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Expiring Patents 1/26/24

Welcome to the latest edition of Start My Idea, focusing on the untapped potential of upcoming expiring patents.

As patents expire, they create opportunities for innovation and entrepreneurship, free from the restrictions of exclusive rights. This week, we're delving into a variety of industries to uncover the potential for new ventures.

📈 TODAY'S TREND

Expiring Patents 1/26/24

Expiring patents provide a unique landscape for entrepreneurs to explore. The end of these patents means the technology is available for public use, fostering an environment ripe for new products and businesses.

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

  1. Coolant Reclamation for Cutting Machines
    • Patent: Apparatus for Use in Reclaiming Coolant Used in Cutting Machine
    • Idea: Develop systems to efficiently reclaim and recycle coolant in industrial cutting processes.
    • Where to Start: Focus on manufacturing industries, emphasizing cost savings and environmental benefits.
  2. Advanced Outboard Motors
    • Patent: Outboard Motor
    • Idea: Manufacture eco-friendly and high-performance outboard motors for boats.
    • Where to Start: Target boat manufacturers and boating enthusiasts, highlighting the motor's efficiency and reduced environmental impact.
  3. Drive Train Innovations for Harvesting Machines
    • Patent: Drive Train for a Header of a Harvesting Machine
    • Idea: Create improved drive train systems for agricultural harvesting machines.
    • Where to Start: Collaborate with agricultural equipment manufacturers to implement this technology in new machinery.
  4. Fishing Device Improvements
    • Patent: Fishing Device
    • Idea: Produce advanced fishing devices with enhanced features for recreational and commercial fishing.
    • Where to Start: Design devices focusing on efficiency and ease of use, marketing to fishing supply stores and commercial fisheries.
  5. Heat Recovery Ventilators
    • Patent: Adjustable Flow Heat Recovery Ventilator and Method
    • Idea: Develop energy-efficient heat recovery ventilators for residential and commercial buildings.
    • Where to Start: Focus on green building projects and renovations, emphasizing energy savings and improved air quality.
  6. Illuminated Toothbrushes
    • Patent: Illuminated Toothbrush and Method of Use
    • Idea: Create toothbrushes with integrated illumination for better visibility during oral hygiene.
    • Where to Start: Market to families and dental practices, highlighting the benefits for children and those with mobility issues.
  7. Stainless Steel Manufacturing
    • Patent: Austenitic Stainless Steel and Manufacturing Method Thereof
    • Idea: Produce high-quality austenitic stainless steel for various industrial applications.
    • Where to Start: Supply to industries like automotive, aerospace, and construction, focusing on the material's durability and corrosion resistance.
  8. Electrical Safety Devices
    • Patent: Electrical Safety Device
    • Idea: Manufacture safety devices for electrical systems to prevent accidents and enhance protection.
    • Where to Start: Partner with electrical contractors and home builders, integrating these safety devices into new constructions and renovations.
  9. Saw Blade Design Innovations
    • Patent: Saw Blade with Shaped Gullet
    • Idea: Produce saw blades with improved design for enhanced cutting efficiency and longevity.
    • Where to Start: Target woodworking and construction industries, focusing on the blade's superior performance.
  10. Sheet Input Level for Print Sets
    • Patent: Automatically Elevating Sheet Tamper and Sheet Input Level for Compiling Large Printed Set
    • Idea: Develop advanced machinery for large-scale printing operations, improving efficiency and accuracy.
    • Where to Start: Focus on commercial printing businesses, offering solutions to streamline their printing processes.

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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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