Stephen Key

With must-have updates, a new edition of the bestselling method that shows how anyone can turn their one simple idea into millions without lifting a finger!Stephen Key is an award-winning inventor who has licensed more than 20 product ideas. In 2011, he shared the secrets to his success in the bestselling book "One Simple Idea." Since that time, many changes have occurred in the entrepreneurial world."One Simple Idea, Revised and Expanded Edition" has been revised and updated to reflect current trends and practices in the industry. In addition to teaching readers how to turn their ideas into marketable products that companies will want to license, Key expands upon his cutting-edge product development, sales, and negotiation strategies, making note of the new opportunities and technologies available to creative people today. The book also features real-life success stories from people who have used the author s strategies."

From award-winning entrepreneur, inventor, and business owner Stephen Key comes the highly anticipated follow-up to his bestseller One Simple Idea How many times have you seen a product and thought, I know how to make that better ? Or not seen a product and thought, How is it that no one has invented this yet ? And when haven’t you thought, I need to be my own boss ? You’re thinking the right things. Now, the next step is to take action―and that’s exactly what One Simple Idea for Startups and Entrepreneurs is all about. Stephen Key, one of the world’s leading experts on getting business ideas off the ground, revealed in his groundbreaking book One Simple Idea just how simple it is to make a fortune by selling or “renting” your great ideas. Now, he helps you live the entrepreneurial dream by delivering a proven, straightforward process for starting, growing, and running a business―without the need for an MBA or millions of dollars in funding. As an inventor and successful business owner, Key brings a unique and fully rounded perspective to the subject, teaching you how Key draws on his own experience as a billion dollar inventor to offer how-to’s and other takeaways you can use to get off the ground and into the black. Case studies, tips, and advice from other successful entrepreneurs underscore key principles to make it easier than ever for you to achieve your business and life dreams. You don’t need millions of dollars or a business, engineering, or manufacturing background to develop, produce, and sell your own product idea. All you need is one simple idea―and the passion to make it happen. Praise for One Simple Idea “This book is straight-forward, no-nonsense information for how to start a successful company. Read it!”―Barbara Corcoran, investor/shark on ABC’s reality hit Shark Tank “The ideas in this book are key to creating the kind of enterprise that will create hundreds of thousands of jobs in the future. The goal of entrepreneurship is to reduce the risk of failure as detailed in this book.”―Nolan Bushnell, inventor of Pong ® and founder of Atari ® "Kudos!! One Simple Idea for Startups & Entrepreneurs is brilliant !! A must read for those that have the courage to dive into their dreams. This is a true Road Map for those that have the passion to achieve their Freedom. Truly something that I wish would have been there for me 33 years ago."―Russ Hornsby, toy industry veteran, 2010 Toy of the Year award winner in seven different countries, and creator of hit toys ZhuZhu Pets ® , XiaXia Pets ® , DeGeDar ® and others “I took one of those simple ideas and turned it into a company that now has its products in over 35,000 doors of retail distribution. With One Simple Idea for Startups & Entrepreneurs , Stephen gives us the tools we need to take an idea from your Head to the Store shelf.”―Todd Basche, inventor of Word Lock ® , the #1 selling word combination lock “Any inventor or entrepreneur who wants to make money without risking hundreds of thousands in design, manufacturing, warehousing and distribution would be well served to take advantage of the practical wisdom offered up in Stephen’s most recent work, One Simple Idea for Startups & Entrepreneurs. ”―Ron Hazelton, former home improvement editor for ABC’s Good Morning America and leading authority in the do-it-yourself home improvement field

Think you need a patent? Think again. Many of the products Stephen Key has licensed required no intellectual property protection whatsoever, yet have made millions in royalties. But Key also knows what it takes to protect a big idea. Years ago, after reading about how medication bottles rarely contain enough space for the information that needs to be printed on them, he was inspired to develop an innovative label technology. The Spinformation rotating label has been licensed on products the world over, is protected by 20 U.S. and international patents, and has received more than 13 industry awards. To put it Key knows how to use intellectual property to profit. This book will teach you how Get a licensing contract with or without intellectual property Write a provisional patent application that stops others from stealing your idea Find and hire a killer patent attorney (they are not all created equal!) Save thousands of dollars on legal expenses File patents that have true value Negotiate a win-win agreement It also details Stephen’s experience defending his patents in Federal Court—a David versus Goliath saga he has never before written about at length—as well as provides tips about how to avoid a licensing contract from going bad.

