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Title: How to License Your Million Dollar Idea: Everything You Need to Know to Make Money from Your New Product Idea by Harvey Reese ISBN: 0-471-58050-3 Publisher: John Wiley & Sons Pub. Date: 01 August, 1993 Format: Paperback Volumes: 1 List Price(USD): $19.95

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Average Customer Rating: 4.33 (15 reviews)

Rating: 4
Summary: Very reader friendly, but focuses on toys
Comment: I learned a lot when reading this book. It gives a good overview of how one goes about licensing an idea or invention. Harvey Reese has experience in "inventing" simple ideas like toys or board games. As a result, his examples are simple and easy to understand. He also shows when, and when NOT, to patent an idea. In his case, he has developed relationships with many manufacturers who trust him and are trustworthy. He walks you through the "selling" process, and provides ready-made contracts and tips for you to use when negotiating royalties. This is where I found the most value from the book. But it is toward the end.

I would recommend it as just one recipe to licensing an idea. There are other ways, but I haven't seen another book like it to compare. So in that sense, it is a must have.

Rating: 5
Summary: Harvey Reese knows what he is talking about
Comment: My mind is always working and coming up with ideas. Until I read this book, I had no idea what to do with them or how I could make money on them. I always thought that I would need a patent.

By reading this book, Harvey Reese took me step by step through the ideation, creation, and licensing of new product ideas.

Mr. Reese has licensed a number of his ideas in the toy industry and has been very successful. This book gave me the get up an go to get out there and make money off of my ideas.

BTW, I found Harvey's website. It's www.money4ideas.com for anyone that would like to know. He did not put this in his book, but it is an excellent resource and a way to get a hold of him.

Rating: 5
Summary: Highly Recommend
Comment: This book has been recommended by many Inventors' Alliance...speakers and is the first book you should read if you choose to license your idea instead of manufacturing it yourself. The author offers a very reasonable product evaluation.

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