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David Fedewa

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Invention Licensing with David FedewaInvention Licensing with David FedewaWhy Do Some Licensing Deals Fall Through After a Contract Is SignedšŸ‘‡ SUBSCRIBE TO DAVIDā€™S YOUTUBE CHANNEL NOW šŸ‘‡ https://www.youtube.com/InventionLice... Check out these Top Trending Playlists - 1.) Royalties through Inventions - https://www.youtube.com/playlist?list... 2.) $1,300,000 Royalty Mistake - https://youtu.be/9Tbwdaa4mlk 3.) Invention Help : FAQs - https://www.youtube.com/playlist?list... ā˜…ā˜†ā˜… CONNECT WITH DAVID ON SOCIAL MEDIA ā˜…ā˜†ā˜… YouTube: https://www.youtube.com/c/InventionLi... David Fedewa Blog: https://www.inventtribe.com/blog David Fedewa Coaching Pack...2022-08-3003 minInvention Licensing with David FedewaInvention Licensing with David Fedewa76. What Could I Tell A Company To License My Product Instead Of Manufacture It?2022-08-2301 minInvention Licensing with David FedewaInvention Licensing with David FedewaShould I re-do my PPA or re-submitšŸ‘‡ SUBSCRIBE TO DAVIDā€™S YOUTUBE CHANNEL NOW šŸ‘‡ https://www.youtube.com/InventionLice... Check out these Top Trending Playlists - 1.) Royalties through Inventions - https://www.youtube.com/playlist?list... 2.) $1,300,000 Royalty Mistake - https://youtu.be/9Tbwdaa4mlk 3.) Invention Help : FAQs - https://www.youtube.com/playlist?list... ā˜…ā˜†ā˜… CONNECT WITH DAVID ON SOCIAL MEDIA ā˜…ā˜†ā˜… YouTube: https://www.youtube.com/c/InventionLi... David Fedewa Blog: https://www.inventtribe.com/blog David Fedewa Coaching Pack...2022-08-1601 minInvention Licensing with David FedewaInvention Licensing with David FedewaWhat Products Sells MillionsšŸ‘‡ SUBSCRIBE TO DAVIDā€™S YOUTUBE CHANNEL NOW šŸ‘‡ https://www.youtube.com/InventionLice... Please understand that by watching Davidā€™s videos or enrolling in his programs does not mean youā€™ll get results close to what heā€™s been able to do (or do anything for that matter). Heā€™s been in business for 12 years and his results are not typical. Most people who watched his videos or enroll in his programs get the ā€œhow-to'sā€ but never take action with the information. Dave is only sharing what has worked for...2022-08-0903 minInvention Licensing with David FedewaInvention Licensing with David FedewaHow Have You Gotten Back After Getting DiscouragedCheck out these Top Trending Playlists - 1.) Royalties through Inventions - https://www.youtube.com/playlist?list... 2.) $1,300,000 Royalty Mistake - https://youtu.be/9Tbwdaa4mlk 3.) Invention Help : FAQs - https://www.youtube.com/playlist?list... ā˜…ā˜†ā˜… CONNECT WITH DAVID ON SOCIAL MEDIA ā˜…ā˜†ā˜… YouTube: https://www.youtube.com/c/InventionLi... David Fedewa Blog: https://www.inventtribe.com/blog David Fedewa Coaching Packages: https://www.inventtribe.com/packages Facebook: https://www.facebook.com/InventTribe/ Instagram: https://www.instagram.com/inventtribe/ Linkedin...2022-08-0204 minInvention Licensing with David FedewaInvention Licensing with David FedewaWhat Is A Realistic ExpectationWhat is a realistic expectation? I have been trying to license two different ideas for 2 years as far as getting a licensing deal. Be sure to join us on our next live Q&A with Invent Tribe students. Check out my Inventors Toolbox at https://www.inventtribe.com/inventort... All the tools, hacks, and so much more to aid you in your Inventing journey. Delivered straight to your inbox. šŸ‘‡ SUBSCRIBE TO DAVIDā€™S YOUTUBE CHANNEL NOW šŸ‘‡ https://www.youtube.com/InventionLice... Check ou...2022-07-2603 minInvention Licensing with David FedewaInvention Licensing with David FedewaHow Important Are Trade Shows?I believe you have to be a little careful with who you're showing, what you're showing, and where your protection is. I love trade shows, but they have to be at the right time in an inventor's journey through the process. Today, let me share with you how important trade shows are, to get your product out. PS. Are you ready to take the fast lane to earn a full-time income from your inventions? Sign up to schedule a personalized, 1-on-1 Inventor Strategy Session with one of our Licensing Experts. 2022-07-1902 minInvention Licensing with David FedewaInvention Licensing with David FedewaHow Do You Get Started in Licensing Your Product?How do you get started in licensing your products? It's not an overnight thing, not a get-rich, quick lottery ticket by any means. You still have to put the legwork in it. Let me share with you today the first thing that you need to do to get started in licensing your products before you go any further especially spending any money whatsoever. PS. Are you ready to take the fast lane to earn a full-time income from your inventions? Sign up to schedule a personalized, 1-on-1 Inventor Strategy Session with one of...2022-07-1202 minInvention Licensing with David FedewaInvention Licensing with David FedewaThe PitchIt is one of the most important aspects of getting your product licensed. And if you do not know or focus or concentrate a lot of your effort on this step, you will not be successful in this business. If you had 100 hours or 100-time blocks of the process of