Hi all, I recently have been looking into licensing as I am a very creative person who loves coming up with new ideas and inventions, but I'm not very much of a salesman. I'm taking this very seriously and have already signed up for mentoring with InventRight, which I am starting very soon.
I have a list of about 100 ideas and of those, I've selected about 10 I think are worse pursuing to license. I know all about the sell sheet, videos, PPA's, prototyping, but I'm not really sure the best approach to reach out to companies.
Please share your stories here. What was harder than expected? What was unexpected? How long did the process take? How much did it cost you? Thanks in advance.
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