WEBVTT

1
00:00:00.000 --> 00:00:10.600
If you look further, there is a smiley face, plus coming off his head, it says reactions

2
00:00:10.600 --> 00:00:12.320
if you go there.

3
00:00:12.320 --> 00:00:13.320
It says raise hand.

4
00:00:13.320 --> 00:00:17.120
Although I'm looking at you and if I can see you, I can see you raise your hand.

5
00:00:17.120 --> 00:00:19.040
Teresa is ready to testify.

6
00:00:19.040 --> 00:00:23.040
Let me get you spotlighted.

7
00:00:23.040 --> 00:00:24.040
Unmute.

8
00:00:24.040 --> 00:00:28.040
I love that smile, Teresa.

9
00:00:29.040 --> 00:00:31.040
Okay, you have to unmute.

10
00:00:31.040 --> 00:00:33.040
I'm going to ask you to unmute.

11
00:00:33.040 --> 00:00:35.040
Honey, hold on.

12
00:00:35.040 --> 00:00:37.040
I need you to unmute.

13
00:00:37.040 --> 00:00:38.040
Oh, sorry.

14
00:00:38.040 --> 00:00:39.040
I thought I unmuted.

15
00:00:39.040 --> 00:00:40.040
Okay.

16
00:00:40.040 --> 00:00:43.040
So, this was definitely worth it.

17
00:00:43.040 --> 00:00:45.040
But man, there's so much.

18
00:00:45.040 --> 00:00:52.040
You never even think about it until, you know, somebody tells you, you know, I mean, I've

19
00:00:52.040 --> 00:01:00.040
been putting, most of us have, putting all over Facebook of our grandkids, of our kids,

20
00:01:00.040 --> 00:01:03.040
of our vacations, you know, everything, all our life.

21
00:01:03.040 --> 00:01:06.040
You know, you see my husband in the background.

22
00:01:06.040 --> 00:01:11.040
Anyway, been putting photos on, you know, everything, you know, I mean, and everything

23
00:01:11.040 --> 00:01:17.040
else, you know, and I have a little saying that I say that I learned, well, I didn't

24
00:01:17.040 --> 00:01:21.040
learn it, I came, well, the Holy Spirit gave me, I get to say that, gave me a little saying,

25
00:01:21.040 --> 00:01:26.040
back when my, when my grandkids, my older grandkids were younger, to help them with

26
00:01:26.040 --> 00:01:28.040
nightmares at night.

27
00:01:28.040 --> 00:01:35.040
And so, I realized that that saying that I've been saying, the Holy Spirit gave it to me,

28
00:01:35.040 --> 00:01:40.040
and that that's probably something that, you know, I could have protected, you know, it's

29
00:01:40.040 --> 00:01:45.040
like, wow, I didn't even think of something like that, you know, it's like, wow.

30
00:01:45.040 --> 00:01:51.040
So, I mean, it's, it's really, you know, there's so many things you don't realize that

31
00:01:51.040 --> 00:01:53.040
you should protect.

32
00:01:53.040 --> 00:01:58.040
It's like, yeah, I know.

33
00:01:58.040 --> 00:02:01.040
I was gonna say, don't tell us what the slogan is, but you're telling us, you have a little

34
00:02:01.040 --> 00:02:05.040
saying that is true, Teresa.

35
00:02:05.040 --> 00:02:07.040
Yeah, yeah.

36
00:02:07.040 --> 00:02:11.039
And it's like, it's, that's just so, you know, you don't think of these things, you know,

37
00:02:12.040 --> 00:02:16.040
but I've been using this, this saying, this slogan, or whatever.

38
00:02:16.040 --> 00:02:21.040
It's a, it's just like a little blessing, you know, on everybody.

39
00:02:21.040 --> 00:02:28.040
You know, I don't, I don't mind, you know, people using it, I've told them, you know,

40
00:02:28.040 --> 00:02:32.040
it's just that, you know, you got to think about what does the Holy Spirit want you to

41
00:02:32.040 --> 00:02:40.040
share, and, you know, and let other people use and what, you know, so it's like, you

42
00:02:40.040 --> 00:02:44.040
just don't, it's like, wow, it's just so much.

43
00:02:44.040 --> 00:02:46.040
So yeah, this was definitely worth it.

44
00:02:46.040 --> 00:02:48.040
I learned a lot.

45
00:02:48.040 --> 00:02:54.040
And yeah, so before I actually put my website out because it has a lot of pictures of my

46
00:02:54.040 --> 00:02:59.040
daughter, and my grandson because he was born at 25 weeks.

47
00:02:59.040 --> 00:03:04.040
So, yeah, so there's a lot of photos of him and I got to make sure that those photos are

48
00:03:05.040 --> 00:03:11.040
not, you know, used for, you know, I mean, she did give permission for one of the pro

49
00:03:11.040 --> 00:03:17.040
life sites to use it, she gave written permission to them to use his photos.

50
00:03:17.040 --> 00:03:21.040
So it's like, wow, you know, you just don't think of these things.

51
00:03:21.040 --> 00:03:29.040
So I just want to thank Peter and you guys for everything, man, this is definitely worth it.

52
00:03:29.040 --> 00:03:31.040
Thank you so much for sharing.

53
00:03:31.040 --> 00:03:32.040
Thank you so much for sharing.

54
00:03:32.040 --> 00:03:35.040
We totally appreciate that.

55
00:03:35.040 --> 00:03:44.040
And anyone else who has got a reason why they are so thankful that this was worth it to

56
00:03:44.040 --> 00:03:47.040
you, raise your virtual hand or shake at me.

57
00:03:47.040 --> 00:03:54.040
Tracy, let me get your spotlight and I'll go ahead and unmute.

58
00:03:54.040 --> 00:03:57.040
Tell us why this was so worth it to you already.

59
00:03:58.040 --> 00:04:01.040
Well, I told you, did you get my email by the way?

60
00:04:01.040 --> 00:04:04.040
Just so I know if my emails are working yet?

61
00:04:04.040 --> 00:04:05.040
No.

62
00:04:05.040 --> 00:04:08.040
That's a question for Ray.

63
00:04:08.040 --> 00:04:11.040
I will open up right now.

64
00:04:11.040 --> 00:04:14.040
Apparently you did.

65
00:04:14.040 --> 00:04:15.040
It's okay.

66
00:04:15.040 --> 00:04:18.040
I can take a look and I'll respond.

67
00:04:18.040 --> 00:04:19.040
Well, you can, yeah, you can respond later.

68
00:04:19.040 --> 00:04:21.040
I mean, I don't want to hold this up.

69
00:04:22.040 --> 00:04:27.040
Wow, yeah, I can never tell when something is going through or not.

70
00:04:27.040 --> 00:04:30.040
So I said a lot of it in there.

71
00:04:30.040 --> 00:04:39.040
I'm just so thrilled that somebody with so much expertise has such a heart to help so many of us.

72
00:04:40.040 --> 00:04:59.040
And yeah, it's been, there's so much information that you know you're going to save tens of thousands minimally or hundreds of thousands, depending on what your vision is for the future and legal fees and so forth.

73
00:04:59.040 --> 00:05:00.040
You know, really, it's, it's.

74
00:05:00.000 --> 00:05:02.360
It's just so helpful.

75
00:05:02.360 --> 00:05:05.560
So much good information and then food for thought

76
00:05:05.560 --> 00:05:10.320
because you don't even, I don't even think that way.

77
00:05:10.320 --> 00:05:12.740
I think in a little bit, but not that much

78
00:05:12.740 --> 00:05:14.520
about how much to protect yourself

79
00:05:14.520 --> 00:05:17.220
just to avoid the hassles later.

80
00:05:17.220 --> 00:05:21.080
So it's been a true wealth of information

81
00:05:21.080 --> 00:05:24.760
and the way it's given, again, with such clarity

82
00:05:24.760 --> 00:05:29.040
and just to hear it from somebody who you feel

83
00:05:29.080 --> 00:05:31.440
whose heart is really in the right place

84
00:05:31.440 --> 00:05:35.920
to help so many people and empower them in a healthy way

85
00:05:37.280 --> 00:05:38.280
is beautiful to me.

86
00:05:38.280 --> 00:05:40.940
And so thank you and I bless it.

87
00:05:43.240 --> 00:05:44.080
Beautiful.

88
00:05:44.080 --> 00:05:44.920
Thank you, Tracy.

89
00:05:44.920 --> 00:05:49.760
That was what we, it just shows we're doing the right thing.

90
00:05:49.760 --> 00:05:51.720
That Peter is, his heart is there.

91
00:05:51.720 --> 00:05:56.720
Like, yeah, I can't, I can't avoid that fact.

92
00:05:56.960 --> 00:05:59.000
I can't avoid that fact.

93
00:05:59.000 --> 00:05:59.840
It's beautiful.

94
00:05:59.840 --> 00:06:00.660
Yeah, thank you.

95
00:06:00.660 --> 00:06:02.920
And for all of you, thank you very much.

96
00:06:02.920 --> 00:06:04.440
So good.

97
00:06:04.440 --> 00:06:09.360
Look in and how about one more, Connie?

98
00:06:09.360 --> 00:06:11.920
You've got a testimony to give us.

99
00:06:11.920 --> 00:06:15.600
Let me get you spotlighted and you can unmute

100
00:06:15.600 --> 00:06:19.520
and tell us your blown away goodness moment.

101
00:06:21.520 --> 00:06:26.440
Well, first I wanna say something that Teresa was talking.

102
00:06:26.440 --> 00:06:28.800
When she said, ask the Holy Spirit,

103
00:06:30.240 --> 00:06:33.620
in these years where I didn't have Peter,

104
00:06:34.920 --> 00:06:37.640
I had to rely on the Holy Spirit.

105
00:06:37.640 --> 00:06:41.080
And the word of God says something.

106
00:06:41.080 --> 00:06:43.740
And if you're not Christian, I'm sorry if this bothers you,

107
00:06:43.740 --> 00:06:48.740
but seriously, he says to a king at one point,

108
00:06:49.580 --> 00:06:51.660
God does, he says, you know,

109
00:06:51.660 --> 00:06:54.220
because you let them see everything,

110
00:06:54.220 --> 00:06:56.060
it's all gonna be taken from you.

111
00:06:57.060 --> 00:07:02.060
And it was, you know, it was wealth.

112
00:07:02.100 --> 00:07:04.660
It was his everything, his whole kingdom.

113
00:07:04.660 --> 00:07:08.860
And so every now and then I would be wanting

114
00:07:08.860 --> 00:07:11.860
to share something and God would be like,

115
00:07:13.220 --> 00:07:15.260
do you remember?

116
00:07:15.380 --> 00:07:17.380
Do you remember?

117
00:07:17.380 --> 00:07:22.380
So, and there have been times when I was first online

118
00:07:23.860 --> 00:07:26.140
where people would ask and I'd say a little something

119
00:07:26.140 --> 00:07:28.300
and man, that check would be there.

120
00:07:28.300 --> 00:07:33.300
And I've been in meetings where I was the guest speaker

121
00:07:33.620 --> 00:07:36.940
and I was like, no, I can't talk about that.

122
00:07:36.940 --> 00:07:41.940
You know, so what little I had was a lot

123
00:07:42.940 --> 00:07:46.300
because it came from God, right?

124
00:07:46.300 --> 00:07:51.300
But Peter's opening my eyes to all the little ways

125
00:07:53.700 --> 00:07:56.280
and there's just no end.

126
00:07:56.280 --> 00:08:00.460
I know you want specifics, but I think I've given some,

127
00:08:01.340 --> 00:08:03.100
but you guys have no idea.

128
00:08:03.100 --> 00:08:05.420
I've been doing this for several years

129
00:08:05.420 --> 00:08:08.260
and I'm like, oh crap, oh crap.

130
00:08:08.260 --> 00:08:11.980
You know, there's so many little tiny things.

131
00:08:11.980 --> 00:08:14.460
Even if I did something good here,

132
00:08:14.460 --> 00:08:17.620
oh, look at that there, like the non-compete,

133
00:08:17.620 --> 00:08:19.420
not having that.

134
00:08:19.420 --> 00:08:22.260
I don't even remember thinking about that.

135
00:08:22.260 --> 00:08:24.480
But as soon as he said it, I was like,

136
00:08:26.100 --> 00:08:29.740
I know of an incident where I should have been more careful

137
00:08:29.740 --> 00:08:34.740
with somebody and made sure they signed something like that.

138
00:08:34.740 --> 00:08:35.580
So.

139
00:08:35.580 --> 00:08:36.419
Awesome.

140
00:08:36.419 --> 00:08:38.659
Thank you so much, Connie, for sharing that.

141
00:08:38.659 --> 00:08:39.900
Thank you all for sharing that.

142
00:08:39.900 --> 00:08:44.100
It's really, it really hits home.

143
00:08:44.100 --> 00:08:46.580
It's one of the reasons why we created this

144
00:08:46.580 --> 00:08:50.820
is just we saw so many people running into problems.

145
00:08:50.820 --> 00:08:54.320
And you know, when you're given certain gift things,

146
00:08:54.320 --> 00:08:55.900
you're supposed to provide those

147
00:08:55.900 --> 00:08:58.740
for the wellbeing of others, right?

148
00:08:58.740 --> 00:09:01.900
So one saying I always say is like,

149
00:09:01.900 --> 00:09:03.860
if you get to the top of the mountain and you're alone,

150
00:09:03.860 --> 00:09:05.020
you did something wrong.

151
00:09:05.420 --> 00:09:07.620
You shouldn't be at the top of the mountain by yourself,

152
00:09:07.620 --> 00:09:09.140
you know, and everybody's always striving

153
00:09:09.140 --> 00:09:10.420
to get to the top of the mountain.

154
00:09:10.420 --> 00:09:14.340
And, hey, that's awesome if you've got that aggressiveness,

155
00:09:14.340 --> 00:09:15.980
but if you're there and you're enjoying the view

156
00:09:15.980 --> 00:09:17.140
and you look to the left and right

157
00:09:17.140 --> 00:09:19.380
and nobody's next to you, it's really lonely.

158
00:09:20.540 --> 00:09:23.060
You should be lifting up to other people with you.

159
00:09:23.060 --> 00:09:26.540
And so hopefully as you're all learning these things,

160
00:09:26.540 --> 00:09:28.660
you're also sharing with others, right?

161
00:09:28.660 --> 00:09:31.700
As you're coaching other people, you're sharing with others.

162
00:09:31.700 --> 00:09:33.740
You say to them, when you see somebody struggling

163
00:09:33.780 --> 00:09:36.060
and saying, oh my gosh, I come up with this great name,

164
00:09:36.060 --> 00:09:38.340
but I'm not making a product that you say,

165
00:09:38.340 --> 00:09:40.220
hey, there's a thing called the Section 1B

166
00:09:40.220 --> 00:09:43.220
trademark application called an intent to use application.

167
00:09:43.220 --> 00:09:46.220
So you can file now and nobody can ever take your name.

168
00:09:46.220 --> 00:09:48.100
They're gonna go, what?

169
00:09:48.100 --> 00:09:50.060
What in the world are you talking about?

170
00:09:50.060 --> 00:09:51.340
And that's because you've obtained

171
00:09:51.340 --> 00:09:52.620
that level of knowledge here.

172
00:09:52.620 --> 00:09:54.860
So that's the hope.

173
00:09:54.860 --> 00:09:58.100
The hope is that we're equipping you with certain tools

174
00:09:58.100 --> 00:10:00.300
that are gonna make it so that you become.

175
00:10:00.000 --> 00:10:03.160
more valuable to the people who are around you,

176
00:10:03.160 --> 00:10:04.760
because your own experiences,

177
00:10:04.760 --> 00:10:07.280
your own scars become pathways for other people.

178
00:10:07.280 --> 00:10:10.880
Your own experiences become guidance for other people.

179
00:10:10.880 --> 00:10:12.840
And so you're going to have a group of individuals

180
00:10:12.840 --> 00:10:16.360
that are going to flock around you specifically

181
00:10:16.360 --> 00:10:18.040
because of what you've been through.

182
00:10:18.040 --> 00:10:20.480
And so your tools, the things that you're learning

183
00:10:20.480 --> 00:10:21.680
are going to just make it

184
00:10:21.680 --> 00:10:23.720
so that you can speak into their lives

185
00:10:23.720 --> 00:10:24.840
and they'll receive from you.

186
00:10:24.840 --> 00:10:27.600
So I know that some of you personally

187
00:10:27.920 --> 00:10:29.800
have emailed and text me

188
00:10:29.800 --> 00:10:33.520
and let me see all sorts of bad experiences

189
00:10:33.520 --> 00:10:35.840
that you guys have had in the business world.

190
00:10:35.840 --> 00:10:37.920
And so now that you have these tool sets,

191
00:10:37.920 --> 00:10:40.680
you can go forth and bless others with those as well.

