Licensing
8 Things Companies Look for Before Licensing a Product
Stephen KeyJuly 1, 20260 comments2 views
Want to sell an idea to a company? Learn what makes a product license-ready — from a licensing expert who's done it since his 20s.
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Licensing
41 articles in this category.
Licensing
We Asked Companies What Products They Want. Here's What They Told Us.
Stephen KeyJune 26, 20260 comments68 views
Find out what companies are looking for in new products to license and how inventors can use real company feedback to improve their licensing strategy.
AmazonLicensing
If You’re Thinking About Launching Your Product on Amazon, You Might Be Making an Expensive Mistake
Stephen KeyJune 18, 20260 comments43 views
Thinking about launching your product on Amazon? Before investing in inventory, ads, and manufacturing, product developers should understand the hidden costs and risks of selling on Amazon today. For many inventors, product licensing may be a smarter, lower-risk path to bring a product to market.
Licensing
Product Licensing: A Complete Introductory Guide to Turning Ideas into Passive Income
Stephen KeyMay 14, 20260 comments76 views
Product licensing is one of the most powerful—and often misunderstood—ways to turn creativity into passive income. It allows inventors, designers, and entrepreneurs to bring ideas to market without starting a business, raising capital, or managing manufacturing.
InventingLicensing
You Don't Have an Idea Problem. You Have a Traction Problem.
Stephen KeyMarch 26, 20260 comments99 views
Why smart inventors with real products still struggle —and what they're doing about it.
PitchingLicensing
How Much Work It Really Takes to Submit Product Ideas to Companies: 6 Real Examples
Dana KnowlesMarch 20, 20260 comments251 views
Many inventors and entrepreneurs believe they can submit product ideas to companies for licensing and simply wait for a response. In reality, getting companies to review a product idea often requires months of outreach, research, and follow-up. Even when an inventor is ready to submit product ideas to companies, the real challenge is often getting the right…
LicensingPitching
Product Idea Licensing: How to Get Companies to Respond Quickly
Stephen KeyMarch 18, 20260 comments274 views
Many inventors and entrepreneurs believe the hardest part of licensing a product idea is contacting companies. It's not. The real challenge is getting companies to respond. If you've tried reaching out to companies about licensing your product, you've probably discovered this firsthand. You send the email. You explain the idea. You follow up. And then……
InventingLicensing
Solopreneurs, Is Your Product Secretly Stalling? The 3 Walls of Scale
Stephen KeyMarch 10, 20260 comments82 views
The rules that got you here won't get you there. Real entrepreneurs share what happens when you hit the scaling wall.
LicensingAmazon
How to License an Existing Product (When Sales Stall on Amazon or Online)
Stephen KeyMarch 10, 20260 comments138 views
When does it make sense to license an existing product? If you're already selling a product and asking questions like: You're not alone, and you're not failing. These are some of the most common questions inventors and small product businesses ask once they've moved past the idea stage and into the reality of selling. This…
Licensing
The Power of Licensing: How Smart Inventors and Entrepreneurs Scale Faster
inventRightOctober 30, 20250 comments368 views
Expectations matter, especially when it comes to licensing. That’s why we want to be clear about what inventRight's Gateway program is — and what it isn’t. inventRight's Gateway program isn’t coaching. It isn’t a “blast your idea to a bunch of companies” service. And it isn’t for people who are...
LicensingPitching
The Missing Link in Product Licensing: inventRight Gateway
inventRightJuly 21, 20250 comments589 views
Struggling to get companies to respond to your product idea? You’re not alone. For 25 years, inventRight has taught inventors how to license—but outreach remained the biggest barrier. That’s why we created Gateway: a trusted system that gets your vetted submission in front of companies ready to review outside ideas. Discover how Gateway bridges the gap between pitching and getting real results.
LicensingInventorsSuccessful Entrepreneurs
Licensing Process: How Kevin Curtis Turned His Electronics Passion into Royalties
inventRightJanuary 16, 20250 comments344 views
If you've ever dreamed of turning your ideas into products and earning royalties, Kevin Curtis's story will inspire you. A self-taught inventor with a background in electronics, Kevin has built a career by licensing his innovative tools to companies and living off the royalties. In a recent interview with Stephen...
