Signed A Deal With Guidance From inventRight
How inventRight content and steady follow-through helped Todd close his first licensing deal
Todd R. learned from inventRight’s free videos and took a simple, consistent approach — building three prototypes, reaching the right contacts, and keeping the conversation moving. Over about six months, early interest grew into a signed agreement with an established multi-million-dollar company. He negotiated a small bump to a royalty rate that was already on target, handled most of the process from his phone, and sealed the deal after productive talks with the company’s VP and president.
“My road to my deal was typical I suppose. It took about 6 months. There was some early interest, and then more and more. Royalty rate was right on par, but asked for a small raise and was ok’d.
The company is a multi-million-dollar company that has been around a long time. Started talking to the proper people; turns out they’re the VP and President of the company. They were easy to talk to. I just told myself they were at my level at some point too, and they wanted what I have.
I did make a prototype – three actually. I got one back.
I do not have any business experience. I just like to create. Also, I did this without a computer, just my phone.
Thank you to inventRight. I’m not a student, but have learned a bunch from their videos. Hearts of a teacher. They just like people to succeed.”
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