inventing - from inventing to signing a licensing agreement, then 80% of those blocks are going to be taken up in this single step. So in today's episode, I'll share how you can move through that licensing process without trying to lose any gas...2022-07-0504 minInvention Licensing with David FedewaInvention Licensing with David FedewaHappinessI feel this is a very interesting topic because, through the process of getting my product license, I wasn't very happy. And the reason being was that I always had this expectation on myself; to be a successful inventor, be hardworking and do all these things. I was actually quite unsatisfied with myself, which made the process extremely tough because when you're dissatisfied with yourself and your performance, you view every day as a failure. So today, I'll explain why you should focus on doing rather than being. As a result, it will change your...2022-06-2807 minInvention Licensing with David FedewaInvention Licensing with David FedewaDennis Carter, Invent Tribe TestimonialA lot of people see the result, but they don't get to hear the difficulties and the stumbling blocks. Watch Dennis Carter as he shares his awesome journey towards licensing. He is one of the Invent Tribe students who had his automotive product licensed and got a couple of patents on it. Are you ready to start your Inventor journey and license your first invention? We will teach you everything you need to know about licensing your idea and selling it to potential licensees! Book a call with our Product Licensing...2022-06-2124 minInvention Licensing with David FedewaInvention Licensing with David FedewaWhy Improvement Clause is Important to a Potential LicenseeThe improvements clause is very important to me or a potential licensee. This is because product improvements and design changes all come about, and they usually happen throughout the process. A company, if they make improvements, they want rights to it. Or if an inventor, makes an improvement on the product, the inventor doesn't want to get improvement out of the deal. So, what are the ways to handle this? In today's episode, I'll share ways in finding the middle ground that works for both parties on the improvements clauses, how they work, and how...2022-06-1405 minInvention Licensing with David FedewaInvention Licensing with David FedewaMinimums and how to get them into contractsA minimum in a licensing contract is very important but completely misunderstood by both parties. Some companies don't want minimums. They don't want to commit money and then be held to a minimum after they've made all the investments. And so you need to approach it correctly and understand how minimums actually work. And this is something I'm trying to teach the entire industry because even the licensees and licensors don't necessarily understand how mechanically a minimum guarantee works. Today, we're going to go over minimums and how to...2021-09-0306 minInvention Licensing with David FedewaInvention Licensing with David FedewaNet sales definition and royalty ratesAs I said in the first video, everybody flips through the contract and makes sure that there's a 7% royalty or whatever it is that they're looking for. And they say, that's great, but it's not, because the net sales definition actually has a bigger impact on your royalty rate or the actual money you make. You can have a 25% royalty rate, but your net sales definition can take out all of that profit and leave you with $0. And so you need to make sure that you know and understand how the definition of that...2021-09-0108 minInvention Licensing with David FedewaInvention Licensing with David FedewaMini-series on the must-haves in licensing contractsMost inventors, when they get their licensing contract would flip through every page to find the royalty agreement or the royalty rate. In reality, that's something that I did personally. I would flip through and when I saw that 5% or 7% and I was like, all right, I'm good to go. But now that I've been in the business so long, I've helped vendors sign over 170 licensing deals, I've seen a lot of contracts and I've helped people negotiate these deals, I would look at the contract differently. 2021-08-3008 minInvention Licensing with David FedewaInvention Licensing with David FedewaWhen to use an NDA for licensing your inventionSigning up for NDA is something that you need to speak to your lawyer and get legal advice on because everything is so circumstantial on products, categories, and innovations. Right now, a lot of inventors believe that they want to get NDA signed before they present their product. Such belief is also recommended by a lot of attorneys, but companies don't want to necessarily sign an NDA before they even see the product. So in today's episode, I'm giving you my general rule on how I use NDAs when...2021-08-2703 minInvention Licensing with David FedewaInvention Licensing with David FedewaThe first step you take when you invented a productA lot of inventors jump right to either prototyping or patenting. People love to start the process of bringing their inventions to the market without the foundation of knowledge and understanding the marketplace. That's