Today our guest shares how he has been involved in several multi-million dollar start-ups and tells us all about that. He also shares with us the importance of patents, copyrights and trademarks, and which situations to use them in.
Key Points on Patents, Trademarks, and Copyrights with Devin Miller
- Devin has an electrical engineering degree, a Mandarin Chinese degree, a Masters in business administration and a law degree.
- He built his first multi-million dollar startup when he was still in law school in 2013 as part of a competition.
- After getting involved in startups, he wanted to start a law firm to help startups and small businesses by protecting their IP and helping them grow.
- Devin is currently the managing partner and director of Miller IP Law, a patent and trademark law firm in Utah.
- He explains the difference between patenting, trademarking and copyrighting. Inventing something typically falls under patent, building a brand (like logo or company name) is trademark and creative work (writing a book, making music, etc.) usually falls under copyright.
- Devin warns that if someone has an innovation, it has to be patented within a year after it’s been put in the public domain, otherwise someone else may be able to claim it.
- As patenting can take 6-9 months, it is important to start the process ahead of time.
- That is why Devin suggests getting a patent lawyer, to finish the process efficiently and on time.
- According to Devin, trademarking can take 24 or sometimes 36 months. It’s a complicated process, therefore a lawyer can be crucial.
- In his practice, he helps his clients to identify their goods and services, prepare submissions to the patent or trademark offices and help them through the long process.
- In the future, Devin wants to focus on Miller IP Law, his engineering firm and a new startup he is working on.
- Who is your success role model? His dad.
- What is Your biggest success? On the business side, it was the last 2 ventures in his law firm and in product development. On the personal side, it is his 4 children.
- What does a typical day look like for you? He usually gets up and goes for a run or cycling before he starts working. His days are very different. Some days are spent mostly on the law side and other days more on the product development side. He doesn’t really have a typical day, but he works around 10-12 hours.
- What’s your favorite quote? “All it takes for evil to triumph is for good men to do nothing.”
- What are your hobbies? He loves snowmobiling and hunting. Recently he is working on a 70’s VW bus he purchased.
- What is the best business book you’ve read? Dave Ramsey – EntreLeadership, Mark Randolph – That Will Never Work
- If there was one key piece of advice you could leave our listeners with about achieving success, what would it be? Take your time to plan, because often planning is the difference between failure and success.
About our Guest, Devin Miller
Devin was raised in Utah. He went to BYU (Provo, Utah) to get a double major in Electrical Engineering (EE) and Mandarin Chinese. He then went to Case Western Reserve University (Cleveland, Ohio) to get dual degrees, a Masters in Business Administration (MBA) and a law degree (JD). Devin now lives in the small town of Mountain Green, Utah. He is also a father of 4 children and has been married to his college sweetheart for 10 years.
Devin loves startups. He founded his first startup while earning his Law & MBA degrees. Since then, he has founded several more startups and enjoyed every minute of it. He also runs his own patents and trademarks law firm, Miller IP Law, to help other startups and small businesses.