Monday, November 3, 2008
You Need a Team
A reporter from a business journal phoned me the other day and asked if it were true that only 1 in 8,000 inventors who get patents actually make money on their products. The answer is yes, but with a caveat. That's for independent inventors who try to do everything solo. To increase your chances for success, you need to enlist key partners. These can include designers, marketers, attorneys, business/investor types. Jack Lander writes a lot about this in our magazine.