This Professional Inventor Has Licensed 50+ Products!
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- čas přidán 7. 11. 2019
- Amanda Hutton is a full-time inventor. Check out her new hit product Push-N-Pop by Ethical Products: • Push 'N Pop
She began inventing and licensing products for the toy industry in 1992. She started in the pet industry in 2003. Because she liked it so much, she decided to focus on just pet products beginning in 2006. In the early 90’s, she worked as a full-time travel agent. As her inventing business grew, she began working as a part time agent in the late 90’s and early 2000’s. By 2002, she was working on her design business full-time.
Her degree is actually in biology with a minor in art history, but she was always a big game player especially board games. Being a travel agent as well as enjoying board games, she got an idea for a travel game. Passport was her first game design. Unfortunately she never licensed that game. (In the early 90’s, travel and educational games were not considered very marketable.) However, she enjoyed the ideation and creation of the board game so much that she designed another one and another one. On just her fourth try, she licensed Leapin’ Lily Pads, a dart board game, in 1995!
Of the more than 50 products she has licensed in her career, most have made it to market. A few did not due to manufacturing issues or management changes.
In this long interview, licensing expert and inventor Stephen Key interviews Amanda about what it takes to become successful as a professional inventor; the toy industry and the pet industry; what her day to day is like; and more.
Some of her other successful pet products on the market today include:
www.chewy.com/arm-hammer-dent...
www.chewy.com/ethical-pet-str...
www.amazon.com/Multipet-Bangl...
www.walmart.com/ip/Spot-Push-...
Bringing an invention to market? Let inventRight, the world's leading experts on product licensing, show you how. Co-founded by Stephen Key and Andrew Krauss in 1999, inventRight has since helped people from more than 60 countries license their ideas. Visit www.inventright.com for more information and to become their student.
Call #1-800-701-7993 to set up an appointment with Andrew or another member of the inventRight team to discuss how we can help you license your ideas.
New to licensing? Read inventRight cofounder Stephen Key’s bestselling book “One Simple Idea: Turn Your Dreams Into a Licensing Goldmine While Letting Others Do the Work.” Find it here: amzn.to/1LGotjB.
Want to learn how to license your product ideas without a patent? Stephen's book “Sell Your Ideas With or Without a Patent” explains exactly how. Find it here: amzn.to/1T1dOU2.
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.
Lol my dog jump right up when she made that toy skweak lol
Inventright are brilliant. I can’t thank them enough. Their free videos are enough to get going. I look forward to licensing and being able to afford all of their awesome educational programs.
Jason Homer you can do this! Thank you for watching!
Thank you Stephen. InventRight is one of the most honest and supportive community's I've had the privilege to be apart of. For the 1st few months of boot camp I kept waiting for a catch but it never came. You guys are truly out there supporting inventors everywhere. Thank you to everyone on your team. If anyone reading this is considering signing up just do it. They will focus you on your goal and keep you from making all the mistakes that people without mentors make.
Keep inventing.
Billy M Thank you very much for the kind words. Our mission for 20 years has never changed.Your success means everything to me. Because of your success and others that have watch our videos,read our books and have become our students have given me a voice in this inventing community. And I cannot thank everyone enough!
Thank you Billy.
How much is it ? I wish the pricing was more straightforward . I don’t want to go through a two hour consultation call only to find out I can’t afford it yet .
Fire Mama it was a while ago so I m sure their pricing has changed but there are multiple options with different costs. The amount of help you might need really depends on how much experience you have now. You should call and talk to them. It was a great experience and once they taught me how to approach licensing a new product I’ve been very confident and comfortable doing it on my own. Once you know how to talk to companies it becomes much easier to reach the right person. I still have my day job but have had some small success. I currently have a small product being looked at for licensing. It can be a bit of a slow process. They give you all the tools and support you need to succeed but it’s up to you to have a good product. Good luck. 🍀
What's taking so long? A few months? What is there to talk about licensing for a few months? А почему так долго? Несколько мнесяцев? Что такого можно говорить о лицензировании несколько месяцев?
I was watching the video and my dog "a 4 lb Yorkie" could hear the squeaky toy.... she went 🤪 🤪
Love it!
A great commercial for the Push-n-Pop!!
What a pleasant, down-to-earth Lady. Great interview! Thank you, Stephen and InventRight!
