Strategies for selling your ideas that actually work
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- Опубліковано 12 тра 2023
- Stephen and Andrew, once again talk about what it takes to be successful at being an inventor. Things to watch out for. Do not miss their Q&A each Thursday at 10 AM Pacific on LinkedIn.
Learn how to make money from your ideas.
Free Resources to help you sell your ideas: inventright.com/free-inventor...
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www.forbes.com/sites/stephenkey/
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Call: +1 (650) 793-1477
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.
I love that statement Stephen, "does someone want my product?!" I have many ideas I need to find the most desireable and simplest of them to get going on the steps. Thanks!
Thank you for watching!
Thanks Andrew and Stephen as always another
THUMBS UP .
Thanks for watching!
Don't worry if you have haters that means you're doing something right! Keep up the good work! 😊
Unfortunately that’s the way it works!
Thank you for your advice on the UA-cam channel,it is very helpful.
I have hired Davison Inventions to do my idea and your content gives me a indepth on how Invention companies works and what to look for in a company to license our invention.
Wonderful!
@Stephen Key: I love how your passion and work ethic radiate in all of your videos. You seem so genuine and I hope to work with your company soon. Thank you for all the inspiration!
Thank you!
. . . Simply nothing like it ! . . . You & Andrew, your casual, but, yet serious advice . . . So damn good ! . . . Such a wealth of value, but, so much fun, as well . . . Thank you guys so much ! . . . [& I've been following you since meeting you in Lex.,Ky almost ten years ago] . . .
Thank you so much Jesse!
Chat gpt is great for expanding your vocabulary while writing a PPA so you can find different ways to describe your invention. It isn’t creative so it won’t be able to come up with work arounds, but it can help you find words that are more broad.
Perfect!
Arguing around 2 words in court .. loved this video Stephen !
Thank you!
Thank Stephen and Andrew! 💎’s
Joe Rogan said it best.
"Don't read the comments"
That is the same as reviews too.
But also many successful people get more sales do to bad reviews like rotten tomatoes do to movies.
People are incline to find out why others have negative views and then they find out it is the opposite and like Rappers and Musicians have a saying -
Hatez is what makes me famous. 😂😂😂
Fun observation Taino. 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 Andrew & Stephen 👍🏻
Your welcome @janebannister5767 . 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/ )
Hey there, Oh, I know,... I wish you knew of the frustration on trying to get my patent brought to fruition. It was ridiculously stupid. And like I said that the final document was misspelled.
So sorry!
Stephen cracks up Everytime Andrew says if you guys are looking for legal advice please contact a attorney lol , it's great. Stephen could be looking at his computer screen and as soon as you Andrew even start to release it he starts smile and then the cracking up makes me do the same . I can just imagine what brought that on with you two lol.
Very true!
USPTO does have resources but you got to qualify for the Pro-Bono and talk to the attorney's themselves that at least what they did with me I didn't get alot so here I am
Thank you Danny!
you guys are great help thank you so much
🎉🎉😊🎉🎉 thank you!
Hey Donna. Great to see you here as always. - 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/ )
Good day guys! I have an invention idea but don’t know where to start with so many informations out there. Certainly don’t have the money to even begin with but the idea is an amazing one. I would watch a video that lays out everything brilliantly on how to get started with the 1st, 2nd, 3rd and so forth steps then another video pops up, click on it and it breaks down reasons why all the steps that was from the previous video I just watched are not the way to go and those are very bad ideas. So basically I’d get an advice from 1 video and another video argues that those advices are bad. So now I’m stuck with this brilliant invention idea not knowing what to do especially with no money, someone who can see the trap that I’m in, please help!
