Bugs Talk At MIM 11th Dec 2009


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Creativite ideas for new gadgets, products and processes do constantly appear in the mind of many Managers, CEOs and Captian of industry. Such new ideas are also found in the mind of middle level managers as well as staffs on the factory shop floors. But in reality many people do not know how to handle such fresh ideas. New ideas pops-up easily but it also fade away easily. Ideas are cheap if they are not properly developed.

Hence it will be beneficial if you could learn from the expert on how to developand and manage creativity and innovations. The facilitaor will also take you through a set of simple questions where you can do a test to check if your idea is good enough. Such test will enable you to avoid making bad decision and save you from bruise and heart broken if your ideas are weak. For those people who possess good quality ideas can also learn from the facilitor the way foward. He will take you through a step by step methodology on how to trun those ideas into a winning product in the market place.

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Bugs Talk At MIM 11th Dec 2009

  1. 1. Turning Ideas Into Innovations Bugs Tan
  2. 2. About Uncle Bugs A  LOVE  BUG... Name : Bugs Tan Age : 49 years old Nationality : Malaysian M status : Happily Married Children : 2 Young Inventors Profession : Inventor / Author Nos. of Inventions : Filed 15 inventions to his name. Other talents : Adjunct Lecturer, Facilitator and Thinker Sports : Former National Cricket Player Social work : Co- Founder of the Malaysia Association of Creativity and Innovation (MACRI)
  3. 3. Winner - National Innovation Award Mr. Bugs Tan receiving the Award from the Prime Minister
  4. 4. <ul><li>Mr. Bugs Tan Receiving the Award in Mumbai INDIA </li></ul>International Excellent Award for Innovation - Mumbai INDIA All rights reserved © Uncle Bugs 2009
  5. 5. National Industrial Design Award <ul><li>Bugs Tan receiving the Award from the Ministry of Domestic Trade & Consumer Affair </li></ul>
  6. 6. <ul><li>National Inventor Award Multi-locking Pulley MOSTI Malaysia 2000 </li></ul><ul><li>Short listed National Inventor Award MOSTI Malaysia 2001 </li></ul><ul><li>Silver Medal Multi-locking Pulley Switzerland 2001 </li></ul><ul><li>Silver Medal Extruded Alum Coupling ITEX Malaysia 2002 </li></ul><ul><li>Bronze Medal Light Weight Grating ITEX Malaysia 2002 </li></ul><ul><li>Bronze Medal Multi-locking Pulley S&T Malaysia 2003 </li></ul><ul><li>Nominated SMI Award Innovator / Entrepreneur SMI Malaysia 2004 </li></ul><ul><li>National Innovator Award Lite-walk Grating System MOSTI Malaysia 2007 </li></ul><ul><li>Int Excellent Innovation Award Bugs Tan Indira Institues INDIA 2009 </li></ul><ul><li>Industrial Design Award Lite-walk Grating Ssytem MyIPO Malaysia 2009 </li></ul>Winner of 10 National Awards
  7. 7. Pulley Coupling Chiller Can Singing Donation Box Drugs Mixer Out Door Air-cooler Katapila Track Machine Fan Filta Combo Spoon Grating panels Vibrating Earring Animations Invention Workbooks Stories For Kids Bugs’ Range of Inventions
  8. 8. Passing knowledge to Students… <ul><li>Adjunct Lecturer </li></ul>MARA
  9. 9. Social Contributions <ul><li>Building the next generation of inventors & Scientists </li></ul>
  10. 10. All rights reserved (C) Uncle Bugs 2009 Family of Inventors
  11. 11. <ul><li>Amanda Tan </li></ul><ul><li>Born : 29 th Oct 1994 </li></ul><ul><li>Today : Form 3 SMK Bandar Utama, PJ </li></ul><ul><li>Qualities : Warm, Out going, compassionate. </li></ul><ul><li>Down side : Forgetful, untidy, </li></ul><ul><li>Personality : Logic thinking, always wear a </li></ul><ul><li>smile and has high self esteem </li></ul><ul><li>School work : Average student, preferred sport </li></ul><ul><li>and reading rather school books </li></ul><ul><li>Skills : Good human interactions, writing. </li></ul>All rights reserved (C) Uncle Bugs 2009