192
00:10:40.680 --> 00:10:44.400
So we're going to start out by jumping into patents.

193
00:10:44.400 --> 00:10:48.400
About halfway in, I'm going to reveal something to you

194
00:10:48.400 --> 00:10:50.720
that will literally change your life.

195
00:10:52.440 --> 00:10:53.920
You'll see, you'll see.

196
00:10:53.920 --> 00:10:56.200
It will literally change your life,

197
00:10:56.240 --> 00:10:58.440
get you on the right path, get things lined up.

198
00:10:58.440 --> 00:10:59.280
So don't worry.

199
00:10:59.280 --> 00:11:01.600
A number of you have been emailing me saying,

200
00:11:01.600 --> 00:11:02.680
you know, I want to hire you.

201
00:11:02.680 --> 00:11:03.520
I want this.

202
00:11:03.520 --> 00:11:04.360
What do we do?

203
00:11:04.360 --> 00:11:05.920
And that will take care of too.

204
00:11:05.920 --> 00:11:07.080
I mean, it's, don't worry.

205
00:11:07.080 --> 00:11:08.720
Everything will be taken care of.

206
00:11:08.720 --> 00:11:11.360
I want you to just kind of put this in perspective.

207
00:11:11.360 --> 00:11:12.320
This is day four.

208
00:11:12.320 --> 00:11:15.920
You've only had three days, three days of training

209
00:11:17.160 --> 00:11:20.320
and you have replays and you have materials

210
00:11:20.320 --> 00:11:22.480
that you'll be able to go back and write notes over

211
00:11:22.480 --> 00:11:24.680
and then try things out.

212
00:11:24.680 --> 00:11:26.160
But just think about this.

213
00:11:27.000 --> 00:11:28.440
It's kind of like, you've never seen color.

214
00:11:28.440 --> 00:11:31.360
Have you ever seen, has anybody ever seen one of those,

215
00:11:31.360 --> 00:11:33.680
those videos where the person's colorblind

216
00:11:33.680 --> 00:11:35.640
and all of a sudden they give them the glasses

217
00:11:35.640 --> 00:11:39.280
and they're like, they can't even control their senses.

218
00:11:39.280 --> 00:11:41.760
They're just like, oh my gosh.

219
00:11:41.760 --> 00:11:44.720
Like you've been seeing this your entire life.

220
00:11:44.720 --> 00:11:46.160
You've seen all these colors.

221
00:11:46.160 --> 00:11:48.000
Like I've never experienced.

222
00:11:48.000 --> 00:11:49.240
Yeah, they're one of my favorite.

223
00:11:49.240 --> 00:11:52.480
That is actually one of my favorite videos actually, April.

224
00:11:52.480 --> 00:11:54.600
So it's literally like this.

225
00:11:54.640 --> 00:11:58.200
It's like these areas of law have already existed.

226
00:11:58.200 --> 00:12:00.360
I didn't create new areas of law.

227
00:12:00.360 --> 00:12:03.480
These have been around you since you,

228
00:12:03.480 --> 00:12:05.400
before you were born, some of them.

229
00:12:05.400 --> 00:12:07.560
Okay, some of them are newer,

230
00:12:07.560 --> 00:12:09.680
but these things are basically been around it.

231
00:12:09.680 --> 00:12:11.560
What I've done is I've put new glasses

232
00:12:11.560 --> 00:12:13.920
on every single one of you.

233
00:12:13.920 --> 00:12:18.920
Now all of you are seeing how the real world

234
00:12:18.920 --> 00:12:23.760
is supposed to work and how you can maneuver in that world.

235
00:12:23.760 --> 00:12:26.600
So in this experience, you're kind of like in that,

236
00:12:26.600 --> 00:12:29.240
whoa, oh my gosh, there's this, there's that.

237
00:12:29.240 --> 00:12:31.840
So I just wanna take like one minute and speak into this.

238
00:12:31.840 --> 00:12:32.680
And then we're gonna,

239
00:12:32.680 --> 00:12:34.080
we're probably gonna go about 10 minutes over

240
00:12:34.080 --> 00:12:35.360
just so everybody knows.

241
00:12:35.360 --> 00:12:36.920
I'm gonna give you plenty of time,

242
00:12:36.920 --> 00:12:39.360
make sure you're all taken care of.

243
00:12:39.360 --> 00:12:40.640
But here's the thing.

244
00:12:41.920 --> 00:12:44.120
When you look and you see there's 10 things

245
00:12:44.120 --> 00:12:45.840
that I need to do,

246
00:12:45.840 --> 00:12:47.560
cause I've seen some of the lives.

247
00:12:47.560 --> 00:12:50.880
I see Angela, I love Angela.

248
00:12:50.880 --> 00:12:54.080
She's like, yes, I've got like 15 things to do.

249
00:12:54.080 --> 00:12:55.480
What's going on?

250
00:12:55.480 --> 00:12:57.760
So here's the thing.

251
00:12:57.760 --> 00:12:59.320
This is what I want you to do, okay?

252
00:12:59.320 --> 00:13:01.440
First of all, when you realize

253
00:13:01.440 --> 00:13:03.320
that there's 10 things for you to do,

254
00:13:04.400 --> 00:13:06.400
first of all, celebrate.

255
00:13:06.400 --> 00:13:07.760
Because only a week ago,

256
00:13:07.760 --> 00:13:10.200
you didn't know there was one thing to do, all right?

257
00:13:10.200 --> 00:13:12.400
So number one, celebrate.

258
00:13:12.400 --> 00:13:14.320
You're like, thank you, God.

259
00:13:14.320 --> 00:13:18.400
I actually realized that I have value,

260
00:13:18.400 --> 00:13:21.880
that there are assets that are within my grasp

261
00:13:21.880 --> 00:13:24.280
that I can A, own,

262
00:13:24.280 --> 00:13:27.400
and B, tend to steward properly.

263
00:13:27.400 --> 00:13:28.800
And then separate from that,

264
00:13:28.800 --> 00:13:31.440
I can make sure I don't infringe upon the rights of others.

265
00:13:31.440 --> 00:13:33.840
I didn't even know that a week ago.

266
00:13:33.840 --> 00:13:35.440
So number one, celebrate.

267
00:13:35.440 --> 00:13:38.480
Acknowledge the fact that you have knowledge

268
00:13:38.480 --> 00:13:39.880
that you never had before.

269
00:13:39.880 --> 00:13:41.280
That's number one.

270
00:13:41.280 --> 00:13:44.760
Number two, in that list,

271
00:13:44.760 --> 00:13:47.360
write down everything that's coming to mind.

272
00:13:47.360 --> 00:13:48.720
You're saying, oh my gosh,

273
00:13:48.720 --> 00:13:49.760
there's all these things to fix.

274
00:13:49.760 --> 00:13:50.600
That's fine.

275
00:13:50.600 --> 00:13:51.440
Don't worry about it.

276
00:13:51.440 --> 00:13:53.880
Just write them all down on a piece of paper

277
00:13:53.880 --> 00:13:55.240
or type them down.

278
00:13:55.240 --> 00:13:56.720
I tend to write,

279
00:13:56.720 --> 00:13:58.880
because what I find is when I write things,

280
00:13:58.880 --> 00:14:02.520
it's like I'm expressing myself as opposed to typing.

281
00:14:02.520 --> 00:14:03.800
That's just my own thing.

282
00:14:03.800 --> 00:14:05.280
You know, you may be a little different,

283
00:14:05.280 --> 00:14:07.200
but for me, I write.

284
00:14:07.200 --> 00:14:08.040
I write it out.

285
00:14:08.040 --> 00:14:10.840
So write down every single thing

286
00:14:10.840 --> 00:14:12.680
that is popping up in your head.

287
00:14:13.600 --> 00:14:14.960
Checking the corporate name,

288
00:14:14.960 --> 00:14:16.240
checking the product names,

289
00:14:16.240 --> 00:14:18.200
checking the services.

290
00:14:18.200 --> 00:14:20.320
You know, I need to determine whether or not

291
00:14:20.320 --> 00:14:22.880
that employee that I have signed an agreement

292
00:14:22.880 --> 00:14:24.120
saying that they assign all rights,

293
00:14:24.120 --> 00:14:25.920
had or an interest for everything

294
00:14:25.920 --> 00:14:28.760
that they're working on over to my company.

295
00:14:28.760 --> 00:14:31.880
I wanna make sure that I don't assign all the IP

296
00:14:31.880 --> 00:14:33.600
to my company and lose rights

297
00:14:33.600 --> 00:14:36.280
because the board has ownership rights

298
00:14:36.280 --> 00:14:37.640
over everything that owns in the company.

299
00:14:37.640 --> 00:14:39.240
Like write down everything.

300
00:14:39.240 --> 00:14:40.600
Just write down whatever comes.

301
00:14:40.600 --> 00:14:42.840
It's just like a brain dump, right?

302
00:14:42.840 --> 00:14:46.200
Any of you who are authors, you've done this.

303
00:14:47.040 --> 00:14:47.880
You literally have that day.

304
00:14:47.880 --> 00:14:48.720
It's not a polishing day.

305
00:14:48.720 --> 00:14:50.360
It's just a blah.

306
00:14:50.360 --> 00:14:52.480
Like literally you're just like,

307
00:14:52.480 --> 00:14:55.120
and Tom walked up the hill and a car came

308
00:14:55.120 --> 00:14:56.240
and then there was lightning.

309
00:14:56.240 --> 00:14:59.120
And then there was a flood and the rocks were sharp.

310
00:14:59.120 --> 00:14:59.960
And then the.

311
00:15:00.000 --> 00:15:03.360
that came in with purple. And you're like, what in the world does that have to do with anything?

312
00:15:03.360 --> 00:15:09.040
Doesn't matter. Just write it down. Trust me. I'm walking you through a process that's going to make

313
00:15:09.040 --> 00:15:14.880
your life different. Okay. So number one, give thanks. Number two, write everything down. Now,

314
00:15:14.880 --> 00:15:22.560
number three, look at your list and prioritize. You need to prioritize what's most important here.

315
00:15:22.560 --> 00:15:27.520
Because yes, by all means, there are copyrights that you can file. Yes, there are trademarks you

316
00:15:27.520 --> 00:15:33.200
can file. But what I've taught you over the last few days is that there are certain rights you have

317
00:15:33.200 --> 00:15:38.720
that you don't even realize you already have. Under common law, you already have certain

318
00:15:38.720 --> 00:15:46.480
trademark rights. Under copyright law, you already have certain rights. So don't feel like in this

319
00:15:46.480 --> 00:15:55.040
one week, I need to file 65 copyrights to be the equivalent of the cost of filing one copyright,

320
00:15:55.040 --> 00:16:02.800
which is $65. It's like, no, you don't. Just write it down. And now after you've given thanks,

321
00:16:02.800 --> 00:16:05.920
and you write them all down, you're going to look at that list, and you're going to prioritize.

322
00:16:05.920 --> 00:16:11.360
And like two or three things are going to jump out at you, like the corporate name, or like the,

323
00:16:11.360 --> 00:16:15.520
you know, you've got seven technologies. Today, we're going to talk about one of Samuel's favorite

324
00:16:15.520 --> 00:16:21.280
topics, patents. Right, Samuel? We're going into patents here. So awesome topic. And so you see,

325
00:16:21.280 --> 00:16:26.080
oh, there's three different technologies. Well, one of the technologies is a core technology.

326
00:16:26.080 --> 00:16:30.240
Maybe you protect that alone, and you don't protect the other two, because you don't have

327
00:16:30.240 --> 00:16:36.320
the funds for it yet. All right? Here's the thing. If you steward well that which you're being blessed

328
00:16:36.320 --> 00:16:43.120
with, more will come. It's just the way the system works. That's just, it's like, it's just the way

329
00:16:43.120 --> 00:16:48.960
the kingdom works. I'm telling you, that's how it works. It's like, here's the thing. Imagine this

330
00:16:48.960 --> 00:16:53.680
thing, and I'm going to jump into patents. All right? Just imagine this. Why am I taking time

331
00:16:53.680 --> 00:16:57.280
talking about this? Because I care about you guys. I mean, quite frankly, I could just be

332
00:16:57.280 --> 00:17:02.480
jumping into patents right now, and saying, this is what a patent is, blah, blah, blah. But

333
00:17:02.480 --> 00:17:07.119
I want to make sure you get, not only you get this, but you know what to do with it. Okay? It's

334
00:17:07.119 --> 00:17:11.599
really important to me that you don't panic, and at the same time, you don't forget what you're

335
00:17:11.599 --> 00:17:17.760
learning. Okay? So here's the thing. Imagine you have a child who's got like a C minus

336
00:17:17.760 --> 00:17:24.480
grade average in school. Okay? And the child comes to you. They're like 10 years old. They say,

337
00:17:24.480 --> 00:17:30.480
I want a new cell phone. I want an iPhone. I want an iPhone 27, right? I don't know what number we're

338
00:17:30.480 --> 00:17:35.920
up to, like 14 or 15 or something. I want an iPhone 27, right? And you're like, geez, I need to

339
00:17:36.720 --> 00:17:42.560
pay 1,500 bucks for a phone. Are you kidding me? But in your mind, you're thinking, if I give this

340
00:17:42.560 --> 00:17:46.400
phone to this child who has a C minus average, they're going to download apps. They're going

341
00:17:46.400 --> 00:17:51.680
to play on all these Twitter. You know, they're going to be on all these different things that

342
00:17:51.680 --> 00:17:56.720
are going to TikTok, Facebook, Instagram. Their grade point average is going to tank.

343
00:17:57.280 --> 00:18:05.280
So what do you do? You give them a really cheap, cheap, cheap phone that has no capability for any

344
00:18:05.280 --> 00:18:11.680
kind of games or any type of apps. You give them a flip phone, and they look like an idiot in school.

345
00:18:12.560 --> 00:18:16.400
But what you're trying to do is make sure they have some kind of sense of responsibility

346
00:18:16.400 --> 00:18:20.400
with what they have, right? So now they're using the flip phone, and they're like,

347
00:18:20.400 --> 00:18:23.360
somebody comes over, and they're like, man, it looks like you're in Star Trek. You're like,

348
00:18:23.360 --> 00:18:27.760
yeah, yeah, whatever. It's my phone. That's how I call my mom. So now they're doing all right with

349
00:18:27.760 --> 00:18:33.760
the phone. And their grade point average is doing OK. They're moving up. They're like a C, C plus.

350
00:18:33.760 --> 00:18:38.560
You're like, OK, no problem. I'm going to give you a Crackberry now, right? You guys remember

351
00:18:38.560 --> 00:18:42.880
the Crackberries, right? Because now all of a sudden, you can type with your fingers. Yeah,

352
00:18:42.880 --> 00:18:47.040
you remember that, right? So now you give them a Crackberry. They're like, what is this thing?

353
00:18:47.040 --> 00:18:52.080
It looks like an iPad with a lot of buttons. I don't get it. So now you're giving them the

354
00:18:52.080 --> 00:18:56.880
Crackberry, and they're using that. All their friends are still making fun of them. But they're

355
00:18:56.880 --> 00:19:01.280
also getting tutoring. They're doing well in school. They're moving up to a B average. So

356
00:19:01.280 --> 00:19:06.560
they're stewarding well the gift that you gave them. They're not crashing. So now all of a sudden,

357
00:19:06.640 --> 00:19:11.680
you know, it comes Christmas time. They moved up to a B plus. And what do you give them for

358
00:19:11.680 --> 00:19:17.040
Christmas? You give them an iPhone. Now, they're not even thinking of the iPhone at that point.

359
00:19:17.040 --> 00:19:20.800
They're just kind of focused on other things. But you give it to them because you know that

360
00:19:20.800 --> 00:19:26.640
they steward it well. It's the same way. That principle is the same principle that applies

361
00:19:26.640 --> 00:19:32.480
to technology, to companies, to the gift things that you receive, to the ideas that you receive.

362
00:19:32.960 --> 00:19:38.080
When you receive ideas, there's like a determination as to whether or not you're

363
00:19:38.080 --> 00:19:42.880
stewarding them well. If you're stewarding them well, I guarantee you more stuff comes.

364
00:19:43.600 --> 00:19:48.560
If you're not like stewarding them well, then you're going to find you got to keep working with

365
00:19:48.560 --> 00:19:53.440
it. And look, I've been there working on the same thing multiple times myself. So I'm talking to

366
00:19:53.440 --> 00:19:58.480
myself. Does that help you guys? It's kind of an aside, but I want to put this all in perspective

367
00:19:58.480 --> 00:19:59.040
because

368
00:20:00.000 --> 00:20:01.960
For today, we're going to go over patents.

369
00:20:01.960 --> 00:20:04.760
Tomorrow, we're bringing it all together.

370
00:20:04.760 --> 00:20:08.920
And I just want to make sure that before I let you guys go,

371
00:20:08.920 --> 00:20:10.860
you guys get the big picture here.

