Invention And Patent Service Success Stories [2024]
Have a knack for groundbreaking ideas? Consider an invention and patent service. This business helps inventors navigate the often complex process of turning their innovative concepts into legally protected assets.
You would assist clients in drafting patent applications, conducting prior art searches, and even offering strategic advice on patent portfolios. The focus is on providing a turnkey solution from idea to patent, making the journey less daunting for inventors.
With the rise of technological advancements, the demand for patent services is growing. Entrepreneurs are increasingly looking for expert advice to ensure their ideas get the protection they deserve. If you have a background in law or engineering, this could be a compelling business to start.
The work requires a meticulous attention to detail and a thorough understanding of patent laws. However, the rewards are significant—not only in financial terms but also in helping to bring new, innovative products to market.
In this list, you'll find real-world invention and patent service success stories and very profitable examples of starting a invention and patent service that makes money.
1. UnbuckleMe ($1.8M/year)
Becca Davison, co-inventor of UnbuckleMe, came up with the idea for her business when her mother, who had arthritis in her thumb, struggled to open her granddaughter's car seat buckle. Recognizing that many others faced a similar problem, Becca and her mother developed an innovative tool to make it easy to open kids' car seat buckles, leading to the creation of UnbuckleMe. Since launching in 2017, the business has garnered success through avenues such as Kickstarter and Amazon, and even appeared on Shark Tank, attracting a wide customer base and paving the way for future growth opportunities.
How much money it makes: $1.8M/year
How much did it cost to start: $50K
How many people on the team: 2
UnbuckleMe is a profitable business that has created an innovative tool to open kids' car seat buckles, generating a monthly revenue of $60K and attracting a range of customers from grandparents to parents with freshly done nails.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
