7 Tips to Connect With Companies to License Your Idea

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  • Опубліковано 6 вер 2024
  • Got a great idea and ready to license it? In this video, Steven Key shares essential tips on how to get companies to notice your product and land that licensing deal. If you want more help, check out inventRight's Gateway program - where the pros do the work for you! Ready to take the next step in licensing your product? Watch now!
    License your ideas, inventions, and products with the help of inventRight. Find out how by calling +1 (650) 793-1477 or emailing support@inventright.com. Do you have the next big hit?
    New to the licensing business model? Educate yourself first.
    - Read “One Simple Idea”: amzn.to/4fwVVOT
    - Explore inventRight’s Free Inventor Resources: bit.ly/3AaGko2
    About Stephen Key, inventRight Cofounder
    Stephen Key is an award-winning inventor, renowned intellectual property strategist, lifelong entrepreneur, author, speaker, and columnist. He has over 20 patents in his name. The dozens of concepts he has brought to market have retailed in Walmart, 7- Eleven, and Disney stores and parks worldwide and been endorsed by Michael Jordan, Alex, Trebek, and Taylor Swift. He has defended his patents in federal court against the largest toy company in the world, Lego.
    In 1999 he cofounded inventRight with inventor Andrew Krauss to teach others his unique process of harnessing the power of open innovation in the licensing business model. His best-selling book about how to license an idea, One Simple Idea by McGraw-Hill, has been translated into six languages.
    He has spoken at Stanford University, Florida State University, the University of Michigan, UC Merced, the USPTO, World IP Forum, University of the Pacific, Cal State Fullerton, Washington University in St. Louis, the Art Center College of Design in Pasadena, the Economic Development Agency for Northern Ireland, and many more. He has written five books related to product licensing and intellectual property and is a longtime contributor to Forbes and Inc.
    From 2018-2019, he was honored to serve as an American Association for the Advancement of Science-Lemelson Invention Ambassador.
    In 2021, Mojo Nation named him as one of the 100 most influential people working in the toy and game industry.
    In 2022, World IP Forum named him a “Most Influential and Inspiring Leader Of All Time.”
    About Andrew Krauss, inventRight Cofounder
    Andrew Krauss is an expert on licensing products ideas for passive income. He has been helping creative people bring their concepts to market with less risk and more success for 25 years as a cofounder of inventRight.
    During his tenure as president, he grew the Bay Area Inventors’ Alliance group into one of the most active and well-established inventor associations in the country. In addition to advising the White House on innovation, he has been featured as a speaker at USPTO conferences and on NPR’s Science Friday.
    About inventRightTV
    inventRightTV is the leading source of information for inventors and product developers on UA-cam. With 80,000 subscribers, average monthly views between 64,000-78,000, and average monthly impressions nearing 1 million, becoming an inventRightTV sponsor ensures you reach an extremely targeted audience. Email madeleine@stephenkeymedia.com for more information and to apply.
    ------------
    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.

КОМЕНТАРІ • 29

  • @inventRight
    @inventRight  2 місяці тому

    Learn More About Our Gateway Program: inventright.com/gateway/

  • @moairemusa5737
    @moairemusa5737 2 місяці тому +3

    The greatest channel on UA-cam!!!!!

    • @inventRight
      @inventRight  2 місяці тому

      Thank you so much for watching!!

  • @bv2999
    @bv2999 2 місяці тому +4

    As always Excellent Advice - short, sweet, to the point and very usefull.
    Thanks!

    • @inventRight
      @inventRight  2 місяці тому

      Thank you so much for watching and commenting! Please subscribe if you haven’t already!
      Stephen

  • @nigelkingsley
    @nigelkingsley 2 місяці тому +3

    thanxalot stephen - always motivating !!!

  • @angelv.5281
    @angelv.5281 2 місяці тому +2

    As always, great info MR Steve. I will be filling my PPA in the next 2 days and I will be reaching out to you.

    • @inventRight
      @inventRight  2 місяці тому

      Wonderful congratulations!

  • @NickNickNameName
    @NickNickNameName 2 місяці тому +1

    Rigth? Proofreading is actually important.

  • @AuroraDisneyH
    @AuroraDisneyH 2 місяці тому +1

    I’ve learned so much from your videos Stephen, thank you so much! I was curious since “times are changing” if you have a different viewpoint involving the social media craze with marketing on our own and manufacturing on our own these days. Any help is appreciated

    • @inventRight
      @inventRight  2 місяці тому +1

      Thank you for watching. Here’s a video that just might answer your question.
      ua-cam.com/video/qCaVjP1g5Ow/v-deo.htmlsi=V0Qgy9ILDQnAKv4q

  • @unforgettable1711
    @unforgettable1711 27 днів тому

    Super great idea

  • @RainyDaySocialClub
    @RainyDaySocialClub 2 місяці тому +3

    What do I do if I thought you were saying " patent Asian" instead of agent, and sent my idea to China?

    • @inventRight
      @inventRight  2 місяці тому +1

      Thank you for watching!

    • @steventeter3332
      @steventeter3332 2 місяці тому +2

      Watch the video repeatedly and listen more closely. Hire a lip reader

  • @mahmoudedi9989
    @mahmoudedi9989 2 місяці тому +2

    May I ask what happens when your patent is still pending and a company stoll your idea when you ve presented it?

    • @inventRight
      @inventRight  2 місяці тому +1

      After 25 years, no one has stolen a product from one of our members. When you have the knowledge, this is never an issue.

    • @mahmoudedi9989
      @mahmoudedi9989 2 місяці тому +1

      @@inventRight Thank you, and how long you need to wait from sending the patent email documents and to create a the prototype in a foreign company such as china.

  • @kevenclark3686
    @kevenclark3686 2 місяці тому

    Hello Mr. Stephen I would be interested in you making a video on contacting celebrities I have a couple of ideas that celebrities would maybe be interested in have you ever contacted celebrities thank you for your time

  • @mahmoudedi9989
    @mahmoudedi9989 2 місяці тому

    May I get back to you about my question how long you need to wait between from sending the patent email documents and to create a the prototype in a foreign company such as china.

    • @inventRight
      @inventRight  2 місяці тому

      I need more information.

    • @mahmoudedi9989
      @mahmoudedi9989 2 місяці тому

      @@inventRight Yes please for example I just filled in today and sent my patent request to the USPTO. How long should I wait to start creating a prototype on a foreign factory such as China. Do I realy need to wait or as some people starts even if it's still on pending approval?

  • @nigelkingsley
    @nigelkingsley 2 місяці тому

    pity you dont have the gateway connections for my product............ sniff

    • @inventRight
      @inventRight  2 місяці тому

      We’re building different categories now.
      I’ll put it on the list.

    • @samuellee7781
      @samuellee7781 2 місяці тому

      Done all checked those boxes still hard out there

  • @Money-Fast-Plan-a
    @Money-Fast-Plan-a 2 місяці тому

    *"Our greatest fear should not be of failure but of succeeding at things in life that don't really matter."* _Francis Chan

    • @inventRight
      @inventRight  2 місяці тому

      Interesting food for thought, thank you.

  • @inventRight
    @inventRight  2 місяці тому

    Learn More about our Gateway Program: inventright.com/gateway/