inventRightTV Podcast

Read coach Ryan's blog about times when an inventRight student broke a rule, and what happened next: https://www.inventright.com/help/blog/breaking-the-rules

Stephen Key is a successful inventor who developed a 10-step process for licensing product ideas that actually works! When he met and teamed up with longtime inventor group leader Andrew Krauss in 1999, the inventRight coaching program was born. inventRight 'rules' exist for a reason — they're based on best practices! In this video, he provides examples of the fact that sometimes, you need to break a 'rule' to make things happen. He also shows off video recorded at the Edison Museum in New Jersey.

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 Karen Steinbock, an inventor whose background is in healthcare, specifically nursing. She was also a wonderful inventRight coach for some time. She successfully licensed a product to the hospitality industry that saves time. She describes some of the challenges she overcame to secure a licensing deal, including identifying companies in the hospitality industry, dealing with slim margins, manufacturing your invention to hit the right price, communicating with potential licensees. Her licensee was frank about what needed to happen to make her invention viable. You have to figure out, what is the value my product adds over this existing product? That's your value proposition! These are the realities of licensing a potentially big idea. Karen's advice is 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.

Licensing expert Stephen Key explains why only sharing your ideas for new products with companies that are friendly to inventors is the best way you can protect yourself. Please, before you submit your invention idea, read their policies very closely. Do they sound friendly to inventors (fair, balanced), or not? Is this information easily accessible, or not? Do they share what they are looking for or what is required to submit? You can really begin to understand how they work with inventors right away. Sometimes, this language is not friendly at all. Not all companies that say they look at outside submissions are friendly. Beware. Stephen shares some of the language he has seen that is not inventor-friendly.

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.

https://selfcutsystem.com/

"You've got to be obsessed and be passionate about what you do. When you're obsessed, in a good way, good things will come." Ryford's product the Self Cut System is heading back to QVC for the third time this Sunday between 9 am 11am Eastern. https://www.qvc.com/Self-Style-Three-Way-Over-the-Door-Adjustable-Mirror.product.V35909.html

Ryford is an inventRight student who ventured and grew his product company. Stephen Key's connections helped him get his invention on QVC. Congratulations Ryford! Learn more about this remarkable inventor entrepreneur: https://www.entrepreneur.com/article/296630

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.

https://www.inventright.com/20thcontest

To celebrate 20 years of helping inventors license their inventions, inventRight is throwing its biggest contest ever! Are you the next inventRight licensing success story? Record a 1-minute video of yourself explaining why you would make the best inventRight student and share it with us.

You could win:

6 months of one-on-one Coaching ($2,995 value)

6 months of Academy classes ($895 value)

A virtual prototype and sell sheet from our Design Studio ($299 value)

One-time access to SmartIP, our PPA writing program ($99 value)

All contestants are invited to attend a special hour-long webinar that will feature an inside look at licensing with inventRight and the 10 steps on June 25th at 5pm Pacific.

Videos longer than 1 minute will be automatically disqualified.

Find out more and enter the inventRight 20th Anniversary Contest: https://www.inventright.com/20thcontest

Read about what this milestone means to Stephen and Andrew: https://www.inventright.com/help/blog/celebrating-20-years-of-helping-inventors-license-their-inventions

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.

Joan Smith took the principles she learned about bringing products to market as an inventRight student to license her artwork on to products. Look around your home. There are so many products that feature artwork on them, from mugs to napkins! There is a thriving industry for art licensing. Some companies have their own in-house designers, but others are actively looking for art to license. You need to pay attention to submission guidelines. Joan herself has made a list of more than 100 companies that are a good fit for her kind of artwork.

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.

Richard Levy is one of the most successful toy and game inventors of all time. Learn more about him: https://lemelson.mit.edu/resources/richard-c-levy

Read Richard's books about inventing: https://www.amazon.com/Richard-C.-Levy/e/B00287RPWE/

Stephen Key is a successful inventor who got his start in the toy industry. He interviews Richard Levy, an independent inventor who has co-invented more than 200 products, about his career. They discuss how to license toys and games, working with potential licensees like Hasbro and Mattel, achieving inventing and licensing success over decades, and how Richard licensed more than 100 product 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.

So, you have ideas for new products. But you've never taken any action on them. Why not? Bringing a product to market through licensing requires less time than you might imagine. Stephen Key and Andrew Krauss — inventing experts — explain that you absolutely do not need (and shouldn't!) quit your day job to work on your inventions. You can fit in your inventing work around your day job. If 'not having enough time' is your excuse, you really just aren't that motivated. You don't care. And that's okay. Stephen and Andrew dispel myths about inventing and share their real-life experiences. Licensing is very different than starting a business.

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.

When it happens, it stops you in your tracks. Maybe it's in a commercial. Maybe it's at a trade show. Maybe it's in a store or online. You think: They took my idea! Or maybe... you're just imagining it. You don't know what to do. Stephen Key interviews a successful inventRight student who was at a trade show when she saw part of one of her ideas on a product in the booth of a big company she had shared the idea with. Stephen advised her on how to handle the situation in the most professional way possible.

Fundamentally, Stephen believes in giving companies (and everyone) the benefit of the doubt and asking questions. So he encouraged Roxana to craft a very nice email explaining her experience. And when the company got back to her, it revealed that their idea came first, and that they had even patented it. To be sure, Roxana went looking for the patent — and was actually very reassured when she found it. This is not an uncommon situation! But everyone tends to fear the worst: That a company took their idea. But that isn't always the case. The fact is, companies take a risk when working with inventors. We must respect that to help keep their doors open.

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 Joey from Western Kentucky, an inventor and a student of the inventRight coaching program who recently signed a licensing agreement for his invention. In this interview, they discuss how Joey finds the time to work on his inventions while having a full-time job, the difficulty of rejection, the joy and surprise of inventing success, 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.