{"id":6397,"date":"2015-05-07T09:00:04","date_gmt":"2015-05-07T16:00:04","guid":{"rendered":"http:\/\/www.ttinvent.com\/?p=6397"},"modified":"2015-11-07T07:09:57","modified_gmt":"2015-11-07T15:09:57","slug":"034-stephen-key","status":"publish","type":"post","link":"http:\/\/developinginnovators.com\/education\/?p=6397","title":{"rendered":"034 &#8211; Inventing and Licensing with Stephen Key"},"content":{"rendered":"<p><a name=\"backtotop\"><\/a>\u00a0<\/p>\n<p style=\"text-align: center;\"><div class=\"smart-track-player-container stp-color-60b86c-EEEEEE spp-stp-desktop\" data-uid=\"02bc168b\"><\/div><div class=\"spp-shsp-form spp-shsp-form-02bc168b\"><\/div>\n<div align=\"center\">\n<table border=\"0\" width=\"90%\" cellspacing=\"5\" cellpadding=\"5\">\n<tbody>\n<tr>\n<td style=\"vertical-align: top;\" colspan=\"2\" valign=\"center\" width=\"360\">\n<p><img loading=\"lazy\" class=\"alignleft wp-image-6777\" src=\"http:\/\/ttinvent.com\/wp-content\/uploads\/2015\/05\/034_StephenKeyProducts-500x500.png\" alt=\"Stephen Key - One Simple Idea\" width=\"350\" height=\"350\" srcset=\"http:\/\/developinginnovators.com\/education\/wp-content\/uploads\/2015\/05\/034_StephenKeyProducts-500x500.png 500w, http:\/\/developinginnovators.com\/education\/wp-content\/uploads\/2015\/05\/034_StephenKeyProducts-150x150.png 150w, http:\/\/developinginnovators.com\/education\/wp-content\/uploads\/2015\/05\/034_StephenKeyProducts-624x624.png 624w, http:\/\/developinginnovators.com\/education\/wp-content\/uploads\/2015\/05\/034_StephenKeyProducts-300x300.png 300w, http:\/\/developinginnovators.com\/education\/wp-content\/uploads\/2015\/05\/034_StephenKeyProducts-75x75.png 75w, http:\/\/developinginnovators.com\/education\/wp-content\/uploads\/2015\/05\/034_StephenKeyProducts.png 750w\" sizes=\"(max-width: 350px) 100vw, 350px\" \/><\/p>\n<div style=\"text-align: center;\" align=\"center\">\u00a0<p><div class=\"su-button-center\"><a href=\"https:\/\/itunes.apple.com\/us\/podcast\/table-top-inventing\/id924905062?mt=2&amp;uo=4\" class=\"su-button su-button-style-stroked\" style=\"color:#FFFFFF;background-color:#2A339F;border-color:#222980;border-radius:5px;-moz-border-radius:5px;-webkit-border-radius:5px\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color:#FFFFFF;padding:6px 16px;font-size:13px;line-height:20px;border-color:#6a71bc;border-radius:5px;-moz-border-radius:5px;-webkit-border-radius:5px;text-shadow:none;-moz-text-shadow:none;-webkit-text-shadow:none\"><i class=\"sui sui-thumbs-o-up\" style=\"font-size:13px;color:#FFFFFF\"><\/i> Leave a Review in iTunes<\/span><\/a><\/div><\/p>\r\n<h2 align=\"center\"><span style=\"font-size: 14pt;\">\u00a0Get updates every week. <\/span><br \/>\r\n <span style=\"font-size: 14pt;\">Subscribe in iTunes, YouTube, or Libsyn!<\/span><\/h2>\r\n<div align=\"center\"><a href=\"https:\/\/itunes.apple.com\/us\/podcast\/table-top-inventing\/id924905062\" target=\"_blank&quot;\"><img src=\"http:\/\/ttinvent.com\/wp-content\/uploads\/2015\/01\/iTunes.jpg\" alt=\"Subscribe in iTunes\" width=\"75\" height=\"75\" \/><\/a><a href=\"http:\/\/ttinvent.libsyn.com\/\" target=\"_blank\"><img src=\"http:\/\/ttinvent.com\/wp-content\/uploads\/2015\/01\/libsyn.jpg\" alt=\"Subscribe in Libsyn\" width=\"75\" height=\"75\" \/><\/a><a href=\"http:\/\/www.youtube.com\/subscription_center?add_user=TableTopInventing\" target=\"_blank\"><img src=\"http:\/\/ttinvent.com\/wp-content\/uploads\/2015\/01\/YouTube-Button-150x150.png\" alt=\"YouTube-Button\" width=\"75\" height=\"75\" \/><\/a><\/div>\r\n<div style=\"text-align: left;\" align=\"center\">\u00a0<\/div><\/div>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" valign=\"center\">\n<p style=\"text-align: center;\"><span style=\"font-size: 10pt;\">[<a title=\"Jump to &quot;In This Episode&quot;\" href=\"#InThisEpisode\">In This Episode<\/a>][<a title=\"Jump to &quot;Guest Bio&quot;\" href=\"#GuestBio\">Guest Bio<\/a>][<a title=\"Jump to &quot;Additional Notes&quot;\" href=\"#AdditionalNotes\">Additional Notes<\/a>][<a title=\"Jump to &quot;Text Transcript&quot;\" href=\"#TextTranscript\">Text Transcript<\/a>]<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 275px; vertical-align: top;\" colspan=\"2\" valign=\"center\" width=\"275\">\n<h2><strong><span style=\"font-size: 14pt;\"><a id=\"InThisEpisode\"><\/a>In This Episode<\/span><\/strong><\/h2>\n<figure id=\"attachment_6778\" aria-describedby=\"caption-attachment-6778\" style=\"width: 350px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" class=\"wp-image-6778\" src=\"http:\/\/ttinvent.com\/wp-content\/uploads\/2015\/05\/034_StephenKeyTiger-500x500.png\" alt=\"Stephen Key - One Simple Idea author - with a tiger!