What is a Licensing Agreement?
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- Опубліковано 5 лип 2024
- Here are a few terms in a licensing agreement.
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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.
New videos every week, including interviews with successful entrepreneurs. Learn from the best! Pitch us your story to be featured on inventRightTV: youtube@inventright.com.
Get your own inventing coach by contacting inventRight at #1-800-701-7993 or by visiting www.inventright.com/contact.
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.
This is really great information! Thanks for sharing your wisdom and knowledge with us Stephen! ✌😎👍
Thank you for watching!
The information is gold.
Thank you!
@@inventRight You're welcome
Thank you, Stephen
Thank you very much!
Thank you Stephen 😊
Can we chat I'm confused
You are very welcome
Thank you for another great video! It was really helpful and informative, as always
Glad it was helpful!
Thank you Stephen for this great video! It was really helpful and informative, as always
Thank you so much!
TTTHANK YOU very mucho.
Thanks for watching. Keep Inventing! - Andrew Krauss, inventRight Co-Founder ( Call, email, book an appointment or request more info about how we can help by visiting us here. inventright.com/contact/ )
Thank you , sir'
Most welcome
Hi invent right. Can you make a video or offer advice on how to find the best manufacturer, if we want to manufacture our products ourselves like stephen did with his guitar picks.
Great idea.
Is it possible to make a licencing contract from outside of the USA?
Absolutely. We’ve had students in over 65 different countries!
Hey Steven i seen a video with you and marc portney ...you was saying you can't send me your sales sheet to review or you can even make it professional looking for a price....how and where can I send my sales sheet.
I’m not quite sure. I understand your question.
What if there’s no patent?
Most ideas get licensed with only a PPA.
If license my idea can I negotiate online distribution?
How do i get in with your coaching
Andrew Krauss, inventRight Co-Founder ( Call, email, book an appointment or request more info about how we can help by visiting us here. inventright.com/contact/ )
If I a product is made in another country and I have a better idea to improve it, do I need to get a license attorney in that country?
Where is the intellectual property file?
@@inventRight In Helsby England
Hi Steven @inventrightv . I am trying to budget for my project including your Premium or Gateway programme. I know it's a difficult question to answer but do you have a rough idea of the cost of negotiating a licensing agreement ?
That all depends. How long will it take? What are the issues?
Hello invite is there any licenses that you can refer me to for a toy baby doll.
Just do your homework you can do this.
@@inventRight thank you
Hey, I just filed out my provisional patent application. Do I receive a patent pending letter in the mail to show I have patent pending.
Yes you should.
OK thank you I appreciate it. I have one more question how to test the Market to see if anybody wants it
Never done this before and I would appreciate your help Thank you for your time and responding.
There’s many different ways to test the market.
I don’t do this with all of my ideas, but only the ones that are difficult.
I find a customer that just might want it.
And that interest is enough for me to move forward.
That’s why I love licensing.
Great way to test an idea.
OK thank you I am going to start calling up companies
Well don't you help with all that?
Absolutely!
Just give me a buck per.
If you say that you need to say that to a potential licensee, not us. Keep Inventing! - Andrew Krauss, inventRight Co-Founder ( Call, email, book an appointment or request more info about how we can help by visiting us here. inventright.com/contact/ )