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How to License Your Million Dollar Idea: Cash In On Your Inventions, New Product Ideas, Software, Web Business Ideas, And More
 
 

How to License Your Million Dollar Idea: Cash In On Your Inventions, New Product Ideas, Software, Web Business Ideas, And More [Paperback]

Harvey Reese
4.8 out of 5 stars  See all reviews (4 customer reviews)
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Product Description

Product Description

The classic guide to cashing in on your million-dollar idea

Whether you've invented a great new product, or you have an idea for an app, an online business, or a reality show, How to License Your Million Dollar Idea delivers the information you need to snag a great licensing deal. Now in its third edition, this book has become the go-to source for budding inventors and entrepreneurs who have great ideas and want to cash in on them without putting themselves in financial risk. Licensing is the way to make that happen and this book explains exactly how it's done.

You'll get tested advice on how to protect your ideas and find a licensee for new products, apps, TV game shows, websites, software, and more. You'll also learn how to develop your creative thinking skills and objectively evaluate your ideas.

  • Explains how to protect your new idea with or without patents and copyrights
  • Directs you in finding the perfect person at the right company and on how to prepare a presentation that gets you to a "yes"
  • Reviews sample licensing contracts to help you understand what your creativity and achievement entitles you to

You'll also read accounts from profitable inventors on their own goof-ups and brilliant moves along their paths to success.

From the Back Cover

The Classic Guide to Cashing in on Your Million Dollar Idea

If you have an idea or invention for a great new product, an app, an online business, or a reality show, How to License Your Million Dollar Idea delivers the information you need to snag a great licensing deal. Now in its third edition, this book has become the go-to source for budding inventors and entrepreneurs who have great ideas and want to cash in on them—without putting themselves at financial risk. Licensing is how you can make that happen, and this book explains exactly how it's done, by a master in this business.

You'll get tested advice on how to protect and find a licensee for your invention or your new product idea—or your idea for a new TV game show, website, software, and more. You'll also learn how to develop your creative thinking skills and objectively evaluate your ideas for their originality and commercial value. You might be sitting on an idea gold mine. This book shows you how to mine that gold and turn it into big royalty checks.

"How to License Your Million Dollar Idea acts as a step-by-step guide for any new inventor. After reading it I landed my first big licensing deal!"
Karen Norris, inventor of the Stack Mates Storage System

"As an active inventor, I appreciate the fact that Harvey's book demystifies licensing techniques and has saved me thousands of dollars in legal fees. I believe that this book is a must-read for any inventor."
Michael Scarzello-Kaczkowski, inventor ofRealLifeSkin

"Harvey's great book, How to License Your Million Dollar Idea, gave me the guidance and confidence to negotiate a successful licensing deal."
Matt Butler, inventor of the Rollors game

"Harvey's book is the best one I have ever read on inventions—it challenged me to pursue my idea in a way I would have never imagined. I have been in business for three years now, fulfilling my dream of helping others with my products."
Stephanie Longstreet, inventor of Flip Bingo

"How to License Your Million Dollar Idea has a special place in my home library. Harvey takes you step-by-step from 'nothing but an idea' to getting a licensing deal."
Jess Kennedy Williams, inventor of the Lap Cat Bed

"Using Harvey's special step-by-step coaching, my new invention went from obscurity to global placement. And I did it all from home!"
M. AmyLee, inventor of SongPods

"Harvey's new book, How to License Your Million Dollar Idea, is a must-read for any new or experienced inventor."
Maureen Kalagian, inventor of the Accordikup

"How to License Your Million Dollar Idea was stolen from me at school, but not before Harvey's wise teachings gave me the inspiration to charge ahead with my new invention. I always thought I truly gifted that stranger that stole the book from me."
Kim Edomwonyi, inventor of Cheese Nachos Now


Inside This Book (Learn More)
Browse Sample Pages
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Customer Reviews

4 Reviews
5 star:
 (3)
4 star:
 (1)
3 star:    (0)
2 star:    (0)
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Average Customer Review
4.8 out of 5 stars (4 customer reviews)
 
 
 
 
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1 of 1 people found the following review helpful
5.0 out of 5 stars A Step by Step Guide For Turning You Ideas Into Income, April 11 2004
By 
Edward D. Miller (Saratoga, CA USA) - See all my reviews
(REAL NAME)   
Let me start by saying what this book is not. This book is not a detailed step by step guide to patenting. Nor a detailed legal guide to structuring a licensing agreement.

This book is a guide to help everyday people make money by designing and licensing nearly anything to companies looking for new or differentiated products. Mr. Reese offers up a clear and fresh perspective on the whole process from idea development to setting up meetings to contractual agreements. He covers how to patent & copyright, and guides you through when and how to contact an attorney.

Mr. Reese challenges the reader to become product developer, not an inventor. What this means is that if you can help companies make money and gain an edge on their competition, they will be more than happy to give you a percentage of the sales. There are lots of inventors that are good inventors but weak in the selling and licensing of their hard work. This book articulates what steps there are between an idea in your head and money in the bank.

This is by far the single greatest collection of practical wisdom I have found relating to everyday products and their licensing. My only complaint is that I wish I had discovered this book sooner.

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4.0 out of 5 stars mr. reese will have his cake and eat it too!, Feb 6 2004
By A Customer
i can recommend this book...if you're a person with an idea, this book may just help you move ahead instead of allowing your lack of knowledge about how to capitalize on your idea paralyze you...easy to read, and there are some very key ideas in the book

but i was disappointed in one regard: the premise of the book is that mr. reese will tell you how you can convert your idea into money in your pocket by licensing your idea...he says you can handle the licensing process yourself.....but then he identifies his website, where he basically says 'maybe you should leave the challenging licensing process up to a pro like me' and points out that his take for acting as your licensing agent is the first $50k/ year, plus 20% after that

so on the one hand, the pitch is 'buy my book, and i'll show you everything you need to know to license', and on the other it's 'actually, you might be better off to pay me to act as your licensing agent'..........

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5.0 out of 5 stars Packed with useful, 'You can do it!' information, Oct 7 2002
By 
"fleebs" (Clearfield, PA USA) - See all my reviews
This is an inspirational read about something that many people dream of, but feel is simply not something they could do. If you are someone who comes up with ideas, but has done nothing but wait for someone else to cash in on them. This is a book for you. You don't have to spend thousands to make and sell your invention, you can get someone else to spend it for you! They take the big risk and you get cut of the profits. Harvey Reese takes you from idea creation to the final deal, in a positive and informative way. Here is a guy who has licensed hundreds of his own products letting you know how you can do it too!
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