IP is a key component to establishing a brands “first mover” advantage, just do not become reliant a “one hit” wonder. You must fill this IP pipeline with new, commercially viable “breakaway”, disruptive products or technology.
Those who deploy this strategy effectively, and evangelize the need to keep the waves of innovation flowing are the one who will realize and achieve long term success.
At LiquidMind #LiquidMindsite we deploy and support brands in not only developing an effective IP pipeline, but also in ensuring they stay ahead of the curve, establishing and maintaining their “first mover” advantage.
Bryan Smeltzer is a successful consumer products business executive and entrepreneur. He has held executive-level roles in business development, product, and marketing with some of the world's most prestigious brands, including; Oakley, TaylorMade, Adidas, K-Swiss, Schutt Sports, among other international brands. In addition, Mr. Smeltzer founded an apparel brand, successfully running a profitable business for ten years, eventually selling to a VC firm. He currently oversees LiquidMind Inc., a global brand strategy firm that partners with both start-ups and established brands to empower their businesses to think different, be different, drive a passionate culture, and execute relentlessly.