What You Should Do With Your Million Dollar Idea With Stephen Key

Rhodes To Wealth

Now that you have a million dollar idea, how do you turn it into, well, a million dollars? It sounds a bit weird to ask this but this is actually where a lot of potential visionaries fall short. Joshua Rhodes’ guest for this episode will clear this up for you. Stephen Key is an open innovation thought leader and the world’s leading expert in licensing consumer products. He is a co-founder of Inventors Groups of America and a 2018- 2019 AAAS-Lemelson Invention Ambassador. In 1999, he created inventRight, a coaching program that helps people license their product ideas and protect their intellectual property. Join in as Stephen explains the processes and models that he used to come up with the ideas that he had licensed in the past. He also gives us a step-by-step blueprint of what it takes to bring your idea to life, what a royalty deal looks like, and what you can expect to make out of your brainchild.
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