How to License an Idea Without a Patent
How to License an Idea Without a Patent
Stephen Key, CoFounder
The Traditional Model
? Write a business plan ? Raise capital ? Source manufacturing ? Develop marketing
materials ? Fulfill and distribute orders
Not for Everyone!
Some people do not have:
? Time ? Money/Contacts ? Experience ? Or even the Desire!
There is Another Way
Licensing!
You "rent" your idea to a company and collect royalties
How it All Started
Lesson 1
Love what you do!
The Beginning
Lesson 2
Create products that sell or you won't eat!
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