In the second segment in this series, Stephen and Andrew continue their discussion of licensing contract terms.
Жүктеу.....
Пікірлер: 69
@margaritaescobedo841 Жыл бұрын
I find this this video extremely interesting and important. I'm writing notes for my preparation of showing my invention. Thank you Stephen and Andrew, much appreciated. Stay safe. Maggie
@favdup21344 жыл бұрын
I loooove! this man's attitude "Stephen Key" talking about attitude, he have a great!!!!! attitude, wow!!!!
@raquelandrea65293 жыл бұрын
Must watch!! Fantastic advice! So grateful for these guys! Thank you!!!
@deidregranby42433 жыл бұрын
Absolutely Amazing Did EVERYTHING a you guys suggested filed PPA made my own prototype and have a company interested Been talking 3 months Company wants to represent me Finger crossed all goes well You guys are worth gold!! Thank You Stephen and Andrew YOU GUYS THE BEST!!!!!!
@deidregranby4243
3 жыл бұрын
I Have the BOOk also ONE SIMPLE IDEA!!! Fantastic!!!!
@Barbiecakes8088 жыл бұрын
You guys are the REAL DEAL ! Your videos are insightful and very informative. I and others can clearly see the energy, enthusiasm, and Love that you have put into your presentations, videos, and books. Best licensing ( real people ) Team on the web hands down ! I have learned so much and have lots to learn , but this gives people HOPE that they can do it too ! Thank You so much for helping people make their dreams come true .
@inventRight
8 жыл бұрын
+Barbiecakes808 Wow, thank you! We're really having fun and enjoying sharing good content. Appreciate it. - Stephen
@diamondrooster64088 жыл бұрын
Amazing! thank you so much, great advice! I got your book, again its Amazing! :)
@jaketaylor28759 жыл бұрын
Thank you for taking the time to share. I have gained so much from watching your videos. The book "One Simple Idea" was a great read, and I am turning those steps into action. I look forward to your upcoming videos! Jake
@stephenkey3137
9 жыл бұрын
Thank you Jake!
@melindaalic83703 жыл бұрын
Would you have a list of interview questions that we should be asking the companies? I realize it will be a case by case situation but having some typical or general interview questions that you would recommend would be great. Thank you in advance for your son!
@rickcongeni23476 жыл бұрын
You guys have helped me sleep better at night! The Inventing process can drive you insane. Now that I have learned from your videos I am a product developer I am much more calmer....lol.
@inventRight
6 жыл бұрын
Glad to hear that Rick!
@pdub27622 жыл бұрын
Had to see this part 2. Ty sirs💪
@omyachinhead8739 жыл бұрын
LOVE YOU GUYS!!! Can't wait to view the next one!! Thank you so much!!
@stephenkey3137
9 жыл бұрын
Thank you!
@ceylonin72894 жыл бұрын
Hi guys, I love your stuff, it´s amazing advice
@inventRight
4 жыл бұрын
Thanks for watching!
@donnabeattiedreamerbydesign5 жыл бұрын
❤️
@ImbentongBentongTrimond Жыл бұрын
I`m excited to get to this part on my career~!
@inventRight
11 ай бұрын
Excellent. We are here to help if you need 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/ )
@amazingwarrior44 жыл бұрын
it's Awesome. I'm really learning ;)
@inventRight
4 жыл бұрын
Keep it up :)
@MolloRelax4 жыл бұрын
Can you tell me that, ...if I were to modify the angular shape of a specific item, to make it more comfortable to operate in its niche market...., it would constitute a potential candidate for licensing. Thanks...you guys rock
@inventRight
4 жыл бұрын
That sounds like a simple improvement. It could be a good fit for licensing. We'd be happy to talk to you about it. Reach us here: www.inventright.com/contact
@jamesgraham67965 жыл бұрын
Two thumbs up guys!
@rocketskyvolta30046 жыл бұрын
Help. I'm a t-shirt designer that did a collage using NBA players, but cannot print layout design art without a license agreement. What steps do I need to take so I can sell design on website store? Thxs
@redbootshomestead5586 жыл бұрын
Hi guys awesome Channel thank you!! Question: can I have my inventions licensed in two different countries?
@inventRight
6 жыл бұрын
Yes. Read Stephen's article "How to License an Idea to More Than One Company" for more information: www.inc.com/stephen-key/how-to-license-an-idea-to-more-than-one-company.html. Thank you for watching!
@bobruiz65489 жыл бұрын
Great info in both Part I and II. Thanks, gents, appreciate your frankness and information.
@stephenkey3137
9 жыл бұрын
Bob Ruiz Glad you liked them!
