Your Honest Guide to Profitable Inventing
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 Published On Sep 3, 2020

The cofounder of inventRight and Inventors Groups of America shows inventors, innovators, and makers a proven path towards monetizing their better light bulb and how to avoid scammers.

The path to licensing a profitable, innovative product or technology is rife with twists, potholes, and rugged cliffs. So, who can you trust to provide you with an honest guide to profitable inventing?

Every year, there are individuals claiming to be experts in the innovation and licensing fields who have never licensed an idea or even profited from one of their own ideas. These people will tell you that you need a patent and a prototype. But is that really true? Is there another way?

Let “One Simple Idea” author and product licensing expert Stephen Key show you a smarter, safer way to monetize your invention and avoid splitting your hard-earned royalties with anyone else. Stephen Key is a successful inventor who has licensed dozens of his ideas for products, from simple novelty gifts to complex packaging label solutions. After teaching himself how to license his ideas for products, he has dedicated himself to teaching the same 10-step process to creative people all over the globe for the past 20 years. No one in the invention business sees more licensing success. This is how you save money, time, and heartache.

Inventors, keep this confidential. This is how you tips the odds back in your favor! The reality is, according to the magazine Inventors’ Digest™, while 78% of new inventors believe they will make over a million dollars with their inventions, less than 1% actually do. What is truly needed to succeed as an inventor over and over again? Education.

There are many challenges that inventors face these days. There always have been! You need to understand the red flags to watch out for when individuals or companies charge upfront for their coaching or help-to-market services.

With the inventRight 10-step system, inventors can improve their odds of licensing success — without needing to follow convoluted protocols, including paying for expensive prototypes and filing U.S. patents before you actually need them. (Don’t forget, you can get your licensee to pay for your patent with the right negotiation advice!)

For anyone who has a great idea or invention and wants to monetize it but are not sure who to trust, Stephen Key and inventRightTV will show them where to best spend their hard-earned money to maximize their odds for success.

Stephen Key and Andrew Krauss are the world's leading experts on how to license a product idea. If you have an invention idea, this is the show to watch. Steve and Andrew are the cofounders of inventRight, a coaching program that has helped people from more than 60 countries license their ideas for new products. Visit http://www.inventright.com for more information and to join the one-one-one coaching program.

If you have questions about how to invent, how to be creative, design, how to do market research, prototyping, manufacturing, negotiating, pitching, how to sell, how to cold call, how to reach out to open innovation companies, licensing agreements, non-disclosure agreements, patents, copyright, trademarks, and intellectual property in general — subscribe to inventRightTV! New videos every week, including tons of entrepreneur success stories.

Inventing can be lonely, but you don't have to go it alone! Join the inventRight community for priceless inventor education, mentorship, support, accountability, hand-holding, honesty about the invention industry, and so much more.

Contact us at #1-800-701-7993 or https://www.inventright.com/contact.

This is the book you need to license your product idea: “One Simple Idea: Turn Your Dreams Into a Licensing Goldmine While Letting Others Do the Work.” Find it here: http://amzn.to/1LGotjB.

This is the book you need to file a well-written provisional patent application: “Sell Your Ideas With or Without a Patent.” 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/165...

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.

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