One Simple Idea: Turn Your Dreams into a Licensing Goldmine While Letting Others Do the Work

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McGraw Hill Professional, Mar 11, 2011 - Business & Economics - 256 pages
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Turn your great idea into millions—without lifting a finger!

Yes, a good idea is enough to build a fortune! Too many people think production, marketing, and distribution are essential to the entrepreneurial process. As One Simple Idea shows, you can hand these tasks off to others—and make big money in doing so.

Stephen Key, a highly successful entrepreneur whose creations have generated billions of revenue, offers the simple, effortless secret to success: license your simple idea and let others do the work. Breaking down the process of generating and licensing a product idea to a large company, he explains why you don’t need to reinvent the wheel: Simple improvements to existing products can be very successful endeavors—and the most lucrative.

The old method of bringing products to market through prototyping and patents doesn’t work anymore. It’s cheaper and more profitable to do it Key’s way. One Simple Idea gives you everything you need to tap into the marketing and sales power of partners and licensors for maximum profit.

 

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Contents

The Power of One Simple Idea
1
Find Your MillionDollar Idea
35
Prove Your Idea
81
Protect Your Idea
111
Prepare to Pitch Your Idea
137
Submit Your Idea to Potential Licensees
157
Bring Your Ideas to Market
195
Valuable Resources
225
Index
231
Copyright

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About the author (2011)

Stephen Key has successfully licensed more than 20 simple ideas in fields as diverse as the toy, beverage, athletic, music, and drug industries. Collectively, his creations have sold more than half a billion units and generated billions of dollars of retail revenue. His course has attracted more than ten thousand students around the world who he teaches to do the same.

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