This is a summary review of One Simple Idea containing key details about the book.

What is One Simple Idea About?

“One Simple Idea” by Stephen Key provides a step-by-step guide for inventors and entrepreneurs to bring their ideas to market. (Full Summary…)

One Simple Idea Summary Review

“One Simple Idea, Revised and Expanded Edition” by the accomplished inventor Stephen Key emerges as an indispensable guide for aspiring entrepreneurs and creative minds seeking to navigate the complexities of transforming ideas into lucrative products. A revised edition of Key’s previous bestseller, the book showcases his extensive experience, having licensed more than 20 product ideas.

The central theme revolves around the process of turning a simple idea into a marketable product, enticing companies to license it. Key delves into cutting-edge product development, sales strategies, and negotiation tactics, ensuring the book’s relevance in the ever-evolving entrepreneurial landscape. Real-life success stories, seamlessly integrated into the narrative, serve as inspirational pillars for readers on their entrepreneurial journey.

What sets this edition apart is Key’s adept exploration of contemporary trends and technologies, making the seemingly intricate process of product development and licensing accessible to a broad audience. The book accommodates readers of all levels of expertise, with a writing style that is clear, engaging, and practical.

In summary, “One Simple Idea, Revised and Expanded Edition” offers a comprehensive and accessible roadmap for transforming innovative ideas into tangible success stories. Stephen Key’s expertise and the incorporation of real-life success stories enhance the book’s credibility, making it a valuable resource for anyone looking to navigate the dynamic world of entrepreneurship.

Who is the author of One Simple Idea?

Stephen Key is the world’s leading expert in licensing consumer product ideas and a 2018-2019 American Association for the Advancement of Science-Lemelson Invention Ambassador.

How long is One Simple Idea?

• Print length: 256 pages

What genre is One Simple Idea?

Business, Entrepreneurship, Nonfiction

What are good quotes from One Simple Idea?

“Unlike design and plant patents, however, a utility patent currently requires the patent holder to pay a maintenance fee of $800 at three and a half years, $1,800 at seven and a half years, and $3,700 at eleven and a half years. If you have licensed your patent to a firm that has more than 500 employees, these fees double. Failure to pay a maintenance fee results in the termination of the patent.”