when they start wasting money and time on a project that won't necessarily go anywhere when they get to that point of pitching to companies. I have ample examples of why you shouldn't do such, and a couple of them are my own. It took me three times to learn that lesson. And that is...2021-08-2605 minInvention Licensing with David FedewaInvention Licensing with David FedewaThe Pluses And Minuses Of Seasonal ProductsSeasonal products are great stuff and they are fun. I have helped a lot of students sign licensing deals with seasonal products such as Christmas or summer products. They're not necessarily evergreen products, so they don't last 10 years on the shelf, but, you can get more hits than just, one or two in other categories where there's less volume licensed. Today, we're going to talk about the pluses and minuses of seasonal products, if that's the path that you want to do. P.S. Getting to the point of making money off your...2021-08-1804 minInvention Licensing with David FedewaInvention Licensing with David FedewaOne Thing You Should Do Before Calling CompaniesWhen I got started in this business, I'm like everybody. I didn't have any pre-existing knowledge. I was a dishwasher, waited tables at restaurants, and so I didn't have this big bank of experience of doing anything. And so one of the things I did is, when I wanted to call companies, I started playing conversations through my mind; on my way to work, on my way back from work, or in the shower. Whenever I was, I play through these conversations in my head. And when I started...2021-08-1606 minInvention Licensing with David FedewaInvention Licensing with David FedewaThe 80/20 Pareto Principle In LicensingHave you ever heard of the Pareto principle or the 80/20 rule? The Pareto principle states that 20% of your actions produce 80% of your results, and 80% of your reactions produce 20% of your results. So what's the meaning of that? The principle is that there are few things that you do that produce results. And the majority of people are doing 80% of the things that produce the lesser of the results. Today, I will be talking about Pareto's Principle of Licensing and the two best things that I focus on in getting your product...2021-08-1305 minInvention Licensing with David FedewaInvention Licensing with David FedewaHow A $1000/month In Royalties Can Change Your Life?When I got started in the business, I had this big lofty goal. The first year, I want to make $400,000 a year. Right, it's awesome! But every day I kept failing because I wasn't at my goal and it was very discouraging in the business. And so I started to approach it a little bit differently. So in today's episode, I'll share one of the secrets I use to help me stay motivated and focused on getting to my goal. It changes everything, that you don't feel so strained every month, you get...2021-08-1103 minInvention Licensing with David FedewaInvention Licensing with David FedewaStart 3 years from now and work backwardsOne of the first things I ask my students when they become part of Invent Tribe is - what do you want your life to look like in 3 years? The reason I always ask this it's because I want to make sure that their decisions today align with their future goals. If they don't, then they're setting up their selves on the wrong path to get started. Today, I will be talking about starting 3 years out and getting back today to make decisions. Go get a pen and paper, sit back, and watch this video.2021-08-0905 minInvention Licensing with David FedewaInvention Licensing with David FedewaPatent Your Invention From A Business PerspectiveFrom a business perspective, filing patents through an attorney can be difficult because it can get really expensive and can take a lot of time. So if you spend your product development time on doing the patent process, you will have no time on getting your product sold and licensed to a potential licensee that can take your product to market and start monetizing it. However, protection and patenting is also an important part of the process. So which of them should be your priority? Find out in today's episode as I share...2021-08-0606 minInvention Licensing with David FedewaInvention Licensing with David FedewaHow To Close Multiple Product DealsNot falling off your climb to success is not something people think about when starting their journey. That is because they don't think about the fact that they could fall off. We're always projecting forward in our minds on how success is going to show up. We project that this is how it's going to be. But the fact is, it's not always gonna be like that. Chances are if it does not happen according to our expectations, we easily get frustrated and feel stuck in our minds. So in today's episode, I'll...2021-08-0404 minInvention Licensing with David FedewaInvention Licensing with David FedewaTop 3 Worst Categories For LicensingToday's episode is about the top 3 WORST categories to try to license your product. I'll give you a hint. The last category can get a little weird. So if you want to know what these WORST categories that you need to get rid off, then go watch today's video! P.S. Getting to the point of making money off your