Ron and Lee talk about the world of financing and some of the mistakes made by people just getting started. One of the biggest pitfalls experienced by start-up businesses revolves around money. It takes long and costs more than almost everyone thinks it will in the beginning.
Jim and Ron tackle the complicated topic of product licensing. Most companies are not going to buy just an idea or concept. A significant amount of work is involved in getting your idea/product licensed and the guys discuss some of the misconceptions of licensing.
Recently a large number of inventor and invention shows have started popping up. Whether it is Pitchmen or Everyday Edisons there are more and more shows cropping up revolving around the world of invention. Jim and Ron talk about the validity of these shows and how they can help or possibly hurt your product. If you are thinking of trying to get on one of these shows you should definitely listen to this show.
