WEBVTT

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Awesome. Well, welcome, everybody, to the first, I guess, official for the new idea

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protectors within the protection portal. This is your first gathering. So just want to welcome

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all of you. I mean, this is this is really the next step. You know, somebody really I

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think they put it. They put it away that I hadn't thought about before, which was they

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they talked about this as essentially intellectual property law insurance, which that was brilliant.

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Whoever came up with that. Was that you, Karen? Karen, that was brilliant. Like I, I never

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thought about that, but it makes complete sense. So the intent of this is really as

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you grow, you're going to have more questions. It's just you're going to see it's going to

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just it's going to continue and you're going to get better at things and then you're going

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to go, oh, what about this? And so this resource is here for you every single month. We get

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together for an hour and a half and I answer all of your questions, no legal advice. But,

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you know, if you're going into specificity, I may back you out. You know, like I don't

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want you to disclose your personal inventions or the inventions of your clients or things

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like that. So I'll probably back you out to a level of talking about it theoretically,

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as opposed to talking about like a cell phone. I'll say you mean a device for telecommunications

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like something like that, just so you're not disclosing things that can hurt you or

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your clients. But many of you here have clients and many of you are obviously working with

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a who of some sort. You're running challenges, you're you're guiding others. And so you're

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going to find that you're going to have questions for your people and feel free to bring them

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here. Some of you are already doing that. I'm getting emails from some of you already

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kind of lining up. These are my first questions for the first session in March. So I love that.

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So feel free to keep sending those over. I go through all those and I kind of figure out which

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ones are are really aligned, but where we should go at the next meeting. And but the real hope

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is that this becomes a a resource for you so that as you're going along, you're not spending

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a tremendous amount of money and resources trying to figure out what to do. Right. At least we can

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we can get you to a point where you kind of have an idea what to do. Then you can go see

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your attorneys. Right. So I'm just trying to make it so that you're as you grow, there's certain

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things that are necessary as you grow. And this, quite frankly, is going to be one of them. You'll

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see. I mean, some of you have told me you're already following trademark applications for

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your clients. I mean, I didn't know that was going to happen that fast, but apparently some

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of you are already doing that. So which is wonderful. So the basic outline of this is very

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similar to VIP, but it's kind of like I don't want to say on steroids, but it's it's it's we go deeper.

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We take single topics and then we go into a lot of detail. And as I'm going into them, I'm going

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to be asking you, what are your questions? What are your scenarios? How would you implement this?

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Why would you do that? Why don't you do that? It's going to be very engaged. You can get as

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much out of it as you want, which is awesome. So I would try to be here every single month. It's the

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second it's a second Wednesday, right, Larissa, second Wednesday of every month. Yeah. And so

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you're raising your hand. What's up?

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There's a question for transcript. Are we able to transcript or would you rather not?

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Transcript? No, I'm not. I'm not doing transcripts. Yeah. No, no. Anything legal. Do not want

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transcripts. No, that's just the the only time I allow transcripts when I'm talking about legal

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things is the trans the person who's actually doing transcription services in a courtroom.

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That's really it. And we got to pay that person extra to to get a copy. Isn't that baloney? Like,

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you know how much money we spend with the courts? And then I got to pay them extra to get a copy of

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the transcript. That's crazy. Anyways. So the other thing I want to make you all aware of is

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you're all going to be getting an announcement shortly because I just want to honor all of you.

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I know you're already telling other people about this program. So I want to make sure you're

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you are being blessed with it as well. And my intent was not just to give you good content,

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but to make sure that this becomes a resource for you. And you essentially are the ambassadors at

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this point of this program. And so as you're referring others, you're going to have your own

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affiliate links. So every everything that comes in associated with anybody who clicks on your

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affiliate links, you get 10 percent of everything. That means the challenge. That means the VIP.

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That means the upsell. And that means later masterminds and everything, everything you're

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linked to them. And so as an example, some of you got in at the fourteen ninety five.

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going to 1995 in April. I was debating not to do that, but I keep getting people telling me it's

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too low. You know, you're doing 18 hours of time into this. It should be higher. I did get a

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question from three of you, which was, can you do a lifetime membership? And so, yes. So I put

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together a lifetime membership program. The way the lifetime membership is going to work is that

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from the point you come in going forward, you never have to pay again for another renewal ever.

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That program is going to be $49.95, and that's for a lifetime membership. In April, it's going

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to $19.95. It may go to $24.95. I'm not sure. I'm trying to keep it low because I want to help as

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many people as I can, and I'm not trying to just become rich on this. This is really to make sure

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everybody is benefiting as fast as possible. And at the same time, I'm getting heat from

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people who are higher up saying what you're doing makes no sense. I mean, you know, you build per

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hour almost, you know, at $600 an hour. Two of your hours is $1,200. Why are you doing this?

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And so I said, well, let's have at least 100x people first. Then we can do other stuff

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all we want, but let's at least start with a plateau, right? Then we can build. So I think

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it's going to level off likely either at $19.95 or $24.95 a year. One of those two,

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and then I'll just keep it there. Larissa has a question. Yes.

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So it's already being asked. Is that an additional fee or minus what they've already invested?

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Oh, no. Minus what you've put in. Yeah, that's total. No, no. Yeah. No, that's not an extra fee.

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That's a total fee of everything. Yeah. There's going to be a different package that will become

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available either in April or June. I'm going to be running it every other month. So either April

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or June, there's going to be another package. It's called a platinum package. Nobody knows about this.

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I'm working on this right now with a team. What it's going to do is make literally every single

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video available, all cataloged by subject matter. That would be my daughter. That's interesting.

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Let me just tell her I'm going to text her back.

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Okay. I know she has money for gas, so she should be good for a little while at least.

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She's not going to see this, so I'm safe. I'm safe. So what this platinum package is,

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is whoever goes into the platinum package is going to have access to literally everything,

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all cataloged by subject matter. That means every challenge, every VIP, every protection portal,

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everything. So every single video that's available. And that's, I have a number for that,

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but that's going to be, I want to finish kind of building that up before I reveal the number for

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that. So that's kind of it. So if any of you are interested in the lifetime fulfill, just DM me or

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let me know what is going on. Sorry guys. My daughter doesn't do that. She just hit me with

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three texts back to back to back and families first. So I don't need to know what's going on.

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Oh yeah. My daughter's coming home tomorrow. I know that sweetheart.

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So my daughter goes to school at RPI. You will all meet my daughter. I'll introduce you to her

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because she wants to get involved with the corporation as well. And so she's going to

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be helping out on the backend. She goes to RPI for architecture and interior design. So

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yeah, she'll love meeting all of you. So if you have any questions on that, just let me know.

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You're going to see an announcement for the affiliate program. Each of you will get a

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separate email. Obviously, if you don't want to do it, feel free. You don't have to sign up. I'm

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making it available for you if you want it. It's just that you're already referring people and it

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just makes no sense for you to make no money for referring people. You're already doing it because

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people are already asking me about April. So this weekend, Saturday, we should be done with

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upgrading everything and ready to go for April. And at that point, you'll have your affiliate

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links and everything will be ready and then you can do what you do. As you're going along,

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if you have questions on anything, on any of the programs, dates, anything like that,

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just let me know. Hey, Miguel, how are you? I can see you in the car now. Good to see you, buddy.

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So what you're going to notice in the protection portal is I'm going to be announcing different

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things as you're going along. Resources that I think are going to be very beneficial to you,

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like places where I find free licensing of software or free licensing of music or video.

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or searching resources, every once in a while,

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I'll run a survey to find out if you want agents

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from another country.

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Like I said, I have agents in every country of the world.

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So if you tell me you're starting to do a lot of work

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in China, or you're doing a lot of work in Germany,

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or even the UK, wherever it is, you can let me know

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and I can get agents for you to come in

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and be a guest speaker.

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And it doesn't cost you a penny.

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It's all based on my relationships with these people.

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The other thing is, as you start to work in other countries,

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you will get my discounts.

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So what I'm arranging, this is brand new.

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Nobody knows about this.

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You guys are the first ones to get this.

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So if you start requiring support in, let's say, wherever,

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my associates, I'm telling them,

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anyone that I refer to them, they have to give my discounts.

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And just so you understand the way the legal system works,

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I kind of touched base on this for you,

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but I think it's really valuable for you to understand

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what works in the legal system.

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So there is a, hey, oh my gosh, you're gonna say hi?

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She's gonna say hi?

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No way.

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So this is my wife, my lovely wife, Bonnie.

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Hi.

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Hey.

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So those are broken arms.

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Thank you for the prayers for her.

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So she's the ice hockey player who slipped on the ice

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and broke her arms, unfortunately.

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But she's recovering.

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She's doing well.

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So thanks for stopping by and saying hi.

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Love you, babe.

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That was pretty cool.

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I didn't know it was gonna happen.

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Awesome.

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So yeah, so what's gonna happen is

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if you need any of the associates in any of the countries,

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I'll make the personal introductions myself

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so that they know that you're affiliated with me,

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and then they'll give you my discounts.

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The way that lawyers work,

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and they're horrible at this.

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Attorneys are so bad at this.

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But there's like maybe 10 to 20% of the lawyers

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that do this well.

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They work in these reciprocating work forums.

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That's what they do.

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So I send Coach Jennifer 10 cases.

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And I say, Jennifer, here's like 10 cases

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for you to file in Switzerland, right?

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And so she goes and she does the filings.

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And I say, well, just so you know,

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in this relationship, I expect to receive something back.

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So now she should be sending me work

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to file in the United States

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because she's an agent in Switzerland.

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So it's like May, June,

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and I haven't gotten a single case from her.

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I'm like, hey, Coach Jennifer, how's it going?

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How's the chocolate in Switzerland?

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Yeah, yeah, let's get to the point.

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I haven't gotten any work back from you.

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We should be reciprocating work here

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because intellectual property,

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what's called an intangible asset,

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that means it has a value.

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And so every case that she files in Switzerland,

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she's making money off of.

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So she should be reciprocating that relationship.

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So that's the way good lawyers build up a book of business.

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That's how they do it.

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They support each other in different countries.

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They build these networks.

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So anytime that I refer you to somebody,

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I'm gonna be on the introduction

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if you wanna take advantage of the discount

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just so that they know.

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Otherwise, they won't give you the discount.

