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Licensing Smarter: Key Deal Terms, Inventor Insights & December Community Updates

What every inventor needs to know about licensing deals, plus live events, podcasts, and community highlights

AuthorAuthor

Brian Fried & Inventor Smart
December 15, 2025 • Estimated Reading Time: 28 minutes

In partnership with

 Inventor Smart Community Newsletter — December 2025

Whether you’re an experienced inventor or a newbie who just came up with your first big idea, the Inventor Smart Monthly Newsletter is for you!

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🗞️ What’s Inside This December Edition

  • 💡 Featured Insight – Licensing Deals 101: Key Terms, Royalties & Red Flags

  • 🧭 Smart Strategy – 5 Key Tips Every Inventor Needs to Know from Brian Fried

  • 🎙️ Live This Week – Ask the Inventor Coach: Premium Insider Q&A

  • 🎧 Inventor Spotlight Podcast – Kerry Cooke & the Spleash Spray Leash

  • 📝 FAQ Highlight – Can I Register Copyright?

  • 🎥 NIC Recap – 2025 Holiday Invention Fair: Inventor-Made Gifts & Live Show

  • 🛠️ Got Invention Show – Be a Guest + Featured Episode

  • 🎙️ Inventor Coach Podcast – Licensing Your Invention: How to Decide If It’s Right for You

  • 🏛️ USPTO Resource – Camp Invention & National Inventors Hall of Fame Programs

  • 🧠 Inventor Resource – Using Accio (Powered by Alibaba.com)

  • 💬 Inventor Advice – Sean Foster, Inventor Smart Community Member

  • 🧠 Invention History – December 1, 1948: Scrabble’s Copyright Registered

  • 📅 Community Events – Live Q&A & December Meetup

  • 💬 Community – Join the Conversation on InventorChat.com

Licensing Deals 101: Key Terms, Royalties & Red Flags

Licensing your invention can be a lucrative way to bring it to market, but understanding the terms is essential. A licensing deal lets you retain ownership of your IP while a licensee handles manufacturing, distribution, and sales. You earn royalties — typically a percentage of the wholesale price, not retail.

Before signing, pay close attention to key contract elements:

  • Scope of the license – patents, designs, trademarks, know-how

  • Territory & sales channels – where and how your product can be sold

  • Exclusivity & term – is it exclusive, for how long, and under what conditions

  • Milestones & minimums – deadlines, first orders, and minimum royalty guarantees

  • Royalties & deductions – define “net sales” and cap allowable deductions

  • Reporting & audit rights – ensure you can verify all royalty payments

  • Quality control & future improvements – retain some control over product use and next-gen versions

  • Sublicensing, indemnity & termination – clarify who can sublicense and under what terms, and protect yourself legally

Be aware of common red flags that can stall or devalue your deal:

  • Undefined “option periods” with no payment or commitment

  • Vague royalty calculations or missing minimums/milestones

  • Unlimited sublicensing or loss of future improvements

  • One-way indemnity or no insurance proof

Licensing is a business deal, not a lottery. The difference between a rewarding agreement and a stalled project lies in the clarity of the contract. Know your terms, demand accountability, and sign only when your invention — and your rights — are fully protected.

5 Key Tips Every Inventor Needs to Know from Brian Fried

Brian Fried, experienced inventor, coach, and licensing expert, offers practical advice to help turn your ideas into successful products.

  1. Treat Your Idea as a Business

Once you have an idea, you are running a business. This means evaluating your idea objectively rather than being emotionally attached. Ask yourself:

  • Does your invention solve a real problem?

  • How is it different from existing solutions?

  • Is the market large enough, and will people pay for it?

  1. Do Thorough Research

Research is critical before moving forward. Check patent databases to avoid infringing on existing ideas and explore retail and online markets to see how similar products perform.

Key points to focus on:

  • Confirm your idea is unique enough to protect.

  • Understand what competitors offer and where your product fits.

This preparation sharpens your strategy and reduces risk.

  1. Seek Honest Feedback

Getting unbiased feedback is essential. Watch out for invention mills that promise quick success for a fee, often without delivering real results. Instead:

  • Ask for references and proof of past success before trusting service providers.

  • Be willing to adapt or pivot your idea based on constructive criticism.

Taking feedback seriously can save you significant time and money. 

  1. Prototype, Protect, Then Pitch

The invention’s philosophy is simple: develop a tangible prototype, secure intellectual property protection, and only then approach potential partners.

  • Build a physical or detailed prototype.

