Meet our delivery partner: Mark Sheahan
Mark is the Business & IP Centre’s Inventor in Residence, as well as the President of the Institute of Inventors & Patentees (a registered charity), Managing Director of Compgen Ltd (Licensing) and Proprietor of Plasgen Design (Product Design). He is also Chairman of Morgan Goodwin Ltd (Online Trading Platform) and Ambosco Ltd (IT Development). He’s also a Fellow of the Royal Society of Arts and Vice Chairman of the Round Table of Inventors (CTRI). Here’s a bit more information about him and how he can help you at one of his Ask an Expert sessions…
I’m an experienced business owner with a demonstrated history of working in the inventing, business mentoring and licensing industry. My specialities are in business planning, invention, entrepreneurship, manufacturing, plastic injection moulding, packaging closure technology, intellectual property and licensing.
One of my inventions, SqueezeopenTM, won me the accolade of Inventor of the Year in the UK and the top Grand Prix Award at INPEX in America. The product is an easy open and close plastic container.
My Ask an Expert sessions are confidential, free one-hour meetings and are aimed at inventors, innovators and entrepreneurs. I suggest, to get the best out of the hour that they bring everything they can bring to the meeting, particularly samples, working or not, drawings and patent documentation, if applicable.
I see my role as nurture and clarity and try not to be judgemental in anyway. In fact, I like seeing people as early as possible, even with half-baked ideas/inventions. As, all too often, they take a wrong path and spend time and money unnecessarily.
My first question in the meeting is normally about the idea/invention itself, as it does not matter how well you do everything else, if it does not work or has a major flaw/s the project is likely to fail. As an engineer, I can generally spot manufacturing problems and advice accordingly. Another area I like to explore with entrepreneurs is whether it is the best solution, being either cheaper or better, ideally both.
Once I am happy with the idea/invention and only then I will move on to the business side, e.g. intellectual property position and strategy, business model, manufacturing, sales and marketing and, if applicable, licensing.
It is very easy to get overwhelmed with advice, so you end up not knowing what to do next. I try and give that clarity and re-motivate anyone who comes to see me to take those steps.