Unlocking Innovation: Patents, Funding & Shark Tank!

🎬 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! Support the show 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.