Видео

Awww, thank you so much! Happy holidays:)

That's exciting! I don't have any experience with licensing recipes, in fact, I've never even heard of one, so I don't think I would be much help. But, that doesn't mean you can't! Review the free lessons here on licensing and give it a try, you never know! Best wishes for your success:)

I decided to have a little fun and answer this VERY good question with a personal video:D Click here to watch: share.descript.com/view/iGZ2h2VCgYs and for more on the course I mentioned, go here: theinventionaccelerator.com/ninja-inventor Cheers!

Well said!!!!! I couldn’t agree more with you, Larry!

Fantastic, so glad it was helpful!

No, you can file your own patent application at the USPTO. However, it is important to note that it’s not easy and your patent is the heart of your ability to earn, so anyone considering doing this themselves should be prepared to go through a steep learning curve to do it well. If you’re interested in learning more about our discounted referral partners, I’d be happy to tell you more. Just use the link in the description below the video to book a free call.

Thanks for watching @camismaquiada3211!

Thank you for asking, I just noticed that the information below the video was outdated and have corrected it. Now you can find my free downloads and the link to book a free call in the description above. Thank you for asking!

That sounds potentially very good!

@icaninvent could prevent a million mosquitoe related deaths a year

@icaninvent disrupts their electro reception

@icaninvent as effective as DEET

Thank you @ChrisSaldana-lj8sh! Ooooff, that's a long story. They are toys, so it's about "delight" and "entertainment" primarily, but I added a spin with "functional plush" in that they were also organizers. Also, back then boutique plush for $30 was common, but when the economy crashed, nobody wanted a $30 plush organizer. I could sell them for less, but they became unprofitable because the costs were going up with inflation simultaneously. I don't know the landscape now, but I personally will not do plush again. It is tough for many reasons. It's just too hard to get that "WOW" with a commodity item.

@@icaninvent i'm slowly learning all of that the long, hard way 😭i imagine the plush landscape ain't much better these days. Fascinating insight, Thank you, Lisa for sharing! i've got a whole lot to (re)consider.........

That sounds interesting, I was thinking about the mess with my waterpic just the other day! Some large companies do require that you have an issued patent before reaching out but most don't. I preach calling on companies that are $100M to $500M approximately in revenue. They typically work with patent pending inventors and will be more aggressive to gain market share, therefor more likely to license products that will help them do that:)

Congratts on the PPA! Yes, we do help inventors find companies to present and license to. Happy to talk about it if you like, you can find a time for a short call here: theinventionaccelerator.com/free-consultation

Thanks for your comment! Just to clarify a few points: You don’t need a full patent before reaching out to licensees-patent pending status is usually enough, as long as you’ve filed first. Many companies prefer exclusive licenses, but non-exclusive agreements can sometimes be an option as well. If you’re concerned about verifying sales, an auditor can help ensure accuracy if there’s ever a discrepancy in reporting. Licensing does have a lot of layers, and this video only touches on some of the basics. Learning the full process can take more in-depth resources, but I hope this video provided a helpful start. Thanks for watching!

Happy to help or point you in the right direction:) Use the link in the description to book a free call, I look forward to supporting you!

@ Just booked thank you 😊

I hear that. I'd be happy to jump on a free call to talk about your options:) Please find a time that works best for you here: theinventionaccelerator.com/free-consultation

Thanks for watching @thespirallife6801, I'm glad it's been helpful!

Do your research! Invention "Promotion" companies have a history of lawsuits with the FTC for unscrupulous practices. Beyond that, IMHO, I don't believe anyone can sell my invention like I can, so why would I spend $$$ on that if I can do it myself? My training is for those who want to do this over and over and become proficient at it and earn a higher ROI as a result:)

Thank you for watching, so glad you are enjoying it! I appreciate the feedback. I agree that it is too loud on some of the videos, I will make sure to pay close attention to that going forward, thank you!

Thank you so much for sharing your thoughts! 😊 I understand how some videos out there can make it feel like you have to pay for coaching or programs to succeed in licensing-it can be discouraging, for sure. For me, sharing valuable and actionable content is my priority, even in my free videos, so that you can start making real progress without feeling pressured. My course is $49 and meant to be affordable for those who want structured guidance, and I also offer more hands-on help if that’s ever something you’re interested in. But I firmly believe that quality training shouldn't just be for those in paid programs. Ultimately, I hope the content I share here gives you the confidence to move forward because I KNOW ANYONE CAN DO THIS, with or without additional support. Keep going, and remember: licensing success is possible, and I’m here to help however I can! 🙌

Thank you @kimbomad, and thanks for watching!

