Inventing a new product can be a difficult task for any entrepreneur. There are so many bases to cover when pushing your idea through that often times your invention is swept under the rug due to lack of knowledge about what you should do next. Getting your invention created and product on the shelf can be a grueling process without assistance. Louis Foreman, founder of Edison Nation, created a place where all of what an inventor needed would be under one roof. We sat down with Louis to learn more about Edison Nation and how the business was started.
What’s your background?
Why did you start your business?
In 2001, I created Enventys because I identified a need within the product design and development space. Essentially, I wanted to assemble all of the talent and resources one would need to develop an idea into a real product under one roof. For many innovators and companies, you’d have to individually hire an industrial designer, a prototyping expert, a marketing expert, and further to see your idea fully realized. At Enventys, this talent is all working as one team, ready and able to work with each client project. We’ve worked with a variety of companies ranging from Britax to Bank of America and Newell Rubbermaid.
Along the way, I’ve encountered so many imaginative, creative people who have ideas for new products, but lack the time or resources to really do anything with that idea.
The inspiration for Everyday Edisons came from our wish to help and educate these individuals. With the success of the TV show came the need for EdisonNation.com, a website dedicated to capturing great new ideas anytime, anywhere and from anyone.