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E92: REPLAY: Do You Own What You Think You Own? Ownership is the Building Block of Recurring Revenue
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Let’s dive into the critical role ownership of intellectual property plays in scaling your business. Whether you're a budding entrepreneur or an established business owner, this episode is packed with invaluable insights into securing and leveraging your intellectual assets. 🚀
Here are 3 Key Takeaways for all you innovators and creators:
- Legal Due Diligence is Crucial: Understand the importance of tracking the ownership of IP from creation to its current holder. Ownership clarity prevents future legal headaches.
- Understand IP Creation Roles: Whether you're an employee, contractor, or partner, the default ownership might surprise you. Written agreements are non-negotiable to clarify ownership right from the start.
- Increased Exposure, Increased Risk: As you scale and your materials gain more visibility, the risks of IP challenges increase. Proactively manage and secure your IP rights to safeguard your business's future.
Looking forward to hearing your thoughts and answering any questions you might have about IP and legal due diligence. Let’s make sure you truly own what you create!
Connect with Erin to learn how to use intellectual property to increase your income and impact. hourlytoexit.com/podcast.
Erin's LinkedIn Page: https://www.linkedin.com/in/erinaustin/
Hourly to Exit is Sponsored By:
This week’s episode of Hourly to Exit is sponsored by the NDA Navigator. Non-disclosure agreements (NDAs) are the bedrock of protecting your business's confidential information. However, facing a constant stream of NDAs can be overwhelming, especially when time and budget constraints prevent you from seeking full legal review. That's where the NDA Navigator comes to your rescue. Designed specifically for entrepreneurs, consultants, and business owners with corporate clients, the NDA Navigator is your guide to understanding, negotiating, and implementing NDAs. Empower yourself with legal insights and practical tools when you don’t have the time or funds to invest in a full legal review. Get 20% off by using the coupon code “H2E”. You can find it at www.protectyourexpertise.com.
Think Beyond IP YouTube Page: https://www.youtube.com/channel/UCVztXnDYnZ83oIb-EGX9IGA/videos
Music credit: Yes She Can by Tiny Music
A Team Dklutr production
98 episodes
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