Enlightened Hummingbird Thank you for watching.Next week Judy Edwards of Shark Tank “squatty potty”will be coming on.
Wow, 50+!! Amazing to see how the creative mind works to see an end to the solution means. Relationships and mentoring are a definite plus in being able to bring concepts to selected licencees with options. I love how she has been able to build on previous successes in different markets. Congrats Amanda!
PLEASE!!!
I would love to see the original video that was used to convince the license first time.
Showing the prototype used to make this "first sell sheet video" would be so beneficial to the inventive community as well.
It would be very nice if it was a standard way, showing early prototype and sell sheet video, on any InventRight successful inventor story.
Cher from Montréal,
Alex
Thank you for your feedback Alex. These are good ideas!
Wow this is so inspiring, Stephen you are a blessing .
WOW! Thank you Amanda and Stephen for a fantastic interview. It's a "Master Class" in inventing, prototyping, licensing, option agreements and the pet industry. I especially like Amanda's comments at the end: "Don't Stop! Keep Trying! You never know!"
Andrew Darlow Thank you!
Fantastic! Congratulations on your success!
Thank you Amanda, great insight and reassuring to others on the same journey!
Andrew Hodgson thank you for watching!
Thanks for the insight!
Amanda, you should write a book. You are very insightful! Love your creativity.
Definitely a professional inventor .....great questions Stephen Key
Daniel Braisted thank you Daniel!
Amanda is amazing.
Great questions Stephen, you are amazing too.
Great video, good Qs and As. Thanks, Amanda and Stephen!
Dan Vorhis thank you for watching!
Very instructive. Thank you !
visualchallenge Thank you for watching!
Great interview ! Thanks !
Sylvain Legare thank you for watching!
Can you talk a little bit about the bathroom product industry? I haven't seen many videos on it. Thanks
Thank you for this video! I have to get my rear in gear!
Phil Harley thank you for watching!
@@stephenkey3137 Love your books and vids. Wish I knew back then what you teach now!
I would love to know more about her story and how she started in this.
Thank you!!!
Thanks for watching!
Amanda mentioned 5% as a typical royalty rate, but is that on wholesale or retail? There are many ways to slice a deal.
Very Clever ❤❤❤
I think so too!
This is great! As a european engineer/designer/inventor I'm a bit sad we don't have the "provisional patent". One question about the licensing fees: 5% of what? The sales price to consumer?
Mikael it’s always on the wholesale price. Thanks for watching!
If I had the chance I would have been one myself. Got tens of ideas myself, out of the blue, without making a purpose out of it.
If I would have had a first opportinity and made some cash with one, hundreds would have folllowed.
Of course relationships are critical. When $65 for a PPA isn't something you xan afforrd to risk, and you also don't have ANY connections whatsoever, well...
excellent video, thank you
Kathryn Harrold thank you for watching!
I would be curious to know a rough idea of the term sheet such as % royalties, royalties on next iteration within the same customer, minimum garanti and related info. It will be very valuable info for next video.
Thank you for your feedback and watching!
8:39 The final "official" promo video is awesome!
Without any voice over, I really like, nice inspiration for my current project, thanks so much.
it is well done!
My question is how much does it cost to get my product patent and licensed? We tried another company then heard all the bad reviews and fraud and cost was rediculous yet they said our idea was the vest they ever had but wanted more money constantly. Please help. I can make my product to start and i can have my packaging designed but want to get it patent and licensed so it cant be stollen and would like to sale to retail stores. Then once it gets bigger id like a company to help me manufacture my products
Very smart
I have an idea that is related in technologies but I dont know where to start and who i can sale? It to?
Who manufactured your toy monkeys? I have a few versions of my earthbears also. Interested In getting some of it made into actual toys. Info will help. Thank you.
did she have to come up with the mechanics of the treat pop machine?
Hello Steve and Amanda. I’m feeling stuck with my invention. I have a patented product but am stuck in the manufacturing stage. Don’t know how to find a suitable manufacturer. My product is a plastic toy. Very educational. I am interested in how Amanda went about getting a manufacturer to make her products. I have successfully found companies who would consider selling the product line but only when I have the products. If ultimately like to get a licensing agreement with loyalties. 😊🙏🏽😊
I feel stuck. Can you advice? Thanks
If ultimately like to get a licensing agreement with loyalties. 😊🙏🏽😊
I had an idea that I shared with a company board has called me four times but I have not returned your car because I don’t have a provisional or protocol or anything at all should I wait to call him until I’m more educated and have something on paper thst I can show my oroduct .? Or should I not worry about it and just get his advice snd see what he means by being very interested in it . Thank you fir this video I can’t wait to see more
We'd love to help you handle this the right way! Have you considered having inventRight guide you?