372
00:20:10.860 --> 00:20:13.880
It's not just there's a ton of knowledge to get.

373
00:20:13.880 --> 00:20:15.960
You're like in a law school class.

374
00:20:15.960 --> 00:20:18.600
This is way deeper than that, all right?

375
00:20:18.600 --> 00:20:20.520
OK, so let's jump into patents.

376
00:20:20.520 --> 00:20:22.960
I'm glad that helped you guys out.

377
00:20:22.960 --> 00:20:25.120
Let's jump into patents a little bit here.

378
00:20:25.120 --> 00:20:29.120
Now, patents are a whole other world, OK?

379
00:20:29.120 --> 00:20:34.480
Patents are a grant by a government.

380
00:20:34.480 --> 00:20:36.560
Now, the government could be the United States.

381
00:20:36.560 --> 00:20:38.720
It could be Germany.

382
00:20:38.720 --> 00:20:42.720
It could be Japan, China, India, Australia.

383
00:20:42.720 --> 00:20:46.800
It could be like anywhere, any government.

384
00:20:46.800 --> 00:20:50.040
So it's a grant by a government giving you

385
00:20:50.040 --> 00:20:57.600
a limited monopoly on your technology or your service

386
00:20:57.600 --> 00:20:58.840
or whatever it is.

387
00:20:58.840 --> 00:20:59.920
It could be a system.

388
00:20:59.920 --> 00:21:01.160
It could be a method.

389
00:21:01.160 --> 00:21:04.880
I'll walk you through what is protectable by patent.

390
00:21:04.880 --> 00:21:07.560
But how many people here still have that form

391
00:21:07.560 --> 00:21:10.160
that I gave you on day one?

392
00:21:10.160 --> 00:21:11.560
Can somebody show me that form?

393
00:21:11.560 --> 00:21:12.400
Just kind of wave it up.

394
00:21:12.400 --> 00:21:14.060
Does anybody have it here so I can just

395
00:21:14.060 --> 00:21:16.000
see that you guys have it?

396
00:21:16.000 --> 00:21:17.080
Beautiful, beautiful.

397
00:21:17.080 --> 00:21:17.600
There you go.

398
00:21:17.600 --> 00:21:18.080
All right.

399
00:21:18.080 --> 00:21:23.360
On that form, do you see the patents area there?

400
00:21:23.360 --> 00:21:25.040
If you go down on the patents, you

401
00:21:25.040 --> 00:21:27.440
can see everything that's covered by patents, OK?

402
00:21:27.440 --> 00:21:28.600
So you don't have to guess.

403
00:21:28.600 --> 00:21:30.800
It's all there.

404
00:21:30.800 --> 00:21:34.160
So it's a grant by a government allowing

405
00:21:34.160 --> 00:21:38.960
you to stop others from making, using, selling, or importing

406
00:21:38.960 --> 00:21:39.920
the technology.

407
00:21:39.920 --> 00:21:43.720
So making, like manufacturing, using,

408
00:21:43.720 --> 00:21:47.160
like I'm interacting with this device, right?

409
00:21:47.160 --> 00:21:49.040
That's using, right?

410
00:21:49.040 --> 00:21:51.200
Making, using, selling.

411
00:21:51.200 --> 00:21:55.600
So I'm using eBay, Amazon, or I make an offer for sale to you.

412
00:21:55.600 --> 00:21:56.680
That's selling.

413
00:21:56.720 --> 00:21:59.960
Or importing, bringing it into the United States

414
00:21:59.960 --> 00:22:02.720
or into that country in which you're obtaining the rights.

415
00:22:02.720 --> 00:22:04.120
That's what a patent does for you.

416
00:22:04.120 --> 00:22:06.240
Now, hear me clearly here.

417
00:22:06.240 --> 00:22:08.280
If you don't hear anything else about patents,

418
00:22:08.280 --> 00:22:10.320
you understand this.

419
00:22:10.320 --> 00:22:15.200
Patents do not, do not, do not, do not

420
00:22:15.200 --> 00:22:20.120
allow you to make, use, sell, or import anything.

421
00:22:20.120 --> 00:22:23.080
Now, somebody here should go, what?

422
00:22:23.080 --> 00:22:23.600
Hold it.

423
00:22:23.600 --> 00:22:25.920
I thought the whole reason why I got a patent

424
00:22:26.040 --> 00:22:27.840
was so I could make, use, sell, or anything.

425
00:22:27.840 --> 00:22:29.280
Nope.

426
00:22:29.280 --> 00:22:30.800
The reason why you're getting a patent

427
00:22:30.800 --> 00:22:34.000
is so you can stop others from making, using, selling,

428
00:22:34.000 --> 00:22:34.680
or importing.

429
00:22:34.680 --> 00:22:35.760
It's a right.

430
00:22:35.760 --> 00:22:37.160
It's an exclusive right.

431
00:22:37.160 --> 00:22:39.880
It's a right to exclude others.

432
00:22:39.880 --> 00:22:41.800
Now, why would you want to do that?

433
00:22:41.800 --> 00:22:44.480
Somebody, like, raise your virtual hand.

434
00:22:44.480 --> 00:22:47.320
Why would you want to be able to stop others from making,

435
00:22:47.320 --> 00:22:48.680
using, selling, or importing?

436
00:22:52.800 --> 00:22:54.920
Karen.

437
00:22:54.920 --> 00:22:57.200
Let's unmute Karen.

438
00:22:57.200 --> 00:22:59.960
So that you would have a monopoly in that area.

439
00:22:59.960 --> 00:23:01.480
You would have that lane.

440
00:23:01.480 --> 00:23:02.600
Karen nailed it.

441
00:23:02.600 --> 00:23:03.400
That's it.

442
00:23:03.400 --> 00:23:06.600
You literally have a limited monopoly,

443
00:23:06.600 --> 00:23:09.080
even though government hates when you use that word.

444
00:23:09.080 --> 00:23:10.280
But that's what happens.

445
00:23:10.280 --> 00:23:13.800
You have a limited monopoly to your technology

446
00:23:13.800 --> 00:23:15.200
in that specific field.

447
00:23:15.200 --> 00:23:17.640
Now, how does this affect you personally?

448
00:23:17.640 --> 00:23:19.880
Well, what if I'm the only, what if I'm

449
00:23:19.880 --> 00:23:22.360
the one that creates this, and there's like seven other parties

450
00:23:22.360 --> 00:23:23.400
that want to create this?

451
00:23:23.400 --> 00:23:25.920
If I own the patent on this, those seven other parties

452
00:23:25.920 --> 00:23:27.600
can't make it.

453
00:23:27.600 --> 00:23:30.480
Now, I can take over the market.

454
00:23:30.480 --> 00:23:31.760
Do you see the significance?

455
00:23:31.760 --> 00:23:33.840
Now, what you've done is you've positioned yourself

456
00:23:33.840 --> 00:23:35.600
to be a leader in that market.

457
00:23:35.600 --> 00:23:37.840
Nobody else can do that.

458
00:23:37.840 --> 00:23:40.680
You decrease your competition.

459
00:23:40.680 --> 00:23:44.320
That's the power of patents.

460
00:23:44.320 --> 00:23:46.280
And in the, I know there's a lot of people

461
00:23:46.280 --> 00:23:47.280
here are Christian as well.

462
00:23:47.280 --> 00:23:50.400
So I just want to speak to this part for a moment here.

463
00:23:50.440 --> 00:23:54.240
If you're being bestowed some kind of gift from the Lord,

464
00:23:54.240 --> 00:23:59.080
you want to maintain the authenticity of that gift.

465
00:23:59.080 --> 00:24:01.520
By owning a patent on that technology,

466
00:24:01.520 --> 00:24:04.720
then nobody else can compete with you on that technology.

467
00:24:04.720 --> 00:24:06.480
Therefore, you maintain the authenticity

468
00:24:06.480 --> 00:24:07.880
because you're the only one who's

469
00:24:07.880 --> 00:24:09.280
providing that technology.

470
00:24:09.280 --> 00:24:10.840
You see that?

471
00:24:10.840 --> 00:24:14.120
So now you're like, all right, I got this gift from the Lord.

472
00:24:14.120 --> 00:24:15.440
He said, create this thing.

473
00:24:15.440 --> 00:24:16.440
I'm creating it.

474
00:24:16.440 --> 00:24:17.480
What does the enemy do?

475
00:24:17.480 --> 00:24:21.680
The enemy doesn't create Jack or Jill, right?

476
00:24:21.680 --> 00:24:23.000
He's a counterfeiter.

477
00:24:23.000 --> 00:24:24.080
So what is he going to do?

478
00:24:24.080 --> 00:24:25.960
He's going to make things that look like this

479
00:24:25.960 --> 00:24:28.320
but don't work as well.

480
00:24:28.320 --> 00:24:30.560
So what you're doing is you're creating this

481
00:24:30.560 --> 00:24:32.200
and you're maintaining the authenticity

482
00:24:32.200 --> 00:24:35.080
so nobody can be deceived.

483
00:24:35.080 --> 00:24:35.920
Got it?

484
00:24:35.920 --> 00:24:39.440
So in the kingdom, that's very important.

485
00:24:39.440 --> 00:24:41.400
So there's multiple sides to me, guys.

486
00:24:41.400 --> 00:24:44.920
So if some of this stuff, the kingdom language,

487
00:24:44.920 --> 00:24:47.120
you don't quite get, you'll get it

488
00:24:47.160 --> 00:24:48.480
because you understand how it works

489
00:24:48.480 --> 00:24:49.600
in the business world anyway.

490
00:24:49.600 --> 00:24:52.560
So you can apply it in any environment.

491
00:24:52.560 --> 00:24:55.400
All right, so let's talk a little bit about patents here.

492
00:24:56.840 --> 00:25:00.440
So patents themselves, I want to show you an example.

493
00:25:00.000 --> 00:25:03.440
Example here, that's a little different.

494
00:25:07.240 --> 00:25:09.800
Let me show you a little something different here.

495
00:25:12.080 --> 00:25:13.320
Think of this.

496
00:25:13.320 --> 00:25:14.760
Think of this visual.

497
00:25:14.760 --> 00:25:16.720
You could own one of these two things.

498
00:25:16.720 --> 00:25:21.720
You can own a stool, which has a base and three legs,

499
00:25:24.460 --> 00:25:27.720
or this is for a patent.

500
00:25:27.720 --> 00:25:29.000
You could have a patent on a stool,

501
00:25:29.000 --> 00:25:30.560
which has a base and three legs,

502
00:25:30.560 --> 00:25:33.600
or you can own a patent on a chair,

503
00:25:33.600 --> 00:25:35.720
which has four legs and a back.

504
00:25:35.720 --> 00:25:37.480
Now, just by a show of hands,

505
00:25:37.480 --> 00:25:40.040
who here would rather have the patent on the chair?

506
00:25:40.040 --> 00:25:41.480
Just raise your hand.

507
00:25:41.480 --> 00:25:43.640
And don't worry about, you know, feeling bad.

508
00:25:43.640 --> 00:25:44.520
Nobody cares.

509
00:25:44.520 --> 00:25:45.640
We're all learning.

510
00:25:45.640 --> 00:25:47.260
All right, and who here would rather have the patent

511
00:25:47.260 --> 00:25:48.100
on the stool?

512
00:25:48.100 --> 00:25:48.920
Raise your hand.

513
00:25:49.840 --> 00:25:52.400
Okay, now here's the thing.

514
00:25:52.400 --> 00:25:54.520
The ideal, April.

515
00:25:54.520 --> 00:25:59.520
The ideal situation would be for you to own the patent

516
00:26:00.400 --> 00:26:01.400
on the stool.

517
00:26:01.400 --> 00:26:04.560
The reason why, and hear this,

518
00:26:04.560 --> 00:26:07.320
the right associated with the patent

519
00:26:07.320 --> 00:26:09.200
is the right to exclude, right?

520
00:26:09.200 --> 00:26:12.200
So anybody who makes anything that has a base

521
00:26:12.200 --> 00:26:14.800
and three legs would infringe your patent

522
00:26:14.800 --> 00:26:16.880
if you have a patent on a stool.

523
00:26:16.880 --> 00:26:19.800
So that means if anybody made a chair,

524
00:26:19.800 --> 00:26:22.920
a chair has a base and at least three legs.

525
00:26:22.920 --> 00:26:24.720
So therefore anybody that made the chair

526
00:26:24.720 --> 00:26:26.440
would infringe your patent.

527
00:26:26.440 --> 00:26:29.400
And anybody who made a stool would infringe your patent.

528
00:26:29.400 --> 00:26:31.440
So that means your patent becomes exponentially

529
00:26:31.440 --> 00:26:34.520
more valuable because it's broader, okay?

530
00:26:34.520 --> 00:26:36.200
So when it comes to patents,

531
00:26:36.200 --> 00:26:39.160
what you wanna try to own is things that are broad,

532
00:26:40.000 --> 00:26:40.840
all right?

533
00:26:40.840 --> 00:26:43.820
It comes down to what's called claim language.

534
00:26:43.820 --> 00:26:45.880
We're not gonna go into a lot of detail

535
00:26:45.880 --> 00:26:47.320
on every single part of the patent.

536
00:26:47.320 --> 00:26:49.620
I'll touch base a little bit on it tomorrow as well.

537
00:26:49.620 --> 00:26:51.320
But I just want you to understand,

538
00:26:51.320 --> 00:26:54.800
claims of the patent dictate what you own.

539
00:26:54.800 --> 00:26:57.280
You can write a patent on every part of a bicycle,

540
00:26:57.280 --> 00:27:00.700
but if at the end of the patent where it says I claim,

541
00:27:00.700 --> 00:27:03.480
if the claim says there's a steering mechanism,

542
00:27:03.480 --> 00:27:06.640
at least two wheels rotatably connected to a center mass

543
00:27:06.640 --> 00:27:08.000
and a braking system,

544
00:27:08.000 --> 00:27:10.800
then I don't care if you describe a little ringer,

545
00:27:10.800 --> 00:27:14.440
ring, ring, ring, or like a light bulb in there

546
00:27:14.440 --> 00:27:18.180
or like a jet pack in the back, you don't own that.

547
00:27:19.180 --> 00:27:22.260
It's what is written in your claims.

548
00:27:22.260 --> 00:27:27.260
So somebody type in the chat claims, C-L-A-I-M-S, claims.

549
00:27:27.380 --> 00:27:31.140
That is a very important part of your patent.

550
00:27:31.140 --> 00:27:33.420
Always look to see what your patent attorney

551
00:27:33.420 --> 00:27:35.020
puts in your claims,

552
00:27:35.020 --> 00:27:36.420
because that's what you own.

553
00:27:37.580 --> 00:27:40.020
If you don't check that out,

554
00:27:40.020 --> 00:27:42.860
you may end up in a situation where patent attorney tells

555
00:27:42.860 --> 00:27:44.740
you, yeah, I wrote a patent on your thing,

556
00:27:44.740 --> 00:27:46.900
but then you find out you can't enforce it

557
00:27:46.900 --> 00:27:51.780
because your claims are so narrow

558
00:27:51.780 --> 00:27:53.840
because you're listing like 20 different things

559
00:27:53.840 --> 00:27:57.060
in the claim and nobody does all 20 things.

560
00:27:57.060 --> 00:27:59.420
So therefore they can't infringe your patent.

561
00:27:59.420 --> 00:28:01.600
To infringe a patent,

562
00:28:01.600 --> 00:28:03.780
what they do is they look at the claims

563
00:28:03.780 --> 00:28:05.700
and it's like a checklist.

564
00:28:05.700 --> 00:28:09.340
And so if the claim says there's an A, a B, and a C,

565
00:28:09.340 --> 00:28:13.240
to infringe that patent, you must do A, B, and C.

566
00:28:13.240 --> 00:28:16.020
If you do A and B, you don't infringe.

567
00:28:16.020 --> 00:28:18.660
If you do A and C, you don't infringe.

568
00:28:18.660 --> 00:28:21.780
You need to do A, B, and C, okay?

569
00:28:21.780 --> 00:28:22.740
Just remember that.

570
00:28:22.740 --> 00:28:25.380
If you're trying to determine do you infringe a patent,

571
00:28:25.380 --> 00:28:28.780
everything that's in the independent claim,

572
00:28:28.780 --> 00:28:30.020
you must infringe.

573
00:28:30.020 --> 00:28:32.660
Now I'm gonna show you later

574
00:28:32.660 --> 00:28:35.140
what an independent claim looks like.

575
00:28:35.140 --> 00:28:37.980
So don't worry, you're gonna get this, okay?

576
00:28:37.980 --> 00:28:39.900
But before I go there,

577
00:28:39.900 --> 00:28:41.780
I wanna explain to you something

578
00:28:41.780 --> 00:28:46.100
because patents are very expensive, okay?

