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New Product Development: My friend and I started a new business to patent and license a new piece of equipment. What kinds of pitfalls should we avoid?
JJ
JJ
Jared Joyce, Inventor & Entrepreneur | Product Licensing answered:

Below is a link to a resource I provide my investors. The 50 questions are specific to product design/development but the 15 categories are questions that apply to any industry.

If you can answer these questions about your deal you will have gone a long way to avoiding the common pitfalls in the product commercialization process.

http://www.jaredjoyce.com/freetreats/50questions.pdf

Once you have answered the questions for your deal if you'd like to call me I can evaluate your answers, educate you on what strategies are available that would be the best fit for you, and then help you execute your strategy.

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