@MolloRelax7 жыл бұрын
Great info guys.....I have a great tool to submit to a relatively small niche in the construction industry.My question is this. What if the niche market; for which the product is designed ; gets saturated quickly; ,due to the fact that; the product does not wear out quickly enough to keep the demand strong;..Would that be a deterrent with the licencee manufacturer....meaning...would they likely refuse to give a minimum sale guarantee for that reason alone?
@inventRight
7 жыл бұрын
Interesting question! Not necessarily. An expert in that field who understands sales/manufacturing could give you better insight than we could.
@inventRight
7 жыл бұрын
Thank you for watching. If you're looking for more help, you can reach us here: inventright.com/contact-us-today.
@ItssJayy19 жыл бұрын
Amazing insight can you do more on the terms in contracts etc
@stephenkey3137
9 жыл бұрын
hash illy good morning. Great idea! Thanks for watching!
@coxdesigns25097 жыл бұрын
Would you be able to have a performance clause for marketing and how would that look? For example I have a manufacturer who says they want a 2 year contract non-exclusive but they want me to invest 3000 to make a prototype so they can market pitch the idea for the first year and get purchase orders and then the second year manufacture the purchase orders up to 200,000 so how could I get them to pay for prototype and give them a performance clause for the first year and second year?
@inventRight
7 жыл бұрын
Our advice is to be wary of any company that asks you to spend too much of your own money on prototyping or design, for which there are no guarantees. That is a good royalty rate. But again, that's taking on a lot of risk for yourself. How is their track record of bringing other licensed ideas to market?
@coxdesigns2509
7 жыл бұрын
inventRightTV they tell me that it's confidential I think they may not be the right company.
@davidpage78383 жыл бұрын
Hi Stephen and Andrew Could you give an example of what to put fir minimum guarantee what numbers should I put in there thank yiu
@inventRight
3 жыл бұрын
Hi David. Good question. Andrew is going live on our channel today at 4pm Pacific to answer questions from viewers - please attend to ask and get your question answered! kzread.info/dash/bejne/nZV7zKOihLi-nNY.html
@stephenferreira4277 жыл бұрын
How do you deal with a situation when they breach the contract so that you don't jeopardize future deals?
@inventRight
7 жыл бұрын
This articles will show you how to get the upper hand in a licensing contract if your licensee breaches: www.inc.com/stephen-key/receive-a-blank-royalty-check-don-t-freak-out.html.
@coxdesigns25097 жыл бұрын
With me investing the 3000 for prototype they said they would give 14% royalties
@esam78657 жыл бұрын
i HAVE A QUESTION...Where do I license my product to a company that sells similar products or a manufacture that makes them?
@inventRight
7 жыл бұрын
Not sure what you mean. Can you elaborate? Do you mean how do you identify companies that are looking for ideas? We have a list on our website inventright.com.
@esam7865
7 жыл бұрын
For stance I have a smartphone case idea where should I go to get a licenses deal? Should I go to a manufacturer that makes phone cases or go to a business that cells phone cases?
@karthiiklucky2 жыл бұрын
Respect from india to both of you 😂
@williamjefferson36053 жыл бұрын
Would like to here about deriving a royalty rate.
@inventRight
3 жыл бұрын
Andrew is going live on our channel today at 4pm Pacific to answer questions from viewers - please attend to ask and get your question answered! kzread.info/dash/bejne/nZV7zKOihLi-nNY.html
@rayazand9676 жыл бұрын
A+++
@hughjanus40407 жыл бұрын
Why not get the Dana Carvey guy to be in the same room, or get the same computer so he doesn't sound like he is in a crappy tunnel? Why the gaming headset? You guys have good info, but it's a hokey presentation. Maybe have a pre-production meeting where you plan how many segments it will take? What if you both had clocks in the room so you knew how long the segment you're winging is? Hey guys, it can only go up from here! But really, the material is good, and I'm grateful for it so thanks, truly
@inventRight
7 жыл бұрын
Thank you for watching!
@saeidsarir88337 жыл бұрын
terrific
@jb19737 жыл бұрын
I like what you guys are saying but my idea is a mobile app will this plan work me?
@inventRight
7 жыл бұрын
Mobile app licensing is a new field we are learning more about - there is so much intellectual property being debated around software right now, it is difficult to establish perceived ownership. Look for more information from us on app licensing soon. Thanks for watching!
@joephantom82883 жыл бұрын
Andrews funny😂😂😂💡
@dianejordan6855 жыл бұрын
How can u confirm if u have a legitimate patent?
@inventRight
5 жыл бұрын
What do you mean?
@addmeons37015 жыл бұрын
We have an organization of inventors offering to be our licensing broker. However, they want 50% of the deals they put together. What's your advice?
