inventRight Inventor Just Licensed His First Product Yesterday - His Story
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- čas přidán 28. 08. 2024
- inventRight Co-Founder Andrew Krauss Interviews inventRight student Andy Dillow and his coach April Mitchell about closing his first deal. He also talks about the process and what it was like. Listen and learn about what it takes to license your first product.
Do you need help with your invention idea?
Do you have an invention idea and don’t know what to do next?
How do you license an idea? How do you patent an invention? Learn how to become a profitable inventor and earn passive income from your creativity following the advice of inventors Stephen Key and Andrew Krauss. They are the world's leading experts on how to license a product idea. If you have an invention idea, inventRightTV is the show to watch.
Stephen Key and Andrew Krauss are the cofounders of inventRight, a coaching program that has helped people from more than 65 countries license their ideas for new products.
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If you have questions about how to invent, how to be creative, design, how to do market research, prototyping, manufacturing, negotiating, pitching, how to sell, how to cold call, how to reach out to open innovation companies, licensing agreements, non-disclosure agreements, patents, copyright, trademarks, and intellectual property in general - subscribe to inventRightTV! New videos every week, including tons of entrepreneur success stories.
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This is the book you need to license your product idea: “One Simple Idea: Turn Your Dreams Into a Licensing Goldmine While Letting Others Do the Work.” Find it here: amzn.to/1LGotjB.
This is the book you need to file a well-written provisional patent application: “Sell Your Ideas With or Without a Patent.” Find it here: amzn.to/1T1dOU2.
Determined to become a professional inventor? Read Stephen's new book "Become a Professional Inventor: The Insider's Guide to Companies Looking For Ideas": www.amazon.com...
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If you need help with your invention idea please reach out to us.
We can help you patent, design and license your invention idea.
I am an InventRight student too. I want to tell everyone: there are no hidden fees, no strings attached, and best of all, they do NOT take a percentage of your invention. They teach you how to do it, you do it, their team is there is if you get stuck with anything, and you keep all the profits after you license it. I am so glad that I have found them.
Thank you!
You do have to be an invent right student to get their advice right?
@@rikkisharma2128 Yes, you need to be a student to get one on one coaching and guidance. You can learn more about our programs here. inventright.com/services/ and book a call to talk about how we can help here. inventright.com/contact/ - Andrew Krauss, inventRight Co-Founder
@@inventRight thank you Andrew for your response.
Amazing ! Congrats ! I hope we have a follow up video with the product and discuss the additional licencing
Absolutely Vee. - Andrew Krauss, inventRight Co-Founder
Congratulations! inventRight makes students into experienced inventors! Looking forward to seeing the product.
Thank you Kelly!
I'm glad I always think of people as people only, and not as 'oh my gosh, he's the CEO, I feel intimidated by his position.' To me, we are all just people, with certain positions. But everyone has feelings, emotions, and sometimes we just simply connect with a certain person or group of people, who like us for our honesty, and would like working with us.
So true Sam. - Andrew Krauss, inventRight Co-Founder
Congrats Andy! April is an awesome coach. Cannot wait to be in similar shoes!
Thank you so much for watching!
I loved hearing about what benefits he received from getting help. I often think about doing this myself but do wonder if I would be okay the whole way or if it would just be faster with added support. Very insightful! Thank you!
Hi Damarie, Thanks for the kind words. Feel free to book a call with me to talk. Use this link to book a call with me and i'll call you at the time you book on the phone or on zoom if you specify zoom when you book.
go.oncehub.com/andrewkraussir - Andrew Krauss, inventRight Co-Founder
Love to hear success stories, can't wait for the follow-up interview!! I'm happy for you both!! Thanks IR for everything, it would be almost impossible to do this without you and the program, #HappyStudent!!
Thank you so much for commenting Wade!
Thanks for the kind words Wade and Andy will totally be coming back once the product hits the market and we can show it. - Andrew Krauss, inventRight Co-Founder
Thank you for sharing and congratulations 🎉 👏👏
Congrats Andy much luck to you.
Congrats glad to see when dreams come true. I’m looking know to find help on my invention I have design drew up on. Again congrats.
Thank you for watching and commenting!
