How to License Your Million Dollar Idea

By: Harvey Reese

Narrated by: Barrett Whitener

Length: 6 hrs and 53 mins

Publisher's summary

We all have great ideas, and every day, ordinary people turn their simple, clever ideas into products or services that earn them millions in royalties. So what separates those who earn money exploiting their ideas from those who don't? Here's the answer: this audiobook will give you all the information and all the motivation you need to turn your ideas into money without investment or financial risk.

Totally revised and updated, this Second Edition covers recent changes in patent law and how the Internet has impacted modern licensing.

Author Harvey Reese, a successful new-product developer, consultant, and licensing agent, reveals his proven step-by-step process for formulating an idea that manufacturers are willing to pay for. He gives you the nuts and bolts information on patents, negotiating the deal, and the licensing process. Filled with examples of successful, well-known licensing ventures, How to License your Million Dollar Idea has all the information and motivation you need to grow your idea into a fortune.

Download the accompanying reference guide..

©2002 Harvey Reese (P)2007 Gildan Media

This book is well worded

This author provides much needed details into the licensing world, including often over-looked, the contract and negotiating.
The narrator is well spoken and keeps it interesting to continue through the entire book.

Authority and keen understanding, straight shooter

The author relies on experience, with emphasis on how important above all is action and face-to-face meeting with the customer.

Complete with tools, inspiration, personal story

Favorite thought for me: afraid to try/fail, because if you do, your dream may/will be lost. That struck a chord! I learn and read and listen... but never take action. It's time! I wish the writer would have narrated himself. A little too "robot" sounding for my taste but it was fine. Lots of info. Lots of work too. Good luck to all!

very helpful

I'm not big on words, though I felt the book was very helpful and gave me confidence that I too can succeed with my product ideas. It gave me clear steps in what to do.

Great book if for any entrepreneur with a patent..

This is an extremely important book for any innovator or aspiring entrepreneur who has a patent: it explains thoroughly the way one can license the concept and collect licensing fees without necessarily starting and leading (or helping to lead) a new business, which may not be your desire.

I received a patent for a powerful new-media concept of my own creation called Voice RoundTable, which is like a telephone conference call shifted to non-real-time. It's even been covered by CNN and the Washington Post, but I have yet to generate revenue from it. But this book maps out the path to that revenue, so it is exciting.

And I feel that one needs this level of detail about the process to go down this path. In this regard the bookmark feature of Audible is extremely useful, allowing you to mark and even label if you like critical points the author makes.

A friend of mine is at the GMU Center for Social Entrepreneurship here in Arlington and I have recommended this book to him, and also to my patent attorney in Manhattan. My feeling is that this book is one of the how-to books that truly can work to bring in the income it claims is possible. It also has good and memorable stories about actual cases, like the sale of the rights to the G.I. Joe doll concept years ago... which is still selling strong. John Craig john dot craig at aya dot yale dot edu.

Very useful

reading this audiobook made me realize the complexity of a licensing deal for my patent I cannot review this book when I I'm ready for a license to be negotiated I strongly recommend this book if you are looking for the same advice I was.

Thank You Harvey Reese

All I desperately needed to know and more. Barrett was icing on the cake.

A very practical “Google Maps” guide to licensing your ideas!

Harvey Reese provides an honest, straightforward approach to becoming successful by licensing your invention ideas. Essentially providing a road map with suggestions and stories which guide you along your journey.

Harvey Reese's experience is obvious in this book

I'm an aspiring inventor and product developer and I have this book in a continuous loop to listen to over and over. I appreciate Harvey for putting his knowledge and years of experience out there for others to benefit from.

Amazing book

Even as a experienced entrepreneur, it is a book that you will find a lot of tips, tricks, advices and best practices. It is a goooood book indeed.