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What they'll do instead

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is they'll charge you their normal rates

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of like seven, $800 an hour,

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instead of like 480, 500,

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and sometimes like in the 300s,

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which is pretty impressive

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for some of the rates that we have.

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Any questions so far?

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This is more like just the administrative stuff.

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I just wanna make sure you understand

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the background of what's going on.

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Yeah, yeah, go ahead.

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Go ahead, unmute yourself and ask.

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So I am not here to offend.

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I'm just trying to put a couple of things together

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in my head.

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So for example, I'm part of LegalShield

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as a person who participates in it,

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and I have it with my business coverage.

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And because I have that,

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I get a discount, 25% of lawyers that I utilize

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out of their referred network.

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Is there an opportunity for you

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to set something up like that?

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To set up a 25% discount on-

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Or that style, or even work with LegalShield

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for what you're offering?

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No, no, I would never work with LegalShield.

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That's not...

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So there's a number of different services

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that are available

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that are really good at doing cookie cutter work,

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essentially.

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Like they're very good at like contracts.

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Contracts are perfect, right?

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So I'm gonna do a corporate formation of an LLC.

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Reach out to LegalLoop, LegalShield, all these others.

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Give me a copy of this.

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00:14:45.360 --> 00:14:46.840
Then I need an attorney just to overlook it

226
00:14:46.840 --> 00:14:48.680
after I fill in the blanks, right?

227
00:14:48.680 --> 00:14:50.600
Those entities are great.

228
00:14:50.600 --> 00:14:53.240
What they're horrible at is strategic planning.

229
00:14:53.240 --> 00:14:55.120
They don't do strategic planning.

230
00:14:55.120 --> 00:14:57.280
They don't understand all the different aspects

231
00:14:57.280 --> 00:15:00.040
of like patents, trademarks, copyrights.

232
00:15:00.000 --> 00:15:04.320
trade secrets, global IP portfolio management,

233
00:15:04.320 --> 00:15:05.800
any of those issues.

234
00:15:05.800 --> 00:15:07.400
They don't do opinion work.

235
00:15:07.400 --> 00:15:09.320
They don't hit it at that level.

236
00:15:09.320 --> 00:15:12.800
They're very good at doing single projects.

237
00:15:12.800 --> 00:15:15.800
So let's say you are going to do a joint development

238
00:15:15.800 --> 00:15:18.480
agreement with somebody on a new technology, right?

239
00:15:18.480 --> 00:15:19.900
You can reach out to them and say,

240
00:15:19.900 --> 00:15:21.600
I need a joint development agreement.

241
00:15:21.600 --> 00:15:23.040
OK, now I've got it.

242
00:15:23.040 --> 00:15:25.040
Now, I need to modify the document.

243
00:15:25.040 --> 00:15:26.280
Now, you modified a document.

244
00:15:26.280 --> 00:15:28.000
Now, I need a lawyer to just look at it.

245
00:15:28.000 --> 00:15:30.400
Now, these lawyers are already familiar with the document.

246
00:15:30.400 --> 00:15:33.200
So now they just say, yep, that name there.

247
00:15:33.200 --> 00:15:34.520
Just move this over here.

248
00:15:34.520 --> 00:15:35.480
Move that over there.

249
00:15:35.480 --> 00:15:36.680
Put in the information there.

250
00:15:36.680 --> 00:15:37.520
Yep, it looks good.

251
00:15:37.520 --> 00:15:39.160
You're fine to go, right?

252
00:15:39.160 --> 00:15:43.240
What they don't do is dig in.

253
00:15:43.240 --> 00:15:46.480
What I do is kind of a different level of legal support.

254
00:15:46.480 --> 00:15:48.200
What I do is kind of like I understand

255
00:15:48.200 --> 00:15:50.560
what the corporation's doing, and I give them

256
00:15:50.560 --> 00:15:52.800
guidance on whether or not you should

257
00:15:52.800 --> 00:15:56.800
do the joint development agreement in the first place.

258
00:15:56.800 --> 00:15:58.080
Should you file a patent application?

259
00:15:58.080 --> 00:15:59.200
Should you file provisional?

260
00:15:59.200 --> 00:16:00.760
Should you file utility?

261
00:16:00.760 --> 00:16:02.800
Should you file a PCT application,

262
00:16:02.800 --> 00:16:05.080
taking advantage of the Paris Convention?

263
00:16:05.080 --> 00:16:06.040
Should you not?

264
00:16:06.040 --> 00:16:07.760
Like all those different things.

265
00:16:07.760 --> 00:16:10.000
And those services that you're talking about

266
00:16:10.000 --> 00:16:13.120
are really good for like I'll tell you every once in a while,

267
00:16:13.120 --> 00:16:14.040
I'll say, you know what?

268
00:16:14.040 --> 00:16:15.400
You need a contract on this.

269
00:16:15.400 --> 00:16:17.000
Look up legal loop.

270
00:16:17.000 --> 00:16:18.360
Like just do a quick search.

271
00:16:18.360 --> 00:16:19.560
It's like $90.

272
00:16:19.560 --> 00:16:21.920
Just grab one of those contracts.

273
00:16:21.920 --> 00:16:23.520
But now what you need to do is be

274
00:16:23.520 --> 00:16:26.760
able to modify it based on your circumstances.

275
00:16:26.760 --> 00:16:31.200
See, a lot of individuals, what they'll do

276
00:16:31.200 --> 00:16:35.280
is they'll grab the general template,

277
00:16:35.280 --> 00:16:38.840
but it's not customized to their circumstances.

278
00:16:38.840 --> 00:16:41.400
So as an example, you've got, let's say,

279
00:16:41.400 --> 00:16:44.360
three people that you're building a corporation with.

280
00:16:44.360 --> 00:16:45.880
One of them is an inventor.

281
00:16:45.880 --> 00:16:48.720
One of them is affiliated with another corporation.

282
00:16:48.720 --> 00:16:52.240
Those standard forms do not address that situation at all.

283
00:16:52.520 --> 00:16:54.520
You've got to make sure there's a segmentation

284
00:16:54.520 --> 00:16:55.880
between the intellectual property

285
00:16:55.880 --> 00:16:57.520
and the corporation that's associated

286
00:16:57.520 --> 00:16:59.760
with one of the board members who's

287
00:16:59.760 --> 00:17:01.800
with another corporation.

288
00:17:01.800 --> 00:17:03.560
If they're an inventor, what happens?

289
00:17:03.560 --> 00:17:06.359
All these other things, you have to figure that out.

290
00:17:06.359 --> 00:17:10.119
So when it's really simple, those kind of programs

291
00:17:10.119 --> 00:17:11.839
are really good, like legal loop.

292
00:17:11.839 --> 00:17:13.720
And there's actually like five or six of them.

293
00:17:13.720 --> 00:17:15.079
There's a bunch of them.

294
00:17:15.079 --> 00:17:19.680
In the IP area, in my opinion, do not touch those people.

295
00:17:19.680 --> 00:17:21.040
They're dangerous.

296
00:17:21.160 --> 00:17:22.560
I mean, when I mean dangerous,

297
00:17:22.560 --> 00:17:25.359
I don't mean just like, oh, well, it'll be okay.

298
00:17:25.359 --> 00:17:28.520
I mean, very dangerous.

299
00:17:28.520 --> 00:17:31.240
Because I've had a number of individuals come to me

300
00:17:31.240 --> 00:17:33.960
after they've used some of those resources

301
00:17:33.960 --> 00:17:35.640
and said, I did a patent search.

302
00:17:35.640 --> 00:17:37.120
Everything looked great.

303
00:17:37.120 --> 00:17:38.000
I got sued.

304
00:17:38.000 --> 00:17:39.080
What do I do?

305
00:17:39.080 --> 00:17:40.840
Here's my report from legal loop.

306
00:17:40.840 --> 00:17:43.400
And I was like, oh.

307
00:17:43.400 --> 00:17:46.280
And so what they did was they paid a flat fee

308
00:17:46.280 --> 00:17:48.680
for a patent search and a patent application filing.

309
00:17:48.680 --> 00:17:53.640
And all the people did was they took the description.

310
00:17:53.640 --> 00:17:55.120
They did a quick online search.

311
00:17:55.120 --> 00:17:56.760
They gave them all the reports,

312
00:17:56.760 --> 00:17:58.280
but then they took the description

313
00:17:58.280 --> 00:18:00.440
and they filed it as a provisional

314
00:18:00.440 --> 00:18:02.800
without flushing it out to make it enabling

315
00:18:02.800 --> 00:18:05.120
the one of ordinary skill in the art.

316
00:18:05.120 --> 00:18:06.840
Like they didn't flush out all the details

317
00:18:06.840 --> 00:18:09.760
that are necessary to make it enforceable later.

318
00:18:09.760 --> 00:18:13.560
So there are certain circumstances where it's very simple.

319
00:18:13.560 --> 00:18:14.400
Those are great.

320
00:18:14.400 --> 00:18:16.760
Simple form, grab a simple form.

321
00:18:16.760 --> 00:18:20.560
But when you're looking at like serious situations

322
00:18:20.560 --> 00:18:25.000
like intellectual property, you gotta be very careful.

323
00:18:25.000 --> 00:18:27.240
You really have to be careful because you can't recover.

324
00:18:27.240 --> 00:18:30.240
Once you make the mistake, like if you follow provisional

325
00:18:30.240 --> 00:18:32.960
and you believe that you're fine

326
00:18:32.960 --> 00:18:34.480
and more than one year passes

327
00:18:34.480 --> 00:18:35.760
and you've been offering it for sale,

328
00:18:35.760 --> 00:18:37.800
your invention is donated to the public period.

329
00:18:37.800 --> 00:18:39.280
There's no recovery.

330
00:18:39.280 --> 00:18:40.440
Like you can't fix it.

331
00:18:40.440 --> 00:18:41.840
It's gone.

332
00:18:41.840 --> 00:18:45.600
And I've got like those reports from those companies,

333
00:18:45.600 --> 00:18:47.720
a number of those that people have come in with

334
00:18:47.720 --> 00:18:49.120
and we can't help them.

335
00:18:49.120 --> 00:18:51.080
They're just done.

336
00:18:51.080 --> 00:18:53.520
So what I would say is if you're thinking of doing that,

337
00:18:53.520 --> 00:18:54.360
let me know.

