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Home Business & Finance Entrepreneurship

4 Surprising Patent Myths That Could Cost You Big — What You Need to Know Now todayheadline

July 15, 2025
in Entrepreneurship
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When people hear the word “patent,” they often think of complicated legal jargon or massive tech companies. As defined by the World Intellectual Property Organization (WIPO), a patent is an exclusive right granted for an invention that provides inventors with legal protection. But whether you’re a solo entrepreneur, a scientist, or a small business owner, patents can play a crucial role in protecting your unique ideas and innovations. For me, patents have been a very personal part of my journey as an entrepreneur and scientist, especially in my pursuit of protecting my ideas and leaving a lasting impact with my work.

The world of patents is a complicated one, with a number of requirements that anyone looking to file must meet. Additional complexities come into the mix depending on the country you’re filing in. For readers who are considering protecting their own inventions or products, understanding these nuances is key. With so many moving parts, it’s no surprise that there are a number of widespread myths surrounding U.S. patents in particular. These myths can lead to confusion and misunderstandings, making it even more intimidating to begin the patent process.

I’ve authored multiple patents, many rooted in bioscience, detox technology and environmental sustainability. And along the way, I’ve uncovered some pretty surprising truths — and debunked quite a few myths — about how the U.S. patent system really works. Whether you’re just starting to explore patents or already in the process, the best way to break down common myths about U.S. patents is to debunk them with facts.

Below, I take a look at four U.S. patent myths and address the real truth behind them to help you make better informed decisions related to your own patents, so you can protect your ideas and bring your innovations to life.

Related: How to Identify the Patent-Worthy Innovations in Your Business

Debunking four U.S. patent myths

There are a number of myths surrounding U.S. patents, from the length of patent validity to the actual steps of the patent filing process. One that’s especially persistent is the idea that having a patent automatically means you will make money. I wish it were that simple. If you’re an innovator hoping to monetize your invention, understanding this distinction will save you time and disappointment.

A patent is just one part of the bigger picture — it’s a protective tool, not a guarantee of profit. You still need a solid plan, strong partnerships and the right timing to actually bring that innovation to life. Let’s clear up four common U.S. patent myths to provide you with a clearer understanding of what a patent can actually do for your journey.

Myth 1: There is only one kind of U.S. patent

There are actually three types of U.S. patents that you can file for. The United States Patent and Trademark Office (USPTO) lists the three types of patents as follows:

  • Utility: For new or improved processes, machines and inventions.
  • Design: For new, original and ornamental designs, such as the shape or pattern of a useful item.
  • Plant: For new kinds of plants invented or discovered through asexual reproduction.

The specific type of U.S. patent you’ll want to file for will depend on your idea, invention or innovation. Before you begin the patent process, start with a deep dive into what’s already out there. A thorough patent search can save you a lot of time and frustration. Then, make sure you’re clear on what kind of patent you need — utility, design or plant — because each has a different purpose and process. For you, this means your invention’s unique features will dictate your approach, so getting this step right early is critical.

Myth 2: You need to be a lawyer or tied to a large company to receive a patent

This is one of the biggest myths I ran into early on, and it’s simply not true. While it helps to have legal experts involved, especially when you’re trying to protect your work globally, many of my patents came from deeply personal research and experiences.

I was hands-on with every single step, from the science to the strategy. You can absolutely be an independent innovator and still protect your ideas. You don’t need a massive machine behind you — just a clear vision, dedication and the right guidance. So, if you’re worried you don’t “fit the mold” of who can file patents, rest assured that many successful inventors started exactly where you are now.

Myth 3: Patents are valid forever

It’s not surprising that this myth is popular, especially given how confusing the different types of U.S. patents can be to the general public. Tie in the legal complexities of patents, and it’s easy to see how patent protection periods get lost in the mix. Patents are not valid forever. The three types of U.S. patents all have different lengths of validity. According to the USPTO, utility and plant patents have a period of up to 20 years “from the date the first non-provisional application for patent was filed.” A design patent is valid for a period of 15 years from the date it’s granted.

If you’re considering your patent as a long-term asset, it’s important to plan accordingly. Knowing the expiration timeline helps you strategize how to maximize the value of your invention while your patent is active.

Related: Unlocking the Market Potential of Your Patent Portfolio — A Guide for Entrepreneurs

Myth 4: A U.S. patent protects my idea/invention globally

In 2023, the U.S. was second behind China as the country with the most patent applications filed worldwide. U.S. patent applications totaled 518,791 that year. Any patents filed in the U.S. that are granted will provide legal protection within the country, not globally.

Patents are territorial rights, meaning the protections a patent provides are only applicable in the country where the patent is filed and granted. But that’s not to say you can’t protect your idea or invention worldwide —you can think globally. If your invention has the potential to help people outside the U.S., explore international patent options early. You may need to apply in individual countries or use international systems like the Patent Cooperation Treaty (PCT).

I’ve learned that having a team that understands both the science and the legal side makes everything smoother and more successful when seeking international patent coverage. For innovators like you aiming to expand your impact, early global strategy can be a game-changer.

For anyone who’s looking to protect their ideas, seeking a U.S. patent is a crucial step to take. And by debunking the myths and misconceptions that surround them, you’ll be able to make better informed decisions as you start the patent process for yourself. But remember, filing a patent isn’t just about protecting your idea — it’s about building a legacy. Every time I’ve submitted an application, I’ve done it knowing I was adding something meaningful to the world. And for me, that makes every challenge and every late-night research session worth it. If you’re on a similar path, know that your dedication to protecting your ideas today could lead to innovations that change tomorrow.

Join top CEOs, founders and operators at the Level Up conference to unlock strategies for scaling your business, boosting revenue and building sustainable success.


When people hear the word “patent,” they often think of complicated legal jargon or massive tech companies. As defined by the World Intellectual Property Organization (WIPO), a patent is an exclusive right granted for an invention that provides inventors with legal protection. But whether you’re a solo entrepreneur, a scientist, or a small business owner, patents can play a crucial role in protecting your unique ideas and innovations. For me, patents have been a very personal part of my journey as an entrepreneur and scientist, especially in my pursuit of protecting my ideas and leaving a lasting impact with my work.

The world of patents is a complicated one, with a number of requirements that anyone looking to file must meet. Additional complexities come into the mix depending on the country you’re filing in. For readers who are considering protecting their own inventions or products, understanding these nuances is key. With so many moving parts, it’s no surprise that there are a number of widespread myths surrounding U.S. patents in particular. These myths can lead to confusion and misunderstandings, making it even more intimidating to begin the patent process.

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Tags: BigcostEntrepreneursGrowing a BusinessInnovationInnovatorsIntellectual PropertyLeadershipmythsPatentPatentsProtect Your BusinessrevenueSurprisingtodayheadline
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