I’m going to discuss something in this blog that is very important to your ultimate success in licensing an idea to a company. Towards the end of the process, most inventors are so excited to be signing a licensing agreement that they lose focus on the actual terms of the agreement. There is one surefire [...]
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I used to say that your sell sheet was your best ally – that you needed a great sell sheet to present your idea to potential licensees. Sell sheets are still great, but they’re becoming outdated. With the wealth of technology available to us, I’m going to advise that you go one step further. Make [...]
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The best way to guarantee that the licensing agreement you sign is fair and rewarding is to hire an expert to help you. Hiring a licensing specialist is worth every penny. Frankly, I think they’re a must-have. There are some aspects of bringing a product to market that you can do yourself, but others absolutely [...]
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Polaroid’s Z340 Instant Digital Camera melds together the joy of an instant Polaroid and the convenience of a digital camera. With no ink, no computer, and no hassles, the Z340 prints out 3 x 4″ full color images. You can add fun borders, including the classic Polaroid border logo format, and upload custom borders that [...]
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Audiovox Corporation is one of the winners of the “Best of Innovations” Award at the 2012 Consumer Electronics Show for their RCA USB Wall Plate Charger. Audiovox’s new RCA USB charging line-up comes with a Night Glow USB Home Travel charger with an amber indicator that glows while the device is charging, and a full-function [...]
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Andrea just licensed her first kitchen idea. Andrew and I will interview Andrea this week to learn how she did it. She will talk about her fears and how she was able to cut the deal. Sign up now to be notified when the interview is available to watch. Tagged as: Andrea, Fears Article source: [...]
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The USPTO’s very own John Calvert sat down with Andrew and I to discuss the new “America Invents Act”. In this one hour interview we discuss the impact on the independent inventor and what this means for the future of inventing. Listen now on InventRight Radio. John will also be speaking at this weekend’s Inventors [...]
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BASIS Science, Inc. is the creator of the world’s first continuous heart rate and health tracker, the Basis B1 Band, featured at the 2012 International CES show in Las Vegas and showing its web-based personal dashboard for the first time. Basis Band web based personal dashboard was designed to give people information about their everyday [...]
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I had the pleasure of interviewing Mateo Neri, one of the founders of the online learning lab IdeaPow. IdeaPow aims to educate designers about the benefits of bringing their ideas to market through licensing. Neri, an entrepreneur, award-winning designer, and faculty member at the Art Center College and Design, noticed that many of his students [...]
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Someone asked me the other day, “Steve, I have a great idea but I’m not sure if I should go forward with it. What should I do?” And the first thing I asked in return was, “Have you looked at the numbers?” It is difficult to determine the level of effort and investment you should [...]
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Click here to listen to Stephen's interview on the Biz Ninja Radio show.