With must-have updates, a new edition of the bestselling method that shows how anyone can turn their one simple idea into millions – without lifting a finger!

Stephen Key is an award-winning inventor who has licensed more than 20 product ideas. In 2011, he shared the secrets to his success in the bestselling book One Simple Idea. Since that time, many changes have occurred in the entrepreneurial world.

One Simple Idea, Revised and Expanded Edition has been revised and updated to reflect current trends and practices in the industry. In addition to teaching readers how to turn their ideas into marketable products that companies will want to license, Key expands upon his cutting-edge product development, sales, and negotiation strategies, making note of the new opportunities and technologies available to creative people today. The book also features real-life success stories from people who have used the author’s strategies.

You have decided the job of your dreams is to be able to share your creativity with the world while creating a nice income. You long to see your product idea come to fruition so you never have to work for anyone else again. Stephen Key has been living this dream for over 30 years and has provided the roadmap for others in his best-selling book about licensing inventions, One Simple Idea. One Simple Idea has helped thousands license their product ideas. Stephen has reinvented the inventing process.

Forget the patents, forget the prototypes, forget starting a business. Sell the benefit first instead! Today it’s all about selling first and selling fast. His roadmap for licensing success is now being taught in major universities.

Become a Professional Inventor is the follow-up to One Simple Idea because people are now asking...

I love being creative and I want to do this for the rest of my life, how can I become a full-time professional inventor?

How can I go from amateur to professional full-time inventor?

What industries create the largest revenue?

What is the best way to work with these companies so I build a successful long-term relationship?

How can I license even more products ideas?

Why aren’t companies getting back to me?

How do I get the highest royalty rate?

Why are my product ideas getting rejected?

What type of protection do I actually need?

What is the best way to submit my product ideas?

How can I tell if a company is truly inventor friendly?

How do I use non-disclosure agreements?

How do I license ideas without any intellectual property?

How do I negotiate a licensing agreement to make sure I get paid regardless of intellectual property?

For the first time ever, Stephen has uncovered the consumer product licensing industry from the inside. He has interviewed 28 leading experts across 17 different industries, as well as professional inventors, to share their knowledge with you — so you too can now become a full-time professional inventor.

Here are a few industries included in this book:

• Kitchen
• Hardware
• Automotive
• As Seen On TV
• Pet
• Dental
• Hospitality
• Toy and Game
• Cannabis
• Novelty Gift
• Health and Beauty
• and more!

Stephen peels back the curtain to give you an insider’s guide to how companies evaluate your product submissions so you can become a professional inventor.

Also included:

• Sample Sell Sheets
• Sample Non-Disclosure Agreements
• Sample Term Sheets
• Sample Licensing Agreement
• Sample Calling Scripts
• Sample LinkedIn Contact Scripts

From award-winning entrepreneur, inventor, and business owner Stephen Key comes the highly anticipated follow-up to his bestseller One Simple Idea

Stephen Key is back, and he’s delivering a proven, straightforward process for starting, growing, and running a business—without the need for an MBA or millions of dollars in funding.

Key draws on his own experience as a billion-dollar inventor to offer how-tos and other takeaways you can use to get off the ground and into the black. Case-studies of his most successful students and other innovators further underscore “key” principles from the book, while strategies for testing, protecting, and marketing a product make it easier than ever for you to follow achieve your business and life dreams.

Stephen Key has successfully licensed more than 20 simple ideas that have generated billions of dollars of revenue. The course he teaches has attracted more than ten thousand students around the world.

TWO E-BOOKS IN ONE

Stephen Key has been living this dream for 30 years. The developer of such lucrative products as Michael Jordan’s WallBall®, the Spinformation® rotating label, and HotPicks® guitar picks, he knows better than anyone how to make a great living as an entrepreneur. Key develops ideas for new products, licenses them out, collects royalty checks, and doesn’t look back. You can do it, too. All you need is One Simple Idea.

“Ever heard of Teddy Ruxpin or Lazer Tag? Both have Stephen Key’s mark on them. He is the Yoda or ‘renting’ ideas for serious passive income. From how-to to war stories, this is a great book.” —Tim Ferriss, author of The 4-Hour Workweek

Stephen Key helps you live the entrepreneurial dream by delivering a proven, straightforward process for starting, growing, and running a business—without the need for an MBA or millions of dollars in funding. Case studies, tips, and advice from other successful entrepreneurs underscore key principles to make it easier than ever for you to achieve your business and life dreams.