How to create a new idea

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:
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Toll Free: [phone]

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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.

[Cad]

Good day guys! I have an invention idea but don’t know where to start with so many informations out there. Certainly don’t have the money to even begin with but the idea is an amazing one. I would watch a video that lays out everything brilliantly on how to get started with the 1st, 2nd, 3rd and so forth steps then another video pops up, click on it and it breaks down reasons why all the steps that was from the previous video I just watched are not the way to go and those are very bad ideas. So basically I’d get an advice from 1 video and another video argues that those advices are bad. So now I’m stuck with this brilliant invention idea not knowing what to do especially with no money, someone who can see the trap that I’m in, please help!

[TS-zppe]

People come up with ideas all the time but very few come to fruition due to the fact that R&D need’s money. It’s so difficult to find an investor willing to ride out an idea or invention without an MVP.

[Cheriahdoll]

I've come up with several ideas and followed you for about 6 years but I'm scared that I won't have enough time and money to follow through.