Intellectual property can be one of, if not the most valuable asset for many businesses. Therefore, it makes sense that as an entrepreneur, you should be on top of protecting your intellectual property via the proper filing of applicable trademarks, patents, and copyright. In this episode of the Success Fundamentals podcast, Kris and Brian talk to patent law, intellectual property and business law expert Mark Goodman about the many ways to ensure that your IP is being protected to the fullest extent. 

HIGHLIGHTS

• What it really means to own intellectual property
• The difference between a patent, copyright and a trademark
• Why you should protect your business in the first place 
• Can you put a lean on intellectual property? 
• Protecting your intellectual property in every country
• Can you sell intellectual property?

QUOTES

Mark: "A logo can be the subject of a copyright and a trademark. But the trademark is protecting against people using it in a way that causes consumer confusion whereas copyright is just saying you can't make a copy of this artwork." 

Mark: "If you have an invention and you're going for a new business based on the invention, the law makes you file early in the process -- which can trip up some entrepreneurs because otherwise it might make more sense instead of spending a bunch of money on a patent lawyer at the beginning, let's get out there and see if we sell this product, see if it really works and then go ahead later and get the patent." 

Mark: "The problem is once you start selling, in the United States you have exactly one year to file a patent application or else you forever lose your right to do so. It becomes public domain. That is harsh for entrepreneurs." 

Follow Jonathan and check out his work through the links below: 

• Website: https://www.goodmanlawnevada.com/
• LinkedIn: https://www.linkedin.com/in/markgoodmanlaw/
• Twitter: https://twitter.com/GoodmanLawNV
• Facebook: https://www.facebook.com/goodmanlawnevada/

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