@inventRight
5 жыл бұрын
We teach inventors how to license their own ideas for products. We believe in the power of educating yourself, so you can go out and get your next deal. Our success speaks for itself: www.inventright.com/new-testimonials
@civilizedagesabers Жыл бұрын
Can I hire you?
@inventRight
Жыл бұрын
We offer services. Please visit the inventRight website or call +1 (800) 701-7993
@shirleyjames41618 жыл бұрын
I am just beginning to seek information for licensing my art which was left to me by my late husband and need expert information! Thanks I want to know more about you and your services. ShirleyJ
@inventRight
8 жыл бұрын
+shirley james Give us a call: inventright.com/contact.
@eddiefroufrou3 жыл бұрын
Gawwwd Andrew, quit interrupting Stephen!
@marke.83342 жыл бұрын
If you all haven't seen a documentary called... It's worse than you think.. by Revelations of Jesus Christ ministries... I suggest you do...All praise and glory to the most high Jesus Christ
Пікірлер: 69
I find this this video extremely interesting and important. I'm writing notes for my preparation of showing my invention. Thank you Stephen and Andrew, much appreciated. Stay safe. Maggie
I loooove! this man's attitude "Stephen Key" talking about attitude, he have a great!!!!! attitude, wow!!!!
Must watch!! Fantastic advice! So grateful for these guys! Thank you!!!
Absolutely Amazing Did EVERYTHING a you guys suggested filed PPA made my own prototype and have a company interested Been talking 3 months Company wants to represent me Finger crossed all goes well You guys are worth gold!! Thank You Stephen and Andrew YOU GUYS THE BEST!!!!!!
@deidregranby4243
3 жыл бұрын
I Have the BOOk also ONE SIMPLE IDEA!!! Fantastic!!!!
You guys are the REAL DEAL ! Your videos are insightful and very informative. I and others can clearly see the energy, enthusiasm, and Love that you have put into your presentations, videos, and books. Best licensing ( real people ) Team on the web hands down ! I have learned so much and have lots to learn , but this gives people HOPE that they can do it too ! Thank You so much for helping people make their dreams come true .
@inventRight
8 жыл бұрын
+Barbiecakes808 Wow, thank you! We're really having fun and enjoying sharing good content. Appreciate it. - Stephen
Amazing! thank you so much, great advice! I got your book, again its Amazing! :)
Thank you for taking the time to share. I have gained so much from watching your videos. The book "One Simple Idea" was a great read, and I am turning those steps into action. I look forward to your upcoming videos! Jake
@stephenkey3137
9 жыл бұрын
Thank you Jake!
Would you have a list of interview questions that we should be asking the companies? I realize it will be a case by case situation but having some typical or general interview questions that you would recommend would be great. Thank you in advance for your son!
You guys have helped me sleep better at night! The Inventing process can drive you insane. Now that I have learned from your videos I am a product developer I am much more calmer....lol.
@inventRight
6 жыл бұрын
Glad to hear that Rick!
Had to see this part 2. Ty sirs💪
LOVE YOU GUYS!!! Can't wait to view the next one!! Thank you so much!!
@stephenkey3137
9 жыл бұрын
Thank you!
Hi guys, I love your stuff, it´s amazing advice
@inventRight
4 жыл бұрын
Thanks for watching!
❤️
I`m excited to get to this part on my career~!
@inventRight
11 ай бұрын
Excellent. We are here to help if you need 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/ )
it's Awesome. I'm really learning ;)
@inventRight
4 жыл бұрын
Keep it up :)
Can you tell me that, ...if I were to modify the angular shape of a specific item, to make it more comfortable to operate in its niche market...., it would constitute a potential candidate for licensing. Thanks...you guys rock
@inventRight
4 жыл бұрын
That sounds like a simple improvement. It could be a good fit for licensing. We'd be happy to talk to you about it. Reach us here: www.inventright.com/contact
Two thumbs up guys!
Help. I'm a t-shirt designer that did a collage using NBA players, but cannot print layout design art without a license agreement. What steps do I need to take so I can sell design on website store? Thxs
Hi guys awesome Channel thank you!! Question: can I have my inventions licensed in two different countries?
@inventRight
6 жыл бұрын
Yes. Read Stephen's article "How to License an Idea to More Than One Company" for more information: www.inc.com/stephen-key/how-to-license-an-idea-to-more-than-one-company.html. Thank you for watching!
Great info in both Part I and II. Thanks, gents, appreciate your frankness and information.
@stephenkey3137
9 жыл бұрын
Bob Ruiz Glad you liked them!
