48 | Jeffrey Schox | From Electric Cars to Patent Law - Finding Your Entrepreneurial Path

The Greatness Machine

Darius Mirshahzadeh

Education, Entrepreneurship, Business

5.0 • 135 Ratings

🗓️ 1 October 2021

⏱️ 69 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Leaving an established corporate gig to branch out on your own can seem daunting, and for many, the risk remains too high. In today's episode of The Greatness Machine, Darius chats with Jeffrey Schox, general partner at Trucks Venture Capital, and the founder of Schox Patent Group, a boutique patent firm focused on startups. Jeffrey started his career as an engineer on the original electric vehicle at General Motors before becoming a patent attorney for two of the largest patent law firms and eventually founding his own firm. You'll learn about Jeffrey's unusual background, from following his parents in the automotive industry to eventually striking out on his own as a patent attorney. You'll discover the power of giving and accepting help, and why passing a potential client to a more-qualified friend resulted in a flood of much needed business for his struggling new firm. You'll learn why timing is an essential tool in determining the viability of an investment, whether it be in an invention or a company. You'll also discover Jeffrey's knack for taking a complicated idea, product, etc. and teasing out the differences to determine its future value. Join Darius and Jeffrey as they discuss the entrepreneurial path, timing and the power of giving and receiving. Enjoy! What You’ll Learn in this Show: A little of Jeffrey's background, including his work on the original electric car at General Motors and his eventual shift to patent law. How handing over a potential client to a more qualified friend ended up being paid back in spades for his struggling firm. Why an understanding of timing is vital when assessing a company / product to invest your resources in. And so much more... Resources: Darius Class Website The Real Darius Facebook Instagram YouTube Twitter LinkedIn This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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1:07.0	I need to go into something where it's a service oriented, like where I get paid for like my work and my time like my effort and so I pivoted my career into patent law and I went out east and the law school came back to the Midwest and wrote a bunch of hundreds of patent applications for the automotive
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