Inventor Stories: RISEing with Patents

​​Patently Strategic - Patent Strategy for Startups

Send us a Text Message.

In this month’s special episode, we’re sharing a great sit down with three very innovative, up-and-coming inventors – as we also launch the next installment of our RISE award.
We are joined today by:
⦿ Keith Phillips, CEO & Founder of realLINGUA
⦿ Theresa Smith, CTO of the Ola Filter Corporation
⦿ Brendan Wang, Founder of CAPNOS

These inventors share their stories and provide invaluable tips and advice, much learned the hard way. Along the way, we explore:
⦿ Challenges in bootstrapping – especially as companies coming up through the pandemic
⦿ The importance of patenting and how the RISE award helped solve critical challenges
⦿ Advice for inventors new to patenting
⦿ The importance of feedback

** Learn more and apply for the RISE award **
The RISE award offers a free provisional U.S. patent application or $5,000 towards a non-provisional U.S. patent application to a selected applicant.
https://www.aurorapatents.com/rise-up-with-aurora.html
** Learn more about our featured inventors **
⦿ Keith Phillips and realLINGUA: https://reallingua.com
⦿ Theresa Smith and the Ola Filter: https://www.olafilter.com
⦿ Brendan Wang and The CAPNOS Zero®: https://mycapnos.com

** Resources **
⦿ Show Notes: https://www.aurorapatents.com/blog/new-podcast-inventor-stories-vol-1

** Follow Aurora Consulting **
⦿ Home: https://www.aurorapatents.com/
⦿ Twitter: https://twitter.com/AuroraPatents
⦿ LinkedIn: https://www.linkedin.com/company/aurora-cg/
⦿ Facebook: https://www.facebook.com/aurorapatents/
⦿ Instagram: https://www.instagram.com/aurorapatents/

And as always, thanks for listening!
---
Note: The contents of this podcast do not constitute legal advice.

Chapters

1. Intro (00:00:00)

2. RISE Award (00:00:30)

3. Meet Brendan Wang, Founder of CAPNOS (00:03:10)

4. Meet Theresa Smith, CTO of the Ola Filter Corporation (00:03:59)

5. Meet Keith Phillips, CEO & Founder of realLINGUA (00:05:26)

6. Biggest challenges in bootstrapping (00:09:56)

7. How the RISE award helped and importance of patenting (00:20:08)

8. Protecting your idea before disclosing and seeking funding (00:21:54)

9. Patent evolution through product iteration (00:22:51)

10. Discovering differentiators through patenting (00:23:34)

11. Advice for inventors new to patenting (00:25:24)

12. Cost savings through DIY patenting and when to get help (00:25:42)

13. Patent searching and understanding how to protect the value you're providing (00:29:02)

14. Taking good notes and filing provisionals early (00:30:02)

15. Seeing the competitive landscape through patenting (00:32:53)

16. Honing your story (00:34:44)

17. Value of feedback (00:35:50)

18. Marketing challenges (00:37:00)

19. Using feedback to discover new market segments (00:37:44)

20. Iteration and re-inventing your company (00:41:42)

21. Lessons learned from smartest and dumbest steps (00:44:10)

22. What kind of company are we building? (00:45:36)

23. Seeking help (00:47:05)

24. Taking the leap (00:50:55)

25. Company updates (00:53:43)

26. How to apply for RISE (00:59:07)

27. Outro (00:59:55)