invention is hard. Thatā€™s why Iā€™m hosting a very special webinar for you on how to get through all of this. At the end of just 1 hour, youā€™...2021-08-0207 minInvention Licensing with David FedewaInvention Licensing with David FedewaTop 5 Categories That Get Licensed InToday's episode is about the top 5 categories of products that get licensed the most. These categories are the spaces that I see most deals happen. However, a lot of times here's where the most competition happens. So it's not necessarily the best place for you to go to. But it's a place where a lot of deals happen and a lot of inventors get started on these spaces. If you are curious about what these categories are, go watch today's episode and start getting your products licensed! P.S. Getting to the point...2021-07-3006 minInvention Licensing with David FedewaInvention Licensing with David FedewaHow Not To Fall Off Your Climb To SuccessNot falling off your climb to success is not something people think about when starting their journey. That is because they don't think about the fact that they could fall off. We're always projecting forward in our minds on how success is going to show up. We project that this is how it's going to be. But the fact is, it's not always gonna be like that. Chances are if it does not happen according to our expectations, we easily get frustrated and feel stuck in our minds. So in today's episode, I'll...2021-07-2805 minInvention Licensing with David FedewaInvention Licensing with David FedewaInvention Licensing is the New R&D DepartmentBack in 2008, the market crashed that was caused by the great recession. As the economy slowed down and things got difficult, companies had to get rid of the extra in their company, so one of the first things that went is R&D departments. The reason being is they looked at it and said, "we don't need any new products because things are slowing down. We're not selling as many, we're not selling new products." So how did invention licensing turned out to be the new R&D department? I think you already have an...2021-07-2604 minInvention Licensing with David FedewaInvention Licensing with David FedewaNuts and Bolts or Head and HeartIn this podcast, let's jump right into the nuts and bolts on getting your product licensed. To get things done, you've got to have the confidence, get yourself motivated, and actually do it! However, there are a lot of inventors who come in with this motivation, but when they sit down to actually do stuff, they don't know exactly what to do. So what's next? You have to establish your knowledge base on the nuts and bolts, then the head and heart will eventually align with execution and move forward. If you want...2021-07-2603 minInvention Licensing with David FedewaInvention Licensing with David FedewaHow Many No's Before Dropping a ProjectThere is this one question that I get quite often. It has to do with knowing how many "NO" does it take to drop a product. In this industry, we are taught to have perseverance and always push through every obstacle until we get to license our product. But it's not always the case. As an inventor, there's nothing wrong with working hard. BUT if it does not add value to your project anymore, something needs to be done. Want to know how many NO's do you need to finally give up on...2021-06-2807 minInvention Licensing with David FedewaInvention Licensing with David FedewaHow to get into companies to licenseGetting to the right company is an important part of the licensing process. In today's episode I will share to you 3 different levels of companies that will get you to license your product and which level gets you more results. I will also give you practical tips you can apply right after watching this video. So if you want to learn more about these, go check out today's episode! P.S. Check out my Inventors Toolbox at https://inventtribe.com/inventortoolboxā€‹ All the tools, hacks, and so much more to aid you in yo...2021-06-2106 minInvention Licensing with David FedewaInvention Licensing with David FedewaNot 'If' But 'When'...Change your MindsetOne of my favorite mindset focuses is not "If", but "When." It's such a game changer for people in terms of getting your head right and your goals into reality! But how can you transform your "inner dialogue" to your benefit?" Discover now as I share to you how I did it, in today's episode! ATTENTION INVENTORS ā€¼ļø Get your next invention licensing breakthrough with Inventor Toolbox. This is the newest box of tricks in the Invent Tribe arsenal and weā€™re giving this to you for FREE t...2021-06-1403 minInvention Licensing with David FedewaInvention Licensing with David FedewaShaking Hands With PresidentsWhen I talk about shaking hands with presidents, what I'm talking about is trade shows. But would you believe that going to these kind of events is not the only way? What I'm trying to say is that there is another way. Know the step by step of events, that if you do these things, you'll get in front of the right people. Go watch this episode now! P.S. Check out the Royalty Machine mini-training course to get you started on your journey to getting your product licensed and on the market...2021-06-0704 