Crowd funding is not right for most inventors. In this video Andrew does a deep dive into the reasons and gives you a much better alternative. The alternative is licensing. With licensing, you get the money, the workforce and the distribution all in one place with very little risk. And you don’t need to start a company. But you can still go big with your invention ideas when licensing. Actually much bigger than you could on your own!
How do you license an idea? How do you patent an invention? Learn how to become a profitable inventor and earn passive income from your creativity following the advice of inventors Stephen Key and Andrew Krauss. They are the world’s leading experts on how to license a product idea. If you have an invention idea, inventRightTV is the show to watch.
Stephen Key and Andrew Krauss are the cofounders of inventRight, a coaching program that has helped people from more than 65 countries license their ideas for new products.
If you have questions about how to invent, how to be creative, design, how to do market research, prototyping, manufacturing, negotiating, pitching, how to sell, how to cold call, how to reach out to open innovation companies, licensing agreements, non-disclosure agreements, patents, copyright, trademarks, and intellectual property in general — subscribe to inventRightTV! New videos every week, including tons of entrepreneur success stories.
Inventing can be lonely, but you don’t have to go it alone! Join the inventRight community for priceless inventor education, mentorship, support, accountability, hand-holding, honesty about the invention industry, and so much more.
Contact us at #1-800-701-7993 or https://www.inventright.com/contact.
This is the book you need to license your product idea: “One Simple Idea: Turn Your Dreams Into a Licensing Goldmine While Letting Others Do the Work.” Find it here: http://amzn.to/1LGotjB.
This is the book you need to file a well-written provisional patent application: “Sell Your Ideas With or Without a Patent.” Find it here: http://amzn.to/1T1dOU2.
Determined to become a professional inventor? Read Stephen’s new book «Become a Professional Inventor: The Insider’s Guide to Companies Looking For Ideas»: https://www.amazon.com/gp/product/1653786256/
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