One Simple Idea : Turn Your Dreams into a Licensing Goldmine While Letting Others Do the Work Author: Stephen Key | Language: English | ISBN:
B004H4XL8S | Format: PDF
One Simple Idea : Turn Your Dreams into a Licensing Goldmine While Letting Others Do the Work Description
Praise for One Simple Idea: “My friend, Mr. Key‘s brilliance, wisdom, and insight will make you rich. Buy this book!“ Mark Victor Hansen, bestselling author and co-creator of Chicken Soup For The Soul “Stephen has an uncanny and successful knack for simplifying the licensing mystique. One Simple Idea provides a road map and confidence to those who follow his proven approach.“ Warren Tuttle, product scout, Lifetime Brands “Since the successful marketing of the Pet Rock in 1975, I have talked with thousands of hopeful inventors who seek help in getting their ideas to market. Stephen Key has written a book which is overflowing with the all-important information that inventors need; a step-by-step guide to everything that goes into a successful product introduction. It‘s a book I wish I would have had available to me. It‘s a book that would have saved me a lot of time and money.“ Gary Dahl, Pet Rock inventor “If you are ready to change your life, buy this book! Stephen Key turns conventional inventing 'wisdom' on its head and clearly outlines how anyone can earn a meaningful income with One Simple Idea.“ Tamara Monosoff, founder of Mom Invented and author of The Mom Inventors Handbook and Your Million Dollar Dream.
- File Size: 441 KB
- Print Length: 257 pages
- Page Numbers Source ISBN: 0071756159
- Simultaneous Device Usage: Up to 4 simultaneous devices, per publisher limits
- Publisher: McGraw-Hill; 1 edition (February 22, 2011)
- Sold by: Amazon Digital Services, Inc.
- Language: English
- ASIN: B004H4XL8S
- Text-to-Speech: Enabled
X-Ray:
- Lending: Not Enabled
- Amazon Best Sellers Rank: #39,683 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
- #12
in Kindle Store > Kindle eBooks > Business & Money > Entrepreneurship & Small Business > Marketing - #15
in Kindle Store > Kindle eBooks > Business & Money > Entrepreneurship & Small Business > Entrepreneurship > Management - #25
in Books > Business & Money > Small Business & Entrepreneurship > Marketing
- #12
in Kindle Store > Kindle eBooks > Business & Money > Entrepreneurship & Small Business > Marketing - #15
in Kindle Store > Kindle eBooks > Business & Money > Entrepreneurship & Small Business > Entrepreneurship > Management - #25
in Books > Business & Money > Small Business & Entrepreneurship > Marketing
I really like this book because it has opened up a whole new avenue for me, and showed me with simple descriptions all the areas where I was doing it wrong. I almost felt stupid that I did not know about provisional patents. I thought the only way to protect your ideas was the traditional patent route, and the 10-20 thousand dollars that route can cost. I did not know that a simple provisional patent, that can be filed for $110 would give me even more protection than a patent the first year I filed it. And that I could get a company to pay for my patent when they license my idea! How can you not love this book?
Stephen Key walks you through the steps of taking your idea from birth all the way through getting some company to send you royalty checks every quarter. You come up with the idea, then follow the steps laid out to getting paid for that idea. You do not need to have really brilliant ideas either. A simple product improvement can be licensed. A manufacturing change can be licensed. A procedure change can be licensed. The list is pretty endless in regards to what you can do. Can you take an existing product, change it slightly, and use it for some other non-related use? Yes you can, and you can get paid to do it!
Here is how this book will help me. I started writing ideas down in a small five inch notebook on may 4, 2004. I date all the ideas, my memory is not that good. I have 7 of these notebooks filled with ideas, changes, upgrades, etc. I take notes on a voice recorder in my car because ideas always pop in my head while I am driving. I know a lot of people get ideas in the shower, but I was on a nuclear submarine a long time ago and got in the habit of taking very fast showers because we can't waste water.
One Simple Idea is a practical, real-world guide that will help you take your ideas and get them to market with minimum investment of time and money. It is a great read that motivates the creative genius inside to think outside of the box, dream big, and get paid for it. One Simple Idea is a 5 star book and a steal for anyone interested in turning ideas into cash.
Part 1 focuses on how nice it will be once your ideas pay off and you are earning extra income.
"Find Your Million-Dollar Idea" (Part 2) really kicks off the valuable information in the book. This section offers great advice on what makes an idea valuable and marketable. Key emphasizes simplicity and how small ideas can make big money. While this part is good, I think it's also the weakest section in the book. Key only offers three creative thinking methods to come up with ideas . . . each just a paragraph long. He focuses on other idea generation methods that are simpler, but creative thinking techniques can unlock tons of great ideas in my experience. Going in depth here would make this book too long, but it would have been nice to include some additional recommendations for idea generation. For a book that is really strong in this area, check out Thinkertoys: A Handbook of Creative-Thinking Techniques (2nd Edition). It makes a great companion to One Simple Idea: Turn Your Dreams into a Licensing Goldmine While Letting Others Do the Work
Also in Part 2, Key gives an "idea litmus test" (70-73) to measure the ideas that you dream up.
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