inventRightTV Podcast

inventRight cofounder Andrew Krauss will answer your inventing and licensing questions in our fourth YouTube Live! Join us Wednesday April 15th at 5pm Pacific / 8pm Eastern to get your questions about bringing your product idea to market.

Bringing an invention to market? Let inventRight, the world's leading experts on product licensing, show you how. Cofounded by Stephen Key and Andrew Krauss in 1999, inventRight has since helped people from more than 60 countries license their ideas for products. Visit http://www.inventright.com for more information and to become their student.

Call #1-800-701-7993 to set up an appointment with Andrew or another member of the inventRight team to discuss how we can help you license your ideas.

New to licensing? Read inventRight cofounder Stephen Key’s bestselling book “One Simple Idea: Turn Your Dreams Into a Licensing Goldmine While Letting Others Do the Work.” Find it here: http://amzn.to/1LGotjB.

Want to learn how to license your product ideas without a patent? Stephen's book “Sell Your Ideas With or Without a Patent” explains exactly how. 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/

inventRight, LLC. is not a law firm and does not provide legal, patent, trademark, or copyright advice. Please exercise caution when evaluating any information, including but not limited to business opportunities; links to news stories; links to services, products, or other websites. No endorsements are issued by inventRight, LLC., expressed or implied. Depiction of any trademarks/logos does not represent endorsement of inventRight, LLC, its services, or products by the trademark owner. All trademarks are registered trademarks of their respective companies.

Do you have what it takes to become a professional inventor, like Arin and Les Williams? They are inventRight students who created and licensed the Finger Baby Foods Placement.

https://www.amazon.com/First-Years-Finger-Baby-Placemat/dp/B082N8V5R8

The Finger Baby Foods Placemat, a silicone placemat with wavy grooves that enables babies to grasp pieces of food for self-feeding much more easily. After watching their daughter struggle to lift slippery vegetables and fruit (like slices of pear) off of her high-chair and into her mouth, they were inspired to design an improved placemat for babies — one that would allow babies to reach under the food to grip and hold it, not just from on top. Genius! As they reviews make clear, this is one appreciated product. No more food flying everywhere! No more frustrated babies!

They licensed their invention to the The First Years company, a baby products company that has been in business for more than 70 years. Their product is dishwasher safe and currently being used by their second child! Their first child was their product tester :)

inventRight cofounder Stephen Key interviews Arin and Les about their experience bringing their baby product to market. The baby products industry is not known for being particularly inventor-friendly. Arin and Les discuss rejection, cold calling, persistence, the importance of intellectual property, the value of first-to-market, attitude, baby industry itself, what happens after you license an idea, what being a professional inventor really means, making relationships, and much more.

This is such a simple and brilliant idea!

Take their words to heart! You will get more no's than yes's. It's all about how you handle it. It's a balancing act. So keep your emotions in check! Take your time. Think about it before you send that email. Play the long game! Believe that you will come up with many more ideas. Always set the tone so you can come back with your next great idea.

Watch our first interview with inventors Arin and Les Williams: https://youtu.be/HI2_a2W0SaY

Connect with us on LinkedIn: https://www.linkedin.com/company/inventright/

Bringing an invention to market? Let inventRight, the world's leading experts on product licensing, show you how. Cofounded by Stephen Key and Andrew Krauss in 1999, inventRight has since helped people from more than 60 countries license their ideas for products. Visit http://www.inventright.com for more information and to become their student.

Call #1-800-701-7993 to set up an appointment with Andrew or another member of the inventRight team to discuss how we can help you license your ideas.

New to licensing? Read inventRight cofounder Stephen Key’s bestselling book “One Simple Idea: Turn Your Dreams Into a Licensing Goldmine While Letting Others Do the Work.” Find it here: http://amzn.to/1LGotjB.

Want to learn how to license your product ideas without a patent? Stephen's book “Sell Your Ideas With or Without a Patent” explains exactly how. Find it here: http://amzn.to/1T1dOU2.

