He Made $100,000 From a Simple Product Idea (Without Manufacturing or Selling It) (Part 1/2)

Millionaire University · Sep 30, 2026 · 28m

#1102 What if you could turn a simple product idea into $100,000 without ever manufacturing or selling it yourself? In Part 1 of this two-part episode, Brien Gearin sits down with Stephen Key, co-founder of InventRight, to explore how everyday inventors can turn their ideas into income through product licensing. Stephen shares how a simple Michael Jordan basketball toy earned him $100,000 in royalties in its first year and explains how you can get companies to manufacture, market, and sell your products while you collect royalties! Discover how to identify potential licensing partners, pitch…