  12. 12. All rights reserved (C) Uncle Bugs 2009 Amanda Tan May 2003 9 yrs old Won BRONZE Medal at ITEX 2003 for the Invention of the Vibrating Ear Ring August 2003 9 yrs old Won GOLD medal at the International Student Invention Exhibition. Korea April 2007 13 yrs old Won Consolation Prize for Young Inventor during the National Intellectual Property Day Oct 2009 15 yrs old FINALIST for APICTA AWARD
  13. 13. <ul><li>Amelia Tan </li></ul><ul><li>Born : 8 th Nov 1996 </li></ul><ul><li>Today : Form 1 SMK Bandar Utama </li></ul><ul><li>Qualities : Tidy, objective. </li></ul><ul><li>Down side : Calculative . </li></ul><ul><li>Personality : Logic thinking, diligent, </li></ul><ul><li> very confident </li></ul><ul><li>School work : Above average. </li></ul><ul><li>Ace card : Creative thinking mind, able </li></ul><ul><li>to conceptualize ideas </li></ul>All rights reserved (C) Uncle Bugs 2009
  14. 14. Amelia Tan All rights reserved (C) Uncle Bugs 2009 May 2003 7 yrs old Won BRONZE Medal at ITEX 2003 in KL for her Invention of the Heater Swimming Suit July 2003 7 yrs old Won SILVER medal in at the International Student Invention Exhibition. in Korea July 2003 7 yrs old Awarded the SPECIAL award for being the YOUNGEST FOREIGN Inventor by the Vietnam Ministry of Science
  15. 15. Amelia Tan All rights reserved (C) Uncle Bugs 2009 August 2003 7 yrs old Listed in the Malaysia Book of Records as the YOUNGEST INVENTOR in the country May 2006 10 yrs old Won a GOLD Medal at the ITEX 2006 KL for the invention of the Combo Spoon April 2007 11 yrs old Won Consolation Prize for National Young Inventor Award during the National Intellectual Property Day Oct 2009 13 yrs old FINALIST for APICTA AWARD
  16. 16. Combo Spoon Singing Donation Box Heater Swimming Suit Car Toilet Seat Vibrating ear Ring Normal playful kids All rights reserved (C) Uncle Bugs 2009
  17. 17. How to be Creative …? <ul><li>Let’s examine…. </li></ul>Turning Ideas Into Innovations
  18. 18. Secret of a Successful Inventor <ul><li>Mind is the forerunner </li></ul><ul><li>of all Inventions - Bugs Tan </li></ul>Due to its invisibility to our naked eyes, most people are ignorant of its present. Turning Ideas Into Innovations
  19. 19. The Uncle Bugs Formula to Success <ul><li>. </li></ul>1. Dedication 2. Determination 3. Destination 4. Discipline Turning Ideas Into Innovations 4 D
  20. 20. What is Creativity…? <ul><li>Creativity is the result of the thinking in a person where he is able to conceptualize an idea in his mind when other people have not thought about it yet. </li></ul>Creative ideas are form of thoughts that are not norm at that present moment of time. Turning Ideas Into Innovations
  21. 21. What is Inventions…? <ul><li>Invention is the results of a creative thought that have been turned into a new product. </li></ul><ul><li>An invention can also be a new process of manufacturing. Or a new method of service. </li></ul>However, an invention is something that has not been fully commercialized yet. Turning Ideas Into Innovations
  22. 22. What is Innovations…? <ul><li>An innovation is a new invention that has been mass produced and found its way into the market place. </li></ul><ul><li>An innovation normally has some better features over similar product that are currently found in the market. </li></ul>A new innovative product is normally a threat to the existing business. Turning Ideas Into Innovations
  23. 23. Where is Malaysia today? Tak nampak pun… Turning Ideas Into Innovations
