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License your ideas with the inventRight
one-on-one coaching program

About One-on-One Coaching

Our coaches have more experience than anyone in the industry and your success is our first priority. Whether you need a lifeline when you hit a roadblock with your product, or want a mentor you can work with, our coaches are there with the knowledge and expertise you need to turn your idea into a reality. Our innovative approach to licensing is designed to bring your idea to market while reducing unnecessary out-of-pocket costs. 



The inventRight approach to licensing reduces legal fees, can save you money on patent applications, and guides you through negotiations all while providing you with a full-time consultant. When you begin the program, your coach will evaluate your idea and provide the best strategy for you. Once you find your potential licensee, Stephen Key and Senior Licensing Coach David Fedewa will step in to provide professional guidance and ensure that you get the licensing deal you want. We care about every student. Our personal touch, along with the support of the entire inventRight community, is what helps our students to be so successful.

Our Mission: Help you bring your ideas to market and get the best deal possible.

Our Story

Founders Stephen Key and Andrew Krauss have been helping license ideas for over 15 years. Stephen Key spent his career developing and licensing products in many different industries. From the novelty gift industry to pharmaceuticals, he has become the global expert in product licensing. When he met Andrew Krauss, president of the leading inventors group in the country, they agreed to use their combined experience to start helping others who wanted to develop their ideas into products. Today, many of these people have become inventRight coaches, and the inventRight team has a background as diverse as Stephen’s. To learn more about Stephen, Andrew and our team click the about link in the menu above.

Is inventRight a Good Fit For You?

We coach students who have already brought products to market as well as total beginners. Many of our students come to us and have already begun developing their idea, meaning they’ve started or completed the patent process or have already tried to venture on their own. Others come to us with just an idea and the ambition to bring it to market. Our team of coaches has a diverse background and is designed to allow you to develop your idea at any stage in the process. Our students are located in over 40 countries across the globe. Listen to some of their stories here.

While we have helped people from all over the world bring ideas to market in a wide variety of industries, the inventRight one-on-one coaching program isn’t for everyone. We want to work with people we know we can help, and are committed to investing in our students. Like all good relationships, it’s a two-way street! We want you to be as committed to both the program and your ideas as we are. Your success is our success!

Co-Founders Stephen Key and Andrew Krauss discuss why you should join the inventRight One-On-One Coaching Program in the series of videos below.

The inventRight Student Community

With students in over 40 countries participation is not limited to residents of the United States. We are often asked, “Does this work outside of the United States? Can I participate in your program if I live outside of the U.S.?” Our answer is always: Absolutely!

Open innovation is thriving worldwide. Licensing is a global opportunity and you are invited to participate. Our international students work on filing and licensing their intellectual property in the United States before moving forward with licensing intellectual property in the country they reside.

We work with our students the same way no matter where they are located across the globe: Via phone and online communication, email, and our easy-to-use coaching session booking system. Time zones are not an issue.

The inventRight one-on-one coaching program has helped students from all corners of the world! We have had the privilege of working with students in Canada, the United Kingdom, Australia, Japan, France, Zimbabwe, and dozens of others.

Stephen has had the pleasure of being invited to speak about licensing and the inventRight one-on-one coaching program in Australia and Northern Ireland. He always looks forward to sharing his knowledge with other people.

Students In Over 40 Countries

 
Ready to get started?
Sign up today and get started immediately. Once you sign up you will receive communication from our staff, assigning you to a coach and getting you started on your journey to success.

Our One-On-One Coaching Program Includes...

 A personal coach for one full year.

Our coaches are the best in the industry, and you’ll see the difference that working with an experienced professional can make right away. Once we get to know you, you will be matched with your primary coach. Appointments are booked using our no-hassle online system. Book as frequently as you like: We don’t put a limit on sessions. We want to help you move forward at your own pace. The bond formed between coaches and students is extremely personal. Your coach is committed to your success. They will evaluate every aspect of your product or idea. They will identify and tell you exactly what your next step is so you don’t waste any time doing things you don’t need to do. Their advice is specific, actionable and comes with a thorough understanding of your product! Your coach will double check the work they gave you to do, ensuring you are doing everything right. This will dramatically increase your chances of success.

Coach Terry O’ Mara (Left) with his student
Gene K. (right) who licensed his idea.

