Delphos, OH–(February 27, 2025) Every successful product starts with an idea, but turning that idea into a scalable, profitable business is where many innovators struggle. In the new book, From PATENT to PROFITS: Capitalizing on Your Invention, serial entrepreneur and inventor Michael Crites offers a step-by-step playbook for transforming groundbreaking ideas into thriving enterprises.
Crites, who built a multi-million-dollar company from a simple yet innovative concept, provides business leaders, startup founders, and product developers with practical strategies to navigate patents, product development, funding, and commercialization.
A Practical Guide for Business-Minded Innovators
Designed for professionals seeking scalable growth, this book walks readers through critical steps, including market validation, product development, IP protection, business structuring, capital raising, profit maximization, and exit strategy planning.
Crites explains, “With From PATENT to PROFITS, I want to bridge the gap between innovation and execution. Too many brilliant ideas die on the vine because inventors lack the business acumen to commercialize them. This book is about turning inspiration into impact—and revenue.”
Why Business Leaders Should Pay Attention
In an era where intellectual property fuels economic growth, understanding how to navigate the patent-to-market process is essential for entrepreneurs and corporate innovators alike. Whether launching a startup or scaling an existing business, From PATENT to PROFITS provides a blueprint for building sustainable success.
From PATENT to PROFITS is available now in hardcover, ebook, and audiobook formats from Amazon, BarnesandNoble.com, and other online retailers.
For more information about the book, please visit: https://getfrompatenttoprofits.com/
For media inquiries, review copies, or interview requests, please contact:
Jon Malysiak
StoryTerrace
jon.malysiak@storyterrace.com
+44 7850 656183
About the Author
Michael Crites is an inventor, entrepreneur, and business strategist who transformed his innovative ideas into a multi-million-dollar enterprise. With extensive experience in patents, product commercialization, and startup growth, he now helps other entrepreneurs bring their ideas to market and scale their businesses profitably.
Derick is an experienced reporter having held multiple senior roles for large publishers across Europe. Specialist subjects include small business and financial emerging markets.