🚀 How to Start a Business *coming soon
Course overview
Lesson Overview

5.9 – Licensing Your Product or Idea to Other Businesses: Licensing allows creators to earn revenue by granting others permission to use their intellectual property. This lesson explains how to structure licensing agreements, set royalty rates, and protect rights through contracts. It outlines differences between exclusive and nonexclusive deals and how to identify reliable partners. Licensing turns ideas into scalable assets, enabling growth without additional production costs. It’s especially powerful for inventors, designers, and content creators seeking passive income. Proper due diligence prevents misuse and preserves brand reputation. Understanding this model opens pathways to monetize creativity globally with minimal operational burden.

About this course

This premium course is a complete roadmap to launching and growing a business. From idea validation and market research to legal setup, funding, branding, marketing, and sales—you’ll gain step-by-step guidance backed by templates and real-world examples.

This course includes:
  • 120 in-depth modules covering every stage from idea to exit strategy
  • Detailed real-world case studies from successful startups and established enterprises
  • Access to all course materials and future updates to keep your business strategies ahead of the curve

Our platform is HIPAA, Medicaid, Medicare, and GDPR-compliant. We protect your data with secure systems, never sell your information, and only collect what is necessary to support your care and wellness. learn more

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