tenets" in mind, the author lays out assorted plans to help the individual develop their product and bring it to market as cost- and time-efficiently as possible. All along the way are details, check lists, do's and dont's, and helpful anecdotes.
I was particularly impressed with the level of detail the author provides for almost every step of the development process. As an example, not only does the author mention the range of materials that can be used to build prototypes, but actually recommends plastic tooling materials (among others) by name.
It is with this eye for detail that the author covers all the subjects in this book. The one understandable exception is the patent process itself which is beyond the scope of the book. However, the author does explain the role of the patent in the development process. Additionally, product licensing is covered in-depth.
One other thing I thought was very helpful was the author's identification of key "go/no go" decisions. That is, identifying if your product is ready for the next step, and if it isn't, either making changes to make it ready, or abandoning it altogether and cutting your losses.
Needless to say, I can't say enough good things about this book. It really shames all the other books I have read on the subject, and has given me a tremendous amount of confidence by answering so many questions, many of which I hadn't thought to ask.