Nov 24, 2014
Today’s guest on Hack The Entrepreneur is an entrepreneur and an
inventor, that consistently earns millions of dollars licensing his
ideas to companies like Disney, Nestle, and Coca-Cola.
He is not high-tech, but he knows how to take an idea and very
quickly make it a global sensation.
Before becoming savvy inventor, he spent part of the 1980s as the
head of design at Worlds Of Wonder. They had two number one hit
toys that you may remember, Teddy Ruxpin and LazerTag.
Since this time he has started his own businesses, InventRight and
Spinformation, and has sold 100s of millions of products.
He is the author of the best-selling book, One Simple Idea. He
currently writes a weekly column on Entrepreneur.com and also
writes regularly for Inc Magazine.
Now, let’s hack… Stephen Key.
What you will learn in this episode:
- Why the multiplier effect is required to produce great wealth
- How creative people get distracted so often (and how to work through this)
- How to choose an idea that you can implement very quickly
- The one simple thing Stephen did that doubled his business in 8 months
- Why you should borrow ideas when you see them