Innovation brings its true rewards

An Invent2win Competitive Products product story

Edited by the Engineeringtalk editorial team Feb 18, 2003

Invent2win Competitive Products has implemented its Associates Contractors Programme to develop its product concepts.

Invent2win Competitive Products has implemented its Associates Contractors Programme to develop its product concepts.

This nationally heralded programme offers technical professionals 2-10% up to $2,000,000 in exchange for applying their skills and expertise to new product concepts.

In the battle to create new things to sell, the footsoldiers (ie engineers, developers and designers) have been used and have only been given the option of using their skills and expertise in a salary or hourly pay rate scenario.

This is great in the event that the product does not perform as intended, but quickly looses its appeal if the product becomes a multi-million-dollar seller.

Invent2win now extends the offer to technical professionals to earn based on the success of every product, to which they apply their skills and expertise.

It is Invent2win's philosophy that each person that uses his or her skills, knowledge, creativity and innovation in developing a new product, should be rewarded based on the level of their innovation, and the success of the resulting product.

Personnel with technical skills can learn more and register themselves and their skills with Invent2win Competitive Products online.

Invent2win's product development teams are assembled from the company's registered personnel database, based on their experience, educational background, and self-motivation.

Having been recently featured on Alexander Haig's World Business Review television show, this nonconventional approach to the product development business is being well received nationally by professionals with technical backgrounds ranging from information technology to multiple engineering and design disciplines.

This approach creates a win-win situation by providing I2W with the best designs for their products and great compensation packages for developers.

Invent2win Competitive Products develops a wide range of products ranging from ergonomic, medical related, software, mechanical devices, information technology products, chemical products and more.

Many of the product ideas originate from within the company, while others are obtained via innovative outside submissions.

Outside submitters of ideas, first attend the "Mining your life's experiences" seminars on intellectual property.

These seminars teach delegates to view their life's experiences with a focus on viable product ideas and informs the common man of the processes necessary to protect, develop and license their ideas, all while providing an avenue for the ideas to become reality.

Companies are able to register at the site and indicate the types of products of interest.

This allows for companies to have the inside track on new products as they are developed.

By providing low cost training and assistance to those with ideas, lucrative opportunities for product developers and a location for companies to license a diverse array of exciting new products, Invent2win Competitive Products has become a hub for new product development.