Aww, thanks @grabasolo2257, and thanks for watching!

Thanks for watching @Thehector20:)

If it is their policy not to work with outside product developers and you don't have a personal relationship with someone at the company, you will need to move on to another viable prospect:)

I'm sorry, I don't understand the question. Please clarify what you mean and I will do my best to answer:)

Thank you so much @FceChair, welcome to my channel! There are over 100 tutorials here, I hope you find value and everything you are looking for! If not, feel free to book a free call to get your specific questions answered:)

@@icaninvent Can I ask a quick question here? As an avid inventor, do you get to a point where you create something, and send just send it to a patent lawyer and they handle it from there? or do you walk through the process for every single one.

@@bSweitzz Patent attorneys don't "license" products. That would be a "Licensing Agent" and I have not found one that consistently gets the job done, so...No, I personally do all of it. I have not found a person or company that can do a better job licensing my products than me. The skills needed are entirely possible for anyone to learn and no one will work as hard as the inventor to see it through. In my experience, it's the love for the product and passion to see the dream through that makes it happen. Anyone doing it for a "paycheck" will never be as committed. IMHO:)

@@icaninvent Ahh ok. I would agree on the "No one working as hard as the inventor" Definitely a fitting piece to all things business. Lastly, From your time of finishing the prototype, what is the fastest time frame you've been able to go from finished prototype to Licensed or patented.

@@bSweitzz Hmmm, the fastest would be when I licensed 3 products in 90 days from idea to license:) But, please understand, I've been doing this a long time and it was for an industry I am considered an expert in, so there was very little learning curve.

😊Awww, thank you for sharing, makes all the hard work put into these worthwhile!

Yes, when you license non-exclusively. But most companies want an exclusive. There are special cases and I explain that in detail in the patent video that I listed in the description for your convenience:) Great question! Thanks for watching 😊

Hi Nick, thanks for watching. Depending on the "profession" it could lend credibility. You could add a separate paragraph that you are also a product developer of..."value proposition". And, you may consider adding pithy about innovation to your byline:) You can us ChatGPT to help too!

@@icaninvent thank you for the quick reply! I’m slightly worried about the impact it may have on my banking career and the perception of my employer or clients/proposers for that career. Any thoughts? Or should I just get over it?

@@nick.makowski It is highly unlikely that prospective licensees will ever look at your linked in. So keep it focused on your business. If you wanted to add something to the end of it that you are "also passionate about innovation and developing great products" or something like that. It would be small and at the end of the bio like others who typically use that space to talk about what they like in their personal time:)

Okay! This is so helpful. Thank you!!

🤣🤣🤣

Thank you @viapina7329, I'm SO glad you are finding them helpful. It takes a lot of time to put these together, your comment makes it worthwhile!

Fantastic, good luck!!! Glad it was helpful:)

LOL, that was during COVID and I was growing out my gray hair...hahahahaha

Thank you so much for sharing your thoughts, and I completely understand how overwhelming the process can feel, especially when you're dealing with challenges like limited resources and chronic illness. But don't give up just yet! There are definitely ways to move forward without a huge budget or an R&D team. First, not all inventions require a full patent to license. A provisional patent application (PPA) is an affordable way to secure your idea while you explore potential licensing opportunities. It gives you 12 months to test the waters without a massive upfront investment. You can file it yourself for as little as $70, just go to USPTO.gov to learn more about their resources for independent inventors. Also, many companies are open to licensing ideas directly from inventors, especially if your concept can be easily understood and doesn't need much development. The key is getting in front of the right people, and you'd be surprised how powerful a well-crafted pitch can be, even without deep connections. I also encourage you to focus on what you *can* do. For example, leveraging your research skills and creativity to come up with clear, concise pitches that demonstrate the value of your ideas to potential partners. You don’t have to go it alone either-there are resources and communities out there (like the one you’re a part of now!) that can offer guidance and support. Keep going. Your ideas are worth pursuing! 💪

Thanks for watching @Exomikv!

Glad you liked it Chris! Thanks for watching:)

I hear you, you're not alone. The good news is that you don't have to learn the hard way anymore:D I'm glad to be able to help cut that learning curve:D Thanks for watching!

You inspired me:D

Hi Stephanie, I have helped founders with tech start-ups and as mentioned in this video, do not recommend inventors who seek licensing deals innovate in this category. Instead, I recommend that ou go to a start-up accelerator to help you build a business and get funding:)