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So you’ve got a great new invention that’s going to change the world and/or make you incredibly rich? The question now is what do you do with that great idea and how do you take it from an abstract concept floating around inside your skull into something that you can sell to others on a large scale and that will change the world for the better?

Well this will partly depend on your invention, and if you’ve come up with a new piece of software for instance then you will not really need any manufacturing and can rather just roll the idea out yourself and see if it takes off. It worked for Mark Zuckerberg, and it can work for you.

However for most of us our great ideas are not software inventions, but rather practical things that can really help us around the house. Things like chair designs or new tools that fulfill a need that’s there. These Eureka moments come at times when we find ourselves trying to do something and struggling more than necessary. Wouldn’t it be a lot easier ‘if’ we think – and that’s when we have the great idea. It might be a new type of packaging that keeps food fresher while being easy to use for the consumer, or it might be a new type of game that families can play together.

Throughout history there have been countless instances of these Eureka moments and they have very much shaped the way society is today. Every time you use a screwdriver, drink out of a cup, lean at a desk, play with a power ball gyroscope, walk on stilts, or sweep with an extra long broom… you are using someone else’s invention. Did you know that the Hoover vacuum cleaner was invented by none other than President Hoover? Likewise perhaps even more surprisingly the cat flap was invented by Isaac Newton!

Henry Ford Leaves a Legacy To Entrepreneurs.

It has been many decades since Henry Ford passed on in 1947, but the impact he left behind is still being felt to this day. Certainly this is a man whose life is a great inspiration to business owners even these days. There is no doubt that this is an example of somebody whose footprints on the sands of time will never be erased.

Despite a very limited, formal education, Ford rose from very humble beginnings to become a giant amongst American entrepreneurs of the past and present and he today he is best remembered as an entrepreneurial genius and visionary.

Ford is best known for his Model T, which is still one of the best selling car models of all time. The remarkable product sales he achieved were made possible by the invention of the assembly line, which enabled him to dramatically boost his production rate and thus cut down on the cost per unit. Currently the concept looks pretty simple and apparent, something that any business leader would have thought of. However at the time it was revolutionary and has continued to have an impact on our modern production processes and systems.

Before the invention of the assembly line Ford’s factory could only develop a handful of cars by the end of the day. Having said that by simply putting the chassis on an Assembly belt that moved forward as workers on both sides of it accomplished little tasks, he was able to dramatically increase the rate at which a Model T Ford rolled off the manufacturing assembly line.