Once patent protection is obtained, I really recommend shopping the idea around for funding. While funding might be helpful, I would shop for validation alone. Many people are enamored with their own ideas and risk their own capital to advance ideas forward. These people would benefit from an unrelated third-party’s analysis of the business model and risks involved. If the entrepreneur is able to convince a disinterested (guarded) party to invest, it is a pretty good sign that the business model shows promise.
