Licensed his idea with inventRight coaching support
How expert invention licensing coaching helped Pedro validate early and close a licensing deal
On his first try, Pedro C. spent years in secrecy, overbuilt prototypes, and invested in a full patent — only to discover there wasn’t a market. Applying inventRight guidance the next time, he kept development lean, built a clear sell sheet, used affordable IP, and reached out early to potential licensees. With coach David’s hands-on support — especially during negotiations and re-engaging a quiet decision-maker — he moved from outreach to a signed licensing agreement in a matter of months.
This is his story.
“During my first attempt at licensing a product I made every possible mistake: I spent 3 years working in secrecy, a large amount of money building prototypes, and thousands of dollars obtaining a utility patent.
After reaching out to companies I quickly learned there was no market for my product!
Luckily during that time I discovered Stephen Key’s book ‘One Simple Idea.’ I watched every podcast from Stephen and @Andrew Krauss. After following the teachings of inventRight, I immediately obtained positive results.
On my next project I spent minimum time developing a product, created a sell sheet, obtained inexpensive legal protection and reached out to potential partners as early as possible. Within months of starting the product development process I had the first draft of a licensing agreement in my hands!
My coach was instrumental in helping me negotiate the deal. He explained exactly how the whole process would unfold. He gave me the confidence to talk to a CEO like I was a pro at negotiating licensing agreements.
After making good progress the deal seemed to have fallen off track and I couldn’t get a hold of the decision maker in the company. He not only told me exactly what to say to the receptionist but he told me how to say it. His method worked!
Two days later I had a signed licensing agreement in my hands. I could not have done this without inventRight.
Thank you Stephen, Andrew, and specially David for empowering me to accomplish my dreams.”
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.
