How to Make Money with Your Invention Idea

The Authority Formula

Guest: Brian Fried | Inventor, Entrepreneur, and Founder of Inventor Smart

In this episode of The Authority Formula, George Wright III talks with Brian Fried, a prolific inventor and founder of Inventor Smart. With 15 patents and several licensed products under his belt, Brian shares how simple observations of everyday problems sparked his journey into inventing—and how anyone with an idea can do the same.

They explore the full invention process: from brainstorming and prototyping to patenting and launching a product. Brian breaks down key strategies for protecting intellectual property, making smart business decisions, and avoiding the emotional pitfalls that often block progress. His practical advice empowers both new and seasoned inventors to move forward with confidence.

Key Moments:

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

04:31 – From Balloon Band to Paper Towel Innovations

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

Know someone sitting on a great idea? Share this episode with them.

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.

Brian engages audiences with insightful talks on innovation, sharing his expertise with budding inventors, corporate teams, and agencies. He is the author of three books packed with actionable advice for navigating the invention landscape. Additionally, through his online platform, InventorClass.com, he offers a comprehensive 3-hour eLearning course that provides DIY guidance for inventors at all stages of their development.

As the founder of the National Inventor Club, Brian hosts monthly livestreams featuring guest speakers who explore various aspects of the invention process, offering both inspiration and practical advice. In October 2023, Brian launched the Inventor Smart Community app, a groundbreaking platform designed to enhance networking, collaboration, and social media engagement among inventors. Available on Google Play and the Apple App Store, this app enables inventors to connect, share ideas, and access a wealth of resources, furthering Brian’s commitment to empowering global innovation.

Guest Resources:

LinkedIn Page: https://www.linkedin.com/in/brianfried

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