The short answer
Devin Miller explains how he built multiple businesses to nine figures by prioritising IP protection, scalable systems, and structural design long before any exit was on the horizon.
Key takeaways
- Learning how to take a business idea and validate it in the market
- When, where, how, and why a pivot is needed in order to grow
- The importance of having an integral network of mentors and connections
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57 minAbout this episode
What do an electrical engineering degree, degree in Mandarin, law degree, and an MBA all have in common?
They all belong to our next guest, Devin Miller who’s built as many businesses as he has degrees. Devin is the type of entrepreneur who has 10 new ideas for breakfast, throws out 20 before dinner, and has another 10 by the time his head hits the pillow.
Learn how he vets these ideas and turns them into profitable business ventures – many worth 7, 8, and 9 figures. You’ll follow along on his journey as he ideated and built his first Diabetes Wearables business, as well as what he came up against during his merger with another business entity. This episode is jam-packed with useful tidbits on market validation, monetisation, and patents – of which he happens to be an expert.
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About Devin Miller
Devin Miller has founded and co-founded several 7 and 8 figure businesses. He has also founded his own patent and trademark law firm, Miller IP Law.
In addition to founding and running his own patent and trademark law firm, he is also the co-founder of several start-ups including a multi-million dollar business for wearable glucose monitoring. He also runs a product development company that helps startups and small businesses with developing their ideas and products.
Devin has sold a business he started in MBA school to another company. He kept some equity in the new business – that is now a 9 figure business. He has also purchased a small family business for his kids and nieces/nephews to work at.
Connect with Devin Miller
About the show
Buy Grow Sell is hosted by Simon Bedard, founder and managing director of Exit Advisory Group, a boutique mergers and acquisitions advisory firm that helps Australian business owners value, prepare for and navigate a sale. Every conversation draws on real deals and the patterns behind them.