338
00:18:54.360 --> 00:18:55.920
And I'll say, yeah, this one totally.

339
00:18:55.920 --> 00:18:56.760
That makes sense.

340
00:18:56.760 --> 00:18:57.840
Use them for that.

341
00:18:57.840 --> 00:18:59.720
And it might be another situation where I say,

342
00:18:59.720 --> 00:19:00.840
yeah, you don't wanna do that.

343
00:19:00.840 --> 00:19:04.320
Like just, you need somebody to dig in the dirt with you.

344
00:19:04.320 --> 00:19:07.320
This isn't as simple as like poking your finger in

345
00:19:07.320 --> 00:19:08.880
and dropping a seed and covering it.

346
00:19:08.880 --> 00:19:11.400
It's, you need to work the soil.

347
00:19:11.400 --> 00:19:13.520
You need to water it at a specific time

348
00:19:13.520 --> 00:19:15.680
and you need the right lighting.

349
00:19:15.680 --> 00:19:17.960
You know, does that make sense?

350
00:19:17.960 --> 00:19:18.800
Yeah.

351
00:19:18.800 --> 00:19:20.800
I think every resource is beneficial

352
00:19:20.800 --> 00:19:23.320
in a specific situation.

353
00:19:23.320 --> 00:19:26.160
And so you just have to know which situations to do it

354
00:19:26.160 --> 00:19:28.000
and which situations not to.

355
00:19:28.000 --> 00:19:31.120
So, and you know, we've seen a number of those

356
00:19:31.120 --> 00:19:32.760
and I even sent some of my clients over.

357
00:19:32.760 --> 00:19:35.160
I was like, dude, you don't need me.

358
00:19:35.160 --> 00:19:37.840
Like, this is so simple.

359
00:19:37.840 --> 00:19:39.680
Like just grab a form off of here.

360
00:19:39.680 --> 00:19:41.240
You don't need me for that.

361
00:19:41.640 --> 00:19:43.520
And just to be clear for all of you here,

362
00:19:43.520 --> 00:19:45.600
I'm not trying to get clients.

363
00:19:45.600 --> 00:19:47.560
Just, that's not what this is about.

364
00:19:47.560 --> 00:19:49.600
I'm not trying to make you hire me as a lawyer.

365
00:19:49.600 --> 00:19:50.920
That's not what this is about.

366
00:19:50.920 --> 00:19:52.440
If you're in a situation and you need help,

367
00:19:52.440 --> 00:19:54.200
I'll always be there for you.

368
00:19:54.200 --> 00:19:56.680
But no, this is about,

369
00:19:56.680 --> 00:19:59.680
the portal is really about supporting you as you're growing.

370
00:20:00.000 --> 00:20:03.680
making sure that you're aware of certain circumstances

371
00:20:03.680 --> 00:20:06.280
so you can guide your who, yourself,

372
00:20:06.280 --> 00:20:07.880
and decrease the legal fees

373
00:20:07.880 --> 00:20:09.240
that you essentially end up paying.

374
00:20:09.240 --> 00:20:11.920
Or you're prepared to talk to people properly

375
00:20:11.920 --> 00:20:13.280
when you get to that point.

376
00:20:14.240 --> 00:20:18.040
Bonnie, do you had a question,

377
00:20:18.040 --> 00:20:20.280
or was that all on same lines, or?

378
00:20:20.280 --> 00:20:21.760
Okay.

379
00:20:21.760 --> 00:20:23.320
Yeah, Jennifer, go right ahead.

380
00:20:24.360 --> 00:20:27.320
Question about your referral network.

381
00:20:27.360 --> 00:20:30.720
Is that only other IP attorneys,

382
00:20:30.720 --> 00:20:34.040
or is that other types of attorneys?

383
00:20:34.040 --> 00:20:36.920
It's every, I have attorneys in every area of law

384
00:20:36.920 --> 00:20:38.520
in every country of the world.

385
00:20:38.520 --> 00:20:42.880
So, yeah, if you have specific situations,

386
00:20:42.880 --> 00:20:44.480
let me know and I'll know.

387
00:20:44.480 --> 00:20:48.600
From my network, I will know whether or not

388
00:20:48.600 --> 00:20:50.920
the contact that I have is reasonably priced.

389
00:20:50.920 --> 00:20:53.680
Because I also have contacts in certain countries

390
00:20:53.680 --> 00:20:55.360
that are not reasonably priced.

391
00:20:55.360 --> 00:20:56.800
They're like the cream of the crop,

392
00:20:56.800 --> 00:20:58.720
the best that exists.

393
00:20:58.720 --> 00:21:01.680
And because of that, their cost is high.

394
00:21:01.680 --> 00:21:03.400
And so I'll be able to tell you,

395
00:21:03.400 --> 00:21:05.520
all right, in your situation,

396
00:21:05.520 --> 00:21:07.960
don't use my contact in India.

397
00:21:07.960 --> 00:21:09.800
Like, use somebody else.

398
00:21:09.800 --> 00:21:11.920
Like, you don't want, mine is very good,

399
00:21:11.920 --> 00:21:14.400
but you're gonna spend $200 an hour more.

400
00:21:14.400 --> 00:21:16.240
So I'll let you know those things.

401
00:21:16.240 --> 00:21:19.160
It's really on a case-by-case basis.

402
00:21:19.160 --> 00:21:20.840
So if there's somebody I can refer to you

403
00:21:20.840 --> 00:21:22.840
that'll help you out, I certainly will.

404
00:21:23.080 --> 00:21:23.920
Yeah.

405
00:21:25.440 --> 00:21:27.600
Any other questions?

406
00:21:29.320 --> 00:21:30.360
I have an-

407
00:21:30.360 --> 00:21:31.200
Yeah, go ahead.

408
00:21:31.200 --> 00:21:34.680
Unrelated question, not about the, I guess,

409
00:21:34.680 --> 00:21:39.680
question about where this expense falls on taxes.

410
00:21:40.040 --> 00:21:41.480
I do not know the answer to that.

411
00:21:41.480 --> 00:21:43.520
Because I'm gonna assume I can't file it

412
00:21:43.520 --> 00:21:47.480
under legal expenses because it's not proper legal advice.

413
00:21:47.480 --> 00:21:50.120
So I'm guessing probably under education and training.

414
00:21:50.120 --> 00:21:51.560
That's where I think most people

415
00:21:51.560 --> 00:21:53.720
are putting it is education and training.

416
00:21:53.720 --> 00:21:54.760
That's what I thought.

417
00:21:54.760 --> 00:21:57.200
Because it's not, I get, you know,

418
00:21:57.200 --> 00:21:58.840
what we're sort of talking about conceptually

419
00:21:58.840 --> 00:21:59.680
is it's insurance,

420
00:21:59.680 --> 00:22:01.480
but it's obviously not directly insurance.

421
00:22:01.480 --> 00:22:03.320
It's not directly legal advice.

422
00:22:03.320 --> 00:22:06.320
I can't, like, I couldn't bill it like I, you know,

423
00:22:07.760 --> 00:22:09.880
how I mark CPA, like, you know,

424
00:22:09.880 --> 00:22:12.120
for my getting my taxes done, things like that.

425
00:22:12.120 --> 00:22:13.120
So, okay.

426
00:22:13.120 --> 00:22:15.120
Yeah, I think what I've been hearing

427
00:22:15.120 --> 00:22:19.240
most people are doing is they list it as educational,

428
00:22:19.240 --> 00:22:21.440
you know, educational services and-

429
00:22:22.320 --> 00:22:23.520
Like all my stuff under 100X,

430
00:22:23.520 --> 00:22:25.120
all that all just gets lumped

431
00:22:25.120 --> 00:22:27.960
under education and training category.

432
00:22:27.960 --> 00:22:29.880
Yeah, I wish I could do that with the mastermind.

433
00:22:29.880 --> 00:22:30.720
That'd be great.

434
00:22:30.720 --> 00:22:32.240
Yeah.

435
00:22:32.240 --> 00:22:34.560
That would be a big chunk to put under education.

436
00:22:34.560 --> 00:22:37.600
Why can't, how about dues and subscriptions?

437
00:22:39.240 --> 00:22:40.920
Well, it's a one-time fee.

438
00:22:42.000 --> 00:22:43.840
And I don't know,

439
00:22:43.840 --> 00:22:46.240
I don't know if I might just kind of make the IRS

440
00:22:46.240 --> 00:22:48.800
hunt me down for a one-time fee

441
00:22:48.800 --> 00:22:50.640
as high as it was to get in the mastermind.

442
00:22:50.640 --> 00:22:52.320
So I don't know that I could do that or not.

443
00:22:52.320 --> 00:22:54.360
But why couldn't you do that as education and training?

444
00:22:54.360 --> 00:22:55.520
Yeah, why can't it?

445
00:22:55.520 --> 00:22:57.040
Yeah.

446
00:22:57.040 --> 00:22:58.320
Well, let's put it this way.

447
00:22:58.320 --> 00:23:03.320
So I've been called by the IRS once before, right?

448
00:23:03.440 --> 00:23:05.640
And the reason why they did it,

449
00:23:05.640 --> 00:23:08.320
I asked them, well, why did you flag me?

450
00:23:08.320 --> 00:23:10.960
Like, what did I do that was so bad?

451
00:23:10.960 --> 00:23:12.520
And they said, oh, nothing's bad.

452
00:23:12.520 --> 00:23:14.920
They said, but the amount that you donate

453
00:23:14.920 --> 00:23:19.400
to charities is just inordinately high.

454
00:23:19.400 --> 00:23:23.080
Like you're donating like 20, 30% of your salary.

455
00:23:23.080 --> 00:23:26.080
And that, so you became a red flag immediately.

456
00:23:26.080 --> 00:23:27.120
So I said, hold it.

457
00:23:27.120 --> 00:23:29.400
So does that mean that all Christians

458
00:23:29.400 --> 00:23:30.960
are getting flagged essentially

459
00:23:30.960 --> 00:23:33.080
because they're donating to charities

460
00:23:33.080 --> 00:23:35.320
and other stuff for the tithing?

461
00:23:35.320 --> 00:23:37.640
And the woman who was incredibly kind,

462
00:23:37.640 --> 00:23:41.040
she said, well, I'm not gonna say anything,

463
00:23:41.040 --> 00:23:44.160
but it does tend to be more Christians.