  24. 24. Turning Ideas Into Innovations… Turning Ideas Into Innovations
  25. 25. Step 1 - Start by conceptualizing an Idea <ul><li>This world is not a perfect place. </li></ul><ul><li>There is so many things you can create to make life better. </li></ul><ul><li>Being observant is the starting point </li></ul><ul><li>Look at things around you at home, work or play. </li></ul><ul><li>There should be something you can invent. </li></ul>Look through your eyes, conceptualize with your mind Turning Ideas Into Innovations
  26. 26. Step 2 – Check Your Idea 1. Is your idea new? 2. What does your friends think about your new idea? 3. Do you think you can make a working model? 4. Do you have the money to spend on this project? 5. Do you have the time to work on this project? 6. Are you able to get help for this project? 7. Do you know who are your customers? 8. Are you sure they will buy your product? 9. Do you know the cost to manufacture this product? 10. Are you sure you can make a good margin? Turning Ideas Into Innovations
  27. 27. Step 3 - Raise fund for your Project <ul><li>Raise fund by applying for a grant from the government, or </li></ul><ul><li>Use your own fund </li></ul>Turning Ideas Into Innovations
  28. 28. Step 4 - Make a Prototype / Working Model <ul><li>Create a working model to see if it works. </li></ul><ul><li>You will need to do most of the work by yourself. </li></ul><ul><li>There will be a need to buy materials, seek special services, outsource certain processes, monitor the work, take the work back to the workshop and a host of other things that would need your attention. </li></ul>Amelia testing the concept of a “ multiple remote control switch for florescent light” Turning Ideas Into Innovations
  29. 29. Step 5 - Filing a Patent <ul><li>Filing a patent gives you the rights over your idea for 20 years. </li></ul><ul><li>However, it will be a waste of effort and money if your product cannot sell. </li></ul><ul><li>The first person to file a patent is the rightful owner to that idea. </li></ul>You can file a patent by just having an idea Turning Ideas Into Innovations
  30. 30. Step 6 – Do a Valuation for Your Invention <ul><li>It puts a price on your new invention </li></ul><ul><li>Its a tool to bring potential investor to the discussion table </li></ul><ul><li>It allows your potential investor to understand your invention </li></ul>All new technology has a price to it Turning Ideas Into Innovations
  31. 31. Step 7 - Commercialization Route to Commercialization 2. Licensing Earn Royalty through Licensing 1. Sell off your Invention Sell your IP out-right 4. Seek investors Family members Friends Angels / VCs 3. Seek Synergy Partners JV with Entrepreneur <ul><li>Commercialize </li></ul><ul><li>by yourself </li></ul><ul><li>Self funding </li></ul>Commercialization - Manufacturing & Marketing Turning Ideas Into Innovations
  32. 32. Parting Words… <ul><li>In my mind, an invention is a creative gift from an inventor to human race. Every inventor creates a new invention with the purpose of improving our life, preserve the environment and making this world a better place for all. </li></ul><ul><li>With this noble aspirations, let’s join hands and do our part to make this dream come true. </li></ul><ul><li>Bugs Tan </li></ul><ul><li>MIM 11 th Dec 2009 </li></ul>Turning Ideas Into Innovations
  33. 33. Terima kasih…! <ul><li>Mobile </li></ul><ul><li>013- 388 7800 </li></ul><ul><li>Blog </li></ul><ul><li>www.uncle-bugs.blogspot.com </li></ul><ul><li>Email bugstan@gmail.com </li></ul><ul><li>Website </li></ul><ul><li> www.bugstan.com </li></ul>Thank You! Turning Ideas Into Innovations
  34. 34. Turning Ideas Into Innovation Q & A Thank you