Inventor Mike Kelly has specialized in products that save lives. How cool is that!
He shares his experiences in selling his product himself and also why he now likes the licensing business model.
He has gone from spending $250,000 on patents to $75 on a provisional patent. This interview is chock full of experiences and advice ranging from costs to start a business, to prototypes to protection.
He also talks about how hard it is to work with major automotive companies and why it’s easier to sell in the automotive aftermarket.
You can buy the product here.
https://www.wipershaker.com/
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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!
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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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