Am I Crazy: Chronicles of an Entrepreneur Part 6

YEEHAW…..I have a licensing deal with an established Chinese factory that pays an impressive 20% royalty, but first let me step back. I started this blog a few months ago with the question: Am I crazy? It was one of those days when I was questioning what the hell I was up to. I had been working on this new tool concept for 11 months which was to weave itself into a brand new category of hand tools and spawn a whole new industry (think Leatherman)…with my company riding the wave all the way to the top.

Yes, I had grand (attainable) aspirations, yet on that particular day I was over-run with the fact that people I wanted to work with weren’t returning my calls, My factory was getting increasingly difficult to communicate with. My working prototype was months behind schedule. I was running out of money.