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He Earns $800K Per Year From 1 Licensed Idea

Stephen Key
  • $800,000+ annual revenue

Stephen Key on YouTube 👇…

Yes, you can license ideas even though you don’t live in United States… companies all around the world – especially here in the United States – are looking for new ideas [that] they can bring to market.

If they license those ideas or rent those ideas from you, they’re going to pay you a royalty on each and every one they sell.

In another video, Stephen shares how much he’s earned licensing some of his ideas…

  • Disney Ballpens – $10K
  • Plush Puppets – $10K
  • Michael Jordan Wall Ball – $100K
  • Spinformation – $200K quarterly

Lots more info on Stephen’s channel about product licensing 👍

Including interviews with successful product licensors, like this one…

  • He Earns Passive Income From His Ideas With NO Prototypes…

🎙️ From a related podcast interview with Sef Chang

Sef discovered licensing products after graduating college.

He submitted many product ideas to a novelty company. The company was interested in a licensing deal for a miniature keychain back scratcher.

The back scratcher sold 180,000 units and kicked off his career as a product developer.

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Updated: March 24, 2025

Business Ideas Database

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