Not ready to quit your day job?

A lot of entrepreneurs have started new business ventures on the side.  Here’s a great article on a working ‘inventor’ mom who built a million-dollar side business, and she’s still working at her day job (seriously, who has time?).  She gives some great advice including the importance of connecting with other inventor moms, doing market research, hiring a good lawyer and being persistent.

In working with inventors and entrepreneurs, I can’t agree more with her comments.  You need to develop a support network and a team of people you can rely on to give you honest feedback, and if you have an invention, it’s probably going to be worth your time and money to invest in a good patent attorney.  I also liked how she told herself she was going to search for a similar product before she invested a lot of time and money into developing hers, and if she couldn’t find one better, then she would pursue it.  One lesson I’ve learned recently is that, chances are, if you have a great idea, someone else has too.  Unless you can make the cause that yours is significantly better or dramatically different, it had better be a lot cheaper.