Review: Perfect for creative people and inventors who want to know what the business world is really like.
Rating: 5 out of 5
Date: 04 8, 2013
I think this is one of the most practical books I have ever read, it has a lot of common sense. It explains why you don't need to spend thousands of dollars creating a prototype, you can get cash upfront from infomercial companies, you can tell people you trust about your invention (and shouldn't live in fear of your idea being stolen), you can apply for utility and other patents, you should visit the factory in China since a lot of crooks set up false websites, and other information. The author itself has a fascinating life, from serving in the military to owning a restaurant to becoming an accountant to then becoming a venture capitalist and as an inventor himself. I like the honesty of his advice, and his warnings about companies that profit from the inventor instead of the invention. Since most of us are never going to Shark Tank, this is the next best thing.