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Turning Ideas Into Innovations Bugs Tan
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)
Winner - National Innovation  Award  Mr. Bugs Tan receiving the Award from the Prime Minister
[object Object],International Excellent  Award for Innovation - Mumbai INDIA All rights reserved © Uncle Bugs 2009
National Industrial Design Award ,[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Winner of 10 National Awards
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
Passing knowledge to Students… ,[object Object],MARA
Social   Contributions  ,[object Object]
All rights reserved (C) Uncle Bugs 2009 Family of Inventors
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],All rights reserved (C) Uncle Bugs 2009
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
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],All rights reserved (C) Uncle Bugs 2009
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
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
Combo Spoon Singing Donation Box Heater Swimming Suit Car Toilet Seat Vibrating ear Ring Normal playful kids All rights reserved (C) Uncle Bugs 2009
How  to   be   Creative …? ,[object Object],Turning Ideas Into Innovations
Secret of a Successful Inventor ,[object Object],[object Object],Due to its invisibility to our naked eyes,  most people are ignorant of its present.  Turning Ideas Into Innovations
The Uncle Bugs Formula to Success ,[object Object],1.  Dedication 2.  Determination 3.  Destination 4.  Discipline Turning Ideas Into Innovations 4 D
What is Creativity…? ,[object Object],Creative ideas are form of thoughts that are not norm at that present moment of time. Turning Ideas Into Innovations
What is Inventions…? ,[object Object],[object Object],However, an  invention is something that has not been fully commercialized yet.  Turning Ideas Into Innovations
What is Innovations…? ,[object Object],[object Object],A new innovative product is normally a threat to the existing business. Turning Ideas Into Innovations
Where is Malaysia today? Tak nampak pun… Turning Ideas Into Innovations
Turning Ideas Into Innovations… Turning Ideas Into Innovations
Step 1 -  Start by conceptualizing an Idea ,[object Object],[object Object],[object Object],[object Object],[object Object],Look through your eyes,  conceptualize with your mind Turning Ideas Into Innovations
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
Step 3 -  Raise fund for your Project  ,[object Object],[object Object],Turning Ideas Into Innovations
Step 4 -  Make a Prototype / Working Model ,[object Object],[object Object],[object Object],Amelia testing the concept of a  “ multiple remote control switch for florescent light” Turning Ideas Into Innovations
Step 5 - Filing a Patent ,[object Object],[object Object],[object Object],You can file a patent by just having an idea Turning Ideas Into Innovations
Step 6 – Do a Valuation for Your Invention  ,[object Object],[object Object],[object Object],All new technology has a price to it Turning Ideas Into Innovations
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 ,[object Object],[object Object],[object Object],Commercialization  -  Manufacturing & Marketing Turning Ideas Into Innovations
Parting Words… ,[object Object],[object Object],[object Object],[object Object],Turning Ideas Into Innovations
Terima kasih…! ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Thank You! Turning Ideas Into Innovations
Turning Ideas Into Innovation Q & A Thank you

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Bugs Talk At MIM 11th Dec 2009

  • 1. Turning Ideas Into Innovations Bugs Tan
  • 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. Winner - National Innovation Award Mr. Bugs Tan receiving the Award from the Prime Minister
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  • 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
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  • 10. All rights reserved (C) Uncle Bugs 2009 Family of Inventors
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  • 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
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  • 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. 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. Combo Spoon Singing Donation Box Heater Swimming Suit Car Toilet Seat Vibrating ear Ring Normal playful kids All rights reserved (C) Uncle Bugs 2009
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  • 23. Where is Malaysia today? Tak nampak pun… Turning Ideas Into Innovations
  • 24. Turning Ideas Into Innovations… Turning Ideas Into Innovations
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  • 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
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  • 34. Turning Ideas Into Innovation Q & A Thank you