\" width=\"350\" height=\"350\" hspace=\"5\" vspace=\"5\" srcset=\"http:\/\/developinginnovators.com\/education\/wp-content\/uploads\/2015\/05\/034_StephenKeyTiger-500x500.png 500w, http:\/\/developinginnovators.com\/education\/wp-content\/uploads\/2015\/05\/034_StephenKeyTiger-150x150.png 150w, http:\/\/developinginnovators.com\/education\/wp-content\/uploads\/2015\/05\/034_StephenKeyTiger-624x624.png 624w, http:\/\/developinginnovators.com\/education\/wp-content\/uploads\/2015\/05\/034_StephenKeyTiger-300x300.png 300w, http:\/\/developinginnovators.com\/education\/wp-content\/uploads\/2015\/05\/034_StephenKeyTiger-75x75.png 75w, http:\/\/developinginnovators.com\/education\/wp-content\/uploads\/2015\/05\/034_StephenKeyTiger.png 750w\" sizes=\"(max-width: 350px) 100vw, 350px\" \/><figcaption id=\"caption-attachment-6778\" class=\"wp-caption-text\">Stephen Key &#8211; One Simple Idea author &#8211; with a tiger!<\/figcaption><\/figure>\n<p>Do you need a patent to make money on a great idea? What choices to inventors have to bring their ideas to market? Can you start a successful business as an art major?<\/p>\n<p>Hey there, Innovation Nation! Today we&#8217;re talking inventing&#8211;one of my favorite subjects&#8211;and I just read a great quote by the business strategist Gary Hamel:<\/p>\n<blockquote>\n<p>&#8220;As human beings, we are the only organisms that create for the sheer stupid pleasure of doing so. Whether it&#8217;s laying out a garden, composing a new tune on the piano, writing a bit of poetry, manipulating a digital photo, redecorating a room, or inventing a new chili recipe &#8211; we are happiest when we are creating.&#8221;<\/p>\n<\/blockquote>\n<p>I agree whole-heartedly as does my guest on the podcast today, inventing coach <strong>Stephen Key<\/strong>. I just lose track of time when I&#8217;m creating something, whether it be a recipe I&#8217;m developing or a 3D design I&#8217;m making and printing in our 3D printing lab. I am truly happiest when I&#8217;m creating.<\/p>\n<p>We believe this idea so strongly that we&#8217;ve built a whole company around it, including on of our favorite activities&#8211;Inventor&#8217;s Bootcamp. We fill a room with 3D printers, embedded processors, sensors, 3D design software, and computers for programming, and then set students free to discover that ever dangerous idea: I can learn on my own. In every class, several students are set free to discover the universe without the limits imposed by others.<\/p>\n<p>To find out more about the Inventor&#8217;s Bootcamp visit <strong><a href=\"http:\/\/inventing.zone\" target=\"_blank\">http:\/\/inventing.zone<\/a>\u00a0<\/strong>or you can just visit <strong><a href=\"http:\/\/www.TTInvent.com\" target=\"_blank\">http:\/\/www.TTInvent.com<\/a><\/strong> and click the <strong>Inventor&#8217;s Bootcamp button<\/strong>.<\/p>\n<p>Our guest today is a well-known inventor and coach to upcoming inventors. His students have been on the television show &#8220;Shark Tank&#8221;, and most of us have probably used one or more products designed and licensed by <strong>Stephen Key<\/strong>. Today&#8217;s interview is a peak into the mind of a great inventor.