195 episodes

The world's leading experts on product licensing. The business model taught today and historically is to start your own business. But not everyone has the experience, time, money or even desire to start a business.

There is an alternative. It's called licensing. You don't have to write a business plan, source manufacturing, develop a marketing strategy, spend money on advertising, or find distribution.

With licensing, you can simply ‘rent’ your idea to a company and receive royalties in return — creating your own flow of passive income.

Let Stephen Key and Andrew Krauss, the cofounders of inventRight, show you how to bring your ideas to market faster and with little to no financial risk.

Stephen Key has licensed dozens of his ideas for products and authored the bestselling book about licensing "One Simple Idea." Andrew is a longtime inventor mentor who ran the largest inventors group in the country for nearly 20 years.

Become their student: http://www.inventright.com/

inventRightTV Podcast inventRight, LLC

    • Business
    • 4.6, 5 Ratings

The world's leading experts on product licensing. The business model taught today and historically is to start your own business. But not everyone has the experience, time, money or even desire to start a business.

There is an alternative. It's called licensing. You don't have to write a business plan, source manufacturing, develop a marketing strategy, spend money on advertising, or find distribution.

With licensing, you can simply ‘rent’ your idea to a company and receive royalties in return — creating your own flow of passive income.

Let Stephen Key and Andrew Krauss, the cofounders of inventRight, show you how to bring your ideas to market faster and with little to no financial risk.

Stephen Key has licensed dozens of his ideas for products and authored the bestselling book about licensing "One Simple Idea." Andrew is a longtime inventor mentor who ran the largest inventors group in the country for nearly 20 years.

Become their student: http://www.inventright.com/

    A Full Hour of Q&A with Andrew Krauss

    A Full Hour of Q&A with Andrew Krauss

    Bringing an invention to market? Let inventRight, the world's leading experts on product licensing, show you how. Cofounded by Stephen Key and Andrew Krauss in 1999, inventRight has since helped people from more than 60 countries license their ideas for products. Visit http://www.inventright.com for more information and to become their student. 

    Call #1-800-701-7993 to set up an appointment with Andrew or another member of the inventRight team to discuss how we can help you license your ideas.

    New to licensing? Read inventRight cofounder Stephen Key’s bestselling book “One Simple Idea: Turn Your Dreams Into a Licensing Goldmine While Letting Others Do the Work.” Find it here: http://amzn.to/1LGotjB. 

    Want to learn how to license your product ideas without a patent? Stephen's book “Sell Your Ideas With or Without a Patent” explains exactly how. Find it here: http://amzn.to/1T1dOU2.

    Determined to become a professional inventor? Read Stephen's new book "Become a Professional Inventor: The Insider's Guide to Companies Looking For Ideas": https://www.amazon.com/gp/product/1653786256/

    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.

    • 1 hr 7 min
    From Prototype to $50 Million in Revenue — Meet Laura Hunter

    From Prototype to $50 Million in Revenue — Meet Laura Hunter

    Stephen Key and Andrew Krauss are the world's leading experts on how to license a product idea. If you have an invention idea, this is the show to watch. Steve and Andrew are the cofounders of inventRight, a coaching program that has helped people from more than 60 countries license their ideas for new products. Visit http://www.inventright.com for more information and to join the one-one-one coaching program.

    If you have questions about how to invent, how to be creative, design, how to do market research, prototyping, manufacturing, negotiating, pitching, how to sell, how to cold call, how to reach out to open innovation companies, licensing agreements, non-disclosure agreements, patents, copyright, trademarks, and intellectual property in general — subscribe to inventRightTV! New videos every week, including tons of entrepreneur success stories.

    Inventing can be lonely, but you don't have to go it alone! Join the inventRight community for priceless inventor education, mentorship, support, accountability, hand-holding, honesty about the invention industry, and so much more.

    Contact us at #1-800-701-7993 or https://www.inventright.com/contact.

    This is the book you need to license your product idea: “One Simple Idea: Turn Your Dreams Into a Licensing Goldmine While Letting Others Do the Work.” Find it here: http://amzn.to/1LGotjB.

    This is the book you need to file a well-written provisional patent application: “Sell Your Ideas With or Without a Patent.” Find it here: http://amzn.to/1T1dOU2.

