#1 Reason Companies Won’t License Your Product

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#1 Reason Companies Won’t License Your Product

Рет қаралды 2,175

Күн бұрын

Learn how to make money from your ideas.
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Hi, this is Stephen Key and Andrew Krauss. We are here to help you make money from your ideas. We started our company inventRight over two decades ago to teach people how to license (aka rent) their ideas to companies in exchange for royalties.
This process is called “product licensing.”
On our channel, we show you exactly how you to take an idea and license it to companies in exchange for passive income.
Today, you do not have to start a business to make money from an idea.
With product licensing, you don’t have to write a business plan, raise money, manufacture, market, sell, or distribute any longer.
Visit our website inventRight.com for more information.
If you have a product idea and need some help, please contact us at:
Phone: +1 (650) 793-1477
Toll Free: +1 (800) 701-7993
Email: support@inventright.com
Email us:
stephen@inventright.com
andrew@inventright.com
Learn how to start a business, how to become an entrepreneur, how to protect intellectual property, how to patent an invention, how to stop people from stealing your ideas, how to prototype an idea, how to contact companies looking for ideas, how to design a product, how to make a sell sheet, how to make a promo video, how to negotiate a licensing agreement, how to get a higher royalty rate, how to do market research, and how to work with inventRight.
Stephen Key and Andrew Krauss are the cofounders of inventRight, a coaching program for entrepreneurs that has helped people from more than 65 countries license their ideas for new products. They are also the cofounders of Inventors Groups of America, an organization that hosts a free, popular monthly educational meeting for inventors online. They have more than 20 years of experience guiding people to become successful entrepreneurs.
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inventRight, LLC. is not a law firm and does not provide legal, patent, trademark, or copyright advice. Please exercise caution when evaluating any information, including but not limited to business opportunities; links to news stories; links to services, products, or other websites. No endorsements are issued by inventRight, LLC., expressed or implied. Depiction of any trademarks/logos does not represent endorsement of inventRight, LLC, its services, or products by the trademark owner. All trademarks are registered trademarks of their respective companies.
Reference on this video to any specific commercial products, process, service, manufacturer, company, or trademark does not constitute its endorsement or recommendation by inventRight, LLC or its hosts. This video may contain links to external websites that are not provided or maintained by or in any way affiliated with inventRight, LLC. Please note that the inventRight LLC. does not guarantee the accuracy, relevance, timeliness, or completeness of any information on these external websites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.

Пікірлер: 35

@user-wu8ys4gf7h Ай бұрын

Rookie-ism, The #1 Reason Companies Won't License Your Product. A difficult subject, but you handled it graciously. Thanks for this Independence Day Gem!

@inventRight Ай бұрын

Thank you so much for commenting!

@StephenColbert957 Ай бұрын

Hit 200k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in May

@REYNOLDS566 Ай бұрын

How please

@REYNOLDS566 Ай бұрын

I've been investing in Bitcoin by myself. I'm not really happy with what's going on, just few weeks ago I lost about $7,000 in a particular trade. Can you help me out or at least advise me on what to do?

@StephenColbert957 Ай бұрын

I will advise you stop trading on your own if you keep losing. And i don't trade on my own anymore, I always required help and assistance

@StephenColbert957 Ай бұрын

She's my family personal Broker and also a Broker to many families here in the United states, she is a licensed Broker.

@LauraWilliams-b6i Ай бұрын

😱Sounds familiar, I have heard her names on several occasions.. And both her success stories on wall street journey!

@bv2999 Ай бұрын

One of the best videos yet! Most business deals come down to three critical things: Whats the Deal? What are the Numbers? WHO are the People? Work on yourself as much as you work on your Ideas. :) BV

@inventRight Ай бұрын

I would agree thank you so much!

@ryandeweese363 Ай бұрын

I need help with my sequencing!! I have several products I'd like to bring to market via licensing agreement, but having adhd and a not so strong support group, it's hard to keep momentum by myself amoungst internal questions and limited resources. My first product(which I've spent the most time with) needs a well crafted sell sheet, and I've been looking for local businesses that offer that service, but haven't been able to find one. Be nice if there was a local spot I could go to limit distractions, have ample resources, and beable to gain some traction. Once finances get back on track, I'd really like to partner up with an inventRight Coach once I get over these few hurdles! Thanks again for being an encouragment and offering us product developers these Great resources!!

@brandrewmiller Ай бұрын

Hey Stephen, long time InventRight fan. Wondering if you guys could do a video or even a longer webinar on IP valuation? Thanks!

@Dapper_Dean Ай бұрын

This question might be non-related to this video. But how do we know who to trust on LinkedIn, that shows interest?

@inventRight Ай бұрын

Always do your homework and make sure they have a great track record working with us inventors! After 25 years, we pretty much know the good guys.

@epiphany6054 Ай бұрын

I have a concept for a small mobile gadget, everyday problem-solving product that could be widely used. I'm wondering if you'd be interested in developing it and handling the licensing with companies. While I'm confident I could pursue this myself (having already filed 3 patents and approached companies for licensing), my current workload wouldn't allow me to dedicate the necessary time to develop this fourth concept quickly. That's why I'm looking for an expert who can move forward efficiently. My concern is that there might be some engineering hurdles that could prevent companies from manufacturing it. I'm not an engineer myself, so I can't be sure. However, if you could handle the entire process, including development, patenting, and licensing, I'd be happy to share 50% of the royalties generated from the product.