<\/p>\n<p><a style=\"font-family: inherit; font-size: inherit; line-height: 1.5;\" href=\"#backtotop\"><img loading=\"lazy\" src=\"http:\/\/ttinvent.com\/wp-content\/uploads\/2014\/11\/top.gif\" alt=\"Click here to go to the top of the page\" width=\"17\" height=\"9\" \/><\/a><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 275px; vertical-align: top;\" colspan=\"2\" valign=\"center\" width=\"275\">\n<h2><a id=\"About\"><\/a><strong><span style=\"font-size: 14pt;\">About\u00a0Stephen<\/span><\/strong><\/h2>\n<p><strong>Stephen Key<\/strong> is an award-winning inventor, a renowned intellectual property strategist, and a successful entrepreneur. The more than 20 products he has licensed over the past 35 years have sold in Walmart, 7-Eleven, and Disney stores and theme parks worldwide, as well as been endorsed by Michael Jordan, Alex Trebek, and Taylor Swift. Stephen is the Chief Technical Officer of <strong><a href=\"http:\/\/spinlabels.com\" target=\"_blank\">SpinLabel Technologies<\/a><\/strong> as well as a co-founder of<strong> <a href=\"http:\/\/inventright.com\" target=\"_blank\">inventRight<\/a><\/strong>, a company that teaches people how to license their ideas. His first book, <strong><a href=\"http:\/\/www.amazon.com\/gp\/product\/1491581077\/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=1491581077&amp;linkCode=as2&amp;tag=tabtopinv-20&amp;linkId=GXAOYDZ7DSLPI3AH\" target=\"_blank\">One Simple Idea: Turn Your Dreams Into a Licensing Goldmine While Letting Others Do the Work<\/a><\/strong>, has been translated into five other languages. He writes a popular weekly column for <strong><a href=\"http:\/\/www.inc.com\/author\/stephen-key\" target=\"_blank\">Inc.com<\/a><\/strong> and is long-standing contributor to <strong><a href=\"http:\/\/www.entrepreneur.com\/author\/stephen-key\" target=\"_blank\">Entrepreneur.com<\/a><\/strong>.<\/p>\n<p><a style=\"font-family: inherit; font-size: inherit; line-height: 1.5;\" href=\"#backtotop\"><img loading=\"lazy\" src=\"http:\/\/ttinvent.com\/wp-content\/uploads\/2014\/11\/top.gif\" alt=\"Click here to go to the top of the page\" width=\"17\" height=\"9\" \/><\/a><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" valign=\"center\" width=\"275\">\n<h2><strong><span style=\"font-size: 14pt;\"><a id=\"AdditionalNotes\"><\/a>Additional Notes<\/span><\/strong><\/h2>\n<p><strong>Connect:<\/strong><\/p>\n<ul style=\"list-style-type: square;\">\n<li><strong>Email<\/strong>: \u00a0<a href=\"mailto:media@stephenkeymedia.com\" target=\"_blank\">media@stephenkeymedia.com<\/a><\/li>\n<li><strong>Twitter<\/strong>: <a href=\"http:\/\/twitter.com\/stephenkeymedia\" target=\"_blank\">@stephenkeymedia<\/a><\/li>\n<li><strong>LinkedIn<\/strong>: <a href=\"http:\/\/linkedin.com\/in\/stephenmkey\" target=\"_blank\">stephenmkey<\/a><\/li>\n<\/ul>\n<p><strong>Links:<\/strong><\/p>\n<ul style=\"list-style-type: square;\">\n<li class=\"p1\"><strong>Books<\/strong>\n<ul>\n<li class=\"p1\"><strong>Sell Your Ideas With or Without A Patent<\/strong> (Stephen&#8217;s newest book <a href=\"http:\/\/www.amazon.com\/gp\/product\/1507885733\/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=1507885733&amp;linkCode=as2&amp;tag=tabtopinv-20&amp;linkId=OCRTSZRUM2JVSVMK\" target=\"_blank\">on Amazon<\/a>)<\/li>\n<li class=\"p1\"><strong>One Simple Idea<\/strong> (<a href=\"http:\/\/www.amazon.com\/gp\/product\/1491581077\/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=1491581077&amp;linkCode=as2&amp;tag=tabtopinv-20&amp;linkId=GXAOYDZ7DSLPI3AH\" target=\"_blank\">on Amazon<\/a>)<\/li>\n<li class=\"p1\"><strong>One Simple Idea for Startups and Entrepreneurs<\/strong> (<a href=\"http:\/\/www.amazon.com\/gp\/product\/0071800441\/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=0071800441&amp;linkCode=as2&amp;tag=tabtopinv-20&amp;linkId=BVBTSBLOLPRBMCFA\" target=\"_blank\">on Amazon<\/a>)<\/li>\n<\/ul>\n<\/li>\n<li class=\"p1\">\n<p><strong>Stephen&#8217;s Website: <\/strong><a href=\"http:\/\/www.inventright.com\/\" target=\"_blank\">http:\/\/www.inventright.com\/<\/a><\/p>\n<\/li>\n<li class=\"p1\">\n<p><strong>Invent Right Podcast<\/strong> (on BlogTalkRadio): <a href=\"http:\/\/www.blogtalkradio.com\/inventright\" target=\"_blank\">http:\/\/www.blogtalkradio.com\/inventright<\/a><\/p>\n<\/li>\n<li class=\"p1\">\n<p><strong>Spin Label Technologies:<\/strong> <a