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How To Become A Millionaire Through Invention, 4 Important Basic Skills You Need To Know

Once Tesla said "The scientific man does not aim at an immediate result. He does not expect that his advanced ideas will be readily taken up. His work is like that of the planter - for the future. His duty is to lay the foundation for those who are to come, and point the way".

It is obvious that you can become a millionaire or even a billionaire through invention although is not simple to invent. This is just a first stage in the process. We always find that after every invention, it requires more skill and more research or improvement every day to achieve something bigger. 

Sometimes it is important to partner with someone who have a business if the invention is based in the same field. A good example is 20 people invented the light bulb before Edison who is well known. Edison partnered with J.P Morgan who came up with the system of marketing and distributing the light bulbs.

The easiest way to become rich from your own invention is to market your invention your own. If you make and sell it, you make most out of it. Again you can sell your invention to big companies .

To answer the question how to become an inventor is quite difficult but there are many ways to approach it. For those in the field of science and technology they can study and come up with new ideas and solve problems. This is called invention.

Skills required

1. Invention must have high commercial value and large market with high future demands forecast.

2. Keep it as a trade secret by obtaining a well written patent on the invention. 

3. The inventor must be able to produce patented product or license someone else to make it.

4. Market your product to investors and collect the money from profits or loyalties. 

If you rich 1 million you are a millionaire and when you rich 1 billion you are a billionaire. Congratulations.

Content created and supplied by: dan.newsKe (via Opera News )

Edison J.P Morgan Tesla


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