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Stephen Key

Friday, 09 August 2019

Congratulations On Licensing Your Idea, Michael!

Licensing Success Stories

Congratulations Michael G. on licensing your product idea! "Pretty much my whole life I've been coming up with new ways to do things. Only in the last recent years have I given serious thought to trying to monetize the things I come up with. I knew my ideas were solid, because I kept seeing them pop up on shelves. I would think to myself...

Tags:

licensing – ideas products success entrepreneurship

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Stephen Key

Friday, 22 February 2019

Celebrating Invention During the 2019 AAAS Annual Meeting

Inventing

AAAS-Annual-Meeting-Banne_20190222-201147_1

I am totally blown away by what I experienced last week at the AAAS annual meeting in Washington D.C. Scientists from all over globe attended. It was a huge honor and quite an eye-opener to be there, surrounded by all these amazingly creative thinkers. How do I fit in, you may be wondering? I was invited to share my experience commercializing inven...

Tags:

licensing – AAAS Invention Ambassadors

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Stephen Key

Thursday, 10 January 2019

If I Could Just Get On Shark Tank!

Shark Tank

“If I could just get on Shark Tank.” I hear this all the time. “If I only had enough money.” “If I just knew the right person then all my worries and all of my concerns would go away.” Bringing a product to market is not a money issue, and it’s not about whom you know. It’s a knowledge and experience issue, and gaining those takes time. There isn’t...

Tags:

licensing – Licensing ideas Shark Tank Daymond John success

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Ryan Diez

Wednesday, 02 January 2019

2018 Product Licensing Trends: inventRight Reviews the Year

Inventing

Well, that went quick. As cliché and unbelievably predictable as it may be, I ask myself, “Where did the year go?” If you are an inventRight student or a follower of our content, hopefully a good portion of the year was spent with us in some form or another. Whether you were listening to our members-only webinars hosted by our incredible coaches, o...

Tags:

licensing – invention ideas 2018 review

Anyone can license an idea!

Inventing Ideas Licensing

I believe anyone can license an idea! Not only do I believe it, I know it! I see ideas get licensed every single week. From the wacky novelty products to ideas that can change the world! There is absolutely no reason why your creativity has to stay in your head. Companies are looking for ideas. It’s a simple as that! The traditional model of bringi...

Tags:

idea ?” licensing – ideas product market novelty products

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Stephen Key

Thursday, 23 August 2018

Why do successful people have coaches?

Inventing One Simple Idea Licensing

You have talent, ambition, and great ideas. Isn't that enough? I reflected on this question last week for a long time. There is so much information available to inventors today on the topic of commercializing a product, why aren't more people successful on their own? inventRight offers the largest library of articles on licensing , over 400 free vi...

Tags:

Potential Licensee product idea product ideas licensing – inventRight students

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Stephen Key

Monday, 30 July 2018

Master the Art of Product Licensing - At Your Own Pace and In Your Own Way!

Licensing

Let the worlds leading experts on product licensing teach you how to collect royalties on your product ideas! How? With inventRight’s online licensing course, iR Academy. Learn how to license your own inventions without raising capital, starting a business, or really taking any risk at all. You probably don't even need a prototype let alone an expe...

Tags:

product idea licensing – product companies licensing deal

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Stephen Key

Monday, 14 May 2018

Can You Make a Living Licensing Ideas?

Licensing Inventing

This is a frequent question asked by inventors and creative people. And, like anything else in life, to succeed at licensing requires practice, patience, and determination. I believe that most creative people come up with product ideas because that's just the way their mind works - you create instinctively - you can't really even help it - your bra...

Tags:

product ideas licensing – people way mind works

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Stephen Key

Tuesday, 23 January 2018

Royalty Rates - How to get a Higher One!

Licensing Ideas Patents

Royalty rates are an important party of licensing – after all, it’s how you get paid! Everybody wants to know: how do I get the highest royalty rate? First let me tell you that royalty rates average about 5%. Over and over, across different industries and lots of different products, a royalty rate of 5% is standard. Once in awhile it might be 3% if...

Tags:

royalty rates licensing – royalty rate 5%

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