You have decided the job of your dreams is to be able to share your creativity with the world while creating a nice income. You long to see your product idea come to fruition so you never have to work for anyone else again. Stephen Key has been living this dream for over 30 years and has provided the roadmap for others in his best-selling book about licensing inventions, One Simple Idea. One Simple Idea has helped thousands license their product ideas. Stephen has reinvented the inventing process.Forget the patents, forget the prototypes, forget starting a business. Sell the benefit first instead! Today it’s all about selling first and selling fast. His roadmap for licensing success is now being taught in major universities.Become a Professional Inventor is the follow-up to One Simple Idea because people are now asking...I love being creative and I want to do this for the rest of my life, how can I become a full-time professional inventor?How can I go from amateur to professional full-time inventor?What industries create the largest revenue?What is the best way to work with these companies so I build a successful long-term relationship?How can I license even more products ideas?Why aren’t companies getting back to me?How do I get the highest royalty rate?Why are my product ideas getting rejected?What type of protection do I actually need?What is the best way to submit my product ideas?How can I tell if a company is truly inventor friendly?How do I use non-disclosure agreements?How do I license ideas without any intellectual property?How do I negotiate a licensing agreement to make sure I get paid regardless of intellectual property?For the first time ever, Stephen has uncovered the consumer product licensing industry from the inside. He has interviewed 28 leading experts across 17 different industries, as well as professional inventors, to share their knowledge with you — so you too can now become a full-time professional inventor.Here are a few industries included in this KitchenHardwareAutomotiveAs Seen On TVPetDentalHospitalityToy and GameCannabisNovelty GiftHealth and Beautyand more!Stephen peels back the curtain to give you an insider’s guide to how companies evaluate your product submissions so you can become a professional inventor.Also Sample Sell SheetsSample Non-Disclosure AgreementsSample Term SheetsSample Licensing AgreementSample Calling ScriptsSample LinkedIn Contact Scripts

Do you have great ideas, but don’t know how to get them to the right people at open innovation companies so you can license you inventions? Start using LinkedIn®, the professional networking platform with nearly 700 million members, but you have to use it the right way.LinkedIn® has fundamentally changed the game for inventors, product developers, entrepreneurs, and anyone with an idea. Now creative people can identify, research, and get in touch with the right employees at the right companies within a matter of seconds, anytime and anywhere, day or night. Never waste your time hunting down a marketing manager’s phone number again!In fact, by using LinkedIn®, you can license your idea for a new product without making a single cold call.But, there’s a right way and a wrong way to use this unbelievably powerful tool. This book will teach you how to present yourself as the kind of professional open innovation companies want to work with, and not an amateur.Let Stephen Key, the world's leading expert on licensing inventions, and LinkedIn® licensing expert Benjamin Harrison, creator of SmartPitch, show you how to take advantage of this uniquely awesome opportunity.What you will learn...• How to Use LinkedIn® to find companies looking for product ideas• How to Build your network of inventing industry leaders.• How to Pitch your product professionally.• How to Answer questions from potential licensees.• How to Work towards a licensing agreement.• How to Reach out to potential licensees anytime and anywhere!Also • 15 Pitching Scripts • Non-Disclosure Agreements •• Licensing agreement • Sell sheet examples •About the authorsStephen Key is a lifelong entrepreneur and a 2018-2019 American Association for the Advancement of Science-Lemelson Invention Ambassador. Stephen achieved repeat success as an independent product developer, including licensing over 20 products and winning 15 industry awards. He is the inventor on over 20 patents. Read his articles online for Forbes, Inc., and Entrepreneur and watch him on inventRightTV.Benjamin Harrison is a lifelong entrepreneur and product developer who has worked with some of the top musicians in the world. He has been featured in publications ranging from No Treble and Vintage Guitar Magazine to Entrepreneur and Inc. His SmartPitch program has helped hundreds of product developers successfully get their ideas into companies of all sizes using methods he invented and perfected.

TWO E-BOOKS IN ONEOne Simple Idea Stephen Key has been living this dream for 30 years. The developer of such lucrative products as Michael Jordan’s WallBall®, the Spinformation® rotating label, and HotPicks® guitar picks, he knows better than anyone how to make a great living as an entrepreneur. Key develops ideas for new products, licenses them out, collects royalty checks, and doesn’t look back. You can do it, too. All you need is One Simple Idea.“Ever heard of Teddy Ruxpin or Lazer Tag? Both have Stephen Key’s mark on them. He is the Yoda or ‘renting’ ideas for serious passive income. From how-to to war stories, this is a great book.” —Tim Ferriss, author of The 4-Hour WorkweekOne Simple Idea for Startups and Entrepreneurs Stephen Key helps you live the entrepreneurial dream by delivering a proven, straightforward process for starting, growing, and running a business—without the need for an MBA or millions of dollars in funding. Case studies, tips, and advice from other successful entrepreneurs underscore key principles to make it easier than ever for you to achieve your business and life dreams.

The Saga of Heracles Penoit chronicles the adventures of a young boy who was kidnapped in front of his home in the French Quarter of New Orleans at the beginning of the Reconstruction Period right after the end of the Civil War. The street pirates who nabbed him forced his hand by requiring his involvement with the transport of illegal slaves up the Mississippi River. When the paddle wheeler exploded and caught fire, he escaped with his life, but began the unenviable trek of wandering into one big life threatening adventure after another. When the Union Army General’s granddaughter snuck onto the skiff Mr. Heracles was escaping in, he found himself protecting her and himself against renegade soldiers intent on finding them and shutting their mouths for good. Since he had learned the ways of the wild early on by some backwoods Cajuns, he used his grit to keep both of them in food, shelter, and free from danger. At least so far, that is, but this continuing saga has only just begun.