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Inventors often fail to appreciate how much of the spotlight will be on them when they present their idea to businesses. Experienced investors tend to back the person rather than the idea, so they will look closely at your ability to help make your idea succeed.
How do you think you might measure up to the challenge?
It is important to understand that:
Therefore, some kind of team effort is usually needed. We will deal with this more fully in Part 6 - Building a team and seeking funding .
Before you can answer this question, you perhaps need to consider the different ways in which you might benefit financially from your idea.