HOUSE_OVERSIGHT_013905.jpg
2.06 MB
Extraction Summary
2
People
13
Organizations
0
Locations
0
Events
1
Relationships
2
Quotes
Document Information
Type:
Resource list / book excerpt (likely from a business/entrepreneurship book)
File Size:
2.06 MB
Summary
This document appears to be a page from a resource guide or business book (resembling the style of Tim Ferriss's 'The 4-Hour Workweek') contained within a House Oversight discovery file (Bates stamped HOUSE_OVERSIGHT_013905). It lists resources for entrepreneurs, including software for screen recording, contacts for licensing inventions (specifically highlighting Stephen Key and InventRight), and strategies for media exposure via HARO. The text provides specific phone numbers, websites, and financial benchmarks for licensing royalties and corporate revenues.
People (2)
| Name | Role | Context |
|---|---|---|
| Stephen Key | Inventor / Founder of InventRight |
Described as a consistently successful inventor specializing in licensing simple products.
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| Tony Robbins | Entrepreneur / Author |
Mentioned as having a 'mega-hit' product associated with Guthy-Renker Corporation.
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Organizations (13)
| Name | Type | Context |
|---|---|---|
| Camtasia |
Software mentioned as industry standard for screen recording.
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| InventRight |
Company offering licensing advice.
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| Disney |
Company that paid royalties to Stephen Key.
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| Nestlé |
Company that paid royalties to Stephen Key.
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| Coca-Cola |
Company that paid royalties to Stephen Key.
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| Guthy-Renker Corporation (GRC) |
Infomercial company with high annual sales.
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| Proactiv Solution |
Product brand associated with Guthy-Renker.
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| Winsor Pilates |
Product brand associated with Guthy-Renker.
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| United States Patent and Trademark Office (USPTO) |
Government agency listed for searching patents.
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| Prof Net / PR Leads |
Resource for becoming a media expert.
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| HARO (Help A Reporter Out) |
Resource for connecting with journalists.
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| CNN |
Media outlet mentioned as a potential source for interviews.
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| New York Times |
Media outlet mentioned as a potential source for interviews.
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Relationships (1)
millions in royalties from companies like Disney, Nestlé, and Coca-Cola
Key Quotes (2)
"Stephen Key is the most consistently successful inventor I’ve ever met, with millions in royalties from companies like Disney, Nestlé, and Coca-Cola."Source
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Quote #1
"Don’t expect more than a 2–4% royalty if you make the cut, but the numbers are huge enough to make it worth a look."Source
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Quote #2
Full Extracted Text
Complete text extracted from the document (2,136 characters)
If you’d like to record the actions on your screen for video tutorials, both of these free programs will get the job done. If you need advanced editing features, Jing’s big brother Camtasia is the industry standard (www.camtasia.com).
Licensing Ideas to Others for Royalties
► InventRight ( www.inventright.com ) (800–701–7993)
Stephen Key is the most consistently successful inventor I’ve ever met, with millions in royalties from companies like Disney, Nestlé, and Coca-Cola. He is not high-tech but specializes in creating simple products, or improving on existing products, and then licensing (renting) his ideas to large corporations. He comes up with the idea, files a provisional patent for less than $200, and then lets another company do the work while he collects checks. This site introduces his fail-proof process for doing the same. His techniques for cold-calling alone are invaluable. Highly recommended.
Stephen Key is the most consistently successful inventor I’ve ever met, with millions in royalties from companies like Disney, Nestlé, and Coca-Cola. He is not high-tech but specializes in creating simple products, or improving on existing products, and then licensing (renting) his ideas to large corporations. He comes up with the idea, files a provisional patent for less than $200, and then lets another company do the work while he collects checks. This site introduces his fail-proof process for doing the same. His techniques for cold-calling alone are invaluable. Highly recommended.
►Guthy-Renker Corporation (www.guthyrenker.com) (760–773–9022) GRC is the 800-pound infomercial gorilla. It brings in more than $1.3 billion per year in sales with mega-hits like Tony Robbins, Proactiv Solution, and Winsor Pilates. Don’t expect more than a 2–4% royalty if you make the cut, but the numbers are huge enough to make it worth a look. Submit your product online.
Searching Patents for Unexploited Ideas to Turn into Products
• ► United States Patent and Trademark Office (www.uspto.gov) (800–786–9199)
• ► Licensable Technologies Developed at Universities ( www.autm.net ; see “view all listings” under “Technology Transfer Offices” )
• ► Inventors Groups and Associations (call and ask if members have anything to license) ( www.uiausa.org/Resources/InventorGroups.htm
Becoming an Expert
►Prof Net via PR Leads (www.prleads.com) and HARO (www.helpareporterout.com)
Receive daily leads from journalists and TV and radio producers looking for experts to cite and interview for media ranging from local outlets to CNN and the New York Times. Stop swimming upstream and start responding to stories people are already working on. HARO offers select leads at no cost, and you
Receive daily leads from journalists and TV and radio producers looking for experts to cite and interview for media ranging from local outlets to CNN and the New York Times. Stop swimming upstream and start responding to stories people are already working on. HARO offers select leads at no cost, and you
HOUSE_OVERSIGHT_013905
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