Swat & Scoop: From Patent to Market Success

Everything Intellectual Property

Scott Putnam, founder of SWAT and Scoop and creator of Inventor's Edge, talks about mastering intellectual property and licensing secrets that give inventors the edge in their journey. Scott discusses his invention of the innovative SWAT and Scoop, a first-of-its-kind tool that combines a swatter and scoop, and shares how it went from idea to patented product. He explains the challenges inventors face, including navigating patents, licensing deals, and venturing into entrepreneurship. Scott also shares insights on the importance of provisionals, licensing strategies, and overcoming obstacles like market entry and manufacturing hurdles.
This video dives into Scott's personal experiences, including his journey from China to creating multiple successful ventures, his coaching program Inventor's Edge, and his unique approach to helping inventors turn ideas into reality. Whether you're an aspiring inventor or a seasoned entrepreneur, this video is packed with essential tips on intellectual property, investing, and licensing.
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CHAPTERS:
00:00 - Scott Putnam’s Journey to Entrepreneurship
01:26 - Introduction to Entrepreneurship
02:49 - What is Swat N Scoop?
06:05 - Was Swat N Scoop Your First Product?
08:35 - Entrepreneurial Aspirations
11:08 - Entrepreneurial Mindset Development
14:08 - Understanding Intellectual Property (IP)
18:58 - Handling Rejection in Business
20:00 - Patent Process for Swat N Scoop
23:50 - Successful Licensing Deals
25:50 - Retrieving IP from Licensing Agreements
27:49 - Inventor's Edge Insights
30:55 - Common Pitfalls for Inventors
35:54 - Importance of Collaboration in Business
41:04 - Licensing vs. Venturing Explained
43:10 - Breakthroughs and Challenges of Swat and Scoop
44:30 - Getting on Buy It Now Platform
46:20 - Challenges in Product Marketing
47:58 - Stepping Out of Comfort Zones
49:06 - Sharing Your Idea Publicly
49:38 - The Numbers Game in Business
50:15 - Purchasing SWAT Scoop
50:30 - Contacting Mike for Coaching
51:55 - Non-Disclosure Agreements (NDAs)
53:03 - Visit Scott’s Website
53:18 - Book a Free Consultation with Scott
53:48 - Outro