Hell-bent on becoming 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/

inventRight, LLC. is not a law firm and does not provide legal, patent, trademark, or copyright advice. Please exercise caution when evaluating any information, including but not limited to business opportunities; links to news stories; links to services, products, or other websites. No endorsements are issued by inventRight, LLC., expressed or implied. Depiction of any trademarks/logos does not represent endorsement of inventRight, LLC, its services, or products by the trademark owner. All trademarks are registered trademarks of their respective companies.

https://spark.hasbro.com/

Hasbro is looking for toy and game ideas from everyone! Are you their next wild card success story? Yes, that's correct. Hasbro not only works with professional toy and game inventors, the toy giant scours the globe for the best new ideas that come from anyone and anywhere.

On Thursday April 9th 2020, Hasbro partnered with inventRight to teach a webinar about toy & game inventing and licensing featuring Rich Mazel, Senior Director of Global Product Acquisition at Hasbro.

Rich knows toys. In his role as senior director of global product acquisition at Hasbro, he meets with toy inventors to hear about their new ideas every day. A toy inventor himself, he has viewed more than 40,000 concepts for new toys and games!

He loves working with wild card inventors, meaning creative people who work in outside industries like defense and medicine, and says that Hasbro has never been more open to these kinds of inventors.

Are you one of the many creative people staying inside and spending more time with your families? Do you have the next idea for a great toy or a game? This webinar is for you.

Rich and inventRight cofounders Stephen Key and Andrew Krauss go in deep on toy inventing and licensing, including the backstory behind some of the world's best-selling toys and games.

Bringing an invention to market? Let inventRight, the world's leading experts on product licensing, show you how. Cofounded by Stephen Key and Andrew Krauss in 1999, inventRight has since helped people from more than 60 countries license their ideas for products. Visit http://www.inventright.com for more information and to become their student.

Call #1-800-701-7993 to set up an appointment with Andrew or another member of the inventRight team to discuss how we can help you license your ideas.

New to licensing? Read inventRight cofounder Stephen Key’s bestselling book “One Simple Idea: Turn Your Dreams Into a Licensing Goldmine While Letting Others Do the Work.” Find it here: http://amzn.to/1LGotjB.

Want to learn how to license your product ideas without a patent? Stephen's book “Sell Your Ideas With or Without a Patent” explains exactly how. 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/

inventRight, LLC. is not a law firm and does not provide legal, patent, trademark, or copyright advice. Please exercise caution when evaluating any information, including but not limited to business opportunities; links to news stories; links to services, products, or other websites. No endorsements are issued by inventRight, LLC., expressed or implied. Depiction of any trademarks/logos does not represent endorsement of inventRight, LLC, its services, or products by the trademark owner. All trademarks are registered trademarks of their respective companies.

https://www.klugonyx.com/

Jason Klug is the CEO and founder of Klugonyx Group, LLC, a full-service product development and manufacturing sourcing firm. His background is in mechanical engineering and sales; over the course of his career, he's helped bring hundreds of new products to market. Categories of product the Klugonyx Group has worked on include baby and toy, kitchen, outdoor and sports, home, pet, and consumer electronics. He started his company doing engineering work for clients, pulling in industrial designers when needed. Eventually, over time, he slowly brought on more and more team members. Today he has engineers, industrial designers, and project managers. They help shape initial ideas from sketches, then 3D modeling work, problem solving, and more prototyping.

In this interview, inventRight cofounder Stephen Key asks Jason about how he works with independent inventors and companies to prototype their ideas to life. Jason's partner Nate will then get factory quotes and start readying for production, like identifying manufacturers, all the way through to quality control.

Jason says, "We can do it." Stephen and Jason discuss the design process, including taking clients through the idea and asking, is this as well-thought out as it could be? Is there more to it? Are there too many features? These are hugely important questions that needed to be answered!

