Should I License or Manufacture My Invention?

Choosing between licensing and manufacturing depends on your goals and resources. Licensing means letting another company produce and sell your product while you earn royalties. It’s a less risky option if you lack funding or manufacturing expertise. Manufacturing gives you full control and potential for higher profits but requires significant investment and effort. Weigh the pros and cons carefully, considering your time, budget, and business skills before deciding.

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My Journey from Designer to Inventor

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How to Pitch Your Idea to a Company