WEBVTT

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Good to see everybody today. Welcome, welcome, welcome. Who's ready? Who has got day five

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on your mind? Day five, ready for the last download. Actually,

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not true. There's gonna be a bonus day. You asked for it.

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The crowds have spoken and Peter's replied. So as you're

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all getting in, I am gonna run the video.

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I didn't realize that there was, you know, the state registration. I've done that. And

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then you got the state trademark registration and then the federal registration and that

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there were all these different levels and how important it is to make sure that you

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are protecting your idea at all of the different levels and just not to mess around with staying

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small that's like just go right for the federal level. Everything is online. It's not like

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you're not going to be doing business across the whole country. And of course, we have

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a lot of Canadians here. So and a lot of that goes across the country lines as well. So

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that was super helpful. I think for me, it's the strategic planning

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that how long is it really going to take for you? You can put your application in, but

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how long will it take you to actually get it approved? And then if you make a mess up

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how you know, the setback in time and lost opportunity money that that really could cost

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you. I have learned so much about how to protect

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myself and I am just, you know, just on cloud nine. So thank you.

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So I came in knowing pretty much nothing like, I don't even know what's the difference between

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a trademark and a copyright. And then last night I was able to actually walk somebody

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through the USPTO website and go, here's what you would need if you wanted to trademark

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what you're trying to trademark. And here's how you would do your recitation of goods

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and services. Like I was able to walk her through the thing. It was cool. We were like

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looking up the classes and like the international classes for her stuff. And it was really,

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it was really cool. I was like, I actually learned something this week.

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One of the things I appreciate the most, I took like pages of notes on. It's just the

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wisdom that he gave, the advice that he gave, that you can just tell he knows and he's a

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pro, but it goes beyond just his knowledge of the type of job that he does. But just

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insight in so many different areas was incredibly helpful. And we're just really grateful that

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we now have a plan to move forward, like you said, but we are grateful for his time. It

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was truly a blessing to be able to sit with him and share our story and find out some

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things we're doing wrong and how to fix them.

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If you need some help, boy, Peter is the man to go to. And hopefully you guys can take

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advantage of what he's offering. And guys, it'll be good. It'll help you and quickly

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as well.

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Yes. And we're so grateful, Peter. Thank you.

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I really appreciated this challenge because the guys I work with, the course creators

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and I could build websites. So always people are wondering about protecting their content

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and just going through it with Peter is just meant that even today when I was talking to

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a client, I was able to just share things that I'd learned just yesterday. It was like

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so exciting. It's so exciting because it's like, oh, I can help you with that just a

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little bit more than before. So yes, the way everything has been structured has helped

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me personally navigate this whole realm with so much more clarity.

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All of the creative things that I've done has always been around trademark copyright.

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And I've had this like very tangible fear and anxiety around trademarks, copyrights.

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And it's because of all the legal jargon and spending so much money doing it wrong has

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been the fear. And I have an inordinate amount of attorneys in my life. So just getting friendly

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advice, literal friendly advice, right. And from my friends have encouraged me throughout

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the years, but it didn't put me into action until now, right?

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By side, step-by-step, click-by-click,

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trademark application in the VIP, life-changing.

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Like it slayed a giant for me

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that has been looming over my head,

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intimidating me for a long time.

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And that giant is dead and slayed.

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Hey, I'm Bruce.

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I just wanna give a quick shout out to my friend, Peter.

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Peter jumped on a call with me last night

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and in 30 minutes, totally fixed our entire landing page

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from a legal perspective.

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We had used some trademark logos.

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We had used some trademark phrases

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promoting a particular challenge we had coming up next week

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and just got off a call, Peter jumped on.

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We basically went top to bottom through the page

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and I just fixed it in real time as he gave suggestions

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and it was super helpful.

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So I'm glad we dodged that bullet

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that we're not gonna get in trouble

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for using any trademark language or logos in our page,

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but highly recommend it.

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If you get a chance to work with Peter,

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definitely recommend Coach Mary.

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We are gonna stop the share there.

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What I love to hear, welcome everyone.

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Welcome to day five of the Protect Your Idea Challenge.

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It's Friday, Friday, Friday, Saturday for Libby down under.

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She's waking at the pre-crack of dawn.

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Extra kudos to her as well.

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So good to see everybody.

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And while we have just a couple minutes,

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take a moment if you would, please.

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How great is this challenge?

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Please fill up the chat with your impressions,

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how wonderful this is, how valuable the content is,

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and raise your hand if you've got a golden nugget,

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another takeaway, wow moment from any of the last four days,

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regular VIP, what is gonna be,

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when you're top, never forget,

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writer downers, golden nuggets.

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Use the chat, raise your hand if you'd like to speak.

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We wanna hear from you.

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Has anybody made any progress?

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Okay, Krista.

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You need me to unmute.

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Okay, so this is just yesterday specifically

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with the patenting was actually huge for me.

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I've said in my lives,

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I've submitted a patent back in September,

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like been two years into it.

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And I've learned more in this challenge

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for the last five days or four days now

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than I have working two years with my lawyer,

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which is ridiculous, right?

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You know, $8,000 later.

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But one thing that I can tell you

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that what taught me yesterday was

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I hadn't searched the back patent office

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for if what I even patented was infringing on anything.

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Okay, I didn't even know that jargon just so that you know.

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And I had two friends that had gone to that site

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two years ago and they were like,

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there's over 3,000 patents we'd have to weed through.

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But they didn't know what they were doing.

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One of my friends is a lawyer,

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but she's not a patent attorney.

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So she has, this isn't her field.

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So she had no idea how to get on that website and search.

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And so when Peter specifically said,

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here's where it's at, put this in that area.

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I got on yesterday and I did that

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and felt a release to do that.

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And there's like 30 patents

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that I narrowed my search down to.

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And I was like, 30 patents, oh my gosh.

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Like I thought there was like 3,000

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and I was able to go through

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and just see that nothing touches what I filed.

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Nothing was even in the realm of what I was doing.

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So I feel like that was a huge win.

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I'm like, oh Lord.

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And I already knew,

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because I was okay with filing

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and not having it to go through

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just out of obedience to what I was asking me to do.

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But how good is he?

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Like, wow.

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So that's my huge like, so that's it.

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Oh, good.

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Thank you for sharing it.

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Let's applaud Krista for jumping into that USPTO website.

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And let's hear from John.

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No shenanigans, John.

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Learn my lesson.

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So the big thing, big takeaway was this,

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that there's certainty, okay?

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And this really dovetails on...

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For those of us who are in level two and 100x,

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there's a lady that came on and she just really wasn't clear.

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There were so many unanswered questions

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that she didn't even know who she was serving.

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But I mean, her message, the products and what happened was

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Peter just said, just you need to you need to have less

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question marks in your life.

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And what Peter's done here is remove the question marks

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or the uncertainties or the unknowns, right?

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Sometimes the unknown is the scariest part

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because it's unknown.

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But now there's a known, there's a commodity,

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there's a certainty that any questions I had

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with intellectual property, trademarks, copywriting,

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I know enough to just be dangerous, right?

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So that I can get to the point where I can take all that

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to somebody who's skilled in doing that.

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And so that's my big takeaway from all of this

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is there's a level of uncertainty that has been removed.

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And I think all of us are gonna benefit from that

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because now we can move forward with confidence.

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And so thank you, Peter, for giving us confidence.

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So good.

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Lynn, unmute yourself and I'm gonna give you the highlight.

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Hey family.

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I have a really good friend who had an invention

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a few years back and she did a lot of research.

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She ended up going with some attorney online

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and it was a horrible experience.

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I don't remember how much she spent

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but I just felt dissuaded to even pursue my God ideas

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because I'm like, I don't need that aggravation.

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I don't need to waste my money.

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And it was just the first day of the challenge,

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not let alone the VIP that Peter

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just walked us through everything.

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And I'm like, oh my gosh, I would have paid more.

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Don't tell him.

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But it was so, just so informing.

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And just like everybody else has said,

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he does step-by-step and the clarity

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that we receive, whether it's live or in the replay

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is just, it's invaluable.

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I'm just, I'm very, very grateful for his knowledge

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and for his obedience and heart of sharing and giving.

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So, and thanks for leading too, Larissa.

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My pleasure.

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Thank you.

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Kim, did you wanna share or was that just a random unmute?

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No, yes.

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Okay.

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Libby, you've got your hand up, unmute

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and I'll give you the spotlight.

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Apologies.

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Let's look closely.

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Good morning, everyone.

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I'm here, look.

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Thank you for your prayers yesterday.

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Hallelujah.

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The lower back is just, I could actually feel it.

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I was lying there yesterday,

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that wow, there's something going on.

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It's starting to feel a bit better.

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It's starting to feel a bit better.

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And yeah, so thank you.

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Yes.

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You don't realize what life is like

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until your back's locked up and you can't move.

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So, or the only movement that you can do

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is either to walk really slowly or lie straight flat.

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So yeah, so that's, thank you guys for your prayers.

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Really appreciate it.

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But my new and good regarding Peter

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is just going through these past four days so far,

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looking forward to today,

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has unraveled all that spaghetti,

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spaghetti of legal jargon.

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And the way he unpacks it,

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makes it realize it's just words

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that have been put together to form a pattern,

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a trademark, a copyright, a trade secret, et cetera.

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And he's unpacked it in such a way

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that makes it really clear where each bit goes.

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And then also with some of the questions people have asked

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where it's a little bit murky,

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like you'd really need to get legal advice

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and follow through with a lawyer to unravel that bit.

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So there's so much more that I can do for myself

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and for others, if I'm ever in that position,

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that I can see that this is going to save me.

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I think I put it in a poster legacy really,

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because if you go the wrong way,

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it's going to cost you everything.

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So thank you, Peter.

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Thank you so much.

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Unbelievable content and his heart

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and everything that he puts into it.

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It's seriously guys, as you-

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You know, I've been waking up before for every day.

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Today was a struggle.

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I will admit

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to be up, to be here, to be live every day.

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It is totally, completely worth every lost second of sleep.

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Amen.

252
00:15:17.880 --> 00:15:19.320
Bless you, bless you.

253
00:15:19.320 --> 00:15:23.120
Because I have a appreciation of how much that,

254
00:15:23.320 --> 00:15:26.920
you know, she's doing to put this together to support Peter.

255
00:15:26.920 --> 00:15:29.280
And, you know, and I think

256
00:15:30.400 --> 00:15:33.240
some of you guys can light up the chat with that for Larissa.

257
00:15:33.240 --> 00:15:37.160
I mean, honestly, Larissa, I think, has done an incredible job here.

258
00:15:37.560 --> 00:15:40.240
Just thank you so much for your commitment, Larissa.

259
00:15:40.240 --> 00:15:42.120
And you're just your incredible demeanor.

260
00:15:42.120 --> 00:15:44.480
And you've done an incredible job with all this.

261
00:15:45.000 --> 00:15:48.000
And just for all of you, I mean, I just want to celebrate all of you.

262
00:15:48.000 --> 00:15:50.000
I know this has been a time commitment for everyone.

263
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I mean, obviously you've invested into this, but I see some alumni here.

264
00:15:54.320 --> 00:15:55.640
Oh, my gosh.

265
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There's some alumni here, too.

266
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There's Todd and Tamara and some others.

267
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Praise God.

268
00:16:01.120 --> 00:16:05.160
This is really a family like this is, you know, you've got members.

269
00:16:05.360 --> 00:16:06.760
A lot of us know each other here.

270
00:16:06.760 --> 00:16:07.880
And there's some others that are new.

271
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Welcome to the family.

272
00:16:09.600 --> 00:16:13.200
But this is a when you're dealing with idea of protection.

273
00:16:13.200 --> 00:16:15.400
This is a very unique area of the law.

274
00:16:15.400 --> 00:16:18.440
There's not a lot of people that do this kind of stuff and

275
00:16:19.200 --> 00:16:22.200
and don't confuse the world, quite frankly, because most of the people

276
00:16:22.200 --> 00:16:26.760
that I know, you talk to them about this stuff and it's just like you.

277
00:16:27.640 --> 00:16:29.960
It's very difficult to kind of follow.

278
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And so I just my my heart on this was really to equip you,

279
00:16:34.000 --> 00:16:37.800
because like I said, from day one, when I was ready to get started

280
00:16:37.800 --> 00:16:41.240
and I heard the word pioneers out loud, very clear.

281
00:16:41.880 --> 00:16:44.640
I knew the caliber of the people I was going to be working with.

282
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And I had to make sure that I equipped you properly.

283
00:16:47.640 --> 00:16:50.480
That's why I've been you know, some of you have been sending me the emails

284
00:16:50.480 --> 00:16:53.080
and saying, you know, you could have done less.

285
00:16:53.080 --> 00:16:54.600
You know, thank you so much.

286
00:16:54.600 --> 00:16:57.080
But, you know, dude, really?

287
00:16:57.080 --> 00:16:59.160
Like I was like, yeah, really, you guys are worth it.

288
00:16:59.640 --> 00:17:03.640
So and with that, I also received additional emails saying,

289
00:17:03.640 --> 00:17:04.760
is there going to be a bonus day?

290
00:17:04.760 --> 00:17:05.720
Is there going to be a bonus day?

291
00:17:05.720 --> 00:17:07.200
Is there going to be a bonus day?

292
00:17:07.200 --> 00:17:09.319
So, yes, there will be a bonus day.

293
00:17:09.319 --> 00:17:14.440
So tomorrow, Saturday at 12 o'clock, I'm just going to give you a bonus day.

294
00:17:14.440 --> 00:17:16.480
We're just going to kind of wrap up a few things.

295
00:17:16.839 --> 00:17:20.160
One thing in particular that somebody asked, which I thought was brilliant.

296
00:17:20.160 --> 00:17:22.280
I mean, all of you ask great questions.

297
00:17:22.280 --> 00:17:25.960
One thing in particular, somebody sent me a communication

298
00:17:26.480 --> 00:17:28.680
saying, how do you search logos?

299
00:17:29.960 --> 00:17:32.400
Because logos don't actually have words.

300
00:17:32.400 --> 00:17:33.920
So how do you search logos?

301
00:17:33.920 --> 00:17:36.280
There's a way to search trademark logos.

302
00:17:36.720 --> 00:17:38.560
Tomorrow, I'm going to start out with that.

