Traklight CHICCEO session

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"TRAKLIGHT", "ID YOUR IP", "IP VAULT", and "IP CLOUD" are registered trademarks of The PIP Vault, LLC. © MMXIII The PIP Vault, LLC. All Rights Reserved. Mary Juetten, Founder & CEO @traklight Feb 20, 2014 CHICCEO PROTECTING YOUR BUSINESS IDEAS, WHY SHOULD YOU CARE!
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Protecting your Business Ideas: Why Should You Care!

Transcript of Traklight CHICCEO session

Page 1: Traklight CHICCEO session

"TRAKLIGHT", "ID YOUR IP", "IP VAULT", and "IP CLOUD" are registered trademarks of The PIP Vault, LLC. © MMXIII The PIP Vault, LLC. All Rights Reserved.

Mary Juetten, Founder & CEO@traklight

Feb 20, 2014CHICCEO

PROTECTING YOUR BUSINESS IDEAS, WHY SHOULD YOU CARE!

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Entrepreneurs’ World

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Innovation Capture is Hard

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Got Intellectual Property?Why Care…

• IP theft costs US companies $250 billion annually• 100% of all companies have IP• 700K new startups annually vs. 20% protected IP after 1st year• IP is most valuable asset and not on your Balance Sheet• Exclude competition; Attract investment (incl. crowdfunding); Leverage & license• Avoid IP loss, infringement, or business failureDisclaimer: This is intended to be general information. Nothing in this presentation constitutes legal advice. Please consult with an attorney before making any intellectual property protection decisions.

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Start on the Right Trak

Do NOT start with creating a:Campaign Pitch orBusiness Plan

THIS APPLIES TO ALL FINANCING!Disclaimer: This is intended to be general information. Nothing in this presentation constitutes legal advice. Please consult with an attorney before making any intellectual property protection decisions.

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What is IP?

• Patents (utility & design)• Copyright ©• Trademark/Service mark TM SM ®• Trade secrets – unsung heroes

NO legal advice provided!

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• Inventor• Website • Software• Restaurant• Traklight!

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Case Studies

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IP Misconceptions

• IP is just for Tech Startups or Tech companies & Patents are the only IP for inventors.

• Trade secrets are the easiest to protect because there is no registration.

• You can copy anything without a copyright ©

• You can copyright an idea.

• Domain = TM

• If I pay for it, I own it.

• Patents means right to make or sell.

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WHO: IP Ownership Challenges

• Multiple Inventors• Who you are? Employee of another company• Proper Assignment of IP Rights – personal versus

company• Assume that Ownership automatically extends outside

the US

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• Idea• URL• Name• Know how• Employees• Contractors

Startup Info

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Strategies to Protect IP

• Do it Yourself:– USPTO.gov– Copyright.gov

• Hire a Professional:– Attorney, Consultant, Legal Zoom, Rocket Lawyer

• Secrets:– Notary, IP Vault, Copyright software

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CONTENT IS KING

ExpertBlogsSpeakingSocial MediaPR

Be very CAREFUL!

Traklight blog

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Ignorance is NOT a Defense

Be Careful:

Video CopyImages

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READ READ READ

Read License & Permission to Use

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Questions?

Mary [email protected]

@traklight

IDENTIFY. PROTECT. SUCCEED.

www.traklight.com

TAKE OUR FREE RISK QUIZ

USE CODE CHICCEO13FOR FREE ID YOUR IP REPORT