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How to License Your Million Dollar Idea
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TURN YOUR GREAT IDEA INTO A GREAT BIG FORTUNE...We all have great ideas, and every day, ordinary people turn their simple, clever ideas into products or services that earn them millions in royalties. So what separates those who earn money exploiting their ideas from those who dont? The answer is in your hands; this book gives you all the information and all the motivation you need to turn your ideas into money without investment or financial risk.In How to License Your Million Dollar Idea, Second Edition, Harvey Reese, a successful new product developer, consultant, and licensing agent, reveals his system for creating commercially profitable ideas and his secrets for turning them into lucrative licensing agreements. Not only will you find nuts-and-bolts information on the licensing process, youll also learn how to formulate an idea and find the motivation to grow that idea into a fortune.Totally revised and updated, this Second Edition covers recent changes in patent law and how the Internet has impacted modern licensing. Reese includes his proven step-by-step process for formulating an idea that manufacturers are willing to pay for, researching its authenticity, obtaining patents, finding prospects, negotiating the deal, and beyond. Filled with examples of successful, well-known licensing ventures, How to License Your Million Dollar Idea, Second Edition also features an expanded appendix of sample patent forms, licensing agreements, disclosure statements, publications, contact information, and more.
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Audible Audiobook
Listening Length: 6 hours and 53 minutes
Program Type: Audiobook
Version: Unabridged
Publisher: Gildan Media, LLC
Audible.com Release Date: November 29, 2006
Language: English, English
ASIN: B000LC4AT4
Amazon Best Sellers Rank:
I love the author's story of how he got involved in this. With a handerchief box, a card, and an artifical rose. He gives lots of examples, and most importantly, in my opinion, warns to not be to paranoid about someone stealimg your idea. He also points out that you can't license an idea; you actually need a product, and you need to remember that the potential manufacturer is your prospective customer.Even if you never expect to have anything to license, I think you would benefit from reading this book; just on the chance that you might have an idea worth pursuing someday. If you don't know what can be licensed, or how to license it, then you might dismiss a perfectly good idea worth millions.The author tells the story about someone that tried to sell a flower pot with an artifical flower in it, and a light and batteries to light up the flower. It didn't do well, so he sold the product to someone for a song. The buyer threw away everything but the blub and batteries, created the first flashlight, and started Everyready. Good ideas can come from very strange places if you are looking for them.
Do you have good ideas once in a while? And have you ever seen one of your ideas in the store some years later? Most likely, nobody has stolen your idea - somebody simply took action.Harvey tells us what he did and how it worked out to get his ideas to the world. Good guide to start making something from your own ideas. Dare to contact manufacturers, agents and other multiplicators and use Harveys experience.An inspirational program for creative minds, an ecouragement to take action.For me a 28 out of 28 !
Filled with smart ideas and details on how best to implement them, I found it highly useful.Even when spirits lag a bit, re-reading some of the many options one has for marketing a good idea, keeps you going. So worth the small price the book cost.Claudia Srasbaugh
I have high expectations of a how to book. Many promise how to in the title but do not offer much in actual implementation, or only offer vague generalities.Harveys' book is not one of these.He tells you who to call, what to say, when to kill the deal, how much you can expect and many other answers that are difficult to find in our info-regurgitating world.A negative reviewer suggested he was condescending, but I find him an outstanding, plain-spoken, sharing teacher.I decided to buy both of Harveys books within a few minutes of beginning to listen to the book on CD (free from the library).Thanks Harvey for an outstanding book! It's a keeper and will add value to my product development activities.
Still haven't made millions...but then haven't really tried that hard. Good info here.
This book was a great read. It tells you that you can easily make money by selling your ideas, and the author tells you how to make sure it is original, how to protect your idea, how to spark companies' interest with your idea, how to make the deal, and then the money starts rolling in. He explains that not EVERY idea you sell to companies will make you millions, but if you have sold several ideas and are getting royalty checks for all of them, it all adds up and you could make a lot of money, and ho knows? Maybe one of your ideas is one of those multi million dollar Ideas? The best thing about the book is that he tells you anyone (including idiots) can do it. Its not hard, all you need is the confidence and motivation to see it through. Give it a read!
The information shared by Harvey Reese makes this a valuable tool for anyone considering working with large companies to get their idea into the public's hands.
awkwardly big book
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