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Publisher's Summary

With must-have updates, a new edition of the best-selling 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 best-selling 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 listeners 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.

©2015 Stephen Key (P)2015 McGraw-Hill Education

What members say

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One of the most useful and practical audiobooks but

The content and narration are top notch. The tips are highly practical. However, the audio chapters don't match the book/narrator. This is very frustrating. In the middle of an audio chapter you would have a new book chapter beginning. 2 minutes after an audio chapter begins a book chapter ends. The narrator would refer to chapter 16 which is audio chapter 18. This drove me insane. There ought to be an invention to match the audio chapters with book chapters, Stephen?

2 of 2 people found this review helpful

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Lots of helpful information just what I needed

information about patents that I didn't know about information about licenses I should consider in mine definitely should have read it before any provisional was made but overall it really helped me

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Wish I had read this sooner...

After coming up with an idea and working on it for years, and spending more money then I'd like to admit, I am close to market and read this book to give me ideas about how to move forward. Instead I was taught so many valuable lessons that I spent 4 years learning in a matter of 3 days of listening. Can't believe how many pitfalls I would have avoided just reading this book before I started the journey I'm on. Thanks for all the great insight and lessons you shared in this book. Look forward to implementing them on future ideas.

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For dreamers who need the next step.

A useful, albeit highly repetitive tome for acolytes of the Tim Ferriss. If you have ever found yourself designing a better widget or product in your head, but never taking the steps necessary to make your dream a reality, then this might be the book to get you inspired to take that action.

Summary: First understand how your product will be manufactured. Second, find the right manufacturer for your product. Third, determine the profitability/margin of the product. Fourth, summarize the utility of your product in a single phrase and develop a product sell sheet. Fifth, read and understand the rules for U.S. Provisional Patent Applications, then file one. Last, start dialing for dollars. The repetitive “padding” did become tiresome and the play speed button was very useful indeed.

The real value of the book comes when Key describes how he works around difficulties and sets realistic expectations for the process of licensing a product. So, skip filing a “full patent" or building a prototype till you know that your product is refined and that both you and manufacturer will make money.

Worth buying for dreamers who need to know the next step.

AUDIBLE 20 REVIEW SWEEPSTAKES ENTRY

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This book will change my future.

I have a well organized list of ideas that I thought would need a hundred new business starts to become a reality. I am too busy making a living to make any real money. I am squeezing in the steps to finally see a return on creativity. “AUDIBLE 20 REVIEW SWEEPSTAKES ENTRY”

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Great book done well

I really enjoyed this book. As a law student with a focus in IP I found this book very helpful in providing a licensing perspective. The book is well written and I enjoyed the speakers voice.

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GREAT BOOK!!!

this was a great book I've learned a lot from it and will continue to read more of Stephen Keys books

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Good info

Good information, a lot of repetition. Would recommend to anyone with little idea of how to get started.

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Real deal

I am a student of Steven's company InventRight and found them after much research of how to develop a product. I can tell you from experience that his program is the only one I recommend for inventions and he and his team are the real deal in results. Great work!

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This maybe it!

Knowledge is power. I hope this will help me live my dream life! This was a joy to read! I want to see where this journey will take me!

1 of 2 people found this review helpful

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  • Amazon Customer
  • 11-17-17

absolutely fantastic. liquid gold

This is exactly the information I need
well written and easy to follow. easy to listen to and broken down