The #1 mistake inventors make that'll kill your million-dollar baby (product)

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Thinking they can launch alone.

Yep, that’s the #1 mistake inventors make.

I'll lay it to you straight:

There is no such thing as a one-person team.

You can't do everything.

Here's what usually happens when you try:

• You spread yourself too thin.

• You neglect crucial parts of the product.

• You lose track of the big picture.

• You burn out.

Inventors often have:

• The idea.

• The vision.

• The drive.

But they lack:

• Business acumen.

• Technical skills.

• Funding.

• Resources.

That's why you need a strong network.

Here are three things I've learned that have given me success:

1. Surround yourself with experts.

Growth hacks are often hyped-up B.S.

Except for one.

Surrounding yourself with experts.

When you're in a growth stage, you need:

• Insight into risks

• Strategies for sustainability

• Innovative ideas

• Credible voices

• Validation

That's what expert guidance offers.

Many entrepreneurs think they can't afford it.

However, if you're at a point where you're scaling up, you can't afford NOT to.

Yes, you can read books and attend courses.

But, expert guidance is:

• Personalized

• Specific to your business

• Real-time

• Regular

One conversation with the right expert can:

• Save you thousands

• Help you avoid a costly mistake

• Give you an idea for a profitable stream

• Build your confidence

So yea, surround yourself with experts.

And be a sponge.

2. Form a support system:

The basics of building a successful product:

• A great idea

• A target market

• A unique selling proposition

• A functional prototype

• A business plan

• A launch strategy

But, here's a mistake that can easily kill your product in its infancy:

Not having a support system for yourself as the entrepreneur.

Why?

Because building a product is not an easy journey.

You need people in your corner:

• Who can listen

• Who understand the journey

• Who can offer advice

• Who can hold you accountable

Entrepreneurship is not a solo sport.

It's more like a team sport.

You can't build a successful product all by yourself.

Build a support system early on.

It will help you navigate the ups and downs and ultimately, lead to your success.

3. Fam time.

Being an entrepreneur is tough.

It's hard work.

It's long hours.

It's a lot of sacrifice.

But don't let your business become your entire life.

Fam is everything.

Yes, it takes everything to become a successful entrepreneur.

But don't forget to prioritize family time too.

It's not Work and life, it's life and work.

Why?

Because at the end of the day, life is short.

What's the point of hustling so hard if you can't even spend time with those you love?

So take the weekend off.

Go on a family vacation.

Have a date night with your spouse.

Life is all about balance.

And when you find that balance, everything else falls into place.

Trust me on this.

Signed, An entrepreneur who learned the hard way.

Final thoughts

The journey of entrepreneurship is filled with highs and lows.

But with the right mindset, team, and work-life balance, your product idea can thrive.

Surround yourself with experts for guidance.

Build a support system to help navigate challenges.

And don't forget to prioritize family time - it keeps everything in perspective.

Talk soon,

Roy

Whenever you're ready, there are 3 ways I can help you:

1. Raise crowdfunding: We can help you turn your product prototype into an investible asset. If you’ve got a working prototype, and need funding to scale, send me a direct message on Linkedin (click here) saying “funding” for more details on how we can help.
   

2. Validate your physical product concept: Got a concept (napkin sketch or full concept design) for a killer product? We want to see it. Click here to submit it for review.
   

3. Free Guide - Crowdfunding 101: How to prepare your physical product for a crowdfunding campaign. Click here to learn more.