How to Launch a Product: Turning $50 Into a $10 Million Dollar Business! скачать в хорошем качестве

How to Launch a Product: Turning $50 Into a $10 Million Dollar Business!

Join inventRight cofounder Stephen Key as he chats with inventor and entrepreneur Mohamed Ali about his incredible journey from creating a childproof socket in Cairo, Egypt, to building a global business. Visit his website and learn more: https://ilock.eg/ 00:00 – How to Turn $50 Into a $10 Million Business 00:45 – Meet Muhammad Ali: An Inventor with a Life-Changing Mission 01:20 – The Shocking Incident That Sparked an Innovation 02:47 – Learning Licensing from One Simple Idea 03:52 – From Engineer to Entrepreneur: Creating the First Locking Socket 04:33 – The Push to Commercialize and Start a Company 05:07 – Filing a $50 Provisional Patent and Reaching Out to Companies 07:41 – How Licensing Funded the Launch of Manufacturing in Egypt 08:29 – The Power of Market Research from Licensing Partners 10:34 – Strategic Use of Minimum Guarantees in Licensing Contracts 11:13 – Muhammad’s Wife: The Driving Force in Marketing and Retail Outreach 12:36 – A Look Inside Ali’s Full-Scale Manufacturing Facility 14:02 – Winning Awards and Speaking Around the World 14:47 – Changing Attitudes About Innovation in the Middle East 16:33 – From Self-Doubt to Confidence: The Journey of a Dreamer 17:44 – Universal Challenges: Overcoming Fear to Dream Big 18:26 – Achieving Work-Life Balance After Years of Hustle 19:46 – A New Dream: Inspiring the Next Generation of Inventors 21:15 – Final Reflections on Impact, Growth, and Legacy 22:00 – Closing: From $50 to Global Impact Have a product that companies should know about? Not sure what to do next to license or increase sales of your product? Apply to inventRight's Gateway Program — we are experts in licensing and have built connections with more than 800 companies looking for ideas. Move forward with confidence: https://inventright.com/gateway/ Call: +1 (650) 793-1477 Email: [email protected] 0:00 - Turning $50 into $10M 0:45 - Solving child safety issues 2:06 - First prototype at home 2:47 - Finding One Simple Idea book 3:52 - Learning about licensing 5:07 - Filing a $50 patent 6:27 - Contacting companies for deals 7:41 - Using licensing money to grow 8:29 - Learning from partners 9:08 - Licensing globally, focusing on Egypt 10:34 - Adding minimum sales guarantees 11:13 - Wife’s role in marketing 12:36 - Starting manufacturing in Egypt 14:47 - Inspiring others to dream big 15:58 - Mindset is the real barrier 17:09 - Confidence through action 18:26 - From 18-hour days to balance 19:46 - Next dream: Inspire others 20:27 - Proving success is possible Have an invention idea? Turn it into a product and get it into stores and selling online — we show you how on inventRightTV. Whether you're trying to pitch an idea, make a prototype, get a patent, build a business, or land a licensing deal, you're in the right place. What you need to know to sell an idea and get paid. (Featuring real-life stories from entrepreneurs like you.) Learn what to do when you have an invention idea, including how to: — Pitch your invention ideas to companies who will license them — Protect your idea with a provisional patent application (PPA) — Create a simple prototype (even if you're not an engineer) — License your product and earn royalties (also known as passive income) — Avoid costly mistakes, scams, copycats, and getting ripped off along the way We've helped thousands of inventors license their invention ideas, see their products on the market here: https://inventright.com/members-success/ Hosted by inventRight founders Stephen Key and Andrew Krauss. Most inventors and most products fail. Beat the odds and become a successful inventor! Subscribe to go from idea to product. We are experts in licensing products. Set up a free consultation with inventRight: https://inventright.com/contact/ Hire inventRight to contact companies for you: https://inventright.com/gateway/ Hire inventRight to guide you to a licensing deal: https://inventright.com/coaching/ Get a prototype: https://inventright.com/prototype/ Get strong, affordable protection for your idea: https://inventright.com/patents/ Call +1 (650) 793-1477 Email [email protected] New to product licensing? Read Stephen Key’s book “One Simple Idea”: https://amzn.to/4fwVVOT Free Inventor Resources: https://bit.ly/3AaGko2 About Stephen Key Award-winning inventor with 20+ patents and products sold worldwide. Co-founder of inventRight, bestselling author, and speaker on licensing and IP strategies. About Andrew Krauss Licensing expert with 25+ years of experience. Co-founder of inventRight and former president of one of the nation’s top inventor associations. Speaker at USPTO events and innovation advocate. About inventRightTV The #1 YouTube channel for people who want to turn an idea into a product with 86K+ subscribers and nearly 1M monthly impressions. For sponsorships, email: [email protected] Disclaimer: inventRight is not a law firm. For legal, patent, or trademark advice, consult a professional.