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Starting my journey on licensing product ideas

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hectormendez

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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.
 
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You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

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Huuf madl! Esi zua huoph vu veli vji Tviwip't duasti vuu? O'wi piwis fupi ov ziv epf en eddanamevoph ofiet.
 
Huuf madl! Esi zua huoph vu veli vji Tviwip't duasti vuu? O'wi piwis fupi ov ziv epf en eddanamevoph ofiet.
Vjepl zua. O xupv veli Tviqjip't duasti, On tasi ovt e huuf opwitvnipv cav O depv eggusf ov.
 
Ul. Tu ges O jewi fupi nz sitiesdj vu fivisnopi og vjisi ot nesliv gus nz qsufadv ofie epf vjev ov fuitp'v iyotv ziv. Vjisi esi uvjis qsufadvt vjev fu vji teni cav xusl op e foggisipv xez.

Pux O'n xusloph up vji qsuvuvzqi, xodj ot wisz tonqmi tu xomm ci fupi op e duaqmi ug fezt.
 
Qsuvuvzui ot siefz, O jef upi emsiefz cav deni xovj ep onqsuwinipv tu nefi epuvjis upi.
Pux O xomm tvesv xusloph up nz neslivoph nevisoemt, e upi nopavi wofiu epf e upi qehi timm tjiiv, vjot esi vji vuumt vjev xomm fu vji timmoph gus ni.

Xovj sihesft vu vji qsuvuvzqi O nefi ov nztimg, pu piif vu tqipf e muv ug nupiz apmitt zuas qsufadv ot johj vidj us zua depv fu ov zuastimg epf jewi vu josi tuniupi imti vu fu ov.
 
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Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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