No matter who you are—a new or an experienced entrepreneur—it isn’t easy to move from the stage of your idea’s inception to its implementation.

Find the right home business idea for you and your unique skill set with our list of the leading home business ideas to start on a limited budget.

3. Perceived ownership of said idea. Patents are not required to license simple ideas. At my company inventRight, we see a signed licensing deal weekly. In these agreements, patents aren’t a factor.

When someone objects to an idea you’ve proposed—even if you haven’t even finished presenting it—don’t rush to respond. If you’re standing, walk slowly to the other side of the room.

And if I weren't a sober person's idea of a booze-addled person, I might be more useful in remembering whether this is true or not. Whatever, it's pretty damn good.