The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

Starting my journey on licensing product ideas

Remove ads while supporting the Unscripted philosophy...become an INSIDER.

hectormendez

New Contributor
Oct 23, 2018
10
10
19
33
I will start this thread to describe my journey licensing products ideas to companies.
I have 12 products ideas and more coming to my mind on a regular basis, 3 are on prototype stage, others are just ideas with no market research yet.
I will focus on one single product at a time, will use Stephen's Key book "One simple idea" as my guide during this process. My goal is that some members can learn from my personal experience doing this and maybe some one who has done this before can also share his personal experience, I will keep posting anything relevant that happens.
 

Don't like ads? Remove them while supporting the forum. Subscribe.

OP
OP
hectormendez

hectormendez

New Contributor
Oct 23, 2018
10
10
19
33
Good luck! Are you going to take the Steven's course too? I've never done it yet and am accumulating ideas.
Thank you. I wont take Stephen's course, Im sure its a good investment but I cant afford it.
 
OP
OP
hectormendez

hectormendez

New Contributor
Oct 23, 2018
10
10
19
33
Ok. So far I have done my research to determine if there is market for my product idea and that it doesn't exist yet. There are other products that do the same but work in a different way.

Now I'm working on the prototype, wich is very simple so will be done in a couple of days.
 
OP
OP
hectormendez

hectormendez

New Contributor
Oct 23, 2018
10
10
19
33
Prototyoe is ready, I had one already but came with an improvement so made another one.
Now I will start working on my marketing materials, a one minute video and a one page sell sheet, this are the tools that will do the selling for me.

With regards to the prototype I made it myself, no need to spend a lot of money unless your product is high tech or you cant do it yourself and have to hire someone else to do it.
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Sponsored Offers

  • Sticky
MARKETPLACE Lex DeVille's - Advanced Freelance Udemy Courses!
Thanks for sharing. I want a course to optimize for other than Google engines.
  • Sticky
MARKETPLACE You Are One Call Away From Living Your Dream Life - LightHouse’s Accountability Program ⚡
Welcome to 2020, I wanted to add in a quick note about gratitude for the new year...


Don't like ads? Remove them while supporting the forum. Subscribe to become an INSIDER.

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Monthly conference calls with doers
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom
AdBlock Detected - Please Disable

Yes, ads can be annoying. But please...

...to support the Unscripted/Fastlane mission (and to respect the immense amount of time needed to manage this forum) please DISABLE your ad-block. Thank you.

I've Disabled AdBlock