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Stephen Key discusses the steps to take after coming up with an invention idea. He warns that if you don't act on a good idea, you might see it realized by someone else. Key presents 10 considerations before proceeding. The first focus is on how to bring your product to market, which could involve venturing, manufacturing, starting a business, writing a business plan, raising funds, or selling online. He emphasizes that those who want to control the entire process may find venturing appealing, but there are alternative routes to consider as well. The importance of taking action is underscored to avoid missed opportunities.