🎬 Episode Highlights:
📢 Big News for Inventors: Why now is the time to protect your ideas!
💡 Patents vs. Trademarks: What’s the difference and when do you need both?
💰 Funding Your Invention: Insights from special guest Vince Edwards of EB Ventures!
🔥 Shark Tank Breakdown: How Euphoria Beauty used patents and trade secrets.
🚀 USPTO Changes: How new policies affect patent wait times.
🚨 Big USPTO Changes & What They Mean for You
New executive orders are shaking up the USPTO:
❌ Remote Work Ban – Slower patent processing times.
💸 Examiner Buyouts & Hiring Freezes – Increased delays and backlog in patent approvals.
📉 What This Means: More wait time for patents, making early filing crucial!
💡 Patents vs. Trademarks: What’s Right for You?
Inventors often ask:
"Do I need a patent or a trademark?"
- 🏆 Patents protect how something works (functionality, mechanics, or formulas).
- 🎨 Trademarks protect branding (logos, product names, and designs).
- ⚖️ Both? Some products—like a unique cosmetic brand—use both to create stronger protection.
💰 How to Fund Your Invention
Vince Edwards of EB Ventures shares key funding tips:
✔️ Prove Market Demand – Investors fund scalable ideas with real demand.
✔️ Strong Branding – A registered trademark makes your business more attractive.
✔️ Licensing vs. Launching – Some inventors profit by licensing patents instead of starting companies.
🔥 Shark Tank Breakdown: Euphoria Beauty’s Smart Patent Strategy
We analyzed a Beauty, a brand that landed a deal with Mark Cuban on Shark Tank. Here’s what worked:
✔️ Design Patents: Protecting the product packaging instead of the formula.
✔️ Trademarks: Securing the brand name to build value.
✔️ Trade Secrets: Keeping the formula confidential instead of patenting it.
📢 Lesson for Inventors: Not every innovation needs a utility patent—sometimes design patents & trade secrets are the smarter play!
🚀 Want expert guidance? Drop your questions below or schedule a FREE Discovery Call today! Click Here!
Have an invention or brand to protect? Or just curious about learning more? Download our FREE Inventor Kit here: https://keap.page/gw292/inventor-kit.html
DISCLAIMER
Everything discussed on this podcast is for informational purposes only and not for the purpose of providing legal advice.
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