Patent Insider Secrets - The Negotiators: EP#002
Patent Insider Secrets Podcast
Release Date: 12/18/2024
Patent Insider Secrets Podcast
Brief Description: Patents are not just legal tools—they’re business weapons. In this episode, Jackie Hutter reveals the secrets to leveraging IP for real market value, why most patents fail to make money, and how smart businesses use IP strategy to dominate their industries. Whether you’re a founder, inventor, or investor, you won’t want to miss this conversation. In this episode of Patent Insider Secrets, we sit down with Jackie Hutter, Chief IP Strategist and founder of The Hutter Group. Jackie brings a game-changing approach to intellectual property strategy, focusing on aligning...
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Episode 2: The Negotiators In this episode of Patent Insider Secrets, we dive into Pillar 2: IP Asset Development & Fortification. It’s a lesson every innovator needs to hear: it’s not enough to simply create—you must protect and fortify your intellectual property from day one. We share two powerful stories: First, meet Sarah: Sarah, a brilliant PhD student, hustled to secure funding for her groundbreaking research. Her work led to two patents, and she was offered a dream job by an industry leader. But just when everything seemed to fall into place, her university stepped in. The...
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info_outlineEpisode 2: The Negotiators
In this episode of Patent Insider Secrets, we dive into Pillar 2: IP Asset Development & Fortification. It’s a lesson every innovator needs to hear: it’s not enough to simply create—you must protect and fortify your intellectual property from day one.
We share two powerful stories:
First, meet Sarah:
Sarah, a brilliant PhD student, hustled to secure funding for her groundbreaking research. Her work led to two patents, and she was offered a dream job by an industry leader. But just when everything seemed to fall into place, her university stepped in. The patents, they argued, belonged to them, not Sarah.
Suddenly, her six-figure job offer vanished, replaced with an offer to stay on as a post-doc under the university’s control. Devastated, Sarah learned the hard way that failing to securely negotiate her intellectual property early on cost her control over her future.
Then, learn from Larry and Sergei’s story:
Larry Page and Sergei Brin, the founders of Google, were also graduate students when they created a search engine that would change the world. But unlike Sarah, they proactively secured their IP rights early.
By negotiating with Stanford, they turned the university into a partner instead of an adversary. Stanford kept an equity stake, earning hundreds of millions when Google went public. Meanwhile, Larry and Sergey retained control of their vision and turned their idea into one of the most valuable companies in history.
The Takeaway
The difference between Sarah’s story and that of Google’s founders comes down to IP fortification. Larry and Sergei didn’t just develop intellectual property—they fortified it, ensuring it remained an asset they could leverage and control.
🎧 Listen to Episode 2: The Negotiator to learn:
- Why fortifying your IP from the start is critical.
- The common pitfalls that cost innovators their ideas.
- How to secure your rights and negotiate effectively.
This episode could mean the difference between watching your idea slip away and turning it into a legacy.
🎥WATCH HERE: https://youtu.be/VCcJ8HJMg7o
What do you think? Should Sarah have been able to claim her patents, or was the university justified? Let’s discuss. 👇
#PatentInsiderSecrets #IPFortification #TheNegotiator