Pitching Ideas? Use NDAs Like This, Not Like That
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: 27
Stephen, thank you, this is the exact video I was looking for in my situation. How amazing is it that you just posted this 2 days ago? I'm commenting this from a hotel room at a trade show getting contacts to send information to! I've followed all of the advice from your 3 books and your KZread channel to file 2 PPAs and 1 Trademark! I was stuck on the next part: Okay, I met the right person, and I have their contact info, but I can't just send them everything right? Now I know to say how great it was to meet them, and politely ask if we can sign a standard mutual NDA to protect both of our interests, and they will likely provide one, and we can move forward from there. Thank you Stephen! Edit and thank you Andrew and the team for all of your help!
@inventRight
5 ай бұрын
Wow! That is great timing. 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/ )
Thanks Stephen!
@inventRight
5 ай бұрын
Thank you!
Informative. Great. Please do more such videos. Focus more on terminologies and information we will need to know a product developer. Also make more on how to write a good business-perspective PPA (with examples). Thanks.
@inventRight
5 ай бұрын
If you are looking for help with your PPA, please consider our program SmartIP - it produces excellent results, is affordable, and was co-created with leading patent attorney Gene Quinn: inventright.com/patents/
Very well explained Stephen, thank you!
@inventRight
5 ай бұрын
Agreed. Stephen did a great job. - 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 Stephen 🙌
@inventRight
5 ай бұрын
My pleasure!
great advice thanks :)
Wow wow, gracias
@inventRight
5 ай бұрын
Thanks for the kind words for Stephen. 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/ )
How long should we expect to wait for a response once a company reviews your sell sheet/email for consideration....2 weeks - 3 weeks? & what should we do in the meantime thankyou :)
@inventRight
5 ай бұрын
It all really depends on the time of year, the category, the complexity of your product idea to evaluate. You should ask them.
@jerrysanders9101
5 ай бұрын
It can take many months as Stephen suggested.
@inventRight
5 ай бұрын
Please note every situation is different.
. . . In my 'comment' (above), l meant to say P.P.A. (!), NOT nda ! . . . (?)
@inventRight
5 ай бұрын
No worries. - 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/ )
Camera repeatedly out of focus 😢
@inventRight
5 ай бұрын
It’s probably my lousy camera.
. . . But, Stephen, Gene ('ipwatchdog') argues against refilling an NDA (clarification needed !) . . . 😮
@inventRight
5 ай бұрын
Please give me more information. Thank you.
@jessenorthcutt9926
5 ай бұрын
. . . Just noticed I incorrectly referred to NDA , I actually meant to say P.P.A. (!) ; as you did refer to 'refilling' P.P.A.s in the vid. . . . (?) @inventRight
@ThisGuyGetsIt94
5 ай бұрын
@@jessenorthcutt9926 You're correct that Stephen refers to refiling a PPA. However, he refers to it as a Last Case Scenario, in case you have not got your product to market within that year of filing your PPA. And he only refers to it because he mentions that if you got an NDA (Non DISCLOSURE Agreement) then technically you have not PUBLICLY DISCLOSED your idea from your PPA, and therefore you would have the LEGAL RIGHT to refile :) hope that helps! And someone please correct me if I got anything wrong!
Shouldn’t you have your own corporate attorney look at their nda and make track changes if need be before you sign it? If you make it that far with a large company? Seems logical and as you said gives appearance of professionalism. Hopefully wouldn’t anger the company but if they’re interested they’re interested it would seem. Thanks Stephen!
@inventRight
5 ай бұрын
Most NDA’s that are provided by large companies won’t change some of the issues. Could you imagine them changing things and their NDA for every person.