Business & Economics

How to License Your Million Dollar Idea

Cash In On Your Inventions, New Product Ideas, Software, Web Business Ideas, And More

Author: Harvey Reese

Publisher: John Wiley & Sons

ISBN: 1118087844

Category: Business & Economics

Page: 240

View: 3057

The classic guide to cashing in on your million-dollar idea Whether you've invented a great new product, or you have an idea for an app, an online business, or a reality show, How to License Your Million Dollar Idea delivers the information you need to snag a great licensing deal. Now in its third edition, this book has become the go-to source for budding inventors and entrepreneurs who have great ideas and want to cash in on them without putting themselves in financial risk. Licensing is the way to make that happen and this book explains exactly how it's done. You'll get tested advice on how to protect your ideas and find a licensee for new products, apps, TV game shows, websites, software, and more. You'll also learn how to develop your creative thinking skills and objectively evaluate your ideas. Explains how to protect your new idea with or without patents and copyrights Directs you in finding the perfect person at the right company and on how to prepare a presentation that gets you to a "yes" Reviews sample licensing contracts to help you understand what your creativity and achievement entitles you to You'll also read accounts from profitable inventors on their own goof-ups and brilliant moves along their paths to success.
Business & Economics

How to License Your Million Dollar Idea

Everything You Need to Know to Make Money from Your New Product Idea

Author: Harvey Reese

Publisher: Wiley

ISBN: 9780471580508

Category: Business & Economics

Page: 240

View: 4199

Reap the profits of your own imagination… How to License Your Million Dollar Idea Everything You Need to Know to Make Money from Your New Product Idea You’ve seen them on TV, in business magazines, and as the subjects of case studies in major business schools: ordinary people who have parlayed their simple, clever ideas for new products or services into millions of dollars. What’s the difference between these success stories and the people who say, "Hey, I had that idea years ago"? The former had the motivation and information necessary to license their idea and turn it into profit. In How to License Your Million Dollar Idea, Harvey Reese, a successful new product developer reveals his system for creating commercially profitable ideas and his secrets for turning them into lucrative licensing agreements. Not only will you find nuts-and-bolts information on the licensing process, you’ll also learn how to formulate an idea and—more importantly—motivate yourself to get out there and make it work for you. How to License Your Million Dollar Idea: Shows you how to turn a product or service idea into profit without risking your own financial resources Takes you through the entire licensing process step-by-step, from formulating the idea, researching the competition, and obtaining patents, to finding prospects, negotiating the deal, and beyond Offers examples of successful licensing ventures including Teenage Mutant Ninja Turtles®, Pound Puppies®, and Monopoly® Includes sample patent forms, licensing agreements, disclosure statements, and more
Business & Economics

Idea to Invention

What You Need to Know to Cash In on Your Inspiration

Author: Patricia Nolan-Brown

Publisher: AMACOM

ISBN: 0814432956

Category: Business & Economics

Page: 272

View: 7075

You don't have to be a mechanical genius to be an inventor. Anyone can invent-a parent wrestling with a baby sling . . . a coach frustrated with slick-soled running shoes . . . an office worker determined to keep the computer cords untangled. Inventing is simply finding clever solutions to everyday challenges. Author and inventor Patricia Nolan-Brown has turned common annoyances into ingenious and money-making products. She shares the tricks of her trade in Idea to Invention, a practical guide that helps ordinary people look at their world with the eyes of an inventor. Readers will learn six simple steps to invention-and discover: * How they rate on six crucial personality traits * Creativity habits that spark invention * The power of tape-and-paper prototypes to refine their vision * How to navigate the ins and outs of licensing and patenting their product * The pros and cons of finding a licensed manufacturer vs. running a home-based assembly line * How to promote their invention-from perfecting the pitch and finding store buyers to trade-show shortcuts and strategies for creating buzz online * Product enhancements that add years to shelf life From initial concept to thriving business, this handy guide simplifies the invention process and gives creative thinkers the competitive edge they need to achieve success.
Juvenile Nonfiction

