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Coatesville Businesswoman Provides Tips for Inventors

Oct 20, 2023 | Coatesville

You’ve had this nagging idea that you think might change the world and make you a load of dough. But where to start – what to do – with what might turn into your Edison-like invention? Susan Springsteen, of nth Solutions, LLC., has put out a road map of how to make your idea a reality after penning a chapter in the book, “Secrets of Successful Women Inventors by Edith G. Tolchin.” Springsteen’s chapter is titled, “The nth Solutions, LLC Storyv – Advancing Innovation from Concept to Revenue.” This Coatesville businesswoman provides tips for inventors in her new book.

Springsteen said that many inventors with great ideas just don’t know where to start and are overwhelmed.“They are afraid of someone taking advantage of them,” Springsteen said of budding inventors. “They don’t even know what questions to ask.”

And product development can be very expensive. Inventors typically dip into their savings to get started and bring an invention to life.

Will the product sell to the end user at a reasonable or target price point? Springsteen asked. “We start every project with a market study,” she said. “You really have to know who your end user is. You have to know who your customer is.” Springsteen is an international equine athlete and wrote that she was surprised that sport compares to inventing through habits, attitudes, resilience, financial risk, mindset and teamwork. nth Solutions works together and in-person as a team.

“We believe the quickest and most cost-effective environment is to have the critical thinkers of the ‘village’ collaborate in person, under one roof,” she wrote. “This encourages and readily facilitates the constant flow of information and ideas…”

“This may require the team to turn on a dime to keep moving forward without burning up precious time, capital or mitigating an opportunity.”

Springsteen pointed to the success of nth Solutions created, H2O Connected, and its multi-patented product line, LeakAlertor. The devices save substantial amounts of water, while monitoring water wasting toilets, and is perfect for places with many toilets such as hotels and apartment buildings.

nth Solution’s senior engineer was perturbed when his upstairs toilet flooded three times over two months in his brand new home. He assumed there must be a product to prevent leaks and overflows but after researching it found none that had been marketed. Much research was conducted, resulting in the inventing of the LeakAlertor.

“Potential customers’ buying habits, price points, attitudes about technology, and knowledge of the problem were all studied and evaluated,” Springsteen wrote. Inventors need to start with a goal.

“Before starting on this journey, think through what you want at the end of the day,” Springsteen wrote. “What is your exit strategy? “It’s a marathon, not a sprint.”

For the full, unedited article by BILL RETTEW visit Daily Local News. For more Coatesville news, visit the 19320GO Homepage!

Posted by Monica Ferguson

Monica is a senior at West Chester University studying Digital Marketing. She is excited about moving to Chester County and eventually starting her career there after graduation.

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