303
00:17:38.560 --> 00:17:39.720
I'm going to teach you how to do that.

304
00:17:39.720 --> 00:17:43.600
There's a secret to it that people get wrong all the time.

305
00:17:44.160 --> 00:17:47.480
And I mean, all the time, like they do it wrong and then they get into trouble.

306
00:17:47.480 --> 00:17:51.680
I'm going to show you a back end way to search logos.

307
00:17:51.680 --> 00:17:54.640
I'll show you exactly the sequence step by step.

308
00:17:54.640 --> 00:17:56.640
OK, so we'll do that tomorrow.

309
00:17:56.640 --> 00:17:59.960
And for those of you that can't make the bonus day, don't worry.

310
00:17:59.960 --> 00:18:02.600
I'll put the video in the Facebook group.

311
00:18:02.600 --> 00:18:06.600
I'm putting the I'm doing the bonus day for you, honestly, because you requested

312
00:18:07.240 --> 00:18:09.800
because I think you've you've got more than enough already.

313
00:18:09.800 --> 00:18:13.840
But I figured since you asked for it, I'm going to give it to you anyway.

314
00:18:14.160 --> 00:18:18.600
Um, by now, you should have all of the videos.

315
00:18:18.720 --> 00:18:20.600
All of the videos have been uploaded.

316
00:18:20.600 --> 00:18:23.560
All of the text chat files have been uploaded.

317
00:18:23.560 --> 00:18:26.280
If you're in VIP, it's been emailed to you.

318
00:18:26.560 --> 00:18:30.200
You've got day one, two, three and four has already been sent to you.

319
00:18:31.080 --> 00:18:34.200
If you signed up for VIP late in the game

320
00:18:34.840 --> 00:18:37.400
and you were not so you weren't on the original list,

321
00:18:37.400 --> 00:18:40.240
I've been updating the list literally every single day.

322
00:18:40.640 --> 00:18:44.000
We literally had some two people sign up for VIP yesterday.

323
00:18:44.440 --> 00:18:46.960
So so we added you to the list.

324
00:18:47.320 --> 00:18:50.920
But if you are on VIP and you didn't get that email, just DM

325
00:18:50.920 --> 00:18:56.080
either Larissa or myself and we'll get you the email.

326
00:18:56.080 --> 00:18:58.440
Don't worry. Just be here.

327
00:18:58.440 --> 00:19:01.640
Be here and just just absorb the materials coming to you.

328
00:19:01.640 --> 00:19:03.080
You're going to get the recordings.

329
00:19:03.080 --> 00:19:06.560
If you're in the challenge, you get the recordings for 30 days.

330
00:19:07.120 --> 00:19:08.360
Then they're shut down.

331
00:19:08.400 --> 00:19:10.920
If you're in VIP, you get them for 90 days.

332
00:19:11.640 --> 00:19:13.400
Then they're shut down.

333
00:19:13.400 --> 00:19:17.960
Now, if you're in the protection portal, you get them for the whole year.

334
00:19:18.520 --> 00:19:22.480
OK, now with that, I just want to take a moment before we jump into

335
00:19:23.080 --> 00:19:26.600
three topics that I think are very important in the patent arena

336
00:19:27.240 --> 00:19:28.920
that I think you need to understand.

337
00:19:28.920 --> 00:19:31.400
And then I'm going to kind of summarize everything for you.

338
00:19:33.320 --> 00:19:35.360
Let's talk a little bit about the protection portal.

339
00:19:36.120 --> 00:19:40.640
So the protection portal is like VIP, but it's more than VIP,

340
00:19:40.640 --> 00:19:44.160
because some some people were saying, yeah, I like VIP.

341
00:19:44.160 --> 00:19:45.160
That's what I want to do.

342
00:19:45.160 --> 00:19:48.280
I just want you to understand that the differences between a protection portal

343
00:19:48.280 --> 00:19:52.280
and and the and then I'm going to let Todd and Tamara speak

344
00:19:52.280 --> 00:19:53.440
because they're amazing.

345
00:19:53.440 --> 00:19:56.240
They're in the protection portal already.

346
00:19:56.240 --> 00:19:58.440
And I think Miss is here, too.

347
00:19:58.440 --> 00:19:59.960
She's in the in the protection.

348
00:20:00.000 --> 00:20:04.920
portal. So in the protection portal, not only do you have a

349
00:20:04.920 --> 00:20:08.340
similar experience to the VIP, but you get to email beforehand,

350
00:20:09.080 --> 00:20:13.300
my resources are at your disposal. So that means you run

351
00:20:13.300 --> 00:20:17.520
into legal issues in Germany, I give you my agents, you know,

352
00:20:17.520 --> 00:20:21.280
you're looking for a specific individual has some legal

353
00:20:21.280 --> 00:20:24.020
experience in another area, I give you my contacts. So you'll

354
00:20:24.020 --> 00:20:29.040
get that. Separate from that, I put a lot of additional

355
00:20:29.040 --> 00:20:32.280
resources in not only in the portal, but separate from that

356
00:20:32.280 --> 00:20:35.400
you get them emailed directly to you. So it's it's a different

357
00:20:35.400 --> 00:20:38.400
it's kind of it's like VIP, but it's kind of like VIP on

358
00:20:38.400 --> 00:20:42.440
adrenaline. Let's just put it that way. And it's very family

359
00:20:42.440 --> 00:20:45.160
oriented. Everybody knows each other. And so we try to help

360
00:20:45.160 --> 00:20:49.740
each other out in the portal. And with that, Todd and Tamara,

361
00:20:49.740 --> 00:20:52.400
can I unmute you? Maybe you can just kind of give your own

362
00:20:52.980 --> 00:20:56.860
experience in with the protection portal just for a

363
00:20:56.860 --> 00:21:00.220
minute. And thank you so much for joining. Just love you guys

364
00:21:00.260 --> 00:21:03.140
and what you're doing with your own challenges. Just amazing.

365
00:21:03.620 --> 00:21:04.140
Great.

366
00:21:05.140 --> 00:21:07.640
Yeah, thank you so much. Yeah, thanks for inviting us. This is

367
00:21:07.640 --> 00:21:11.100
great. We love you too. You're amazing. You're awesome.

368
00:21:11.620 --> 00:21:16.580
You go way beyond, way beyond anything we could ever imagine.

369
00:21:16.780 --> 00:21:20.100
But thank you so much. We've really, really enjoyed the

370
00:21:20.100 --> 00:21:23.260
challenge. We've enjoyed the protection portal. We're getting

371
00:21:23.260 --> 00:21:26.820
so much out of it. We loved our one on one and really that

372
00:21:26.820 --> 00:21:30.220
helped unlock a lot of things and help us move forward in

373
00:21:30.220 --> 00:21:35.420
this. This month, we're running another challenge next week. It

374
00:21:35.420 --> 00:21:41.260
allowed us to create some business assets. And there's so

375
00:21:41.260 --> 00:21:44.700
much to do to get things in place. And we have more more to

376
00:21:44.700 --> 00:21:45.940
go. We need to hire somebody.

377
00:21:48.460 --> 00:21:51.660
Just from what we learned when we took, because we were in your

378
00:21:51.660 --> 00:21:55.340
first challenge. But in taking that challenge, and we have now

379
00:21:55.340 --> 00:21:58.900
gone through and trademarked everything. I've got copyright

380
00:21:58.900 --> 00:22:03.020
all over everything. We're just, you know, we're just covering

381
00:22:03.020 --> 00:22:03.780
our assets.

382
00:22:04.940 --> 00:22:07.700
Website tuned up with everything as well.

383
00:22:07.740 --> 00:22:11.860
Yeah, workbooks that we're doing are now marked correctly. So it's

384
00:22:11.860 --> 00:22:15.380
just a beautiful thing when you offer Peter, just a basic

385
00:22:15.380 --> 00:22:19.540
knowledge of what we need to run business, a successful business

386
00:22:19.540 --> 00:22:24.100
that's protected legally, is huge. We talk about this all the

387
00:22:24.100 --> 00:22:27.820
time in our, in our group that we mentor, you know, some of our

388
00:22:27.900 --> 00:22:30.460
people are in here. So we're super excited to see that.

389
00:22:30.460 --> 00:22:33.980
So we coach and mentor nonprofit leaders, Christian nonprofit

390
00:22:33.980 --> 00:22:35.980
leaders, we have a lot of fun with that. And we see some of

391
00:22:35.980 --> 00:22:38.460
you in here. And you guys are awesome. I'm glad you're taking

392
00:22:38.820 --> 00:22:41.820
advantage of this training. This is amazing.

393
00:22:42.220 --> 00:22:44.580
With regard to that, in particular, I have a question

394
00:22:44.580 --> 00:22:47.860
for you, because a lot of the people here are coaches. Like

395
00:22:47.860 --> 00:22:50.380
there's a lot of coaches that are in this group of people that

396
00:22:50.380 --> 00:22:53.580
are responsible for a lot of other individuals. Can you take

397
00:22:53.580 --> 00:22:57.260
just a minute and explain with regard to the protection portal?

398
00:22:57.780 --> 00:23:01.620
Are you taking the issues of your people and presenting them

399
00:23:01.660 --> 00:23:05.020
in the portal to get you the feedback that you need? So not

400
00:23:05.020 --> 00:23:07.820
only can you take care of them well, but they in fact, will be

401
00:23:07.820 --> 00:23:10.860
equipped well, to take care of the people that they take care

402
00:23:10.860 --> 00:23:13.780
of. So maybe you could talk a little bit about that for a

403
00:23:13.780 --> 00:23:14.780
minute. Yeah.

404
00:23:15.180 --> 00:23:18.020
Yeah, absolutely. One of the beautiful benefits of being in

405
00:23:18.020 --> 00:23:21.900
the protection portal is access to you, Peter. So we've got

406
00:23:21.900 --> 00:23:26.740
people in this challenge with you now, because of what you got

407
00:23:26.740 --> 00:23:30.620
to bring to our people, just in the basic education knowledge

408
00:23:30.620 --> 00:23:33.780
that they needed to have to even know how to move forward to

409
00:23:33.780 --> 00:23:37.380
protect their ministries, and their nonprofits that they

410
00:23:37.380 --> 00:23:42.380
started. So it's invaluable. What you offer in the ripple

411
00:23:42.380 --> 00:23:46.260
effect of what you offer is huge. So we've heard back from

412
00:23:46.260 --> 00:23:49.020
some of our people who are in this challenge with you, and

413
00:23:49.020 --> 00:23:53.020
they are so excited, so thrilled, so grateful and

414
00:23:53.020 --> 00:23:58.540
thankful that yeah, we can't speak highly enough of how you

415
00:23:58.540 --> 00:24:01.580
being available to us through the protection portal has

416
00:24:01.580 --> 00:24:06.420
blessed our who, the people we serve. And then by ripple

417
00:24:06.420 --> 00:24:09.340
effect, the people they serve. So we're excited about that.

418
00:24:09.340 --> 00:24:10.020
Thank you.

419
00:24:10.380 --> 00:24:13.500
Thank you so much. Yeah, just so people know, I'm not doing this

420
00:24:13.500 --> 00:24:16.340
to try to get accolades. The reason why I'm doing this is I

421
00:24:16.340 --> 00:24:19.740
want you to understand that in the protection portal, you don't

422
00:24:19.740 --> 00:24:22.500
just have to bring you don't, you're not limited to your own

423
00:24:22.500 --> 00:24:26.820
situations. You can actually bring your client situations in

424
00:24:26.820 --> 00:24:29.900
and don't feel bad about it. Because I've in the protection

425
00:24:29.900 --> 00:24:32.780
portal, I've gotten many emails where people are saying, Is it

426
00:24:32.780 --> 00:24:36.100
okay that I asked you this? It's not my situation, my clients

427
00:24:36.100 --> 00:24:39.580
running into this, my clients run into that, what do I do? And

428
00:24:39.580 --> 00:24:42.980
so by all means, yes, if you're in there, I don't care. I

429
00:24:43.020 --> 00:24:47.100
really don't, it's your time. The only thing I ask is, one

430
00:24:47.100 --> 00:24:50.460
other question that people ask is if they have a partner, can

431
00:24:50.460 --> 00:24:53.660
the partner be in the protection portal as well? All right,

432
00:24:53.660 --> 00:24:56.620
that's the one question I get. And the other thing is, if they

433
00:24:56.620 --> 00:24:58.860
have an administrative assistant or a secretary or

434
00:24:58.860 --> 00:24:59.700
paralegal,

435
00:25:00.000 --> 00:25:01.900
Can the paralegal be in the portal as well?

436
00:25:01.900 --> 00:25:04.360
So the answer to all of that is yes.

437
00:25:04.360 --> 00:25:06.580
Okay, but there's one requirement.

438
00:25:06.580 --> 00:25:08.840
If you do that, what I don't allow,

439
00:25:08.840 --> 00:25:11.280
and Todd and Tamara and others can attest to this,

440
00:25:11.280 --> 00:25:14.560
I don't allow doubling up on your questions

441
00:25:14.560 --> 00:25:16.520
in a single session.

442
00:25:16.520 --> 00:25:18.440
The reason why is because it's not honoring

443
00:25:18.440 --> 00:25:20.000
to all the other people.

444
00:25:20.000 --> 00:25:23.360
So if you have yourself, your paralegal and your assistant,

445
00:25:23.360 --> 00:25:25.320
and so your paralegal is asking the first question,

446
00:25:25.320 --> 00:25:26.760
your assistant asking the second one,

447
00:25:26.760 --> 00:25:28.780
and your partner is asking the third,

448
00:25:28.780 --> 00:25:30.460
we haven't gotten to anybody else yet.

449
00:25:30.460 --> 00:25:33.860
And it's hard for me to monitor that in real time.

450
00:25:33.860 --> 00:25:35.860
So I just ask that you would honor that.

451
00:25:35.860 --> 00:25:38.480
If you're gonna have two other people listening,

452
00:25:38.480 --> 00:25:39.320
I don't care.

453
00:25:39.320 --> 00:25:41.300
I wanna make sure you're well-equipped,

454
00:25:41.300 --> 00:25:43.620
but please don't like double and triple up

455
00:25:43.620 --> 00:25:45.540
and tag team in that time,

456
00:25:45.540 --> 00:25:48.260
because then it stops others from being able to receive.

