Tommy Miller with Rocket Factory: 5 Tips from the Negotiation Table
Tommy says, “I tend to work with a lot of inventors – really smart people with the ability to create new technologies and products. Many need help understanding how to turn that idea into a business and what the key factors are in turning that business into a profitable stream of revenue. That’s not a problem really, its an opportunity to help them find the right competency circle – their trusted advisors – that will set them on the right track to accomplish their goals.”
With “Episode 3: 5 Tips from the Negotiation Table,” Tommy and I will dive into the following topics that should be relevant for every investor, founder, and CEO:
Have a solid but flexible strategy/commercialization plan
Know and understand your competitive landscape, and how you will fit into/disrupt it.
Begin your company with the end in mind – preparing for exit
Be well-prepared in highly regulated industries (regulatory paths, documentation, marketing, information systems)
What are your use cases and who is paying?
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