You will supplement your education with our library of instructional videos corresponding to each step in our system while continuing to talk back and forth with your coach — always moving towards completion of a step. This combination is what leads our students to be successful.

Stephen and Andrew, the inventRight one-on-one coaching program co-founders, support the other coaches in their efforts. Think of them as a secondary coach. You can request for them to be on a conference call at any time. Please note Stephen and Senior Licensing Coach David Fedewa personally handle all licensing agreement negotiations. As soon as you receive interest from a potential licensee and/or are working on a term sheet, they will step in to help.

Weekly live hour-long webinars.

Using the reliable and number-one user rated online webinar software GoToWebinar, Stephen, Andrew, and the coaches teach class every Thursday to help you stay up to date on the latest and greatest strategies students are using to license their ideas. Pose questions to the entire team. Join the webinar via your computer, Mac or Windows based, iOS or Android Device. Discover how other inventRight one-on-one coaching program students bring their ideas to market. Hear from industry experts such as employees of the United States Patent and Trademark Office, patent attorneys, graphic designers, product scouts, and other successful inventors. Get inspired and stay motivated. If you miss a webinar, fear not: All webinars are recorded and uploaded to our students-only site shortly after the session, so you can watch them at your convenience.

inventRight Design Studio

inventRight Design Studio is a new program offered exclusively to our students. Design Studio gives you an online portal to get your digital marketing materials – from sell sheets to full showcase videos – all in one place. We use our own design team, which guarantees that you get high quality, inventRight-approved digital marketing materials that are viewable and shareable on any device. An intuitive online order platform and companion digital course guides you through all of the steps to gathering and creating the information you need to create strong sales tools. Your coach will be there to guide you through the process too, so even total beginners can be comfortable ordering for the first time. inventRight Design Studio provides you with easy and affordable access to line drawings, renderings, digital sell sheets, and showcase videos to help you sell your ideas.

Instructional materials.

A 200+ page program guidebook. Everything Stephen and Andrew know about licensing ideas has been written down in an easy-to-read guidebook.

Access to hundreds of instructional videos. Previous webinars are stored online for you to watch, including invaluable classes such as “Learn to Patent Search Like the Pros" and “Design a Winning Sell Sheet” — as well as classes on absolutely every other aspect of licensing and selling your ideas for royalties.

How We Help You…

Evaluate your product. Should you pick one project or another? What companies should you call and where do you find them? We help you determine which of your ideas you should move forward with as well as teach you how to invent with the market in mind.

Design your marketing materials. What do you really need to intrigue a potential licensee? We will teach you how to create powerful, effective sell sheets as well as short promotional videos — the tool our students are increasingly utilizing with great success. These tools will do the selling communicate your products uses, benefits and value. They make it so you don’t have to be a pitchman. Really, you’re just delivering a package — a package that effectively does the selling for you.

Learn how to write a provisional patent application. By watching the video trainings done by attorney Damon Kali, you will learn how to start licensing your own PPAs. Filing intellectual property can get expensive, quick. Learning how to file PPAs that have value and stop workarounds on your own has the potential to save you anywhere from $1,500-$3,000 if not much more. Once you file a PPA ($65) you have the right to mark your product “patent pending”.

Negotiate contracts. After negotiating countless agreements on behalf of his students (as well as his own), Stephen knows what to look out for. He has passed down his invaluable insight to Senior Licensing Coach David. When you’re close to cutting a deal, David will help you evaluate it and determine whether or not it’s the right deal for you. You will learn the ins and outs of contract language, including minimum guarantees, royalty rates, term sheets, and important clauses to ensure you get the best deal possible. And, believe it or not, once you experience a few deals with David guiding you, you’ll get it — you’ll be able to tackle negotiations, the most difficult part of licensing, on your own.

Flat Fee. The inventRight one-on-one coaching program is designed to empower you to navigate the entire licensing process from an idea in your head to a deal on the table. We care about the success of every student, and that’s why we don’t take a percentage of anything you make, and will never surprise you with hidden costs. Our flat-fee covers you for an entire year. The best part? What you’ve learned never goes away, and our coaches are always here if you need them. Once you’ve finished your first year as an inventRight student, you’ll always be able to renew the program again at a reduced rate.

Our goal is to enable you to do every aspect of licensing on your own after your experience with us, for life! We make sure to give you the resources you need so that companies will want to work with you. Experience the difference that personalized and professional coaching makes with inventRight!

Here is just a sampling of the information and advice offered in the program.