457
00:25:48.260 --> 00:25:51.500
So thank you so much, both of you.

458
00:25:51.500 --> 00:25:53.540
Just totally honor you, love you guys,

459
00:25:53.540 --> 00:25:55.420
and especially what you're doing,

460
00:25:55.420 --> 00:25:58.620
the way you're doing the incorporation in ministry.

461
00:25:59.460 --> 00:26:00.500
Everybody really needs to know about that.

462
00:26:00.500 --> 00:26:03.500
So I'll definitely be passing your information on as well.

463
00:26:03.500 --> 00:26:04.340
Yeah.

464
00:26:04.340 --> 00:26:05.180
Thank you both.

465
00:26:05.180 --> 00:26:06.000
Thanks Peter.

466
00:26:06.000 --> 00:26:06.840
Absolutely.

467
00:26:06.840 --> 00:26:08.700
I'm just gonna ask for one more.

468
00:26:08.700 --> 00:26:11.180
Yeah, can you guys like type into chat how awesome they are?

469
00:26:11.180 --> 00:26:13.460
Like they are, I just love those two.

470
00:26:13.460 --> 00:26:15.080
If you don't know them in your ministry,

471
00:26:15.080 --> 00:26:17.340
you really need to get to know them.

472
00:26:17.340 --> 00:26:20.140
They just, they have a lot to offer.

473
00:26:20.140 --> 00:26:21.940
And I'm gonna ask for a contribution

474
00:26:21.940 --> 00:26:23.700
from one other person I see here.

475
00:26:23.700 --> 00:26:27.100
Mits, how are you?

476
00:26:27.100 --> 00:26:28.340
Hi, everyone.

477
00:26:28.340 --> 00:26:29.180
Hi, Peter.

478
00:26:29.180 --> 00:26:30.900
It's really great to jump on here.

479
00:26:30.900 --> 00:26:32.580
So thank you for inviting me.

480
00:26:32.580 --> 00:26:33.420
Oh, absolutely.

481
00:26:33.420 --> 00:26:35.900
Your challenge, your last challenge was amazing.

482
00:26:35.900 --> 00:26:36.740
I love that.

483
00:26:36.740 --> 00:26:38.060
That was really good.

484
00:26:38.060 --> 00:26:38.900
Yes.

485
00:26:38.900 --> 00:26:39.980
Thank you so much.

486
00:26:39.980 --> 00:26:42.940
So you've been involved with the,

487
00:26:42.940 --> 00:26:44.180
obviously the earlier challenge,

488
00:26:44.180 --> 00:26:45.780
and then you went into the Protection Portal.

489
00:26:45.780 --> 00:26:47.620
Maybe you can give a little bit of your oversight,

490
00:26:47.620 --> 00:26:49.900
because yours is different from Todd and Tamara's.

491
00:26:49.900 --> 00:26:52.060
So I just wanted to get that kind of contrast.

492
00:26:52.060 --> 00:26:53.500
So go right ahead.

493
00:26:53.500 --> 00:26:54.340
Yeah.

494
00:26:54.340 --> 00:26:56.740
So the thing I love about the Protection Portal

495
00:26:57.380 --> 00:26:59.180
is the challenge is absolutely brilliant.

496
00:26:59.180 --> 00:27:01.060
Like it blew my mind,

497
00:27:01.060 --> 00:27:02.700
but there's always so much more.

498
00:27:02.700 --> 00:27:04.860
There's, you know, so many more nuances

499
00:27:04.860 --> 00:27:07.740
and details for your specific situation.

500
00:27:07.740 --> 00:27:10.740
So it's really valuable having that opportunity

501
00:27:10.740 --> 00:27:12.380
to go deeper with you, Peter.

502
00:27:12.380 --> 00:27:13.420
I've loved it.

503
00:27:13.420 --> 00:27:15.540
And I saw what Debs wrote, you know,

504
00:27:15.540 --> 00:27:18.540
are there questions that you just feel embarrassed

505
00:27:18.540 --> 00:27:20.220
or awkward about sharing?

506
00:27:20.220 --> 00:27:23.460
And the answer is, you don't have to feel like that at all,

507
00:27:23.460 --> 00:27:26.260
because I'm the one who has all the like

508
00:27:26.260 --> 00:27:29.340
really basic questions and a simple mind

509
00:27:29.340 --> 00:27:32.220
trying to wrap my head around how things work,

510
00:27:32.220 --> 00:27:35.660
especially in an industry that is not just black and white,

511
00:27:35.660 --> 00:27:38.420
but there are so many gray areas too.

512
00:27:39.300 --> 00:27:41.100
So you can ask anything.

513
00:27:41.100 --> 00:27:44.420
And like Peter said, it does feel, you know, family,

514
00:27:44.420 --> 00:27:46.260
that we're on this journey together.

515
00:27:47.260 --> 00:27:51.100
And I love what, you know, everyone's been saying so far

516
00:27:51.100 --> 00:27:54.060
that it's not just for your benefit,

517
00:27:54.060 --> 00:27:56.700
but it's been invaluable for the people you work with,

518
00:27:56.700 --> 00:27:58.060
but for the work I do,

519
00:27:58.060 --> 00:28:01.340
it's also the people I collaborate with.

520
00:28:01.340 --> 00:28:03.860
So in this day and age where information

521
00:28:03.860 --> 00:28:06.580
is such a big thing and everyone's a builder, right?

522
00:28:06.580 --> 00:28:09.300
You're all building something.

523
00:28:09.300 --> 00:28:12.300
Like it's good stewardship to not only build,

524
00:28:12.300 --> 00:28:14.580
but to protect.

525
00:28:14.580 --> 00:28:16.660
And I've not had anyone explain it

526
00:28:16.660 --> 00:28:20.380
as well as you have, Peter, with such simplicity.

527
00:28:20.380 --> 00:28:22.300
And I'm actually based in the UK.

528
00:28:22.300 --> 00:28:25.940
So there are nuances to this industry.

529
00:28:25.940 --> 00:28:28.100
And I still jumped in anyway,

530
00:28:28.100 --> 00:28:30.660
because to have an overall understanding

531
00:28:30.660 --> 00:28:34.900
and to know how it works internationally on the world scene

532
00:28:34.900 --> 00:28:36.740
and to have the opportunity

533
00:28:36.740 --> 00:28:41.740
to have your individual situations, you know, tailored to,

534
00:28:41.940 --> 00:28:43.580
is absolutely phenomenal.

535
00:28:43.580 --> 00:28:46.180
And just to start off on the right foot

536
00:28:46.180 --> 00:28:48.260
gives you such peace of mind,

537
00:28:49.100 --> 00:28:50.940
not just for your own business,

538
00:28:50.940 --> 00:28:53.740
but, you know, for the others that you interact with,

539
00:28:53.740 --> 00:28:57.660
it's so valuable and such a thrill as well,

540
00:28:57.660 --> 00:28:59.380
when you'll be able to share.

541
00:29:00.820 --> 00:29:03.580
Who knew IP could be so fun, Peter?

542
00:29:03.580 --> 00:29:04.420
But yeah.

543
00:29:06.420 --> 00:29:07.500
Well, you'll be happy to know

544
00:29:07.500 --> 00:29:08.980
that I'm going to have a special guest

545
00:29:08.980 --> 00:29:10.580
from the United Kingdom for you.

546
00:29:11.580 --> 00:29:12.420
Yes.

547
00:29:12.420 --> 00:29:13.260
So, yeah.

548
00:29:13.260 --> 00:29:14.700
So Mrs. from the United Kingdom,

549
00:29:14.700 --> 00:29:16.380
in case any of you didn't know,

550
00:29:16.380 --> 00:29:20.140
we had a special guest, as you all know, Paula Clancy,

551
00:29:20.140 --> 00:29:21.660
who is from Canada.

552
00:29:21.660 --> 00:29:22.900
Well, we're going to have a special guest

553
00:29:22.900 --> 00:29:24.260
from the United Kingdom

554
00:29:24.260 --> 00:29:26.700
on one of our Protection Portal gatherings

555
00:29:26.700 --> 00:29:28.340
so that they can address some of the issues

556
00:29:28.340 --> 00:29:29.540
in the United Kingdom,

557
00:29:29.540 --> 00:29:30.980
especially because of, you know,

558
00:29:30.980 --> 00:29:34.660
the differences with the EU and the UK and all that.

559
00:29:34.660 --> 00:29:37.580
Big deal, big deal.

560
00:29:37.580 --> 00:29:39.340
And if you don't understand the differences

561
00:29:39.340 --> 00:29:41.780
between the two and that there are separate legal rights,

562
00:29:41.780 --> 00:29:44.060
you can end up in a lot of trouble.

563
00:29:44.060 --> 00:29:44.900
And so we're going to go through that.

564
00:29:45.340 --> 00:29:46.980
Every stage of business too,

565
00:29:46.980 --> 00:29:49.580
even if you're just starting out, you know,

566
00:29:49.580 --> 00:29:51.180
even if you're just getting your first,

567
00:29:51.180 --> 00:29:52.740
for example, website up,

568
00:29:52.740 --> 00:29:55.660
being able to navigate the legal scene,

569
00:29:55.660 --> 00:29:57.020
you know, sets you apart,

570
00:29:57.020 --> 00:30:00.620
but also it's so important in this day and age.

571
00:30:00.000 --> 00:30:07.520
age where ideas are so prevalent and people are working with you know there's so many collaborations

572
00:30:07.520 --> 00:30:14.880
you just need to have a good sense of absolutely safe so absolutely thank you so much for joining

573
00:30:14.880 --> 00:30:21.600
i love the pictures on uh facebook of the university wow that from yesterday that the

574
00:30:21.600 --> 00:30:25.600
architecture associated with that absolutely amazing i'll touch base with you later absolutely

575
00:30:25.600 --> 00:30:31.200
gorgeous yes so bless you both thank you for joining you're welcome to stay obviously if you

576
00:30:31.200 --> 00:30:37.440
want and if uh you're always welcome so i just want to jump into a few things hopefully that

577
00:30:37.440 --> 00:30:43.680
helped to give you a perspective from people that um that run ministry-based services and coach lots

578
00:30:43.680 --> 00:30:48.640
of people and others perspectives uh and we're going to have a little feedback later in this

579
00:30:48.640 --> 00:30:54.480
as well from another individual but i wanted you to see that you know you're allowed to bring your

580
00:30:54.480 --> 00:31:01.120
issues into the forum it doesn't have to be just you okay so with that let's go into the patent

581
00:31:01.120 --> 00:31:07.600
realm a little bit i want to talk about two other areas in the patent realm one that's incredibly

582
00:31:07.600 --> 00:31:17.520
important that will god permitting make your life a lot easier all right the patent world's different

583
00:31:17.520 --> 00:31:24.160
from trademarks copyrights and trade secrets okay in the patent world if you perform a certain

584
00:31:24.160 --> 00:31:31.600
action you can lose all of your rights meaning you cannot file a patent application you cannot

585
00:31:31.600 --> 00:31:36.960
um oh some people are asking if you could drop the link all right um i'm getting dms can larissa

586
00:31:36.960 --> 00:31:42.080
can you drop the link again for the protection portal uh if you wouldn't mind that'd be a

587
00:31:42.080 --> 00:31:50.320
blessing thank you so much um there you go so that's where you can sign up uh so in the patent

588
00:31:50.320 --> 00:31:55.840
realm if you have a new idea so it's a an invention apparatus a system a method any of those

589
00:31:55.840 --> 00:32:02.560
kind of things and you perform one of the following three things one of these three things then your

590
00:32:02.560 --> 00:32:09.040
idea is considered donated to the public what i mean by that is i don't care how much money you

591
00:32:09.040 --> 00:32:14.880
spent on it in the research development or anything it's gone you can't own it all right

592
00:32:15.600 --> 00:32:22.080
these are called statutory bars okay somebody typed that in the chat they're called statutory bars

593
00:32:23.520 --> 00:32:24.960
okay this is the way they work

594
00:32:26.960 --> 00:32:30.560
statutory bar there's three of them the first statutory bar

595
00:32:31.360 --> 00:32:37.040
good job patricia yeah one of the first statutory bar is called the on sale bar okay

596
00:32:37.680 --> 00:32:44.800
what the on sale bar or offer for sale bar says is if your invention is considered to be

597
00:32:44.800 --> 00:32:53.120
substantially complete and you provide a commercial offer for sale

598
00:32:54.800 --> 00:33:02.000
you have one year from that date to file a patent application if you do not

599
00:33:02.080 --> 00:33:07.200
if you do not it's considered donated to the public and gone

600
00:33:09.920 --> 00:33:13.840
what does that mean that means you could file a patent you can get an issued patent but then when

601
00:33:13.840 --> 00:33:19.760
you try to enforce it it'll be invalidated another party will find out about it they'll

602
00:33:19.760 --> 00:33:24.320
file some invalidation proceeding and you'll lose the entire litigation you'll lose your patent

603
00:33:25.120 --> 00:33:31.840
it's called the on sale or offer for sale bar why is this important so for those of you the some of

604
00:33:31.840 --> 00:33:36.160
you know what autocad is if you know what autocad is raise your hand look at that we got a lot of

605
00:33:36.160 --> 00:33:44.800
brainiacs here okay all right so in autocad you know how you do it like a 3d rendering

606
00:33:44.800 --> 00:33:49.600
so you come out with this really neat design if you have a really neat design and it's substantially

607
00:33:49.600 --> 00:33:55.280
complete that's that's enough that's considered that that means your invention is substantially

608
00:33:55.280 --> 00:34:00.160
complete complete if you combine that with a what's called a commercial offer for sale

609
00:34:00.640 --> 00:34:06.240
the two of them together means that from that date forward the clock starts if i do that today

610
00:34:06.240 --> 00:34:11.440
i have one year from today to file a patent application if i don't my invention is considered

611
00:34:11.440 --> 00:34:17.199
donated to the public gone can't do anything about it all right now here's the clincher here's what's

612
00:34:17.199 --> 00:34:22.719
really important about this and this is this is what's very troubling if you have a company

613
00:34:23.280 --> 00:34:30.880
if you have a company and you're the inventor of the technology and your head of marketing or your

614
00:34:30.880 --> 00:34:38.080
partner goes out there and makes an offer for sale even though it wasn't you if the invention

615
00:34:38.080 --> 00:34:45.760
is substantially complete and a commercial offer for sale is made the clock starts even if it wasn't

616
00:34:45.760 --> 00:34:51.440
you this is why it's really important that if you're working with other people within your team

617
00:34:51.440 --> 00:34:55.600
you tell them hey don't say anything until i file patent applications

618
00:34:56.159 --> 00:34:59.840
don't market this don't put it on your website

619
00:35:00.000 --> 00:35:02.080
Don't go trying to build partnership.

