"We don't have the time to focus on this product." In the last week, I have heard this statement or a similar comment repeated several times from our new clients. I say "new" clients because their issue is one of our core competencies.Not having the time to focus on the product or service should not be an obstacle. In the current economic climate, I think potentially profitable business models should be explored. This is true for business formation or licensing out of a patented product.
If you or your firm does not have the time to focus on moving a product forward, you might want to think about partnering opportunities. In our most recent experiences, our clients are moving forward by partnering on licensing agreements a distribution partnership and a an equity partnership.
Have you considered partnerships to increase your business opportuites?
Be+Do+Solve(TM)
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