They also discuss intellectual property, how Jason's firm helps save inventors time and money, pricing, production, overseas manufacturing, and more.

As Jason puts it, they how to plow through walls. That's a great one-line benefit statement! And exactly the task of an entrepreneur. When he hits those walls, the client is going to hear about it. That's the difference between hiring different freelancers to help you.

Bringing an invention to market? Let inventRight, the world's leading experts on product licensing, show you how. Cofounded by Stephen Key and Andrew Krauss in 1999, inventRight has since helped people from more than 60 countries license their ideas for products. Visit http://www.inventright.com for more information and to become their student.

Call #1-800-701-7993 to set up an appointment with Andrew or another member of the inventRight team to discuss how we can help you license your ideas.

New to licensing? Read inventRight cofounder Stephen Key’s bestselling book “One Simple Idea: Turn Your Dreams Into a Licensing Goldmine While Letting Others Do the Work.” Find it here: http://amzn.to/1LGotjB.

Want to learn how to license your product ideas without a patent? Stephen's book “Sell Your Ideas With or Without a Patent” explains exactly how. Find it here: http://amzn.to/1T1dOU2.

inventRight, LLC. is not a law firm and does not provide legal, patent, trademark, or copyright advice. Please exercise caution when evaluating any information, including but not limited to business opportunities; links to news stories; links to services, products, or other websites. No endorsements are issued by inventRight, LLC., expressed or implied. Depiction of any trademarks/logos does not represent endorsement of inventRight, LLC, its services, or products by the trademark owner. All trademarks are registered trademarks of their respective companies.

Yes that's right — inventRight cofounder and inventRightTV host Andrew Krauss is going live again on our YouTube channel inventRightTV Wednesday April 8th at 5pm Pacific/8pm Eastern. Bring your inventing and licensing related questions!

Bringing an invention to market? Let inventRight, the world's leading experts on product licensing, show you how. Cofounded by Stephen Key and Andrew Krauss in 1999, inventRight has since helped people from more than 60 countries license their ideas for products. Visit http://www.inventright.com for more information and to become their student.

Call #1-800-701-7993 to set up an appointment with Andrew or another member of the inventRight team to discuss how we can help you license your ideas.

New to licensing? Read inventRight cofounder Stephen Key’s bestselling book “One Simple Idea: Turn Your Dreams Into a Licensing Goldmine While Letting Others Do the Work.” Find it here: http://amzn.to/1LGotjB.

Want to learn how to license your product ideas without a patent? Stephen's book “Sell Your Ideas With or Without a Patent” explains exactly how. 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/

inventRight, LLC. is not a law firm and does not provide legal, patent, trademark, or copyright advice. Please exercise caution when evaluating any information, including but not limited to business opportunities; links to news stories; links to services, products, or other websites. No endorsements are issued by inventRight, LLC., expressed or implied. Depiction of any trademarks/logos does not represent endorsement of inventRight, LLC, its services, or products by the trademark owner. All trademarks are registered trademarks of their respective companies.

https://morfboard.com/

Eitan Kramer is an entrepreneur, actor, inventor, former professional inline skater, trainer, and Guinness World Record holder. He is the creator of the MorfBoard system, which was invented to bring action sports to everyone in a way that is accessible, simple, affordable, and fun — in a totally new and innovative way. Product licensing expert Stephen Key interviews Eitan about his experience becoming an entrepreneur and bringing the MorfBoard to market, including a Kickstarter campaign and a licensing deal.

The MorfBoard is a skateboard that not only converts into a scooter, but is also a balance board and even a bounce board for catching big air. Meaning children can test out four different kinds of movement, to see which they might like best, before committing to just one.

Today the MorfBoard is sold by toy company Jakks Pacific.

Eitan left action sports for the fitness world, where he discovered that people who were getting fit weren't loving it the way he knew other movers did. So, how could he bring his love of action sports down to a micro level so more people could experience it? You can bounce on it, balance on it, roll out on it — all movements that are functional and fun. If you can be developing skill while moving, he realized, the play element would be brought back into movement.