Smart Strategies for Turning an Idea into a Product or Service

Author: Jennifer Swanson

Publisher: The Rosen Publishing Group, Inc

ISBN: 1477776346

Category: Juvenile Nonfiction

Page: 80

View: 2912

Turning an idea into a product or service takes dedication and perseverance, but the best part is anyone can do it. This savvy volume presents practical ways for becoming an entrepreneur and starting a business, including researching ideas, products, and services, as well as compiling a business plan and details to include in it, market research and testing, calculating start-up costs, finding funds for investment in the business, keeping costs under control, patent protection, insurance, manufacturing costs and building on service, licensing, hiring employees, advertising (including Internet marketing), keeping up with demand, and maintaining focus on a thriving business.
Business & Economics

Mailbox Money!

A Step-By-Step Guide to Licensing Your Invention for Royalties

Author: Barbara Russell Pitts,Mary Russell Sarao

Publisher: N.A

ISBN: 9780978522278

Category: Business & Economics

Page: 170

View: 6881

If you want money in your mailbox from your ideas, this book is for you. Written by inventors for inventors. Successful inventors tell how to create a continuing income stream from your ideas. A step-by-step guide that teaches how to find your potential licensees, how to approach them, how to present your idea, and how to nail down the deal. No nonsense, just common sense from two who have been there and done that!
Business & Economics

How to License Your Million Dollar Idea

Everything You Need To Know To Turn a Simple Idea Into a Million Dollar Payday

Author: Harvey Reese

Publisher: John Wiley & Sons

ISBN: 9780471204015

Category: Business & Economics

Page: 233

View: 1630

Discusses how to turn ordinary ideas into money making ideas, with information on new patent laws, formulating ideas, and finding prospects.
Law

The Everything Inventions And Patents Book

Turn Your Crazy Ideas into Money-making Machines!

Author: Barbara Russell Pitts,Mary Russell Sarao

Publisher: Simon and Schuster

ISBN: 1440523614

Category: Law

Page: 304

View: 1654

The Everything Inventions and Patents Book is your step-by-step guide to turning your bright idea into a lucrative enterprise. Authored by two successful inventors and businesswomen, this guide shows you how to make your brainchild profitable! With information on everything from protecting your idea, to learning whom you can trust, The Everything Inventions and Patents Book sets you on the right path toward turning your wildest dreams into tangible, patented reality! Includes vital tips on: Patent law Sales and marketing Developing your idea into a workable plan Filling out a patent application Getting your invention off the ground floor The Everything Inventions and Patents Book is the only resource you need for creating and protecting your idea, your investment, and your future.
Business & Economics

Profit From Your Idea

How to Make Smart Licensing Deals

Author: Richard Stim

Publisher: Nolo

ISBN: 1413324525

Category: Business & Economics

Page: 440

View: 8119

Profit From Your Idea offers a step-by-step guide so inventors can minimize the risks of disclosure, hang on to their inventions, and earn money through effective licensing agreements.
Business & Economics

One Simple Idea: Turn Your Dreams into a Licensing Goldmine While Letting Others Do the Work

Author: Stephen Key

Publisher: McGraw Hill Professional

ISBN: 9780071761284

Category: Business & Economics

Page: 256

View: 6178

Turn your great idea into millions—without lifting a finger! Yes, a good idea is enough to build a fortune! Too many people think production, marketing, and distribution are essential to the entrepreneurial process. As One Simple Idea shows, you can hand these tasks off to others—and make big money in doing so. Stephen Key, a highly successful entrepreneur whose creations have generated billions of revenue, offers the simple, effortless secret to success: license your simple idea and let others do the work. Breaking down the process of generating and licensing a product idea to a large company, he explains why you don’t need to reinvent the wheel: Simple improvements to existing products can be very successful endeavors—and the most lucrative. The old method of bringing products to market through prototyping and patents doesn’t work anymore. It’s cheaper and more profitable to do it Key’s way. One Simple Idea gives you everything you need to tap into the marketing and sales power of partners and licensors for maximum profit.
Business & Economics

Invent It, Sell It, Bank It!

