LPs8e34 - Stay in Sequence to be Successful

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Patent Strategy and Product Viability

Carmine discussed a situation involving a man with two world-changing product ideas that are currently under review by the USPTO. He emphasized that while the man is patent pending, asking for NDAs could be counterproductive and show fearfulness. Carmine also expressed concern about the man's plans to appear on Shark Tank and launch a Kickstarter campaign without disclosing his financial situation or proving product demand. He suggested that the man reconsider his approach and focus on proving the viability of his products before seeking partnerships or public attention.

Strategic Business Launch Advice

Carmine advised against applying to Shark Tank with an unproven idea and suggested that the gentleman should first apply for Shark Tank and then launch a Kickstarter campaign. He emphasized the importance of using resources wisely and not jumping ahead in the process. Carmine also discussed the dangers of contacting buyers too early without a finished product, as it could waste valuable opportunities. He encouraged controlling emotions and making the right business decisions when dealing with ideas and inventions.

Balancing Emotion in Business Success

Carmine discussed the importance of balancing emotion and rational decision-making in business and invention, emphasizing that while passion is crucial, controlled emotions lead to better success. He advised inventors to seek partnerships wisely and focus on presenting themselves as business-savvy individuals. Carmine also mentioned plans to re-release his "secret sequence of inventing" based on positive feedback and encouraged listeners to engage with UIA through various channels, including social media and upcoming events.

Richard Oring, from New Century Financial Group in Princeton, New Jersey, discusses...

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