579
00:28:46.100 --> 00:28:47.700
And so I wanna explain something to you

580
00:28:47.700 --> 00:28:48.900
that a lot of people don't know about.

581
00:28:48.900 --> 00:28:50.980
I know Samuel knows about it,

582
00:28:50.980 --> 00:28:53.460
but a lot of people don't know this.

583
00:28:53.460 --> 00:28:56.740
There's a thing called a provisional patent application,

584
00:28:56.740 --> 00:28:57.580
okay?

585
00:28:57.580 --> 00:29:00.040
Now there are different types of patents.

586
00:29:00.040 --> 00:29:01.740
There's multiple different types of patents.

587
00:29:01.740 --> 00:29:04.580
There's what's called a utility patent.

588
00:29:04.580 --> 00:29:06.980
Utility patent gets filed.

589
00:29:06.980 --> 00:29:08.320
You get a filing date.

590
00:29:08.320 --> 00:29:11.660
It gets examined by the patent office, right?

591
00:29:12.660 --> 00:29:14.580
Hopefully after it gets examined,

592
00:29:14.580 --> 00:29:17.700
if it's not rejected, it becomes issued.

593
00:29:17.700 --> 00:29:20.160
It goes through a whole process, okay?

594
00:29:21.460 --> 00:29:25.340
There's also what's called a design patent.

595
00:29:25.340 --> 00:29:28.540
A design patent is just the look of something.

596
00:29:28.540 --> 00:29:31.040
So you could file a design patent for this bottle.

597
00:29:31.920 --> 00:29:33.620
And that means nobody could make

598
00:29:33.620 --> 00:29:36.340
that exact same shape of that bottle.

599
00:29:36.340 --> 00:29:37.700
Think of the Coca-Cola bottle.

600
00:29:37.700 --> 00:29:39.700
Remember the old Coca-Cola bottle

601
00:29:39.700 --> 00:29:41.380
that looked almost like, you know,

602
00:29:41.380 --> 00:29:43.340
it was kind of like that, you know?

603
00:29:43.340 --> 00:29:48.340
That shape was protected under design patent, okay?

604
00:29:48.480 --> 00:29:50.120
So there's a number of things

605
00:29:50.120 --> 00:29:51.980
where you just wanna protect the design.

606
00:29:51.980 --> 00:29:53.660
That's called a design patent.

607
00:29:53.660 --> 00:29:55.920
Design patents last 14 years.

608
00:29:56.780 --> 00:29:59.760
Utility patents last 20 years from filing.

609
00:30:00.000 --> 00:30:05.880
Okay. Now, the government said, well, to file a utility patent,

610
00:30:05.880 --> 00:30:10.440
it can cost $10,000, could be $12,000.

611
00:30:10.440 --> 00:30:12.860
I mean, it depends on the complexity of the technology.

612
00:30:12.860 --> 00:30:15.620
So, the government said, man, you know,

613
00:30:15.620 --> 00:30:16.860
some people can't afford that.

614
00:30:16.860 --> 00:30:20.800
So, what they did is they created a new category,

615
00:30:20.800 --> 00:30:23.900
and that category is called provisional patents.

616
00:30:23.900 --> 00:30:28.200
A provisional patent application secures your filing date,

617
00:30:28.560 --> 00:30:34.220
but the beauty of a provisional patent application is

618
00:30:34.220 --> 00:30:36.980
that it doesn't have all the same parts

619
00:30:36.980 --> 00:30:38.880
as a utility patent application, okay?

620
00:30:38.880 --> 00:30:41.340
A utility patent application has a title,

621
00:30:41.740 --> 00:30:42.980
background on the invention,

622
00:30:42.980 --> 00:30:44.940
where you talk about what other people are doing,

623
00:30:45.080 --> 00:30:47.380
what's called prior art, cross-reference

624
00:30:47.380 --> 00:30:50.220
to related applications, so other patents that are related.

625
00:30:50.640 --> 00:30:53.920
Then it also has a field of the invention, where you're talking

626
00:30:53.920 --> 00:30:57.240
about just the field, like what does it pertain to.

627
00:30:57.260 --> 00:30:59.500
So, if it's bicycles, you'll say, you know,

628
00:30:59.500 --> 00:31:03.020
the field of the invention is for vehicles for getting

629
00:31:03.020 --> 00:31:05.220
from point A to point B, you know, it's just talking

630
00:31:05.220 --> 00:31:07.580
about what it's kind of related to.

631
00:31:08.240 --> 00:31:11.400
Then there's a summary of the invention, bless you, Axel,

632
00:31:11.400 --> 00:31:15.640
and then there's a brief description of the drawings,

633
00:31:15.640 --> 00:31:17.360
there's a detailed description of the drawings,

634
00:31:17.700 --> 00:31:19.340
there's an abstract, there's claims,

635
00:31:19.340 --> 00:31:20.640
there's drawings themselves.

636
00:31:21.080 --> 00:31:23.820
There's a lot of stuff in a utility patent application.

637
00:31:24.780 --> 00:31:27.160
A provisional patent application requires this.

638
00:31:27.240 --> 00:31:30.780
A title, description, that's it.

639
00:31:33.340 --> 00:31:35.640
Now, you may have to provide one drawing,

640
00:31:35.640 --> 00:31:37.200
if at least one drawing is required

641
00:31:37.200 --> 00:31:38.420
to understand the invention.

642
00:31:39.400 --> 00:31:40.420
But that's it.

643
00:31:40.600 --> 00:31:42.720
So, the amount that you pay

644
00:31:42.720 --> 00:31:44.920
on a provisional typically is less

645
00:31:44.920 --> 00:31:47.060
than what you pay on a utility, okay?

646
00:31:48.340 --> 00:31:51.080
You still have to describe it, so one of ordinary skill

647
00:31:51.080 --> 00:31:52.520
in the art can practice the invention,

648
00:31:52.520 --> 00:31:55.180
meaning somebody should be able to pick up the document

649
00:31:55.180 --> 00:31:56.280
and practice the invention.

650
00:31:56.700 --> 00:31:58.900
If they pick it up and they can't practice the invention,

651
00:31:58.900 --> 00:32:00.640
then you didn't describe it in enough detail.

652
00:32:01.480 --> 00:32:04.380
So, you can't come up with an invention for a new iPhone

653
00:32:04.700 --> 00:32:07.480
and say, I've got a box that you pick up and you talk into

654
00:32:07.480 --> 00:32:08.860
and somebody hears you, period.

655
00:32:08.940 --> 00:32:09.680
You can't do that.

656
00:32:10.620 --> 00:32:13.600
You have to talk about all the components inside of it,

657
00:32:14.060 --> 00:32:17.020
you know, you have to talk, you have to go into a lot of detail.

658
00:32:17.420 --> 00:32:20.320
You can't just kind of, you can't hide the ball.

659
00:32:20.660 --> 00:32:22.440
If you're going to get a temporary monopoly

660
00:32:22.440 --> 00:32:25.720
on your technology, you can't hide the ball and say,

661
00:32:26.080 --> 00:32:30.160
mwa ha ha, I'm not going to tell you what's in here, it's mine,

662
00:32:30.820 --> 00:32:32.520
but I'm going to stop you from using it.

663
00:32:32.520 --> 00:32:33.200
You can't do that.

664
00:32:33.200 --> 00:32:34.380
You have to disclose it.

665
00:32:35.420 --> 00:32:37.860
That was the whole intent of creating the patent system.

666
00:32:37.860 --> 00:32:40.280
The government said, there's so many brilliant people

667
00:32:40.280 --> 00:32:45.180
out there, we want this technology, April, mwa ha ha.

668
00:32:45.180 --> 00:32:49.160
Okay? So, the government said, we want to make sure

669
00:32:49.160 --> 00:32:50.640
that you're taking this technology

670
00:32:50.640 --> 00:32:52.020
and bringing it to the public.

671
00:32:52.020 --> 00:32:53.060
Oh, you're very welcome.

672
00:32:53.760 --> 00:32:56.120
And the only way we can do that is actually

673
00:32:56.120 --> 00:32:57.160
to give you something back.

674
00:32:57.160 --> 00:32:58.600
And so, the government said,

675
00:32:58.600 --> 00:33:00.940
I'll give you a temporary monopoly on your technology

676
00:33:00.940 --> 00:33:02.860
if you disclose it to everybody.

677
00:33:04.040 --> 00:33:06.760
So, when you file a patent, you need to disclose your invention.

678
00:33:07.000 --> 00:33:10.520
Now, what if, what if, what if the case is

679
00:33:10.520 --> 00:33:13.400
that for your technology, people can't figure out how

680
00:33:13.400 --> 00:33:16.660
to actually implement your technology,

681
00:33:16.880 --> 00:33:19.320
or they can't figure out how to create it?

682
00:33:19.320 --> 00:33:20.720
They can't reverse engineer it.

683
00:33:20.740 --> 00:33:24.680
They can't, like, as an example, imagine back-end software.

684
00:33:24.980 --> 00:33:27.300
Anybody here work with software by a show of hands?

685
00:33:27.300 --> 00:33:29.940
Okay, there's a few people.

686
00:33:30.200 --> 00:33:32.860
So, in software, there's functionality that's created.

687
00:33:32.860 --> 00:33:36.040
So, there's a back-end that has, like, a server.

688
00:33:36.620 --> 00:33:39.420
And so, when you interact with that server, you're using,

689
00:33:39.420 --> 00:33:41.620
like, a graphical user interface or the internet,

690
00:33:41.620 --> 00:33:42.920
something like that.

691
00:33:42.920 --> 00:33:45.460
But you're not, you can't access the software.

692
00:33:45.800 --> 00:33:48.740
The software is in the company that owns the software.

693
00:33:48.740 --> 00:33:50.080
It's at their location.

694
00:33:50.380 --> 00:33:52.440
You can't access that software, okay?

695
00:33:52.780 --> 00:33:56.500
So, if there's no way for the public to access the software,

696
00:33:56.780 --> 00:33:59.540
you may decide not to file a patent on it,

697
00:34:00.000 --> 00:34:03.460
because the public will never be able to determine how to do it.

698
00:34:05.020 --> 00:34:07.360
That's where trade secrets come in.

699
00:34:09.360 --> 00:34:13.239
A trade secret is something that cannot be reverse engineered.

700
00:34:14.239 --> 00:34:16.739
When you sell this object, nobody can figure

701
00:34:16.739 --> 00:34:17.800
out how to do this.

702
00:34:18.800 --> 00:34:22.739
A trade secret has the potential to last forever.

703
00:34:24.860 --> 00:34:28.900
A patent only lasts for 20 years from filing,

704
00:34:30.120 --> 00:34:32.460
or for a design, 14 years from filing.

705
00:34:32.460 --> 00:34:33.639
Do you see the difference?

706
00:34:33.900 --> 00:34:36.739
So, think of this, the Coca-Cola formula.

707
00:34:38.320 --> 00:34:40.860
Nobody can figure out how to make Coca-Cola.

708
00:34:41.380 --> 00:34:44.739
So, Coca-Cola did not file a patent on their formula,

709
00:34:44.739 --> 00:34:47.040
because if they did, they would have disclosed

710
00:34:47.040 --> 00:34:51.260
to the public the very formula for making their product.

711
00:34:51.600 --> 00:34:55.980
Then after 20 years, actually back then it was 17 years

712
00:34:55.980 --> 00:34:58.140
from issuance, now it's 20 years from filing.

713
00:34:58.360 --> 00:35:00.020
But what would have happened?

714
00:35:00.000 --> 00:35:02.540
happened was their formula would have gone public,

715
00:35:02.540 --> 00:35:04.000
and then they would have lost rights.

716
00:35:04.000 --> 00:35:05.440
Their rights would have expired.

717
00:35:05.440 --> 00:35:08.520
Then other people could make generics.

718
00:35:08.520 --> 00:35:12.200
Now, where have you heard that word, generics, a lot?

719
00:35:12.200 --> 00:35:14.200
Pharmaceuticals, right?

720
00:35:14.200 --> 00:35:15.080
That's the area.

721
00:35:15.080 --> 00:35:18.400
Why is it that a single pill from a name brand

722
00:35:18.400 --> 00:35:22.960
costs $500 for one pill, right?

723
00:35:22.960 --> 00:35:28.320
Because they own the patent on that specific formula.

724
00:35:28.400 --> 00:35:31.440
Now, a lot of those pharmaceutical companies,

725
00:35:31.440 --> 00:35:33.840
they spend like tens of millions of dollars

726
00:35:33.840 --> 00:35:37.680
getting that formula approved by the FDA.

727
00:35:37.680 --> 00:35:40.360
Then they get three years left in their patent

728
00:35:40.360 --> 00:35:41.960
to actually enforce it.

729
00:35:41.960 --> 00:35:44.160
So they have very high prices to try to make up

730
00:35:44.160 --> 00:35:47.280
the tens of millions of dollars they spent in testing

731
00:35:47.280 --> 00:35:50.160
and creation and everything for that one pharmaceutical.

732
00:35:50.160 --> 00:35:55.120
But what happens the day that that patent expires?

733
00:35:55.120 --> 00:35:57.520
Generics fled the market.

734
00:35:57.520 --> 00:35:58.640
You'll see it everywhere.

735
00:35:58.640 --> 00:36:00.400
All of a sudden, you go to the pharmacist,

736
00:36:00.400 --> 00:36:03.680
and the pharmacist says, when you ask for a specific pill,

737
00:36:03.680 --> 00:36:05.040
they give you another name.

738
00:36:05.040 --> 00:36:06.920
And you're like, that's not what I asked for.

739
00:36:06.920 --> 00:36:08.800
They go, no, that's the generic.

740
00:36:08.800 --> 00:36:10.880
That's because the patent expired.

741
00:36:10.880 --> 00:36:14.560
Now you understand what's going on in the back end, OK?

742
00:36:14.560 --> 00:36:17.160
But when the patent doesn't expire,

743
00:36:17.160 --> 00:36:19.160
then you'll see on your insurance,

744
00:36:19.160 --> 00:36:22.680
your deductible is so high because that one pill

745
00:36:22.680 --> 00:36:25.280
costs you $500.

746
00:36:25.280 --> 00:36:27.720
That's because of patents, because people are

747
00:36:27.720 --> 00:36:30.760
protecting their technology, OK?

748
00:36:30.760 --> 00:36:33.440
So remember, provisionals, if you don't have a lot of money

749
00:36:33.440 --> 00:36:35.040
but you want to protect your technology,

750
00:36:35.040 --> 00:36:36.680
look at provisionals.

751
00:36:36.680 --> 00:36:38.080
That's all I want you to remember.

752
00:36:38.080 --> 00:36:39.080
Remember the name provisionals.

753
00:36:39.080 --> 00:36:40.760
I'm going to teach you one more thing.

754
00:36:40.760 --> 00:36:43.120
Then I'm going to give you, I'm going

755
00:36:43.120 --> 00:36:45.720
to disclose something to you that will kind of bring

756
00:36:45.720 --> 00:36:48.120
all this stuff together.

757
00:36:48.120 --> 00:36:51.800
I'm just looking to see.

758
00:36:51.800 --> 00:36:55.720
Hey, Larissa, can you?

759
00:36:55.720 --> 00:36:57.160
Actually, let me do it this way.

760
00:36:57.160 --> 00:37:00.120
I think I can do it myself.

761
00:37:00.120 --> 00:37:02.240
I'm just going to check one thing for you guys.

762
00:37:02.240 --> 00:37:04.920
I think it's going to help you guys out.

763
00:37:04.920 --> 00:37:08.560
Let me just provide this real quick.

764
00:37:08.560 --> 00:37:11.560
There you are.

765
00:37:11.560 --> 00:37:13.400
What can I help you with?

766
00:37:13.400 --> 00:37:13.920
I got it.

767
00:37:13.920 --> 00:37:16.680
I'm going to see if I get a reply for it.

768
00:37:16.680 --> 00:37:18.720
Just trying to bring a special treat to everybody

769
00:37:18.720 --> 00:37:20.520
here to help them out.

770
00:37:20.520 --> 00:37:21.360
OK.

771
00:37:21.360 --> 00:37:23.120
All right, I just sent out a text to them.

772
00:37:23.120 --> 00:37:24.200
See if they show up.

773
00:37:24.200 --> 00:37:26.760
All right, so with that being said,

774
00:37:26.760 --> 00:37:30.120
what exactly is Protectable by Pat?

775
00:37:30.120 --> 00:37:32.560
OK, I have that list that I gave all of you

776
00:37:32.560 --> 00:37:36.080
but I kind of want to touch base on this a little bit

777
00:37:36.080 --> 00:37:41.040
so you kind of get a good idea of what do those words mean.

778
00:37:41.040 --> 00:37:43.880
Because having it all there is great

779
00:37:43.880 --> 00:37:49.080
but you don't really understand it, it doesn't help you a lot.

