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[Music] so you have an idea for an awesome new physical product well now what thats the question you have to answer as a first-time inventor is what am i supposed to do next should i license my product idea to a big company should i look for manufacturers maybe you get a prototype or a patent or maybe i should contact one of those invention help companies well if you arent exactly clear on what to do next you certainly arent alone feeling overwhelmed by the products launch process isnt just common its pretty much universal amongst inventors in fact an entire industry has been built preying on first-time inventors and for the past 30 or so years a handful of companies in particular have gotten filthy rich selling inventors on a dream heres how it usually goes step one an invention company promises to get your product idea in front of the right companies for licensing who should of course eagerly agree to take over your idea and then feed you those juicy royalty checks from now to
