How inventRight coaching helped Drew license a musical accessory product

“I came up with a new idea for a musical accessory product a few years ago.

After making a simple mock-up, I started researching how to go about making money from my idea. I interviewed some people who tried to manufacture and market musical accessories themselves, and it seemed like they had huge costs and struggled to make their investment back.

Then I came across inventRight and Stephen’s book “One Simple Idea,” and was intrigued by the idea of licensing. I also watched the inventRight YouTube channel, inventRightTV, religiously for several months.

I followed the steps in the inventRight process and contacted several companies. To my surprise, I got some initial interest.

One of the largest musical accessory companies was interested in my product!

At that point, I signed up for the inventRight coaching service to get help on navigating and negotiating the deal. inventRight coaching was an invaluable resource and helped me with all my questions and in negotiating the licensing terms.

My licensee took way longer to close the deal than I had hoped or anticipated, and there were lots of twists and turns along the way. Without help from inventRight, I don’t think I would have made it. But I am glad to say that I finally executed a licensing agreement, and my product is now available for sale on a major music store website and soon to be in retail stores.

Thanks inventRight! And a special shout-out to my coach Kirk Hyust, and to Andrew Krauss and Paul Sorensen, who helped get me across the finish line.”