If your goal is to have all of the money you need to bring your inventions to life and to have them sell like hotcakes out in the marketplace, don't read this book...memorize it. This book reveals in detail a very powerful strategy for persuading investors to fund your new products, inventions, and ideas.
It will change the way you think about approaching investors. It will change the way you present your ideas to them. It will save you time. It will give you more resources for making every single one of your inventions a reality.
Learn this strategy and you will never worry about having enough money. How much cash you have to fund your dreams is entirely up to you.
Because if you use the techniques I lay out in this book haphazardly you may get a few bucks here and there. When executed properly, you'll have investors fighting each other for the right to back your idea.
I can say this with confidence for three reasons:
First, there is a method to the madness to getting a product backed and to market. And because of my work in a law office that specializes in patents, I speak with tinkerers, inventors, and innovative business owners every day. I see what works...what doesn't work...and what separates the people who see their dreams comes true from the ones who constantly face frustration and failure.
Second, there is a pattern to who gets funding and who walks away empty handed.
Supplementing my findings working with inventors, I've watched and studied every episode of the hit ABC show Shark Tank (the reality TV show where inventors present their ideas to investors - called Sharks - and try to convince them to invest money in their ideas).
Amazingly, the exact elements that consistently help the inventors who walk through my office, work like gangbusters for the inventors who secure a deal from the Sharks.
And finally, I've spent much of my career making and selling the things I've developed.
In Secrets of the Shark Tank, you'll learn:
Why inventors fail (the one thing that differentiates the rich, successful inventor from the inventors with thousands of "ideas"...but not a dollar to show for it)
When having strong sales can hurt your chances of funding
The nine questions investors use to evaluate your business or idea when you do have sales
The secret of "Entrepeneurial Alchemy". How to sway investors to back your idea when you haven't sold one product
How a product smaller than a band-aid attracted the biggest offer ever on the show ($4 million for the whole company)! What you must to get investors to trip over themselves to invest in your product
When great products don't make the cut. The Three P's of Inventor Financing and why investors will walk away even when they think you have a grand slam product
The deal breaker that forces investors to walk away even if they love your product (and the dealmaker that attracts investors like bees to honey even if you have a subpar product)
When being a slick salesman kills your chances for funding and how to create a product that sells itself (in fact, if you do this first you will never again waste time and money inventing a dud)
The inconvenient truths about money: Why good, smart people stay poor and evil, dumb people grow rich.
Sex, alcohol, and lawlessness for profit. How to make $91,000 a year with drunk, felonious, and girl chasing employee
And finally, the four elements to a bulletproof pitch! Used by every winner and ignored by every loser on Shark Tank, the step-by-step formula is the key to persuading investors to back your idea.
Plus much more!
