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Inventor Quote by Lonnie Johnson

“Being an independent inventor is tough. You develop a product, patent it, then you're looking for someone who will see the benefit from this technology. You assume all the investment and all the risk. It can be a challenge.” quote by Lonnie Johnson
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“Being an independent inventor is tough. You develop a product, patent it, then you're looking for someone who will see the benefit from this technology. You assume all the investment and all the risk. It can be a challenge.”

Lonnie Johnson

About This Quote

Source Interview: Technology Innovator Talk, 2015

Inventing independently demands bearing full risk and cost, making success dependent on finding partners who value the invention.

In simple terms: Inventors face risk and need supportive partners.

Key Takeaway

Seek allies who see your product’s value.

Themes

innovation risk entrepreneurship

Mood

pragmatic determined

Type

business motivational

When to use this quote

  • startup funding
  • product development
  • patent licensing
  • risk assessment

Key Concepts

Intellectual property venture financing

Questions to Reflect On

  • How can inventors attract the right partners?
  • What strategies reduce personal financial exposure?
A Different Perspective

Finding partners can be extremely difficult.

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