from what I have been learning from listening to Stephen Keys's books on audible & the research I have done in the past , is that you don't need a working prototype to get granted a patent, without proving a new design or innovation works as described then how can you get a utility patent granted, sounds ridiculous, what's stopping someone patenting breathing air or oxygen & then suing everyone for breathing, someone patenting walking on the moon & everyone who does that has to pay patent holder .....🤗
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/ )
There’s a lot of stuff talked about in this video. They are correct saying that the USPTO is insufficient in helping inventors create a patent. I did my provisional by myself, but the design patent was ultimately created by a patent attorney. In that process the USPTO examiner (an idiot), used a COMPLETELY different, unrelated, item to argue against my application. It was unbelievable that the government had hired a blatant incompetent person as this. Ultimately, after 2 years I got my patent, but…. They spelled my name incorrectly on the document. !?!?!?!?! WTF! Just letting you know, if you didn’t know already, the government hires boneheads.
In any any organization private or public there will be more and less competent folks. I think it's rare that everyone is incompetent or everyone is super competent. - 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/ )
It's funny about the wrong name
Thank you for commenting Ed!
As I understand it, even if an invention is publicly disclosed, you can file the Ppa again within 1 year of the disclosure date and then you have another year after that file date to turn it into a patent.
For example, I file a Ppa, show it to companies but get no interest. 5 years later I post a video of my invention on UA-cam to see what people think. It is a hit so I work on licensing it now with social proof. 11 months later after publicly showing it I can file a PPA again, and then within one year after that Ppa file date I need to file the actual patent. Please correct me if I am wrong on this.
Yes, you are right. But you will lose international rights.
Please note, I am not a patent attorney. I’m not give me legal advice.
When can we start saying we have an invention that's pat pend, is it as soon as we send in our PPA?
Wait to you receive your correspondence from the US PTO.
#MafiaStyle💥
Great to see you here Wade. -Andrew
👍👍👍👍
Thx. 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 for your content. Yes comments and interactions help to tell the UA-cam AI or algorithm, that you have great content. The AI is programmed to suggest videos to potential new viewers based on the number of likes, viewer interactions, viewer click through rate, and the duration the viewer stayed to watch the video for. If it’s okay for me to share the resources I used here in this chat please let me know. I’m procrastinating my success by doing excessive research, I tell everyone it’s to minimize my potential for failure. However, I am coming to the realization that I procrastinate because I’m a chicken looking for my inner, not a chicken. I’m almost there…. Well maybe…. I’ll figure it out later.
I had the chance to review USPTO the other day. I didn't hold back either! Like WHY do they make it so hard to become a registered user? I was in the middle of filing my PPA but I had to step away for a few hours. I came back and ALL my info. was lost! Had I been a registered user my information could've been saved. Why not make it to where EVERYBODY can be a registered user?? That would be too easy I guess! 🙄
You’re absolutely right!
Hi guys! So is a Provisional patent instead of a non provisional a better option before licensing to a company?
We think so. It let's you see if there is interest first before spending a bunch of money. - 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/ )
How much revenue should a company have to approach them
For me, I just look at what retailers there in.
I got a inventions I need help......
Why would anyone used linkedin in this day and age? Lawd, you probably use zoom too!
Thank you for watching!
Seriously? What better network of professionals do you suggest in reaching out to innovation /m&a people in companies?
Hi all
Hi and 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/ )
@@inventRight Thank you. Yes, of course I will write an e-mail - I have some questions ....
@@farmer_78 Sound good. - Andrew
@@inventRight Yes, thanks Andrey - I have grandchildren here and they don’t know what to do: I’ll probably recommend your channel to them. One is studying English and she will be my translator by the end of this year...
That wasent good info to help ....all over the map u didnt give me a strait forward answer to go either way
11:00 clear conflict of interest. It's a bold face lie to say you can't write it yourself.
Thank you Peter.
as to the reviews - welcome to troll humor on the internet, just trying to give themselves a laugh on random platforms
Hi guys! I’ve been reaching out to companies to sell them my idea, but I can’t get any answers.
Is using something like InventHelp something you would suggest? Thanks!!
No way they are not good