Bringing Your Lifelong Invention Idea to Market with Stephen Key

Ep 090: One thing we know about retirees is that while they’ve left the workforce, they have many useful skills and want to find something to do that gives purpose and hopefully adds a few dollars to their pocketbook. Almost everyone at one time or another comes up with a good idea or improvement for a consumer product. The problem is most people don't have a clue what to do with those ideas, or that they even can do something with them! So, how do we do this? That is exactly what this show is about, Bringing Your Lifelong Invention Idea to Market!

Our next guest is an award-winning inventor, renowned intellectual property strategist, lifelong entrepreneur, author, speaker, and columnist. He has over 20 patents in his name and the dozens of concepts he has brought to market have retailed in Walmart, 7-Eleven, and Disney stores and parks worldwide. In 1999, he cofounded InventRight to teach others his unique process for harnessing the power of open innovation and the licensing business model. Please welcome Stephen Key to The Retirement Success in Maine Podcast!

Chapters:

Welcome, Stephen Key! [2:20]

What are the initial options for someone who wants to bring their idea to reality? [10:12]

Stephen’s 10-Step System to bring an invention idea to market! [19:40]

What’s the experience for someone using InventRight – what’s the process? [35:24]

How will Stephen find his Retirement Success? [42:26]

Episode Conclusion [45:06]