Hello, hello. Happy Friday. All right. Welcome to day five of the Protect Your Idea Challenge.
It's Friday, so we kind of like get laid back, relax a little bit here. We're going to cover
some important content, but at the same time, we're going to have a little fun. So how's
everybody doing? Good. You guys have a good day? Wow. It's quiet. People are like tired.
People are like, it's been a long week. I need a break. Yeah. Wow. All right. Let's
give it a few minutes for people to get in. Hey, Coach Rob, how are you, buddy? Good to
see you. Good to see you. Hey, Han. How are you, Han? Good to see you. Tanja, good to
see you. And Debra, that amazing picture that she keeps up. It's good to see you. And Daphne.
Awesome. Daphne, I left you a message just so you know. Jeff, good to see you.
Let's see. Gloria is here. Rachel. Valerie Banks. Awesome. Patty. All right. Helene's in now.
Okay. This is like Helene's day. She has patents, so she loves this. She loves this stuff. But we're
not just going to cover patents today, just so everybody knows. We're going to go into detail
on a number of different things. And then we're going to put it all together, because it's really
important for you to see that in a normal business, how this all works together. So I'm going to give
you an example, and we're going to walk through it literally step by step, so you can see how
much you've learned in literally like five hours, which is pretty amazing. Because I mean,
I went through three years of law school, five years of undergrad in electrical engineering,
then went through all the other stuff, and you guys get to learn
at least the most important issues associated with businesses within five hours, which is great.
All right. Let's see. And Jennifer's here. Awesome. All right. I'll give it two more minutes,
and then we'll jump in. So, hey, good to see you, Quinn. So anybody who has something to share,
like if you have kind of like a revelation moment, as we've been going through this whole week,
there's something that just as you think about it, you're like, wow, you know, this here,
gold, like this right here, transform my business are really important. If you have one of those
moments, just raise your hand if you want to share that with others, because your reflection
on that actually will help other people as well. I can't stress that enough, because even in my own
networks, when other people are talking about what they're doing in their own business,
it helps everybody who's in the room. So let's see. Hey, Gloria. Good to see you.
All right. We'll give it one more minute. Debra Anderson. Let's unmute.
Hey. Hi. Hi, Peter and everybody.
Hello. Yeah, I had a lot of aha moments, but the main one
that I was looking for happened on yesterday regarding fair use. I'm an author, and I have
and I have taken some quotes and cited the author for part of the part of the work. And so I don't
believe that I'm creating. I'm not. I don't think I do. After listening to your explanation,
having any copyright infringement issues, and that was a big, a big one for me. So thank you
very much. Oh, that's great. I'm glad to hear that too. Because there's a lot of professionals
in this group, Debra, like more so than typically we have a good number of people who are in
business, but then we have a lot of people that are starting business here. We have a lot of people
that are in business already. So it's a much higher caliber of business associates, so to speak,
that are here that are actually implementing things. So that's a really good share,
because the training, the hope is that it will provide clarity in what you're already doing,
so you become more effective. So I'm glad to hear that you're able to implement that. Fair
use is a really interesting area too. You never know 100% whether or not there's an issue.
I've seen people that have fallen on the side of copying more of what other people are doing
and using attributions and haven't gotten in trouble. Then I've seen people just use
a small portion and they get smacked by the court. So it's, it's really is those four factors
individually and digesting them and processing them and then saying, okay, where do you think
the court's going to fall? I mean, I've been in federal district court in a lot of places,
but in Massachusetts, I was in front of Chief Justice Saylor, a tremendous judge, like never,
he never reveals the way that he's going. He's just the best poker player, very blank
when you're in front of him. And he didn't become the chief justice until we were, we were actually
in this case. And then he became chief justice of the Massachusetts federal district court,
which is a very big deal. But I got to a point where I could kind of read him a little bit,
and I could kind of lead him like in some of the, in some of the conversations, because I knew what
he was looking for. So I would give him that information and guide them and guide them. And
that really helped in the case. But, you know, that's kind of rare that you'll be able to
kind of get a good, a good reading on a judge and kind of guide them. It's, it's not always the most
effective way to, to do things. Usually you want really good case law on your hands and fair use.
It's a tricky area, stuff on both sides. So thank you for your share. So let me go over to Quinn.
Quinn is in the house. That's awesome. Let me bring Quinn up.
I also want to make you co-host, I can help you too, Peter.
Thank you. Let me make you, oh, you just moved on my screen. You were right next to me and then
you moved. So let me grab you. She keeps moving on my screen. This is crazy. That's how I roll.
Yeah, apparently. All right. You're co-host now. Great. So Quinn, how are you?
I'm good. I'm blessed. Excellent. Love to say that. Blessed and highly favored. That's good.
