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5 Internet Goldmines To Spot The Next $1B Trend | Steph Smith
My First Million
Utilizing Patent Filings and Expiries for Business Ideas
Tracking patent filings can provide insights into what big companies are focusing their intellectual property on, while monitoring patent expiries can uncover opportunities for new businesses. Websites like Patent Drop for filings and Patents Expiring Today for expiries can be valuable resources for generating business ideas based on intellectual property trends and expirations. For example, the company Hims leveraged a patent expiry to build their first products, and the founders of Blue Chew identified the Viagra patent expiry as an opportunity to start their business.
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