How to License Your Million Dollar Idea - 3rd Edition by Harvey Reese (Paperback)

Book Synopsis

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

About the Author

Harvey Reese has created and successfully licensed more than 100 of his own commercial ideas, including a wildly successful line of inflatable furniture. He is the former president of several manufacturing, importing, anddistribution companies, and regularly contributes to Inventor's Digest magazine. He teaches industrial design and marketing at Philadelphia's Art Institute, and acts as a licensing agent for the works of other inventors and idea people.