href=\"http:\/\/www.spinlabels.com\/\" target=\"_blank\">http:\/\/www.spinlabels.com\/<\/a><\/p>\n<\/li>\n<\/ul>\n<p>\u00a0<a href=\"#backtotop\"><img loading=\"lazy\" class=\"\" src=\"http:\/\/ttinvent.com\/wp-content\/uploads\/2014\/11\/top.gif\" alt=\"Click here to go to the top of the page\" width=\"17\" height=\"9\" \/><\/a><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 275px; vertical-align: top;\" colspan=\"2\" valign=\"center\" width=\"275\">\n<h2><strong><span style=\"font-size: 14pt;\"><a id=\"TextTranscript\"><\/a>Full Text Transcript &#8211;\u00a0<\/span><\/strong><span style=\"font-size: 14pt;\"><strong>Coming Soon!<\/strong><\/span><\/h2>\n<blockquote>\n<p>&#8220;I think I failed the second grade.&#8221; &#8212;<strong>Stephen Key<\/strong> (a successful entrepreneur<\/p>\n<\/blockquote>\n<p>&nbsp;<\/p>\n<p>&#8220;Companies need us!&#8221; &#8212;<strong>Stephen Key<\/strong> (re: small time inventors and innovators)<\/p>\n<p>&nbsp;<\/p>\n<blockquote>\n<p>&#8220;I was tested by the local college&#8217;s DSPS office, and the scores came back so low, they said, &#8216;Mr. Key, we don&#8217;t think there&#8217;s anything you can do in society to make a living.&#8217; I kind of smiled, and I knew that the scores would be low. I had created my own world and was successful in creating ideas. I had to kind of chuckle&#8230;I think some people just learn differently.&#8221; &#8212;<strong>Stephen Key<\/strong> (a very successful inventor)<\/p>\n<\/blockquote>\n<p class=\"p1\"><a href=\"#backtotop\"><br \/> <img loading=\"lazy\" src=\"http:\/\/ttinvent.com\/wp-content\/uploads\/2014\/11\/top.gif\" alt=\"Click here to go to the top of the page\" width=\"17\" height=\"9\" \/><\/a><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Do you need a patent to make money on a great idea? What choices to inventors have to bring their ideas to market? Can you start a successful business as an art major? Our guest today is a well-known inventor and coach to upcoming inventors. His students have been on the television show &#8220;Shark Tank&#8221;, and most of us have probably used one or more products designed and licensed by Stephen Key. Today&#8217;s interview is a peak into the mind of a great inventor.<\/p>\n<div class=\"read-more\"><a href=\"http:\/\/developinginnovators.com\/education\/?p=6397\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":1,"featured_media":6778,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"_links_to":"","_links_to_target":""},"categories":[387,388,337],"tags":[472,451,471,469,468,470,467],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"http:\/\/developinginnovators.com\/education\/wp-content\/uploads\/2015\/05\/034_StephenKeyTiger.png","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9PzL0-1Fb","_links":{"self":[{"href":"http:\/\/developinginnovators.com\/education\/index.php?rest_route=\/wp\/v2\/posts\/6397"}],"collection":[{"href":"http:\/\/developinginnovators.com\/education\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/developinginnovators.com\/education\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/developinginnovators.com\/education\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/developinginnovators.com\/education\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6397"}],"version-history":[{"count":9,"href":"http:\/\/developinginnovators.com\/education\/index.php?rest_route=\/wp\/v2\/posts\/6397\/revisions"}],"predecessor-version":[{"id":8868,"href":"http:\/\/developinginnovators.com\/education\/index.php?rest_route=\/wp\/v2\/posts\/6397\/revisions\/8868"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/developinginnovators.com\/education\/index.php?rest_route=\/wp\/v2\/media\/6778"}],"wp:attachment":[{"href":"http:\/\/developinginnovators.com\/education\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/developinginnovators.com\/education\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6397"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/developinginnovators.com\/education\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}