inventRightTV Podcast

Toy inventor Ken Johnson has been collecting royalties for 37 years on his card game Phase 10. What an amazing feat to have a licensing agreement for that long.

Ken will be speaking along with Stephen Key and several other successful inventors at the Michigan Inventors Expo, Thursday, August 29th. If you are in the area this is an event you won't want to miss.

Visit the link below to learn more and get your tickets now!

https://www.eventbrite.com/e/7th-annual-michigan-inventors-expo-tickets-55925008205

Bringing an invention to market? Let inventRight, the world's leading experts on product licensing, show you how. Co-founded by Stephen Key and Andrew Krauss in 1999, inventRight has since helped people from more than 60 countries license their ideas. 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.

We’re giving away a Bootcamp Coaching package live at the 7th Annual Michigan Inventors Expo on 8/29 in Lansing, Michigan!

inventRight has partnered with event co-hosts — Michigan Inventors Coalition and Inventors Groups of America — to offer special breakout sessions this year featuring informational presentations and Q&A sessions from our cofounders.

Everyone who registers and attends an inventRight breakout session will be automatically entered for a chance to win a full inventRight Bootcamp Coaching Package! The winner will be announced live at the end of the conference and must be present to win.

We hope to see you there!

https://www.eventbrite.com/e/7th-annual-michigan-inventors-expo-tickets-55925008205

What you could win:

— A personal licensing coach for 6 months

— Expert negotiations advising through every deal

— Write provisional patent applications fast with unlimited access to SmartIP

— Access to our online members-only forum

— Live hour-long webinars twice a month

— A free sell sheet or video from our Design Studio

— A complete education in our 10-step approach to licensing

— Intuitive online instructional materials

— Access to inventRight Connect, our database of 1,000s of companies looking for ideas

Bringing an invention to market? Let inventRight, the world's leading experts on product licensing, show you how. Co-founded by Stephen Key and Andrew Krauss in 1999, inventRight has since helped people from more than 60 countries license their ideas. 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.

Licensing expert Andrew Krauss interviews inventRight student Matthew P. about his experience bringing his smart de-icing system to market. This is an unusual product in some senses because of the high price. Matthew is a crane operator and a lifelong tinkerer who enjoys being in hands-on fields. Michael's story illustrates how much of inventing actually takes place after you get interest — not before. This is a fundamental point! You have to embrace the opportunity to make your invention better and more practical for your licensee. You have to be able to listen and reinvent. He and Andrew also discuss the challenges that accompany seasonal products, including testing.

Congratulations again Matthew!

Check out Matthew's invention: https://youtu.be/wej6O4yZtC0

Here's what he said about his inventRight coaching experience. "I just licensed my driveway deicer system called Klear Way! This system will be sold through out the United States and possibly Canada in the near future. I am also working on two other products right now. Needless to say I am very excited!

I want to personally thank my coaches and inventRight. Since I joined the program, I have never looked back! From day one there has been a wealth of information at my disposal.

The coaches are phenomenal. No one is pretending here. They are genuinely here to help you reach your goals. They are passionate about what they do. I have personally been coached by three different coaches: Karen Steinbock, Paul Sorenson, and David Fedewa. Each as professional as the next but offering their own unique take on inventing and licensing.

Many think that they don't have the time to bring their products to life. I can tell you I could always set up an appointment with a coach when I needed help. That is saying something given I work sometimes 55-60 hours a week. inventRight was always there, even later at night or earlier in the mornings.

Bottom line, if you have the drive and do the work, inventRight can help you reach your dreams! Going the extra mile for you is what they do!” — Matthew P.

Bringing an invention to market? Let inventRight, the world's leading experts on product licensing, show you how. Co-founded by Stephen Key and Andrew Krauss in 1999, inventRight has since helped people from more than 60 countries license their ideas. 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.

Licensing expert Stephen Key shares the latest information he has received about the direct response marketing television (DRTV) industry from Trish Dowling, senior vice president of merchandising for All-Star Products Group.

The company does direct response marketing, which means direct to consumer. They directly contact consumers in various ways. One way is through television, also known as infomercials. Another is through Facebook and Instagram. They also sell to all the major retailers direct to consumer. She has been with the company for eight years now.

Stephen discusses why your approach should be different for DRTV, what kinds of ideas are the right fit for this industry, the benefit of having a prototype, whether patents are important, manufacturing costs and pricing, and more.

Bringing an invention to market? Let inventRight, the world's leading experts on product licensing, show you how. Co-founded by Stephen Key and Andrew Krauss in 1999, inventRight has since helped people from more than 60 countries license their ideas. 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.

Licensing expert Stephen Key catches up with Michael Van Horst, an inventRight student who successfully licensed his improvement for hanging art. No tools needed! He describes what it feels like to see your invention turned into a real product on a shelf. Mike and his wife have been pitching his invention at trade shows across the country. Congratulations Michael!! If you're attempting to license your product, inventRight can help.

You can find Push & Hang in retailers across the country, including Ace Hardware, as well as here: https://hangmanproducts.com/products/push-hang-picture-hanging-tool

Watch Stephen's first interview with Michael from 2018: https://youtu.be/HlLDP5rZ9Po

Bringing an invention to market? Let inventRight, the world's leading experts on product licensing, show you how. Co-founded by Stephen Key and Andrew Krauss in 1999, inventRight has since helped people from more than 60 countries license their ideas. 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.

