Why Should HE Get All the Credit?!?
Unveiling Hidden IP Dangers in Collaborative Ventures | I am what an intellectual property attorney looks like
Hello Founders and Thought Leadership Fam,
Ruky here.
It’s been a while and I’ve missed ya!
Over the last month or so, I took a much needed break and focused on building Firm for the Culture.
But I knew I could not let this summer go by without dropping some gems for the Culture.
Ready?
Let’s get into it.
Do you remember group projects in school?
I don’t always have the fondest memories.
While in college, I was the nerdy busy bee, assiduously working on group projects like my grade depended on it.
Because…it did.
So picture my dismay when the college jock decided to swoop in and take credit for his 15 minutes of work.
Yeah, I’ll admit it, I was salty.
Fast forward several years into entreprenuership when I first started collaborating with organizations and soloprenuers alike.
Through these experiences, I quickly learned that diving in without understanding intellectual property (IP) issues could lead to major problems.
And we don’t need no problems…
That’s why I’m excited to invite you to our live session, “Pause Before Partnering: IP Issues in Collaborative Events + Programs.”
This event is perfect for influencers, business owners, and social media gurus who want to harness the power of partnerships without falling into common IP traps.
Are you new to collaborations or looking to refine your approach?
Join us to gain crucial insights and ensure your partnerships are both exciting and legally sound.
Thursday, July 18th at 8:30 AM PST | 11:30 AM EST | 10:30 AM CST
Don’t miss out—sign up now to secure your spot!
Essential for business owners, influencers, and social media personalities who frequently collaborate
Ideal for anyone looking to protect their intellectual property
Valuable for those new to collaborations and seasoned collaborators alike
Provides insights to refine your approach to agreements
Helps ensure each partnership is beneficial and legally sound
Understand the key elements you need to secure to protect your interests before entering into a collaboration agreement.
Imagine you’ve just been approached by a well-known influencer to collaborate on a new product line.
The excitement of joining forces with someone influential could make it easy to overlook critical details.
However, without securing your intellectual property (IP) beforehand, you might find your ideas and hard work at risk.
Before you agree, we’ll have a chat about making sure to outline clear terms regarding who owns what, how profits will be shared, and what happens if either party decides to leave the project.
Draft a detailed agreement covering background IP, development IP, and derivative IP, ensuring that each aspect is clearly defined and protected.
Learn the differences between these types of IP, how they can impact your collaborations, and what you need to know to safeguard each.
Imagine you’re collaborating with a tech company to develop a new app.
You bring your unique algorithm (background IP), while the tech company provides their proprietary platform (background IP).
Together, you create a new feature (development IP), and later, an enhanced version of your algorithm specifically for this app (derivative IP).
Understanding these distinctions is crucial. Background IP remains with the original owner, development IP is typically shared, and derivative IP rights can be complex and need clear agreements.
If these aren’t properly defined, disputes over ownership and usage rights could arise, potentially derailing your project.
Discover what steps to take if your collaborator is “so inspired” that they steal your intellectual property, and how to legally protect yourself against such scenarios.
Imagine you’re collaborating with a graphic designer to create a series of exclusive illustrations for your new marketing campaign.
You’ve shared your unique concepts and drafts (IP) with the designer, trusting that your creative vision will be respected.
However, you soon discover that the designer has used your ideas to launch their own separate project, without your permission or acknowledgment.
This situation, unfortunately, isn’t uncommon. Handling IP theft requires immediate and strategic action.
First, gather all evidence of your original work and the unauthorized usage.
Then, reach out to the collaborator to address the issue directly and seek a resolution.
If this doesn’t work, consult with a legal professional to explore options like cease-and-desist letters or pursuing legal action to protect your rights and seek compensation.
Conclusion: Your Impact Matters
Don’t miss this opportunity to learn how to navigate the complexities of collaboration agreements effectively.
Secure your intellectual property and ensure your contributions continue to inspire and make an impact.
Sign up now to reserve your spot in this crucial conversation and take control of your professional partnerships!
What’s the biggest challenge you’ve faced with intellectual property in a collaboration, and how did you handle it?
Share your thoughts below and tag two friends who could benefit from this valuable resource!
#SpeakerContract #ThoughtLeadership #ForTheCulture
Can’t wait to help you protect your dynamic impact.
And #ThatsAWrap
The Doors of the Church Firm Are Open
Thanks for reading.
See you next time.
#ForTheCulture