AutoCAD: License manager not properly installed

Recently I attempted installing a new version of AutoCAD on a Laptop that had other versions of AutoCAD pre-installed.

All went smoothly until I clicked the AutoCAD shortcut to startup.

Then I got an error message.

“AutoCAD License manager has stopped working or was not properly installed.”

Once you clicked “OK”, your AutoCAD screen would crash.

I searched online for ideas on how to work around this error.

I was lucky to come across a post that solved my problem.