James Martin from steering system company, AAAS Steering, gives us his Top 5 Tips on how to become a successful entrepreneur.
1. Your gut is usually right
2. Research your business case well - investors don't care about how neat something is, they just care about their return!
3. Network religiously
4. If you have a patentable object, don't mention more than what the patent says unless you have a Non-Disclosure Agreement (NDA) AND the person seems trustworthy
5. Patents are expensive! Develop a decent prototype for a few months before committing financial resources to the process, and I would always recommend seeking out professionals to help with the process