620
00:35:02.080 --> 00:35:06.600
Don't do anything until I tell you it's time to go forward.

621
00:35:06.600 --> 00:35:11.560
People violate this all the time, literally all the time.

622
00:35:11.560 --> 00:35:14.840
And the result is they spend $15,000, $20,000

623
00:35:14.840 --> 00:35:15.880
getting a patent.

624
00:35:15.880 --> 00:35:16.880
They try to enforce it.

625
00:35:16.880 --> 00:35:18.320
It gets invalidated.

626
00:35:18.320 --> 00:35:20.560
And then they just basically lost all the money.

627
00:35:20.560 --> 00:35:25.040
Remember the example I gave you on day one,

628
00:35:25.040 --> 00:35:26.800
the pharmaceutical company?

629
00:35:26.800 --> 00:35:28.720
Does anybody remember that by a show of hands?

630
00:35:28.720 --> 00:35:30.080
Anybody remember that?

631
00:35:30.080 --> 00:35:31.360
OK, a few people remember that.

632
00:35:31.360 --> 00:35:33.760
So just to summarize real fast, that's OK.

633
00:35:33.760 --> 00:35:34.280
It's OK.

634
00:35:34.280 --> 00:35:35.080
No, it's all right.

635
00:35:35.080 --> 00:35:36.520
We've talked about a lot of stuff.

636
00:35:36.520 --> 00:35:38.360
It's OK.

637
00:35:38.360 --> 00:35:43.040
So what happened was a pharmaceutical company finally

638
00:35:43.040 --> 00:35:44.680
received FDA approval.

639
00:35:44.680 --> 00:35:49.400
Finally, after all this time, received FDA approval.

640
00:35:49.400 --> 00:35:53.160
But before they filed their patent application,

641
00:35:53.160 --> 00:35:56.640
one of the heads of, what was it, the CTO?

642
00:35:56.640 --> 00:35:57.720
Not the CTO.

643
00:35:57.720 --> 00:36:00.480
It was one of the board members, went to a trade show,

644
00:36:00.480 --> 00:36:04.160
offered the drug for sale to other people

645
00:36:04.160 --> 00:36:08.760
before they filed the patent application.

646
00:36:08.760 --> 00:36:10.680
Then after they got FDA approval,

647
00:36:10.680 --> 00:36:13.040
they started selling the drug.

648
00:36:13.040 --> 00:36:14.640
A generic came on the market.

649
00:36:14.640 --> 00:36:18.200
They sued the company who made the generic drug.

650
00:36:18.200 --> 00:36:20.160
The company that made the generic drug

651
00:36:20.160 --> 00:36:24.320
found out that this board member was at a trade show

652
00:36:24.320 --> 00:36:28.040
offering the drug for sale.

653
00:36:28.040 --> 00:36:31.840
So the other company that got sued just basically said,

654
00:36:31.840 --> 00:36:35.200
look, you actually disclosed this and offered it for sale

655
00:36:35.200 --> 00:36:37.520
more than one year prior to your filing of your patent

656
00:36:37.520 --> 00:36:38.040
application.

657
00:36:38.040 --> 00:36:39.320
Your patent's dead.

658
00:36:39.320 --> 00:36:40.400
It's invalid.

659
00:36:40.400 --> 00:36:41.760
They won in court.

660
00:36:41.760 --> 00:36:46.160
The result, generics came on the market like that.

661
00:36:46.160 --> 00:36:47.760
And the millions of dollars that went

662
00:36:47.760 --> 00:36:51.280
into development of the drug just disappeared.

663
00:36:51.280 --> 00:36:52.720
And somebody got fired.

664
00:36:52.720 --> 00:36:56.560
And you probably all can figure out who that person was.

665
00:36:56.560 --> 00:36:58.200
So it's a really big deal.

666
00:36:58.200 --> 00:36:59.960
Make sure that if you have partners,

667
00:36:59.960 --> 00:37:01.440
you explain this to them.

668
00:37:01.440 --> 00:37:03.840
If you have individuals that are on your team,

669
00:37:03.840 --> 00:37:07.200
in your corporations, explain this basic principle.

670
00:37:07.200 --> 00:37:09.440
Don't violate the on-bar sale.

671
00:37:09.440 --> 00:37:14.120
If you do, you violate the on-bar, the offer for sale,

672
00:37:14.120 --> 00:37:17.480
statutory bar, again, you can't recover.

673
00:37:17.480 --> 00:37:18.560
There is no recovery.

674
00:37:18.560 --> 00:37:21.920
This is one of those abysses that you don't get out.

675
00:37:21.920 --> 00:37:22.920
It's over.

676
00:37:22.920 --> 00:37:23.400
That's it.

677
00:37:23.400 --> 00:37:26.560
There's no second chance.

678
00:37:26.560 --> 00:37:30.680
The second one, the publication bar.

679
00:37:30.680 --> 00:37:33.040
Somebody tap in the chat, publication bar.

680
00:37:35.600 --> 00:37:36.880
Publication bar.

681
00:37:39.920 --> 00:37:42.640
Publication bar, publication bar, yes.

682
00:37:42.640 --> 00:37:44.240
Why am I having you type this stuff?

683
00:37:44.240 --> 00:37:46.400
Because I need you to remember these things.

684
00:37:46.400 --> 00:37:48.120
Because these three things are things

685
00:37:48.120 --> 00:37:50.120
that you cannot recover from.

686
00:37:50.120 --> 00:37:51.920
You violate this, and it's over.

687
00:37:51.920 --> 00:37:53.640
There's no recovery.

688
00:37:53.640 --> 00:37:58.240
So the publication bar says that if you disclose your invention

689
00:37:58.240 --> 00:38:02.040
so that it's readily available to the public.

690
00:38:02.040 --> 00:38:04.200
So think of a website.

691
00:38:04.200 --> 00:38:06.480
Think of writing an article.

692
00:38:06.480 --> 00:38:12.160
Think of any publication, a white paper, anything

693
00:38:12.160 --> 00:38:13.720
like that.

694
00:38:13.720 --> 00:38:18.120
If you do that, and more than one year passes,

695
00:38:18.120 --> 00:38:20.880
so you describe it in enough detail

696
00:38:20.880 --> 00:38:22.840
so somebody can practice the invention,

697
00:38:22.840 --> 00:38:24.720
and more than one year passes, your invention

698
00:38:24.720 --> 00:38:27.080
is considered donated to the public.

699
00:38:27.080 --> 00:38:28.520
Gone.

700
00:38:28.520 --> 00:38:29.760
Why am I telling you this?

701
00:38:29.760 --> 00:38:33.560
Don't put your inventions on your websites

702
00:38:33.560 --> 00:38:36.120
until you file a patent.

703
00:38:36.120 --> 00:38:37.320
Don't do this.

704
00:38:37.320 --> 00:38:40.200
Oh my gosh, college dissertation.

705
00:38:40.200 --> 00:38:41.440
Yes.

706
00:38:41.440 --> 00:38:45.480
That's one of the biggest problems, college dissertation.

707
00:38:45.520 --> 00:38:48.080
That is literally one of the biggest problems.

708
00:38:48.080 --> 00:38:52.480
When somebody is trying to obtain their PhD,

709
00:38:52.480 --> 00:38:54.240
what do they file?

710
00:38:54.240 --> 00:38:55.960
Somebody, like, unmute themselves.

711
00:38:55.960 --> 00:38:57.960
What do you file, what do you have

712
00:38:57.960 --> 00:38:59.720
to submit when you're going for your PhD?

713
00:39:03.720 --> 00:39:05.560
What's it called?

714
00:39:05.560 --> 00:39:06.880
Yeah, Libby.

715
00:39:06.880 --> 00:39:09.400
I'm not sure what you call it, but it's like all your work.

716
00:39:09.400 --> 00:39:12.520
It's all your, you've done a research on something,

717
00:39:12.520 --> 00:39:14.680
and it's a very specific area.

718
00:39:14.720 --> 00:39:15.880
A thesis, that's it.

719
00:39:15.880 --> 00:39:17.800
Right, so you actually have to file your thesis.

720
00:39:17.800 --> 00:39:18.840
Sorry, couldn't think of it.

721
00:39:18.840 --> 00:39:20.480
No, no problem.

722
00:39:20.480 --> 00:39:22.680
So you actually have to submit your thesis

723
00:39:22.680 --> 00:39:25.520
to get your PhD, OK?

724
00:39:25.520 --> 00:39:26.800
So here's the thing.

725
00:39:26.800 --> 00:39:32.000
A lot of students who are going for their PhD

726
00:39:32.000 --> 00:39:35.840
will create their thesis and submit it to the college

727
00:39:35.840 --> 00:39:37.480
or to the university.

728
00:39:37.480 --> 00:39:40.960
Well, what do they do after they receive them?

729
00:39:40.960 --> 00:39:43.720
They review them, and they, exactly,

730
00:39:43.720 --> 00:39:45.000
I see people mouthing it out.

731
00:39:45.000 --> 00:39:45.760
They publish them.

732
00:39:45.760 --> 00:39:47.200
They put it in their libraries.

733
00:39:47.200 --> 00:39:49.760
They make it readily available on their website.

734
00:39:49.760 --> 00:39:50.840
That's what they do.

735
00:39:50.840 --> 00:39:55.040
So a lot of these PhD students, what are they trying to do?

736
00:39:55.040 --> 00:39:57.280
They're trying to build a corporation, right?

737
00:39:57.280 --> 00:40:00.720
So they take their PhD student.

738
00:40:00.000 --> 00:40:06.960
graduate program curriculum and they come out with some kind of new technology and then they

739
00:40:06.960 --> 00:40:13.680
build a corporation around that technology but they put that in the thesis and they submit it

740
00:40:13.680 --> 00:40:18.960
so then they leave the school and they start out a corporation. Two, three years down the road

741
00:40:20.160 --> 00:40:24.880
they say you know this thing actually is doing okay I think we're going to file patent application

742
00:40:24.880 --> 00:40:31.920
too late it's gone it's gone I've I'm telling you I've done presentations at MIT I've done

743
00:40:31.920 --> 00:40:38.080
presentations at Dartmouth College and when I say this the last one I did at Dartmouth College

744
00:40:38.080 --> 00:40:42.720
it was for the head of the medical device industry or the medical device curriculum

745
00:40:44.560 --> 00:40:53.760
Keith, Keith Poulsen and students I'm not kidding you students got up the second that I said this

746
00:40:53.760 --> 00:41:01.040
and ran out of the room literally because they were terrified because they realized

747
00:41:01.040 --> 00:41:07.200
that they had to reach out to their professors and beg them not to publish what they had just

748
00:41:07.200 --> 00:41:11.360
submitted because they hadn't filed a patent application yet and they're already trying to

749
00:41:11.360 --> 00:41:18.640
start a corporation on that specific idea so for that reason do not do not do not submit for

750
00:41:18.640 --> 00:41:23.760
publication your ideas until you file at least a provisional or utility patent application I'll

751
00:41:23.760 --> 00:41:32.960
explain what a provisional is to you in 10 minutes okay all right that was the second bar that's

752
00:41:32.960 --> 00:41:40.640
called the publication bar the first bar was called the on sale bar what's the third bar the third bar

753
00:41:40.640 --> 00:41:49.360
is called the public use bar public use bar somebody type in the chat public use

754
00:41:51.600 --> 00:41:58.160
this one is tricky this one's tricky I'm gonna explain it to you I think you're all gonna get

755
00:41:58.160 --> 00:42:02.000
it right away you'll understand it very fast but I'm gonna explain to you why it can be tricky

756
00:42:02.960 --> 00:42:08.720
public use public use public use yes there you go public use bar all right here's what happens

757
00:42:11.440 --> 00:42:19.520
if a third party if a third party is using the invention for its intended purpose

758
00:42:20.800 --> 00:42:26.640
and more than one year passes the invention is considered donated to the public that that's the

759
00:42:26.640 --> 00:42:34.480
rule so just think third party using the invention for the reason the invention was made that's all

760
00:42:35.440 --> 00:42:38.080
third party means not the inventor

761
00:42:40.320 --> 00:42:47.120
the one who creates the invention is called the inventor right I'm I create the invention

762
00:42:47.120 --> 00:42:53.920
therefore I'm the inventor that's it very simple very straightforward right if a third party the

763
00:42:53.920 --> 00:43:01.600
party who is not the inventor uses that invention for its intended purpose the clock starts I'm

764
00:43:01.920 --> 00:43:08.800
going to give you a practical example let's say I create a bicycle right and so I create this

765
00:43:08.800 --> 00:43:14.240
bicycle in my garage and my neighbor I want to find out whether or not this works for people

766
00:43:14.240 --> 00:43:19.600
in different weight classes like I want it I want the smaller I want the children to try it out I

767
00:43:19.600 --> 00:43:24.400
want the adults to try it out I want like people who are light people who are you know heavier

768
00:43:24.400 --> 00:43:30.240
whatever the case is I want different people to try this out so I give a prototype which is an

769
00:43:30.240 --> 00:43:38.400
example of my products I give a prototype to my next door neighbor to the right of me who's like

770
00:43:39.200 --> 00:43:47.360
250 270 pure muscle and then I give another prototype to my other neighbor who's like

771
00:43:48.720 --> 00:43:53.840
10 years old you know I give it to him so he can give it to his kid to the so the kid can try it

772
00:43:53.840 --> 00:43:59.840
out I'm getting different weight levels to see how the bike works right and I just give it to them

773
00:43:59.920 --> 00:44:05.760
and I say here go try it out go use it see what it's like and they go about and they do

774
00:44:05.760 --> 00:44:11.520
their business and they report back to me hey Pete yeah there's like the shock is really hard

775
00:44:11.520 --> 00:44:15.600
like for the guy who's really built it really hurts when I ride this thing and the kid's like

776
00:44:15.600 --> 00:44:21.280
I can't even reach my pedals it's not working this stinks this is the worst gift ever you know so

777
00:44:21.280 --> 00:44:26.400
you know I'm getting all these different opinions and I'm using that to determine how to modify the

778
00:44:26.400 --> 00:44:31.760
invention right that's a third party using the invention which is a bicycle for its intended

779
00:44:31.760 --> 00:44:37.360
purpose that is okay because that's called experimental use that's using it to get some

780
00:44:37.360 --> 00:44:44.800
feedback I'm just using it to get some feedback here's where the problem comes in if the third

781
00:44:44.800 --> 00:44:52.880
party is using the invention for its intended purpose and I'm making money off of it that's

782
00:44:52.880 --> 00:44:57.040
considered a sale that's not that's not called experimental use that's a sale

783
00:44:57.840 --> 00:44:59.840
you can say all day long well I just want

784
00:45:00.000 --> 00:45:01.280
I wanna see what my neighbor wants

785
00:45:01.280 --> 00:45:04.040
as I gave them a bike for 300 bucks.