780
00:37:49.120 --> 00:37:52.520
So with that being the case, let's kind of talk

781
00:37:52.520 --> 00:37:53.920
about what's Protectable by Pat.

782
00:37:53.920 --> 00:37:56.920
So first of all, you can protect an apparatus.

783
00:37:56.920 --> 00:37:59.800
So think of like a device.

784
00:37:59.800 --> 00:38:06.000
Think of like a shoe, an iPhone, a microphone, cameras.

785
00:38:06.000 --> 00:38:07.840
Those are all devices.

786
00:38:07.840 --> 00:38:10.840
But you can also protect systems.

787
00:38:10.840 --> 00:38:13.440
So think of like in telecommunications,

788
00:38:13.440 --> 00:38:15.680
you have a central office and a customer premise

789
00:38:15.680 --> 00:38:17.960
and they're communicating with each other

790
00:38:17.960 --> 00:38:20.960
or you have at your home, you have like a modem

791
00:38:20.960 --> 00:38:23.160
and there's a local area network and there's

792
00:38:23.160 --> 00:38:26.520
computers that are connected to the local area network.

793
00:38:26.520 --> 00:38:27.520
That's a system.

794
00:38:27.520 --> 00:38:30.560
It's multiple components that are working together.

795
00:38:30.560 --> 00:38:34.120
You can protect that entire system as well.

796
00:38:34.120 --> 00:38:36.520
Now I'm going to teach you something that probably nobody

797
00:38:36.520 --> 00:38:37.880
has ever told you.

798
00:38:37.880 --> 00:38:39.400
Remember this.

799
00:38:39.400 --> 00:38:43.840
If you're filing a patent on a system,

800
00:38:43.840 --> 00:38:45.840
this is really important for you to understand.

801
00:38:45.840 --> 00:38:46.880
So I'm going to take a second just

802
00:38:46.880 --> 00:38:49.160
to make sure you really get this.

803
00:38:49.160 --> 00:38:51.760
If you're filing a patent on a system,

804
00:38:51.760 --> 00:38:55.800
make sure that your claims do not

805
00:38:55.800 --> 00:38:58.880
focus on many different components

806
00:38:58.880 --> 00:39:03.160
so that no one person will ever infringe your patent.

807
00:39:03.160 --> 00:39:05.520
What do I mean by that?

808
00:39:05.520 --> 00:39:12.600
Imagine that your system is a modem and then a computer

809
00:39:12.600 --> 00:39:16.640
and then let's say like a radio.

810
00:39:16.640 --> 00:39:19.080
There's three components in your system.

811
00:39:19.080 --> 00:39:23.200
Your computer communicates with your radio through your modem.

812
00:39:23.200 --> 00:39:24.800
That's your system.

813
00:39:24.800 --> 00:39:28.320
Well, if you file the patent and in the claims

814
00:39:28.320 --> 00:39:33.040
it says that what's required is a radio, a modem,

815
00:39:33.040 --> 00:39:35.960
and a computer, there's no one person

816
00:39:35.960 --> 00:39:38.560
who's creating all three things.

817
00:39:38.560 --> 00:39:40.960
No one person creates all three things.

818
00:39:40.960 --> 00:39:42.960
So what you should be writing your claims on

819
00:39:42.960 --> 00:39:46.920
is, as an example, a computer that's

820
00:39:46.920 --> 00:39:49.840
capable of interacting with a modem which

821
00:39:49.840 --> 00:39:51.680
interacts with a radio.

822
00:39:51.680 --> 00:39:56.880
You don't write patent claims on a radio

823
00:39:56.880 --> 00:40:01.280
and then a system or the system having a radio, a modem.

824
00:40:00.000 --> 00:40:05.520
them and a computer because no one person is going to, no one person is going to create all three.

825
00:40:06.320 --> 00:40:11.600
So strategically, and this is very, I'm just letting you know, this is very high-end stuff

826
00:40:11.600 --> 00:40:16.240
I'm teaching you right now. This is stuff I teach like lawyers. I'm just telling you this because

827
00:40:16.240 --> 00:40:20.960
you're going to be paying somebody to do this. So make sure when you look at your claims,

828
00:40:21.840 --> 00:40:25.520
you look, when you look at the claim, you say to yourself, is there one person

829
00:40:26.480 --> 00:40:32.080
who is either creating all of this in this one claim, or is there one person who's performing

830
00:40:32.080 --> 00:40:39.520
all of these steps? If the answer is no, your patent is worthless. Okay? The reason why I'm

831
00:40:39.520 --> 00:40:45.120
telling you that is because there are individuals, God bless them, who pride themselves on just

832
00:40:45.120 --> 00:40:49.360
getting you patents. I'm here to tell you that it's not hard to get a patent.

833
00:40:49.600 --> 00:40:53.120
All you have to do is have two pages of limitations in one claim.

834
00:40:54.080 --> 00:41:00.320
That gets over everything that's ever existed. If I say there's a bicycle that has, you know,

835
00:41:00.320 --> 00:41:06.960
chrome wheels, a steering mechanism made of a certain rubber, you know, a light that has eight,

836
00:41:06.960 --> 00:41:16.080
exactly eight LEDs. It has, you know, a horn that has a very high pitch. It has a purple seat. It

837
00:41:16.240 --> 00:41:20.640
has, when you have all those limitations, there is no one person who's going to do all of that.

838
00:41:20.640 --> 00:41:24.480
It's not going to happen. So therefore no one's ever going to infringe your patent,

839
00:41:24.480 --> 00:41:30.880
even though you got the patent. So why am I telling you this? I'm telling you this because

840
00:41:30.880 --> 00:41:36.720
what you need to do is make sure that the claims of your patent are not so broad, that are not so

841
00:41:36.720 --> 00:41:42.160
so narrow that nobody ever infringes them. Ask your patent attorney to explain to you what the

842
00:41:42.240 --> 00:41:47.440
claim says. And if when you hear it, you say there is nobody who's going to do all that,

843
00:41:47.440 --> 00:41:52.720
then your patent is worthless. You just spent $12,000 for a really nice piece of paper to put

844
00:41:52.720 --> 00:41:57.600
on your ceiling, on your, on your wall. That's it. I don't want that happening to you because

845
00:41:57.600 --> 00:42:03.200
you guys will spend a lot of money protecting your IP. All right. Does that make sense? That was a

846
00:42:03.200 --> 00:42:08.960
really, a really complicated concept that just gave you, but what I don't want you guys doing

847
00:42:08.960 --> 00:42:15.280
is spending $12,000, $10,000 on a patent and feeling all excited about it. And it it's worth

848
00:42:15.280 --> 00:42:20.160
nothing because the people that do understand how this world works, like me, are going to look at

849
00:42:20.160 --> 00:42:26.000
that and say, you can practice the same invention. They can't stop you. Their claim is so narrow,

850
00:42:26.000 --> 00:42:31.040
you'll never infringe it. Go ahead and make it. You don't have a problem. So I want to make sure

851
00:42:31.040 --> 00:42:37.520
when you do spend your money, you're spending it, you know, wisely. Okay. All right.

852
00:42:39.200 --> 00:42:43.840
And with that, speaking of wisely, I want to reveal something to all of you.

853
00:42:45.600 --> 00:42:50.560
So as you can tell, we've gone through a lot of stuff and there's, there's a lot more,

854
00:42:51.120 --> 00:42:57.680
there's a lot more, right? We've like literally scraps, like maybe 2% of what exists there.

855
00:42:57.680 --> 00:43:06.000
There's a lot of stuff in intellectual property law. Okay. Now to, to learn all this kind of in

856
00:43:06.000 --> 00:43:11.440
one sitting can be daunting. You know, I mean, we do it slowly and I kind of give you real life

857
00:43:11.440 --> 00:43:16.240
examples and we go back and forth, back and forth to make sure you get it, you know? So,

858
00:43:16.240 --> 00:43:23.280
but at the same time, as you are implementing these things in your real life, like right now,

859
00:43:23.280 --> 00:43:30.800
real life situations you need feedback. Like you have to know, am I doing this right? Like I've

860
00:43:30.800 --> 00:43:34.960
got new questions now. I mean, some of you just started learning about this and you went,

861
00:43:35.680 --> 00:43:40.480
oh my gosh, like I don't know what to do with all this. I have like 10, 15 different things to do.

862
00:43:41.040 --> 00:43:45.760
So that's going to continue happening and you're going to need guidance as you're going along.

863
00:43:45.760 --> 00:43:51.040
Okay. So what I want to do here is I want to take one second and introduce all of you to something

864
00:43:51.040 --> 00:43:58.320
that I put together specifically to help you become successful in this area. Because one of

865
00:43:58.320 --> 00:44:03.440
my concerns is that if you, in fact, start implementing things and you don't, you don't

866
00:44:03.440 --> 00:44:11.440
really understand what you're doing, A, you can do it wrong. B, it can get really frustrating.

867
00:44:12.640 --> 00:44:17.360
I know personally, because I've been there myself. C, you need a supportive network,

868
00:44:18.000 --> 00:44:22.400
like people that are like you, who are implementing these things, where you can

869
00:44:22.400 --> 00:44:27.040
kind of feed off of each other, learn off of each other, share life's experiences with each other.

870
00:44:28.000 --> 00:44:34.240
And then separate from that, I also provide something extra. So let me introduce all of

871
00:44:34.240 --> 00:44:40.160
you to something. I'm going to share my screen here. And let me check one thing. Give me one

872
00:45:00.000 --> 00:45:18.880
Okay, I just confirmed for you guys, we got a special guest who's going to show up here

873
00:45:18.880 --> 00:45:20.600
to kind of give you guys some insight.

874
00:45:20.600 --> 00:45:26.640
So let me share my screen with you real quick.

875
00:45:27.640 --> 00:45:33.640
I just want to give Ray credit for this because she actually cleaned this whole thing up.

876
00:45:33.640 --> 00:45:40.640
And let's see if we can make it go down to present right below next to template link.

877
00:45:40.640 --> 00:45:41.640
There it is.

878
00:45:41.640 --> 00:45:43.640
And there it is.

879
00:45:43.640 --> 00:45:44.640
Okay.

880
00:45:44.640 --> 00:45:45.640
All right.

881
00:45:45.640 --> 00:45:46.640
I'm going to introduce.

882
00:45:46.640 --> 00:45:47.640
Can everybody see the screen right now?

883
00:45:47.640 --> 00:45:48.640
Ray, can you see it clearly?

884
00:45:48.640 --> 00:45:49.640
Yep.

885
00:45:49.640 --> 00:45:50.640
Okay.

886
00:45:50.640 --> 00:45:51.640
All right.

887
00:45:51.640 --> 00:45:52.640
All right.

888
00:45:52.640 --> 00:45:54.640
I want to introduce all of you to the protection portal.

889
00:45:54.640 --> 00:45:55.640
Okay.

890
00:45:55.640 --> 00:45:57.640
So I created this specifically for you.

891
00:45:57.640 --> 00:46:02.640
The reason why I created this is because as startups, as entrepreneurs, as business individuals,

892
00:46:02.640 --> 00:46:05.640
even as lawyers, there's a number of lawyers that are here as well.

893
00:46:05.640 --> 00:46:09.640
You're going to start implementing some of these policies and you're going to go, oh,

894
00:46:09.640 --> 00:46:10.640
I don't, I'm not sure about this.

895
00:46:10.640 --> 00:46:12.640
Or I have extra questions.

896
00:46:12.640 --> 00:46:15.640
And you don't want to be paying $600 an hour.

897
00:46:15.640 --> 00:46:16.640
Trust me.

898
00:46:17.640 --> 00:46:26.640
At my rate, you could probably ask me an entire year, less than four hours worth of questions at my rate.

899
00:46:26.640 --> 00:46:28.640
And the value of this will be recouped.

900
00:46:28.640 --> 00:46:32.640
So let me explain to you what we're doing here.

901
00:46:32.640 --> 00:46:38.640
So as you know, I handle patent litigation, patent prosecution, trademark law, copyright law, and trade secret law.

902
00:46:38.640 --> 00:46:40.640
I created the protection portal.

903
00:46:40.640 --> 00:46:43.640
And the way this works is you're in a private group.

904
00:46:43.640 --> 00:46:46.640
There's a number of people who are actually in the protection portal who are actually visiting.

905
00:46:46.640 --> 00:46:48.640
One of who's coming in very shortly with his wife.

906
00:46:48.640 --> 00:46:50.640
And I adore those guys.

907
00:46:50.640 --> 00:46:53.640
And they've implemented a lot of the policies already.

908
00:46:53.640 --> 00:46:58.640
In that group, I go live for an hour and a half once a month.

909
00:46:58.640 --> 00:47:00.640
During the month, you can email me questions.

910
00:47:00.640 --> 00:47:01.640
I review them.

911
00:47:01.640 --> 00:47:05.640
And what we do during that time is we do live answers.

912
00:47:05.640 --> 00:47:08.640
Like it is just full speed answering questions.

913
00:47:08.640 --> 00:47:10.640
Like this is what I'm running into.

914
00:47:10.640 --> 00:47:11.640
What do I do here?

915
00:47:11.640 --> 00:47:13.640
Like what's going on there?

916
00:47:13.640 --> 00:47:17.640
How do I, you know, what area of law pertains to this specific situation?

917
00:47:17.640 --> 00:47:21.640
And I break them all down piece by piece by piece.

918
00:47:21.640 --> 00:47:24.640
Every single month for an hour and a half.

919
00:47:24.640 --> 00:47:31.640
You also will get in the protection portal, as a member of the protection portal, you'll keep your challenge videos.

920
00:47:31.640 --> 00:47:37.640
And you'll keep your VIP videos if you're a VIP for as long as you're in the portal.

921
00:47:37.640 --> 00:47:38.640
They're thrown in.

922
00:47:38.640 --> 00:47:39.640
They're yours.

923
00:47:39.640 --> 00:47:40.640
Okay?

924
00:47:40.640 --> 00:47:43.640
Once you're out of the portal, then they're no longer yours.

925
00:47:43.640 --> 00:47:46.640
So a portal membership is for one year.

926
00:47:46.640 --> 00:47:49.640
There are people that already have lifetime access.

927
00:47:49.640 --> 00:47:51.640
They said, look, I don't want to renew.

928
00:47:51.640 --> 00:47:52.640
I want this permanently.

929
00:47:52.640 --> 00:47:54.640
I gave them lifetime access.

930
00:47:54.640 --> 00:47:56.640
That's something separate we can talk about separate.

931
00:47:56.640 --> 00:48:03.640
The other thing you get is you get to sit in and audit future challenges, future protector idea challenges.

932
00:48:03.640 --> 00:48:08.640
So you can just come in and audit, brush up on things.

933
00:48:08.640 --> 00:48:12.640
Separate from that, as I mentioned, you get to e-mail me questions.

934
00:48:12.640 --> 00:48:14.640
But there's another thing.

935
00:48:14.640 --> 00:48:18.640
I have an IP network, like attorneys in literally every single country in the world.

936
00:48:18.640 --> 00:48:19.640
Okay?

937
00:48:19.640 --> 00:48:30.640
So if you're trying to do work in Canada or you're trying to do work in China or Malaysia or Indonesia, where it is, and you need an attorney on the ground, I have a network with attorneys in every single country.

938
00:48:30.640 --> 00:48:31.640
So I can introduce you.

939
00:48:31.640 --> 00:48:35.640
After I talk to you, I'm going to determine whether or not you're a right fit.

940
00:48:35.640 --> 00:48:40.640
If you are, I'll introduce you to one of my contacts, and then you can potentially work with them.

941
00:48:40.640 --> 00:48:47.640
Some people here have worked with Paula Clancy in Canada, because I've introduced them to her as well.

942
00:48:47.640 --> 00:48:51.640
So there's a number of things that you're going to get with this membership.

943
00:48:51.640 --> 00:48:53.640
Again, you get the monthly training.

944
00:48:53.640 --> 00:48:55.640
So it's 18 hours.

945
00:48:55.640 --> 00:49:00.640
And, again, I bill at $600 an hour.

946
00:49:00.640 --> 00:49:07.640
So you're getting like, you know, you're essentially getting almost $11,000 worth of value in that.

947
00:49:07.640 --> 00:49:16.640
Separate from that, you're going to get access to the IP associates that I already mentioned to you.

948
00:49:16.640 --> 00:49:20.640
Separate from that, you get to e-mail the questions.

949
00:49:20.640 --> 00:49:21.640
I get to review them.

950
00:49:21.640 --> 00:49:23.640
Just be clear.

951
00:49:23.640 --> 00:49:24.640
No legal advice.

952
00:49:24.640 --> 00:49:25.640
Right?

953
00:49:25.640 --> 00:49:32.640
There's no legal advice that's going to be provided here.

954
00:49:32.640 --> 00:49:43.640
What I'm going to do is similar to what we've been doing the last three days, now four days, in explaining to you these different concepts, making sure you get what the law says.

