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Episode 28: How To Turn "ONE SIMPLE IDEA" Into A Licensing Goldmine With Stephen Key.

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Gone Fishing
Duration: 45:34
How to turn “ONE SIMPLE IDEA” into a licensing goldmine with author Stephen Key
Have you ever looked at an item and thought to yourself, why didn't I think of that? Have you ever had an idea for a product only to find something similar on store shelves sometime later?  Have you ever taken an it
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How to turn “ONE SIMPLE IDEA” into a licensing goldmine with author Stephen Key
Have you ever looked at an item and thought to yourself, why didn't I think of that? Have you ever had an idea for a product only to find something similar on store shelves sometime later?  Have you ever taken an item and used it in a way other than its intended use, creating a more excellent utility?  
Some of the simplest things have had the most significant impact.   Think, for instance, about Duct Tape.  There is nothing like the ultra adhesive, ultra-versatile, ultra-durable duct tape in a world full of adhesive bonds.  During WWII, Johnson & Johnson invented it for use in the military to protect ammunition cases from the front lines' harsh conditions. 
How about the nail?  A simple pointed piece of metal with a head on it.   Think about the utility of such a simple invention. They are part of the foundation of modern structures everywhere.
Then there is the paperclip invented to attach claim tickets to the fabric in the 1800s by Samuel Fray. The idea is simple and extremely versatile.
Your idea doesn't have to be as significant as the ones mentioned; you could take a simple idea and turn it into a goldmine without creating prototypes, getting funding, drawing up plans, and without the risk.  How would it feel to see a product you came up with covering the shelves at your favorite store or favorite online website?
If you are interested in learning how you can turn one simple idea into a licensing goldmine, join Ron Bouchard as he interviews Stephen Key, founder of inventRight and Author of the bestselling book," One Simple Idea, Turn your dreams into a licensing goldmine while letting others do the work."
Connect with today’s guest, 
 
Stephen Key:
• 800-701-7993
• stephen@inventright.com
• https://www.youtube.com/user/InventRightTV  
• https://www.facebook.com/inventrightllc  
• https://www.inventright.com/  

Get Your Copy of, One Simple Idea
• https://www.amazon.com/One-Simple-Idea-Revised-Expanded/dp/1259589676/ref=sr_1_1?crid=2EVK4JXYGHEKP&dchild=1&keywords=one+simple+idea+stephen+key&qid=1613325263&sprefix=one+simple+i%2Caps%2C162&sr=8-1 

Links to Ron Bouchard
• info@waypointmastermind.com
• 833-862-2734 Waypoint
• 508-823-2550 Avion Realty
• www.waypointmastermind.com
• Schedule a Free 50 Minute Clarity Session with Ron Bouchard:
https://app.acuityscheduling.com/schedule.php?owner=18291344


Related Links and Resources:

Visit our main website at:
https://waypointmastermind.com/VIP/

Visit our Gone Fishing Podcast Webpage
http://gonefishingpodcast.com/

Subscribe on Itunes:
https://podcasts.apple.com/.../gone-fishing/id1519168586

Support our work by checking out our great merchandise:
https://www.sargassoapparel.com/

Schedule a Free 50 Minute Clarity Session with Ron Bouchard:
https://app.acuityscheduling.com/schedule.php?owner=18291344

So Long, and Thanks for All the Fish! (Douglas Adams Tribute)
Thank you for tuning in. We at the Gone Fishing Podcast and Waypoint Mastermind genuinely appreciate you! To get more content sent directly to your device as it becomes available, subscribe to iTunes, Stitcher, or your favorite podcast application. Reviews on iTunes are beneficial and appreciated!
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