Everything You Need to Know About Licensing Agreements

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Everything You Need to Know About Licensing Agreements

Рет қаралды 15,394

inventRightTV

Күн бұрын

Пікірлер: 73

@patrickshaffer5427 4 жыл бұрын

I love how some of your subtitles are: (energetic spanish guitar music) when in fact it is: (energetic piano music).

@jdb79jdb79 2 жыл бұрын

Man us new inventors are under stress, it's really nice to see all these serene cut away shots of your travels. It really helped me relax a little while I learn.

@DanielRLuke 2 жыл бұрын

Absolutely best advice. Pay attention very closely. Companies WILL exploit your ignorance. They will write the entire contract to their maximum advantage and your maximum disadvantage. If you have a winning idea that you have invested a lot of time or money, spend the extra by contacting InventRight before signing anything. It's something I wish I had done. It could save you literally millions.

@BeyondBorders00 Жыл бұрын

Jeez, the intro to this video confused the heck out of me. Luckily I made it to 1:48. I thought there was something wrong with youtube, showing one title but displaying another video. Glad to see KZfaq wasn't scrambled.

@inventRight Жыл бұрын

Thanks for watching!

@whatdafuk3 5 жыл бұрын

When I grow up I wana be just like Stephen Key!!)

@sjgunnoe 3 жыл бұрын

Wow! This video was really pleasant to watch. I came for the valuable information and was just blown away by the intermittent cultural shots and incredible backgrounds.

@josephcenatus6085 4 жыл бұрын

I love the instrument that play in the background

@sjr4478 5 жыл бұрын

Thank you for the great information. I can't wait to have your new book!!!

@inventRight 5 жыл бұрын

Get updates about the new book: www.inventright.com/osi-licensing-signup

@justus9069 3 жыл бұрын

@@inventRight how do we get that book??

@margaritaescobedo841 2 жыл бұрын

Thank you for sharing the importance on licensing agreements. I appreciate the beautiful sceneries in Titicaca, Peru. Amazingly beautiful. Stay safe. Maggie

@inventRight 2 жыл бұрын

Thank you for watching and commenting! -Stephen

@tayloradeclue Жыл бұрын

finding your videos so helpful. Love the random Peru travels . You're living life!

@inventRight Жыл бұрын

Thank you so much Taylor. Some people complain about the travel videos.

@samp4050 3 жыл бұрын

This is one of my favourite videos, thanks Stephen. I'm hoping to sign a licensing agreement soon....or two. 😁

@inventRight 2 жыл бұрын

Sam thank you for watching and commenting! Stephen

@dpsheals Жыл бұрын

Did you ever get your licensing agreement?

@proinnovate9189 5 жыл бұрын

Excellent video.......and you obviously had fun making it. I'm looking forward to the new book.

@Manifesssto888 Жыл бұрын

That was simply Wonderful to watch good sir Thank You.

@jaysonsvisions5024 2 жыл бұрын

Great video I appreciate all your advice. That trip looked amazing sir. You're living the dream I hope to be like you.

@waynefederico9396 5 жыл бұрын

That was a awesome take on your travels.. Janice and you are great together. I remember our 5th grade teacher telling us about Lake Titicaca and just the word made the class giggle a little. That was my first encounter that I wanted to learn an travel outside of my surroundings.. As for the new book can't wait... Jan needs to start a travel channel ~~

@danvorhis386 4 жыл бұрын

Thanks for the mini-vacation!

@healthmann 5 жыл бұрын

I will definitely be interested in your new book.

@inventRight 5 жыл бұрын

Get updates about the new book: www.inventright.com/osi-licensing-signup

@michaellynch5036 2 жыл бұрын

So Awesome i thank god for you and the information that you share with the new inventors.

@inventRight 2 жыл бұрын

Thank you Michael! -Stephen

@stevenburton7922 5 жыл бұрын

Great video, Stephen! I learned a lot. Thank you! ....... Stephen do you have a video on how to hand hold or guide a good manufacturer to licensing if they have never done it before? I know you don't advise the inventor to do the licensing ( good advice! ) and a seasoned manufacturer is probably the best route but what if you comes across a good manufacturer that happens to be a group of good people but they are just green. Also, once I get my sell sheet to the manufacturer how long do you recommend before I fallow up with them? Thanks! ....... That floating island was really cool!