  • File for patent protection (provisional or patent pending).

  • Approach licensees, manufacturers, or retailers.

Following this sequence increases credibility and reduces risk.

  1. Leverage Partnerships

Success often comes from collaboration. Inventors should connect with experts who have already navigated the invention process.

  • Utilize networks of patent attorneys, designers, manufacturers, and marketers.

  • Seek mentorship and community support for accountability and guidance.

Collaboration can accelerate your journey to market.

Bonus Tip: Ask the Hard Questions

Before committing time or resources, evaluate your invention critically.

  • Would I buy this product myself?

  • Does it solve a significant problem?

  • What truly differentiates it from existing products?

Every successful invention starts with a smart strategy, careful research, and the willingness to learn and adapt. By applying Brian Fried’s insights—treating your idea like a business, seeking honest feedback, protecting your work, and leveraging the right partnerships—you can turn your concept into a product that truly stands out. Remember, the key is persistence, preparation, and the courage to take the next step toward bringing your invention to life.

👉 Read the full article here: Brian Fried, Too Many Titles To List!

💡 Ask the Inventor Coach: Live Q&A with Brian Fried

Join us LIVE this Wednesday for an exclusive small-group Q&A with Brian Fried, The Inventor Coach.

📅 Wednesday, Dec 17
🕗 8:00 PM EST / 5:00 PM PST
📍 Live on Zoom (Premium Insider Exclusive)

Have a question about your invention? Whether you’re working on licensing, preparing a pitch, refining a prototype, or figuring out your next steps, this live session is your chance to get direct, real-time guidance from one of the most experienced invention mentors in the industry.

Premium Insiders:
Click the Join Live on Zoom button on the event page for instant access.

Not a Premium Insider yet? Join now and the Zoom button will automatically appear (only visible to Premium Insider members).

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That’s what this newsletter delivers.

The Marketing Millennials is a look inside what’s working right now for other marketers. No theory. No fluff. Just real insights and ideas you can actually use—from marketers who’ve been there, done that, and are sharing the playbook.

Every newsletter is written by Daniel Murray, a marketer obsessed with what goes into great marketing. Expect fresh takes, hot topics, and the kind of stuff you’ll want to steal for your next campaign.

Because marketing shouldn’t feel like guesswork. And you shouldn’t have to dig for the good stuff.

Click the link in the ad to support the Inventor Smart Community and help us continue building a space where inventors can thrive!

Episode 2 — Kerry Cooke & the Spleash Spray Leash

Host Samantha St. Raymond talks with inventor Kerry Cooke, creator of the Spleash Spray Leash — a smart, multi-function leash handle that combines a water bottle, drinking bowl, and spray deterrent into one simple solution for dog owners on the go. Kerry shares how everyday walks with her dog inspired the invention, the challenges of bringing Spleash to market, and key lessons from her inventor journey, including the importance of clear messaging and community support.

🎧 Listen in the Inventor Smart Community App
Also on Spotify, Apple Podcasts, Amazon, YouTube & more

🔗 Learn more about Spleash: https://spleash.com/
▶️ Watch Episode 2: https://www.youtube.com/watch?v=OoDivBHJcsQ

📱 Now Streaming On

📧 Interested in sponsoring the podcast? Email [email protected]

✨ Become a Premium Insider in the Inventor Smart Community App for your chance to be featured on the Inventor Spotlight Podcast!

Frequently Asked Questions

Can I Register Copyright?

In the majority of countries, and according to the Berne Convention, copyright protection is obtained automatically without the need for registration or other formalities.

Most countries nonetheless have a system in place to allow for the voluntary registration of works. Such voluntary registration systems can help solve disputes over ownership or creation, as well as facilitate financial transactions, sales, and the assignment and/or transfer of rights.

Please note that WIPO does not offer a copyright registration system or a searchable copyright database. Find out more about copyright registration and documentation systems.

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Enhance your inventor journey with exclusive benefits:

  • Connect with Experts: Join live Q&A sessions to get personalized advice.

  • Increase Your Visibility: Feature your innovations in community spotlights.

  • Master Your Skills: Enjoy complimentary access to Inventor Class masterclasses.

  • Exclusive Savings: Receive special discounts at InventorMart and on coaching with Brian Fried, The Inventor Coach.

  • Plus, many more perks!

