How to PATENT YOUR PRODUCT and MAKE MONEY!

Learn how to make money from your ideas. #inventRightTV

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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.

[cynthiagroff]

Have a patent recently awarded; sure wish I had found you guys sooner!

[se]

You know this guy invents stuff with that crazy hair 😄👍

[Heliazul]

great start thank you, I am still wondering, what steps did you take to create the photo advertisement / produce the product for the photo or an alternative to possessing the created object for the photo? That is unclear.
and 2. what red flags and green flags / price range and rights are you looking for when negotiating with companies?

[pssingh]

Hi Stephen Key & team . Thank you for this information . I have innovated gravity energy converter, I have filled provisional patent application . It is exprimently and theoretically has proven but in proto type stage .. Can I show my innovation openly any one or after getting patent I can show it publicaly?
I will be thankful for your advice .

[samuellee]

Hi Stephen, i invented something when gyms closed and did a search nothing like it anywhere so i filed PPA even made a prototype i contact companies that it would fit in those types of workout equipment first thing they ask after i tell them the benefits they wanna see it, if its shown after explaining the benefits it can be easily copied because its simple, my question is at what point do i ask them to do a NDA?

[vman]

I know this is an old video but I am in the process where a company has picked up the idea and I have a provisional patent. They have offered to do the full patent. My question is does that patent go in their name or in mine. Any help would be amazing.

[andrewcatallo]

How do you contact companies that might be interested

[aaezah]

A few questions, How do we get in contact with these innovative companies? what if they say interested but said intellectual property isn't that important? do we not move forward with the patent?

[falcn]

What if there are no products on the market but some random Japanese company owns a patent? How different does my idea have to be to make it myself?

[TheresaStrepek]

Hello- I have a wellness concept that is novel and not already in the patent dbase. Do I need an attorney to file a Provisional Patent or can I do it myself if I am careful? I would Love more detailed info on this process so I don't muck it up. I got a shot at an industry disruptor. How important is TRADEMARKING? FYI: I will use my profits to fund a patriot technology development company to build AI-FREE mobile phone technology. I am a software the tech industry is actively brainwashing. We need a neutral mobile phone option.

[k-ray]

being a guy with no connections, no money, no way to get a patent. but have several ideas, a few of which i believe could be gamechangers in their specific industries... whats a guy supposed to do

[anthonybaker]

I have an idea I'm working on I have a prototype and I use it. Had it about a year just started perfecting it with the tools and materials I found online. I just want a patent so I can independently make and sell my product until I make enough money I'll contact a big company and hopefullythey'll make a deal with me. In a perfect world

[sharwankumar]

Sir
I have a granted patent for save Drinking Water. How can I sold my patent??

[Master_of_the_Ether]

Спасибо за информацию хотя не понимаю по английский... (из комментариев к видео с переводом: чем больше их тем понятнее)

[KissMyArs-nt]

Hello Mr. Key,
If I ask a company to pay for the non provisional pattern then who files and whose name will it be in.
I'm scared that the company will then own my product.
Can you please elaborate sir.

[sorino]

If they pay for your patent would it be in your own name and them?

[corefishing]

1 in 10000... .01 make money. Even as a placeholder, the big boys wait you out and steal your IP. They know you dont have money to patent.

[chriss]

Dontnanfewnofnthose steps cost thousands to file

[khusbirsingh]

Patent design sale battery electric vehicles multi use home vehicles battery lead acid gel smf life increase of battery 50 years

[christaner]

Where can I find a licensing attorney How do you search for them I'm having trouble, Sounds easy but not that simple to find A licensing attorney.
"Chris.taner said so"