464
00:23:44.160 --> 00:23:45.600
But separate from that,

465
00:23:45.600 --> 00:23:49.840
if you're giving 20, 30% of your salary away,

466
00:23:49.840 --> 00:23:50.760
you get flagged.

467
00:23:50.760 --> 00:23:52.560
So I guess my concern is,

468
00:23:53.400 --> 00:23:57.320
I've got ATE challenges, which is the entity,

469
00:23:57.320 --> 00:24:01.560
and I've got a $50,000 charge,

470
00:24:01.560 --> 00:24:03.640
like a one-time fee.

471
00:24:03.640 --> 00:24:05.720
Is that now gonna flag the IRS

472
00:24:05.720 --> 00:24:09.080
for a one-time $50,000 fee for them to now dig in

473
00:24:09.080 --> 00:24:11.600
so I gotta find literally every single receipt

474
00:24:11.600 --> 00:24:14.240
and everything like that to prove everything?

475
00:24:14.240 --> 00:24:17.480
It's like the benefit that I would get to me,

476
00:24:17.480 --> 00:24:19.280
I'd rather just have peace

477
00:24:19.280 --> 00:24:21.520
and not have to deal with all that,

478
00:24:21.520 --> 00:24:23.960
but I'll look into it and see.

479
00:24:23.960 --> 00:24:25.520
I mean, but I think at the end of the day,

480
00:24:25.520 --> 00:24:26.640
Despina, I think you're right.

481
00:24:26.640 --> 00:24:29.920
I think it technically does fall into education

482
00:24:29.920 --> 00:24:31.520
because that's why I'm in there.

483
00:24:34.080 --> 00:24:34.920
Well, yeah.

484
00:24:34.920 --> 00:24:37.520
Or even marketing expense or education, I suppose.

485
00:24:37.520 --> 00:24:39.480
It's not even really, like, it's not even a...

486
00:24:39.480 --> 00:24:40.880
Yeah, it's one of the two for sure.

487
00:24:40.880 --> 00:24:42.400
Yeah, I think it's educational.

488
00:24:42.400 --> 00:24:43.960
Totally, because you think about the ideas

489
00:24:44.680 --> 00:24:45.760
that you get and what-

490
00:24:45.760 --> 00:24:46.600
Oh, yeah.

491
00:24:46.600 --> 00:24:48.800
Helped you do in your business or whatever.

492
00:24:48.800 --> 00:24:51.760
Like, even I thought about that as I, you know,

493
00:24:51.760 --> 00:24:53.440
wrote down conference expenses,

494
00:24:53.440 --> 00:24:55.320
and it's like, what do you mean you've been to California

495
00:24:55.320 --> 00:24:57.120
three times in the last year for the same?

496
00:24:57.120 --> 00:24:57.960
You know?

497
00:24:57.960 --> 00:24:59.680
It's like, yeah, but I can show you,

498
00:24:59.680 --> 00:25:00.880
here's what I'm doing.

499
00:25:00.000 --> 00:25:02.040
I'm learning, I'm working towards certifications.

500
00:25:02.040 --> 00:25:05.320
I'm like, I got that, like, here's why, so.

501
00:25:05.320 --> 00:25:06.160
Right.

502
00:25:06.160 --> 00:25:08.240
But I get what you're saying.

503
00:25:08.240 --> 00:25:09.600
Yeah, it's just, as a lawyer,

504
00:25:09.600 --> 00:25:12.840
I try to avoid certain entities and that's one of them.

505
00:25:12.840 --> 00:25:13.680
Yeah.

506
00:25:13.680 --> 00:25:17.280
Okay, so, but I'll look into it.

507
00:25:17.280 --> 00:25:18.100
Thank you so much.

508
00:25:18.100 --> 00:25:20.480
Bless you guys for raising that.

509
00:25:20.480 --> 00:25:23.760
That's something I'll look into and see as this grows.

510
00:25:23.760 --> 00:25:27.960
So I think that's kind of what I wanted to cover today

511
00:25:27.960 --> 00:25:31.600
is the general outline, you know, the day,

512
00:25:31.600 --> 00:25:33.720
you should know that it's going to be posted

513
00:25:33.720 --> 00:25:36.800
every single month will be posted under events.

514
00:25:36.800 --> 00:25:38.080
If there's any kind of change

515
00:25:38.080 --> 00:25:39.600
because of anything in particular,

516
00:25:39.600 --> 00:25:41.520
I'll let you know in advance.

517
00:25:41.520 --> 00:25:46.520
I'm going to be in California from the, oh gosh,

518
00:25:46.800 --> 00:25:50.440
I'm going to be there from the 16th to the 27th.

519
00:25:50.440 --> 00:25:52.440
I'm going to be in California

520
00:25:52.440 --> 00:25:55.240
because I have a ministry event that takes place

521
00:25:55.240 --> 00:25:57.200
the 18th, 19th.

522
00:25:57.200 --> 00:26:00.640
On the 17th, I'm doing a mastermind with Bruce.

523
00:26:00.640 --> 00:26:04.280
And then the 23rd is Pedro's mastermind

524
00:26:04.280 --> 00:26:06.160
and then we're in conference.

525
00:26:06.160 --> 00:26:08.360
So it doesn't make sense to me to fly in

526
00:26:08.360 --> 00:26:11.160
and then fly out and then fly in.

527
00:26:11.160 --> 00:26:14.600
So I'm basically going to be there for 11 days.

528
00:26:16.120 --> 00:26:17.880
Yeah, so.

529
00:26:17.880 --> 00:26:20.640
Yeah, so if anybody has like a dog house outside

530
00:26:20.640 --> 00:26:22.440
and they live in California, let me know,

531
00:26:22.440 --> 00:26:24.800
you know, just bring a pillow and I'll be fine.

532
00:26:25.560 --> 00:26:26.400
Okay.

533
00:26:27.800 --> 00:26:29.160
Any other questions?

534
00:26:30.320 --> 00:26:32.040
All right, so then that's basically it.

535
00:26:32.040 --> 00:26:33.440
I mean, that's the, Crystal,

536
00:26:33.440 --> 00:26:35.480
did you have another question?

537
00:26:35.480 --> 00:26:38.440
It was actually about why we're here.

538
00:26:38.440 --> 00:26:41.360
Like I was just confirming like what trademark

539
00:26:41.360 --> 00:26:43.680
versus logo and things like that we're going to be,

540
00:26:43.680 --> 00:26:45.840
but I don't know if this is the appropriate time to ask that.

541
00:26:45.840 --> 00:26:47.600
You can ask now, I don't mind.

542
00:26:47.600 --> 00:26:50.320
I mean, we got, if people want to drop off,

543
00:26:50.320 --> 00:26:51.680
you're welcome to drop off.

544
00:26:52.680 --> 00:26:54.800
It's 6.30, I can answer a few questions

545
00:26:54.800 --> 00:26:57.200
if you have IP questions, go ahead.

546
00:26:57.200 --> 00:27:01.000
So this past weekend, everything finally came to fruition

547
00:27:01.000 --> 00:27:04.280
and we've developed a new logo, a new name,

548
00:27:04.280 --> 00:27:06.560
a partnership and a framework.

549
00:27:06.560 --> 00:27:07.400
Yep.

550
00:27:07.400 --> 00:27:11.280
And so I just wanted to confirm which pieces of those

551
00:27:11.280 --> 00:27:13.720
would be copyrighted versus trademarked.

552
00:27:13.720 --> 00:27:16.920
And then I think the biggest concern I'm having right now

553
00:27:16.920 --> 00:27:19.280
is that framework is what we're actually sharing

554
00:27:19.680 --> 00:27:22.080
in level two as our talk.

555
00:27:22.080 --> 00:27:24.880
So I'm kind of like thinking through that,

556
00:27:24.880 --> 00:27:28.760
like, hmm, I'm not sure I want to go there tonight.

557
00:27:28.760 --> 00:27:31.080
Yeah, so let's get some group participation here

558
00:27:31.080 --> 00:27:32.680
because I want to make sure everybody's growing

559
00:27:32.680 --> 00:27:34.000
at the same pace.

560
00:27:34.000 --> 00:27:38.160
So Crystal mentioned a number of things.

561
00:27:38.160 --> 00:27:40.760
One, she mentioned like the name, right?

562
00:27:40.760 --> 00:27:43.160
So you have a name for the entity, right?

563
00:27:43.160 --> 00:27:45.840
So what category does the name of the entity

564
00:27:45.840 --> 00:27:47.280
fall under for protection?

565
00:27:49.560 --> 00:27:50.560
Trademark.

566
00:27:50.560 --> 00:27:52.720
Exactly, trademark, right?

567
00:27:52.720 --> 00:27:54.440
And she also mentioned the logo

568
00:27:54.440 --> 00:27:59.000
and what form of protection is available for logos?

569
00:28:02.080 --> 00:28:03.560
Same, trademark.

570
00:28:03.560 --> 00:28:05.280
Trademark, exactly.

571
00:28:05.280 --> 00:28:06.760
And then separate from that,

572
00:28:06.760 --> 00:28:08.760
is there some kind of functionality

573
00:28:08.760 --> 00:28:10.920
or is it just kind of a,

574
00:28:13.200 --> 00:28:14.840
is it a method that you're using

575
00:28:14.840 --> 00:28:17.200
or is there like some functionality using

576
00:28:17.200 --> 00:28:20.680
like either software or technology behind your company?

577
00:28:22.600 --> 00:28:25.320
The framework will lead to a course

578
00:28:25.320 --> 00:28:27.960
that actually teaches them how to create

579
00:28:27.960 --> 00:28:29.720
and run their own challenge.

580
00:28:29.720 --> 00:28:30.560
So there's technology-

581
00:28:30.560 --> 00:28:32.200
So that's all methods.

582
00:28:32.200 --> 00:28:33.440
That's all methods.

583
00:28:33.440 --> 00:28:37.160
So it may be,

584
00:28:37.160 --> 00:28:40.800
it may be that the steps that are performed

585
00:28:40.800 --> 00:28:41.760
may be protectable.

586
00:28:41.760 --> 00:28:45.120
What I would do is I would create a flow chart

587
00:28:45.120 --> 00:28:47.640
and have the different steps laid out in the flow chart.