Licensing expert Stephen Key interviews Sef Chang, a professionally trained product designer and successful inventor who helps educate people about licensing on his YouTube channel 'House of Royalties.' He documents his experience licensing his ideas for products and inspires others to take action. He is also a former inventRight student. He shares why licensing is the perfect fit for creatives and that it's not just limited to products — licensing is a way of doing business and exists across all industries and spectrums, including books and movies. The first product he licensed was super simple, and for the novelty gift industry. Check out Kikkerland's Mini Back-Scratcher: https://kikkerland.com/products/mini-backscratcher-asst-prints

Congratulations Sef! Thanks for growing our community!

Subscribe to 'House of Royalties': https://www.youtube.com/houseofroyalties

Learn more about Sef: https://www.inc.com/stephen-key/love-to-create-fun-products-consider-novelty-gift-licensing.html

Bringing an invention to market? Let inventRight, the world's leading experts on product licensing, show you how. Co-founded by Stephen Key and Andrew Krauss in 1999, inventRight has since helped people from more than 60 countries license their ideas. 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.

Licensing expert Stephen Key interviews John Cremeans, one of the first on-air home shopping hosts who is considered a pioneer in the home shopping industry. From 1985 to 2019, Cremeans's span of 34 consecutive years as a national television host and guest is rivaled by only a few in electronic retailing with over 35,000 live television hours, over $2 billion dollars in sales and over 100,000 product presentations. Cremeans returned to HSN as a guest from 2012 through 2016, and has been a guest presenter on EVINE.

In 2014 the Electronic Retailing Association, at their annual Moxies Awards, honored John by naming him the Best Product Expert in direct response worldwide. He also co-hosted a nationally syndicated invention and innovation radio show, My Cool Inventions, from 2012 to 2018 and created the digital streaming channel, Inventions and Gadgets, which airs live programming 24/7 on Roku TV, Amazon FireTV, Android TV, Facebook Live and Youtube. Cremeans also helped in the development and establishment of America's Talk Radio Network which helped to syndicate over 30 radio shows nationally from 2014 to 2016.

John offers his advice and tips on pitching products in this lengthy episode.

Congratulation on your remarkable career in the industry, John! Your insights on pitching are priceless.

Bringing an invention to market? Let inventRight, the world's leading experts on product licensing, show you how. Co-founded by Stephen Key and Andrew Krauss in 1999, inventRight has since helped people from more than 60 countries license their ideas. 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.

Product licensing expert Stephen Key interviews Kedma Ough, a nationally recognized small business advocate who can show you how to find the funding you need to help bring your product, project, and/or invention to life. She is passionate about leveling the playing field for people. If you don't know how to play the game, you're at a disadvantage. Kedma has helped more than 10,000 businesses. She understand the needs of small businesses and more importantly she understands the needs to build exceptional programs that support small business communities. She is also a fifth-generational entrepreneur.

Her new book by McGraw-Hill is called "Target Funding: A Proven System to Get the Money and Resources You Need to Start or Grow Your Business."

Check it out: https://www.amazon.com/Target-Funding-Proven-Resources-Business/dp/1260132366

Connect with Kedma on LinkedIn: https://www.linkedin.com/in/kedmaough/

Find out more about Kedma: https://kedmaough.com/

Bringing an invention to market? Let inventRight, the world's leading experts on product licensing, show you how. Co-founded by Stephen Key and Andrew Krauss in 1999, inventRight has since helped people from more than 60 countries license their ideas. 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.

Not every idea is a good fit for licensing. If you try to license your idea for a new product, and aren't able to, should you give up on it? No. Some product ideas are a better fit for venturing, aka starting a business to bring your product to market. In this video, licensing expert Stephen Key interviews Mark, the creator of the GO Magnet, about his experience venturing this product. Stephen knows firsthand that not every idea is a good fit for licensing — he successfully founded and grew Hot Picks, a company selling uniquely-shaped guitar picks, in the 2000s.

Mark shares what he learned as an entrepreneur venturing a new product idea, including difficulties with sourcing, why he stopped attending most trade shows, the difference between knockoffs and competition, advertising, and more. Today he primarily sells his product through Facebook, where his company page has more than 300,000 fans!

Check out the GO Magnet: https://go-mags.net/

Check out Red Points: https://www.redpoints.com/

Bringing an invention to market? Let inventRight, the world's leading experts on product licensing, show you how. Co-founded by Stephen Key and Andrew Krauss in 1999, inventRight has since helped people from more than 60 countries license their ideas. 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.

Stephen interviews an 8 year-old inventor named Hunter who documents his many invention ideas in a big blue book. Think you're too old or too young to document your invention ideas? Think again! Everyone is capable of becoming an inventor — and we think they should. What would the world look like if everyone was as inventive as Hunter?

Bringing an invention to market? Let inventRight, the world's leading experts on product licensing, show you how. Co-founded by Stephen Key and Andrew Krauss in 1999, inventRight has since helped people from more than 60 countries license their ideas. 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.