What if I have an idea and edited a video pitch how do I protect my video before showing it 🤔
File a PPA (Provisional Patent Application). inventright.com/servicesold/smartip/ - Andrew Krauss, inventRight Co-Founder
Thanks for sharing ! quick suggestion.. try to get all guests to be about the same size on screen :) Would look way better
Funny you mention that. I was just asking our IT guy about how we accomplish this today. Hopefully we'll be able to improve on this. - Andrew Krauss, inventRight Co-Founder
Good :) my 2 cents might be that it's easier to ask all participants to adjust their seating before hands as doing post adjustment afterwards might take a lot of time and loose quality overall
Congrats on all your hard work paying off. Great job to you Andy and couch April . My question is what was the best form of outreach worked best, Calling, emails, linked in, thanks
I would always start out with LinkedIn first. If you’re comfortable with calling I would also suggest that as well.
Thanks for watching!
Thank you for sharing this. Very informative. You guys are doing a great job.
Thanks Hush. Andy and April did an amazing job. - Andrew Krauss, inventRight Co-Founder
@@inventRight Seriously. It was perfect in every way. Upfront, clear and precise. I'm sure many here would agree.
I scheduled an appointment on the 13th to call in and learn more.
I submitted a unique wind turbine for you to look at. I'm hoping you see it's potential and can advise me further with it.
Fingers crossed.
But again thank you guys for taking your time to help us.
@@downyourtube Excellent. We look forward to talking to you and seeing how we can help. - Andrew Krauss, inventRight Co-Founder
@@inventRight It's Awesome!
Pro's..
No gear box needed.
Air Cooled.
No traditional blades used.
No directional device needed to face the wind constantly.
Weather resistant.
Costs less to manufacture.
*No Generator needed.*
Made from handheld to any size greater.
Will produce more power than a equally-traditionally sized one.
Protected against any flying objects (fowl, weather, etc,.).
...and more.
(edited to say, It can be placed on any moving vehicle to charge *anything.* )
My wind turbine will replace all current ones in use (remember my words).
I can't wait to speak to someone!
Mr. Quesenberry
So. how much for the help
9:52 Free recourses.
Thanks Peter. - Andrew Krauss, inventRight Co-Founder
What if I manufacture something that's already been invented but I do mine differently? The production technologies are different, the assembly is unique, the materials are not the same.
That's very common Andrew. I can't answer specifically of course without knowing what the product is of course. Use this link to book a call with me and i'll call you at the time you book on the phone or on zoom if you specify zoom when you book. go.oncehub.com/andrewkraussir I'd be happy to talk to you. Make sure to paste this question into your booking so i remember you. - Andrew Krauss, inventRight Co-Founder
10:45 sample documents.
Thanks Peter. - Andrew Krauss, inventRight Co-Founder
10:31 Licencing Library
Thanks Peter. - Andrew Krauss, inventRight Co-Founder
10:52 books
Thanks Peter. - Andrew Krauss, inventRight Co-Founder
Hey , I have been looking for people who do licensing in Europe and might share some of their experience (a european version of your great guides).since USPTO and its great tool ( the PPA) is in the US only I don't know if there is any equivalent to rely on and pitch my ideas to european companies?
thanks in advance.
Hi Poorya, You have it all wrong. We have had students in over 65 countries. They file a US PPA and it does protect you in a round about way in other countries. If you focus just on Europe you will not have success. We guide our European student to reach out to US and Canadian companies in addition to European companies. You are making some critical mistakes in your thinking here. Be careful. - Andrew Krauss, inventRight Co-Founder
@@inventRight thank you for your response . the thing is that I am in Iran and let me share a quick experience I once called a company to practice my cold calling and speaking skills and that person as soon as he realized I was calling from Iran hung up on me😅. you see I have more challenges compared to others. speaking of your students have you had Iranian students ? that could the key to many of my problems. I know USPTO does great in terms protections however keep in mind our Rial is worthless and it won't be quite cheap for me to spend for a PPA even once a month.
If this video dont tell everyone just what inventright is all about noting never will. Someway somehow when we look up invention help, inventright needs to appear first before the scammers suck us in , sorry the truth hurts.
I loved hearing about what benefits he received from getting help. I often think about doing this myself but do wonder if I would be okay the whole way or if it would just be faster with added support. Very insightful! Thank you!
Hi Damarie, Thanks for the kind words. Feel free to book a call with me to talk. Use this link to book a call with me and i'll call you at the time you book on the phone or on zoom if you specify zoom when you book.
go.oncehub.com/andrewkraussir - Andrew Krauss, inventRight Co-Founder