Episode 102: The Power of Intellectual Property: Building Recurring Revenue Through Patents

Today, our host Bob Gauvreau interviews Mathew Mozaffari, founder of Spear Technologies and one of Canada’s Top 30 Developers Under 30. Mathew shares how he scaled his tech company from a solo developer to a nationally recognised, patent-driven organisation.

He dives into how licensing IP, embracing automation, and building a strong team culture helped fuel rapid growth. From challenging big players like Uber Eats to navigating global hiring and innovation strategies, this conversation is packed with valuable insights.

If you’re a business owner looking to scale smarter, lead better, and leverage tech for long-term growth, this episode is for you.

🎧 Tune in now and share it with a fellow entrepreneur ready to grow.

Episode Highlights:

• 00:00 Welcome to The Wealthy Entrepreneur Podcast
• 02:05 Introduction of Mathew Mazafari and Spear Technologies
• 04:38 Mathew's Journey and Early Career
• 09:13 Founding and Growth of Spear Technologies
• 10:42 Expansion and Innovation at Spear Technologies
• 14:10 Challenges and Strategies in Scaling
• 20:53 AI and Automation in Business Operations
• 31:21 Future Plans and Strategic Positioning
• 31:37 Social Impact and Innovation
• 31:50 Advice for Entrepreneurs and Team Building

About the Guest:
Mathew Mozaffari has spent nine years in the technology sector building mobile, web, and infrastructure for institutions. With notable awards including being honored as a Top 30 Developer Under 30 in Canada and representing Canadian entrepreneurship at the G20 Summit, Mathew believes technology is an art because it does not restrict us to tangible reality. He taught this belief through his involvement with the United Nations Development Programme and his efforts on the EU's Fly Forward 2020 initiatives. He is currently the founder and advisor at Speer Technologies and the Chief Technology Officer at Grata Technologies.

Connect with Mathew:

• Website: www.speer.io
• LinkedIn: https://www.linkedin.com/in/mathewmozaffari
• Instagram: https://www.instagram.com/mathewmozaffari/
• YouTube: https://www.youtube.com/@mathewmozaffari1911

Resources:

• Visit their website: www.speer.io
• Visit the Wealthy Entrepreneur Website: https://www.wealthyentrepreneur.co/ 
• Download The Wealthy Entrepreneur (digital book) for FREE: https://profitsimple.ca/wealthy-entrepreneur

• Like our Facebook Page at https://www.facebook.com/wealthyentrepreneurofficial

• Join The Wealthy Entrepreneur Community for FREE at https://www.facebook.com/groups/gauvreaucpa 

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Let’s continue to work on becoming a Wealthy Entrepreneur!