minInvention Licensing with David FedewaInvention Licensing with David FedewaThe Terrible Advice I Never FollowedIf there's one tricky part in this whole invention journey, it's knowing which advice to take. I guarantee you 100%, there will be terrible advices that you will get that you should NOT follow. But the question is, which is which? In order to be successful in every step of your invention journey, you have to learn how to decipher what's going to be good and bad for you. ... and that's what I am going to share in today's episode. ATTENTION INVENTORS ā€¼ļø Get your next inve...2021-05-3107 minInvention Licensing with David FedewaInvention Licensing with David FedewaYour Brain Is Limited Get OrganizedEverybody thinks that our brain is unlimited. In a way it is, especially when it comes to generating new ideas. However, it has its own limiting factors too, and that's storing information. If you want to be a prolific inventor, having creative and brilliant ideas are not enough. You have to learn how to be organized. And that's what I am going to talk about today. Watch the video as I share to you the systematic approach that worked for me and for sure, with you too! P.S. Check out the Royalty...2021-05-2405 minInvention Licensing with David FedewaInvention Licensing with David FedewaDesire vs Compulsion2021-05-1704 minInvention Licensing with David FedewaInvention Licensing with David FedewaIncremental GoalsIn todays episode, I will teach you how you can turn your huge lofty goals in invention, into a dream come true. Find out now on this video! ATTENTION INVENTORS ā€¼ļø Get your next invention licensing breakthrough with Inventor Toolbox. This is the newest box of tricks in the Invent Tribe arsenal and weā€™re giving this to you for FREE today. Download your copy at https://www.inventtribe.com/inventort...ā€‹ šŸ‘‡ SUBSCRIBE TO DAVIDā€™S YOUTUBE CHANNEL NOW šŸ‘‡ https://www.youtube.com/InventionLice...ā€‹ Check out these Top Tren...2021-05-1007 minInvention Licensing with David FedewaInvention Licensing with David FedewaThe Roller Coaster of Emotions For Effective InventorsTo get through the process of achieving our ultimate goal, as inventors, emotional turmoil is truly inevitable. This is caused by the crazy ups and downs that we take as we start inventing our product, creating a prototype with a thought of whether it's gonna work or not, and considering the amount of money and time you've already invested. It's just too much to handle, right? In today's episode, I will be teaching you how got over these contemplations, so don't miss it. Watch it now! ATTENTION INVENTORS ā€¼ļø Get your next inve...2021-05-0306 minInvention Licensing with David FedewaInvention Licensing with David FedewaTop 5 Books That Changed My LifeToday, I will be sharing to you not just 5, but 6 of my Favorite books! I will also do a quick breakdown on how it impacted my life and what was my major takeaways. If you wanna know more, watch this video now! ATTENTION INVENTORS ā€¼ļø Get your next invention licensing breakthrough with Inventor Toolbox. This is the newest box of tricks in the Invent Tribe arsenal and weā€™re giving this to you for FREE today. Download your copy at https://www.inventtribe.com/inventort...ā€‹ šŸ‘‡ SUBSCRIBE TO DAVIDā€™S YOUTUBE CHANNEL NOW šŸ‘‡...2021-04-2113 minInvention Licensing with David FedewaInvention Licensing with David FedewaThe Power Of BooksReading can absolutely change your life! For the past couple of years up until now, I have always been a big advocate of reading. In fact I read about a book a week. But what fascinates me the most, is the part wherein you can read through somebody's lifetime experience, knowing the most impactful parts of it, growing out of financial pitfalls, all the way to financial freedom, building businesses, bringing inventions to market and many more. Join me in today's episode about the Power of Books, and discover how it changed my life! 2021-04-0806 minInvention Licensing with David FedewaInvention Licensing with David FedewaRunning From CheerleaderIn invention licensing or pretty much in any journey, there will always be people around you that can either be the Debbie downers or your cheerleaders. They have their purpose, but at the same time, you need to turn them off. So who are these people in your life? I bet you wouldn't believe me if I will say that these people that I was talking about are actually your family and relationships. Find out in this video why! ATTENTION INVENTORS ā€¼ļø Get your next invention licensing breakthrough with Inventor Toolbox. This is the newe...2021-04-0106 minInvention Licensing with David FedewaInvention Licensing with David FedewaTomorrow Doesn't ExistTomorrow never shows up. Yes you read it right. It's a sad reality that this "I'll do it tomorrow" kind of thinking eventually turns into a week, then month, and the next thing you know, you're a year older and still on the same place. However, this "thought pattern" also motivated me to try to understand and see beyond the process, so I can accomplish and get things done. Wanna know how I did it? Watch this episode now! ATTENTION INVENTORS ā€¼ļø Get your next invention licensing