Almost every entrepreneurial company is out to make a better mouse trap. It is important to stay fixated on the core mission –– and not embark on, say, making better mouse jackets. Entrepreneurs and their companies need optimism, luck, communication resources, focus and money to make their ideas work.

Bottom Line:

• Entrepreneurial companies don’t have the time or money to spend on side businesses –– stick with the core business.
• Intellectual property is the lifeblood of almost any business and, when well presented, can lead to funding opportunities.
• Intellectual property extends beyond patents and trade secrets to knowledge of processes that workers carry in their heads.
• Investors don’t just don’t look at the bottom line –– hope can be asset as long as a company delivers.

We can help.