955
00:49:43.640 --> 00:49:45.640
And other things are going to pop up.

956
00:49:45.640 --> 00:49:48.640
All of a sudden you're going to go, oh, I need to do this in my company now.

957
00:49:48.640 --> 00:49:52.640
Or before I meet with that person, I need this kind of agreement with me.

958
00:49:52.640 --> 00:49:59.640
The other thing I do in the private Facebook group is I drop links in there and I drop contacts for issues.

959
00:50:00.000 --> 00:50:07.800
instance, if you need to find access to royalty free music or royalty free images like I dropped the links in there.

960
00:50:08.440 --> 00:50:13.880
If you need certain context for searching I dropped the links if you need professional drawings done I dropped the links.

961
00:50:14.320 --> 00:50:25.680
So everybody has access to all that as well, and it's again it's a one year membership now when you put all this together again you're getting the 18.

962
00:50:26.120 --> 00:50:31.720
hours with me emailing me the questions getting the feedback access to the network.

963
00:50:32.440 --> 00:50:47.160
That total value actually it's way higher than 16,000, but what i'm doing right now for all of you, this is open until the end of Monday it closes all right, and the reason why is because our first.

964
00:50:48.120 --> 00:50:51.280
Our first gathering for the next class is going to be Wednesday.

965
00:50:52.200 --> 00:51:00.360
So we meet once a month and the next meeting actually is Wednesday, it was supposed to be this Wednesday, but I changed it to next Wednesday.

966
00:51:00.640 --> 00:51:10.640
So all those people who join will actually go into that class i'll introduce you to the members of the class there's some people that are very advanced there are some people that are newer.

967
00:51:11.120 --> 00:51:24.680
And you'll start to work together, and you know use your networks to support each other, the cost is 2495 one payment or three payments of 995 okay that's the offer that i'm putting on the table right now now.

968
00:51:25.880 --> 00:51:34.520
Something unique has been happening, so I decided to do this, I actually talked with my team yesterday, because the number of you been reaching out to me and saying.

969
00:51:35.040 --> 00:51:47.200
I want to ask my one or two questions I want to you know I just want time alone with you, Peter, I just want to be alone with you and ask you questions about my scenario so for the first 10 people that sign up.

970
00:51:48.240 --> 00:51:53.400
For this for the protection portal i'm going to give you a 20 minute call with me.

971
00:51:54.400 --> 00:52:01.360
Okay, where you can ask anything you want just whatever your heart's desire is just ask your questions.

972
00:52:01.640 --> 00:52:11.000
You know and i'm going to be able to answer your questions with regard to the law now again, I am not giving you legal advice, this is not a legal advice thing that's not happening.

973
00:52:11.960 --> 00:52:24.680
Okay, if you want legal advice, then we can talk about doing an engagement agreement and actually becoming a client, we can talk about that, but for the first 10 people that sign up starting now.

974
00:52:25.200 --> 00:52:30.880
I don't think we've dropped the link yet right Larissa so I don't want people freaking out because people go into this panic mode.

975
00:52:31.680 --> 00:52:40.720
When they find out about this so but it's it's the first 10 people that sign up they'll get a 20 minute one on one with me okay all right.

976
00:52:41.000 --> 00:52:42.680
Peter our guests are here.

977
00:52:43.760 --> 00:52:54.640
Oh, they are awesome okay does that sound good to you guys, I mean is that something you guys like appreciate yeah awesome awesome okay i'm going to introduce to all of you, Todd and Tamra.

978
00:52:55.520 --> 00:53:02.040
And I might have one other everybody loves Todd and Tamra look every people they're clapping for you guys you guys are awesome.

979
00:53:02.560 --> 00:53:15.080
Todd and Tamra have been in the protection portal for some time, so I just want them to speak a little bit towards what this is about and why this is important and just i'm just going to give you guys the mic.

980
00:53:16.200 --> 00:53:16.800
Go right ahead.

981
00:53:16.840 --> 00:53:17.720
Well you're awesome.

982
00:53:18.240 --> 00:53:28.120
Thanks Peter we really, really love what you've done and how you've helped our clients and our nonprofit leaders, this has been a huge blessing to us and.

983
00:53:28.680 --> 00:53:39.640
All of our we have some of our family or 508 family here so hi guys is really awesome but man it's been it's been powerful powerful for us, giving us the right education and the knowledge.

984
00:53:39.800 --> 00:53:45.880
As we move forward with our brands and companies and ministries we're doing some fun things there.

985
00:53:45.960 --> 00:53:50.600
yeah we love Peter we always constantly are learning from Peter.

986
00:53:51.040 --> 00:53:53.680
And sending everybody his way so get in.

987
00:53:54.280 --> 00:53:55.240
So we.

988
00:53:56.520 --> 00:54:00.360
Just to just give you a plug I mean he didn't ask us to do this, but we're doing it anyways.

989
00:54:00.360 --> 00:54:13.120
Peter has probably one of the biggest hearts of anybody i've ever met besides the the wisdom, this man carries is amazing you want a direct line to God the information.

990
00:54:14.160 --> 00:54:30.240
If that's what you want Peter is that man, but you know one thing that I love by Peter is, you have such a big heart that you really do care about people, you want the assets that they have, you want them to be able to do the things that they want to do.

991
00:54:30.400 --> 00:54:39.760
And you want them to be able to do the things that they have to be protected and you've worked with some of our nonprofit leaders to where you're like they.

992
00:54:40.000 --> 00:54:50.600
They come to this class they learn they didn't do it right they find out they have to rename their entire ministry and then we go into this whole new process with them, but I love it that.

993
00:54:50.600 --> 00:54:59.520
Your knowledge and is beyond anything obviously that anybody in the room's God, but we need people like you, we need what you have, we need your wisdom, we need what you have.

994
00:55:00.000 --> 00:55:03.560
And you give it to us in such a non-threatening way

995
00:55:03.560 --> 00:55:04.840
that I never feel stupid

996
00:55:04.840 --> 00:55:06.520
when I probably have asked the same question

997
00:55:06.520 --> 00:55:08.080
a half a dozen times.

998
00:55:08.080 --> 00:55:10.680
So, that's-

999
00:55:10.680 --> 00:55:14.200
And you guys have been in the portal for a while.

1000
00:55:14.200 --> 00:55:16.000
Maybe you could just kind of speak towards

1001
00:55:16.000 --> 00:55:18.280
like what your experience is in the portal,

1002
00:55:18.280 --> 00:55:19.960
like what the information you received

1003
00:55:19.960 --> 00:55:22.080
during the sessions, things like that.

1004
00:55:22.080 --> 00:55:24.400
Well, part of it is just the reminder

1005
00:55:24.400 --> 00:55:27.160
of what we've learned during the challenge

1006
00:55:27.160 --> 00:55:28.680
and then everything else

1007
00:55:29.040 --> 00:55:30.920
where we can actually go do the work ourselves.

1008
00:55:30.920 --> 00:55:33.480
And you're directing us, you're giving us the information

1009
00:55:33.480 --> 00:55:36.080
so we can do our own research and ask the right questions.

1010
00:55:36.080 --> 00:55:37.560
And part of the problem is

1011
00:55:37.560 --> 00:55:39.760
with us not being in that industry

1012
00:55:39.760 --> 00:55:41.520
is knowing the right questions to ask.

1013
00:55:41.520 --> 00:55:42.360
And that's all-

1014
00:55:42.360 --> 00:55:43.520
That's a big one right there.

1015
00:55:43.520 --> 00:55:45.360
We've been finding that super valuable.

1016
00:55:45.360 --> 00:55:48.440
Yeah, and to have other people be asking questions

1017
00:55:48.440 --> 00:55:50.680
we didn't even know that we needed to ask.

1018
00:55:50.680 --> 00:55:52.480
So, that's huge.

1019
00:55:52.480 --> 00:55:53.680
Because you don't know what you don't know

1020
00:55:53.680 --> 00:55:56.000
until you hear it from somewhere.

1021
00:55:56.000 --> 00:55:58.640
And we have branded, we've got a trademark

1022
00:55:58.640 --> 00:56:03.120
on a physical product brand that we had going

1023
00:56:03.120 --> 00:56:06.240
and we use Amazon as our distributor

1024
00:56:06.240 --> 00:56:08.200
and that was very educational there.

1025
00:56:08.200 --> 00:56:11.680
But man, there's still a lot we didn't know.

1026
00:56:11.680 --> 00:56:13.480
My wife's even a prophetic painter

1027
00:56:13.480 --> 00:56:17.080
and now we're learning, oh, you can protect that as well.

1028
00:56:17.080 --> 00:56:17.960
Didn't realize that.

1029
00:56:17.960 --> 00:56:22.240
So, even that, not only our names, but our books,

1030
00:56:22.240 --> 00:56:23.480
the content on our website,

1031
00:56:23.480 --> 00:56:25.920
we build websites for our nonprofit clients

1032
00:56:26.680 --> 00:56:27.520
and now we can tell them,

1033
00:56:27.520 --> 00:56:29.560
hey, you can have all that protected as well.

1034
00:56:29.560 --> 00:56:30.400
Look at that.

1035
00:56:30.400 --> 00:56:32.880
So, it's been very, very helpful inside the portal.

1036
00:56:32.880 --> 00:56:34.360
So, thank you for what you've done there.

1037
00:56:34.360 --> 00:56:38.520
Yep, and just knowing what we get to do

1038
00:56:38.520 --> 00:56:42.320
and what part we can do before we hire you

1039
00:56:42.320 --> 00:56:44.480
to do the big part

1040
00:56:46.600 --> 00:56:49.960
is helpful and saving money,

1041
00:56:49.960 --> 00:56:51.920
but also getting us to do the legwork

1042
00:56:51.920 --> 00:56:53.800
and not paying somebody else to do that.

1043
00:56:53.800 --> 00:56:56.120
Saving the hours on the attorney side.

1044
00:56:56.120 --> 00:56:57.800
So, that's been really helpful.

1045
00:56:57.800 --> 00:57:01.840
You're empowering us as clients and students so much.

1046
00:57:01.840 --> 00:57:03.440
So, we really appreciate that

1047
00:57:03.440 --> 00:57:05.480
and all our nonprofit leaders really do.

1048
00:57:05.480 --> 00:57:06.720
That's a big word.

1049
00:57:06.720 --> 00:57:09.520
You do empower us to do what we can do

1050
00:57:09.520 --> 00:57:10.760
and then you give us the wisdom

1051
00:57:10.760 --> 00:57:13.120
to know what we shouldn't be doing.

1052
00:57:13.120 --> 00:57:15.800
And so, because that could get us in trouble

1053
00:57:15.800 --> 00:57:18.600
if we try to do things we shouldn't be doing

1054
00:57:18.600 --> 00:57:19.480
in the process.

1055
00:57:19.480 --> 00:57:21.920
So, the portal has been really helpful with that.

1056
00:57:21.960 --> 00:57:24.680
Just going in, we don't get to get on all the live calls.

1057
00:57:24.680 --> 00:57:25.520
I wish we did.

1058
00:57:25.520 --> 00:57:26.400
We watch a lot of replays

1059
00:57:26.400 --> 00:57:28.720
and we read a lot of conversations,

1060
00:57:28.720 --> 00:57:31.360
but in that is where, man,

1061
00:57:31.360 --> 00:57:34.760
the resources are there and available for you always.

1062
00:57:34.760 --> 00:57:36.840
So, yeah.

1063
00:57:36.840 --> 00:57:38.960
And the other thing is,

1064
00:57:38.960 --> 00:57:40.480
one thing that we didn't reveal to you,

1065
00:57:40.480 --> 00:57:43.680
I just dropped the link for everybody in the chat.

1066
00:57:43.680 --> 00:57:45.040
One thing that we didn't mention

1067
00:57:45.040 --> 00:57:47.440
is we just created a backend.

1068
00:57:48.400 --> 00:57:51.560
Hey, Rae, do you have a link to the backend you can-

1069
00:57:52.200 --> 00:57:53.040
I do.

1070
00:57:53.040 --> 00:57:55.040
I have it ready to screen share too, if you want.

1071
00:57:55.040 --> 00:57:56.600
Yeah, why don't you do that?

1072
00:57:56.600 --> 00:57:57.600
Can you do that, please?

1073
00:57:57.600 --> 00:57:58.800
Absolutely.

1074
00:57:58.800 --> 00:57:59.640
All right.

1075
00:57:59.640 --> 00:58:00.760
So, I wasn't gonna reveal this,

1076
00:58:00.760 --> 00:58:02.920
but I'm gonna reveal it anyway

1077
00:58:02.920 --> 00:58:04.160
so you can see what's going on.

1078
00:58:04.160 --> 00:58:05.320
So, as you've seen,

1079
00:58:05.320 --> 00:58:09.400
every time that we do the challenge,

1080
00:58:09.400 --> 00:58:11.040
there are a number of videos that come up, right?

1081
00:58:11.040 --> 00:58:13.960
So, you'll get all these different videos

1082
00:58:13.960 --> 00:58:15.800
and then you're kind of trying to figure out,

1083
00:58:15.800 --> 00:58:17.640
well, where do I save the videos?

1084
00:58:17.640 --> 00:58:19.560
Like, where's the link for the videos?

1085
00:58:19.560 --> 00:58:22.080
Like, you know, so where's that email that I got

1086
00:58:22.080 --> 00:58:23.560
so I can see the links?

1087
00:58:23.560 --> 00:58:25.720
Well, we solved all that.

1088
00:58:25.720 --> 00:58:29.600
So, we created, I invested in a whole backend system

1089
00:58:29.600 --> 00:58:32.080
that was created by Bruce and Lindsay

1090
00:58:32.080 --> 00:58:33.680
through Tribe Social,

1091
00:58:33.680 --> 00:58:36.480
where every one of your videos for your challenge

1092
00:58:36.480 --> 00:58:39.040
or every one of your videos for your VIP

1093
00:58:39.040 --> 00:58:41.080
is actually in there.

1094
00:58:41.080 --> 00:58:44.320
And you become a member of that community

1095
00:58:44.320 --> 00:58:45.720
and then you just log in

1096
00:58:45.720 --> 00:58:48.920
and you can see every single video,

1097
00:58:48.960 --> 00:58:51.240
like one by one by one by one.

1098
00:58:52.080 --> 00:58:56.720
So, it's pretty powerful.

1099
00:58:56.720 --> 00:58:59.280
Rae, can you just kind of take maybe one, two minutes?

1100
00:58:59.280 --> 00:59:01.240
Yeah, just kind of walk people through it.

1101
00:59:01.240 --> 00:59:02.080
Right.

1102
00:59:02.080 --> 00:59:03.640
So, up here we have the different groups.

1103
00:59:03.640 --> 00:59:04.840
So, sometimes, you know,

1104
00:59:04.840 --> 00:59:07.000
you're in more than one program with us.

1105
00:59:07.000 --> 00:59:08.920
So, you have the challenge groups

1106
00:59:08.920 --> 00:59:10.080
and then you'll have, in this one,

1107
00:59:10.080 --> 00:59:13.400
it'll tell you what month and when your challenge was,

1108
00:59:13.400 --> 00:59:14.400
but you'll have your challenge group

1109
00:59:14.400 --> 00:59:16.760
and you'll have your VIP group.

1110
00:59:16.760 --> 00:59:19.280
And then we have a section here for quick links.

1111
00:59:19.280 --> 00:59:20.720
So, Protection Portal members

1112
00:59:20.720 --> 00:59:23.560
are going to have a really easy time logging in.

1113
00:59:23.560 --> 00:59:25.160
All they got to do is come in and click this

1114
00:59:25.160 --> 00:59:27.720
and they're in where they need to be.

1115
00:59:27.720 --> 00:59:31.360
And if they ever wanted to join a VIP video,

1116
00:59:31.360 --> 00:59:33.240
say later they decide they want to watch them,

1117
00:59:33.240 --> 00:59:34.520
they can do that here.

1118
00:59:36.000 --> 00:59:38.120
And then same thing down here.

1119
00:59:38.120 --> 00:59:39.800
So, you can go through each day

1120
00:59:39.800 --> 00:59:43.760
and see all of your videos.

1121
00:59:44.760 --> 00:59:45.600
Yeah.

1122
00:59:45.600 --> 00:59:49.640
So, the general idea is that it's all organized,

1123
00:59:49.640 --> 00:59:51.720
it's easy to use.

1124
00:59:51.720 --> 00:59:56.320
And in fact, if there's a class that existed before you

1125
00:59:56.320 --> 00:59:58.000
and you want access to what they have,

1126
00:59:58.000 --> 00:59:59.800
you can actually seek to upgrade.

1127
01:00:00.000 --> 01:00:03.120
trade, you can obtain lifetime membership.

1128
01:00:03.120 --> 01:00:04.320
There's all sorts of stuff.

