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Summary
In this conversation, Stephen Key, an inventor and expert in product licensing, shares his journey from creating innovative ideas to successfully licensing them to major companies. He discusses the power of licensing as a business model for creatives, the importance of execution over mere ideas, and the role of mentorship in achieving success. Key also reflects on his early successes with products like Teddy Ruxpin and the significance of understanding intellectual property in the licensing process. Throughout the discussion, he emphasizes the joy of seeing his products in the market and the continuous learning that comes with being in the innovation space.
Takeaways
Today's guest, Stephen Key, can be found online at:
Website: https://inventright.com/
Website: https://stephenkeymedia.com/
LinkedIn: https://www.linkedin.com/in/stephenmkey
Your host, Scott Turman, can be found online at:
BrightRay Publishing: https://brightray.com/
Entrepreneur Website: https://scottturman.com/
LinkedIn: https://www.linkedin.com/in/scottturman/
Keywords: inventing, licensing, intellectual property, Teddy Ruxpin, product development, royalties, mentorship, creativity, business model, innovation
Summary
In this conversation, Stephen Key, an inventor and expert in product licensing, shares his journey from creating innovative ideas to successfully licensing them to major companies. He discusses the power of licensing as a business model for creatives, the importance of execution over mere ideas, and the role of mentorship in achieving success. Key also reflects on his early successes with products like Teddy Ruxpin and the significance of understanding intellectual property in the licensing process. Throughout the discussion, he emphasizes the joy of seeing his products in the market and the continuous learning that comes with being in the innovation space.
Takeaways
Today's guest, Stephen Key, can be found online at:
Website: https://inventright.com/
Website: https://stephenkeymedia.com/
LinkedIn: https://www.linkedin.com/in/stephenmkey
Your host, Scott Turman, can be found online at:
BrightRay Publishing: https://brightray.com/
Entrepreneur Website: https://scottturman.com/
LinkedIn: https://www.linkedin.com/in/scottturman/
Keywords: inventing, licensing, intellectual property, Teddy Ruxpin, product development, royalties, mentorship, creativity, business model, innovation