For Inventors and Entrepreneurs
If You’re An Inventor
Are you an inventor who wants to bring a your amazing new discovery the world, but struggles with how to keep others from stealing your ideas (and customers), and how to own those ideas? I know how that feels, and can assure you…
- If you have created a new or improved device or process …
- If you are about to demonstrate your invention…
- And especially if you just discovered that someone else is making or selling something similar …
…then you’ve arrived at the perfect place, and this site is for you.
Or If You’re An Entrepreneur
Are you an entrepreneur who wants to change the world, but are either concerned with how to keep others from stealing your customers or idea (or sick over watching your dreams be stolen right in front of you)? Yep. That happened to me, too.
- If you are using a new product or service to grow your business …
- If you are about to talk to about it with a supplier, manufacturer, or customer (heck, anyone) …
- And especially if you just discovered someone using your ideas or brand to steal money that belongs in your pocket …
…then you’ve arrived at the perfect place, and this site is for you.
Or If You’re Both An Entrepreneur and Inventor
My name is Steven Thrasher, and I can help you start, run, and grow your innovative businesses. This means you are just a few minutes away from discovering how to protect yourself, and leverage that protection to the end-goals including licensing, funding, sales and higher profits.
Whether this is your first serious start at an invention or a business, or your tenth, you’ve found the right place for you. Since statring my first business and receiving the first patents, there have been some nice successes, and, yes, some painful failures.
You Need a System
By taking arrows in my back and stepping on traps (too many) during my journeys, I’ve learned a few things — and over time built a system that I use to protect and monetize my own ideas. That same system is now used by other inventors and entrepreneurs.
Now, clients have received funding, made it on Shark Tank, and built successful enterprises.
Since you’re here, you’re full of energy and ready to start doing something real with your idea. And, whether this is your first effort or your fiftieth, we can help you on your journey. Your journey is my mission: to turn your ideas and knowledge into assets you’ll use to bring your dreams to the world to change it, while saving you months of frustration and thousands of dollars.
My Journey Began As A Wide-Eyed Inventor
So, you may want to know a little about me?
Yes, I’m an inventor and entrepreneur.
My story starts back when I was a sophomore in college and had a cool idea for an invention, but needed some help getting it protected and launched.
So one of those inventor assistance companies was supposed to guide me through what was then that new, confusing, and difficult process.
Like most college students, I was poor, but had faith, energy, and a passion for bringing a cool idea to market. It was gripping(!) — keeping me up long nights for weeks!
So, I gambled, and took all the money I had, including the balance of a credit card, to sign up — literally going for broke!
Steve Tries to Do It Himself, and Goes Broke
You’re probably shaking your head right now and thinking that was crazy. . . . well, it was. To make a long story short, after sending the money, it was clear that I didn’t even had a patent pending!
In fact, they wanted even MORE money for a patent application (for a whole lot more money)!
In the end, the chance to bring that dream to the market and spent over a year and all that money on . . . was lost.
Frustrated, embarrassed, broke, angry, and powerless, sitting at an old kitchen table in a trailer (as in a trailer park) in Auburn, Alabama, I then resolved to crawl out of that hole. It was personal — no one should feel that way.
It became my personal crusade to ‘figure out’ the patent system and rescue others in the same boat, and have now devoted my career to helping spare others from those same feelings.
To right the wrong, after earning my engineering degree, I went law school and for years worked at large law firms but, even ‘Big Law’ couldn’t kill the inventor in me … in 2001 “the urge” to invent called, and that meant leaving big law.
This time, things turned out differently: in 2005 my first patent issued, and since then several more have been received (by the way — it feels really good to receive a patent with your name on it).
But, not every invention has been successful (not by a long shot). So, getting the results of patent searches and Patent Office letters for my inventions still causes my palms to swear, and yes, sometimes my stomach churns — but it’s part of being a professional innovative entrepreneur.
Through all this experience and by helping my clients, I picked up on a few tricks – things very few, if any, patent attorneys know, and put them together in a system you should know more about . . .
Today: Helping Inventor and Entrepreneurs
Since my rocky start as an inventor, hundreds of inventors and entrepreneurs have benefited from these systems that have resulted in hundreds of patent applications and dozens of new businesses. ‘My’ inventors and entrepreneurs have received licenses, funding, cash sales, and been acquired. Many have made it to market.* And, maybe you’ll make it on this happy list!
Today, in addition to identifying the traps you want to avoid, you’ll learn ‘the right way’ to invent and create innovative businesses. Do yourself a favor and avoid my long, expensive path!
Where Does Your Journey Begin?
Maybe you’ve crafted a solution to a big problem that the world just has to solve. Maybe in a moment of desperation or necessity, you tapped your ‘inner MacGyver’ [a really cool fictional inventor who saves the world with duct tape and a Swiss army knife] and came up with a creative solution that can help others. You know deep inside that your idea has the potential to become something that will both help mankind, and help you find joy and enjoy the financial rewards of providing it. But, like me in my college years, you probably don’t know where to start.
That’s why I created The E5 Invention System, and The E5 Trademark System — to get you started the right way.
They’re like trail-maps of where to go and what to do once that metaphorical lightbulb appears above your head.
If you have an invention, you’ll have a guide as you refine and distill your idea into a patentable and executable product or service. And if you have an innovative business, let’s get it started right!
Your New Opportunity
There’s a maze of issues that make the difference between unusually good success, and, well, just barely making it.
Speaking of barely making it . . . one client used inventing to go from living under a bridge to appearing on Shark Tank, and another who used her inventions to go from being addicted to drugs to doing a deal with Marc Cuban (that’s her next to Steve Harvey)! Creative ideas and imagination transcend socio-economic boundaries and make almost anything possible!
You may feel overwhelmed and confused by all there is to learn, and the horror stories you’ve heard about or seen in the media. But, isn’t the real question what will your life be like if you don’t take action?
Are you willing to wake up every day knowing that another chance to make a meaningful impact on this world has passed you by? What are you doing today that is different from what you did yesterday that is moving towards your goal, and what will you do differently tomorrow, and the day after that, to get there?
Yes, it’s sad that if you don’t file for a patent within a year of the invention, **poof** it’s gone. But isn’t there much more at stake? Life only brings you so many almost magical insights and opportunities . . . don’t you owe it to yourself to explore this while you still have the chance?
You deserve more than that, and I’ve created these systems to get you started on your journey the right way.
You can start your journey here, by clicking below and setting up an appointment:
And, of course, I’ve got a lot more you can read about at my Blog by Clicking here.
*Such as Shark Tank clients Lisa Lloyd and Lori Cheek, or others who raised millions in funding (such as Semantra: $7M raised), and yet others who bought their own products at Home Depot, Lowe’s, Walmart, Walgreens, Target and many other retailers. And, yes, there are more . . . of course, your success depends on the quality of your idea, and the quality of your execution over the long-haul.