Creating a Marketable Invention
    The creative process
    Refining ideas
    Feedback
    Doing research

Bringing Your Invention to Life
    What’s necessary
    Your one-sentence benefit statement
    Visual evidence
    Inexpensive prototyping
    Sample sell sheets
    Sample work-for-hire forms

Licensing versus Manufacturing
    Factors to consider
    Risk assessment
    Doing research
    Where’s the money?

Protecting Your Inventions
    What IS a patent?
    What’s patentable?
    Background research
    Choosing a patent attorney
    Hidden costs
    The reality of rejection
    Personal patent experiences
    Sample provisional patent applications
    Sample non-disclosure agreements
Making Contact
    Why we all hate cold calling
    Making a hit list
    Finding the right way in
    Who to call
    What to say
    Sample cold call script
    How to get in using social media

Submitting Your Invention
    What you do and don’t need
    Understanding corporate America
    Visual evidence
    Learning from “no”
    Sample submission letters

Negotiating Terms
    Licensing business terms
    Advances
    Royalty rates
    Guarantees
    Performance requirements
    Territories

Policing Your Invention
    Maintaining a relationship with
        your licensees
    Stay in touch with the market
    Trade magazines
    Ripped off? What now?
Signing a Contract
    Reviewing and signing a license
    Boiler plate language
    Termination clauses
    Patent ownership
    Patent protection/policing
    Attorney input: When? How much?
    Contract management
    Sample contracts

Litigation – Does Anyone Really Win?
    The real cost
    Assessing what you want before suing
    Pursuing other methods
    Planning for the long haul
    Negotiating with your own attorneys

Don’t Quit Now – It’s a Numbers Game
    Review what you’ve learned
    Don’t stop with one invention!
    INVENT
    Submit, submit, submit
    Multiple licenses = financial gain
    Managing your product ideas

Here are a few successful products that have been developed and licensed from our students

Woof Washer 360
Over 100 million views on Facebook.
Selling on TV, Walmart, Target,
PetSmart, and other major retailers.
ZipIt Clean
Over 10’s of millions sold in Walmart,
Home Depot, Lowes, Target and
other major retailers worldwide.
Grid-It
The universal solution for carrying nearly
any product. Over 1500 SKUs. Top
selling accessory at the Apple Store.
Snap It Screw
Over 15 million kits sold globally.
The user-friendly eyeglass repair kit.
Value instantly recognized by consumers.
Nokero Bulb
Over 1.3 Million bulbs distributed in over
120 countries, including Haiti, Uganda,
Cambodia & elsewhere.
Grip Go
Over 4 million sold. The universal phone
mount for your car that allows
you to talk and drive safely.
Squigz
One of the top 10 sellings toys of 2015!
Found in every major retailer.
Designed to inspire kids imaginations.
Wordlock
Worlds first combination lock using words.
Sold in over 12,000 stores worldwide.

Click On The Videos Below To See How Some Of Our Students Have Licensed Their Ideas!


30 Day, 100% Money-Back Guarantee

Our return rate is extremely low, which we’re proud of. (And work hard to ensure stays that way.) If you’re not happy with the program after 30 days, we will return your money in full.
We are here to help! Do you have more questions about inventRight? Schedule a call and a member of our team will contact you at the time of your choice.
Ready to get started?
Sign up today and get started immediately. Once you sign up you will receive communication from our staff, assigning you to a coach and getting you started on your journey to success.
By clicking one of the links above and purchasing you agree to the inventRight one-on-one coaching program terms and conditions outlined here.

If you have problems ordering please call us at (650) 793-1477 or click here to contact us.

Free Shipping • Plus A 30 Day Money Back Guarantee

*One time payment includes a $196 single payment discount. 9 payments equals a total of $2,691.

 

About Us

inventRight is a one-on-one coaching program founded by Stephen Key and Andrew Krauss. inventRight’s aim is to empower inventors with the knowledge, guidance, and help they need to license their ideas.

 

Contact Us

1-800-701-7993 (U.S. & Canada)

1-650-793-1477 (Alaska, Hawaii & International callers)

Skype - inventright

 

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Welcome to inventRight

One-on-one Coaching Program!

We are here to help! Do you want to bring your products to market? To learn how to get started, click below to book an appointment and co-founder Andrew Krauss or another member of our team will contact you. Or call us at 1-800-701-7993

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