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69: This Episode Will Save You Thousands (Seriously)
Rich Habits Podcast
Thorough Research and Financial Planning for Product Development
Before investing in trademarks and patents, conduct thorough market research to ensure demand and viability. Understand the costs involved in bringing the product to market, including operations and marketing. Recognize the necessity of substantial funding beyond initial production costs. Utilize platforms like TikTok for potential viral marketing. Consider signing an NDA for expert advice and potential investment to navigate pitfalls for a successful product launch.
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