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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.
Visit our website inventRight.com for more information.
If you have a product idea and need some help, please contact us at:
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Toll Free: [phone]
Email: [e-mail]
Email us:
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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.
New videos every week, including interviews with successful entrepreneurs. Learn from the best! Pitch us your story to be featured on inventRightTV: [e-mail].
Get your own inventing coach by contacting inventRight at #1-800-701-7993 or by visiting www.inventrigh....
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.

[@samlyons3552]

The direct Chinese factory to consumer model ( TEMU ) ; I imagine is going to be trouble for patent enforcement ( ? )

[@RiverValleyInnovations]

Thanks again, Stephen! The breakout rooms were a hit!! Looking forward to next time!

[@inventRight]

Thank you Jennifer!

[@КозакЛюдмила-ч5и]

Steve, thank you so much for your advice and help in all areas. You are the best.❤

[@inventRight]

Thank you so much!

[@AngelaPuthoff]

From Texas

[@freespacejunkremoval]

Tucson Az..

[@michaeljaywall8159]

Excellent, Mike Tennessee

[@zellabulbulian2783]

The thing about design patents is that they have in some countries less duration of protection than patent

[@inventRight]

Yes, even in the US.

[@zellabulbulian2783]

Can I ask about the procedure in the US , does ur offices look for the novelty and uniqueness of a design? Or just check for if their is no similar design?

[@inventRight]

@@zellabulbulian2783 good question!

[@inventRight]

As Kevin said, design patents are easily obtained.

[@FlyTag525]

And can merely be the lower budget beginning, then ironing it out and following up with utility patent.

[@wazup3333]

So what does the la patent lawyer do exactly?(Amazon) And how much does it cost the patent holder?

[@inventRight]

I’m sorry can you provide a little bit more information?

[@wazup3333]

​@@inventRightyes question is on more detail on what is being mentioned at 34:20 in the video

[@inventRight]

You would have to ask the firm about their fees that is chasing companies that are infringing. Everything is negotiable.

[@wazup3333]

@@inventRight right but in the video is he talking about doing a full blown lawsuit to go after them? If so then that costs millions and takes 3 years to get to trial, so how would he be able to immediately take down other Amazon sellers? All that's mentioned is he gets an 'injunction"

[@inventRight]

That’s not their approach please do some homework. Thank you.

[@Caveman8]

Smackover Arkansas

[@gee3883]

Do uk citizens need a US resident/representative/attorney to file a PPA?

[@inventRight]

If you’re having a patent attorney file this for you, they must be registered with the US PTO.

[@gee3883]

@@inventRight hey, thanks ever so much.

[@angeloc3842]

I need to learn how to do this I’ve watched ppl make billions off my ideas over the last 25yrs

[@inventRight]

Keep watching the videos!

[@ItsDeanDavis]

You can get a design patent for software GUI

[@ronyoung1270]

Can I purchase a patented selfie stick from the company and use it for an entirely different purpose than holding any type of video device?? It would instead be used to attach an object that wouldn’t even make you think it was a selfie stick?? Thanks if anyone has any input😁

[@inventRight]

Sure if you purchase it it’s yours. What are you thinking about inventing something new with it?

[@leroydavis4786]

California

[@michaeljaywall8159]

Who can I get in touch with Kevin.

[@inventRight]

Scroll down to the bottom of the page to find his contact information. inventright.com/patents/

[@dulcie82]

I would like to partner up with Steve and Steve to be cofounders of a startup business launch.

[@inventRight]

We, coach, mentor and also do the work for inventors under our Gateway and Premium coaching programs but we don't partner. Would be hard to keep running our business if we kept starting other businesses. Keep Inventing! - Andrew Krauss, inventRight Co-Founder ( Call, email, book an appointment or request more info about how we can help by visiting us here. inventright.com/contact/ )

[@nigelkingsley]

SWITZERLAND

[@genevajohnson4021]

Step by step on how to license my idea

[@inventRight]

We have a 10 step system. - Andrew Krauss, inventRight Co-Founder ( Call, email, book an appointment or request more info about how we can help by visiting us here. inventright.com/contact/ )

[@justinkeller8392]

i need the design patent and utility patent with the fill in the gaps method. Im a disabled and retired veteran. I also need help getting in touch with companies that would license me to help get it started, or sell as patent pending with a written partnership agreement that is annotated by a clerk official to maintain an equal profit with the partner. this is my contribution back.

[@justinkeller8392]

Born - wichita kansas

[@meoshiajones9596]

Mississippi

[@karthik5959]

Hi can I patent my concept

[@inventRight]

Really depends if it has utility or not. - Andrew Krauss, inventRight Co-Founder ( Call, email, book an appointment or request more info about how we can help by visiting us here. inventright.com/contact/ )

[@kenbrown4694]

Lol. Cool 😅

[@inventRight]

Thank you for watching. Please subscribe if you haven’t already!

[@genevajohnson4021]

Hackensack nj

[@inventRight]

Keep Inventing! - Andrew Krauss, inventRight Co-Founder ( Call, email, book an appointment or request more info about how we can help by visiting us here. inventright.com/contact/ )

[@shaunhendrickson1628]

U.K.