S1 E1 Why Protect Intellectual Property? Safeguard Your Inspirations While Sharing Them with the World with Wayne Carroll
- S1E1
- 11:15
- April 7th 2023
I have heard this story many times: I came up with an idea for a product but did not bring it to market. Later I saw the product in the market selling very successfully.
SAFEGUARD YOUR INTELLECTUAL PROPERTY because it protects your unique ideas, inventions, and creative works legally. When your ideas are protected you can safely invest in them.
Intellectual property is property, like a house, a car, or a building, but there are different actions needed to ensure you hold the title.
Write down your brands, your secrets, and any products you have launched in the past 6 months.
Take 5 minutes for a mental exercise. Imagine you hired a CEO and they worked for your company for 3 years, and then you learn that they are leaving to go work for your competitor. What is the one thing you do not want your former CEO to take with him or use? Write this down - this knowledge is likely protectable intellectual property. If you are drawing a blank then here are some suggestions.
- Customer list (with the expiration date of all of your contracts!)
- Supplier list with negotiated prices
- Secret Recipe/process
- Marketing plan (details of where you find your dream clients and who they are)
- Business plan
- New design for a product
- Highly skilled employees that took you years to train
BIO:
Wayne Carroll is a highly experienced intellectual property lawyer with over 15 years of experience. He holds a Juris Doctor degree with a concentration in Intellectual Property Law from Suffolk University Law School, as well as an undergraduate degree in Electronic Engineering Technology from DeVry University. Wayne is the CEO and Attorney at Inspired Idea Solutions, LLC, a firm he founded in 2013, where he specializes in patent strategy, patent prosecution, trademark strategy and registration, and copyright litigation.
In addition to his legal work, Wayne is an Eagle Scout and actively volunteers with the Boy Scouts of America. He is also a proud father of six children and enjoys playing pickleball. Wayne's extensive experience and expertise in intellectual property law make him a highly respected attorney and a valuable asset to clients seeking protection for their intellectual property rights. Wayne can be reached at 480-741-2440 or [email protected]. You can also connect with Wayne on LinkedIn.
Schedule an appointment with Wayne Carroll for a strategy session on how to protect and leverage your intellectual property.
TAGS: Intellectual property, Patent strategy, Patent prosecution, Trademark strategy, Trademark registration, Protecting ideas, Idea safeguarding, Creative works protection, Legal protection, Business protection, Brand protection, Idea ownership, Idea monetization, Legal expertise, Entrepreneurship, Business strategy, Customer list, Supplier list, Secret recipe, Marketing plan, Business plan, New product design, Highly skilled employees, Intellectual property lawyer, Wayne Carroll, Strategy session
Leveraging Inspiration: The Inspired Patent Podcast
Leveraging Inspiration: The Inspired Patent Podcast
This podcast is for small business owners. You work so hard and help so many people.
It breaks my heart when I learn of a small business owner that missed opportunities because they did not have the information that they needed. That is why I am here, to help you, the small business owner, to learn how to leverage your inspiration and succeed at making the world a better place.
Listen to find out simple steps you can take to make sure you own the valuable property in your business, your inspired ideas, your innovations, and solutions. More than just protecting your intellectual property (IP), I want to help you leverage your ideas so that you can offer your solutions to as many people as possible.
Each 13-week season will take you through a process in your business to improve your intellectual property protection. In each episode, I provide a small action that you can take to better protect your IP. Added together these small actions can make a huge difference for your business and the results you achieve.
Join me each week for new episodes. Find new episodes on LeveragingInspiration.com and wherever you find your podcasts
The first season (season 13 on IBGR.Network) covers: Intellectual Property Strategy for Startups and Small Business
Show Airs - Fridays 3 pm ET beginning Apr 7, 2023
Wayne Carroll founded Inspired Idea Solutions Law Firm in 2013, an IP boutique law firm focused on helping small businesses with intellectual property. At Inspired Idea Solutions, we use a proven process for obtaining IP rights that focuses on aligning the business strategy of small business clients with their IP strategy. We help small businesses implement a strategy to ensure they own and leverage their intellectual property. We also have clear expectations with zero hidden fees.
In addition to his legal work, Wayne is an Eagle Scout and actively volunteers with the Boy Scouts of America. He is also a proud father of six children and enjoys playing pickleball. Wayne's extensive experience and expertise in intellectual property law make him a highly respected attorney and a valuable asset to clients seeking protection for their intellectual property rights. Wayne can be reached at 480-741-2440 or [email protected]. You can also connect with Wayne on LinkedIn.
For help with your business Schedule an appointment with Wayne Carroll for a strategy session on how to protect and leverage your intellectual property.