    Determined to become a professional inventor? Read Stephen's new book "Become a Professional Inventor: The Insider's Guide to Companies Looking For Ideas": https://www.amazon.com/gp/product/1653786256/

    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.

    • 1 hr 56 min
    A Full Hour of Q&A with Andrew Krauss

    A Full Hour of Q&A with Andrew Krauss

    Bringing an invention to market? Let inventRight, the world's leading experts on product licensing, show you how. Cofounded by Stephen Key and Andrew Krauss in 1999, inventRight has since helped people from more than 60 countries license their ideas for products. Visit http://www.inventright.com for more information and to become their student. 

    Call #1-800-701-7993 to set up an appointment with Andrew or another member of the inventRight team to discuss how we can help you license your ideas.

    New to licensing? Read inventRight cofounder Stephen Key’s bestselling book “One Simple Idea: Turn Your Dreams Into a Licensing Goldmine While Letting Others Do the Work.” Find it here: http://amzn.to/1LGotjB. 

    Want to learn how to license your product ideas without a patent? Stephen's book “Sell Your Ideas With or Without a Patent” explains exactly how. Find it here: http://amzn.to/1T1dOU2.

    Determined to become a professional inventor? Read Stephen's new book "Become a Professional Inventor: The Insider's Guide to Companies Looking For Ideas": https://www.amazon.com/gp/product/1653786256/

    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.

    • 1 hr 6 min
    This inventRight Student Shows the Paddle He Licensed

    This inventRight Student Shows the Paddle He Licensed

    Learn all about the physical fitness product Nick Patakos invented and licensed onto the market with the help of inventRight coaching. Nick is a longtime martial artist teaching predominantly children who had a need that was not being met on the market. Learn all about the martial arts striking paddle that Nick invented and licensed. He shows the actual finished product on video!

    It's called the Sonic-PX2 and it is going to hit the market in December, so look for it at https://www.centurymartialarts.com/ and stores across the country in December. Nick's paddle is safer, because it doesn't have any lacing, as well as more affordable.

    Thanks for sharing your experience with inventRight coaching, our 10-step process for licensing, prototyping, negotiating, and so much more Nick.

    Stephen Key and Andrew Krauss are the world's leading experts on how to license a product idea. If you have an invention idea, this is the show to watch. Steve and Andrew are the cofounders of inventRight, a coaching program that has helped people from more than 60 countries license their ideas for new products. Visit http://www.inventright.com for more information and to join the one-one-one coaching program.

    If you have questions about how to invent, how to be creative, design, how to do market research, prototyping, manufacturing, negotiating, pitching, how to sell, how to cold call, how to reach out to open innovation companies, licensing agreements, non-disclosure agreements, patents, copyright, trademarks, and intellectual property in general — subscribe to inventRightTV! New videos every week, including tons of entrepreneur success stories.

    Inventing can be lonely, but you don't have to go it alone! Join the inventRight community for priceless inventor education, mentorship, support, accountability, hand-holding, honesty about the invention industry, and so much more.

    Contact us at #1-800-701-7993 or https://www.inventright.com/contact.

    This is the book you need to license your product idea: “One Simple Idea: Turn Your Dreams Into a Licensing Goldmine While Letting Others Do the Work.” Find it here: http://amzn.to/1LGotjB.

    This is the book you need to file a well-written provisional patent application: “Sell Your Ideas With or Without a Patent.” Find it here: http://amzn.to/1T1dOU2.

    Determined to become a professional inventor? Read Stephen's new book "Become a Professional Inventor: The Insider's Guide to Companies Looking For Ideas": https://www.amazon.com/gp/product/1653786256/

    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.

    • 14 min
    How to Be Creative

    How to Be Creative

    Is it possible to come up with new ideas anytime you want? Yes! Let product licensing expert Stephen Key show you how. In this video, Stephen describes many strategies for being creative and coming up with new product ideas, including the strategies that worked for him when he was a full-time inventor. Stephen forced himself to be creative day in and day out when he was younger and starting his career, which is what lead to his success as an inventor. You can't wait for inspiration to strike if you want to make a living as a full-time inventor, product developer, or artist!