Make Your Million-Dollar Idea into a Reality

Author: Lori Greiner

Publisher: Ballantine Books

ISBN: 0804176442

Category: Business & Economics

Page: 288

View: 6632

NATIONAL BESTSELLER From one of the stars of ABC’s Shark Tank and QVC’s Clever & Unique Creations by Lori Greiner comes a hands-on, nuts-and-bolts guide to getting a new product or company off the ground and making it a success. Turn your idea into a reality. Become your own boss. Make your first million. Achieve financial freedom. Lori Greiner shows you how. Lori Greiner is one of America’s most successful, prolific, and sought-after entrepreneurs. But before she created her first hit product, all she had was a great idea, a tireless work ethic, and no clue how to get it to market. So Lori taught herself everything she needed to know about bringing an invention from concept to creation to consumers in months. She learned the ins and outs of business, manufacturing, investors, patents, marketing, and more. Now, five hundred million dollars in retail sales later, in an honest and straightforward fashion, Lori reveals the path she took to her wealth of experience and hard-won wisdom so that you, too, can achieve financial freedom and see your invention become reality. Invent It, Sell It, Bank It! is a hands-on, nuts-and-bolts guide to getting a new product or company off the ground and making it profitable. Sharing her own secret formula and personal stories along the way, she provides vital information and advice on topics that can often intimidate, frustrate, and stump aspiring entrepreneurs. Offering behind-the-scenes insights into her experiences on ABC’s Shark Tank and QVC-TV’s Clever & Unique Creations by Lori Greiner, as well as valuable lessons learned from the mistakes and triumphs of her early career, Lori proves that, with hard work and the right idea, anyone can turn themselves into the next overnight success. So a note to all the weekend inventors, armchair CEOs, and get-rich-quick dreamers: No more excuses! With Lori Greiner as your personal mentor, the only thing left to do is make your product, get out there, and sell it! Inside, Lori covers such topic as . . . • Market research: Is your idea a hero or a zero? Don’t be so fixated on the end result that you forget to make something that people actually want to buy. • Product design: I have an idea, now what’s next? From concept to prototype to final product: How do I make it and where do I start? • Funding: Although loans, investments, and crowd-sourcing are great ways to access cash, first tap into your own resources as wisely as possible. • Manufacturing: Seeing your final product roll off the assembly line is a magical moment, but there are things to watch out for so you get there in a cost-effective way. • Protecting your idea: To patent or not to patent, and other things you can do to safeguard your idea. • The secrets to selling successfully: You got the product made, now learn how to get people to buy it! Advance praise for Invent It, Sell It, Bank It! “I am used to dealing with Mavericks and Lori fits the bill! Lori Greiner’s insightful and practical book, Invent It, Sell It, Bank It! should be on the required reading list for anyone who wants to take an idea and turn it into a real business.”—Mark Cuban “While most people write a book to make money, it’s evident in reading Invent It, Sell It, Bank It! that Lori’s goal is to share her secrets with the reader, and make them money.”—Mark Burnett From the Hardcover edition.
Business & Economics

Inventions And Patents

Author: Steve S Barbarich

Publisher: Simon and Schuster

ISBN: 1440519587

Category: Business & Economics

Page: 320

View: 9723

Today, one of the easiest ways to make money is to create and sell original ideas. Every year, more than 100,000 patents are granted in the U.S., creating a billion-dollar industry for those using intellectual property. With this book, would-be inventors can develop their ideas with low risk and a minimum of investment - without quitting their day jobs! Attorney and patent holder Steve Barbarich takes readers on an exciting journey through the patenting process. From concept to marketable product, there are step-by-step instructions that anyone can follow. This book features important information on: Choosing which ideas to pursue Taking your ideas into the marketplace Prototyping and test marketing Filing the proper forms Protecting your ideas And much more!
Business & Economics

One Simple Idea for Startups and Entrepreneurs: Live Your Dreams and Create Your Own Profitable Company