@kuhlmaximus1536 Жыл бұрын

Cool and Informative video. Great work as usual

@inventRight Жыл бұрын

Thank you!

@TrvisXXIII Жыл бұрын

I’m going to apply this information to music license agreements

@starlamorgan1148 5 жыл бұрын

Amazing content! So much fun! 😊😘

@lanamiasnikova1455 3 жыл бұрын

Thank you Steven for sharing you life time wisdom You are both beautiful .And thus lake I heard is a very special place - hope you have got it' s good vibes .Best wishes from New Zealand !

@harmoniousembodiment7203 Жыл бұрын

Can do without the constant interruptions to interject unrelated scenery and noise music. Time is precious, most are here for the information

@inventRight Жыл бұрын

Thank you for your input!

@alexreid4131 5 жыл бұрын

*Stephen* I have your other two books. They are excellent. What's the best way to send you my email address to get a heads up on the next book?

@inventRight 5 жыл бұрын

Get updates about the new book: www.inventright.com/osi-licensing-signup

@justus9069 3 жыл бұрын

Did you get the book? How do we get it?

@servantofjesuschrist2680 2 жыл бұрын

what is a good minimum clause example? Kind Regards

@arwinsilva490 3 жыл бұрын

thank you sir!👍👍

@justus9069 3 жыл бұрын

Hiw do I get the book. "...negotiating a winning licensing agreement"?

@reuzohvestioridecan1125 4 жыл бұрын

How do I receive the money from the company that I let borrow my ideas?

@gilbertmartinez6538 2 жыл бұрын

Why all the dialogue ...just post a link where we can SEE a fair licensing agreement to both parties??

@inventRight 2 жыл бұрын

Hello Gilbert, Thank you so much for commenting and watching. There’s no such thing as a fair licensing agreement. What’s fair to one person may not be fair to another. There’s no such thing as a boiler plate licensing agreement. Everything is negotiable. There’s literally thousands of licensing agreements on the Internet. But I would never use one as a template. My best advice is to work with the licensing attorney. -Stephen

@gilbertmartinez6538 2 жыл бұрын

@@inventRight ...so show us a best case scenario ...give us some sort of starting point ...make a long story short

@gilbertmartinez6538 2 жыл бұрын

@@inventRight ...so show us a best case scenario ...give us some sort of starting point ...make a long story short

@twie6297 5 жыл бұрын

Is this something you help with and make sure when your students get a licensing agreement?

@jimbown9945 Жыл бұрын

When negotiating a percentage with a potential client, are we referring to a net percentage or gross or is it something else?

@inventRight Жыл бұрын

Typically it’s on the net. You have to be careful how this is defined. People make a mistake all the time when negotiating a licensing agreement. Years ago someone reached out to us after signing a $10 million deal. I asked him why are you signing up. I said you don’t need us. He said yes I do. I made one of the biggest mistakes I did it myself. I left $5 million on the table. I don’t understand sub licensing. This is one area you do not want to do it yourself. -Stephen

@jimbown9945 Жыл бұрын

@@inventRight thanks so much,

@jimbown9945 Жыл бұрын

@@inventRight Thank you so much. I have learned a lot of important information and I truly appreciate your time and expertise.

@inventRight Жыл бұрын

If we can help you in anyway, please let us know. This is a wonderful industry. It has changed my life. It’s incredible to see something you have made and people sharing it. For more free information. Please visit our site.InventRight.com

@jimbown9945 Жыл бұрын

Can I ask if I license something to a company in a different state than my LLC will I need to have another LLC in the state that they are operating in? I was listening to a past podcast and I think I misunderstood.

@user-by6rv7mt4k 6 ай бұрын

how long can we expect a company to take to write a licensing deal ? (rough estimate)

@inventRight 6 ай бұрын

It all depends. Companies that work with inventors all the time it could be very quick,a couple weeks. Companies that aren’t familiar or don’t do very many licensing agreements could take a couple months.

@user-by6rv7mt4k 6 ай бұрын

i see, thankyou@@inventRight