HOW TO LEARN ELECTRONICS
This concept is NEW.
It's how to learn electronics, or any other subject.
If you want to gain knowledge for a career or for any other purpose, the only way is to have INCENTIVE.
And what better incentive than MONEY!
But the first thing you will ask is: "What area should I study?"
Most subjects are enormous in content and it would be virtually impossible to study
anything in its totality. The only solution is to concentrate on a small area.
If you need to solve a problem outside this area, you can seek advice.
But the question still remains: What should you study and what topic should
you concentrate on?
Let's answer this in an unusual way.
Let's take it from the reverse stand-point.
Do you want to be free from the boring "day-to-day" work?
Of course you do.
The only way to get out of the drudgery of working from 9-5 is to run
your own business or invent something.
I'm not talking about an internet business, where "you rip off
the other guy" or an insurance scam or viagra scam or any other
scam. There are
plenty of these around. In fact nearly every "business venture" is a
scam and everything you find on the internet is a
SCAM. I have looked into 120 internet "businesses"
and they are all phony. Some sites "appear" to be genuine but every
product can be purchased in a retail store
at a lower cost and most are selling information on how to "do what I am
doing." They are selling "hot air." There is no law to prevent this.
Any of the products on the internet are absolute junk.
Like the magnet attached to the fuel-line of your car to get 27%
improvement in mileage. It's rubbish!
One company offered cheap health insurance. It folded. 20,000
people got ripped off. One woman had to pay $100,000 for cancer
Don't let internet hype influence you. It's all a DREAM. No-one is
making any honest money. 95% of people are losing money each week - going into
bogus schemes. The others are selling "packages" on how to rip off the
other guy. The internet is self-imploding. There is only a limited
number of new visitors to the internet and everyone is pouncing on their
I'm not talking
about using the internet for fraud.
about a genuine business you can operate and pass on to your children.
A business that starts with an idea - an invention.
Elsewhere I have talked about starting your own business in the
service industry, this time
I want to cover inventing.
Thousands of things are being invented every day and appearing on the market.
Someone is behind them.
It's just a mater of making sure that someone is YOU.
Now we come to: "what to study."
Obviously you need to study something that will advance your
Once you have an idea, work out what how much you know to get it
operational and decide if you need to take a course or study in your own
time through books magazines and library research.
It does not matter if your idea is in electronics, plastics, recycling,
perfumes, detergents, gardening aids or invalid aids, there are openings everywhere.
Once you have a concept, GO FOR IT.
This is exactly what I did and made a success in three different areas:
Education, Publishing and Electronic Kits.
What is the secret behind the success?
It's producing something and selling it cheaper than anyone
can do it themselves. When it comes to books and magazines, it's selling
a book cheaper than anyone can photocopy the pages. It's selling kits cheaper than anyone can
purchase the individual components. Buyers are not stupid. They can tell
instantly if a product is "value-for-money."
That's why we have sold over 750,000 books and over 300,000 kits.
Selling something for the lowest price is simple
economics. You are guaranteed to sell large quantities. Even if you only
make $1 per item, you will not finish up with a garage full of unsalable
Many products fail, simply because they were too expensive. You need to
asses your market carefully and price your item according to its demand.
Many importers make a fortune with mark-ups as low as 15% as
turn-over is less than 30 days and this represents 180% per year!
Everyone goes for the big dollar. Big mistake!
There is more money in long-term "low-price" turnover than a quick buck.
I can name hundreds of items that died due to over-pricing.
Simply re-introducing them will make you a fortune.
But this is getting off the point.
The theme of this article is to introduce something new to the market,
that you have designed
and/or produced. In this way you can enjoy a long life of continuing
With a little effort, it's amazing what you can achieve.
Once you see an end-product, getting there is just a matter of
So, the first thing to do is look around and see what needs to be
invented or improved.
If you can see a need for something, others will possibly need it too.
Many small businesses started with an idea. The "hills Hoist"
clothes-line, the Victa lawn-mower, the paper clip, the "Super Soaker"
- to name a few.
You can start small and as sales pick up, other things can be added to
I can name many things that need inventing and they will make the designer a fortune.
A heating system that only heats a room when a person is detected in the
An automatic outdoor furnace that only adds a log of wood when needed.
A solar hot water heater with a concentrator to raise the water
temperature to almost
This water is then pumped around the house via a hydronic heater.
A wind turbine to compress coolant to heat water. This water is then
stored and pumped around the house.
You can get hot water and chilled water via this method.
There is also a need for better quality tinned food, such as a log or
loaf containing vegetables with sausages, that can be cut
into slices and served on a plate.
Tins of say chicken wings in a cheese sauce.
An electronic ticket that is topped-up at the local shop and sits on the
dash-board when parking. This will save putting money in a meter and
avoid a parking ticket!
An integrated alcohol detector. You need to blow into the detector to start
A bar-code on the road to be detected by a car and slows the vehicle
automatically - near schools, dangerous curves etc.
Producing a Science/Electronics magazine with a kit of components on the
front cover. It could include features such as Meccano parts, a model Stirling Engine,
electronic kits and pieces of equipment for science experiments
such as soap-making, crystal-growing, brine shrimps etc.
Many people will advise you to protect your invention with a patent or
These will be "Patent Attorneys" or some other "vulture" wanting to
divest you of your money.
Patents protect you from almost nothing. They merely give your
opposition a "head-start" to copying your idea.
Many underground companies subscribe to a service that advises them of
These are scrutinized by the unscrupulous manufacturers and if found to
be viable, they will devise a means to get around the patent.
Suppose your invention was copied.
How are you going to sue the manufacturer?
How are you going to find the manufacturer?
All your money, time and effort will go into trying to organise a court
case and this will take you away from the getting the product marketed.
The solution is to bring it out at a reasonable price and get a
head-start on the opposition.
Once you get it into stores, they will not stock two of the same item
and your problem will be solved.
On the other hand, you may find the opposition improves the design and
you can copy their product!
When writing a book, you have a natural copyright on its content.
If you produce instructions for your product with diagrams, photos etc,
you have a natural copyright and if you keep your prototypes and a
journal, you can prove in court the invention was yours. You simply sue
for loss of income. The change of getting any settlement from a case
like this is about 1%. I have never yet heard of a winner.
It all depends on the nature of your invention. If the concept can be
easily copied, keep it to yourself until it is launched.
If you need feedback and ideas, you will have to talk to others.
Remember: No-one is going to keep quiet - even with a confidentiality
Make sure you know who you are talking to and keep the critical features
Everyone is out to "make out of you." They are all smarter than
Sometimes you have to be satisfied with a small return rather than 100%
Don't think: "this will be my $1 million invention." Use it as a
"stepping-stone" to more ideas and be satisfied with royalties as low as
a few percent.
If someone offers you high returns, it will be a trick. No-one can offer
more than 15% on any invention as the pie has to be cut into so many
pieces, such as manufacture, marketing, wholesaling, wastage etc that
only a few percent remain for the inventor.
Everyone thinks their invention will make them rich. This is a DREAM!
Think along the lines of 10 inventions before giving up your day-job.
It's the same with rental properties. You need at least 5 properties
(fully owned) before you can sit back and retire.
Keep a level head and work on your idea.
As I said, some of the best things to introduce are items that have
"gone off the market."
A new generation is constantly entering all markets and the product will
be new to them.
Even the possibility of taking over "discontinued lines" has its rewards
as many people want to buy another of the same item after it has worn
These are small niche markets that some importers specialise in.
These markets are already developed. The retail outlets know the product
and only have to "re-order."
The more you delve into the subject, the more ideas you will come up
The market is limitless.