342 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
    • 5.0 • 7 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/

    Mom, Attorney & Inventor Talks About Kickstarter vs. Licensing

    Mom, Attorney & Inventor Talks About Kickstarter vs. Licensing

    Carine talks about her experiences with kickstarter and the upsides and downsides of the platform.

    She has a great product called Lunch Squares. You can purchase her product on her website here. https://lunchsquares.com/home

    Carine also talks about licensing and how excited she is about that as well and how that’s a path she is going to take for other products because she is just too busy with all the things she does between being a mom, attorney and entrepreneur.

    -------------------------------------------
    More about inventRight
    How do you license an idea? How do you patent an invention? Learn how to become a profitable inventor and earn passive income from your creativity following the advice of inventors Stephen Key and Andrew Krauss.

    They are world's leading experts on how to license a product idea. If you have an invention idea, this is the show to watch. Stephen Key and Andrew Krauss are the cofounders of inventRight, a coaching program that has helped people from more than 65 countries license their ideas for new products. http://www.inventright.com

    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. 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.

    • 21 min
    Do You Really Need a Patent Today?

    Do You Really Need a Patent Today?

    What value do patents offer to independent inventors today? Patenting can be very time-consuming and expensive for independent inventors. Today, given that patent rights have become more difficult to enforce, what value do patents offer to independent inventors?

    For inventRight cofounder Stephen Key, defending his patent portfolio in federal court was very time-consuming and expensive — but, in the end, well worth it.

    It’s an honor to have Andrei Iancu, who served as the Under Secretary of Commerce for Intellectual Property and Director of the United States Patent & Trademark Office under the previous administration, join us at Inventors Groups of America to share his perspective on the current state of the U.S. patent system and offer advice for independent inventors.

    This special IGA online event is happening on Saturday June 19th from 1pm-2pm Pacific.

    Plus, we’ll be giving away a bunch of awesome prizes in celebration!

    Join us and take part in this important conversation: https://inventleader.org/inventors-online-meetings/

    Attendees will have the chance to win awesome free IP-related prizes from our generous sponsors Gene Quinn, Kevin Prince, and Jake Ward.

    — Help writing a better provisional patent application (PPA) via inventRight SmartIP
    — Patentability search by a registered patent attorney at Ward Law Office
    — PPA review by patent agent Kevin Prince

    Follow: Gene @ https://www.ipwatchdog.com, Jake @ https://anticipatethis.wordpress.com, and Kevin @ https://www.quickpatents.com

    -------------------------------------------------------

    How do you license an idea? How do you patent an invention? Learn how to become a profitable inventor and earn passive income from your creativity following the advice of inventors Stephen Key and Andrew Krauss. They are world's leading experts on how to license a product idea. If you have an invention idea, this is the show to watch.

    Stephen Key and Andrew Krauss are the cofounders of inventRight, a coaching program that has helped people from more than 65 countries license their ideas for new products.

    http://www.inventright.com

    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 o

    • 5 min
    A Full Hour of Q&A with Andrew Krauss

    A Full Hour of Q&A with Andrew Krauss

    How do you license an idea? How do you patent an invention? Learn how to become a profitable inventor and earn passive income from your creativity following the advice of inventors Stephen Key and Andrew Krauss. They are world's leading experts on how to license a product idea. If you have an invention idea, this is the show to watch.

    Stephen Key and Andrew Krauss are the cofounders of inventRight, a coaching program that has helped people from more than 65 countries license their ideas for new products.

    http://www.inventright.com

    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.

    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.

    • 1 hr 2 min
    Why This Inventor Now Wants To License Her Products?

    Why This Inventor Now Wants To License Her Products?

    Emily Crawford has successfully ventured two baby related products now selling on Amazon.com and Walmart.com

    She will talk about her adventure with both her products. What it’s like to work with contract manufacturers in China, the costs and much more.

    She is now on a mission to license both of her products and she explains why.

    She also has a fun, very simple way she was able to get a mold maker a prototype.

    You can buy Emily’s products here.
    Lovelu Lounger
    https://www.amazon.com/Supportive-Cushion-Newborns-Fitting-Lounger/dp/B07V4TRLVM
    https://www.walmart.com/ip/Lavelu-Lounger-Baby-Bath-Waterproof-Sink-Cushion/740294326

    Bumblebee First Years Glowing Waterproof Baby Toy With Sing Along
    https://www.walmart.com/ip/Bumblebee-First-Years-Glowing-Waterproof-Baby-Toy-with-Sing-Along/298741269


    -------------------------------------------

    More about inventRight
    How do you license an idea? How do you patent an invention? Learn how to become a profitable inventor and earn passive income from your creativity following the advice of inventors Stephen Key and Andrew Krauss.

    They are world's leading experts on how to license a product idea. If you have an invention idea, this is the show to watch. Stephen Key and Andrew Krauss are the cofounders of inventRight, a coaching program that has helped people from more than 65 countries license their ideas for new products. http://www.inventright.com

    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. 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 th

    • 28 min
    How Licensing Negotiations Really Work

    How Licensing Negotiations Really Work

    Licensing negotiations are not what most inventors think. Learn how negotiations really work with inventRight Negotiation Coach Paul Sorenson.

    -------------------------------------------

    More about inventRight
    How do you license an idea? How do you patent an invention? Learn how to become a profitable inventor and earn passive income from your creativity following the advice of inventors Stephen Key and Andrew Krauss.

    They are world's leading experts on how to license a product idea. If you have an invention idea, this is the show to watch. Stephen Key and Andrew Krauss are the cofounders of inventRight, a coaching program that has helped people from more than 65 countries license their ideas for new products. http://www.inventright.com

    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. 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.

    • 14 min
    A Full Hour of Q&A with Andrew Krauss

    A Full Hour of Q&A with Andrew Krauss

    How do you license an idea? How do you patent an invention? Learn how to become a profitable inventor and earn passive income from your creativity following the advice of inventors Stephen Key and Andrew Krauss. They are world's leading experts on how to license a product idea. If you have an invention idea, this is the show to watch.

    Stephen Key and Andrew Krauss are the cofounders of inventRight, a coaching program that has helped people from more than 65 countries license their ideas for new products.

    http://www.inventright.com

    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.

    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.

    • 1 hr 4 min

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