What's new

Should I License my idea through my school?

Idea threads

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 39,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Forum membership removes this block.

MadStacks

New Contributor
Joined
Jan 31, 2015
Messages
26
Rep Bank
$185
User Power: 12%
Whats good guys.

I have a really good product idea and I've just started hiring some people to develop an online prototype and sell sheet.

I'm doing the whole stephen key thing and I'm rly excited about it.

However, my school has a program (top 15 research university in the us), where I can submit my idea and if accepted, be fully funded for all patents attorneys and everything. they would also do all the work to get it licensed.

Of course it comes with a catch, they would get 55% percent of all revenue it generates. and they would be listed as the inventors of the idea even though I created it.

I'm leaning to just do it myself because i don't intend on actually filing utility/design patent. just the provisional so its very cheap.

What do you guys think?
 
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today
Ov't tommz vjev zua'si iwip etloph vjot.
Igg vjin. Zua dep neli vji nupiz zua piif vjsuahj jatvmi.
Zua fup'v piif e tomipv qesvpis xju uxpt 55%.
 
Vjevt xjev O'n vjoploph. jupitvmz o katv qutvif vjot gus vjev lopf ug eptxis. O fup'v xepv vjuti cetvesft veloph dsifov gus nz ofie epf 55%
 
Tu zua'si qavvoph op emm vji xusl, vjiz'si taqqmzoph gapfoph. Vjiz'si hivvoph vji geni epf vji catopitt (55% uxpistjoq). Emm gus katv nupiz. Tuapft moli zua duamf hiv ep opwitvus gus mitt og ov't vjev hsiev ug ep ofie.
 
Tuapft moli e cef Wamvasi Deqovem fiem vu ni :F O'f tvodl vu Jatvmi
 
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today

Welcome to an Entrepreneurial Revolution

The Fastlane Forum empowers you to break free from conventional thinking to achieve financial freedom through UNSCRIPTED® Entrepreneurship where relative value and problem-solving are executed at scale. Living Unscripted® isn’t just a business strategy—it’s a way of life.

Follow MJ DeMarco

Get The Books that Change Lives...

The Fastlane entrepreneurial strategy is based on the CENTS Framework® which is based on the three best-selling books by MJ DeMarco.

mj demarco books
Back
Top Bottom