588
00:28:47.640 --> 00:28:50.760
So it's very clear what happens first, second,

589
00:28:50.760 --> 00:28:52.160
third, fourth, fifth,

590
00:28:52.160 --> 00:28:56.480
like lay out every single step that's in your process flow.

591
00:28:56.480 --> 00:28:59.480
And then I would bring that process flow to an attorney

592
00:28:59.480 --> 00:29:02.480
and ask them, hey, is this protectable by patent?

593
00:29:02.480 --> 00:29:03.600
This is what I'm doing.

594
00:29:03.600 --> 00:29:06.040
But if you call up the attorney first

595
00:29:06.040 --> 00:29:08.200
and say, I wanna talk to you about my process flow,

596
00:29:08.200 --> 00:29:12.560
you're gonna spend another hour or so in legal fees.

597
00:29:12.600 --> 00:29:15.280
So, and there's a confirmation.

598
00:29:15.280 --> 00:29:16.120
Did you hear that?

599
00:29:16.120 --> 00:29:17.600
My phone just went, do, do, do, do, do.

600
00:29:17.600 --> 00:29:20.440
So you're gonna see that a lot as we speak.

601
00:29:20.440 --> 00:29:23.280
So what you wanna do,

602
00:29:23.280 --> 00:29:24.560
you wanna do your own homework

603
00:29:24.560 --> 00:29:27.200
before you go see an IP attorney.

604
00:29:27.200 --> 00:29:29.480
So get the, put together a flow chart.

605
00:29:29.480 --> 00:29:31.440
You know what I mean by a flow chart, right?

606
00:29:31.440 --> 00:29:33.280
Okay, so you have like block number one,

607
00:29:33.280 --> 00:29:34.880
down arrow, block number two,

608
00:29:34.880 --> 00:29:36.440
and then there might be a question.

609
00:29:36.440 --> 00:29:37.680
Answer might be yes or no.

610
00:29:37.680 --> 00:29:38.920
If it's yes, you go here.

611
00:29:38.920 --> 00:29:40.080
No, you go there.

612
00:29:40.080 --> 00:29:40.960
There might be a loop,

613
00:29:41.200 --> 00:29:42.520
all that other stuff.

614
00:29:42.520 --> 00:29:45.880
Create that in a flow chart or maybe multiple flow charts.

615
00:29:45.880 --> 00:29:47.680
Now, the way IP attorneys work,

616
00:29:47.680 --> 00:29:49.200
just to give you some background knowledge

617
00:29:49.200 --> 00:29:51.200
about how IP attorneys work,

618
00:29:51.200 --> 00:29:54.480
is we work at a system level,

619
00:29:54.480 --> 00:29:57.960
then we get at the granular level, okay?

620
00:29:57.960 --> 00:30:00.080
So your process may start out.

621
00:30:00.000 --> 00:30:06.720
here, where you perform step one, then step two, then step three, or if you look at step two,

622
00:30:06.720 --> 00:30:13.440
step two really involves seven steps. So you may have multiple flowcharts. So what I would do,

623
00:30:13.440 --> 00:30:17.040
if you really want to blow the minds of the IP attorney that you meet with,

624
00:30:17.600 --> 00:30:26.400
is number the blocks, right? So like 100, you know, 120, 140, right? And then when you look at

625
00:30:26.400 --> 00:30:31.920
block number two, which is 120, create a new flowchart that has an arrow pointing to it with

626
00:30:31.920 --> 00:30:40.240
120, and then start a flowchart that describes that block alone. Do you get that? I know I'm

627
00:30:40.240 --> 00:30:45.120
going a little fast. I can, if you want me to slow down, let me know. But if people understand

628
00:30:45.120 --> 00:30:50.880
what flowcharts are, then that's, it's kind of like, it's kind of like, let's say I'm going to

629
00:30:50.880 --> 00:30:58.880
pick up my daughter at high school, right? I say, I grab the keys, I get in the car, I drive to the

630
00:30:58.880 --> 00:31:04.160
school, right? Well, driving to the school, I could take that block and put that in another

631
00:31:04.160 --> 00:31:12.080
flowchart. That means, you know, start the car, drive down the driveway, make a left,

632
00:31:13.040 --> 00:31:18.800
and then get to the school, right? But then even get to the school can be further broken down to

633
00:31:18.800 --> 00:31:24.480
another flowchart, which is, you know, make a right on Grapevine Road to get on Page Road,

634
00:31:25.040 --> 00:31:31.120
go forward three miles, make a left on Logging Hill Road. Wow, I remember that. It's amazing.

635
00:31:32.160 --> 00:31:39.040
Make a, and then go straight, you know, 1.5 miles, make a left at Bow High School, right? So you've

636
00:31:39.040 --> 00:31:44.240
got three flowcharts, which started out with one flowchart. That's how IP attorneys work.

637
00:31:45.200 --> 00:31:49.280
They're going to take anything that you say, and they're going to turn it into flowcharts. That's

638
00:31:49.280 --> 00:31:53.680
the first thing they do. That whole process there will take like an hour, an hour and a half for

639
00:31:53.680 --> 00:31:57.200
them to break it down. You just save yourself an hour and a half of billing right there.

640
00:31:59.680 --> 00:32:07.280
Got it. So, so does the talk fit to the flowchart? Where does the talk fit? What do you mean by the

641
00:32:07.280 --> 00:32:12.400
talk? So the signature talk that we're creating on Page Road's group, if it's dealing with a

642
00:32:12.400 --> 00:32:18.640
framework and we don't have that trademarked or copyrighted yet, or patent. Let me ask you

643
00:32:18.640 --> 00:32:21.920
something. First of all, are you asking on behalf of Page Road or is this your own thing?

644
00:32:22.480 --> 00:32:27.760
No, for me, like as I was writing it out and I was, I've given part of the talk four times now,

645
00:32:27.760 --> 00:32:33.440
and I'm like, I'm actually talking about our framework in this talk. Like, how do I protect

646
00:32:33.440 --> 00:32:38.800
them? And so I realized that in a meeting yesterday morning, and I made a disclaimer and said,

647
00:32:38.800 --> 00:32:44.560
all information that's said here is protected by rights. Because I was like, oh gosh. So,

648
00:32:46.160 --> 00:32:51.760
if I'm doing a presentation, the slides that are used are protectable by, somebody tell me how you

649
00:32:51.760 --> 00:32:58.000
can protect the slides. Copyright. Copyright. Copyright. Exactly. So the slides are protectable

650
00:32:58.000 --> 00:33:02.880
by copyright. The images that are used, how are the images protected? Somebody tell me.

651
00:33:03.680 --> 00:33:09.680
Same thing. Copyright. Copyright. Exactly. Very good. Very good. You've only been in this for one

652
00:33:09.680 --> 00:33:14.400
week. You guys are awesome. I'm more proud of you than you are of yourself. I'm impressed.

653
00:33:14.400 --> 00:33:20.480
That's awesome. So now, so if I'm doing this presentation, I've got slides, my slides are

654
00:33:20.480 --> 00:33:29.200
protectable. The content that I'm speaking or my speech itself, the word, like the recording of it,

655
00:33:30.160 --> 00:33:36.720
somebody tell me how you can protect the recording. Copyright. Copyright. Very good. Yeah.

656
00:33:36.720 --> 00:33:42.160
So the recording itself, the video, the audio, that's protectable. Now, if you're saying, well,

657
00:33:42.160 --> 00:33:46.720
what about the content? I want to protect the content. That's a problem. Now it gets really

658
00:33:46.720 --> 00:33:53.840
mushy and now you're really talking legal advice. Because now, you want to talk to an attorney and

659
00:33:53.840 --> 00:33:58.640
say, these are the specific things that I'm saying. I need to know which aspect of this is

660
00:33:58.640 --> 00:34:02.560
protectable. So now they're going to dig in and they're going to say, well, let me listen to what

661
00:34:02.560 --> 00:34:06.880
you're talking about. All right. Now, I want you to take the subject matter that you're talking

662
00:34:06.880 --> 00:34:10.080
about, turn it into a flow chart. That's what they're going to tell you. I'm telling you,

663
00:34:10.080 --> 00:34:15.120
this is what they do. They love flow charts. Turn that subject matter into a flow chart. And then

664
00:34:15.120 --> 00:34:22.960
give me that flow chart and I'll look at it. And so what I would say is you've got copyright for

665
00:34:22.960 --> 00:34:30.080
your recordings, copyright for your slides, copyright. One of the things that we do is we

666
00:34:30.080 --> 00:34:37.440
create books sometimes out of the content that we discuss. I can actually take the five-day

667
00:34:37.440 --> 00:34:42.400
challenge that I did and I can turn it into a book like that. I can literally just transcribe

668
00:34:42.400 --> 00:34:48.080
the whole thing, tweak it here and there, sell the book for X amount of money. And that's

669
00:34:48.080 --> 00:34:53.120
something that people buy because they want to be able to look at it, highlight it and grab what

670
00:34:53.120 --> 00:34:57.520
they want. Right. That's why I don't. Another reason why I don't do transcriptions is because

671
00:34:57.520 --> 00:34:59.760
all that is protectable by copyright. You know.

672
00:35:00.000 --> 00:35:01.420
by the entity that I own.

673
00:35:01.900 --> 00:35:06.560
So for you, I would say put the copyright notices on your slides.

674
00:35:06.560 --> 00:35:12.020
If you have slides, put the copyright notice on any materials that you hand out.

675
00:35:12.540 --> 00:35:17.560
It should mention, you know, the copyright symbol, you know, the date.

676
00:35:17.920 --> 00:35:22.960
It should also mention if it's in your name or if it's your entity's name.

677
00:35:22.960 --> 00:35:24.040
You have to figure that out.

678
00:35:24.640 --> 00:35:28.220
Do you want it to be, you know, owned by you as an individual or your entity?

679
00:35:28.700 --> 00:35:29.520
Either one of those.

680
00:35:29.680 --> 00:35:32.480
So figure that out and then put your copyright notices on all these things.

681
00:35:32.480 --> 00:35:36.000
And then separate from that, create your flowcharts about your process

682
00:35:36.000 --> 00:35:37.380
and then go speak to an IP attorney.

683
00:35:38.160 --> 00:35:44.600
And obviously, I mean, happy to, you know, help you out or whatever, but that's legal advice.

