Many struggling inventors and start up IP companies believe that their problems would be solved with just one more round of financing, or if only the bank would loosen up the credit line one more time.
In my experience, more money rarely solves all the problems of a troubled company.
Much of the time, pieces of the company are missing, perceptions about reality are mistaken, or some other fatal flaw that money doesn’t answer, keep the firm from its potential.
Would the company benefit by finding a value added reseller, added management talent, or a joint venture partner to bring it to market, or have it manufactured?
Ignoring hard reality and fighting viable alternatives too late works for no one. Considered early as a possibility, discussions can happen, choices can be considered, put on hold, or executed later.
So often, the funder has been exhausted with failed promises and missed deadlines.
Impatient and lacking the trust and enthusiasm that began the relationship, stakeholders / funders timelines diminish and choices and bargaining power evaporate.
Beginning with all possibilities, we open doors to more choices as well as show supporters (funders) that we are open minded and willing to plan for all potential eventualities.
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