Before Calling Companies Make sure to do this (practice)

Uncategorized Oct 19, 2021

 

When 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 calling companies and saying the things I've practiced through my head, it sounded so strange because it was the first time it actually came out of my mouth.

 

So in today's episode, we're going to go over the one thing, you should do before you start calling companies to help you get indoors and close better deals.

 

P.S. Getting to the point of making money off your invention is hard. That’s why I’m hosting a very special webinar for you on how to get through all...

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Invention Licensing and 80/20 Pareto Principle

Uncategorized Sep 09, 2021

 

Have 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 licensed. Grab a pen and paper, sit back, and watch this video.

 

P.S. Getting to the point of making money off your invention is hard. That’s why I’m hosting a very special webinar for you on how to get through all of this. At the end of just 1 hour, you’ll know the techniques to get your invention licensed easily and make monthly passive income.

  

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$1,000 a month

Uncategorized Aug 19, 2021

 

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 to be a little bit more relaxed, you get to think about products, and you get to get more product licensing deals.

 

P.S. Getting to the point of making money off your invention is hard. That’s why I’m hosting a very special webinar for you on how to get through all of this. At the end of just 1 hour, you’ll know the techniques to get your invention licensed easily and make monthly passive income.

 

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Start 3 years from now and work backwards

Uncategorized Jun 21, 2021

One 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.

 

P.S. Get your TOP invention and/or product licensing questions answered in my upcoming Live Q&A on June 30th, 8PM Eastern time.  Be sure to register your spot here >> Save My Spot!

P.P.S.  Ready to take your invention licensing journey to the next level?  Book your call with our Invention Licensing Expert today >>  https://tidycal.com/hazel/30-minute-meeting

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Patent your invention from a business perspective

Uncategorized Jun 14, 2021

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From 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 the steps I took to monetize my product while keeping it protected.

P.S. Getting to the point of making money off your invention is hard. That’s why I’m hosting a very special webinar for you on how to get through all of this. At the end of just 1 hour, you’ll know the techniques to get your invention licensed easily and make monthly passive income.

Sign up for the webinar here: https://bit.ly/3cZZQ7v

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How to close multiple product deals

Uncategorized Jun 07, 2021

Licensing multiple products is one of the topics that I already talked about in different variations. But I would like to dive into it because I have students that licensed multiple products and people out there are wondering, how did they do that right there?

Licensing multiple products in 1 year or in 6 months or in a short period of time might sound impossible, but if you will just know the secret sauce on how to do it, you'll get amazed that it's actually possible!

So go watch this video if you want to learn how to license multiple products.

P.S. Getting to the point of making money off your invention is hard. That’s why I’m hosting a very special webinar for you on how to get through all of this. At the end of just 1 hour, you’ll know the techniques to get your invention licensed easily and make monthly passive income.

Book a Free Call Now! https://tidycal.com/hazel/30-minute-meeting

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Top 3 Worst Categories for Licensing

Uncategorized May 31, 2021

Today'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. That’s why I’m hosting a very special webinar for you on how to get through all of this. At the end of just 1 hour, you’ll know the techniques to get your invention licensed easily and make monthly passive income.

Sign up for the webinar here: https://bit.ly/3cZZQ7v

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Top 5 categories for licensing

Uncategorized May 24, 2021

Today'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 of making money off your invention is hard. That’s why I’m hosting a very special webinar for you on how to get through all of this. At the end of just 1 hour, you’ll know the techniques to get your invention licensed easily and make monthly passive income.

Book a Free Call Now! https://tidycal.com/hazel/30-minute-meeting

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How not to fall off your climb to success

Uncategorized May 17, 2021

Not 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 share ways you can do to move from getting mentally stuck and remove the 'friction' that's stopping you from bringing your ideas into reality.

P.S. Getting to the point of making money off your invention is hard. That’s why I’m hosting a very special webinar for you on how to get through all of this. At the end of just 1 hour, you’ll know the techniques to get your invention licensed easily and make monthly passive income.

Sign up for the webinar here: ...

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Invention Licensing is the new R&D Department

Uncategorized May 11, 2021

Back 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 idea, but go watch today's episode as I tell the conclusion to the story!

Book a Free Call Now! https://calendly.com/davidfedewa/30min

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