684
00:35:44.920 --> 00:35:45.820
That needs to be analyzed.

685
00:35:46.700 --> 00:35:52.100
But just knowing that they're going to break down whatever you're doing into a flowchart.

686
00:35:52.100 --> 00:35:55.420
If you did that beforehand, you save yourself an hour to an hour and a half.

687
00:35:55.420 --> 00:36:01.300
So you just saved yourself 900 bucks and we haven't even started the protection portal yet.

688
00:36:01.300 --> 00:36:02.400
So there you go.

689
00:36:03.800 --> 00:36:05.800
Peter, a couple of questions about that.

690
00:36:06.260 --> 00:36:06.420
Yeah.

691
00:36:06.460 --> 00:36:10.340
Like, is this where you're talking about for like filing a patent though?

692
00:36:10.340 --> 00:36:15.020
Like once it's been made public, the clock starts ticking.

693
00:36:15.500 --> 00:36:16.380
Great point.

694
00:36:16.420 --> 00:36:19.720
So at this point, she's already spoken publicly about her process.

695
00:36:19.720 --> 00:36:23.980
So to go talk about it, to file a patent now, she's got 12 months.

696
00:36:24.140 --> 00:36:26.780
Like the clock, the clock is now ticking on that.

697
00:36:27.340 --> 00:36:28.380
Yeah, it depends.

698
00:36:28.380 --> 00:36:33.180
So this is the way it would break down is the best way to do all this stuff is before you,

699
00:36:33.460 --> 00:36:36.900
obviously, before you start going to trade shows, before you start doing presentations,

700
00:36:36.940 --> 00:36:39.740
do the analysis, figure out if there's anything that's protectable, right?

701
00:36:40.700 --> 00:36:46.740
If there is something that's protectable, you want to get at least a provisional file before you do any of the discussions.

702
00:36:47.180 --> 00:36:51.820
If you do the discussions, like you said, see, there are three statutory bars.

703
00:36:51.820 --> 00:36:52.820
You remember the three of them?

704
00:36:53.620 --> 00:36:58.580
So there's the on sale bar, the publication bar, and the public use bar, right?

705
00:36:58.980 --> 00:37:06.540
So there would not be an offer for sale unless you're offering unless Crystal's offering her services for sale.

706
00:37:07.060 --> 00:37:09.060
There is no offer for sale.

707
00:37:10.020 --> 00:37:13.860
So then the question is, is it a publication?

708
00:37:13.860 --> 00:37:18.700
So that means is the material being provided and readily available to the public?

709
00:37:19.060 --> 00:37:21.620
That depends on the circumstances, what the person's doing.

710
00:37:21.620 --> 00:37:25.420
An analysis has to be done, you know, specifically to see what they're doing.

711
00:37:25.420 --> 00:37:31.060
Like, are they giving handouts with their process on there or it's readily available by the public?

712
00:37:31.780 --> 00:37:33.740
And then the last one is public use.

713
00:37:34.060 --> 00:37:43.180
Is there because of the teaching that Crystal is doing, is it going to result in the public now performing the function that she's talking about?

714
00:37:43.660 --> 00:37:54.980
Because she essentially could have enabled people to stop her from filing a patent because now there's a third party that's performing what she wants to actually own.

715
00:37:55.140 --> 00:37:55.900
Does that make sense?

716
00:37:57.380 --> 00:37:59.860
That was a little tricky, so I'll go through that one more time.

717
00:37:59.860 --> 00:38:02.860
So if if I talk about a process.

718
00:38:04.140 --> 00:38:06.460
Right, so I talk about, let's say.

719
00:38:07.380 --> 00:38:12.620
A way to store money in a bank, right, let's say that was protectable.

720
00:38:13.060 --> 00:38:15.660
So I receive money for my job.

721
00:38:16.020 --> 00:38:18.100
I go and I cast that check.

722
00:38:18.620 --> 00:38:20.340
I invested in a certain way.

723
00:38:20.340 --> 00:38:22.580
And then I go and I, let's say,

724
00:38:24.100 --> 00:38:25.700
invest it in a specific bank.

725
00:38:25.700 --> 00:38:27.180
Let's say that's the process. Right.

726
00:38:27.580 --> 00:38:28.180
So now.

727
00:38:30.220 --> 00:38:42.540
If I go and I do a discussion and I say these are the steps that you're going to take, right, you're going to receive your check, you're going to cash your check, you're going to make this kind of investment, you're going to take that money and then you're going to invest it in the bank.

728
00:38:42.900 --> 00:38:45.220
I just told everybody the process.

729
00:38:46.660 --> 00:38:50.620
So now if the third party, the people I just trained are actually doing it,

730
00:38:51.500 --> 00:38:55.620
that means a third party is performing the process for its intended purpose.

731
00:38:55.660 --> 00:38:57.460
Right, because I just trained them in how to do it.

732
00:38:58.660 --> 00:39:04.060
So if I'm trying to protect the very thing that I just trained you how to do, I started the clock.

733
00:39:04.340 --> 00:39:05.140
That's the problem.

734
00:39:06.380 --> 00:39:12.420
All right, so what Jennifer just said is exactly accurate, so it all comes down to

735
00:39:12.620 --> 00:39:16.580
somebody has to do an analysis of exactly what you are going to say.

736
00:39:17.620 --> 00:39:24.700
If what you're going to be talking about is so such a high level, then it's not as big of a deal as if you're going into intricate detail

737
00:39:25.180 --> 00:39:30.780
and talking about your process and giving them handouts and teaching them how to do it themselves.

738
00:39:30.780 --> 00:39:35.660
Now you run a higher risk of violating the statutory bar and the clock starting.

739
00:39:35.940 --> 00:39:37.700
Now, that's just in the United States.

740
00:39:38.020 --> 00:39:40.460
Remember, in foreign countries, gone.

741
00:39:41.460 --> 00:39:42.780
It's a whole other world.

742
00:39:42.820 --> 00:39:52.060
And, you know, as we start having some portal, you know, as we start going into the protection portal, I'll start explaining to you how to

743
00:39:52.820 --> 00:39:59.100
how to decrease the chances of you violating statutory bar in any foreign country through certain things.

744
00:39:59.100 --> 00:39:59.740
But I'm not going to say.

745
00:40:00.000 --> 00:40:04.440
started here because it's going to confuse you. I have to set the basis for you to have

746
00:40:04.440 --> 00:40:11.100
the understanding. I can't talk to you about installing the stained glass when you don't

747
00:40:11.100 --> 00:40:19.220
even have a building yet. You have to go step by step. Miguel, I've seen your hand up for

748
00:40:19.220 --> 00:40:25.020
a while. What's up, my brother? You have to unmute.

749
00:40:25.020 --> 00:40:30.920
Hey, thank you for reminding me. I have my daughter here. She might step in to say hi.

750
00:40:30.920 --> 00:40:32.420
Can you hear me well there?

751
00:40:32.420 --> 00:40:34.820
Yeah, we can hear you great.

752
00:40:34.820 --> 00:40:40.540
There you go. Awesome. Hi, Sofia. Say hi. She's going to say hi anyway. Might as well

753
00:40:40.540 --> 00:40:41.540
just announce it.

754
00:40:41.540 --> 00:40:42.540
Can I have my phone?

755
00:40:42.540 --> 00:40:51.180
No, you cannot have my phone. Here's my question real quick, Peter. I hired an IP attorney

756
00:40:51.180 --> 00:40:57.740
a while ago and did a search on one of my trademarks. It came out clear. Then I went

757
00:40:57.740 --> 00:41:03.740
and made that a challenge name. Hey, sweetie, can you please wait?

758
00:41:03.740 --> 00:41:08.420
It's okay. You're fine. We can hear you. We can't hear her as much. Go ahead.

759
00:41:08.420 --> 00:41:15.300
Oh, cool. It's the headphones maybe. I made that a challenge name. Then I've been socializing

760
00:41:15.300 --> 00:41:20.420
it with friends, family, et cetera, et cetera. I plan to run that challenge. What I want

761
00:41:20.420 --> 00:41:28.860
to do is trademark a challenge name. My question specifically is I already did a knockout search

762
00:41:28.860 --> 00:41:36.060
on that. I know I'm good with a real IP attorney. I paid money for that. I want to file it on

763
00:41:36.060 --> 00:41:41.140
my own with what I learned from you. My question is, is it a 1A or a 1B if I haven't run the

764
00:41:41.140 --> 00:41:45.660
challenge but I've already created a landing page, people are signing up, et cetera, et

765
00:41:46.220 --> 00:41:52.060
cetera. Can I file a 1A on that? It depends upon what you're actually using

766
00:41:52.060 --> 00:41:57.500
the trademark, what the trademark is being filed for. Is the trademark being filed for,

767
00:41:57.500 --> 00:42:03.060
as an example, coaching and running of challenges and things like that?

768
00:42:03.060 --> 00:42:10.380
41. I think that's 41. You're filing it for coaching and running

769
00:42:10.380 --> 00:42:14.940
of challenges, basically, that kind of thing. Have you started coaching or running challenges

770
00:42:14.940 --> 00:42:21.820
yet using the trademark? I plan to run a challenge in a short run in

771
00:42:21.820 --> 00:42:27.580
the coming weeks. I will do that, but I've had people sign up already for the challenge.

772
00:42:27.580 --> 00:42:32.060
Does that make sense? Right. The question always becomes, what's

773
00:42:32.060 --> 00:42:37.580
within the recitation of goods and services? Have you started doing that yet? Whatever

774
00:42:37.580 --> 00:42:43.660
is written in there, you have to ask yourself, have I done that yet? If you've done that,

775
00:42:43.660 --> 00:42:47.420
then that's an actual use application. If you have not done that, that's an intent to

776
00:42:47.420 --> 00:42:52.380
use application. Gotcha. Makes sense.

777
00:42:52.380 --> 00:43:00.380
I'll give you a theoretical situation that's not yours, so it's not legal advice. If I

778
00:43:00.380 --> 00:43:05.020
start selling tickets to a challenge but I haven't run a challenge yet, to me, that's

779
00:43:05.020 --> 00:43:11.740
an intent to use. If I'm going to run a challenge in two weeks, why in the world would I file

780
00:43:11.740 --> 00:43:17.020
an intent to use to then have to change it to an actual use and spend extra money? Why

781
00:43:17.020 --> 00:43:22.700
not just wait two weeks and file, put my TM on every time on the website?