After raising $300,000 from friends and family, he did a Kickstarter campaign, but it failed, and he was devastated. He did everything we say you don't quite need to do at first, like paying for prototypes and patents. When he wasn't successful, his community hoped he would move on. But Eitan wasn't done. He realized his invention was a better product for kids instead of adults. With the MorfBoard, kids can experience a lot of really fun movement patterns without spending a lot of money on gear.

Stephen asked Eitan about why he decided to go the licensing route instead, and how he landed on licensee Jakks Pacific. They also discuss the nuances of his deal, like Eitan's level of involvement historically and today. Eitan has been extremely involved with his licensee, which he describes as fantastic and offering tons of support.

Eitan discusses the many new products he's working on, a couple of which are close to a deal. No surprise here: He loves outdoor active play products!

He explains how he is essentially doing project management, trying to push all of his projects forward. His advice for inventors is patience, perseverance, and play. Even when everything is on your side of the court, like ideation and design, it's still going to take a ton of time! He's been rejected so many times. And if you aren't playful with your inventing projects, it's going to be a lot harder to be creative.

Ultimately, he describes his motivation for inventing the MorfBoard.

You have to be persistent to bring a product to market.

Bringing an invention to market? Let inventRight, the world's leading experts on product licensing, show you how. Cofounded by Stephen Key and Andrew Krauss in 1999, inventRight has since helped people from more than 60 countries license their ideas for products. Visit http://www.inventright.com for more information and to become their student.

Call #1-800-701-7993 to set up an appointment with Andrew or another member of the inventRight team to discuss how we can help you license your ideas.

New to licensing? Read inventRight cofounder Stephen Key’s bestselling book “One Simple Idea: Turn Your Dreams Into a Licensing Goldmine While Letting Others Do the Work.” Find it here: http://amzn.to/1LGotjB.

Want to learn how to license your product ideas without a patent? Stephen's book “Sell Your Ideas With or Without a Patent” explains exactly how. 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/

inventRight, LLC. is not a law firm and does not provide legal, patent, trademark, or copyright advice. Please exercise caution when evaluating any information, including but not limited to business opportunities; links to news stories; links to services, products, or other websites. No endorsements are issued by inventRight, LLC., expressed or implied. Depiction of any trademarks/logos does not represent endorsement of inventRight, LLC, its services, or products by the trademark owner. All trademarks are registered trademarks of their respective companies.

https://sid07designs.com/drill-duster-home/

Siddarth Gupta is the inventor of the Drill Duster, a simple mechanical accessory that can be attached to any hand-held drilling machine to collect dust at the very source without the need of any additional motors or batteries. It protects your lungs by keeping the work environment dust-free during and after drilling, can collect and store dust for up to 20 holes, weighs less than 100 grams, and avoids all the mess so that no post-drilling clean up is required, ever!

Sid explains the origin of his invention, which is patented in India and on the market now.

"One of my early days after coming back to India from Germany having completed my masters, I was drilling a hole on the ceiling of my room to hang my bicycle that was rusting in the backyard and came across a pain.

During the process of drilling, quite a significant amount of dust was generated and some of it fell on my right eye, even though I was wearing eye protection. I had an eye infection for about a week and really thought to myself: Why was there no solution to collect dust for the most used power tool, the drilling machine? I went to the web and found some solutions, however, most of these solutions required an external vacuum cleaner to collect the dust and others were just below par designs when it came to capturing the lighter air borne dust (that caused my eye infection).

So, he designed a better solution that utilizes the already available forces and motion during drilling to extract the drill dust. This is a very clever design. Congratulations Sid!

Product licensing expert Stephen Key interviews Sid to learn more about how he brought this invention to market from India.

Bringing an invention to market? Let inventRight, the world's leading experts on product licensing, show you how. Cofounded by Stephen Key and Andrew Krauss in 1999, inventRight has since helped people from more than 60 countries license their ideas for products. Visit http://www.inventright.com for more information and to become their student.

