Stephen Key – inventRight Home Study Course

Stephen Key's inventRight Home Study Course

Stephen Key – inventRight Home Study Course

Step 1 – Study The Marketplace –
As easy as visiting your local store.

Step 2 – Invent For The Marketplace –
Use your creativity to add value to existing products.

Step 3 – Evaluate Your Ideas –
Identify one of your ideas that is easy to manufacture and has the most benefits.

Step 4 – Prototyping Your Ideas –
Quick and inexpensive ways to bring your ideas to life.

Step 5 – The One Sentence Benefit Statement –
Boil down the benefits of your idea into one sentence.

Step 6 – Sell Sheets –
The most important sales tool you will ever need.

Step 7 – Protect Your Idea –
Protect your ideas for only $100. The power of a Provisional Patent Application

Step 8 – Making The Call To Sell Your Idea –
Important tips for calling potential licensees

Step 9 – How To Cut A Great Deal –
Cutting a deal so that everyone wins.

Step 10 – Moving On To The Next Idea –
It’s a numbers game, keep inventing

Featuring…

How to Create a Marketable Product
The creative process
Refining Ideas
Feedback
Do some research

Bringing Your Product Idea To Life
What’s necessary
The one sentence description
Drawings
Prototypes, inexpensively
The practice one sentence description

How to Protect Your Ideas
Personal patent experience
What is a patent?
What is patentable?
Background research is key
How to choose a patent attorney
Hidden costs
The realty of rejection

How to Make Contact
Why we all hate cold calling
Make your hit list
How to get the right phone number
Hot to call the right person
What to say – the fast ball pitch

Submitting Your Product
You don’t need a face to face meeting
Understanding Corporate America
Take a picture
Learn from “No”

Licensing vs. Manufacturing
Factors to consider
Risk assessment is key
Ask around
Where’s the money?

How to Negotiate
The business terms of a license
Advances
Royalty rates
Guarantees
Performance Requirements
Territories

Signing a Contract
How to review and sign a license
Boiler Plate language
Termination clauses
Patent ownership
Patent protection / policing
Attorney input, when and how much
Contract management

Policing Your Invention
Keeping tabs on your licensees
Stay in touch with the market
Read trade magazines
Getting ripped off, what do you do?

Lawsuits, Who Wins?
The real cost of litigation
Assess what you want before you sue
Pursue other methods
Plan for the long haul
Negotiate with your own attorneys

Don’t Quit Now, It’s a Numbers Game
Review what you have learned
Don’t stop with one product
Invent more!
Submit, submit, and submit
Financial reward lies with multiple licenses
Managing your product ideas

The home study course includes:

* A 200+ Page Step by Step Tabbed Workbook
* 3 Information Pack Step by Step Audio CD’S, showing you how to sell your ideas with very little money
* Help over the phone. Once you have taken the course, it’s much easier to answer your questions about the course over the phone. Actually, we can usually answer almost any question in 5 to 10 minutes. It’s very likley that we’ve heard your quesiton 100’s of times before, so we’ll be able to get you the answer you need very quickly and efficently!

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