I recently did an interview with Stephen Key, the author of "One Simple Idea - Turn Your Dreams Into a Licensing Goldmine While Letting Others Do The Work". As the title suggests, Stephen comes up with ideas and lets others manufacture them for him, all while making money.
Stephen goes over numerous aspects of taking an idea from just that, an idea all the way to cash in the bank. In this video Stephen goes over How To License A Product - Licensing vs Manufacturing
In this Video on How To License A Product - Licensing vs Manufacturing You Will See:
1. How to license a product
2. When to license vs. manufacturing
3. What you need to do first when you have an idea
4. Why you want to license

http://salestipaday.com/2011/11/30/one-simple-idea-how-to-license-a-product-licensing-vs-manufacturing/