Summary

In this episode of the Prosperity Podcast, dive into the world of patents and innovation with insights from thought leaders Peter Diamandis and Dan Sullivan. Discover how intellectual property, from trademarks to blockchain, is transforming opportunities for creativity and growth. Learn how family banking can fuel your inventive pursuits and ensure financial wisdom for generations. Whether you're curious about protecting ideas or understanding how to financially support your dreams, this episode offers valuable takeaways for thinkers and creators alike..

Episode Highlights

00:00:12 - Introduction to patents and innovation

00:02:27 - QR code and alpaca storyline

00:03:45 - The patent explosion statistic

00:05:57 - Encouragement for patenting processes

00:07:14 - Inventions as solutions to everyday issues

00:08:28 - Family innovation: Creating teachable moments

00:10:07 - Adapting environment to inspire creativity

00:11:50 - YouTuber Simon Squibb discusses dreams

00:12:32 - Leveraging family banks for innovation

00:13:29 - Importance of financial competency through family banking

00:14:23 - Intergenerational strength of family banks

00:15:23 - Impact of patents and royalties beyond death

Episode Resources

• For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/

• http://prosperityparents.com/

• https://storage.googleapis.com/msgsndr/yBEuMuj6fSwGh7YB8K87/media/68e557c906b06d836d9effad.pdf

• https://www.youtube.com/@KimDHButler

Keywords

• Prosperity Podcast

• prosperity thinkers

• patents

• innovations

• Peter Diamandis

• Dan Sullivan

• intellectual property

• IP

• trademarks

• prosperity pathway

• strategic coach

• copyright protection

• blockchain

• alpacas

• QR code

• authenticity

• patent growth

• 3D printers

• inventions

• hockey stick growth

• US Patent Office

• physical patents

• technology

• family banks

• financial competency

• whole life insurance

• Family Bank

• creativity

• financial strategist

• Hernando de Soto

• property rights

• US property system

• royalties

• long-term thinking