Events › How to Monetize Your Invention

After many long hours tinkering in your garage, you just invented the “next big thing”!

Once the initial excitement wears off, however, you begin to ask yourself the obvious next question: How am I going to get this product to market? Attempting to generate the answer has paralyzed many investors and resulted in countless revolutionary products never making it to their intended consumers.

The inventor has three main options available: (1) sell the invention to a third party; (2) license the invention to a third party; or (3) bring the invention to market. Understanding the pros and cons of each approach is critical to making an informed decision.

Topics for this seminar will include:

• Selling the invention
• Licensing the invention
• Bringing the invention to market
• Avoiding the shady intermediary

Sponsored By: Pima County Public Library

Presenters: Brian Burt

Since 1964, SCORE (Service Corps of Retired Executives) has helped more than 17 million entrepreneurs start, grow or successfully exit a business. SCORE's 10,000 volunteers provide free, expert mentoring, resources and education in all 50 U.S. states and territories. Visit SCORE Southern Arizona