@@inventRight I’ve watched some wonderful videos of yours , and yes that would be great ! I just so happened to put one of my ideas on an add that popped up and they contacted me so I haven’t reached out to anyone else . I beleive Davison or Davidson is the co . I haven’t signed an agreement but suppose to talk with him on Wednesday thank you for answering my question . I will be watching more informative videos I really enjoy and can learn a lot from such prestine inventors and videos you guys make . Thank God fir people like you who can be so kind enough to generously give your knowledge away that help so many people .
Curious to when u would want to use a "broker" as opposed to going direct to a company or at least trying first. I would think the "broker" is some sort of middle man that prob has the connections that you dont have, but also isnt exactly working for free. Is his money taken off the top typically or is he getting a cut of the royalty?
k bar you should watch some of the other videos with a Toy Broker. If you’re not serious about this industry I would submit directly to the toy companies. But If you’re very serious about this industry a Toy Broker’s can be extremely helpful. It’s what you know and who you know in this industry. There’s a toy trade show coming up in November in Chicago called Chi TAG great place for beginners. But it’s expensive! Thank for watching!
I WANT TO DO THIS!!!
Esoteric Mystery you can!
Thank you for watching!
You can!
Hey fellow inventors/Product creators. If you get a chance or not to grown, watch Green Eggs and ham on netflix. It has great, inventor inspirational messages. And your kids can watch too.
I want to reinvent a common house hold item, i draw it out file a ppa whats next do i contact the company that owns the produxt i want to improve or do i send a letter..do i need a prototype ?? What happens next ?
Hi Stephen, can you please tell me what the high side percentage and low side of royalties payment should be when licensing a product, i know they can vary but if you can just give a ballpark figure.. thank you..
T wie all depends on the technology. All depends on how much risk you’ve taken away in terms of market demand, prototypes, and even protection. 3% slow side 10% of the high side.
T wie thanks for watching!
I already have a prototype im just trying to get an investor
You don't need an investor to license a simple product onto the market. We can help. Contact us: inventright.com/contact
I need an investor to back it
I wonder what's underneath that white sheet!
If the inventor only gets upto 5 % how much does he has to share this with promoter/helper for helping you ? Or does he gets his commision from the company, leaving your 5 % intact ? Please can you clarify ? Thanks.
There are different ways of paying the people who help you get a deal. At inventRight, we never share an inventor's royalties or profits. Others have a different business model.
Thank you for your prompt and honest reply.... am glad I do not have to cut into the 3-5 %. and get to keep the whole loot. Thanks.
Awesome content! I'm in the U.S. Marines, I've been serving for the last 11 years and I have a pet product I'd like to get licensed! Please help if you can! Semper Fi!
I have so many ideas Inventions,I just need money to pay.
it was a mouse
15:14 Im so childish ;-0
The idea I am submitting may not qualify for it is a clothing accessory
Maybe not if it's clothing. Yes. Hard to patent clothing, but it is doable if it has functionality. - 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/ )
Yes,but only if this patent application last only for one year ,then she need to pay patenting every year.
The gospel of go spel In God We Trust Proclamation of the Bible of license Equal Cens ,Eli of license of the Bible of Elijaha Cummings of Elijaha Elias Eli Ely must restore all things of the Bible old King James Bible of the land called Earth of Genesis 1:10 of The Tribe of Benjamin of the Bible old King James Bible study
The gospel of go spel hell they had us in Slavery Hell they took our names of the people of the Bible old King James Bible study
Licenses are one of the bane of our world, there is no reason to be proud here. :(
Huh?
people buy crap, so it's good to invent crap ~
theothertroll thank you.
The gospel of go spel thought it not robbery to be equal with God of In God We Trust Proclamation of the Bible old King James Bible
I got next
50 ideas Inventions patented,I hope she didn't copy others product that are already in sale.
She is rich to pay for 50 ideas patenting.
Did all these ideas belongs to her mind or she stole it from others?
I know some people stole my few ideas , because I talk 🦜🐦🦜🐦