The 12 Amazing Secrets of Millionaire Inventors: Simple, Smart Steps for Turning Your Brilliant Product Idea into a Money-Making Machine

Overview

What's your million-dollar idea?

If you have a great idea for a new product or service, don'tjust sit there letting someone else beat you to the punch! Pick upthis simple, practical guide and turn your million-dollar idea intoa real money-maker. In The 12 Amazing Secrets of MillionaireInventors, Harvey Reese, the creator of inflatable furniture, petantlers for Christmas, and more than 100 other licensed inventions,shows you how to make your ...

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Overview

What's your million-dollar idea?

If you have a great idea for a new product or service, don'tjust sit there letting someone else beat you to the punch! Pick upthis simple, practical guide and turn your million-dollar idea intoa real money-maker. In The 12 Amazing Secrets of MillionaireInventors, Harvey Reese, the creator of inflatable furniture, petantlers for Christmas, and more than 100 other licensed inventions,shows you how to make your creativity pay off big-time.

Reese explains all your options—including licensing youridea to another firm, selling it outright for a one-time fee,producing and marketing it yourself, or franchising it to otherentrepreneurs. Each option can make you money, but how do you knowwhich to choose? Reese provides a step-by-step process that helpsyou figure out how to make the most money based on what you want toachieve and the resources you have at hand. Plus, he provides atruckload of handy checklists, contracts, legal forms, patentoffice information, and other resources every new inventor needs.Don't wait—get started now with in-depth advice on:

  • The most common mistakes new inventors make
  • Protecting your idea through patents, trademarks, andcopyrights
  • Finding investors to bankroll your idea and your business
  • Creating a powerful presentation that willknock the socks offinvestors or licensees
  • Negotiating an agreement that pays youwhat your idea isworth
  • Setting up proprietorships, partnerships, and other corporatestructures

The 12 Amazing Secrets of Millionaire Inventors includeseverything you need to know to bring your million-dollar idea tolife—including case studies of successful inventors and thetips they learned along the way to wealth. With the right guidanceand the right idea, there's absolutely no reason you can't enjoythe same kind of riches.

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Product Details

  • ISBN-13: 9780470135495
  • Publisher: Wiley
  • Publication date: 8/31/2007
  • Edition number: 1
  • Pages: 272
  • Product dimensions: 6.32 (w) x 9.13 (h) x 1.04 (d)

Meet the Author

Harvey Reese is a product developer and noted licensing agent who has licensed more than 100 of his own products to industry, as well as the creations of other inventors whom he represents as their licensing agent. He's a regular contributor to Inventor's Digest, and his Web site, Money4ideas.com, is read every year by more than 100,000 inventors from around the world.

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Table of Contents

Preface.

1. The 12 amazing mistakes, bloopers, errors, wretchedmiscalculations, boners, goof-ups and simply stupid moves made bymany new inventors (not meaning you, of course).

2. Product licensing is a favorite path to richesfor   many inventors; is it the right one for you? Here'sall you need to know to make your choice, and here are the criticallicensing steps taken by other successful inventors.

3. Marketing your idea yourself might be the perfect decision -or maybe not. Here's everything you need to know about your idea,your goals and yourself to make the right choice.

4. Think someone might steal your idea? Here's everything youneed to know about patents, trademarks and copyrights (when youneed them and when you don't).

5. Getting and keeping everything that's coming to you. Allabout proprietorships, general partnerships, limited partnershipsand all the corporation structure options.

6. Need money? How much? Here's how to figure what you need,where to find it and how to get it. All about working with angels,bankers, lenders, investors and your rich Uncle Louie.

7. How to create the kind of powerful presentation material foryour new product idea or invention that'll knock the socks off ofwhomever you present it to.

8. It's show time! Lights! Action! How to get you and your greatproduct idea in front of the right person at the right company whocan make your dreams come true.

9. Meeting with the manufacturer, licensee, or investor. What todo and what to say to make your talents and hard work pay off (It'seasier than you think!).

10. Reaping the harvest. Use my own battle-tested licensingagreement to bring you all the rewards that your talents and hardwork deserve.

11. Meet our panel of successful Inventors.

Appendix A. Contracts and Licensing Agreements forInventors.

Appendix B. U.S. Patent and Trademark Office ApplicationForms.

Appendix C. Resources for Inventors.

Index.

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