Do you have a great invention idea you know can be profitable?
Do you have a prototype or a patent on your idea?
Large corporations in the U.S.A pay out royalties of $13.4 billion every year. Include the revenue share worldwide, and the revenue is even bigger!
Discover a proven system to license your invention idea, collect royalties, and leverage companies to do most of the work for you. Learn the smarter way to make money with your invention idea.
This course is easy to follow, and shows you a step by step system on how to market your invention idea, and start a profitable income stream with your ideas.
This course shows you how to:
·Determine if your idea can make money.
·The benefits and traps of patents.
·How to negotiate your profitable money making deals
·Effective tools and techniques to get your invention licensed.
·How to spend the least amount of money to get your idea sold.
·Secret methods and tools to get your ideas sold quicker.
·How to find the best money making ideas.
·Effective ways to protect your idea.
·Inexpensive ways to prototype your idea.
·Save thousands of dollars on your patents.
·What mistakes to avoid with patents.
·The benefits of licensing your idea versus manufacturing it yourself.
·How to contact the key decision makers to license your idea.
·How to put together an effective business and marketing plan for your idea.
·What to say to manufacturers to get them interested in your idea.
·The best places to find companies that will license your idea.
Why learn from the Inventor course?
You’re riding the coattails of Ken Tarlow, a successful inventor with over 35 years of experience of creating over 400 products worth over one billion dollars in retail sales.
Some Including:
·TurboWash –10 million sold
·Fast Track Tie Rack –2 million sold
·Airplane headset – 60 million sold
·Sharper Image Neck Cooler – 500,000 sold
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As an inventor or co-inventor Ken Tarlow has 81 US patents to his name. He’s listed in “Who’s Who of American Inventors” and is a frequent speaker at business events, and has appeared on TV, radio and print media.
After a life of being on the front line of invention and entrepreneurship, he enjoys passing on the knowledge that he’s accumulated from his 30 years of professional experience.
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This class will show you how to:
(Module 1) Finding your idea
·How to find the best money making ideas.
·Find the best markets to invent for. Find which markets to avoid.
·The top 10 trends for your product ideas.
·How to instantly get good ideas to invent for.
·The truth and lies about the product development process.
·The formula for a successful product
·The difference between an idea and a saleable product.
(Module 2) Evaluation and Research
·Determine if your idea can make money.
·Cost effective ways to research your money-making idea.
·Effective ways to do your patent search.
·The market survey form.
·The product success puzzle.
·Effective tools to research your ideas.
(Module 3) Prototypes
·Easy prototyping techniques you can do.
·How to find outside help to prototype.
·All about packaging.
·Testing your prototype.
·How to create professional looking prototypes.
·Inexpensive ways to prototype your ideas.
(Module 4) Legal Protection – All about patents
·The benefits and traps of patents
·Effective ways to protect your idea.
·Save thousands in costly attorney fees with this simple tool.
·How to spend the least amount of money to get your idea sold.
·The confidentiality document
·All about utility patents.
·How to file your own design patent.
·All about trademarks.
·All about copyrights.
·Joint owners agreements
·Vendor confidentiality agreements.
·What mistakes to avoid with patents.
(Module 5) Manufacturing vs. Licensing
·How to access the next step of licensing your idea versus manufacturing it.
·How to cross over “the wall” of financial barrier to product launch.
·The key questions to ask to guide you in the right direction.
·The benefits and pitfalls of manufacturing.
·The benefits and pitfalls of licensing.
Module 6 Licensing – How to license to companies.
·How to contact the key decision makes to license your idea.
·How to negotiate your profitable money making deals.
·Effective tools and techniques to get your invention licensed.
·Secret methods and tools to get your ideas sold quicker.
·What to say to manufacturers to get them interested in your idea.
·The best places to find companies that will license your idea.
·The resources to find all the key companies and decision makers.
·The simple tools you use to effectively present your idea and have manufacturers listening.
·Three things you should never do when it comes to talking with a manufacturer.
·When to make the phone call to the manufacturer to present your idea.
·Who you should be speaking with to get the best results for a licensing deal.
·What you should be saying to key decision makers.
·How to sound like a pro when talking to companies for them to invest in your ideas.
Module 7 – Product development and manufacturing cost
·How to spend the least amount of money to get your idea sold.
·How to put together an effective business and marketing plan for your idea.
·How to find product development costs.
·Formulas for tooling and manufacturing costs.
·Methods and strategy for start up money.
·How to create a business plan.
·Weighing the risks and rewards of your product.
Module 8 Resources – Find all the information you need.
·Work for hire agreements
·Non disclosure agreements
·Mailing lists
·Inventors workshops
·Prototyping supply sources
·Free business counseling
·Tradeshows.
·Marketing
·Books and software
·Find the best trade journals
·Venture capital
·Patent searches
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Testimonials:
Barbara Arner – The Motorized Tie Rack “Ken took my idea and turned it into a reality. I have made over $1 million dollars in royalties so far. Thank you Ken.”
Ted Strauss – Sharper Image Neck Cooler. One fortunate day, the President of Sharper Image came over to look at new ideas. He saw my neck cooler prototype and offered to license the product on the spot.”
Gary Zimmerman – Barbi Claw With that plus a patent pending we licensed the product to Commercial Aluminum Cookware Corp. (the same company that makes Caphalon) Now we’re doing an updated version which should be out next spring.”
Jim Gordan – Paci Pal “The Paci Pal is a cute little baby chick toy that holds a child’s pacifier. My wife came up with the idea. When she passed away, I was determined to see it become a reality. Ken helped me fully developed the product, including the packaging which has wording that dedicates the toy to my wife. The product will be in stores soon. It’s a dream come true.”
Michael Faber – Inventor of Sports Box Seat “I’m now in the process of negotiating a licensing deal to a major Ad Specialty company.”
Dr. Alvin Marx – Inventor of the Marx Precision Eye Dropper “ Ken has done a terrific job in the evolution of my precision eye dropper product. It’s great to have all my product development needs be taken care of in one place.”
Mark Fisher – Pres. Hartleigh Creations “The Can Grill one of the best selling new ad specialty products. My design looks great and was cost effective.”
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Find out how to quickly license your invention and avoid the mistakes that most inventors make. Don’t end up spending a fortune on expensive invention promotion companies, patent attorneys, and product engineers.
Learn how to take quickly take your invention idea and get it sold in retail stores around the country.
You can stumble along the way figuring things out yourself, or shave years off of your learning curve. Avoid costly expensive mistakes. Learn the secrets to get your invention sold quicker and more profitably.
