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Lisa Lloyd, an expert with over twenty years of experience in inventing and licensing, presented five steps to successfully inventing and licensing at this week's IDEAinstitute.
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IDEAinstitute 2015 ENTREPRENEUR SEASON
www.ideavillage.org
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Invention Intelligence Presented by Lisa Lloyd
www.ideavillage.org
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5 Steps for Inventing & Licensing
Successfully
Invention Intelligence “Highlights”
Presented by : Lisa Lloyd
Big Picture
Plan your work and work your plan with this valuable Go/No Go roadmap!
Define
Sketch
Model
Prototype
Research
Market Search
Patent Search
Protect
Patents
Strategies
Test
Retail/Web
Shows/Fairs
DRTV
License
Sell Sheets
The Approach
Negotiations
Invent Solutions that Sell!
Sketch
Models
Prototype
Define
Research Do your homework!
Market Search
Patent Search
&
New, Useful and Non-obvious 1. Design Patent 2. Utility Patent 3. Provisional Application
Protect
Patents
Strategies
Test
REAL sales DRAMATICALLY increases your odds for successful licensing! Transactional Learning
Retail/Web
Shows/Fairs
DRTV
Sell small quantities in stores and online
Sold at fairs for years before going on TV & in Retail
Buyers are not interested in single item lines, ASOTV solves that problem!
ResponseMagazine.com & Retailing.org
License
The Big 3 • Royalty rate: 3%-8% • Minimum: negotiable • Up front amount: negotiable
Creating wealth with passive income!
Sell Sheets
The Approach
Negotiations
• Images • Features & Benefits • Contact Info
• Trade Shows • Cold Call
Special Offer 1 Month Jump Start Pack $299
+ FREE BONUS MONTH!
www.LloydMarketingGroup.com or
$75 1hr Consultation (normally $125)
icaninvent lisavlloyd /lmgservices
trust your crazy ideas. we do.