Yes, sir. Good. So the takeaways from this week, Section 1B for Entry Marks.
So I learned trademarks back in, so that was the night in my early, no, late teens, early twenties.
I should tell myself how to actually do a copyright. I've asked so many people. They was
like, yeah, you just go and mail out a slip. And I'm like, we're in the age of technology. I think
it's a little bit easier than that nowadays to do, as opposed to filling out the paperwork and
mailing it out. So once I started playing around, learning that, I was like, okay, cool. So years
later, when you was doing this class, I was like, oh, let me get into it so I can learn a little
much more deeper. Because Section 1B and the international search part of it, I didn't know
as much. International class, there we go. So once I started looking into that more, I'm like,
okay, I said everything from back in the days, now I'm clicking much more better.
I said, now I'm going to start putting the ideas that I have. Because at LLC,
this solved it, because I earned Californians about $800, you know, like a year. So I was like,
let me not dive into this yet. Let me put this aside for the time being. But there's
a different business I want to bring back up. So to do this course and learn from the best of the
best. I'm like, oh, thank you. And tap in, learn more of the stuff first, and then get right back
and say, okay, let's put these businesses in order. And the other thing as well, too,
which you mentioned earlier with the fair use, and the four pillars of it, I said, okay, glad
that you talked about that. Because now I get to deeper dive into each and every one of them get a
better understanding. Not for myself, but for my team that I'm teaching now. You know, it's also,
hey, before y'all do anything that y'all say is cool, learn the steps first.
Yes, come on. I mean, I want to applaud you, because like, you've been very active every
single day. I've been watching your videos. I've been watching the text that you put down. And
so you can see how you're implementing it and, and have a feeling like you're not just,
you're not individuals just trying to build something for yourself, you're building for
others as well. And so there's a lot of people are going to be flocking around you and learning
from your elevated level of knowledge, which is just phenomenal. So I just applaud you for
how active you've been in this. And it's been a true honor, like serving you this week. I've
really enjoyed having you here. So thanks for being here. It's good to be here. Everybody as
well, too. Absolutely, absolutely. All right, well, let me do this. What I'm going to do now
is I'm going to start jumping in to patent law. Okay. Now what we've covered so far is we have
covered trademark law, we have covered copyright law, you see the similarities between the two,
you see the dissimilarities between the two. Well, there's another body of law that's called
patent law. Now in the area of patent law, what what you can do with patents,
is that you can stop others from making, using, selling,
or importing your technology.
Okay, so making, using, selling, or importing.
Those are the legal rights that you get.
But remember that the legal right that you're obtaining
through a patent is a right to exclude others,
to stop others.
It's not giving you a right to do anything.
People get this wrong all of the time.
Like every single time I do this training,
people have, there's this belief that if I get a patent,
then I can actually make the product,
or I can use the method.
That is not true.
That is not what patents do.
Patents allow you to stop others.
Okay, if you wanna determine whether or not
you can create the invention in the patent,
or use the method in the patent,
what you wanna do is what's called a clearance search.
Clearance, all right, C-L-E-A-R-A-N-C-E, clearance search.
That's what you wanna do to determine whether or not
you can actually do what you wanna do.
So as an example, let's say you have a new invention,
and your new invention is this really cool headset here.
This is your invention.
So here's your headset, and in your headset underneath it,
there's this piece here for the mic, right?
And the mic can just plug in.
This goes right into its slot at some point.
There you go, and you plug it in.
And now, let's assume that capability did not exist before.
This invention, you wanna actually make you sell
or import it yourself.
If you want to do that, what you need to do
is you need to do a clearance search
to see if there's a patent out there
that talks about a headset having a removable mic,
something like that.
Then you would look at the claims of the patent
to determine whether or not
you might potentially infringe that patent.
Just gonna turn everything off so nobody can ping me.
There we go, good, all right.
So now, now that you've done a clearance search,
you've determined that if I make this, if I sell this,
I won't potentially be sued.
That's what you're trying to figure out, all right?
So that's called a clearance search.
You need to do a clearance search, okay?
Having a patent doesn't mean you can make anything.
Having a patent means you can stop others
from making, using, selling, or importing.
Now, another thing that's really important
to know about patents is that what they do
is that they have a lot of different parts.
There are, hey, Ray, can you do me a favor?
Just keep your eye on the waiting room
because Steve keeps popping up over and over,
but he's not connecting for some reason.
I don't know why.
Yeah, I keep letting him in, too.
Yeah, I think he's having a connection issue on his side.
So just police that because I want to focus on everybody.
All right, so what you want in the claims of your patents,
let me tell you about all the parts of a patent.
There is the title.
There's something called the cross-reference
to related applications.
So if you file a first patent
and then you file a second one
relying upon the first patent,
then that's called, what you want to do is file
what's called a cross-reference to related applications.
