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DaVinci Institute 17 October 2009 Invention Patents Entrepreneurship
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[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Bert Vermeulen:
9 Entrepreneurs, 9 ideas, 6 patent applications: If there’s no business, there’ll probably be no patent. Having a patent doesn’t mean there’s a business. Inventor Idea Patent App? Result Business? Bert Surftree (software) 2004 Abandoned No Rita Web video software 2004 Abandoned No CR66 Used car sales 2004 Abandoned No Dr Deeds Investment software Search only Not pursued No Happy Life Software 2006 Abandoned No MedXCo Reduce urine smell 2006 Abandoned No Elias Open space cooling Search only Did not pursue No Vesta Microcontroller Search only Did not pursue Small Ice Ear bud jewelry Design 2008 Granted Small
Why were these patent apps abandoned? Example: Surftree ,[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Entrepreneur #10: ClearCorp.biz
[object Object],[object Object],[object Object],[object Object],[object Object],Entrepreneur #11: Axelo.net:
[object Object],[object Object],[object Object],[object Object],Entrepreneur #12: John VanderHorst:
[object Object],John VanderHorst’s Inertia Pump (1980-1985): US Patent# 4,370,101
How does the inertia pump work? Accelerate a pipe with liquid in it Use a check valve to prevent back flow in reverse cycle Oscillate back and forth
Turn configuration into a loop and oscillate it Inlet Check valve Fluid flow direction
[object Object]
“ Minimize investment through Do It Yourself” ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object]
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Inventor Boot Camp Bert Vermeulen 10 17 2009

  • 1. DaVinci Institute 17 October 2009 Invention Patents Entrepreneurship
  • 2.
  • 3.
  • 4. 9 Entrepreneurs, 9 ideas, 6 patent applications: If there’s no business, there’ll probably be no patent. Having a patent doesn’t mean there’s a business. Inventor Idea Patent App? Result Business? Bert Surftree (software) 2004 Abandoned No Rita Web video software 2004 Abandoned No CR66 Used car sales 2004 Abandoned No Dr Deeds Investment software Search only Not pursued No Happy Life Software 2006 Abandoned No MedXCo Reduce urine smell 2006 Abandoned No Elias Open space cooling Search only Did not pursue No Vesta Microcontroller Search only Did not pursue Small Ice Ear bud jewelry Design 2008 Granted Small
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10. How does the inertia pump work? Accelerate a pipe with liquid in it Use a check valve to prevent back flow in reverse cycle Oscillate back and forth
  • 11. Turn configuration into a loop and oscillate it Inlet Check valve Fluid flow direction
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.