Invention Licensing with David Fedewa

2020 Passive Income Ideas

The Challenge That Changed My Life

Today, I’m challenging you to say what is your stretch goal and write it down. Don't say, I'm going to call people tomorrow is my goal. Say I'm going to call three people on whatever tomorrow's date is. Say the number of people you'll call and then do that every day and you will stretch yourself. And eventually, once you follow through with your process, you will see results and the results that you are looking for. If you want to know more about licensing, here is a link to a free training. Reg...

Apple Seeds To Success

Everybody always asks the seed to produce fruit without going through the process of growing their roots, growing their stem and getting their branches. And so once you go through all those processes and you're prepared to receive fruit, that's when you can start to ask yourself or set up goals that say, all right, I'd like to license this product now. I have all the things in place, I have the knowledge, I have the understanding where I can, you know, take a product through the process, get it ...

Why The Boogieman Shows Up When You Start Pitching Your Idea?

You can go out and get yourself a sheet made, you can go out and get a patent and you can do all these things and build a prototype. But that phone call is the first opportunity that somebody that is a professional within the business can tell you your idea is not good. And that's why the boogeyman shows up when the phone calls start to happen. And so I wanted to jump into how do you expel that boogeyman, how do you get them out of your world? And it was something that I had to face in a big way...

How To Start Today!

A lot of the times people get stuck in this analysis paralysis. And they're focusing on 'what do I do?' And that's not the real problem. It's not what do you do. Because when you start doing, then things start to unfold. And you start to learn and understand and you won't know everything when you start. That's the key. That's this jump that people want to make. They want to know everything before they jump. You can't, you gotta build your wings on the way down. If you want to know more about lic...

Susan's Success

If I get one company interest, I'm going to get multiple companies interested cause it's not always the case because they express interest that they're going to sign a deal and start paying royalties. So as an inventor make sure that once you get interests from one, you go and get interest from more and start to move down the tracks or move through the process of getting your product license as Susan did. So that when a company falls off, you have your other options. You're not just left dead in...

Super Power Of Deal Closers

I get the opportunity to see those that successfully close deals and those that don't. There is a difference between the actions that those that successfully close those deals and those that don't and that's what I found so fascinating and that's the superpower I want to share with you today and that superpower is "questions". It's questions because questions focus your potential licensee on the right things. If you want to know more about licensing, here is a link to a free training. Register t...

Sales Video

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How to Pick Between Multiple Licensing Deals!

I have got multiple offers on my inventions...my students have got multiple offer. It's a lot of fun but scary at the same time. I have strategies that I use and coach my students to use to strike the best deal possible when faced with multiple offers!

Nothing Like Your Invention...Drop It

I have tons of inventors come to me with their inventions saying "there's nothing like it!!!" I say "then DROP IT" I explain in this episode why thats the case and how to understand your product better to get it licensed.

New Secret Market Inventors are Licensing Their Products In

There is a new emerging market for licensing your inventions and it a place everyone know but barely any inventor is pursuing a deal there. I have seen three recent deals close all over 15% royalty. If you are looking to license your product its a must listen to episode.

No Prototype No Problem

Every inventor wants to start their journey with building a prototype or filing a patent. If you want to licensing your product and start getting royalties it not the first step and sometimes its not even a step that you need to take. I walk you thought the process of how you can license your product without an expensive prototype.

$1,300,000 Royalty Mistake

While coaching students through multi-million dollar deal the key to closing a great deal is precision. Making minor mistakes in huge deals are compounded and reflected within your royalty statement. Make sure this mistake doesn't happen to you! In this episode I walk you though a mistake one of my students almost made while negotiating a 7 figure a year deal.

THE 10 DAY DEAL!

THE 10 DAY Deal! it was so much fun closing this deal and I want to tell you all about it. I went from "AHHA idea" on a Sunday to closing the deal the following TUESDAY! It takes time, persistence, and hard work to get to a point where you can pull off a 10 Day deal but it can be done.

How to License to Walmart, Target and Bed Bath and Beyond

How to License to Walmart, Target and Bed Bath and Beyond. How to leverage the distribution channel of existing companies to get your products out there. I have coached over 100+ people through Invention licensing deal negotiation. Those that understand the distribution channels of companies are the ones that make the most money. Links https://www.inventtribe.com/ https://www.facebook.com/Invent-Tribe-Community-738613743208498 https://www.instagram.com/inventtribe/...

5 Figure Signing Bonus!

How I have got two, 5 figure signing bonuses and how I have coached my students to do the same. I have coached many people how to get their very own signing bonus and I wanted to show you exactly how you can get it incorporated into your deal. Links https://www.inventtribe.com/ https://www.facebook.com/Invent-Tribe-Community-738613743208498 https://www.instagram.com/inventtribe/

No Patent No Problem

No Patent No Problem! How I got 5 licensing deals without a granted Patent and how I teach all of my students how to close deals without a patent. I have coached over 100+ people through Invention licensing deal negotiation. Patents don't stop deals, if the company wants the invention in their product line they will figure out how to move forward. They are happy and excited to have to opportunity to make money and get your product on the shelf. Links https://www.inventtribe.com/ https://www.face...

How to get your HIGHEST possible Royalty!

David has coached over 100+ inventors through the negotiation process and knows what to say to get your highest possible royalty rate! Listen in to his coaching tips so when you get in your deal you know how to get the highest possible royalty rate.