786
00:45:04.040 --> 00:45:05.580
I was just trying to get feedback.

787
00:45:05.580 --> 00:45:07.320
Yeah, maybe you're getting feedback,

788
00:45:07.320 --> 00:45:08.240
but that's really a sale.

789
00:45:08.240 --> 00:45:10.520
So that's a violation of the on-sale bar.

790
00:45:12.640 --> 00:45:14.760
So a third party is using the invention

791
00:45:14.760 --> 00:45:16.040
for its intended purpose.

792
00:45:16.040 --> 00:45:17.440
If I'm just trying to get feedback,

793
00:45:17.440 --> 00:45:19.480
I give it to them for a limited time.

794
00:45:20.360 --> 00:45:21.720
They give me some feedback

795
00:45:21.720 --> 00:45:23.600
and then I take the bike back, right?

796
00:45:23.600 --> 00:45:25.760
I might just kind of say, you know what?

797
00:45:25.760 --> 00:45:27.120
I got my feedback, thank you.

798
00:45:27.120 --> 00:45:28.540
I got the prototypes back.

799
00:45:28.580 --> 00:45:30.620
So there's no money being exchanged, right?

800
00:45:30.620 --> 00:45:32.980
It's just testing, testing, testing.

801
00:45:32.980 --> 00:45:35.140
That happens in software too.

802
00:45:35.140 --> 00:45:38.180
Alpha versions of software, beta versions of software.

803
00:45:38.180 --> 00:45:40.300
That's testing, testing, testing.

804
00:45:40.300 --> 00:45:41.420
You need somebody to tell you

805
00:45:41.420 --> 00:45:42.840
whether or not the software works.

806
00:45:42.840 --> 00:45:43.680
What do you do?

807
00:45:43.680 --> 00:45:45.060
You send them a beta version

808
00:45:45.060 --> 00:45:46.700
and you say, look, I need your feedback,

809
00:45:46.700 --> 00:45:50.100
but you don't charge them 150 bucks for the software.

810
00:45:50.100 --> 00:45:51.620
Cause if you charge them 150 bucks

811
00:45:51.620 --> 00:45:53.700
and said, give me your feedback, you just made a sale.

812
00:45:53.700 --> 00:45:55.900
You just got a perk in that the person's gonna give you

813
00:45:55.900 --> 00:45:58.500
some feedback, but that's still a sale.

814
00:45:58.500 --> 00:46:01.900
So for that reason, you have to make sure,

815
00:46:01.900 --> 00:46:05.260
the general rule is a third party using the invention

816
00:46:05.260 --> 00:46:08.660
for its intended purpose, a person who's not the inventor.

817
00:46:08.660 --> 00:46:11.660
If they do, then it's considered a violation

818
00:46:11.660 --> 00:46:15.220
of the public use bar, okay?

819
00:46:15.220 --> 00:46:18.100
So if my neighbor came up with a bike

820
00:46:19.100 --> 00:46:23.820
that looks like mine, okay, without me,

821
00:46:23.820 --> 00:46:25.780
then that's a third party using the invention

822
00:46:26.660 --> 00:46:27.500
for its intended purpose.

823
00:46:27.500 --> 00:46:30.460
So that's the public using the invention.

824
00:46:30.460 --> 00:46:33.820
You know, I really can't do anything about that, okay?

825
00:46:33.820 --> 00:46:35.900
But that actually falls into another area of law.

826
00:46:35.900 --> 00:46:37.580
I'm not gonna, I don't wanna complicate things.

827
00:46:37.580 --> 00:46:40.500
So basically, why am I telling you all this?

828
00:46:40.500 --> 00:46:41.340
Keep it simple.

829
00:46:41.340 --> 00:46:42.960
Just keep it very simple.

830
00:46:42.960 --> 00:46:45.460
If you have an invention and you wanna get feedback,

831
00:46:45.460 --> 00:46:46.460
don't charge for it.

832
00:46:48.100 --> 00:46:50.300
That's the simplest way to do this.

833
00:46:50.300 --> 00:46:52.260
Simplest way to do this, okay?

834
00:46:53.260 --> 00:46:56.940
I'm giving you my prototype, you can test it out,

835
00:46:56.940 --> 00:47:00.180
you can give me some feedback, give me my prototype back.

836
00:47:00.180 --> 00:47:04.420
You know, I may pay you to give me the feedback,

837
00:47:04.420 --> 00:47:06.400
but I'm not, you're not,

838
00:47:08.660 --> 00:47:12.500
that person is not paying me for the product, okay?

839
00:47:12.500 --> 00:47:13.540
Does that make sense?

840
00:47:14.600 --> 00:47:18.980
If that person is paying me to use the product

841
00:47:18.980 --> 00:47:20.700
I'm giving them, that's a sale.

842
00:47:20.700 --> 00:47:22.700
I don't care how you paint it.

843
00:47:22.700 --> 00:47:24.700
I don't care if it's a goat, you put it in a dress,

844
00:47:24.700 --> 00:47:26.620
it's still a goat, all right?

845
00:47:26.620 --> 00:47:29.580
You can put it a goat in a dress and try to go to the prom,

846
00:47:29.580 --> 00:47:31.820
it ain't working, it's a goat, okay?

847
00:47:31.820 --> 00:47:33.160
That's just the way it is.

848
00:47:33.160 --> 00:47:37.500
So the situation is that if you take your invention

849
00:47:37.500 --> 00:47:40.860
and you sell it to another person and try to get feedback,

850
00:47:40.860 --> 00:47:42.980
that's a violation of the on-sale bar.

851
00:47:42.980 --> 00:47:44.740
Why am I stressing this?

852
00:47:44.740 --> 00:47:48.320
Because I handle these cases in litigation all the time.

853
00:47:48.320 --> 00:47:50.380
In Massachusetts Federal District Court,

854
00:47:51.060 --> 00:47:52.140
in Eastern District of Texas,

855
00:47:52.140 --> 00:47:53.780
in Southern District of California,

856
00:47:53.780 --> 00:47:56.020
in Florida, in New Hampshire,

857
00:47:56.020 --> 00:47:58.020
like these are the cases that I litigate.

858
00:47:58.020 --> 00:47:59.260
It happens all the time.

859
00:47:59.260 --> 00:48:01.400
People don't know this basic thing.

860
00:48:01.400 --> 00:48:02.780
Three statutory bars.

861
00:48:02.780 --> 00:48:06.100
One last time, a goat's a goat, even in a dress.

862
00:48:08.820 --> 00:48:11.140
The things we learn in a challenge.

863
00:48:11.140 --> 00:48:14.060
A goat is a goat, even in a dress.

864
00:48:14.060 --> 00:48:16.240
This is, these are our takeaways.

865
00:48:16.240 --> 00:48:18.720
All right, so there are three statutory bars.

866
00:48:18.720 --> 00:48:20.880
Let's go over them one more time.

867
00:48:20.880 --> 00:48:25.360
Three, first one, offer for sale bar.

868
00:48:25.360 --> 00:48:28.880
If the invention's considered substantially complete,

869
00:48:28.880 --> 00:48:31.280
think of AutoCAD, all right?

870
00:48:31.280 --> 00:48:33.760
Think of your beta versions of the software

871
00:48:33.760 --> 00:48:34.960
and you offer it for sale,

872
00:48:34.960 --> 00:48:36.720
meaning a commercial offer for sale.

873
00:48:36.720 --> 00:48:38.760
Even if you're not the person doing it,

874
00:48:38.760 --> 00:48:41.720
if it's a member of your company or a partner,

875
00:48:41.720 --> 00:48:43.320
that's considered an offer for sale.

876
00:48:43.320 --> 00:48:44.680
You have one year from that date

877
00:48:44.680 --> 00:48:45.800
to file a patent application.

878
00:48:45.800 --> 00:48:50.800
If you don't, gonzo, it's considered donated to the public.

879
00:48:50.800 --> 00:48:53.140
Second bar, the publication bar.

880
00:48:54.800 --> 00:48:58.240
If you take a description of your invention

881
00:48:59.720 --> 00:49:01.040
and you describe it in a manner

882
00:49:01.040 --> 00:49:03.200
so that somebody of ordinary skill in the art,

883
00:49:03.200 --> 00:49:05.080
somebody like you could pick up that document

884
00:49:05.080 --> 00:49:07.440
and practice the invention from your description

885
00:49:08.640 --> 00:49:10.520
and it's readily available to the public,

886
00:49:10.520 --> 00:49:12.020
meaning it's in a publication,

887
00:49:12.020 --> 00:49:14.080
that's why it's called a publication bar,

888
00:49:15.000 --> 00:49:18.560
then if one year passes, it's donated to the public.

889
00:49:18.560 --> 00:49:20.840
It's gone, all right?

890
00:49:20.840 --> 00:49:23.120
And today, just so you know, in Facebook today,

891
00:49:23.120 --> 00:49:25.560
I'm gonna drop a document for you

892
00:49:25.560 --> 00:49:28.240
that has each one of these and describes them for you

893
00:49:28.240 --> 00:49:29.880
so you can take it with you, okay?

894
00:49:29.880 --> 00:49:31.040
Make your lives easier.

895
00:49:32.160 --> 00:49:34.500
All right, that's the second bar, the publication bar.

896
00:49:34.500 --> 00:49:37.740
The third bar, public use bar.

897
00:49:37.740 --> 00:49:39.920
If a third party is using the invention

898
00:49:39.920 --> 00:49:44.280
for its intended purpose, donate it to the public

899
00:49:44.280 --> 00:49:47.960
if more than one year passes, okay?

900
00:49:47.960 --> 00:49:52.960
Now, just so you understand the reasoning for this, why?

901
00:49:53.400 --> 00:49:58.400
Like, why is it the case that if you publish the invention

902
00:49:59.080 --> 00:50:00.580
and more than one year passes?

903
00:50:00.000 --> 00:50:07.060
passes. You can't own a patent. Or why is it that if you offer it for sale, you can't

904
00:50:07.060 --> 00:50:11.300
file a patent later? Or why is it that if a third party is using it for its intended

905
00:50:11.300 --> 00:50:16.100
purpose, you can't file a patent? The reason why is because you put it out in the public

906
00:50:16.100 --> 00:50:19.940
in the public season, the public's using it, the public's interacting with it. Now you

907
00:50:19.940 --> 00:50:23.580
wait five years and then all of a sudden you have this enlightening moment and say, let

908
00:50:23.580 --> 00:50:28.780
me file a patent. Then you're going to stop all the people that think it's publicly available.

909
00:50:28.780 --> 00:50:34.180
That's not fair. So the government says, I think the government got it right this time.

910
00:50:34.180 --> 00:50:40.060
So the government says, hey, if you're going to offer it for sale, if you're going to publicly

911
00:50:40.060 --> 00:50:44.300
make it available, or if third parties are going to use it for its intended purpose,

912
00:50:44.300 --> 00:50:47.980
you've got one year to file your patent. If you don't, we can't take a chance on the public

913
00:50:47.980 --> 00:50:53.340
starting to do what you've made publicly available. And then you decide, I'm going to go ahead

914
00:50:53.340 --> 00:50:59.900
and sue everybody after I did that. That's not fair. Okay. Does that kind of make sense?

915
00:50:59.900 --> 00:51:06.780
The three stat story bars. So all you have to remember is don't publish it. Don't talk

916
00:51:06.780 --> 00:51:12.520
about your invention. This is why when I go into challenges or where I go into other environments

917
00:51:12.520 --> 00:51:20.540
where people are throwing their ideas back and forth, I cringe because I think this idea

918
00:51:20.540 --> 00:51:26.340
may be worth a million dollars and they're here disclosing their invention. And if they

919
00:51:26.340 --> 00:51:31.380
violate one of the statutory bars, they have one year to file something in the United States.

920
00:51:31.380 --> 00:51:35.900
If they don't, it's considered donated to the public. They may have just lost their

921
00:51:35.900 --> 00:51:40.140
invention. Now we just talked about the United States and the United States. You have one

922
00:51:40.140 --> 00:51:52.220
year. Everybody has to hear this. In foreign countries, there is no one year. Exactly.

923
00:51:52.220 --> 00:52:01.420
I see a lot of faces in shock right now. What does that mean? That means if there's a publication

924
00:52:01.420 --> 00:52:09.420
with regard to your technology, the second you published, it's gone. The second you

925
00:52:09.420 --> 00:52:19.060
disclosed it, it's gone. This is why it's important to be careful what you talk about.

