Tag: licensing
The ABCs of Funding
Do not even consider venture capital unless you have experience and a qualified management team with credentials.
Read More
Pitching in Quarantine
Letters and emails to company executives can be an effective option for pitching a licensing opportunity because now your snail mail will reach executives in person, bypassing the usual “gatekeepers” who would have received it before the pandemic.
Read More
Basics of a Licensing Deal
Licensing can provide an inventor with income for a long time, with much less financial risk and commitment than it takes to establish and own a company that produces and sells the product.
Read More
Licensing Basics
Intellectual property can be just as valuable as (or more valuable than) physical property. This is because IP can be shared with others in exchange for royalty fees—producing a valuable source of passive income for IP owners.
Read More
Dealing With Rejection
There are two aspects to the licensing value of a rejected patent: the probability of salvaging the essential independent claim, and the value of that claim for licensing.
Read More
Elevator Going Up
A 30-second speech can be the beginning of a long licensing opportunity. Break down the sales pitch into four objectives and concentrate on them one at a time, thinking only of the narrow purpose of each.
Read More
A Sell Sheet Primer
If you’re associated with inventing, I’m sure you’ve heard the term “sell sheet.” More than likely, you’ve put together a sell sheet for one of your products.
Read More
Patenting and Justified Paranoia
When you have an idea that has been sufficiently formulated and described in a provisional patent application, you may even be able to license that invention idea without having received a patent. This all falls apart if you tell others about your invention or otherwise disclose your invention before a patent application is filed.
Read More
Top Trade Shows for Inventors in 2019
We’ve seen inventors benefit from attending new product trade shows time and time again, so if you’re hoping to launch your invention in 2019, we highly recommend attending at least one industry trade show! These events give you the opportunity to get your product in front of investors, licensing partners and more. Check out some of the trade shows we recommend attending in 2019.
Read MoreAbsolutelyScrewed?
Complaints about AbsolutelyNew Resurface By Mike Drummond Invention submission company AbsolutelyNew says it changed its ways when it changed management a few years ago. But a spat of complaints from inventors has the San...
Read MoreHow to Craft a Standout Sell Sheet
Even in the Internet era, sell sheets remain key to landing licensing deals. Here are 12 top tips from master inventor and licensing pro Roger Brown: Be professional. Proofread your sell sheet. Nothing looks worse than...
Read MoreHow to Avoid Licensing Landmines
By Steven J. Henry Buying a license for a technology or product can backfire without a solid strategy and ample research. Here are five often-overlooked landmines: #1 – Believing a term sheet will protect your interests A term...
Read More
