What is a Licensing Agreement?

Here are a few terms in a licensing agreement.

Learn how to make money from your ideas.

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Hi, this is Stephen Key and Andrew Krauss. We are here to help you make money from your ideas. We started our company inventRight over two decades ago to teach people how to license (aka rent) their ideas to companies in exchange for royalties.

This process is called “product licensing.”

On our channel, we show you exactly how you to take an idea and license it to companies in exchange for passive income.

Today, you do not have to start a business to make money from an idea.

With product licensing, you don’t have to write a business plan, raise money, manufacture, market, sell, or distribute any longer.

If you have a product idea and need some help, please contact us at:
Phone: [phone]
Toll Free: [phone]

Email us:

Learn how to start a business, how to become an entrepreneur, how to protect intellectual property, how to patent an invention, how to stop people from stealing your ideas, how to prototype an idea, how to contact companies looking for ideas, how to design a product, how to make a sell sheet, how to make a promo video, how to negotiate a licensing agreement, how to get a higher royalty rate, how to do market research, and how to work with inventRight.

Stephen Key and Andrew Krauss are the cofounders of inventRight, a coaching program for entrepreneurs that has helped people from more than 65 countries license their ideas for new products. They are also the cofounders of Inventors Groups of America, an organization that hosts a free, popular monthly educational meeting for inventors online. They have more than 20 years of experience guiding people to become successful entrepreneurs.

inventRight, LLC. is not a law firm and does not provide legal, patent, trademark, or copyright advice. Please exercise caution when evaluating any information, including but not limited to business opportunities; links to news stories; links to services, products, or other websites. No endorsements are issued by inventRight, LLC., expressed or implied. Depiction of any trademarks/logos does not represent endorsement of inventRight, LLC, its services, or products by the trademark owner. All trademarks are registered trademarks of their respective companies.

Reference on this video to any specific commercial products, process, service, manufacturer, company, or trademark does not constitute its endorsement or recommendation by inventRight, LLC or its hosts. This video may contain links to external websites that are not provided or maintained by or in any way affiliated with inventRight, LLC. Please note that the inventRight LLC. does not guarantee the accuracy, relevance, timeliness, or completeness of any information on these external websites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.

[countach]

This is really great information! Thanks for sharing your wisdom and knowledge with us Stephen! ✌😎👍

[rezaafshar]

Thank you Stephen for this great video! It was really helpful and informative, as always

[Omri.Tal.]

Thank you for another great video! It was really helpful and informative, as always

[aminassadi]

Is it possible to make a licencing contract from outside of the USA?

[jacmac]

If I a product is made in another country and I have a better idea to improve it, do I need to get a license attorney in that country?

[jwonderfulsuccess]

Hi invent right. Can you make a video or offer advice on how to find the best manufacturer, if we want to manufacture our products ourselves like stephen did with his guitar picks.

[Purpleangel]

I have an kitchen tool idea and I don’t know where to start, do you have any suggestions?

[lloydsnoble]

Hey Steven i seen a video with you and marc portney ...you was saying you can't send me your sales sheet to review or you can even make it professional looking for a price....how and where can I send my sales sheet.

[samueltorresjr]

If license my idea can I negotiate online distribution?

[gee]

Hi Steven @inventrightv . I am trying to budget for my project including your Premium or Gateway programme. I know it's a difficult question to answer but do you have a rough idea of the cost of negotiating a licensing agreement ?

[LillianKhrone-vsoy]

Hello invite is there any licenses that you can refer me to for a toy baby doll.

[danvance]

Well don't you help with all that?