1129
01:00:04.320 --> 01:00:05.920
So we're actually gonna,

1130
01:00:05.920 --> 01:00:08.960
we're working towards making this searchable at some point

1131
01:00:08.960 --> 01:00:11.060
where you could actually type in a term

1132
01:00:11.060 --> 01:00:12.500
and then find things.

1133
01:00:12.500 --> 01:00:15.000
But this was, this is not,

1134
01:00:15.000 --> 01:00:16.560
I'm not marketing this for you guys.

1135
01:00:16.560 --> 01:00:17.840
What I'm saying is this is a perk

1136
01:00:17.840 --> 01:00:19.400
that I just kind of threw in there.

1137
01:00:19.400 --> 01:00:20.520
I'm doing it for now.

1138
01:00:20.520 --> 01:00:22.440
I like it.

1139
01:00:22.440 --> 01:00:24.240
People seem to like it.

1140
01:00:24.240 --> 01:00:25.680
So I'm doing that now,

1141
01:00:25.680 --> 01:00:26.640
but I'm just letting you know,

1142
01:00:26.640 --> 01:00:29.880
this is one of the perks that's available right now

1143
01:00:29.880 --> 01:00:33.760
when people join this opportunity.

1144
01:00:33.760 --> 01:00:36.480
So just letting you all know about this,

1145
01:00:36.480 --> 01:00:39.260
I'm gonna cover a little more on patents.

1146
01:00:39.260 --> 01:00:40.320
Thank you, Todd and Tamara.

1147
01:00:40.320 --> 01:00:41.440
I really love you guys.

1148
01:00:41.440 --> 01:00:43.200
You guys are amazing.

1149
01:00:43.200 --> 01:00:45.000
Love doing live with you too.

1150
01:00:46.000 --> 01:00:48.740
So this is something that I've created for you.

1151
01:00:48.740 --> 01:00:49.720
If you have questions,

1152
01:00:49.720 --> 01:00:52.600
you can email me directly at nieves

1153
01:00:52.600 --> 01:00:55.860
at elite-challenges.com or DM me,

1154
01:00:55.860 --> 01:00:56.920
or if you're on VIP,

1155
01:00:56.920 --> 01:00:58.120
we're gonna talk a little bit more

1156
01:00:58.120 --> 01:00:59.520
about some of the things,

1157
01:01:00.160 --> 01:01:01.400
but just let me know.

1158
01:01:01.400 --> 01:01:04.360
This is something that does not exist.

1159
01:01:04.360 --> 01:01:05.520
You will not find this.

1160
01:01:05.520 --> 01:01:07.420
There is no lawyer who wants to do this.

1161
01:01:07.420 --> 01:01:08.260
Why?

1162
01:01:08.260 --> 01:01:09.680
Because in 18 hours,

1163
01:01:09.680 --> 01:01:11.740
I can get paid $18,000.

1164
01:01:12.880 --> 01:01:13.720
All right?

1165
01:01:13.720 --> 01:01:14.920
I can get paid way more

1166
01:01:14.920 --> 01:01:16.400
than what I'm gonna get paid,

1167
01:01:16.400 --> 01:01:17.240
quote unquote,

1168
01:01:17.240 --> 01:01:19.200
for sitting there and coaching people

1169
01:01:19.200 --> 01:01:20.460
and answering questions.

1170
01:01:20.460 --> 01:01:23.760
I'm doing this because I know you guys need it.

1171
01:01:23.760 --> 01:01:25.100
And so I'm making this available

1172
01:01:25.100 --> 01:01:26.400
so you guys can grow

1173
01:01:26.400 --> 01:01:30.040
and become strong in what you do,

1174
01:01:30.040 --> 01:01:31.240
because I know you're gonna end up

1175
01:01:31.240 --> 01:01:32.840
hiring lawyers at some point anyway.

1176
01:01:32.840 --> 01:01:34.160
So I'd rather kind of be there

1177
01:01:34.160 --> 01:01:35.920
as a resource to help you along

1178
01:01:35.920 --> 01:01:37.000
and then even guide you

1179
01:01:37.000 --> 01:01:39.440
on what lawyer to actually hire, okay?

1180
01:01:39.440 --> 01:01:42.100
So if, as you have questions,

1181
01:01:42.100 --> 01:01:46.060
you can either ping me or ping Ray,

1182
01:01:46.060 --> 01:01:48.720
but this is available until Monday night.

1183
01:01:48.720 --> 01:01:49.840
Again, the first 10,

1184
01:01:49.840 --> 01:01:52.640
some of you have actually already signed up.

1185
01:01:52.640 --> 01:01:53.880
I just, I can see it here.

1186
01:01:53.880 --> 01:01:55.860
So some of you are already signing up.

1187
01:01:56.260 --> 01:01:59.780
So the first 10 people that register

1188
01:01:59.780 --> 01:02:02.740
will get the 20 minutes with me, okay?

1189
01:02:02.740 --> 01:02:05.580
There's still a few slots left for that,

1190
01:02:05.580 --> 01:02:06.820
but I can see it over here

1191
01:02:06.820 --> 01:02:08.540
that some of you guys are already signing up.

1192
01:02:08.540 --> 01:02:11.140
So let me cover one or two more things in patents,

1193
01:02:11.140 --> 01:02:13.700
and then we're gonna jump into VIP separate.

1194
01:02:13.700 --> 01:02:16.560
So I hope this is helping you guys,

1195
01:02:16.560 --> 01:02:19.100
but this is something that I know I wish I had

1196
01:02:19.100 --> 01:02:20.500
when I started doing entrepreneurship

1197
01:02:20.500 --> 01:02:23.040
and I know a lot of other people need.

1198
01:02:23.040 --> 01:02:24.420
All right, so let's kind of touch

1199
01:02:24.420 --> 01:02:26.900
a little bit more in the patent realm.

1200
01:02:26.900 --> 01:02:30.020
So when you get a patent,

1201
01:02:31.300 --> 01:02:34.180
you need to make sure that you mark your products

1202
01:02:34.180 --> 01:02:37.960
with the patent number, okay?

1203
01:02:37.960 --> 01:02:39.520
That's called marking.

1204
01:02:39.520 --> 01:02:42.820
Remember how I told you you need to do that for trademarks?

1205
01:02:42.820 --> 01:02:46.580
You need to also do that for copyrights, right?

1206
01:02:46.580 --> 01:02:47.580
In the patent world,

1207
01:02:47.580 --> 01:02:50.100
if you wanna get any damages at all,

1208
01:02:50.100 --> 01:02:52.940
like any damages at all, you have to mark.

1209
01:02:52.980 --> 01:02:56.060
If you don't mark, you're getting zero, zero,

1210
01:02:56.060 --> 01:02:59.820
hear me, hear me, zero damages, okay?

1211
01:02:59.820 --> 01:03:01.520
Why am I telling you this?

1212
01:03:01.520 --> 01:03:04.680
I've had other people sue my clients,

1213
01:03:06.100 --> 01:03:08.100
and then I've gone to my client and said,

1214
01:03:08.100 --> 01:03:08.940
you know what?

1215
01:03:08.940 --> 01:03:10.260
Why don't we admit that we're guilty?

1216
01:03:10.260 --> 01:03:12.100
And the client says, why would I do that?

1217
01:03:12.100 --> 01:03:13.240
That's crazy.

1218
01:03:13.240 --> 01:03:14.500
I'd be liable.

1219
01:03:14.500 --> 01:03:17.540
I said, yeah, but they never marked anything.

1220
01:03:18.420 --> 01:03:21.020
So even if we're liable for patent infringement,

1221
01:03:21.020 --> 01:03:22.860
you know how much you owe?

1222
01:03:23.660 --> 01:03:24.540
Zero.

1223
01:03:24.540 --> 01:03:27.180
So when I reached out to opposing counsel, I said,

1224
01:03:27.180 --> 01:03:30.980
oh man, like you sued me in the Eastern District of Texas.

1225
01:03:30.980 --> 01:03:32.260
My client is so upset.

1226
01:03:32.260 --> 01:03:34.380
We're gonna have to go over there and like, you know,

1227
01:03:34.380 --> 01:03:35.380
sit in a hot tub,

1228
01:03:35.380 --> 01:03:38.060
be in some warm temperature for a little while.

1229
01:03:38.060 --> 01:03:39.340
But here's the thing.

1230
01:03:39.340 --> 01:03:40.180
At the end of the day,

1231
01:03:40.180 --> 01:03:45.060
after you spent your $2 million in patent litigation fees,

1232
01:03:45.060 --> 01:03:46.420
you know how much you're getting out of me?

1233
01:03:46.420 --> 01:03:47.900
Zero.

1234
01:03:47.900 --> 01:03:49.900
Because your client didn't mark.

1235
01:03:49.900 --> 01:03:52.340
And your client never sent out any notice letter

1236
01:03:52.340 --> 01:03:53.820
saying that there was infringement.

1237
01:03:53.820 --> 01:03:55.060
There are two ways,

1238
01:03:55.060 --> 01:03:57.900
two ways to start damages in the patent world.

1239
01:03:57.900 --> 01:04:02.220
It's called actual notice or constructive notice.

1240
01:04:02.220 --> 01:04:03.560
Those are the two things.

1241
01:04:03.560 --> 01:04:06.520
Actual notice and constructive notice.

1242
01:04:06.520 --> 01:04:09.960
Actual notice is you actually receive something

1243
01:04:09.960 --> 01:04:12.020
saying that you infringe.

1244
01:04:12.020 --> 01:04:13.900
So you get a cease and desist letter,

1245
01:04:13.900 --> 01:04:14.860
says you infringed.

1246
01:04:14.860 --> 01:04:16.540
That's actual notice.

1247
01:04:16.540 --> 01:04:18.660
You get sued.

1248
01:04:18.660 --> 01:04:21.620
You actually learned that you infringed when you got sued.

1249
01:04:21.620 --> 01:04:24.140
That's actual notice, okay?

1250
01:04:24.140 --> 01:04:25.200
So those are two ways

1251
01:04:25.200 --> 01:04:27.740
that you can actually get actual notice.

1252
01:04:27.740 --> 01:04:30.780
Constructive notice is you take your product

1253
01:04:30.780 --> 01:04:34.620
and on your product, you have the patent number, right?

1254
01:04:34.620 --> 01:04:36.220
I'm just kind of curious as to whether or not

1255
01:04:36.220 --> 01:04:39.200
these guys have a patent number on their thing.

1256
01:04:39.200 --> 01:04:41.500
Yeah, but it's so tiny, you can barely see it.

1257
01:04:42.660 --> 01:04:44.740
Why is it that as you get older,

1258
01:04:44.740 --> 01:04:47.180
the distance for the thing that you're reading

1259
01:04:47.180 --> 01:04:48.660
gets further and further?

1260
01:04:48.660 --> 01:04:50.800
I mean, is there a point where you just can't even see

1261
01:04:50.840 --> 01:04:51.680
what you're trying to read?

1262
01:04:51.680 --> 01:04:52.520
I don't know.

1263
01:04:52.520 --> 01:04:53.340
But anyways-

1264
01:04:53.340 --> 01:04:54.800
It's how we stretch when we age.

1265
01:04:54.800 --> 01:04:55.640
Is that it?

1266
01:04:55.640 --> 01:04:56.780
That's how you stay limber?

1267
01:04:56.780 --> 01:04:58.280
That's how you stay limber, yeah.

1268
01:04:58.280 --> 01:05:00.240
So the point of the matter-

1269
01:05:00.000 --> 01:05:03.980
is that when you get your patent, mark your products.

1270
01:05:03.980 --> 01:05:07.720
Now, if your product, let's say it's like a microchip,

1271
01:05:07.720 --> 01:05:08.680
you can't really mark it.

1272
01:05:08.680 --> 01:05:10.480
And what you do is you mark the packaging

1273
01:05:10.480 --> 01:05:11.720
with the patent number.

1274
01:05:11.720 --> 01:05:15.100
You'll say PAT.NO. and then the number.

1275
01:05:16.160 --> 01:05:19.320
7,351,042.

1276
01:05:19.320 --> 01:05:20.160
That's your patent number.

1277
01:05:20.160 --> 01:05:21.380
You put it right there.

1278
01:05:21.380 --> 01:05:26.380
But make sure that you're marking, okay?

1279
01:05:26.520 --> 01:05:28.960
I can't tell you how many times I've seen people come to me

1280
01:05:29.000 --> 01:05:31.400
and say, I want to sue XYZ Corporation

1281
01:05:31.400 --> 01:05:32.720
for patent infringement.

1282
01:05:32.720 --> 01:05:35.560
And then I tell them, yeah, sure, I'm fine

1283
01:05:35.560 --> 01:05:37.560
with being in litigation the next four years

1284
01:05:37.560 --> 01:05:40.560
and making $2.5 million in legal fees.

1285
01:05:40.560 --> 01:05:43.160
But at the end of the day, you're getting nothing

1286
01:05:43.160 --> 01:05:44.760
because they didn't mark.

1287
01:05:44.760 --> 01:05:46.540
So just remember that.

1288
01:05:46.540 --> 01:05:48.720
I want to give the mic to Samuel for a second here

1289
01:05:48.720 --> 01:05:51.540
because I know, Samuel, you're the patent guy.

1290
01:05:51.540 --> 01:05:55.040
So is there one, just tell me, is there one specific area?

1291
01:05:55.040 --> 01:05:57.280
I know you're in VIP, but is there one specific area

1292
01:05:57.280 --> 01:06:00.440
that you'd like me to cover for you in the patent realm?

1293
01:06:01.480 --> 01:06:03.960
Happy to cover any topic on literally anything

1294
01:06:03.960 --> 01:06:05.960
because I handle everything in Patent Law.

1295
01:06:05.960 --> 01:06:09.360
Okay, so I'm going to be doing,

1296
01:06:09.360 --> 01:06:11.020
eventually be doing a challenge.

1297
01:06:11.020 --> 01:06:15.520
And as part of the challenge, I'm going to be using a quiz

1298
01:06:15.520 --> 01:06:17.620
to do the diagnosis for me, typically.

1299
01:06:17.620 --> 01:06:19.680
So I have done multiple things.

1300
01:06:19.680 --> 01:06:24.680
I'm a functional health coach.

1301
01:06:25.080 --> 01:06:29.800
And I usually take people's labs to help diagnose

1302
01:06:29.800 --> 01:06:32.580
and pinpoint what the root issues are.

1303
01:06:32.580 --> 01:06:35.040
So I do that for my clients, but as part of my challenge,

1304
01:06:35.040 --> 01:06:39.760
I want to use my methodology with asking questions

1305
01:06:39.760 --> 01:06:43.320
in quiz form to help diagnose and have people self-diagnose

1306
01:06:43.320 --> 01:06:47.400
so I can help them with the solution to their problem.

1307
01:06:47.400 --> 01:06:49.440
And so my question is,

1308
01:06:49.440 --> 01:06:53.680
is there something patentable about the,

1309
01:06:53.680 --> 01:06:55.720
I know the quiz technology doesn't belong to me,

1310
01:06:55.720 --> 01:06:58.440
but the process of asking the questions

1311
01:06:58.440 --> 01:07:01.400
that help diagnose what the root causes are?

1312
01:07:01.400 --> 01:07:03.720
Okay, this is a great question for everyone here

1313
01:07:03.720 --> 01:07:05.580
who's a coach as well.

1314
01:07:05.580 --> 01:07:08.320
Okay, so not just for Samuel and what he's doing,

1315
01:07:08.320 --> 01:07:09.600
but also other coaches.

1316
01:07:09.600 --> 01:07:13.040
So you can obtain patents for methods.

1317
01:07:13.040 --> 01:07:15.280
There are things called method patents, okay?

1318
01:07:15.280 --> 01:07:19.020
But here's the tricky part with method patents.

1319
01:07:19.860 --> 01:07:24.180
With method patents, it cannot be the case

1320
01:07:24.180 --> 01:07:27.480
that a human being can perform the invention by themselves

1321
01:07:27.480 --> 01:07:30.220
without any machine, without any kind of other kind

1322
01:07:30.220 --> 01:07:32.160
of functionality besides themselves.

1323
01:07:32.160 --> 01:07:35.300
If the government believes that a human being

1324
01:07:35.300 --> 01:07:37.260
could do it by themselves,

1325
01:07:37.260 --> 01:07:40.540
then it becomes what's called unpatentable subject matter.

1326
01:07:40.540 --> 01:07:43.580
It gets rejected on the 35 USC section 101.

1327
01:07:43.580 --> 01:07:44.700
You don't need to know the section,

1328
01:07:44.700 --> 01:07:46.240
but that's what it's called.

1329
01:07:46.240 --> 01:07:48.640
It gets rejected under the Alice case

1330
01:07:48.640 --> 01:07:51.580
as unpatentable subject matter, okay?