926
00:52:19.060 --> 00:52:26.100
This is why when you signed up for this challenge, I made you check a form that says, you understand

927
00:52:26.100 --> 00:52:35.580
this isn't attorney-client privilege. There's no legal advice. One of the other things I've

928
00:52:35.580 --> 00:52:41.820
talked to you about is don't bring your inventions in here and talk about them. I've had people

929
00:52:41.820 --> 00:52:48.060
try to do that and I've shut them down midstream. Why? Because I care about you. I don't want

930
00:52:48.060 --> 00:52:54.660
you losing the blessings that you're receiving. This falls into that realm of just to get

931
00:52:54.660 --> 00:53:00.180
spiritual for a second here. This falls into that realm of if the Lord is blessing you

932
00:53:00.180 --> 00:53:06.860
with an idea, the enemy comes to steal, kill, and destroy. What's his first, his literally

933
00:53:06.860 --> 00:53:14.740
number one assignment? Steal. What better way to steal than to make you start disclosing

934
00:53:14.740 --> 00:53:20.420
your invention? Second you disclose it, you now can't obtain any rights to it. You essentially

935
00:53:20.420 --> 00:53:26.180
sabotage your own situation. This is why the three stat story bars are so important

936
00:53:26.180 --> 00:53:30.260
to know. They're going to be in writing. They're going to be in the Facebook group. You can

937
00:53:30.260 --> 00:53:37.020
look at them and so you can digest them over time. I want to make sure that you are actively

938
00:53:37.020 --> 00:53:41.620
partaking in this part here. That is probably the most important part of patent law. What

939
00:53:41.620 --> 00:53:45.660
I just told you right there is probably the most important part. Now I'm going to tell

940
00:53:45.660 --> 00:53:53.500
you the second most important part. We kind of touched base on this yesterday. This will

941
00:53:53.500 --> 00:54:00.460
be the last substantive thing that I'll be sharing with you. Then right after that, let

942
00:54:00.460 --> 00:54:08.060
me see. Then we have a special guest. Rowena! Rowena! Oh my gosh. So good to see you. Do

943
00:54:08.060 --> 00:54:15.140
you have five more minutes? I do have five more minutes. Yes. Okay. All right. Let me

944
00:54:15.140 --> 00:54:22.100
share this quickly. Rowena already knows this. So, okay. In the patent world, patents

945
00:54:22.100 --> 00:54:27.380
are expensive. Very expensive. Okay. Filing a patent application costs you $9,000, $10,000,

946
00:54:27.380 --> 00:54:33.700
$11,000, $12,000 just to file it. Okay. The government knew this. So the government created

947
00:54:33.700 --> 00:54:39.340
what are called provisional patents. That's all you need to know. Provisional patents.

948
00:54:39.340 --> 00:54:45.900
You talk to a lawyer, just ask them, what's a provisional patent? Can I file a provisional

949
00:54:45.900 --> 00:54:52.780
patent instead of a utility patent? Because it's going to cost a lot less. All right.

950
00:54:53.660 --> 00:54:59.820
It's a secret to the industry that most people don't talk about. Okay.

951
00:55:00.000 --> 00:55:03.680
That's, I wanted to mention that to you, OK?

952
00:55:03.680 --> 00:55:06.320
What a provisional patent is, is the only requirement

953
00:55:06.320 --> 00:55:07.760
is a title and a description.

954
00:55:07.760 --> 00:55:08.600
That's it.

955
00:55:08.600 --> 00:55:11.280
A utility patent has a title.

956
00:55:11.280 --> 00:55:12.440
You can just listen to this.

957
00:55:12.440 --> 00:55:13.480
You don't have to write this down,

958
00:55:13.480 --> 00:55:14.960
because you're not going to be able to write all this part

959
00:55:14.960 --> 00:55:15.640
down, just so you know.

960
00:55:15.640 --> 00:55:17.220
I mean, you can write if you want to.

961
00:55:17.220 --> 00:55:21.020
But a utility patent has a title, cross-reference

962
00:55:21.020 --> 00:55:24.200
to the related applications, field of the invention,

963
00:55:24.200 --> 00:55:27.280
background of the invention, summary of the invention,

964
00:55:27.280 --> 00:55:30.800
abstract, claims, brief description of the drawings,

965
00:55:30.800 --> 00:55:33.680
and a detailed description, and at least one drawing,

966
00:55:33.680 --> 00:55:36.120
if necessary, to understand the invention.

967
00:55:36.120 --> 00:55:38.280
It's a big document.

968
00:55:38.280 --> 00:55:43.000
Provisional, title, description, period.

969
00:55:43.000 --> 00:55:45.320
There's a difference in cost.

970
00:55:45.320 --> 00:55:50.480
So if you're doing a startup, it would be absolutely brilliant

971
00:55:50.480 --> 00:55:52.720
for you to ask your attorneys, hey, look,

972
00:55:52.720 --> 00:55:53.880
I don't have a lot of money.

973
00:55:53.880 --> 00:55:57.080
Can I file a provisional, just to maintain the filing date?

974
00:55:57.080 --> 00:55:59.720
And if I can, within a year, I can

975
00:55:59.720 --> 00:56:02.200
determine whether or not I can file a utility patent.

976
00:56:02.200 --> 00:56:04.120
So just remember the word provisional.

977
00:56:04.120 --> 00:56:04.640
That's it.

978
00:56:04.640 --> 00:56:06.760
That's all you need to do, OK?

979
00:56:06.760 --> 00:56:10.280
Now, we've got a special guest here who I absolutely adore.

980
00:56:10.280 --> 00:56:12.760
And the reason why I asked her to be here

981
00:56:12.760 --> 00:56:15.280
is because she is an incredible coach.

982
00:56:15.280 --> 00:56:17.760
She's guided a lot of us over time.

983
00:56:17.760 --> 00:56:21.240
And she was actually in our first challenge.

984
00:56:21.240 --> 00:56:23.880
And I just wanted to get her to have a moment

985
00:56:23.880 --> 00:56:27.480
to just kind of talk about how she's implementing this stuff.

986
00:56:27.480 --> 00:56:30.040
Because while you've learned a lot of different things,

987
00:56:30.040 --> 00:56:31.520
there's a difference between learning things

988
00:56:31.520 --> 00:56:33.080
and knowing how to implement them.

989
00:56:33.080 --> 00:56:34.400
There really is.

990
00:56:34.400 --> 00:56:36.560
And so what you're going to find is,

991
00:56:36.560 --> 00:56:39.360
remember how I told you one of the most important things

992
00:56:39.360 --> 00:56:44.360
that I wanted to make sure you could do was to issue spot?

993
00:56:44.360 --> 00:56:46.480
You don't have to understand absolutely everything.

994
00:56:46.480 --> 00:56:49.960
But if you can issue spot, being in a meeting with your people,

995
00:56:49.960 --> 00:56:51.680
with your who, who you love and adore,

996
00:56:51.680 --> 00:56:52.960
you're trying to take care of.

997
00:56:53.000 --> 00:56:54.000
And they mention something.

998
00:56:54.000 --> 00:56:55.840
And all of a sudden, you get this gut feeling

999
00:56:55.840 --> 00:56:57.240
like something's wrong.

1000
00:56:57.240 --> 00:56:58.840
I don't know what it is.

1001
00:56:58.840 --> 00:57:01.720
But man, that's either like, is that a Circle R issue?

1002
00:57:01.720 --> 00:57:03.000
I know it's trademarks.

1003
00:57:03.000 --> 00:57:03.800
Where's my chart?

1004
00:57:03.800 --> 00:57:04.440
Oh, there it is.

1005
00:57:04.440 --> 00:57:05.600
It falls under there.

1006
00:57:05.600 --> 00:57:06.200
There it is.

1007
00:57:06.200 --> 00:57:07.760
That's where it goes.

1008
00:57:07.760 --> 00:57:10.240
Let me go speak to somebody who knows what's going on, all

1009
00:57:10.240 --> 00:57:10.880
right?

1010
00:57:10.880 --> 00:57:13.000
So Rowena, can you kind of speak towards this?

1011
00:57:13.000 --> 00:57:14.800
Because I know you have a lot of experience in this area.

1012
00:57:14.800 --> 00:57:16.960
And I just want to kind of honor you and give you

1013
00:57:16.960 --> 00:57:20.520
a moment to kind of help the people out to understand that.

1014
00:57:20.520 --> 00:57:21.600
Absolutely, Peter.

1015
00:57:21.600 --> 00:57:22.560
Thank you so much.

1016
00:57:22.600 --> 00:57:24.600
I love seeing so many of my family members here.

1017
00:57:24.600 --> 00:57:26.760
I'm proud of you.

1018
00:57:26.760 --> 00:57:27.760
Got girlfriends in here.

1019
00:57:27.760 --> 00:57:28.560
That's so cool.

1020
00:57:28.560 --> 00:57:30.280
Love y'all.

1021
00:57:30.280 --> 00:57:34.880
OK, so Peter, I learned about Peter's Protect Your Idea

1022
00:57:34.880 --> 00:57:38.840
challenge when we were going through his funnel

1023
00:57:38.840 --> 00:57:40.600
at the workshop.

1024
00:57:40.600 --> 00:57:41.640
Yeah, and you helped me.

1025
00:57:41.640 --> 00:57:42.160
Yeah.

1026
00:57:42.160 --> 00:57:43.200
At the castle.

1027
00:57:43.200 --> 00:57:44.960
Yeah, so I distinctly remembered when

1028
00:57:44.960 --> 00:57:47.280
you said December 13th was your challenge.

1029
00:57:47.280 --> 00:57:50.080
And so some of you might relate to this.

1030
00:57:50.080 --> 00:57:51.600
But for years and years and years,

1031
00:57:51.600 --> 00:57:56.320
I have really wanted to file trademarks and copyrights

1032
00:57:56.320 --> 00:57:58.400
and didn't really understand the patent world,

1033
00:57:58.400 --> 00:58:02.320
obviously, because I was in the fashion and creative realm.

1034
00:58:02.320 --> 00:58:06.040
And then going into the digital, transitioning all of my skills

1035
00:58:06.040 --> 00:58:07.760
in the digital realm, and knowing

1036
00:58:07.760 --> 00:58:11.080
that there is risk of losing some

1037
00:58:11.080 --> 00:58:15.600
of my proprietary frameworks, right?

1038
00:58:15.600 --> 00:58:19.240
And so when I learned about Peter's Protect Your Idea

1039
00:58:19.240 --> 00:58:21.480
challenge, I knew it was something

1040
00:58:21.480 --> 00:58:24.400
that was like a response to the desire.

1041
00:58:24.400 --> 00:58:29.880
I've always wanted to be able to protect my own ideas.

1042
00:58:29.880 --> 00:58:33.560
But then now, as a coach and a consultant

1043
00:58:33.560 --> 00:58:38.040
in the niche digital space, there's

1044
00:58:38.040 --> 00:58:41.040
a greater sense of urgency to protect not just myself

1045
00:58:41.040 --> 00:58:43.640
and the frameworks that the Lord has given me,

1046
00:58:43.640 --> 00:58:47.400
but also to protect my clients and the brilliant ideas,

1047
00:58:47.440 --> 00:58:54.720
frameworks, methodologies, copy, slogans, logos, names,

1048
00:58:54.720 --> 00:58:57.200
ideas that they have that are God-given,

1049
00:58:57.200 --> 00:58:58.520
I believe God-given.

1050
00:58:58.520 --> 00:59:01.440
But they're just so, they think, oh, the minute,

1051
00:59:01.440 --> 00:59:03.320
I want to be first to talk about it.

1052
00:59:03.320 --> 00:59:07.120
And they start naming their companies

1053
00:59:07.120 --> 00:59:09.400
on their Instagram accounts and their Facebooks

1054
00:59:09.400 --> 00:59:12.480
without protecting or checking if there is anybody trademark

1055
00:59:12.480 --> 00:59:16.000
or protecting that, their name, right?

1056
00:59:16.040 --> 00:59:21.840
So when Peter talked about the statutory bars,

1057
00:59:21.840 --> 00:59:24.360
the publication blew my mind, y'all,

1058
00:59:24.360 --> 00:59:27.560
when the minute he said that the moment that you say out loud

1059
00:59:27.560 --> 00:59:31.080
your God idea, your framework, your methodology,

1060
00:59:31.080 --> 00:59:34.800
your potential trademark, your potential and your invention,

1061
00:59:34.800 --> 00:59:38.000
the minute the statutory bar clock starts ticking,

1062
00:59:38.000 --> 00:59:41.280
you have up to a year to protect that idea.

1063
00:59:41.280 --> 00:59:43.840
Otherwise, it's a gift to the public.

1064
00:59:43.920 --> 00:59:47.400
And that's how the enemy steals our stuff, right?

1065
00:59:47.400 --> 00:59:52.360
And so I felt like it came at this appropriate time

1066
00:59:52.360 --> 00:59:54.880
so that before I start taking on clients

1067
00:59:54.880 --> 00:59:57.760
and consulting clients, coaching clients,

1068
00:59:57.760 --> 01:00:00.360
that this is going to be an opportunity for me to add.

1069
01:00:00.000 --> 01:00:06.160
to my toolbox, my skill set, to be able to not just, to be knowledgeable in this area of how to

1070
01:00:06.160 --> 01:00:11.840
protect their frameworks and their ideas, right? And their inventions, and even the books that

1071
01:00:11.840 --> 01:00:18.240
they're looking to write, right? Or have written, or how can you protect, you know, a script? So,

1072
01:00:18.800 --> 01:00:22.720
a recent conversation I'd shared within the Protection Portal when we had our meeting last

1073
01:00:22.720 --> 01:00:27.600
week was, I was in, I was having coffee with a friend and they wanted to turn a book that,

1074
01:00:27.680 --> 01:00:32.560
a book they did not write, it was somebody else's book, and they wanted to write a pilot program,

1075
01:00:33.360 --> 01:00:37.520
a television pilot for it. And I said, hey, do you have permission? And they're like, no,

1076
01:00:37.520 --> 01:00:42.320
we want to launch the pilot and then we want to then talk to the author. I was like,

1077
01:00:43.120 --> 01:00:50.400
major red flag, major red flag. I think that you have, there's infringement, at the very least,

1078
01:00:50.400 --> 01:00:55.200
there's infringement involved in the original author, since you don't know him, you have no

1079
01:00:55.200 --> 01:01:00.160
relationship to him, and you haven't yet to contact him. So, I said, before you put all this

1080
01:01:00.160 --> 01:01:06.000
money into filming the pilot, we need to have another conversation. I actually have a call

1081
01:01:06.000 --> 01:01:11.280
tomorrow with, in the Protection Portal, and that's how I was able to bring that up to Peter,

1082
01:01:11.280 --> 01:01:18.880
and we were able to discuss how to, what sounds like infringement, you know? What is an issue?