Call #1-800-701-7993 to set up an appointment with Andrew or another member of the inventRight team to discuss how we can help you license your ideas.

New to licensing? Read inventRight cofounder Stephen Key’s bestselling book “One Simple Idea: Turn Your Dreams Into a Licensing Goldmine While Letting Others Do the Work.” Find it here: http://amzn.to/1LGotjB.

Want to learn how to license your product ideas without a patent? Stephen's book “Sell Your Ideas With or Without a Patent” explains exactly how. Find it here: http://amzn.to/1T1dOU2.

inventRight, LLC. is not a law firm and does not provide legal, patent, trademark, or copyright advice. Please exercise caution when evaluating any information, including but not limited to business opportunities; links to news stories; links to services, products, or other websites. No endorsements are issued by inventRight, LLC., expressed or implied. Depiction of any trademarks/logos does not represent endorsement of inventRight, LLC, its services, or products by the trademark owner. All trademarks are registered trademarks of their respective companies.

https://bedscrunchie.com/

How do you know who to trust? Especially when you fly to China to meet with manufacturers?

This is Part 3 of Stephen's interview series of Jack and Mike, the entrepreneurs who brought Bed Scrunchie to market. Bed Scrunchie prevents your bed sheets from getting loose. The topic is manufacturing. Jack and Mike describe what they did to get started and how you begin to trust anyone. A lot of decisions are made on intuition. How do you know when someone is trying to game you? Jack explains that you're going to feel it! You can't know good until you've seen good and vice-versa. The moral? You need to dive in and try. He bought a one-way ticket to China and told himself he wouldn't come back until he knew what he was doing. A good factory will send a car for you! How do you know if you are dealing with an owner, an associate, or a trading company?

Jack and Mike describe their technique for making sure their idea for Bed Scrunchie was protected when they began working with overseas manufacturers. What tells you you've got the right guy? Testimonials? Referrals? They assessed who was actually helpful and put effort forth into helping them achieve their goals. You can't fake effort!

This is an extremely inspirational interview where Jack and Mike break down the reality of what it takes to become a successful entrepreneur.

Watch Part 1 "How Jack and Mike Brought Bed Scrunchie to Market": https://youtu.be/0nkLZBOuwzc

Watch Part 2 "Using LinkedIn to Get PR For Your Invention": https://youtu.be/WlugoEStfXY

Bringing an invention to market? Let inventRight, the world's leading experts on product licensing, show you how. Cofounded by Stephen Key and Andrew Krauss in 1999, inventRight has since helped people from more than 60 countries license their ideas for products. Visit http://www.inventright.com for more information and to become their student.

Call #1-800-701-7993 to set up an appointment with Andrew or another member of the inventRight team to discuss how we can help you license your ideas.

New to licensing? Read inventRight cofounder Stephen Key’s bestselling book “One Simple Idea: Turn Your Dreams Into a Licensing Goldmine While Letting Others Do the Work.” Find it here: http://amzn.to/1LGotjB.

Want to learn how to license your product ideas without a patent? Stephen's book “Sell Your Ideas With or Without a Patent” explains exactly how. 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/

inventRight, LLC. is not a law firm and does not provide legal, patent, trademark, or copyright advice. Please exercise caution when evaluating any information, including but not limited to business opportunities; links to news stories; links to services, products, or other websites. No endorsements are issued by inventRight, LLC., expressed or implied. Depiction of any trademarks/logos does not represent endorsement of inventRight, LLC, its services, or products by the trademark owner. All trademarks are registered trademarks of their respective companies.

https://duderobe.com/

Please note: This interview was conducted on February 7th 2020, when the global outbreak of the coronavirus looked differently.

Howie Busch is the creator of DudeRobe, a nationally-known loungewear set for men beloved by professional athletes and featured in an episode of ABC's Shark Tank. Howie is an attorney in addition to be an inventor and a former coach for inventRight. He is active within the inventor community, known for sharing his hard-won insights with the USPTO and to inventor groups.