1331
01:07:51.580 --> 01:07:54.760
I know this because I literally just destroyed a patent

1332
01:07:54.760 --> 01:07:56.720
that was asserted against my client.

1333
01:07:57.680 --> 01:07:59.840
Originally in the Southern District of California,

1334
01:07:59.840 --> 01:08:01.480
I transferred it to Massachusetts,

1335
01:08:01.480 --> 01:08:03.840
won the case after four and a half years.

1336
01:08:03.840 --> 01:08:06.700
And the way I won it was because I destroyed a patent

1337
01:08:06.700 --> 01:08:09.440
for unpatentable subject matter on the 101.

1338
01:08:09.440 --> 01:08:13.640
Okay, so in your case, what you wanna look for

1339
01:08:14.240 --> 01:08:16.240
is there functionality in software?

1340
01:08:16.240 --> 01:08:19.600
Is there some kind of supplement that nobody else is using?

1341
01:08:19.600 --> 01:08:23.439
Is there in your process, what's unique about your process?

1342
01:08:23.439 --> 01:08:26.160
If every step of your process is implemented

1343
01:08:26.160 --> 01:08:29.880
by a human being, it becomes difficult,

1344
01:08:29.880 --> 01:08:32.720
very difficult to get a patent out of that.

1345
01:08:32.720 --> 01:08:35.399
In that kind of situation, what you might wanna do

1346
01:08:35.399 --> 01:08:37.560
is make sure you don't put in writing all the steps

1347
01:08:37.560 --> 01:08:41.279
that you perform so as to maintain it as a trade secret.

1348
01:08:41.279 --> 01:08:43.600
Because then what happens is everybody wants to know

1349
01:08:44.439 --> 01:08:47.160
why is it that when people work with Samuel and his business

1350
01:08:47.160 --> 01:08:48.560
they're always being healed?

1351
01:08:48.560 --> 01:08:50.560
Like, how is that happening?

1352
01:08:50.560 --> 01:08:52.640
It might be that you have a unique sequence,

1353
01:08:52.640 --> 01:08:54.920
a timing that certain things are done.

1354
01:08:54.920 --> 01:08:57.600
Like we add this, we do this test,

1355
01:08:57.600 --> 01:08:59.439
we determine these levels.

1356
01:08:59.439 --> 01:09:01.240
Now that means you take this thing.

1357
01:09:01.240 --> 01:09:03.200
Now at the third week, you do this

1358
01:09:03.200 --> 01:09:06.040
and then you add this structural functional testing

1359
01:09:06.040 --> 01:09:10.520
and you add this, like that's your unique way of doing it.

1360
01:09:10.520 --> 01:09:12.560
Like you may not want a patent.

1361
01:09:12.560 --> 01:09:14.720
You may wanna kind of keep that to yourself

1362
01:09:14.720 --> 01:09:17.160
if nobody else can find out all the steps

1363
01:09:17.160 --> 01:09:19.040
that are being taken, right?

1364
01:09:19.040 --> 01:09:21.439
But if you are gonna go after a patent,

1365
01:09:21.439 --> 01:09:24.040
like a method patent, then what you really should do

1366
01:09:24.040 --> 01:09:25.800
is see if there's anything in your steps

1367
01:09:25.800 --> 01:09:28.319
that are not just merely performed by a human being

1368
01:09:28.319 --> 01:09:32.359
acting on their own, but instead either using software

1369
01:09:32.359 --> 01:09:37.359
or adding some kind of system that's unique

1370
01:09:37.760 --> 01:09:40.120
or some kind of supplement that's unique

1371
01:09:41.120 --> 01:09:42.640
because you need something more

1372
01:09:42.640 --> 01:09:45.120
than just a human being performing actions.

1373
01:09:45.120 --> 01:09:47.040
That's just because that's how the patent office

1374
01:09:47.040 --> 01:09:49.880
is dealing with section 101 right now.

1375
01:09:49.880 --> 01:09:52.800
Okay, and I think that would apply to what I do

1376
01:09:52.800 --> 01:09:57.800
because so post-challenge is actually inviting people

1377
01:09:59.000 --> 01:09:59.840
to a group.

1378
01:10:00.000 --> 01:10:02.780
just something similar to what you're doing,

1379
01:10:02.780 --> 01:10:07.780
except I actually use software and some AI

1380
01:10:07.940 --> 01:10:09.700
to actually mimic what I do.

1381
01:10:09.700 --> 01:10:11.900
So I can handle a larger group of people

1382
01:10:11.900 --> 01:10:15.880
to help diagnose, including pulling lab information data,

1383
01:10:15.880 --> 01:10:16.940
crunching that data.

1384
01:10:16.940 --> 01:10:17.760
Yeah, that's good.

1385
01:10:17.760 --> 01:10:18.600
I like that.

1386
01:10:18.600 --> 01:10:20.500
That, well, you said software and AI,

1387
01:10:20.500 --> 01:10:22.420
which is dealing with like neural networks

1388
01:10:22.420 --> 01:10:24.700
and dealing with, you know, stuff like that.

1389
01:10:24.700 --> 01:10:26.180
I'm an EE geek, right?

1390
01:10:26.180 --> 01:10:28.700
The patents I write are all over AI,

1391
01:10:28.700 --> 01:10:30.840
all over, you know, software.

1392
01:10:30.840 --> 01:10:33.820
So, I mean, some of the patents that I write

1393
01:10:33.820 --> 01:10:34.920
actually frighten me.

1394
01:10:35.820 --> 01:10:37.400
There's one guy in particular

1395
01:10:37.400 --> 01:10:41.460
that literally wants to make everything automated,

1396
01:10:41.460 --> 01:10:43.740
where humans are basically obsolete.

1397
01:10:43.740 --> 01:10:46.620
And I kind of cut myself off of him

1398
01:10:46.620 --> 01:10:49.100
because it doesn't really work with me.

1399
01:10:49.100 --> 01:10:51.260
You know, it's just the things that he's doing,

1400
01:10:51.260 --> 01:10:53.500
it's like, it's right out of Terminator.

1401
01:10:53.500 --> 01:10:54.500
Like, let's put it that way.

1402
01:10:54.500 --> 01:10:55.900
It's like, it's that level.

1403
01:10:55.900 --> 01:10:58.220
He's that out there.

1404
01:10:58.220 --> 01:11:01.300
And it works, like what he's doing works.

1405
01:11:01.300 --> 01:11:02.780
Like, it makes sense.

1406
01:11:02.780 --> 01:11:05.060
But the technology that he's utilizing,

1407
01:11:05.060 --> 01:11:07.860
I can see the good and the bad.

1408
01:11:07.860 --> 01:11:10.140
That's the, you know, here's the thing.

1409
01:11:10.140 --> 01:11:12.620
In business, you get to be really good at what you do,

1410
01:11:12.620 --> 01:11:15.040
but you don't forget who you are, right?

1411
01:11:15.040 --> 01:11:17.460
So you get to choose your clients.

1412
01:11:17.460 --> 01:11:18.500
A lot of people at the,

1413
01:11:18.500 --> 01:11:23.080
here's a little client development tool for all of you guys.

1414
01:11:23.080 --> 01:11:23.920
At the end of the year,

1415
01:11:23.920 --> 01:11:25.260
you should be looking at your client base

1416
01:11:25.260 --> 01:11:27.400
and shaving off 5% of your clients.

1417
01:11:28.300 --> 01:11:29.140
There should be,

1418
01:11:29.140 --> 01:11:31.220
you should be looking at them like constructively

1419
01:11:31.220 --> 01:11:33.180
and saying, all right,

1420
01:11:33.180 --> 01:11:35.100
which are the ones that are draining all of my time?

1421
01:11:35.100 --> 01:11:37.220
Which are the ones that are disputing every single bill?

1422
01:11:37.220 --> 01:11:39.500
Which are the ones that call me day and night

1423
01:11:39.500 --> 01:11:40.380
and they're never happy?

1424
01:11:40.380 --> 01:11:41.540
Like, who are those people?

1425
01:11:41.540 --> 01:11:42.900
Shave them off.

1426
01:11:42.900 --> 01:11:44.580
Because the hardship that you have

1427
01:11:44.580 --> 01:11:46.620
associated with those people are gonna,

1428
01:11:46.620 --> 01:11:49.180
is gonna bring you down so much

1429
01:11:49.180 --> 01:11:52.060
that you're not as effective for the 95% of the people

1430
01:11:52.060 --> 01:11:57.060
that are receiving and growing, you know, effectively, right?

1431
01:11:57.300 --> 01:11:59.220
So that's just, in general,

1432
01:11:59.220 --> 01:12:01.280
that's just a powerful thing to do.

1433
01:12:02.340 --> 01:12:03.180
In the business world,

1434
01:12:03.180 --> 01:12:04.560
at least in the legal world, it works very well.

1435
01:12:04.560 --> 01:12:06.180
So, Samuel, does that help you out?

1436
01:12:06.180 --> 01:12:09.560
So in your case, if you're using AI or you're using software,

1437
01:12:09.560 --> 01:12:11.020
make sure you talk to your patent attorney

1438
01:12:11.020 --> 01:12:14.260
about what exactly, you know,

1439
01:12:14.260 --> 01:12:16.460
artificial intelligence is being utilized for.

1440
01:12:16.460 --> 01:12:18.500
If there's certain things you're doing with neural networks

1441
01:12:18.500 --> 01:12:21.900
or coding or whatever, mention that as well so that they know

1442
01:12:21.900 --> 01:12:24.180
and they'll incorporate that into their assessment

1443
01:12:24.180 --> 01:12:26.940
to determine whether or not what you're doing

1444
01:12:27.780 --> 01:12:29.020
is protectable by patent, okay?

1445
01:12:29.020 --> 01:12:30.620
Got it, got it, thank you, thank you.

1446
01:12:30.620 --> 01:12:31.820
Oh, it's my pleasure.

1447
01:12:31.820 --> 01:12:33.420
All right, I'll take one more question here.

1448
01:12:33.420 --> 01:12:35.660
I don't usually do this here,

1449
01:12:35.660 --> 01:12:38.300
but I just feel like if you guys have a question,

1450
01:12:38.300 --> 01:12:40.860
I'll be here for you, so any other questions?

1451
01:12:41.900 --> 01:12:43.100
Karen, go for it.

1452
01:12:43.980 --> 01:12:47.820
Yeah, kind of similar, but in the education realm,

1453
01:12:47.820 --> 01:12:52.820
using standardized tests, so those I don't know,

1454
01:12:53.460 --> 01:12:56.220
but a combination of old and new

1455
01:12:56.220 --> 01:12:59.180
and a combination of customized curriculum

1456
01:12:59.180 --> 01:13:01.420
and an educational therapy.

1457
01:13:01.420 --> 01:13:02.260
So all of those things-

1458
01:13:02.260 --> 01:13:04.620
Yeah, great question, great question.

1459
01:13:04.620 --> 01:13:07.020
All right, so what Karen just mentioned

1460
01:13:07.020 --> 01:13:10.580
actually brings up a certain topic

1461
01:13:10.580 --> 01:13:11.900
that I'm gonna talk about, all right,

1462
01:13:11.900 --> 01:13:14.900
which is, take a minute and kind of touch base on this.

1463
01:13:14.900 --> 01:13:18.500
What if the elements of what you're trying to file a patent

1464
01:13:18.500 --> 01:13:21.820
on already exist, okay?

1465
01:13:21.820 --> 01:13:24.620
So what if what you're doing

1466
01:13:24.620 --> 01:13:26.580
is you're taking the tires from a car,

1467
01:13:27.460 --> 01:13:29.700
you're taking the engine from a jet,

1468
01:13:30.660 --> 01:13:33.260
this is a bad idea, don't do this at home, okay?

1469
01:13:33.260 --> 01:13:36.180
I'm just using an example, don't do this at home.

1470
01:13:36.180 --> 01:13:39.060
And then you're taking like a kite

1471
01:13:40.020 --> 01:13:42.660
and you're putting them together and that's your vehicle

1472
01:13:42.660 --> 01:13:45.780
and now you just, vroom, you just take off, right?

1473
01:13:45.780 --> 01:13:49.220
Bad idea, I'm just saying, let's just use that as an example.

1474
01:13:49.220 --> 01:13:52.660
Each one of those parts already exists, right?

1475
01:13:52.660 --> 01:13:57.660
Kites exist, tires exist, the jet exists.

1476
01:13:58.380 --> 01:13:59.940
So what the patent office does,

1477
01:13:59.940 --> 01:14:01.260
the patent office looks to see

1478
01:14:01.260 --> 01:14:04.220
if there's anything unique about the combination.

1479
01:14:04.220 --> 01:14:07.140
Was there a difficulty in bringing them together?

1480
01:14:07.140 --> 01:14:09.780
And in that difficulty of bringing them together,

1481
01:14:09.780 --> 01:14:11.940
did you overcome something that the other parties

1482
01:14:11.940 --> 01:14:14.220
were not able to do that you're able to do?

1483
01:14:14.220 --> 01:14:15.980
Okay, so in Karen's situation,

1484
01:14:15.980 --> 01:14:18.780
if you're using some standardized tests here

1485
01:14:18.780 --> 01:14:21.980
and then I'm gonna add some kind of software work there

1486
01:14:21.980 --> 01:14:23.140
and then I'm gonna add

1487
01:14:23.140 --> 01:14:25.500
some kind of unique implementation there,

1488
01:14:25.500 --> 01:14:27.420
you've gotta ask,

1489
01:14:27.420 --> 01:14:30.220
is there any difficulty in combining these things?

1490
01:14:30.220 --> 01:14:33.900
Like if just anybody off the street said,

1491
01:14:33.900 --> 01:14:36.460
I'm gonna take a tire, I'm gonna take a kite

1492
01:14:36.460 --> 01:14:40.140
and I'm gonna take a jet, click, click, click, boom, gone.

1493
01:14:40.140 --> 01:14:42.740
Right, no, it doesn't work like that.

1494
01:14:42.740 --> 01:14:45.060
You know, you have to do a lot more

1495
01:14:45.060 --> 01:14:46.300
to make it work properly.

1496
01:14:46.300 --> 01:14:49.580
So for that reason, even though those parts exist,

1497
01:14:49.620 --> 01:14:53.500
the combination may be patentable, okay?

1498
01:14:53.500 --> 01:14:58.020
Because chances are the kite would eviscerate

1499
01:14:58.020 --> 01:14:59.820
like the second you turn on the jet.

1500
01:15:00.000 --> 01:15:02.320
and the tires would have no functionality whatsoever

1501
01:15:02.320 --> 01:15:03.920
and you end up in the ocean, okay?

1502
01:15:03.920 --> 01:15:06.120
So with that being the case,

1503
01:15:06.120 --> 01:15:09.000
and that product was actually created

1504
01:15:09.000 --> 01:15:11.120
by a company called Acme.

1505
01:15:11.120 --> 01:15:13.680
Some of you who are older understand what I just mean.

1506
01:15:13.680 --> 01:15:18.320
All right, so with that, I'm gonna let you guys go.

1507
01:15:18.320 --> 01:15:19.960
Hopefully you guys had fun today.

1508
01:15:19.960 --> 01:15:24.200
I'm gonna jump over and like, yeah, Cecil's laughing.

1509
01:15:24.200 --> 01:15:28.640
So I'm gonna jump over in VIP in five minutes.

1510
01:15:28.640 --> 01:15:31.480
Gonna give the amazing Larissa and Ray

1511
01:15:31.480 --> 01:15:33.800
a few minutes to finish off anything they need to do.

1512
01:15:33.800 --> 01:15:34.640
Ray, thank you.

1513
01:15:34.640 --> 01:15:36.400
Great job today, Ray.

1514
01:15:36.400 --> 01:15:38.120
Larissa, always a great job.

1515
01:15:38.120 --> 01:15:40.160
You guys are amazing.

1516
01:15:40.160 --> 01:15:42.240
Ray didn't even sleep from what I heard,

1517
01:15:42.240 --> 01:15:44.400
just trying to fix up some of the software things

1518
01:15:44.400 --> 01:15:45.880
that were going on.

1519
01:15:45.880 --> 01:15:48.160
So yeah, we really care about you guys.

1520
01:15:48.160 --> 01:15:50.880
That's why we're doing all this stuff.

1521
01:15:50.880 --> 01:15:53.840
And so I'm gonna give it five minutes.

1522
01:15:53.840 --> 01:15:57.520
1.23, how about that?

1523
01:15:57.520 --> 01:15:59.640
1.23, we'll open up VIP,

1524
01:15:59.640 --> 01:16:01.960
and we'll go as long as you guys need to go,

1525
01:16:01.960 --> 01:16:03.920
at least an hour, obviously, okay?

1526
01:16:03.920 --> 01:16:05.280
All right, see you guys there.

1527
01:16:05.280 --> 01:16:07.160
I'm gonna, Larissa, I'm gonna jump off.