782
00:43:25.340 --> 00:43:30.700
That's what I would do. I'm not for wasting. What was that?

783
00:43:32.860 --> 00:43:37.180
No, it makes sense. You're not for wasting. Exactly. Converting and all that. I plan to

784
00:43:37.180 --> 00:43:42.060
use ads and all that and announce it. I was just like, but again, I'm putting people on

785
00:43:42.060 --> 00:43:48.140
notice and now I'm going to put the TM on it. Somebody in here, tell me if what he said is

786
00:43:48.140 --> 00:43:53.420
right. Putting a TM on a trademark or a logo as you're using it, but you haven't filed a

787
00:43:53.420 --> 00:43:55.580
federal registration yet. Is that the right thing to do?

788
00:43:56.780 --> 00:43:59.980
Yes. Yes, exactly. That's it.

789
00:43:59.980 --> 00:44:09.580
All right. Well, I'm going to close here unless somebody has something really pressing

790
00:44:10.460 --> 00:44:14.700
because this really, I want it to be an intro to the protection portal so you know how to get in.

791
00:44:16.300 --> 00:44:22.940
I love your question earlier about Crystal, about those services. Like I said, sometimes I refer

792
00:44:22.940 --> 00:44:31.100
people to those things, simple stuff. The question is, is it simple enough so that something that

793
00:44:31.100 --> 00:44:35.740
other people, I mean, think about it this way. Thousands of people are using that same form.

794
00:44:36.860 --> 00:44:42.940
Can I use that same for myself? That's what you want to break down is, does my situation warrant

795
00:44:42.940 --> 00:44:48.140
a form or does it need truly legal analysis and modification?

796
00:44:49.100 --> 00:44:55.100
Yeah. All right. Wednesday time. Yes, you got it. 12 to 1.30. That's right.

797
00:44:56.460 --> 00:44:57.180
Peter?

798
00:44:57.180 --> 00:44:58.460
Yes. Hey, Jodi.

799
00:44:58.460 --> 00:44:59.500
I just want to say, hey.

800
00:45:00.000 --> 00:45:09.000
This was so timely, like we literally just did our challenge offer today on a six-part framework we've never released before.

801
00:45:09.000 --> 00:45:16.000
So I'm like, oh snap, we got some stuff to do really fast to start protecting it.

802
00:45:16.000 --> 00:45:20.000
So I will have a list of questions that we'll send you.

803
00:45:20.000 --> 00:45:34.000
Yeah, well, I will tell you this. I mean, in general, if you're just coming out with a way of doing something, a lot of the, like a procedure for doing something, a lot of those are not protectable by patent, a lot of them.

804
00:45:34.000 --> 00:45:42.000
It's less common to have a situation where a general process of performing something is protectable.

805
00:45:42.000 --> 00:45:49.000
It's when you're starting to, there's like something very unique that nobody else has done.

806
00:45:49.000 --> 00:46:00.000
And typically, if you can associate software with it or some kind of process that's very unique, then you start to become potentially able to protect it.

807
00:46:00.000 --> 00:46:07.000
But in general, like the process of my running a challenge, not protectable at all.

808
00:46:07.000 --> 00:46:13.000
Like my slides, totally protectable. Logo, totally protectable. My videos, audio, all protectable.

809
00:46:13.000 --> 00:46:29.000
The process of putting together a challenge focused on helping you understand how aspects of ideas are protectable by patent, trademark, copyright, and trade secret, none of that is protectable by patent.

810
00:46:29.000 --> 00:46:35.000
So, like a six part framework of how to increase your leadership.

811
00:46:35.000 --> 00:46:40.000
That is not necessarily something protectable, just the slides would be.

812
00:46:40.000 --> 00:46:46.000
What I would do is the same thing I said for Crystal, come up with a flow chart that breaks down the steps.

813
00:46:46.000 --> 00:46:52.000
And then what you do is you take those steps to an IP attorney and you say, hey, these are my steps.

814
00:46:52.000 --> 00:46:58.000
Is this protectable by patent? If they don't have an answer to you within 15 minutes, they're wasting your time.

815
00:46:59.000 --> 00:47:02.000
Because you've done almost all the work already.

816
00:47:02.000 --> 00:47:08.000
At that point, this is why I'm teaching you the inside secrets to dealing with IP attorneys.

817
00:47:08.000 --> 00:47:12.000
That flow chart, what they're going to want to do is kind of break out the flow chart now.

818
00:47:12.000 --> 00:47:14.000
They're going to ask you questions about each block.

819
00:47:14.000 --> 00:47:18.000
That makes sense. So, if it goes 15 minutes to a half hour, that's fine.

820
00:47:18.000 --> 00:47:22.000
I take back 15 minutes. Half hour, I'm okay up to that.

821
00:47:23.000 --> 00:47:30.000
But if you're like an hour or two into this and they're still asking you basic questions, something's wrong.

822
00:47:30.000 --> 00:47:35.000
Because you already did the heavy work. The heavy work is really breaking it into the flow charts.

823
00:47:35.000 --> 00:47:39.000
Now it's visual. Now they can ask you questions about each step.

824
00:47:39.000 --> 00:47:42.000
And say, okay, in step number two here, how do you do this?

825
00:47:42.000 --> 00:47:50.000
Oh, well, we created a software app that allows communication between the participant of the challenge and this framework.

826
00:47:50.000 --> 00:47:53.000
Oh, software? Hold it. Let's talk a little bit now.

827
00:47:53.000 --> 00:47:55.000
What's done by the software?

828
00:47:55.000 --> 00:47:59.000
And so, as you start to break it down, there may be something protectable.

829
00:47:59.000 --> 00:48:06.000
But typically, if it's just a general process of running a challenge, those kind of things do not tend to be protectable.

830
00:48:06.000 --> 00:48:10.000
They may be. That's why I'm saying do the flow chart.

831
00:48:10.000 --> 00:48:17.000
But then if you've got like a unique framework, a unique way of doing something, put it in the flow chart.

832
00:48:17.000 --> 00:48:20.000
Sit down with the IP attorney. Let them do the analysis.

833
00:48:20.000 --> 00:48:27.000
Because that analysis is so important to understand all aspects of the method.

834
00:48:27.000 --> 00:48:31.000
And there may be something protectable in the method. You just need to do the analysis.

835
00:48:31.000 --> 00:48:35.000
That's really what they're going to end up doing.

836
00:48:35.000 --> 00:48:38.000
So if you can do that step for them, you're going to save a lot of time and money.

837
00:48:38.000 --> 00:48:42.000
Okay? Awesome.

838
00:48:42.000 --> 00:48:46.000
Peter, I have a quick question about what Crystal was asking about in level two.

839
00:48:46.000 --> 00:48:50.000
Because, you know, people are, I see stuff, of course, in 100x all the time.

840
00:48:50.000 --> 00:48:53.000
People just spitting out their ideas, posting stuff.

841
00:48:53.000 --> 00:48:59.000
I see artwork and I'm like, even before I took the challenge, I'm like, stop. Don't.

842
00:48:59.000 --> 00:49:07.000
But now that in level two, like with these speeches and stuff, that also becomes a concern then, right?

843
00:49:08.000 --> 00:49:15.000
Because what you said in the challenge, you said wasn't even clear how to answer of like, well, now who owns this recording of this?

844
00:49:15.000 --> 00:49:21.000
Like, technically, Facebook would own it because it's part of either it's been streamed onto the Facebook.

845
00:49:21.000 --> 00:49:23.000
Right.

846
00:49:23.000 --> 00:49:28.000
Pedro owns it. So it's kind of like forever.

847
00:49:28.000 --> 00:49:34.000
I know people are just practicing with stuff, but it raises some concerns if they haven't.

848
00:49:34.000 --> 00:49:44.000
I mean, Crystal's thinking through how to do this, but so many people are just like, I'm just going to give you my practice speech and here, tell you all the things that I do and the names and the, and I'm like.

849
00:49:44.000 --> 00:49:49.000
Yeah. Now you understand a portion of why I'm doing this.

850
00:49:49.000 --> 00:49:55.000
See, if you, if you, you have to balance everything, Jennifer. Okay.

851
00:49:55.000 --> 00:49:59.000
So 100x is a tremendous resource.

852
00:50:00.000 --> 00:50:02.000
It's just an incredible resource.

853
00:50:02.000 --> 00:50:04.480
And it provides a forum to receive feedback

854
00:50:04.480 --> 00:50:06.900
from other individuals, which is very unique.

855
00:50:08.280 --> 00:50:12.840
The majority, if not should majority is Christian, right?

856
00:50:12.840 --> 00:50:14.780
Individuals who love the Lord.

857
00:50:14.780 --> 00:50:18.040
So God permitting, they won't take the stuff,

858
00:50:18.040 --> 00:50:20.840
steal the stuff, do any of that stuff, right?

859
00:50:20.840 --> 00:50:22.520
That's the hope, right?

860
00:50:22.520 --> 00:50:23.940
So, but you have to do a balance.

861
00:50:23.940 --> 00:50:28.000
You have to say, okay, what is the value that I gain

862
00:50:28.040 --> 00:50:32.560
in talking about this and getting feedback

863
00:50:32.560 --> 00:50:35.880
from other individuals so as to refine it

864
00:50:35.880 --> 00:50:40.840
versus the potential of somebody stealing it,

865
00:50:40.840 --> 00:50:45.320
somebody doing something in a derogatory manner with it,

866
00:50:45.320 --> 00:50:46.760
thinking to themselves, oh my gosh,

867
00:50:46.760 --> 00:50:49.280
that's the best trademark I ever heard of.

868
00:50:49.280 --> 00:50:51.440
I'm gonna go buy the domain name right now,

869
00:50:52.920 --> 00:50:53.760
which has happened.

870
00:50:53.760 --> 00:50:56.580
I mean, we've seen that happen in the environment before.

871
00:50:56.580 --> 00:50:59.020
Somebody mentions a name, boom, it's gone.

872
00:50:59.020 --> 00:51:02.020
You know, Pedro actually spent money for domain names

873
00:51:02.020 --> 00:51:04.820
when other people bought the ones he's talking about.

874
00:51:04.820 --> 00:51:07.460
I mean, how do you do that to your mentor?