Author: Stephen Key

Publisher: McGraw Hill Professional

ISBN: 007180045X

Category: Business & Economics

Page: 256

View: 6588

From award-winning entrepreneur, inventor, and business owner Stephen Key comes the highly anticipated follow-up to his bestseller One Simple Idea Stephen Key is back, and he’s delivering a proven, straightforward process for starting, growing, and running a business—without the need for an MBA or millions of dollars in funding. Key draws on his own experience as a billion-dollar inventor to offer how-tos and other takeaways you can use to get off the ground and into the black. Case-studies of his most successful students and other innovators further underscore “key” principles from the book, while strategies for testing, protecting, and marketing a product make it easier than ever for you to follow achieve your business and life dreams. Stephen Key has successfully licensed more than 20 simple ideas that have generated billions of dollars of revenue. The course he teaches has attracted more than ten thousand students around the world.
Law

The Inventor's Bible

How to Market and License Your Brilliant Ideas

Author: Ronald Louis Docie

Publisher: Springer Science & Business

ISBN: 9781580085663

Category: Law

Page: 362

View: 9580

You've just invented a new technology, a must-have product. So what now? Patent it? Manufacture it? Sell it? If you're like most would-be Edisons, chances are your stroke of genius will collect dust waiting for you to plot your next move. Fear not, intrepid creator—inventor and author Ronald Louis Docie Sr. shares more than 20 years of valuable insight in this revised and expanded edition of THE INVENTOR'S BIBLE, which now includes a workbook to help you take your ideas from concept to profit. With everything you need to know about marketing, licensing, and selling your invention, this comprehensive handbook will also help you figure out what your invention is worth, which companies might want your ideas, and what steps to take first. You dreamt it, you created it, and it actually works—let THE INVENTOR'S BIBLE pave the way to your first million. Revised and expanded guidebook to protecting, patenting, marketing, and selling inventions. New 64-page pullout workbook walks inventors through each step of the process. Explains how to save thousands of dollars in patent costs. Download the Patent and New Product Marketing Workbook PDF here.Reviews “The book offers an easy-to-understand process for licensing an invention and covers all the necessary steps, from patenting to negotiating a licensing agreement.”—Entrepreneur“Inventor Ronald Docie uses real case studies to tell everything you need to know to market, license, and sell inventions.”—Fort Worth Star–Telegram“[Docie] has written the book on being inventive.”—Country Living Magazine “This is the definitive book on product licensing for the independent inventor!” —Ed Zimmer, The Entrepreneur Network “This remarkable and useful book is also a pleasure to read. Inventors who read THE INVENTOR'S BIBLE and follow its step-by-step instructions can now more easily reap the rewards of their own ingenuity. A must for inventors.”—Hugh Downs, Network news anchor “[A] primer for beginners and a detailed overview for experienced inventors. [The] book makes it easy to research the market, develop a strategy, and take ideas from concept to profit in record time.”—New Equipment Digest “Solid, personal and authentic.”—Miami Herald “Glean advice from the experts and save valuable time and money by accessing the information, tips, and resources listed in this comprehensive inventor's guide.”—HOMEBusiness Journal“Docie presents a refreshingly frank approach to invention development, protection, and marketing. His advice on 'tiered risk' alone may save inventors—both neophytes and seasoned—thousands of dollars as well as invaluable time. His book is a must for the desk of every serious inventor.”—Jack Lander, President, United Inventors Association and VP, Yankee Invention Exposition and Yankee Entrepreneur Workshops “I can recommend THE INVENTOR'S BIBLE without reservation as a most valuable resource for the independent inventor who is looking to develop and bring an invention to market. . . . clearly reflects in-depth and long-time experience in the field of invention development and marketing. It is well written, very readable, and quite thorough in describing what needs to be done by the independent inventor . . . to successfully get an invention into the marketplace. The 'how-to' aspects of THE INVENTOR'S BIBLE are extraordinarily detailed.”—George Lewett, former Director of Technology Evaluation and Assessment, U.S. Department of Commerce“Rarely does a book come along that provides an accurate and thorough explanation of the invention process. The real life stories and quotes not only provide for interesting reading, but also adequately warn inventors of potential pitfalls commonly encountered. I unconditionally recommend to all inventors and businesses.”—Michael S. Neustel, Patent Attorney and Director, National Inventor Fraud Center “Ron has outdone himself! In my opinion THE INVENTOR'S BIBLE can be considered the good book for inventors. What you have here is an excellent guide with rock-solid information that will definitely steer inventors on the right course. But it's also intertwined with Ron's personal experiences, which will help inventors be more realistic. Whether you're thinking of inventing or are already a professional in the inventing field, Ron's book is easy to read and he covers a lot of territory very well. Chock full of information, tips, words of wisdom, and resources, will teach, prod, and motivate readers.”—Stephen Paul Gnass, President/Executive Director, National Congress of Inventor Organizations and Founder, Invention Convention® trade show and inventionconvention.com “THE INVENTOR'S BIBLE takes readers from Genesis through Revelation in the convoluted world of inventing. This is the book that every inventor needs to read. Ron's been there and done that, and now he shares his expertise. Before spending a dime on patents or services, get this book.”—Ed Sobey, Ph.D., President, Northwest Invention Center “I've been an inventor for over 30 years and I believe this book could have saved me much time and heartbreak had I read it when I was beginning my invention career. Please read it and take notes! It is a God send!”—Stanley I. Mason, Inventor of granola bars and disposable diapers, and holder of 55 patents “THE INVENTOR'S BIBLE is an excellent collection of practical information useful to all inventors, based on the author's personal, extensive experience. The text is not presented from a legal viewpoint but rather follows essentially a business and financial path, which an inventor who hopes to be financially successful should consider.”—Don Banner, former Commissioner of the U.S. Patents and Trademark Office “Inventors should add THE INVENTOR'S BIBLE to their bookshelves immediately, but be certain to keep it within easy reach. This book is a powerful compilation of useful advice from one who's already been down the rocky road to invention commercialization. Ron Docie has a lot of experience to share, and he does so in an organized fashion.”—Don Kelly, CEO Academy of Applied Science, Inc. “A must-read book for every independent inventor. His book helps bridge the gap between creativity and marketability, addressing such vital questions as commercialization, market and industry research, and assembling the type of help that can make an invention a profitable reality.”—Invention-protection.com

