Every inventor can achieve success with our approach to licensing, whether you're 82 or 12, like Tharon Trujillo. Well, he did have some help from his parents...but don't let that fool you. Tharon was a huge part of his success!
Do you see what they did? They applied the From Patent to Profit approach by partnering instead of negotiating. We introduced the partnering approach around 1995. Tharon and his parents attended one of our From Patent to Profit seminars just a couple of years ago and...the rest is history.
Our approach to licensing has produced billions in sales.
It is really funny to see others try to talk about partnering since we are the authentic inventors some years ago. They're all copycats. Even invention companies incorporate our partnering terminology into their websites and literature to try to make themselves look good. It's pathetic. It shows how original they are. They're all words and no show.
Besides no one - and we mean no one - knows or applies our inside trade secrets to licensing. No one. We've been advised not to reveal them concisely, to protect them, but rest assured they pervade everything we do.
Strategy first
After doing your research and a SWOT analysis, you need to decide whether an exclusive or non-exclusive approach is best. If it's exclusive, what are the terms and conditions? Some key points are:
- How long will it be exclusive?
- What are the performance guarantees?
- What costs will you bear?
- What competitive response will exclusivity cause?
Our partnering approach explains other ways to make deals. For example, would you lower the royalty rate if the licensee paid your associated costs? What if the licensee is willing to defend the patents against infringement?
We've got all the answers for you! After all we invented partnering.
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Turn your 1st license into a lifetime of profit & opportunity Zero-in on a sound invention development strategy, such as strong patent protection. Without it, there's probably little to license. Next, in addition to licensing patent rights, make sure...(more) |
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The most important words you can say to prospective licensees The way we look at, there are powerful advantages for licensees to work with independent inventors. We know how to convey that message, what to say. For example...(more) |
A few From Patent to Profit sponsors and endorsers |
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