Here are the strategies you need to license your ideas!

Stephen Key and Andrew Krauss discuss tips and strategies for you to become successful at inventing. Learn how to write a correct provisional patent application.
Learn how to make money from your ideas.
Free Resources to help you sell your ideas: inventright.com/free-inventor...
Do you need help? inventright.com/services/
Stephen Key’s books: www.amazon.com/stores/Stephen...
Read our articles for Forbes, Inc., and Entrepreneur:
www.forbes.com/sites/stephenkey/
www.inc.com/author/stephen-key
www.entrepreneur.com/author/s...
Connect with us on LinkedIn:
/ stephenmkey
/ invent
Facebook: / inventrightllc
Visit inventRight.com.
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.

Пікірлер: 42

  • @carboncurly5398
    @carboncurly5398 Жыл бұрын

    Stephen Key and Andrew Krauss you guys doing amazing work

  • @inventRight

    @inventRight

    Жыл бұрын

    Thank you so much!

  • @josesaucedo6158
    @josesaucedo6158 Жыл бұрын

    Looking forward to meet you guys in person 😀 love your videos

  • @inventRight

    @inventRight

    Жыл бұрын

    Thank you Jose!

  • @johnmelkonyan1036
    @johnmelkonyan1036 Жыл бұрын

    Great job guys! There is so much to learn from your videos.

  • @inventRight

    @inventRight

    Жыл бұрын

    Thank you John!

  • @inventRight

    @inventRight

    Жыл бұрын

    Thanks a a lot John. -Andrew

  • @mellowforyou
    @mellowforyou Жыл бұрын

    Always enjoy watching you two feed off eachother in these videos and as always great content and information!

  • @inventRight

    @inventRight

    Жыл бұрын

    Thank you!

  • @inventRight

    @inventRight

    Жыл бұрын

    So glad our advice is helping you. -Andrew

  • @fencefirst2722
    @fencefirst2722 Жыл бұрын

    I had chat gpt write a sizzle reel.. it did amazing

  • @inventRight

    @inventRight

    Жыл бұрын

    Wonderful!

  • @zeeshankhan33733
    @zeeshankhan33733 Жыл бұрын

    i think your channel should be officially recommended by USPTO ... so the inventors could learn first and make minimum mistakes.... while patenting there product..... i have learned alot from you two mentors... thanks for such valuable information... ❤❤❤

  • @inventRight

    @inventRight

    Жыл бұрын

    Thank you so much! We appreciate the kind words!

  • @inventRight

    @inventRight

    Жыл бұрын

    Wow! What an amazing compliment! Thank you so much. - Andrew

  • @zeeshankhan33733

    @zeeshankhan33733

    Жыл бұрын

    ​@@inventRight can i send my product sell sheet to you ANDREW/ STEPHEN ,?? and if you please take a look at the sell sheet/ product , and let me know your openion about the product , that if it could be a good fit for the market or not ........( product is related to protect the delivery packages from PORCH PIRATING )...

  • @ImbentongBentongTrimond
    @ImbentongBentongTrimond Жыл бұрын

    Hi Stephen, Hi Andrew. I tried to backdoor these toy industry company portals and reach out to their creative director/ director of product development instead but some of them just circle me back to "please use our portals". is there a technique to persuade or should I just do the portal as they said?

  • @inventRight

    @inventRight

    Жыл бұрын

    Which companies are you reaching out to?

  • @ImbentongBentongTrimond

    @ImbentongBentongTrimond

    Жыл бұрын

    @@inventRight like Goliath and Hasbro

  • @inventRight

    @inventRight

    Жыл бұрын

    Hasbro has two portals. Spark is for people just starting out and they have another portal for the pros. It takes time to earn their trust for them to allow you to submit to them to their professional portal and they know the difference between amateurs and the pros.

  • @zuutube875
    @zuutube875 Жыл бұрын

    Damn I missed the live again! What time do you guys do the lives? From the UK

  • @inventRight

    @inventRight

    Жыл бұрын

    Thursdays at 10 AM PST.

  • @DiegoQSmall
    @DiegoQSmall4 ай бұрын

    Sit on toilet in the bathroom 😭😭😭 gd one hilarious!!😂

  • @astikennel
    @astikennel Жыл бұрын

    My creation is not an 'item' its a supplement to help with Psoriasis, do you work with that type of product? I already had a PPA which has expired, but my approaches to companies fell short. I am not on LinkedIn and have no desire to be either One of the companies I approached was and played tag for weeks before ghosting me.

  • @inventRight

    @inventRight

    Жыл бұрын

    Hi Cathie. Medical products like the one you are mentioning are licensable. You need to overcome your fear of no response or getting a "no" though before you can move forward. It's common for our students to reach out to 20 or 30 companies and license to one. This is why they are successful. -Andrew

  • @astikennel

    @astikennel

    Жыл бұрын

    @@inventRight so instead of going through a course of doing it myself is there a way to partner with a company to do it for me?

  • @inventRight

    @inventRight

    Жыл бұрын

    Unfortunately, we don’t know of anyone. People will promise the world, but deliver very little.

  • @astikennel

    @astikennel

    Жыл бұрын

    @@inventRight well that's unfortunate, theres about 132million people affected searching for relief

  • @inventRight

    @inventRight

    Жыл бұрын

    You can do this yourself.

  • @Ascade-Signs
    @Ascade-Signs Жыл бұрын

    This was cool until I checked your site out. The price for your services is higher than one would pay for a patent and fees alone. If your telling your students to do the work but require this money up front your not going to get the inventors your looking for. I held you guys in high regard. It's best to take these videos and do this yourself. Not like I have $1000 to be in a like minded community. Crazy G

  • @Ascade-Signs

    @Ascade-Signs

    Жыл бұрын

    This is a grab yall, be careful what you watch.

  • @inventRight

    @inventRight

    Жыл бұрын

    Thanks for commenting. Keep watching the videos they’re free.

  • @davidsandoval2846
    @davidsandoval2846 Жыл бұрын

    Hello Andrew and Spephan id like to know what your outreach on linked in sounds like. Thamk you. I'm emailing then reaching out on linked in. I get alot of connections but not much reaching back and I am connecting with the right people. Thanks

  • @inventRight

    @inventRight

    Жыл бұрын

    You have to do it the right way, or people will not connect or engage. Thank you David!

  • @fencefirst2722

    @fencefirst2722

    Жыл бұрын

    @@inventRight should you have to have the provisional before you reach out? Also how big should you get your page before getting the provisional and showing it off to people on linked in?

  • @inventRight

    @inventRight

    Жыл бұрын

    I’m afraid you need to do a little bit more homework. Absolutely file a provisional patent application before you reach out to anyone. It’s not how many connections you have, but reaching out correctly.

  • @fencefirst2722

    @fencefirst2722

    Жыл бұрын

    @@inventRight I just meant should I get my profile a little bigger to enhance credibility first? Or should I just start right from zero?

  • @fencefirst2722

    @fencefirst2722

    Жыл бұрын

    I didn't mean reach out about the idea. I guess I was unclear. I know I can't show anyone without having at least a provisional patent application. Just wondering if they care if you have very few contacts.

  • @poetamaledetto88
    @poetamaledetto88 Жыл бұрын

    Can I patent a something that already exists but made in a different way, or, a "concept", means a design model and a software? But also business ideas... Though I'm not American but European

  • @inventRight

    @inventRight

    Жыл бұрын

    That’s a great question. It all depends.