Bringing a Product to Market from Your Home

Author: Gary R Bronga

Publisher: Clipeze Worldwide Inc

ISBN: 0615347215

Category:

Page: N.A

View: 4038

This book is based on my first-hand, been-there-done-that experiences. Many people have many great ideas. They just don't act on them. You can do it differently. I worked in the aerospace industry at Cape Canaveral, Florida, for 21 years. Wearing identification badges had always been a part of my working wardrobe. A large aerospace company handed out a lapel pin for a promotion in the spring of 1995. Just by chance, I pinned my company identification badge to the lapel pin. An idea for a better way to wear my identification badge came to me. For several days, I made many drawings and came up with the idea to place a "bar" at the bottom of a lapel pin to accommodate the common bulldog metal clip on identification badges. This enabled me to make badge holders with custom logos for companies or associations and to create many fun designs that would make wearing badges more personal and enjoyable. This was the start of my journey. This book is intended to streamline your own process of taking a product from an idea to reality. Potentially it will expedite the process of putting money into your pocket. I started with my computer and only $500.00. Originally, I had enough rejection letters to wallpaper my home office. Most of the people and companies that rejected me then call me now. To date, we have sold over 3-million CLIPEZE badge holders. They have been sold in over 1,100 uniform stores and 20 catalogs around the world. I believe that anyone can do what I did with his or her own product. Gary R. Bronga, President Clipeze Worldwide Inc. P.O. Box 373 Mims, Florida 32754 321-264-7599 [email protected]
Business & Economics

Product Idea to Product Success

A Complete Step-by-step Guide to Making Money from Your Idea

Author: Matthew Yubas

Publisher: Broadword Pub

ISBN: 9780972552103

Category: Business & Economics

Page: 318

View: 2336

Whether it's a new product idea or service, inventions abound. Coming up with the idea is one thing, getting it to fly is another. In his new book, Yubas offers readers a comprehensive, complete, practical, and easy-to-understand guide to the process of bringing an invention to market.
Business & Economics