Recap: 2025 Holiday Invention Fair — Inventor-Made Gifts — Live Show

Our annual Holiday Invention Fair was a whirlwind of creativity, inspiration, and community! Inventors showcased their latest products, pitched their ideas, and engaged with attendees in a fast-paced, live shopping experience. We were thrilled to feature presentations from our premium members whose inventions amazed and delighted everyone watching.

The event was a celebration of ingenuity and the perfect opportunity to discover unique, inventor-made holiday gifts. From clever gadgets to one-of-a-kind creations, there was something for every shopper and every purchase helped support real inventors turning their ideas into reality.

Support the inventors and shop their creations today! Discover innovative products, find the perfect gift, and help empower a community of makers.

Stay tuned for more exciting events ahead!

🌟 Be a Guest on The Got Invention Show! 🌟

Are you an inventor ready to share your story and showcase your product?
The Got Invention Show, hosted by Brian Fried, gives inventors a platform to:

✅ Promote your invention
✅ Pitch for licensing or distribution opportunities
✅ Inspire fellow inventors with your journey

Each 30-minute interview highlights your challenges, solutions, lessons learned, and your next steps as an innovator.

👉 Want to be featured? Apply today:
GotInventionShow.com

🎬 Featured Episode

Valerie Guglielmo Inventor of SnozzlePro

Valerie Guglielmo of Chester, CT, says the idea behind her patented product, the SnozzlePro, came to her after her plastic hair dryer attachment popped off and shot across the room one too many times. Instead of reaching for the duct tape, Val solved the problem herself and invented the SnozzlePro—a universal hair dryer nozzle adapter made of silicone that gives concentrators and diffusers the fit and grip they need to stay put. Now available at snozzlepro.com and Amazon, SnozzlePro is also distributed through online wholesalers in Australia, Canada, New Zealand, and the UK.

🔗 Learn more:https://snozzlepro.com/ 

🎧 The Inventor Coach Podcast

Licensing Your Invention: How to Decide If It’s Right for You

Should you license your invention — or launch it yourself?
In this episode, Brian Fried explains how licensing works, why it can be a smart path for many inventors, and how to decide which route fits your goals.

Brian covers what companies look for, the real trade-offs of licensing, and why being prepared makes all the difference.

In This Episode:

🔹 What licensing is (and isn’t)
🔹 Pros vs. trade-offs
🔹 How to tell if licensing is right for you
🔹 What companies expect before saying yes

If you’re deciding between licensing and building a business, this episode will help you think clearly before taking your next step.

🎙️ Listen on all major platforms
Spreaker | YouTube | Spotify | iHeart Radio | Amazon

USPTO: USPTO and National Inventors Hall of Fame programs

Are you looking for an amazing way to spark creativity, curiosity, and confidence in your kids? Camp Invention is just the thing. Designed for children entering grades K–6, this hands‑on summer camp offers fun, inventive STEM experiences inspired by real inventors honored by the National Inventors Hall of Fame.

At Camp Invention, campers rotate through creative, open‑ended challenges where they collaborate with peers, build prototypes, and explore science, technology, engineering, and innovation — all while learning about the value of ideas, patents, and the power of imagining something new. 

If you want to give your child a summer full of inspiration, learning, and endless possibilities, Camp Invention could be the perfect fit.

👉 Discover Camp Invention and help your child dream big: Camp Invention

Inventors Resource: Using Accio powered by Alibaba.com for your invention

In this special edition of the National Inventor Club, Brian Fried sat down with Ziwei Chen of Accio to uncover how this AI-driven platform is transforming the way inventors bring ideas to life. Accio helps you move from concept to manufacturing in minutes, letting you visualize ideas, research competitors, run instant patent searches, and connect directly with qualified manufacturers.

Whether you're evaluating market potential, exploring licensing opportunities, or preparing for production, Accio offers powerful tools designed to save inventors time, money, and unnecessary trial-and-error. Ziwei also shared valuable guidance on protecting intellectual property and using AI to identify blind spots early in the process, giving inventors a stronger, smarter strategy from the start.

🎁 Special NIC Member Offer
Try Accio and get 10% off using this link:
https://www.accio.com/?src=f_pn_inventorsmart

Accelerate Your Invention Journey with Premium Insider Access

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💬 Advice from an Inventor

❝

“Embrace failure. Learn from mistakes. Find the spaces and communities that energize you, and use them to fuel your long-term goals.”

Sean Foster, Inventor Smart Community Member

 

INVENTION HISTORY: December 1, 1948: Scrabble's copyright registered.