breakthrough with Inventor Toolbox. This is t...2021-03-2504 minInvention Licensing with David FedewaInvention Licensing with David FedewaDeals happen in Evolution not RevolutionIn our episode today, I will be talking about Evolutionary Products Vs Revolutionary Products. As I was observing in the marketplace, I have seen how things are done and which products get the most deals. If you want to know which products sell the most, join me in this video now! ATTENTION INVENTORS ā€¼ļø Get your next invention licensing breakthrough with Inventor Toolbox. This is the newest box of tricks in the Invent Tribe arsenal and weā€™re giving this to you for FREE today. Download your copy at https...2021-03-1804 minInvention Licensing with David FedewaInvention Licensing with David FedewaWhen to Run Around And Scream Like A GirlIn this video, you will discover when interest occurs, when you can start moving forward on your project and start to do the interest protocol, and what to do when you actually get interest. ATTENTION INVENTORS ā€¼ļø Get your next invention licensing breakthrough with Inventor Toolbox. This is the newest box of tricks in the Invent Tribe arsenal and weā€™re giving this to you for FREE today. Download your copy at https://www.inventtribe.com/inventort...ā€‹ šŸ‘‡ SUBSCRIBE TO DAVIDā€™S YOUTUBE CHANNEL NOW šŸ‘‡ https://ww...2021-03-1104 minInvention Licensing with David FedewaInvention Licensing with David FedewaHow To Build Your Royalty MachineIn invention licensing world, when we hear the word "Royalty," the whole idea of it instantly fascinates us. Who does not, right? Talking about getting your inventions licensed, passive income and other cool stuff. However, it's not as simple as having an idea, putting it to the market and having a royalty tag. If we are to break it down, there are certain skills that are needed to develop a "Royalty Machine." And not just that, I'm also talking about creating multiple sources, not just one invention licensed. If you wanna know how I did...2021-03-0408 minInvention Licensing with David FedewaInvention Licensing with David Fedewa5000 SheepAs I think of business and scaling, there's this parable that always comes to my mind. It's about the 5,000 Sheeps.Ā  Moving forward with your licensing innovation is like wanting to have 5,000 sheeps but you don't just go buy 5,000 of it because you're going to be at a loss. Thus, there are also many things and different processes to consider.Ā  Now the question is, how can you advance with your venture without burying yourself with all the "sheep poop" and the "feeding." Find out now in this video!Ā  ATTENTION INVENTORS ā€¼ļøĀ ...2021-02-2506 minInvention Licensing with David FedewaInvention Licensing with David FedewaCaveman to Facebook - how do you communicateInvention licensing world has evolved drastically and so is companiesā€™ communication with us.Ā  As inventors, we need to learn how to cope up with these changes by knowing individual communication style so you can be on the same wavelength with your potential licensees.Ā  There are ways to do that and thatā€™s what I want to teach you in this video! ATTENTION INVENTORS ā€¼ļø Get your next invention licensing breakthrough with Inventor Toolbox.Ā This is the newest box of tricks in the Invent Tribe arsenal and weā€™re giving this to you f...2021-02-2005 minInvention Licensing with David FedewaInvention Licensing with David FedewaTo Slay The Beast Of Action2021-01-0705 minInvention Licensing with David FedewaInvention Licensing with David FedewaDifference Between Uncle Wobbes And Me2020-12-3107 minInvention Licensing with David FedewaInvention Licensing with David FedewaThe Golden Ticket Only The Pros Know2020-12-2407 minInvention Licensing with David FedewaInvention Licensing with David Fedewa#1 Mistake Inventors Make When Bringing Their Product In To The Market2020-12-1706 minInvention Licensing with David FedewaInvention Licensing with David FedewaThe Thing I Wish I Knew When I Started2020-12-1006 minInvention Licensing with David FedewaInvention Licensing with David FedewaSecret Steps To Closing Your First Deal2020-12-0307 minInvention Licensing with David FedewaInvention Licensing with David FedewaHow To Come Up With Your Inventions2020-11-2605 minInvention Licensing with David FedewaInvention Licensing with David FedewaHow to close a deal without patent2020-11-1906 minInvention Licensing with David FedewaInvention Licensing with David FedewaHow To Make Money With Your Invention2020-09-0406 minInvention Licensing with David FedewaInvention Licensing with David FedewaHow To License Your Invention2020-08-2809 minInvention Licensing with David FedewaInvention Licensing with David FedewaHow To Patent Your Product2020-08-2110 minInvention Licensing with David FedewaInvention Licensing with David FedewaHow To Invent2020-08-1406 minInvention Licensing with David FedewaInvention Licensing with David Fedewa$100K Napkin Scripts2020-08-0703 minInvention Licensing with David FedewaInvention Licensing with David Fedewa2020 Passive Income Ideas2020-07-3105 minInvention Licensing with David FedewaInvention Licensing with David FedewaThe Challenge That Changed My LifeToday, Iā€™m challenging you to say what is your stretch goal and write it down. Don't say, I'm going to call people tomorrow is my goal. Say I'm going to call three people on whatever tomorrow's date is. Say the number of people you'll call and then do that every day and you will stretch yourself. And eventually, once you follow through with your process, you will see results and the results that you are looking for. If you want to know more about licensing, here is a link to a free training.