Turned inventRight coaching into a signed licensing deal
How inventRight coaching helped Jennifer pivot from venturing to licensing and close her first deal
Originally planning to self-launch, Jennifer DePace discovered licensing after reading Stephen Key’s book, One Simple Idea, and shifted course. Working closely with coach Paul Sorenson through outreach, feedback loops, and contract talks, she stayed confident through negotiations and licensed her product — opening the door to pursue her next ideas with a clear, repeatable approach.
“Like many other inventRight students, I had no idea this wonderful world of licensing existed until recently, & if I ever dreamed it existed, I assumed it was only for ‘real’ designers/engineers, or ‘true’ inventors with highly complicated, patented, technologically advanced products or world-changing, impossible-to-understand chemical formulas, & not for someone like me with no design/engineering background & nothing complex to offer.
I had initially planned to bring this product to market myself because I didn’t know any other way existed until reading ‘One Simple Idea,’ which blew me away & helped me change course to focus on licensing.
If it weren’t for the wonderful team at iR, I wouldn’t have licensed this product. Paul, I am very grateful you walked me patiently through the process, especially negotiations, & shared endless pearls of wisdom I’ll take with me.
To anyone out there with ideas who are second-guessing themselves: You Can Do This. Read the books, listen to the podcasts, watch the videos, & join iR for top-notch coaching. You won’t regret it.
If you have an idea, iR, and some grit, you’ll get there!”
Learn how inventRight can help you take the next step towards licensing success.
Ready to move your product forward and open doors to real licensing opportunities?
Explore our invention services, including Gateway, where we present your product for licensing for you.
inventRight Gateway is for entrepreneurs who want to scale distribution of their products as well as inventors who are seeking to commercialize their intellectual property.
