
Say you’ve had a lightbulb idea that would vastly improve a product that you use everyday at work, and the only way for it to be a thing is if it was built in to that product so there’s no going off on your own and starting something. So now you approach that company with your idea. Has anyone ever gone through this process before? How do you protect your IP? What are the common types of deals made? Buy-out plus royalty? Just royalty? If so is there a typical standard percentage? Just wanting to see if anyone’s actually succeeded in doing something like this, and what was your story? see hubwealthy.com/wealthy






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