Ā Register today - htt...2020-07-2410 minInvention Licensing with David FedewaInvention Licensing with David FedewaApple Seeds To SuccessEverybody always asks the seed to produce fruit without going through the process of growing their roots, growing their stem and getting their branches. And so once you go through all those processes and you're prepared to receive fruit, that's when you can start to ask yourself or set up goals that say, all right, I'd like to license this product now.Ā  I have all the things in place, I have the knowledge, I have the understanding where I can, you know, take a product through the process, get it in front ofĀ  potential licensees an...2020-07-1707 minInvention Licensing with David FedewaInvention Licensing with David FedewaWhy The Boogieman Shows Up When You Start Pitching Your Idea?You can go out and get yourself a sheet made, you can go out and get a patent and you can do all these things and build a prototype.Ā But that phone call is the first opportunity that somebody that is a professional within the business can tell you your idea is not good. And that's why the boogeyman shows up when the phone calls start to happen. And so I wanted to jump into how do you expel that boogeyman, how do you get them out of your world? And it was something that I had t...2020-07-1007 minInvention Licensing with David FedewaInvention Licensing with David FedewaHow To Start Today!A lot of the times people get stuck in this analysis paralysis.Ā And they're focusing on 'what do I do?'Ā And that's not the real problem. It's not what do you do.Ā Because when you start doing, then things start to unfold.Ā And you start to learn and understand and you won't know everything when you start. That's the key.Ā That's this jump that people want to make.Ā They want to know everything before they jump.Ā You can't, you gotta build your wings on the way down. If you want to know more about licensing, here is a li...2020-07-0305 minInvention Licensing with David FedewaInvention Licensing with David FedewaSusan's SuccessIf I get one company interest, I'm going to get multiple companies interested cause it's not always the case because they express interest that they're going to sign a deal and start paying royalties.Ā So as an inventor make sure that once you get interests from one,Ā you go and get interest from more and start to move down the tracks or move through the process of getting your product license as Susan did.Ā So that when a company falls off, you have your other options. You're not just left dead in the water.Ā  If you want to k...2020-06-2605 minInvention Licensing with David FedewaInvention Licensing with David FedewaSuper Power Of Deal ClosersI get the opportunity to see those that successfully close deals and those that don't.Ā There is a difference between the actions that those that successfully close those deals and those that don't and that's what I found so fascinating and that's the superpower I want to share with you today and that superpower is "questions".Ā It's questions because questions focus your potential licensee on the right things. If you want to know more about licensing, here is a link to a free training.Ā Register today - https://www.inventtribe.com/pl/183365 Subscribe & Review in...2020-06-1906 minInvention Licensing with David FedewaInvention Licensing with David FedewaSales Videowww.inventtribe.com2020-04-3001 minInvention Licensing with David FedewaInvention Licensing with David FedewaHow to Pick Between Multiple Licensing Deals!I have got multiple offers on my inventions...my students have got multiple offer. It's a lot of fun but scary at the same time. I have strategies that I use and coach my students to use to strike the best deal possible when faced with multiple offers! 2020-01-1807 minInvention Licensing with David FedewaInvention Licensing with David FedewaNothing Like Your Invention...Drop ItI have tons of inventors come to me with their inventions saying "there's nothing like it!!!" I say "then DROP IT" I explain in this episode why thats the case and how to understand your product better to get it licensed. 2020-01-1804 minInvention Licensing with David FedewaInvention Licensing with David FedewaNew Secret Market Inventors are Licensing Their Products InThere is a new emerging market for licensing your inventions and it a place everyone know but barely any inventor is pursuing a deal there. I have seen three recent deals close all over 15% royalty. If you are looking to license your product its a must listen to episode. 