9 Tips for Turning Your Invention Into a Business

TIME

startupcollective

Question: I invented something that I think has potential to become a business. What is one thing I should NOT forget to do next?

Get Real Feedback

“Your friends and family will probably support your idea even if it’s not so great. Find real people who are target customers for your idea, and see if they will actually buy it before you build it. You can use strategies like this to raise some early money from real customers who will help you make your product better than you ever could without their feedback.” — Patrick Conley, Automation Heroes

Obtain Trademarks

“If you have invented something, I will assume you’re applying for a patent. What you should not forget to do is obtain as many trademarks as possible relevant to your invention and field. These could be marketing slogans and product names. Moreover, make sure to get related domains as soon…

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