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[Music] okay everybody steven key here and today im going to talk about something thats really important youve done everything right you have created a great product idea you found the right potential licensee thats going to love your product maybe you built a prototype maybe you filed some protection but youve done all these things right and youve docHubed out to a company maybe through linkedin or maybe you emailed them it does not matter but now they looked at it and now they have some questions for you how do you prepare for those questions i dont care if theyre small companies i dont care if theyre big companies theyre going to be asking you these five basically five questions and im gonna go through all five okay here we go number one the first question what are they gonna ask i dont care like i said i dont care if theyre really big i dont care if theyre really small they always come out with do you have a patent on that i hear that all the time and thats kind of