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Ryan Diez

Thursday, 24 September 2020

Prototype Pitfalls

Inventing

One of the single most exciting things an inventor can hear along his or her inventing journey is without a doubt, "Can you send me a prototype?" For many, this is the first time their idea has received any level of validation. To a novice inventor, the request to send a prototype is simply monumental. At inventRight, we have long taught our studen...

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Licensing Inventors Prototype Pitfalls Mistakes

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April Mitchell

Tuesday, 21 July 2020

How Pitching Inventions is Similar to Landing a Big Fish

Inventing

Yesterday while fishing, I realized that inventing products for different industries is a lot like fishing. I grew up fishing and I've always enjoyed watching a largemouth bass jump out of the water after my popper. Timing is everything and you have to hook 'em at just the right moment or you'll lose the fish. The largemouth bass pictured below put...

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Licensing Inventors Pitching Fishing Tips

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Ryan Diez

Monday, 11 May 2020

Not All No’s Are Created Equal

Inventing

When a new student joins inventRight, he or she is paired up with a personal coach who will hold their hand through our 6-month "boot camp" journey. The end goal, of course, is to obtain a licensing agreement for their product and to leave us with the knowledge and confidence to pitch future products quickly and effectively. When inventRight cofoun...

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Licensing Product Product Developer Success Rejection

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Ryan Diez

Thursday, 09 April 2020

Inventors, Focus On Inventing for the Next Virus

Inventing

The coronavirus has affected the world in a way in which most of us have never seen. Years ago, my father told me the story of how he was at high school football practice when it was announced over the PA speaker that President John F. Kennedy had been shot and killed. For my father, this was a life event that he would never forget. In my life, the...

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Licensing Inventing Coronavirus Inventor Life-Saving

What It’s Really Like Attending a Trade Show as an Inventor

Getting In

Many years back I attended the "Super Zoo" trade show in Las Vegas, NV. Billed as the most-attended pet industry trade show in North America, I was nervous to attend to say the least. This was the first time I had ever shown my product, the Woof Washer 360, publicly. I couldn't afford a booth (not that I necessarily wanted or needed one.) I had no ...

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Licensing Trade Shows Super Zoo Pet Entrepreneur

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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...

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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...

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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...

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Licensing Licensing Ideas Shark Tank Daymond John Success

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...

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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...

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Idea Licensing Ideas

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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 vid...

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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 expen...

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Product Idea Licensing Product Companies Licensing Deal

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Stephen Key

Monday, 14 May 2018

Can You Make a Living Licensing Ideas?

Inventing Licensing

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...

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Product Ideas Licensing People

Royalty Rates - How to get a Higher One!

Patents Ideas Licensing

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...

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Royalty Rates Licensing Royalty Rate

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