It's not just about the invention or product.
It's actually more about the market opportunity
The invention/product must solve an unmet market need.
The business venture must be able to make significant profit with less than 10% penetration in the specific target market.
Product invention, research and development, opportunity validation, funding acquisition, business plan development, legal protection, market validation, engineering, manufacturing assessment and implementation, advertising and public relations, operations and sales processes
Pick Technologies - Businesses that have national potential with the possibility of international penetration.
Protect intellectual property with patents or trade secrets.
Insure that at maturity, the technologies or businesses are sustainable at less than 10% share of the target market segment.
Forward looking business plans insure a rapid drive to sustainable profitabiity.
The management team for each business should be carefully selected, results oriented and rewarded for success.