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Expiring Patents

Welcome to the Expiring Patents edition of Start My Idea, where we dive into the unique opportunity of building businesses around expiring patents. Exploiting expiring patents, like Blue Chew did with Viagra's patent expiry in 2017, opens up a world of possibilities.

Let's discover potential million-dollar ideas emerging from this untapped resource!

📈 TODAY'S TREND

Expiring Patents

Expiring patents present a lucrative opportunity for entrepreneurs. When patents expire, the exclusive rights to produce or use the patented technology revert to the public domain, allowing innovative minds to create new businesses or products without the worry of legal infringement.

Every week we'll send you a list of million dollar business ideas backed by trends. Join free!

💡 TODAY'S IDEAS

5 ideas based on today's trend

💡 Eco-Friendly Packaging Material

  • Patent: Amorphous Nylon Copolymer and Copolyamide Films and Blend
  • Idea: Develop sustainable, biodegradable packaging materials utilizing this nylon technology.
  • Where to Start: Research biodegradable alternatives and partner with manufacturing companies to produce eco-friendly packaging solutions.

💡 Sleeve Mounting Business

  • Patent: Process for Mounting Stretchable Sleeves on Wares
  • Idea: Create a service for customizing and applying stretchable sleeves on products, enhancing branding and packaging.
  • Where to Start: Develop a range of customizable sleeves for various products and offer mounting services to businesses.

💡 Revolutionary Drilling Equipment

  • Patent: Apparatus and Method for Drilling with Casing
  • Idea: Manufacture and sell advanced drilling equipment to oil and construction industries.
  • Where to Start: Partner with engineering firms to design and produce this innovative drilling equipment.

💡 Data Management Software

  • Patent: Estimating Storage Requirements for a Multi-Dimensional Clustering Data Configuration
  • Idea: Develop software solutions for businesses to efficiently manage and analyze their data.
  • Where to Start: Collaborate with software developers and data analysts to create user-friendly data management tools.

💡 Customizable Wood Cutting Knives

  • Patent: Wood Cutting Knife Assembly Providing Improved Knife Stability
  • Idea: Produce and sell high-quality, customizable wood cutting knives for carpentry and woodworking.
  • Where to Start: Design a range of knives and market them to woodworking professionals and hobbyists.

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“I'm not saying I'm going to change the world, but I guarantee you that I will spark the brain that will change the world.” - Tupac Shakur

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