License First. Build Your Company Second.

Licensing first can be the strategy that helps you build your own company later. Many inventors see licensing and manufacturing as two separate paths. But for some entrepreneurs, licensing provides the revenue, experience, and industry relationships needed to eventually build a successful product business of their own. In this video, you'll learn: • How licensing can generate revenue before you invest in manufacturing • Why retaining certain rights can create future business opportunities • How licensing partners can provide valuable manufacturing knowledge and experience • What one inventor's journey can teach you about building a company through licensing In this session, Stephen Key and Andrew Krauss share the inspiring story of inventor Mohamed Ali, who licensed his iLock electrical safety technology around the world before building a manufacturing company that has developed more than 70 products and sold over 100 million units. His story shows that licensing doesn't have to be the destination — it can be the first step toward something even bigger. Sign up here to get weekly reminders with the Zoom link so you never miss The Licensing Playbook LIVE: https://inventright.com/licensingplay... Learn more about Gateway at https://inventright.com/gateway Don't forget to Like, Subscribe, and Share if this video helped you! inventRightTV is a free educational resource for product entrepreneurs building, patenting, and selling a new product who are now trying to license their product to help them grow and scale. Whether you're manufacturing, selling online, or exploring product licensing, this channel breaks down what actually happens when you try to grow a physical product. We cover topics like how to license a product, how to get companies to review your idea for licensing, whether to manufacture or license, and how to scale without taking on more operational burden. You’ll hear real stories about patents, manufacturing, licensing, and what it takes to get your product in front of companies that already have the capital, employees, and distribution to take it further than you can on your own. inventRight has helped thousands of inventors over 25 years in business. It was founded by inventors Stephen Key and Andrew Krauss. → inventRight Testimonials: https://inventright.com/testimonials → Products Licensed With inventRight Help: https://inventright.com/member-success ------------ inventRight, LLC. is not a law firm and does not provide legal, patent, trademark, or copyright advice. Please exercise caution when evaluating any information, including but not limited to business opportunities; links to news stories; links to services, products, or other websites. No endorsements are issued by inventRight, LLC., expressed or implied. Depiction of any trademarks/logos does not represent endorsement of inventRight, LLC., its services, or products by the trademark owner. All trademarks are registered trademarks of their respective companies. Reference on this video to any specific commercial products, process, service, manufacturer, company, or trademark does not constitute its endorsement or recommendation by inventRight, LLC. or its hosts. This video may contain links to external websites that are not provided or maintained by or in any way affiliated with inventRight, LLC. Please note that inventRight, LLC. does not guarantee the accuracy, relevance, timeliness, or completeness of any information on these external websites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.