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so were going to talk about lice today there are three things an inventor can engine and licensing is just one of the three so for the general practitioner who has an inventors show up at his or her office a lot of times the inventor will be questioning exactly what they can do to try to make money off their invention now theyre basically three ways that Ive seen that people can do it the first is they can make it and sell it themselves the second is they can assign their patent rights to another company or to a person as in they sell their patent rights the third is a rental of their patent rights which is a license and so were going to be covering the third of those which is licensing your patent rights to another person first so lets go over some of the advantages and disadvantages of the different means by which an inventor can try to make money off their invention so the first is making it and selling it yourself now to a lot of the inventors when they first walk into your o