Tag: License

A Low Cost Way to Build Your Startup through Licensing

June 1, 20170 Comments

Licensing is one of the fastest ways to build your start-up. When you license a market ready intellectual property, you’ve got an asset that builds immediate value to your start-up. The one thing you don’t want to do is approach them with a start-up mentality. That means being ready to show them how your start-up […]

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Why Would Somebody Want to License Your IP?

May 25, 20170 Comments

The answer is because it’s more cost-effective to license rights to a market ready IP than developing it from scratch. Timing is everything when it comes to licensing. The market is dynamic, meaning it’s always changing. That’s what creates the window of opportunity for your IP. Changing technology, customer demand, legal regulations, and a score […]

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Sell, Make or License – Which is the Right Option for Your IP?

February 16, 20170 Comments

Making money with your IP means profiting from the value created by your IP.  Its value depends on many things and changes depending on what it does (disrupts an industry, improves production, new product innovation, etc.), how close it is to market ready, and how profitable it will be.  To tap this money-making opportunity, you […]

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2 Secrets to Selling the Licensing Opportunity

August 26, 20140 Comments

The two success secrets to selling your licensing opportunity are building relationships and securing a reference licensee. Finding the first licensing partner is challenging. They are often the most difficult to get. Sometimes you get started as a result of someone approaching you about licensing. Look for a partner in close geographic proximity so it’s […]

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Licensing Intellectual Properties Creates Money-Making Opportunities

May 22, 20130 Comments

  Licensing intellectual property (IP)  is one of the fastest ways to reach the commercial market. It’s considerably faster than starting and building a new business which typically takes about 18 months to 2 years. Licensing an intellectual property can be done in a much shorter time frame, often just a few months instead of […]

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