1083
01:01:18.880 --> 01:01:23.680
Is this a TM issue? Is it a circle art issue? Is it a copyright? Is it a patent? And so,

1084
01:01:24.400 --> 01:01:30.080
I felt like this is a great community, just to talk about how do we begin to understand

1085
01:01:30.080 --> 01:01:36.800
protecting our ideas? How do we begin to caution our clients on how to protect our ideas? And so,

1086
01:01:36.800 --> 01:01:41.760
that's what I felt like was invaluable to me, joining this community. And so, I love getting

1087
01:01:41.760 --> 01:01:47.520
to see all my friends here, my coaching friends, my 100x friends, crush it friends. So, yeah. So,

1088
01:01:47.520 --> 01:01:51.040
is there anything else that you'd like me to share? That was brilliant. I mean, that, honestly,

1089
01:01:52.000 --> 01:01:56.560
that situation that you just laid out is so practical, and it's such a real-life situation.

1090
01:01:56.560 --> 01:02:02.400
And if I recall, one of the things that we looked at was, with books, inventors or the

1091
01:02:02.400 --> 01:02:07.280
original authors sometimes give the rights to the publishers or give the rights to another entity.

1092
01:02:07.280 --> 01:02:12.080
So, the question is, who is the party who actually owns the rights to the books now?

1093
01:02:12.080 --> 01:02:17.040
Because you might go reaching out to the original author, but the author doesn't own the rights.

1094
01:02:17.040 --> 01:02:22.160
It's another company. So, now, you get the author who's saying, oh, yeah, I, by all means,

1095
01:02:22.160 --> 01:02:26.720
give you rights to go and make a movie. You go making a movie or go make some kind of series,

1096
01:02:26.720 --> 01:02:30.960
and then you get sued. And you go, how did that happen? I got permission from the author. That's

1097
01:02:30.960 --> 01:02:36.800
because the author already sold the right title and interest to the publisher or to another entity

1098
01:02:36.800 --> 01:02:42.720
that actually owns the rights. I mean, I actually represented Ben Deanda in attempting to obtain

1099
01:02:42.720 --> 01:02:48.560
rights to Carol Kuhlman's entire collection. And we were trying to go down this route. And,

1100
01:02:48.560 --> 01:02:53.760
by the way, looking at some of Carol Kuhlman's stuff, oh, my gosh. I'm sorry, Catherine Kuhlman's

1101
01:02:53.760 --> 01:02:59.680
stuff. Yeah. I mean, just, oh, my gosh. Just amazing. And so, he was trying to put the whole

1102
01:02:59.680 --> 01:03:05.040
collection into one area so everybody could go online, become a member, and then have access to

1103
01:03:05.040 --> 01:03:10.720
it. But the fact was that a certain university had the rights to it. So, we tried to work through

1104
01:03:10.720 --> 01:03:15.520
them. So, even though we spoke to the foundation and the foundation saying, yeah, go for it. You

1105
01:03:15.520 --> 01:03:20.080
know, that's cool. It's not a big deal. I said, hold it. Do they really own the rights here?

1106
01:03:20.720 --> 01:03:26.000
And then, as we dug in, they didn't have the rights. So, the foundation is saying, go forth

1107
01:03:26.000 --> 01:03:30.880
and prosper. And in the meantime, the university is saying, I don't think so. You should speak to

1108
01:03:30.880 --> 01:03:35.520
our lawyers because we have all the rights here. And we're not ready to let somebody else take the

1109
01:03:35.520 --> 01:03:40.800
materials and put it online and have a membership thing. That's not happening. So, these are real

1110
01:03:40.800 --> 01:03:46.640
life situations. So, Rowena, you just, you bring so much to the table and, you know, just love you,

1111
01:03:46.640 --> 01:03:51.920
honor you. You're awesome. So, and thanks for helping me on the first funnel. That was awesome.

1112
01:03:51.920 --> 01:04:00.400
Thank you. So, all, just thank you so much. This is incredible. I'll take like one or two questions

1113
01:04:00.400 --> 01:04:06.880
and then we'll close out our last day. We do have a bonus session tomorrow at 12. I'm doing this

1114
01:04:06.880 --> 01:04:12.240
because you've requested it. So, we'll get together. We're going to do a real live search for logos,

1115
01:04:13.840 --> 01:04:19.120
which is very unordinary. Most people don't know how to search logos on the internet. I'm going to

1116
01:04:19.120 --> 01:04:25.040
show you how to do a trademark search for logos. And separate from that, guys, just light up. Oh,

1117
01:04:25.040 --> 01:04:29.440
you're already doing it. I was going to say, can you light up the chat for Rowena? It's already

1118
01:04:29.440 --> 01:04:36.400
done. These people just love you. That's awesome. So, let me open up the line for anybody who has

1119
01:04:36.400 --> 01:04:46.240
a question. Jennifer, Coach Jennifer, go right ahead. So, what Rowena was talking about and the

1120
01:04:46.240 --> 01:04:54.000
example you gave made me think that even before I take on a client, I might want to know some of

1121
01:04:54.000 --> 01:04:59.840
those things because I'm guessing if they are already in violation of something in some way.

1122
01:05:00.000 --> 01:05:08.000
And I'm not going to take you on then as a marketing client to continue doing what you're doing when you're already in violation.

1123
01:05:08.000 --> 01:05:12.000
You go fix that first, then we'll talk.

1124
01:05:12.000 --> 01:05:15.000
Or I can help you with this other stuff, but not that stuff.

1125
01:05:15.000 --> 01:05:19.000
Because I'm guessing that would make me complicit, potentially.

1126
01:05:19.000 --> 01:05:21.000
Yeah, and you know, it's amazing.

1127
01:05:21.000 --> 01:05:23.000
You're nailing major legal issues.

1128
01:05:23.000 --> 01:05:30.000
What you just talked about, see, in the patent world, it's anybody who makes you sales or imports.

1129
01:05:30.000 --> 01:05:35.000
I don't care if you're the original person or the second person or the third person or the fourth person.

1130
01:05:35.000 --> 01:05:39.000
Anybody in the chain runs into the problem.

1131
01:05:39.000 --> 01:05:45.000
So if somebody has a patent on a certain process and you're helping this party go forth in performing that process,

1132
01:05:45.000 --> 01:05:50.000
you essentially can fall into a section called indirect infringement.

1133
01:05:50.000 --> 01:05:51.000
That's a possibility.

1134
01:05:51.000 --> 01:05:56.000
So you're not a direct infringer, but you could possibly be an indirect infringer.

1135
01:05:56.000 --> 01:05:59.000
That's an analysis that we would have to do over the circumstances.

1136
01:05:59.000 --> 01:06:03.000
But it's really important to understand beforehand, are there issues?

1137
01:06:03.000 --> 01:06:05.000
Are there not?

1138
01:06:05.000 --> 01:06:10.000
Am I essentially becoming an accessory to those issues or not?

1139
01:06:10.000 --> 01:06:14.000
And so at least now you can identify the issues.

1140
01:06:14.000 --> 01:06:19.000
Before, you're just kind of blindly working with people and you didn't know there were any issues at all.

1141
01:06:19.000 --> 01:06:25.000
Now, at least, you know, there may be something to kind of be careful about.

1142
01:06:25.000 --> 01:06:30.000
Yeah. And like Kathy just put in the chat, like this now goes on my client intake form, right?

1143
01:06:30.000 --> 01:06:31.000
Like, what are we talking about?

1144
01:06:31.000 --> 01:06:35.000
And right, because I'm not really interested in sharing a cell with you.

1145
01:06:35.000 --> 01:06:38.000
So let's just let's just get this cleared up now.

1146
01:06:38.000 --> 01:06:45.000
There aren't too many. There aren't too many people who commit patent infringement in the D block, you know, in maximum security.

1147
01:06:45.000 --> 01:06:48.000
Just so you know, because they wouldn't survive.

1148
01:06:48.000 --> 01:06:52.000
They would not survive a day. OK, so.

1149
01:06:52.000 --> 01:06:56.000
Yeah. But maybe blue collar prisoners. I don't know. But not too many people go to prison.

1150
01:06:56.000 --> 01:07:00.000
But there are very, very stiff fines. Very stiff fines.

1151
01:07:00.000 --> 01:07:03.000
Yeah. So, Larissa, you had a question.

1152
01:07:03.000 --> 01:07:07.000
I want to bring up a question that was asked about sharing your wedding inventions.

1153
01:07:07.000 --> 01:07:11.000
What if you're sharing with a close like a family member, personal friend?

1154
01:07:11.000 --> 01:07:21.000
It doesn't matter. There's no such there's no such there's no measuring stick that says how close are they in relationship to you?

1155
01:07:21.000 --> 01:07:25.000
It doesn't doesn't exist. It's a third party.

1156
01:07:25.000 --> 01:07:31.000
I'm the inventor. I'm sharing it with. Now, remember, the three stats to rebars, the way they work.

1157
01:07:31.000 --> 01:07:36.000
The offer for sale bar is it's a commercial offer for sale.

1158
01:07:36.000 --> 01:07:41.000
Right. So it doesn't have to be in writing, though. A commercial offer for sale doesn't mean in writing.

1159
01:07:41.000 --> 01:07:49.000
You can speak a commercial offer for sale. If the other party can accept the offer for sale, then it's considered a commercial offer for sale.

1160
01:07:49.000 --> 01:07:54.000
All right. And then with regard to publication, it has to be readily available to the public.

1161
01:07:54.000 --> 01:07:58.000
And it has to describe the invention so that one of ordinary skill in the art could practice it.

1162
01:07:58.000 --> 01:08:02.000
So somebody picks it up and says, I could practice that invention.

1163
01:08:02.000 --> 01:08:07.000
Right. And then public use is a third party using it for its intended purpose.

1164
01:08:07.000 --> 01:08:16.000
So it but in foreign countries, which we didn't go into in detail, and I don't want to confuse people, but you have the recording so you can listen to it.

1165
01:08:16.000 --> 01:08:23.000
In certain foreign countries, the second you disclose it, gone to the United States has these three these three statutory bars.

1166
01:08:23.000 --> 01:08:29.000
So if I'm if I go right here and I say, you know what, I've got this great new idea has to do with a cell phone.

1167
01:08:29.000 --> 01:08:40.000
And the way it works is if you take one piece of hair and you drop it into this slot, all of a sudden it will give you access to your bank accounts and all this other stuff.

1168
01:08:40.000 --> 01:08:44.000
And now you can just kind of speak to a cell phone and it's going to do all your transactions. Right.

1169
01:08:44.000 --> 01:08:48.000
That'll probably lead to a lot of really corrupt people pulling people's hair.

1170
01:08:48.000 --> 01:08:53.000
But anyways, we're going to put that on the side for a moment.

1171
01:08:54.000 --> 01:09:04.000
The fact that I just kind of talked about that I talked about the portion that would be protectable in the United States, that wouldn't be a publication that wouldn't be an offer for sale.

1172
01:09:04.000 --> 01:09:12.000
And that wouldn't be a public use. So that's not a problem. The problem is in foreign countries, there's an absolute non disclosure requirement.

1173
01:09:12.000 --> 01:09:27.000
So the fact that I disclosed it at that level may be a problem in certain countries. So to be safe, just when you talk about things, just say, I've got a new way of using a cell phone that uses some biomaterial.

1174
01:09:27.000 --> 01:09:39.000
But keep it so high level that people don't know exactly what it is. So when you go into as an example, when you go into your meeting rooms, if you're jumping into challenges, which we all do.

1175
01:09:39.000 --> 01:09:50.000
And in that challenge, it says, hey, I want you guys to go into, you know, I want you guys to kind of talk about your inventions, like, don't go in detail on your inventions.

1176
01:09:50.000 --> 01:10:00.000
What you do is you just add a top level. So like if my invention is a bicycle, well, I found a way to not use a motor and get from a first point to a second point.

1177
01:10:00.000 --> 01:10:02.560
point by just sitting on something, that's it.

1178
01:10:02.560 --> 01:10:04.360
That's top level.

1179
01:10:04.360 --> 01:10:06.220
Nobody knows there's at least two wheels

1180
01:10:06.220 --> 01:10:09.920
rotatably connected to a center mass

1181
01:10:09.920 --> 01:10:12.240
with pedals that allow for acceleration,

1182
01:10:12.240 --> 01:10:14.400
a braking system on a handlebar

1183
01:10:14.400 --> 01:10:15.960
that's connected to the first wheel.

1184
01:10:15.960 --> 01:10:17.260
Nobody knows all that.

1185
01:10:17.260 --> 01:10:19.360
When you start going into that level of detail,

1186
01:10:19.360 --> 01:10:21.040
now you're disclosing too much

1187
01:10:21.040 --> 01:10:23.240
that may be a problem in foreign countries.

1188
01:10:23.240 --> 01:10:24.940
In the United States, you're fine

1189
01:10:24.940 --> 01:10:26.080
because it's not a violation

1190
01:10:26.080 --> 01:10:28.440
of any of the three stat story bars.

1191
01:10:28.440 --> 01:10:31.040
But again, I don't want to give you...

1192
01:10:31.040 --> 01:10:32.520
If you're in the portal,

1193
01:10:32.520 --> 01:10:34.760
you can get a lot of this detail.

1194
01:10:34.760 --> 01:10:39.760
We go into a lot of slow drawing out of things

1195
01:10:39.760 --> 01:10:41.720
and scenarios and what about this?

1196
01:10:41.720 --> 01:10:43.640
What if it's Tuesday?

1197
01:10:43.640 --> 01:10:45.560
What if it's a lunar eclipse?

1198
01:10:45.560 --> 01:10:48.000
Like, you know, we go into everything.

1199
01:10:48.000 --> 01:10:50.740
But for here, I just want to keep it short.

1200
01:10:52.000 --> 01:10:53.820
Christa, you had a question.

1201
01:10:55.760 --> 01:10:57.560
Larissa, is your second one quick?

1202
01:10:58.920 --> 01:11:00.360
All right, let me go to Larissa's really quick

1203
01:11:00.360 --> 01:11:01.440
and then I'll go to you, Christa, okay?

1204
01:11:01.440 --> 01:11:02.340
What was your quick one?

1205
01:11:02.340 --> 01:11:03.400
Good.

