7. After product is produced then it's time for marketing. This is where a good CEO earns his money;

Oh not, you must be an engineer!  I know lots of 'you.'

Marketing begins with the biz plan and long before a product is produced, IMO.  Of course, I'm the guy still trying to convince Asian factories that "If we make it, they will buy it" is long gone biz plan.  I run a consumer products division.

Marketing means filling the needs of a consumer (broad sense) at a profit (broad sense as well).  

Now get back to your pocket protector.  lol

John