2020-01-1805 minInvention Licensing with David FedewaInvention Licensing with David FedewaNo Prototype No ProblemEvery inventor wants to start their journey with building a prototype or filing a patent. If you want to licensing your product and start getting royalties it not the first step and sometimes its not even a step that you need to take. I walk you thought the process of how you can license your product without an expensive prototype. 2020-01-1806 minInvention Licensing with David FedewaInvention Licensing with David Fedewa$1,300,000 Royalty MistakeWhile coaching students through multi-million dollar deal the key to closing a great deal is precision. Making minor mistakes in huge deals are compounded and reflected within your royalty statement. Make sure this mistake doesn't happen to you! In this episode I walk you though a mistake one of my students almost made while negotiating a 7 figure a year deal. 2020-01-1708 minInvention Licensing with David FedewaInvention Licensing with David FedewaTHE 10 DAY DEAL!THE 10 DAY Deal! it was so much fun closing this deal and I want to tell you all about it. I went from "AHHA idea" on a Sunday to closing the deal the following TUESDAY! It takes time, persistence, and hard work to get to a point where you can pull off a 10 Day deal but it can be done. 2020-01-1706 minInvention Licensing with David FedewaInvention Licensing with David FedewaHow to License to Walmart, Target and Bed Bath and BeyondHow to License to Walmart, Target and Bed Bath and Beyond. How to leverage the distribution channel of existing companies to get your products out there. I have coached over 100+ people through Invention licensing deal negotiation. Those that understand the distribution channels of companies are the ones that make the most money. Links https://www.inventtribe.com/ https://www.facebook.com/Invent-Tribe-Community-738613743208498 https://www.instagram.com/inventtribe/2020-01-1704 minInvention Licensing with David FedewaInvention Licensing with David Fedewa5 Figure Signing Bonus!How I have got two, 5 figure signing bonuses and how I have coached my students to do the same. I have coached many people how to get their very own signing bonus and I wanted to show you exactly how you can get it incorporated into your deal. Links https://www.inventtribe.com/ https://www.facebook.com/Invent-Tribe-Community-738613743208498 https://www.instagram.com/inventtribe/2020-01-1709 minInvention Licensing with David FedewaInvention Licensing with David FedewaNo Patent No ProblemNo Patent No Problem! How I got 5 licensing deals without a granted Patent and how I teach all of my students how to close deals without a patent. I have coached over 100+ people through Invention licensing deal negotiation. Patents don't stop deals, if the company wants the invention in their product line they will figure out how to move forward. They are happy and excited to have to opportunity to make money and get your product on the shelf. Links https://www.inventtribe.com/ https://www.facebook.com/Invent-Tribe-Community-738613743208498 https://www...2020-01-1705 minInvention Licensing with David FedewaInvention Licensing with David FedewaHow to get your HIGHEST possible Royalty!David has coached over 100+ inventors through the negotiation process and knows what to say to get your highest possible royalty rate! Listen in to his coaching tips so when you get in your deal you know how to get the highest possible royalty rate. 2020-01-1007 minBusiness RapBusiness RapUnderstanding Intellectual Property; Copyright, Trademarks and Patentsā€œIntellectual property is the area of law that deals with protecting the rights of those who create original works,ā€ according to AllLaw.com. If you created something truly unique and want to learn how to protect your invention, this is the show for you. Experts; David Fedewa, Inventor and Product Licensing Specialist, Joe Johnson, CEO of Vade Nutrition, and Mikhail Murshak, Intellectual Property Attorney at Loomis Law will help you understand what type of protection you need and how to secure it.2017-08-1655 minThe Side Hustle ShowThe Side Hustle Show239: How to Cultivate Creativity Like an InventorYou can be a creator or a consumer, but itā€™s the creators that get paid. Iā€™ve argued before that creativity is the most important skill for entrepreneurs because before you can sell anything, you have to create that value proposition. But what if youā€™re not creative? I believe we all have that innate creative spirit in us somewhere, itā€™s just a matter of flexing that creative muscle. In this episode, I talk with Carol "Stash" Stanley of StashSports.com, and David Fedewa who is an inventor mentor at InventRight.com. Note: Click here to download David an...2017-07-2030 minThe Side Hustle ShowThe Side Hustle Show239: How to Cultivate Creativity Like an InventorYou can be a creator or a consumer, but itā€™s the creators that get paid.Iā€™ve argued before that creativity is the most important skill for entrepreneurs because before you can sell anything, you have to create that value proposition.But what if youā€™re not creative?I believe we all have that innate creative spirit in us somewhere, itā€™s just a matter of flexing that creative muscle.In this episode, I talk with Carol "Stash" Stanley of StashSports.com, and David Fedewa who is an inventor mentor at Inven...2017-07-2033 min