LicensingSuccessful Entrepreneurs
Get Paid For Your Ideas: Cigdem’s Success Story
Stephen KeySeptember 27, 20240 comments716 views
Is it possible to get paid for your ideas? Yes. Most people think the only way to get paid for your ideas is by starting a business, but that isn’t true. It’s possible to get paid for your ideas without starting a business through the licensing business model . When...
Licensing
My Biggest Licensing Mistake: Learn from It
Stephen KeyAugust 14, 20240 comments347 views
Learn from my biggest licensing mistake. Understand how to avoid a critical licensing mistake and manage potential contract breaches effectively.
Licensing AgreementLicensing
My Approach to Negotiating a Licensing Agreement
Stephen KeyAugust 7, 20240 comments669 views
Learn key strategies for negotiating a licensing agreement. Discover when to involve a licensing attorney and avoid common mistakes.
LicensingPitching
Top 4 Reasons Why Companies Won't License Your Product
Stephen KeyJuly 22, 20240 comments432 views
Discover why companies won't license your product. Learn the common mistakes and how to avoid red flags to improve your chances of success.
LicensingPitching
Connect with Companies to License Your Idea: 7 Tips for Success
Stephen KeyJuly 13, 20240 comments729 views
License Your Idea with 7 essential tips to connect with companies effectively. Learn how to stand out and secure a licensing deal for your innovative idea.
LicensingPitching
How to Find Companies That Will Buy Your Invention Ideas
Andrew KraussJune 17, 20240 comments2,005 views
Unlock opportunities with strategies to connect with companies that will buy your invention ideas. Avoid common mistakes and learn proven techniques now.
LicensingIdeas
Get Paid For Your Invention Ideas: Strategies for Success
Stephen KeyJune 10, 20240 comments620 views
Discover how to get paid for your invention ideas into profit. Learn how to make money from your inventions with these expert tips.
LicensingPitching
Licensing a Product? Prepare Yourself for These Questions
Stephen KeyMay 15, 20240 comments370 views
Learn how to tackle tough questions from companies interested in licensing your product. Be confident and well-prepared for your meeting with these expert tips.
PitchingLicensing
How to Pitch an Idea to a Company: 3 Ways to Connect with Companies
Stephen KeyMay 10, 20240 comments1,222 views
Learn how to pitch an idea to a company effortlessly. Discover effective strategies for connecting with companies. Start pitching today.
LicensingPitching
Essential Tips for Licensing Your Product Idea: Getting Companies to Say Yes
Stephen KeyApril 24, 20240 comments544 views
So you've got this great idea, right? And you want to take it to the next level. You want to get it out there, but you're not sure how. Well, don't worry, because I've got some tips for licensing your product idea that will make it easy for companies to...
PitchingLicensing
Not All No’s Are Created Equal
Ryan DiezFebruary 8, 20240 comments295 views
When a new student joins inventRight , he or she is paired up with a personal coach who will hold their hand through our 6-month "boot camp" journey. The end goal, of course, is to obtain a licensing agreement for their product and to leave us with the knowledge and...
LicensingCoaching
How inventRight Helps You Sell An Idea
Stephen KeyDecember 22, 20230 comments436 views
Do you enjoy being creative? Is one of your goals in 2024 to sell an idea and make money? It's entirely possible! inventRight exists to help you overcome the many obstacles standing in your way. We do this with a proven process — our 10-step system for selling an idea...
PitchingLicensing
To Sell Your Idea, You Have To Reach The Right People — Here Are 9 Rule-Breaking Tips
Stephen KeyDecember 19, 20230 comments736 views
Reaching out to companies to connect, pitch, and ultimately sell your idea has become more challenging than ever. This is because we're all so very busy. Calls go unanswered, inboxes overflow with messages, and some companies have entirely abandoned traditional phone systems. So, how can you make sure your message...
LicensingSuccessful Entrepreneurs
"Who Is Taylor Swift?"
Stephen KeyDecember 12, 20230 comments591 views
Read how Stephen Key started working with Taylor Swift. A Simple Idea Turned Taylor Swift Guitar Picks!
Licensing AgreementLicensing
When And How To Ask For The Licensing Agreement
Stephen KeyNovember 8, 20230 comments937 views
Learn when and how to request a licensing agreement in this comprehensive guide. Get insights on the licensing agreement process.
