Page 36 - 597 Business Ideas You can Start from Home - doing what you LOVE! (Beginner Internet Marketing Series)

Step 2. Bring Your Idea to Life 2S

logic or research. Think of possible design flaws. Jot down these
new thoughts in your workbook.

If you have identified problems, do they seem manageable? With
more research, brainstorming, and ingenuity, can you fix them? If
so, you've done your idea a great service by improving it at this early
stage. If not, take a step back and reassess.

When you're comfortable with where your idea stands, it's time
to dive into some practical matters.

At this point in your journey, you may want to keep your idea
yourself. You have momentum and you don't want to be

o..;cour�IC1"'C1 by someone who may not "get it "-your idea,
your passion, your dream. You also want to keep the idea
confidential because you don't want someone to steal it! It
may be tough, but mum's the word at this point.

Research Your Competition

If you've made it this far, you probably know a little something
about your product's competition. Now it's time to delve deeper into
that search to be sure you know virtually everything.

Check Patents

Even if you haven't seen your product idea in the marketplace
you need to make sure someone else hasn't already patented it. A
patent holder still owns the exclusive right to make, use, or sell
the invention in the United States during the full term of the pat­
ent whether or not the invention has actually made it to the mar­
ketplace. Therefore it is necessary to search relevant patents to see
if your product has already been invented, discovered, or created
in some form. Disc overing that your "breakthrough" idea is not so
"breakthrough" after all is surely disappointing. But it is much less
painful to know before you've invested in it.