Great info guys.....I have a great tool to submit to a relatively small niche in the construction industry.My question is this. What if the niche market; for which the product is designed ; gets saturated quickly; ,due to the fact that; the product does not wear out quickly enough to keep the demand strong;..Would that be a deterrent with the licencee manufacturer....meaning...would they likely refuse to give a minimum sale guarantee for that reason alone?
@inventRight
7 жыл бұрын
Interesting question! Not necessarily. An expert in that field who understands sales/manufacturing could give you better insight than we could.
@inventRight
7 жыл бұрын
Thank you for watching. If you're looking for more help, you can reach us here: inventright.com/contact-us-today.
Amazing insight can you do more on the terms in contracts etc
@stephenkey3137
9 жыл бұрын
hash illy good morning. Great idea! Thanks for watching!
Would you be able to have a performance clause for marketing and how would that look? For example I have a manufacturer who says they want a 2 year contract non-exclusive but they want me to invest 3000 to make a prototype so they can market pitch the idea for the first year and get purchase orders and then the second year manufacture the purchase orders up to 200,000 so how could I get them to pay for prototype and give them a performance clause for the first year and second year?
@inventRight
7 жыл бұрын
Our advice is to be wary of any company that asks you to spend too much of your own money on prototyping or design, for which there are no guarantees. That is a good royalty rate. But again, that's taking on a lot of risk for yourself. How is their track record of bringing other licensed ideas to market?
@coxdesigns2509
7 жыл бұрын
inventRightTV they tell me that it's confidential I think they may not be the right company.
Hi Stephen and Andrew Could you give an example of what to put fir minimum guarantee what numbers should I put in there thank yiu
@inventRight
3 жыл бұрын
Hi David. Good question. Andrew is going live on our channel today at 4pm Pacific to answer questions from viewers - please attend to ask and get your question answered! kzread.info/dash/bejne/nZV7zKOihLi-nNY.html
How do you deal with a situation when they breach the contract so that you don't jeopardize future deals?
@inventRight
7 жыл бұрын
This articles will show you how to get the upper hand in a licensing contract if your licensee breaches: www.inc.com/stephen-key/receive-a-blank-royalty-check-don-t-freak-out.html.
With me investing the 3000 for prototype they said they would give 14% royalties
i HAVE A QUESTION...Where do I license my product to a company that sells similar products or a manufacture that makes them?
@inventRight
7 жыл бұрын
Not sure what you mean. Can you elaborate? Do you mean how do you identify companies that are looking for ideas? We have a list on our website inventright.com.
@esam7865
7 жыл бұрын
For stance I have a smartphone case idea where should I go to get a licenses deal? Should I go to a manufacturer that makes phone cases or go to a business that cells phone cases?
Respect from india to both of you 😂
Would like to here about deriving a royalty rate.
@inventRight
3 жыл бұрын
Andrew is going live on our channel today at 4pm Pacific to answer questions from viewers - please attend to ask and get your question answered! kzread.info/dash/bejne/nZV7zKOihLi-nNY.html
A+++
Why not get the Dana Carvey guy to be in the same room, or get the same computer so he doesn't sound like he is in a crappy tunnel? Why the gaming headset? You guys have good info, but it's a hokey presentation. Maybe have a pre-production meeting where you plan how many segments it will take? What if you both had clocks in the room so you knew how long the segment you're winging is? Hey guys, it can only go up from here! But really, the material is good, and I'm grateful for it so thanks, truly
@inventRight
7 жыл бұрын
Thank you for watching!
terrific
I like what you guys are saying but my idea is a mobile app will this plan work me?
@inventRight
7 жыл бұрын
Mobile app licensing is a new field we are learning more about - there is so much intellectual property being debated around software right now, it is difficult to establish perceived ownership. Look for more information from us on app licensing soon. Thanks for watching!
Andrews funny😂😂😂💡
How can u confirm if u have a legitimate patent?
@inventRight
5 жыл бұрын
What do you mean?
We have an organization of inventors offering to be our licensing broker. However, they want 50% of the deals they put together. What's your advice?
@inventRight
5 жыл бұрын
We teach inventors how to license their own ideas for products. We believe in the power of educating yourself, so you can go out and get your next deal. Our success speaks for itself: www.inventright.com/new-testimonials
Can I hire you?
@inventRight
Жыл бұрын
We offer services. Please visit the inventRight website or call +1 (800) 701-7993
I am just beginning to seek information for licensing my art which was left to me by my late husband and need expert information! Thanks I want to know more about you and your services. ShirleyJ
@inventRight
8 жыл бұрын
+shirley james Give us a call: inventright.com/contact.
Gawwwd Andrew, quit interrupting Stephen!
If you all haven't seen a documentary called... It's worse than you think.. by Revelations of Jesus Christ ministries... I suggest you do...All praise and glory to the most high Jesus Christ