    These are profitable ways to be creative from a lifelong creative!

    Stephen Key and Andrew Krauss are the world's leading experts on how to license a product idea. If you have an invention idea, this is the show to watch. Steve and Andrew are the cofounders of inventRight, a coaching program that has helped people from more than 60 countries license their ideas for new products. Visit http://www.inventright.com for more information and to join the one-one-one coaching program.

    If you have questions about how to invent, how to be creative, design, how to do market research, prototyping, manufacturing, negotiating, pitching, how to sell, how to cold call, how to reach out to open innovation companies, licensing agreements, non-disclosure agreements, patents, copyright, trademarks, and intellectual property in general — subscribe to inventRightTV! New videos every week, including tons of entrepreneur success stories.

    Inventing can be lonely, but you don't have to go it alone! Join the inventRight community for priceless inventor education, mentorship, support, accountability, hand-holding, honesty about the invention industry, and so much more.

    Contact us at #1-800-701-7993 or https://www.inventright.com/contact.

    This is the book you need to license your product idea: “One Simple Idea: Turn Your Dreams Into a Licensing Goldmine While Letting Others Do the Work.” Find it here: http://amzn.to/1LGotjB.

    This is the book you need to file a well-written provisional patent application: “Sell Your Ideas With or Without a Patent.” Find it here: http://amzn.to/1T1dOU2.

    Determined to become a professional inventor? Read Stephen's new book "Become a Professional Inventor: The Insider's Guide to Companies Looking For Ideas": https://www.amazon.com/gp/product/1653786256/

    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.

    • 17 min
    The Best Time to Get Started as an Inventor

    The Best Time to Get Started as an Inventor

    Is there a good time to get started bringing your ideas to market? Is there a better or worse time? Not really, no. You don't have to spend a lot of money if you use our strategies for bringing a product to market. So, what are you waiting for? You don't have to quit your day job. You don't have to write a business plan. You can jump into the game of being creative and licensing right now. It's not that difficult.

    If you never take any action, you are eventually going to see your ideas on the market. Yes, we hear it all the time. You see an idea you had on the shelf at your local store, and you think, "Why didn't I do anything about it?"

    Take a deep breath. You can do this. There are inventors who are doing this all around the world every day. First, get the right information by watching inventRightTV. Have questions? Join our cohost Andrew Krauss for a full hour of a Q&A LIVE on our YouTube channel every Wednesday at 5:10pm Pacific.

    Most people still don't know about licensing, even though our cofounder Stephen Key has spent the past 10 years writing 1,000 articles about how to license an idea.

    Don't rush, do not let fear be your guide. But do realize: You can do this.

    Stephen Key and Andrew Krauss are the world's leading experts on how to license a product idea. If you have an invention idea, this is the show to watch. Steve and Andrew are the cofounders of inventRight, a coaching program that has helped people from more than 60 countries license their ideas for new products. Visit http://www.inventright.com for more information and to join the one-one-one coaching program.

    If you have questions about how to invent, how to be creative, design, how to do market research, prototyping, manufacturing, negotiating, pitching, how to sell, how to cold call, how to reach out to open innovation companies, licensing agreements, non-disclosure agreements, patents, copyright, trademarks, and intellectual property in general — subscribe to inventRightTV! New videos every week, including tons of entrepreneur success stories.

    Inventing can be lonely, but you don't have to go it alone! Join the inventRight community for priceless inventor education, mentorship, support, accountability, hand-holding, honesty about the invention industry, and so much more.

    Contact us at #1-800-701-7993 or https://www.inventright.com/contact.

    This is the book you need to license your product idea: “One Simple Idea: Turn Your Dreams Into a Licensing Goldmine While Letting Others Do the Work.” Find it here: http://amzn.to/1LGotjB.

    This is the book you need to file a well-written provisional patent application: “Sell Your Ideas With or Without a Patent.” Find it here: http://amzn.to/1T1dOU2.

    Determined to become a professional inventor? Read Stephen's new book "Become a Professional Inventor: The Insider's Guide to Companies Looking For Ideas": https://www.amazon.com/gp/product/1653786256/

    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.

    • 5 min

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