How to License Your Million Dollar Idea: Cash In On Your Inventions, New Product Ideas, Software, Web Business Ideas, And More

I am a patent attorney so I bought this book hoping its something I could recommend to my clients most of which are small inventors and most of which want to license their invention rather than build it and sell it. There Is a section on patents in it and well you are entitled to your own opinion but not your own facts. The author talks about the 17 year life of patents. That hasn't been the case for almost 20 years now. Its 20 years from filing. The author gives an explaination of first to invent however we are a first to file country now. His Explaination of a "poor man's patent" is just incorrect and his explaination of what a provisional patent application is and what needs to be in it is just wrong too. He keeps using the term provisional patent but there is no such thing. A provisional is only an application designed to shift when the 20 year term starts. while I am not a licensing expert I see licenses all day long and companies don't pay license fees for a product that their competitors can make for free. Seriously how much would you pay for a license to a product that your competitors could sell without the license fee and actually charge less for the product than you have to pay. I can't vouch for the entire book and there may be some things in the book that are correct but based on the things I work with every day this book is way off base. I certainly cant recommend this book. There has to be others that do a better job than this. Did everyone notice that with all the positive reviews there is not a single review that says...I used the information in this book and actually used it to license a product. I think I know why.

This book is a four-in-one, that is, Knute Rockne for the personal motivation to get off your butt and get your idea out there, Don Trump for the hands-on, how-to of the dirty business of business, Dale Carnegie for the clever psychological maneuvers and ploys needed to win the (cold) hearts and (slow) minds of the drones in the companies you want, and Inventing-for-Dummies, which is self-explanatory and if it isn't, you need much more than this book. To me the ultimate compliment for a book is to say that I after I read it on the toilet in my Kindle, I quick-like-a-bunny ordered a hard copy for my shelf in my office and that's what I did with LICENSE your MILLION DOLLAR IDEA. Good job, Harvey!

Awesome read...as newly entrepreneur trying to create my invention without any money or business connections...the author really has written a well instructional book to guide entrepreneur in saving money, reliable resources, presentation ideas, ways to connect major retailers or distributors, and etc. Easy to understand and very inspirational...inspires you to start up your business and imagine being on top of the world!!!

The title is misleading - not hard to think this is a get-rich-quick book. In fact it is very helpful for anyone that wants to license an idea. It discusses how to prepare to pitch your idea, how to contact people who might be interested, and how/when you might need to protect your invention.

Reese has put a lot of info in this book, and covers all the aspects required in turning an idea into real cash. I liked how he differentiated an "idea" from "idea for an idea" - which for me was an eye opener, and the fact that not all ideas need to be patented to be turned into money.Overall a very good, easy to read book that shows you exactly what the title says, and does it well.

Bought 2 licensing books. This is good, but it covers more than I wanted--which isn't the reason for the non-5 star rating. The reason for the rating is that is tries to cover too many things to license and isn't particularly helpful in locating places or creating agreements and such. It's a GREAT basic reference, but if you're looking for any true help and specifics, this ain't the book for you.

Although it was not specific to my invention, it had a lot of information which was easy to understand and not long winded like the other books I purchased. Straight to the point.

both lighthearted & informative. using this book as a guide I now have 2 products to market . My original book was dog-eared & highlighted . a treasure.... but I loaned it to someone & it never came back. purchased this copy to replace my old one .

What the advert fails to explain is that all references here are for the US market so not applicable to UK. As a consequence I've binned the book as useless for all practical purposes.

The book is quite high-level, and based on the U.S. market. Nevertheless it is a good motivator, and explains the general concepts well.