The holiday season is the perfect time to gather with family and enjoy a fun board game. Why not try a classic like Scrabble, where wordplay meets friendly competition?

Scrabble has an interesting history: it was originally designed in 1931 by architect Alfred Mosher Butts as Lexico, a game without a board where players scored points for words. Later, he added the 15-by-15 grid and tile rack, calling it Criss-Crosswords. After a rejected patent and difficulty selling it, the game was shelved—until James Brunot stepped in.

Brunot refined the rules, rearranged premium squares, renamed it Scrabble, and received the copyright on December 1, 1948. Production started small in the Brunots’ living room, but by 1952 demand had grown so much that Macy’s began selling it, and Scrabble eventually became a household name, with over 150 million sets sold worldwide.

This holiday season, gather your family, pull out the tiles, and celebrate a game that has entertained generations!

Stay Connected with the Inventor Smart Community

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Here’s what’s coming up next in the Inventor Smart Community App. Join us live for expert guidance and community connection.

Upcoming Events

• Ask the Inventor Coach: Live Q&A with Brian Fried
Wed, Dec 17 • 8:00 PM (EST) • Online

• Inventor Smart Community Meetup: Connect & Network
Mon, Dec 22 • 8:00 PM (EST) • Online

Add event to calendar

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Join the Conversation at InventorChat.com

Have a question? Hit a roadblock? Or maybe you just scored a small win worth sharing?

Inventor Chat is your always-open hangout for real inventor talk, no sales pitches, no pressure. Just a place to swap ideas, share progress, get feedback, and see what other innovators are building.

It’s free, it’s 24/7, and it’s where our community keeps the momentum going between meetups and events.

👉 Jump in now at InventorChat.com, your next breakthrough might just start with a conversation.

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Thank You to Our Sponsors!

We extend our heartfelt thanks to our sponsors for their invaluable support to the Inventor Smart Community. Their contributions help us provide essential services and resources to inventors everywhere.

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Interested in promoting your product or service in our future newsletters? We offer exclusive sponsorship opportunities to help you reach a targeted audience of inventors and innovators.

Email Us or call (631) 565-7074

Join the Inventor Smart Community

Stay connected, unlock exclusive resources, and become part of a vibrant network of inventors. The Inventor Smart Community website is your central hub for networking, learning, and sharing innovative ideas.

Don't miss out—join now and take your invention journey to the next level!

Brian Fried's Latest Book - Now Available on Audio!

Discover the insights and strategies from Brian Fried, "The Inventor Coach," in his latest book. Whether you're just starting out or looking to enhance your invention journey, this book is packed with valuable advice. And now, it's available in audiobook format for your convenience!

Listen to the audiobook on Audible: Get it on Audible here

InventorMart

A shop for Inventors, innovators, and patent holders. You've worked hard on your invention, now you can wear DESIGNS & MERCH made with you in mind! Find shirts, hoodies, sweatshirts, hats, stickers, blankets, and over 1,000 unique items to show that you are proud to be an inventor. Check out InventorMart at InventorMart

About Brian Fried

Brian Fried, widely recognized as "The Inventor Coach," is an accomplished innovator, author, and speaker with over 20 years of experience guiding inventors on their journey from idea to reality.

With 15 patents to his name, Brian has successfully licensed and manufactured his own inventions, earning recognition through QVC, infomercials, catalogs, and major retailers. As an invention licensing agent, Brian offers personalized coaching to help inventors commercialize their ideas into tangible products.

Brian is the founder of the National Inventor Club, a thriving community for inventors to collaborate, network, and access valuable resources. He also serves as the Chief Invention Officer at Inventor Smart, where he supports inventors through product development, licensing, and commercialization strategies.

In October 2023, Brian launched the Inventor Smart Community app, available on Google Play and the Apple App Store. This innovative platform serves as a social network and resource hub exclusively for inventors, fostering connections and providing tools to support their creative endeavors.

As an engaging speaker, Brian captivates audiences with his expertise on invention and innovation. He has authored three practical books for aspiring inventors and hosts the "Got Invention Show," a platform showcasing inventors and their creations, offering them valuable exposure.

With his extensive experience, resourcefulness, and passion for helping inventors succeed, Brian Fried is a trusted figure in the invention community, dedicated to turning ideas into reality.

Thank You for Reading

We hope you enjoyed the December 2025 edition of the Inventor Smart Community Newsletter!

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🌐 Visit: inventorsmart.com | app.inventorsmart.com

Inventively Yours,
Brian Fried & The Inventor Smart Team

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