Stephen asks Howie how busy he is with DudeRobe and how demanding is the job of an entrepreneur. Howie says, "You better love it." He is continuously having one problem to solve after another, whether it's with samples or manufacturing or bad reviews on Amazon. Howie does his manufacturing in Pakistan. He is working on version 2.0 now. They discuss the benefits of working with different manufacturers, how Howie found his manufacturer, and how that intersected with his Kickstarter campaign. He says that manufacturing and fulfillment are two of the biggest issues entrepreneurs face with venturing. Howie currently has his product at his house because he's switching fulfillment centers!

They define what fulfillment is. They discuss other problems and opportunities in selling online, like reviews and copycats. Bad reviews really hurt! They also talk about money. Can you do this on a shoestring? It depends on the product. The Internet has made testing much easier. No one wanting to make his invention has been part of his protection strategy! DudeRobe is on the more complex side. Nicely done Howie!

Watch Part 1 of Stephen's interviews with Howie "The Impact of Appearing on Shark Tank": https://youtu.be/U-gbE2QfY2M

Bringing an invention to market? Let inventRight, the world's leading experts on product licensing, show you how. Cofounded by Stephen Key and Andrew Krauss in 1999, inventRight has since helped people from more than 60 countries license their ideas for products. Visit http://www.inventright.com for more information and to become their student.

Call #1-800-701-7993 to set up an appointment with Andrew or another member of the inventRight team to discuss how we can help you license your ideas.

New to licensing? Read inventRight cofounder Stephen Key’s bestselling book “One Simple Idea: Turn Your Dreams Into a Licensing Goldmine While Letting Others Do the Work.” Find it here: http://amzn.to/1LGotjB.

Want to learn how to license your product ideas without a patent? Stephen's book “Sell Your Ideas With or Without a Patent” explains exactly how. Find it here: http://amzn.to/1T1dOU2.

inventRight, LLC. is not a law firm and does not provide legal, patent, trademark, or copyright advice. Please exercise caution when evaluating any information, including but not limited to business opportunities; links to news stories; links to services, products, or other websites. No endorsements are issued by inventRight, LLC., expressed or implied. Depiction of any trademarks/logos does not represent endorsement of inventRight, LLC, its services, or products by the trademark owner. All trademarks are registered trademarks of their respective companies.

Get your inventing and licensing questions answered by inventRight cofounder Andrew Krauss in our second YouTube Live. Andrew tackles a wide range of inventing and licensing related questions on everything from prototyping, patents, reaching out to potential licensees, and much more.

When should we have our next YouTube Live? Leave us a comment with your preferred time and date!

Bringing an invention to market? Let inventRight, the world's leading experts on product licensing, show you how. Cofounded by Stephen Key and Andrew Krauss in 1999, inventRight has since helped people from more than 60 countries license their ideas for products. Visit http://www.inventright.com for more information and to become their student.

Call #1-800-701-7993 to set up an appointment with Andrew or another member of the inventRight team to discuss how we can help you license your ideas.

New to licensing? Read inventRight cofounder Stephen Key’s bestselling book “One Simple Idea: Turn Your Dreams Into a Licensing Goldmine While Letting Others Do the Work.” Find it here: http://amzn.to/1LGotjB.

Want to learn how to license your product ideas without a patent? Stephen's book “Sell Your Ideas With or Without a Patent” explains exactly how. 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/

inventRight, LLC. is not a law firm and does not provide legal, patent, trademark, or copyright advice. Please exercise caution when evaluating any information, including but not limited to business opportunities; links to news stories; links to services, products, or other websites. No endorsements are issued by inventRight, LLC., expressed or implied. Depiction of any trademarks/logos does not represent endorsement of inventRight, LLC, its services, or products by the trademark owner. All trademarks are registered trademarks of their respective companies.