Mar 15, 2017
Andrew was born and raised in California’s Silicon Valley, where
he grew up being surrounded by passionate innovators—and what he
identified early on as an unhealthy obsession with venture capital.
When he discovered licensing, it was like a light bulb went off.
“Everyone gets excited about raising money,” he said. “But
licensing is much more sexy!” For one, there’s so much less
financial risk—and yet still so much opportunity. He got excited
about teaching inventors how to harness the power of open
innovation and continues to be as excited, if not more, today.
As the day-to-day manager of inventRight’s operations for over
thirteen years and its head coach, Andrew has seen it all—and
coached inventors through it. “At this point, our students have
experienced every scenario you can possibly imagine,” he said.
“Whether it’s communicating with a company that has never licensed
an idea from an outside inventor before or signing a multi-million
dollar deal, we’ve done it.” He continues to be inspired by the
opportunity to work with people who are not only passionate about
their ideas, but also committed to making money from them. He began
coaching inventors over fourteen years ago as the President of the
Inventors’ Alliance group in the San Francisco Bay Area. Andrew
grew Inventors’ Alliance into one of the most active and
well-established associations in the inventors’ community across
the country. His expertise in the field of innovation was federally
recognized when he was asked to advise the last president council
on what changes could be made to the United States Patent and
Trademark Office to better serve independent inventors. He has also
been featured on National Public Radio’s Science Friday and as a
licensing expert at USPTO conferences.
Several years ago, spurred by the feeling that the Bay Area was
getting just a little too crowded, Andrew moved to Henderson,
Nevada with his wife, where they are raising their daughter.
“Every day someone tells us how much we’ve helped them, and that
means the world to me.”
InventRight is a company dedicated to empowering people to bring
their product ideas to market through licensing. They train
students in over 40 countries to use the ten step process created
by Stephen Key and Andrew Krauss and introduced in their book: “One
Simple Idea: How to Turn Your Product Idea Into a Licensing
Goldmine”. www.inventright.com
The Inventors Launchpad – Roadmap to Success Series is presented by
Inventors Launchpad in beautiful Tampa Bay, FL and hosted by
Carmine Denisco. Carmine is an accomplished Author, Entrepreneur,
Inventor and Co-founder/Managing Partner of Inventors Launchpad.
Along with his business partner Rick Valderrama has changed the
face of the invention industry and look forward to helping
inventors from all over the world move their ideas forward. For
more information please visit www.inventorslaunchpad.com