He Earns $800K Per Year From 1 Licensed Idea

Stephen KeyProduct Licensor $800,000+ annual revenue

Stephen Key on YouTube …

Yes, you can license ideas even though you don’t live in United States… companies all around the world – especially here in the United States – are looking for new ideas [that] they can bring to market.

If they license those ideas or rent those ideas from you, they’re going to pay you a royalty on each and every one they sell.

In another video, Stephen shares how much he’s earned licensing some of his ideas…

Disney Ballpens – $10KPlush Puppets – $10KMichael Jordan Wall Ball – $100KSpinformation – $200K quarterly

Lots more info on Stephen’s channel about product licensing

Including interviews with successful product licensors, like this one…

He Earns Passive Income From His Ideas With NO Prototypes…

From a related podcast interview with Sef Chang…

Sef discovered licensing products after graduating college.

He submitted many product ideas to a novelty company. The company was interested in a licensing deal for a miniature keychain back scratcher.

The back scratcher sold 180,000 units and kicked off his career as a product developer.