875
00:51:07.460 --> 00:51:09.540
I don't even understand how that's possible.

876
00:51:09.540 --> 00:51:12.860
Like, like honor equals favor.

877
00:51:12.860 --> 00:51:16.880
Dishonor, not so good, not so good.

878
00:51:16.880 --> 00:51:19.880
So I don't understand what they were even thinking,

879
00:51:19.880 --> 00:51:22.920
but he ended up spending a chunk of change,

880
00:51:22.920 --> 00:51:27.460
you know, to obtain the domain name from this person.

881
00:51:27.460 --> 00:51:29.560
I mean, and I'm thinking, are you kidding me?

882
00:51:29.560 --> 00:51:32.440
Kick him out 100X or whatever it was, like kick him out.

883
00:51:32.440 --> 00:51:34.560
Like, how could he even think of that?

884
00:51:34.560 --> 00:51:37.640
But anyways, I think what you need to do,

885
00:51:37.640 --> 00:51:40.200
everybody here needs to kind of balance everything.

886
00:51:40.200 --> 00:51:42.340
Everything is a balance, right?

887
00:51:42.340 --> 00:51:43.660
Are you, the big question is,

888
00:51:43.660 --> 00:51:46.240
are you going to violate one of the stat story bars

889
00:51:46.240 --> 00:51:49.600
by talking about something at a top level?

890
00:51:49.600 --> 00:51:51.440
No, I don't see.

891
00:51:51.440 --> 00:51:54.800
I mean, unless you're digging into detail

892
00:51:54.800 --> 00:51:58.160
in your discussion, it's going to be kind of hard.

893
00:51:58.160 --> 00:52:00.120
You're not going to be making an offer for sale.

894
00:52:00.120 --> 00:52:02.500
It's not a publication that's readily available.

895
00:52:02.500 --> 00:52:05.840
So then the question is, is there public use on it?

896
00:52:05.840 --> 00:52:07.960
Is the third party using it for its intended purpose?

897
00:52:07.960 --> 00:52:10.960
Are you enabling somebody to do what you're saying?

898
00:52:10.960 --> 00:52:13.680
That's the area I would be concerned.

899
00:52:13.680 --> 00:52:16.080
I would say, am I describing my process enough

900
00:52:16.080 --> 00:52:18.920
so other people can perform my process

901
00:52:18.920 --> 00:52:20.980
so that now there's a third party performing

902
00:52:21.520 --> 00:52:23.420
what I actually want to own?

903
00:52:23.420 --> 00:52:25.580
If that is the case,

904
00:52:25.580 --> 00:52:28.640
then the way you talk about it should be very top level.

905
00:52:28.640 --> 00:52:32.260
Don't go into details on what's within that flow chart.

906
00:52:32.260 --> 00:52:33.940
Just talk about it at a high level.

907
00:52:33.940 --> 00:52:36.140
There's no reason for you to have to go

908
00:52:36.140 --> 00:52:38.380
into that much detail anyway.

909
00:52:38.380 --> 00:52:40.620
Nobody there is buying it tomorrow.

910
00:52:40.620 --> 00:52:42.700
You're just kind of talking about it.

911
00:52:42.700 --> 00:52:47.620
So this is why whenever somebody is going to a trade show

912
00:52:47.620 --> 00:52:49.460
and we start in three minutes,

913
00:52:49.460 --> 00:52:51.620
so we got to jump off, right?

914
00:52:51.620 --> 00:52:53.480
Seven o'clock, I think we get started.

915
00:52:53.480 --> 00:52:57.300
So this is why when somebody is going to a trade show,

916
00:52:57.300 --> 00:53:00.540
I always say, follow provisional or something before you go

917
00:53:00.540 --> 00:53:02.180
because then you can say anything you want.

918
00:53:02.180 --> 00:53:03.660
You can make any offer for sale.

919
00:53:03.660 --> 00:53:04.560
You can do whatever you want.

920
00:53:04.560 --> 00:53:06.320
Nobody cares.

921
00:53:06.320 --> 00:53:10.060
But I can tell you, I've been in presentations at Dartmouth,

922
00:53:10.060 --> 00:53:13.340
MIT, and other places where I've been explaining

923
00:53:13.340 --> 00:53:17.140
these concepts and people have gotten up out of their chairs

924
00:53:17.140 --> 00:53:21.260
and left the room immediately to stop people

925
00:53:21.260 --> 00:53:25.500
from making their thesis publicly available

926
00:53:25.500 --> 00:53:27.820
in the library, right?

927
00:53:27.820 --> 00:53:30.620
So let's say you do talk about your invention in detail.

928
00:53:30.620 --> 00:53:33.580
Well, that video is now readily available to the public

929
00:53:33.580 --> 00:53:37.060
because it's stored on Facebook.

930
00:53:37.060 --> 00:53:38.540
So what does all this mean?

931
00:53:38.540 --> 00:53:41.860
It just means talk about things at a top level.

932
00:53:41.860 --> 00:53:44.060
Don't talk about the bicycle

933
00:53:44.060 --> 00:53:45.300
as having at least two wheels

934
00:53:45.300 --> 00:53:47.660
rotatively connected to a center mass

935
00:53:47.660 --> 00:53:50.260
with a chain that's connected to two pedals

936
00:53:50.260 --> 00:53:53.740
with a braking system that's connected to a steering wheel,

937
00:53:53.740 --> 00:53:56.060
which is connected to a front wheel.

938
00:53:56.060 --> 00:53:56.900
Don't say that.

939
00:53:56.900 --> 00:54:00.740
Just say, I'd like to talk to you all about a device

940
00:54:00.740 --> 00:54:03.220
that you can sit on and get from a point A to point B

941
00:54:03.220 --> 00:54:04.980
by using your legs.

942
00:54:04.980 --> 00:54:05.820
That's it.

943
00:54:06.780 --> 00:54:08.860
Because you're not going to be able to own that.

944
00:54:08.860 --> 00:54:10.500
I mean, that general concept, right?

945
00:54:10.500 --> 00:54:12.540
Fred Flintstone was doing that in a cartoon

946
00:54:12.540 --> 00:54:13.660
way back in the day, right?

947
00:54:13.660 --> 00:54:16.340
He was using his legs on those big, you know,

948
00:54:16.340 --> 00:54:18.100
rotative things, yabba-dabba-doo.

949
00:54:18.100 --> 00:54:21.180
And so, you know, that's all you disclose,

950
00:54:21.180 --> 00:54:22.580
yabba-dabba-doo, that's it.

951
00:54:22.580 --> 00:54:26.340
So I wouldn't worry too much about that,

952
00:54:26.340 --> 00:54:30.980
but don't go into that intricate detail in the discussion.

953
00:54:30.980 --> 00:54:34.380
Talk about, you know, I've got a great new cookie has,

954
00:54:34.380 --> 00:54:36.420
or I've got a great new sandwich cookie thing.

955
00:54:36.420 --> 00:54:37.260
It's really awesome.

956
00:54:37.260 --> 00:54:38.460
There's sweetness on the inside

957
00:54:38.460 --> 00:54:41.420
and two things on the outside that are kind of like wafers,

958
00:54:41.420 --> 00:54:43.340
but don't say the inside is sweet.

959
00:54:44.020 --> 00:54:45.060
The top is chocolate.

960
00:54:45.060 --> 00:54:46.180
The bottom's chocolate.

961
00:54:46.180 --> 00:54:47.020
It has this.

962
00:54:47.020 --> 00:54:48.420
Don't do that.

963
00:54:48.420 --> 00:54:50.340
Top level, keep it top level.

964
00:54:50.340 --> 00:54:54.820
You all here have a headstart over everyone,

965
00:54:54.820 --> 00:54:58.300
because now you know how to discuss your ideas,

966
00:54:58.300 --> 00:54:59.940
how to discuss, you know,

967
00:55:00.000 --> 00:55:04.320
we're going to be walking into, you know, the God idea challenge within a week.

968
00:55:05.760 --> 00:55:09.320
You'll be able to talk about things at a top level because you know how to do it.

969
00:55:10.400 --> 00:55:14.160
Other people don't. And that's, that's the concern. How can we,

970
00:55:14.600 --> 00:55:19.000
how can we teach them, train them, help them so that they're not saying, Hey,

971
00:55:19.000 --> 00:55:23.360
I just came out with a brand new trademark. It's called Trishita,

972
00:55:23.800 --> 00:55:28.120
you know, and people are like, Oh my gosh, that's awesome. Let me go buy it.

973
00:55:28.840 --> 00:55:34.000
It's like, don't do that. Like get that TM on there,

974
00:55:34.040 --> 00:55:37.680
do something before you go and disclose it. Um,

975
00:55:38.840 --> 00:55:40.920
my intent is not to make you paranoid.

976
00:55:41.360 --> 00:55:43.880
My intent is to make you informed so you know what to do.

977
00:55:44.400 --> 00:55:47.320
There's a difference between the two. Okay.

978
00:55:49.040 --> 00:55:52.200
All right. My friend, that is seven o'clock. It's seven o'clock. All right.

979
00:55:52.200 --> 00:55:52.560
And with that,

980
00:55:52.560 --> 00:55:56.800
we're going to close because I want to get over there and, uh, you do as well.

981
00:55:57.160 --> 00:56:00.280
Hopefully this blesses you. Hopefully you understand things better now.

982
00:56:00.800 --> 00:56:04.360
Does that help? Yeah. Okay. Don't, I wouldn't be paranoid. Just,

983
00:56:04.400 --> 00:56:07.760
just talk at a top level. Just bring it up a level.

984
00:56:08.640 --> 00:56:11.360
Just, just think about from what I'm saying.

985
00:56:11.360 --> 00:56:14.960
Can somebody practice my invention? If the answer is yes, don't say it.

986
00:56:16.600 --> 00:56:21.280
Talk about at a high level so they can't practice it. Just talk about always top.

987
00:56:21.640 --> 00:56:24.680
Okay. You're going to learn more as we go in the portal.

988
00:56:24.680 --> 00:56:27.000
You're going to get this more because we'll be hitting this over and over

989
00:56:27.720 --> 00:56:31.560
everyone. Take care. All right. You're so welcome. Bless you.

990
00:56:32.240 --> 00:56:33.080
Thanks.

991
00:56:34.600 --> 00:56:35.560
See you Wednesday.