10 Steps to Bring a Product to Market - Outsource Entrepreneur Model
Step 10 - Close the Deal

Once you find two partners who are interested you need to all sit down together and hammer out all the details and close the deal.  You need to be protective of your share here.  If you can prove that you can offer some kind of ongoing service for the project it will be easier to get your fair share. 

You may also want to hire an attorney to help you protect your rights. Our Law Associate, Eric Hanscom, can assist you in protecting your rights. Besides his extensive law experience, Eric is also an inventor himself so he brings a unique perspective to all of his work. Contact him at eric@iciplaw.com.

Do You Need Help?

Are things not going as well as you had hoped? Don't worry, there are a few extra steps you can take to help you become an outsource entrepreneur:

• If potential partners doubt your product's success, have a small-scale product run. If your product sells well, your potential partners will have nothing to worry about.
  
  
• Being involved in the industry will help you meet some potential partners and hopefully will connect you with a number of people from every potential partner's company. Having people pulling for you within the company will help you seal the deal.
  
  
• Getting media attention through a P.R. campaign can help validate your idea. If bloggers or the press rave about your idea (especially if they themselves are end users), your potential partners may be more eager to take the plunge.
  
  
• Establish yourself as an expert. Write a book, articles, give speeches, whatever it takes for people within and without the industry to view you as a guru.

Look at the Other Business Models

• Licensing
• Starting Your own Company