Sell Your Ideas with Or Without a Patent

Author: Stephen M. Key,Janice Kimball Key

Publisher: Createspace Independent Pub

ISBN: 9781507885734

Category: Business & Economics

Page: 186

View: 4478

Think you need a patent? Think again. Many of the products Stephen Key has licensed required no intellectual property protection whatsoever, yet have made millions in royalties. But Key also knows what it takes to protect a big idea. Years ago, after reading about how medication bottles rarely contain enough space for the information that needs to be printed on them, he was inspired to develop an innovative label technology. The Spinformation rotating label has been licensed on products the world over, is protected by 20 U.S. and international patents, and has received more than 13 industry awards. To put it simply: Key knows how to use intellectual property to profit. This book will teach you how to:• Get a licensing contract with or without intellectual property• Write a provisional patent application that stops others from stealing your idea• Find and hire a killer patent attorney (they are not all created equal!)• Save thousands of dollars on legal expenses• File patents that have true value• Negotiate a win-win agreementIt also details Stephen's experience defending his patents in Federal Court—a David versus Goliath saga he has never before written about at length—as well as provides tips about how to avoid a licensing contract from going bad.
Business & Economics

The Complete Idiot's Guide to Cashing in on Your Inventions

Author: Richard C. Levy

Publisher: Penguin

ISBN: 0028642201

Category: Business & Economics

Page: 359

View: 5254

Presents information on how to successfully market an invention covering such topics as licensing options, negotiating deals, patents and trademarks, and copyrights.
Business & Economics

The 12 Amazing Secrets of Millionaire Inventors

Smart, Simple Steps for Turning Your Brilliant Product Idea Into a Money-Making Machine

Author: Harvey Reese

Publisher: John Wiley & Sons

ISBN: 0470135492

Category: Business & Economics

Page: 272

View: 5354

Be the world's next millionaire inventor! Watch out-avoid all the mistakes, bloopers, errors, andmess-ups that might prevent you from achieving all the rewards that you're entitled to * Cash in-use the C.R.A.S.H. Course in successful product licensing to license your idea for the most money possible * Be the boss-explore the ins and outs of marketing your idea yourself; whether you're ready, how to do it, what you need, and where to start * Be safe-foolproof steps for protecting your inventions and innovations through patents, trademarks, and copyrights * Start your own company-explore your options with proprietorships, partnerships, and other corporate structures * Raise money for your business-find financing from angel investors, bankers, lenders, and friends and family * Introduce your product-create a powerful presentation that will knock the socks off investors, manufacturers, and other interested parties * Get your foot in the door-what to do and say to convince manufacturers, licensees, investors, salespeople, and anyone else that you have what they've been waiting for * Follow the leaders-meet successful inventors, hear their stories, and absorb the twelve vital tips they learned along the way
Business & Economics

The $100 Startup

Reinvent the Way You Make a Living, Do what You Love, and Create a New Future

Author: Chris Guillebeau

Publisher: Broadway Business

ISBN: 0307951529

Category: Business & Economics

Page: 285

View: 8584

Shares advice for transitioning away from unfulfilling jobs to embark on adventurous, meaningful careers, outlining recommendations for starting a personal business with a minimum of time and investment while turning ideas into higher income levels. 60,000 first printing.
Business & Economics

Inventor's Workshop - How to Develop and Market Your Inventions

Author: Bob Schmidt

Publisher: CreateSpace

ISBN: 9781494308179

Category: Business & Economics

Page: 78

View: 6492

Practical guide showing inventors how to develop, prototype, protect and market their inventions. Bob is an engineer with over 25 years experience developing and marketing products. He used his corporate and entrepreneurial experience to develop this step by step guide to help fellow inventors develop their products using a "boot strapping" approach. This helps inventors to successfully develop and market their inventions without breaking the bank. It includes several inventors resources as well as details on companies looking for new products. Inventor's Workshop is a "take action" guide to turning your ideas into successful products.