1206
01:11:03.400 --> 01:11:05.320
Libby asked, and you can determine

1207
01:11:05.320 --> 01:11:08.380
if you want to like fold this to VIP or otherwise,

1208
01:11:08.380 --> 01:11:09.840
and she might need to clarify,

1209
01:11:09.840 --> 01:11:11.960
what if you contributed to a book?

1210
01:11:11.960 --> 01:11:13.400
Sort of like, I am the contributor.

1211
01:11:13.400 --> 01:11:14.840
We got to cover that in VIP.

1212
01:11:14.840 --> 01:11:16.600
That's very detailed.

1213
01:11:16.600 --> 01:11:18.640
That's a VIP thing, Libby.

1214
01:11:18.640 --> 01:11:19.920
Yeah, it's a great question.

1215
01:11:19.920 --> 01:11:22.060
It's going to take about five minutes to answer that.

1216
01:11:22.060 --> 01:11:23.320
That's a big one.

1217
01:11:23.320 --> 01:11:25.120
Christa, go right ahead.

1218
01:11:25.120 --> 01:11:27.320
I feel like my question might be a little too detailed.

1219
01:11:27.320 --> 01:11:29.120
So maybe we wait for VIP.

1220
01:11:29.120 --> 01:11:30.360
Okay, go ahead.

1221
01:11:30.360 --> 01:11:31.200
You want me to ask it?

1222
01:11:31.200 --> 01:11:32.020
Go ahead and ask.

1223
01:11:32.020 --> 01:11:32.860
I'll let you know.

1224
01:11:32.860 --> 01:11:34.760
Okay, specifically with a patent.

1225
01:11:34.760 --> 01:11:36.800
So you're talking about international stuff.

1226
01:11:36.800 --> 01:11:39.160
Like I was trying to determine whether or not

1227
01:11:39.160 --> 01:11:40.840
if I should file a patent,

1228
01:11:40.840 --> 01:11:44.400
like where it would be manufactured possibly.

1229
01:11:44.400 --> 01:11:45.880
I'm hoping it's going to be the States,

1230
01:11:45.880 --> 01:11:49.680
but what if I'm manufacturing over in China

1231
01:11:49.680 --> 01:11:51.480
but I don't have a patent there?

1232
01:11:51.480 --> 01:11:53.960
Then I'm like, oh, they're going to steal my idea.

1233
01:11:53.960 --> 01:11:55.160
Yeah, great.

1234
01:11:55.160 --> 01:11:57.320
You always have incredible questions, Christa.

1235
01:11:57.320 --> 01:11:58.560
I mean, this entire series,

1236
01:11:58.560 --> 01:11:59.880
your questions have been really good.

1237
01:11:59.880 --> 01:12:02.920
So just want to celebrate you, really good questions.

1238
01:12:02.920 --> 01:12:05.040
So this is what I would say.

1239
01:12:05.040 --> 01:12:06.360
I'm going to keep it very top level.

1240
01:12:06.360 --> 01:12:09.440
And when we go on VIP, we'll go deeper, right?

1241
01:12:09.440 --> 01:12:12.080
The way I tell people for protection and patents

1242
01:12:12.080 --> 01:12:14.480
is I tell them, look at two things.

1243
01:12:14.480 --> 01:12:15.800
Where are the sales?

1244
01:12:15.800 --> 01:12:17.080
Where's the manufacturing?

1245
01:12:18.200 --> 01:12:20.480
Always own the place where you got the sales.

1246
01:12:20.480 --> 01:12:22.600
That is the most important.

1247
01:12:22.600 --> 01:12:24.400
Because if somebody manufactures in China,

1248
01:12:24.400 --> 01:12:26.640
but they only sell in the United States,

1249
01:12:26.640 --> 01:12:28.480
then if I get rights in the United States,

1250
01:12:28.480 --> 01:12:30.280
then they can manufacture anywhere they want,

1251
01:12:30.280 --> 01:12:32.120
but they're never going to be able to sell.

1252
01:12:32.120 --> 01:12:34.640
So I could shut down the manufacturing

1253
01:12:34.640 --> 01:12:37.720
merely by the fact that they can never sell the product.

1254
01:12:37.720 --> 01:12:39.240
All right, so that's one thing.

1255
01:12:39.240 --> 01:12:42.400
That's if I can't afford to get protection

1256
01:12:42.400 --> 01:12:44.080
in the United States and China.

1257
01:12:44.080 --> 01:12:45.600
Because if you try to protect things in China,

1258
01:12:45.600 --> 01:12:47.080
you got to deal with translations,

1259
01:12:47.080 --> 01:12:48.400
you got to deal with a different,

1260
01:12:48.400 --> 01:12:50.240
it's a different legal system, all right?

1261
01:12:50.240 --> 01:12:53.280
And I filed patents in China, so I know the legal system.

1262
01:12:53.280 --> 01:12:55.680
And for those people here that do manufacturing

1263
01:12:55.680 --> 01:12:58.440
and work in China, if you're in the protection portal,

1264
01:12:58.440 --> 01:13:00.440
I can get David Zhao to be a guest.

1265
01:13:00.440 --> 01:13:01.920
He's one of my agents in China,

1266
01:13:01.920 --> 01:13:03.520
so he can come and talk to you directly

1267
01:13:03.520 --> 01:13:06.280
about how do you deal with manufacturing in China?

1268
01:13:06.280 --> 01:13:08.440
What do you do about domain name disputes there?

1269
01:13:08.440 --> 01:13:11.960
What do you do about filing for patent rights there,

1270
01:13:11.960 --> 01:13:12.840
enforcement?

1271
01:13:12.840 --> 01:13:15.160
He can hit all that stuff.

1272
01:13:15.160 --> 01:13:16.920
So I might actually ask him to be a guest

1273
01:13:16.920 --> 01:13:18.200
in the next few months.

1274
01:13:18.200 --> 01:13:23.200
So to answer your question, place of sale, number one,

1275
01:13:23.280 --> 01:13:24.720
the most important.

1276
01:13:24.720 --> 01:13:27.840
Place of manufacturing, second most important.

1277
01:13:27.840 --> 01:13:30.000
The reason why I always say it's manufacturing

1278
01:13:30.000 --> 01:13:32.000
second most important is because

1279
01:13:32.000 --> 01:13:33.640
if they can manufacture it in China,

1280
01:13:33.640 --> 01:13:36.040
chances are they can manufacture it in Malaysia.

1281
01:13:36.040 --> 01:13:39.000
Chances are they can manufacture it in Indonesia.

1282
01:13:39.000 --> 01:13:42.360
So for those reasons, you may shut down this country,

1283
01:13:42.360 --> 01:13:43.720
but now, boop, they go over here,

1284
01:13:43.720 --> 01:13:45.200
and then boop, they go over there.

1285
01:13:45.200 --> 01:13:47.520
But if the only place they sell is the United States,

1286
01:13:47.520 --> 01:13:50.680
I shut down the US, you can boop, boop, boop

1287
01:13:50.680 --> 01:13:52.880
all you want, but you're not gonna ka-ching.

1288
01:13:54.200 --> 01:13:57.680
So that was free.

1289
01:13:57.680 --> 01:13:59.920
That's my beatboxing for today.

1290
01:13:59.920 --> 01:14:02.440
Okay, so that's it for the day.

1291
01:14:02.440 --> 01:14:03.520
Bless you all.

1292
01:14:03.520 --> 01:14:05.920
This has been incredible.

1293
01:14:05.920 --> 01:14:09.520
I absolutely like, I was like coming to tears yesterday,

1294
01:14:09.520 --> 01:14:12.360
kind of thinking about this being the last day.

1295
01:14:12.360 --> 01:14:13.760
We will get together tomorrow,

1296
01:14:13.760 --> 01:14:15.840
for those of you that can at 12 o'clock.

1297
01:14:15.840 --> 01:14:19.640
If you cannot, it's been such an honor serving all of you.

1298
01:14:19.640 --> 01:14:20.560
You're amazing.

1299
01:14:20.560 --> 01:14:22.760
Your giftings are incredible.

1300
01:14:22.760 --> 01:14:25.200
Right back at you, Patricia.

1301
01:14:25.200 --> 01:14:27.720
You're pointing that way and that way.

1302
01:14:27.720 --> 01:14:29.800
Is that like, you're trying to find a new thing

1303
01:14:29.800 --> 01:14:30.640
to copyright?

1304
01:14:30.640 --> 01:14:31.840
Is that what you're doing?

1305
01:14:31.840 --> 01:14:36.520
The public wants to know, are there any more prizes?

1306
01:14:36.520 --> 01:14:38.040
Oh, yes.

1307
01:14:38.040 --> 01:14:39.000
Oh my gosh, that's right.

1308
01:14:39.000 --> 01:14:40.960
We have one more to go through.

1309
01:14:40.960 --> 01:14:41.800
That's right.

1310
01:14:44.760 --> 01:14:45.840
I'm not ready.

1311
01:14:45.840 --> 01:14:46.680
Tomorrow?

1312
01:14:46.680 --> 01:14:47.600
No, no, let's do it now.

1313
01:14:47.600 --> 01:14:48.840
Let's do it now.

1314
01:14:48.840 --> 01:14:51.240
Yeah, and I'm going to give, some of the people dropped off,

1315
01:14:51.240 --> 01:14:53.040
I'm going to give it to them, even if they're not here,

1316
01:14:53.040 --> 01:14:55.880
because I know who was in here originally.

1317
01:14:55.880 --> 01:14:58.320
So I'll be able to know who will get this one.

1318
01:14:58.320 --> 01:14:59.560
All right.

1319
01:14:59.560 --> 01:15:00.400
This.

1320
01:15:00.000 --> 01:15:06.920
one is kind of a big deal. That's so funny. Thank you,

1321
01:15:06.920 --> 01:15:10.920
Larissa. Do you have the wheel up?

1322
01:15:12.240 --> 01:15:15.720
I do. I want to make sure I have all the names. So give me a

1323
01:15:15.720 --> 01:15:19.560
second because we added like, I think two more people yesterday.

1324
01:15:19.560 --> 01:15:21.000
So I just want to make sure they're on there.

1325
01:15:21.040 --> 01:15:25.240
But that Elizabeth and Amber. Yep. And they need to be present

1326
01:15:25.240 --> 01:15:26.120
to win.

1327
01:15:26.440 --> 01:15:28.960
As long as they were here when we started, as long as the

1328
01:15:28.960 --> 01:15:31.800
people were here when we started, because we kind of

1329
01:15:31.800 --> 01:15:36.240
waited to the end. So this is for the one hour alone with me

1330
01:15:36.680 --> 01:15:39.720
on any topic in intellectual property. And just so all of you

1331
01:15:39.720 --> 01:15:44.120
know, the way this work I bill, it depends on the circumstance,

1332
01:15:44.120 --> 01:15:47.840
but I bill for anywhere from a half hour to 90 minutes, I bill

1333
01:15:47.840 --> 01:15:52.920
$2,000. Because I cover all three or all four areas, any

1334
01:15:52.920 --> 01:15:56.200
area of intellectual property. Okay, we'll touch a little bit

1335
01:15:56.200 --> 01:15:58.760
tomorrow on trade secret. There's really nothing in trade

1336
01:15:58.760 --> 01:16:01.360
secret that you really need to know all that much. Because most

1337
01:16:01.360 --> 01:16:05.800
people don't really deal with trade secret law. But why don't

1338
01:16:05.800 --> 01:16:10.800
we go ahead and run that? Go ahead and run that. Please.

1339
01:16:14.120 --> 01:16:15.960
Are y'all I have slow internet.

1340
01:16:16.640 --> 01:16:17.560
Oh, it's fine. It's fine.

1341
01:16:22.440 --> 01:16:24.760
Sue Mae, I don't think Sue Mae was here today.

1342
01:16:25.120 --> 01:16:28.240
We go again, run it one more time, just in case. I'll double

1343
01:16:28.240 --> 01:16:32.120
check on the records and see if she was here. But if not, I

1344
01:16:32.120 --> 01:16:34.800
didn't see her at all. But that's

1345
01:16:40.600 --> 01:16:45.440
another awesome. Alright, so that's the one hour one on one.

1346
01:16:46.560 --> 01:16:50.760
And that was the last one. Okay. So bless all of you. For those

1347
01:16:50.800 --> 01:16:56.080
minutes or so. And for others, I will see you tomorrow. We can

1348
01:16:56.080 --> 01:16:59.640
make it and if you can't make it for either. It's been such an

1349
01:16:59.640 --> 01:17:03.480
honor serving all of you. I hope you receive a good amount that

1350
01:17:03.480 --> 01:17:06.960
will help you on your way so you can do your issue spotting. And

1351
01:17:06.960 --> 01:17:10.600
so that things will, you know, be easier for you. Larissa, I'm

1352
01:17:10.600 --> 01:17:13.320
going to jump off you can handle any other administrative stuff.

1353
01:17:13.840 --> 01:17:15.760
Catch you guys later. Thank you.

1354
01:17:20.760 --> 01:17:24.400
Before you leave scale of one to 1010 being superb. Don't even

1355
01:17:24.400 --> 01:17:28.360
go Peter, everyone else. Let's give Peter some love. Scale of

1356
01:17:28.360 --> 01:17:31.640
one to 10. One being okay. 10 being fantastic. How has he

1357
01:17:31.640 --> 01:17:32.240
felt?

1358
01:17:34.560 --> 01:17:35.680
Awesome.

1359
01:17:37.400 --> 01:17:38.960
One gazillion.

1360
01:17:40.520 --> 01:17:41.360
Libby.

1361
01:17:44.080 --> 01:17:45.080
How many zeros?

1362
01:17:46.080 --> 01:17:52.560
10 XX XXX incredible, incredible infinity and beyond. Absolutely.

1363
01:17:52.840 --> 01:17:56.280
One to the infinite. One to the infinite still.

1364
01:17:59.240 --> 01:18:02.880
I'm not a mathematician, but I do do math for a living. Awesome.

1365
01:18:02.880 --> 01:18:06.080
Awesome. Well, thank you again, everyone for being here. Five

1366
01:18:06.080 --> 01:18:09.080
minute bio break for those of you going to VIP. We'll see you

1367
01:18:09.080 --> 01:18:13.240
soon. Thank you so much and bonus day tomorrow.
