We all have great ideas, and every day, ordinary people turn their simple, clever ideas into products or services that earn them millions in royalties. So what separates those who earn money exploiting their ideas from those who don't? The answer is in your hands: this audio book gives you all the information and all the motivation you need to turn your ideas into money without investment or financial risk.

Totally revised and updated, this Second Edition covers recent changes in patent law and how the Internet has impacted modern licensing.

Author Harvey Reese, a successful new product developer, consultant and licensing agent, reveals his proven step-by-step process for formulating an idea that manufacturers are willing to pay for and gives you the nuts and bolts information on patents, negotiating the deal and the licensing process. Filled with examples of successful, well-known licensing ventures, How to License Your Million Dollar Idea has all the information and motivation you need to grow your idea into a fortune.