New Product Idea

When you have a new idea that has developed into a product that you think will change the world, ask these questions before you jump in with both feet and make a big investment.

.Is it an original idea?
.Is there a broad need for it?
.Will buyers understand it?
.Who will buy this product?
.Is the price affordable?
.Can you afford the marketing cost?
.What if demand gets big?
.Will you offer a guarantee?
.Who will manufacture it?
.What are your profit goals?
.What if it doesn't sell?

When you know the answers to these questions you may be ready to patent & test your new product. Be sure to have a couple contingency plans ready for the unexpected situations that may occur. Once you have made the commitment put 100% of your effort behind it. Good Luck !