Invent With Me

81. Running a $500K Invention Business vs a $3M Invention Business

Marcus and Grant Season 2 Episode 81

Use Left/Right to seek, Home/End to jump to start or end. Hold shift to jump forward or backward.

0:00 | 32:20

Send us Fan Mail

This episode is brought to you by QuickPatents LLC. Looking for the IWM trusted patent solution? Look no further! https://www.quickpatents.com/

💟 Use my FREE Invention Validation tool: https://inventwithme.scoreapp.com

💡I just made a FREE Invention Validation tool that only takes 10 minutes🏋️
- Wondering if your invention has a market?
- Wondering how hard it will be to make?
- Wondering what you need to prepare for?
👀 Take the FREE Inventor Validator test now and get a tailored output based on your score!
https://inventwithme.scoreapp.com

Access the exclusive Discord through the Patreon below for just $6/Month! ⬇️
https://patreon.com/InventWithMe?utm_...

🧠🏋️💡 Register for the Mastermind Webinar NOW!
When: July 2, 2026 at 3:00 P.M. Eastern
Where: Zoom Webinar Meeting
How: Register Here ~ https://us05web.zoom.us/meeting/register/dU60rrqsQlC0Iyqv0DE3mA
  
IWM Engineer; Lance at https://www.freelancedesigns.ca/

Try TorkStrap at 15% off with exclusive code: IWM
https://torkstrap.com/

The Invent With Me Podcast
⬇️Spotify
https://open.spotify.com/show/2YAZqvv...

⬇️Apple
https://podcasts.apple.com/us/podcast...

What if the most important decision in your inventing career has nothing to do with patents, prototypes, or manufacturers?

After years of building TorkStrap into a multi-million dollar product business and consulting hundreds of inventors, I've discovered that most inventors are asking the wrong questions.

Before you worry about patents, manufacturing, Amazon FBA, Shopify stores, trade shows, retail buyers, or social media marketing, you need to answer one critical question:

👉 What kind of inventor do you want to become?

In this episode of Invent With Me, I break down the three paths I've observed among successful inventors:

✅ The Freedom Inventor – building a business to quit your day job
✅ The Growth Inventor – creating a business that improves your income and lifestyle
✅ The Wealth Inventor – building a scalable asset that creates long-term wealth

We'll discuss product development, product validation, sourcing, manufacturing, Amazon FBA, Shopify, social media marketing, email marketing, trade shows, retail expansion, hiring employees, international sourcing, and the mindset shifts required at each stage.

Whether you're a first-time inventor, product developer, entrepreneur, startup founder, or eCommerce business owner, this episode will help you build a roadmap that matches your goals.

The Invent With Me Podcast, where each week we help aspiring inventors and product creators to turn their innovative ideas into reality.  Join us on youtube to have the ultimate show experience!  www.youtube.com/@inventwithme