LicensingSuccessful Entrepreneurs
How Veronica Earns Passive Income From Her Creative Ideas — 12 Designs Licensed
Madeleine KeyOctober 20, 20230 comments2,318 views
Veronica is a self-taught designer from the San Francisco Bay Area who earns passive income from her creativity by licensing her simple ideas for new products. By following inventRight’s 10-step process for earning passive income from your ideas, she has licensed pet products, toys, games, kitchenware, housewares, tabletop, promotional items,...
Licensing
How To License An Idea To More Than One Company
Stephen KeySeptember 6, 20230 comments2,874 views
I often get asked the question " How to license an idea to multiple companies and increase the revenue? " It is most people’s common concern, and I am here to share my experience on how it can be done. Always keep in mind that while approaching various companies to...
PitchingLicensing
Convincing Companies That Pay For Invention Ideas: 7 Winning Strategies
Stephen KeyAugust 31, 20230 comments1,116 views
Discover essential tips for convincing companies that pay for invention ideas. Gain an edge in negotiating your licensing agreement with expert insights.
LicensingSuccessful Entrepreneurs
Product Licensing At The Highest Level: Rising To The Top
Stephen KeyAugust 25, 20230 comments282 views
Discover the secrets to excel in product licensing at the highest level. Valuable tips and strategies to stay competitive and achieve success.
InventingLicensing
Stop Counting The Play Money
Don SkaggsAugust 18, 20230 comments272 views
STOP counting the PLAY MONEY!
Licensing
Common Licensing Mistakes and How to Avoid Them
Stephen KeyAugust 17, 20230 comments393 views
When I was working on my book, “ Become a Professional Inventor ,” I interviewed 30 different open innovation companies. These conversations led me to believe that we inventors, could do a better job submitting our product ideas to companies accepting outside innovations. But truthfully, it’s not always an easy...
LicensingSuccessful EntrepreneursInventors
Congratulations Keanu Alfaro On Yet Another Licensed Product! Check Out Keanu Game-Changing Dual-Blade Design
Stephen KeyAugust 4, 20230 comments414 views
When inventor Keanu Alfaro noticed a trend in the marketplace, he took action. Congratulations! Keanu Alfaro on successfully licensing your product idea! With the popularity of online shopping, box cutters have become a common household item, easily found in various hardware stores. However, Coach Keanu identified a limitation in the...
LicensingInventing
"The Odds Of You Licensing That Idea Are One In A Million"
Stephen KeyJuly 28, 20230 comments842 views
"The Odds Of You Licensing That Idea Are One In A Million" In my home office, I'd brainstorm new ideas while shooting baskets with my indoor Ohio Art basketball game. I’ve always loved playing basketball. There's nothing quite like making a few buckets. This Ohio Art indoor basketball game featured...
LicensingVenturing
The Big Difference Between Selling And Licensing Products
Stephen KeyJuly 19, 20230 comments694 views
Have lots of ideas? Don’t want to start a business selling them yourself? Consider product licensing.
Licensing
To License a Product, Focus On These 6 Things
Stephen KeyJuly 6, 20230 comments888 views
To license a product, here’s what you need to focus on.
LicensingSuccessful EntrepreneursInventors
Congratulations On Your Licensing Success, Shane! Learn How He Made It Happen
Madeleine KeyJune 30, 20230 comments727 views
Learn how Shane licensed his second product idea.
Licensing
What Is Product Licensing And How Does It Help Creative People?
Stephen KeyJune 8, 20230 comments1,856 views
If you want to commercialize an idea, the traditional way has been to start a business. Starting a business to turn an idea into a product requires writing a business plan, manufacturing, marketing, fulfillment, and hiring people. But there is an alternative. It’s called product licensing . In simple terms,...
LicensingLicensing Agreement
What Is A Licensing Agreement?
Stephen KeyMay 22, 20230 comments2,108 views
Licensing is a way of doing business that has existed for at least centuries. Note: The advice in this article about licensing agreements is written from a business perspective, not a legal perspective. It is based on my experiences as a successful inventor. I am not an attorney, and this...
LicensingLicensing Agreement
To Sell An Idea, Focus On These 7 Things
Stephen KeyMarch 6, 20230 comments1,415 views
Are you an entrepreneur with fantastic concepts for new products and services? Learn what you need to sell your ideas to companies.
