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Don's New Book is Available For Pre-Order
Don's newest book, The Risk-free Entrepreneur:
The Idea Person's Guide to Building a Business With
Other People's Money, is now available for pre-
order. In this book, Don delves deep into how to be
an Outsource Entrepreneur. The book is scheduled
to be released in the spring, but if you want to
reserve your copy, or buy any of Don's other books,
click below.
Order Don's New Book Now
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Greetings!
In this issue we have a great story about Tim
Kehoe, inventor of Zubbles. When I started reading
about Kehoe, I was first excited because he is a St.
Paul native, like me, but as I read on I was amazed
at his story. Be sure to read it because I think it will
inspire all of you. We also have another great article
about how to break into big markets using private-
label deals. This issue is a little earlier than usual
due to the holiday season. We thought you might all
be too busy to read later in the month. Maybe this
month has been time for inspiration as you walked
around malls and thought of gifts for people. Some
people's best ideas come from looking at other
products.
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| How to Break Into Big Markets |
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When inventors start their own companies, they
usually take the same path: targeting small markets,
then once they get a foothold in that market, they
expand into another small market. After reaching
most or all of the small markets available to them,
many inventors are stuck: they want to sell to big
retailers, but they have only one product and are not
big enough to guarantee delivery. How can this
obstacle be overcome? Private-label deals.
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Read on... |
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| Inventor Story: Tim Kehoe |
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Tim Kehoe had a great idea: he wanted to make
brightly colored bubbles. Bubbles have had longevity
nearly unmatched in the toy market. In addition,
bubbles, since their commercial introduction, have
remained largely unchanged. The same bubbles you
blew as a child were pretty much the same as the
ones your grandparents blew. They are still
purchased in large quantities. Kehoe thought he had
an easy way to make a fortune. Why hadn't anyone
thought of this before?
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Read on... |
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| Question for Don |
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Dear Don,
I have developed a great new food product but I
have no idea how to start to market my idea. Should
I try to license my idea or should I try to sell the
product myself?
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Read on... |
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