Every week thousands of patents in the US and Canada quietly expire. Less than half have ever been commercially exploited, but all of them can offer valuable inspiration in the ongoing search for profitable business ideas. 

As our articles on both Hims and Alabaster show, repurposing someone else’s IP (legally) can mean big profits. Expired patents are helpful because they can:

  • Speak to consumer needs you may have never considered 
  • Resurface forgotten designs with new potential applications
  • Lead you to dead-simple products with lots of demand