10 Steps to Bring a Product to Market
Don Debelak offers affordable patents http://www.patentsbydondebelak.com
Everybody has product ideas, in fact some people have dozens, but yet only a small percentage of ideas ever get started.
The problem – the task of introducing a product seems overwhelming and far too expensive to most people. They don’t know where to start or what to do and so they don’t do anything.
Our 10 Steps to Bring a Product to Market has two principles: each step should be as simple as possible and each step should require as small an investment as possible. We take this concept one step further by making sure that the first few steps call for only a minor investment until the inventor can feel confident the idea is worth moving with.
We know the introduction process is intimidating but the fact is small inventors succeed all the time. We don’t want you to pass on a million dollar idea but at the same time we don’t want you to waste your money on an idea that can’t succeed.
{Don Debelak’s new book, Turning Your Invention into Cash is now available on Amazon for $3.49. Go to Amazon.com and enter inventions Don Debelak to purchase. From the author of Entrepreneur Magazine’s Bringing Your Product to Market.}
Our 10 steps will help you meet these goals.
If at any point you want or need assistance, contact us at info@onestopinventionshop.net.
Step 1: Idea Conception and Evaluation
Step 2: Determine Your Target Market
Step 3: Do Meaningful Market Research
Step 4: Make a Looks-Like, Acts-Like Prototype
Step 5: Intellectual Property Protection
Step 6: Choose your Business Model
Outsource Entrepreneur Model
Step 7: Find Potential Partners
Step 8: Set Up A Proposed Deal Structure
Step 9: Approach Potential Partners
Licensing
Step 7: Find Licensing Candidates
Step 8: Prepare a Preliminary Licensing Proposal
Step 9: Prepare a Licensing Presentation
Step 10: Approach Your Candidates and Sign the Deal
Starting Your Own Company
Step 7: Create a Business Plan and Market Introduction Plan