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How to Make Money with Your Invention Idea with Brian Fried

How to Make Money with Your Invention Idea with Brian Fried

Season 9 Episode 967 Published 2 years ago
Description

This episode of the Daily Mastermind is a conversation with Brian Fried, an inventor, entrepreneur, public speaker, and the founder of Inventor Smart. With 15 patents and multiple licensed products to his name, Fried shares his journey from recognizing his inventing potential by observing everyday annoyances to becoming a successful inventor. The conversation delves into the process of taking ideas and transforming them into tangible, marketable inventions, highlighting the importance of research, prototyping, patenting, and understanding the market opportunity. Fried emphasizes the significance of trust, making informed business decisions, leveraging intellectual property, and the challenge of navigating emotional attachment to ideas. He offers actionable advice for inventors at any stage of their journey, stressing the potential for anyone, regardless of their background, to bring their ideas to life.

01:30 Unveiling the Inventor's Journey: Brian Fried's Story

04:31 From Balloon Band to Paper Towel Innovations: Brian's Inventions

07:39 Turning Ideas into Reality: Advice for Aspiring Inventors

09:58 The Business of Inventions: Building and Protecting Your Ideas

14:13 Understanding Intellectual Property: Patents, Trademarks, and More

18:47 Decoding Trademarks and Intellectual Property

20:13 The Power of Domain Names and Trademarks

23:32 Navigating Challenges in Intellectual Property

24:03 The Importance of Trust and Due Diligence

27:48 Strategic Advice for Protecting Your Ideas

“It’s Never Too Late to Start Living the Life You Were Meant to Live” George Wright III

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About Brian Fried:

Brian Fried, “The Inventor Coach,” ignites innovation. A dynamic innovator, author, and speaker with 15 patents to his name, Brian has transformed ideas into licensed products and successful ventures seen on QVC, in infomercials, and on the shelves of major retailers. For over 18 years, he has guided inventors from concept to commercialization as a dedicated invention licensing agent.

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