So you're going to cite to the earlier patent
if you're relying upon the following date there.
I'll explain that in a moment.
But as far as patents go,
there's the title, cross-reference to related applications.
There's a section called the field of the invention.
There's a section called the background of the invention.
Then there's another section
called the brief summary of the invention.
Then there's the brief description of the drawings.
The summary is also called just summary.
It doesn't always have to be a brief summary.
A lot of times it's just called summary.
Then there's the detailed description.
Then there are the claims.
Then there's the abstract.
Like there's a lot of parts to a patent, okay?
The claims, just remember this,
the claims of the patent dictate
how much coverage you have with your patent.
So I'm going to give you an example.
If I write a patent on a bicycle,
it might say in a claim,
a riding apparatus comprising a center mass,
at least two wheels rotatably connected to the center mass,
a steering mechanism,
connected to a first of at least two wheels, a seat removably connected to the center mass.
Those might be elements of the claim of the patent.
Now, in that claim, I didn't mention a chain.
I didn't mention pedals.
I didn't mention a horn.
So that means that that claim is very broad.
There's a lot of things that could potentially infringe what I just said.
A motorcycle would infringe that patent, right?
A moped would infringe that patent because those claims are really broad.
Now, if in the claims, I also added something like at least two pedals, having a chain connected
to a mechanism for harnessing power from the pedals as someone applies pressure to the
pedals, now I'm making the claim more narrow, more narrow.
There's less of a chance of somebody infringing your patent if it has a lot, a lot, a lot
of different limitations.
Why am I telling you this?
If you ever hire a patent attorney to draft the patent for you, look at your claims.
See if they're really, really, really long.
If your claim is like a page and a half long, the chances of your patent being valuable
is very low.
The more words that are in the claims of your patent or the more limitations in the
claims of your patent, the less value your patent will likely have.
The less number of limitations in your claims, the more value because your patent becomes
broader.
So with that, let me give you a real practical example because I'm all about practical examples
in case you haven't figured this out yet.
So here's a practical example.
You have two options.
You can own the patent on a stool, which has three legs and a base, or you can own
the patent on a chair, which has four legs, a base, and a back.
So in the chat, I want you to type, if you want the patent on the stool, type the number
one.
If you want the patent on the chair, type the number two.
So I want to see what you put in the chat, and so everybody should vote on this.
So we've got stools.
We've got chairs.
Yep.
Keep it going.
I want everybody to volunteer with this.
And remember, you're in a learning environment, so don't worry about getting things wrong.
In case you haven't figured that out, nobody is getting made fun of here.
This is a learning environment.
So we've actually got about an even number between 1s and 2s, and then we've got a bunch
of 1s that are at the end here.
OK.
All right.
And stool, because it's more general and encompassing, question mark.
Yeah.
OK.
All right.
So let's go into this in detail.
A base and three legs is what's in a stool.
So does a chair have at least a base and three legs?
Yes or no?
It does, right?
So if you own the patent on the stool, you can stop people from making the stool, and
you can stop people from making the chair.
Do you see that?
If you own the patent on the chair, you can only stop people from making the chair.
Now, you may also be able to stop people from making a sofa, because a sofa is a form of
a chair.
There's at least a base, four legs, and a back, right?
So you could probably stop people from making a loveseat, making all sorts of different
types of chairs or couches or loveseats.
So the patent on the chair is valuable, but the patent on the stool is even more valuable.
The more things that you can stop with your patent, the higher the value goes.
So just keep that in mind.
Is everybody with me so far?
Okay.
So again, a patent allows you to stop others from making, using, selling, or importing.
If you want to determine if you can make a product or service, do a clearance search.
If you want to determine whether or not you can file a patent on something, you can do
what's called a patentability search.
So it's a patentability search.
And in that process, what they'll do is they'll look for any publications that kind of describe
what you have.
And if there are publications that describe what you have, you know that you shouldn't
file a patent on it, because you'll never get a patent, because it's already existed.
All right.
Now, there's different things that I'm not going to go into, like Section 102, Section
103, Section 102B, and like novelty and obviousness.
I'm not going to go into all of that.
I think what's more important is the...
make sure that you understand if you have,
like, what is protectable under patent law?
You can protect a system, a method, an apparatus, a design.
If you can asexually reproduce a plant,
you can file a plant patent
on an asexual reproduction of plants.
Hey, go crazy, all right?
If that's what you can do.
And all right, here,
for a second gift card,
somebody type in the chat,
a company that has patents
on asexually reproducing plants.
I want you to think about this.
What's a company that has been genetically,
I'll just say the word genetic,
that's all I'm gonna say.
Yup, Misanto, that's right.
So, Latanya, you're gonna get
the second $100 gift card, okay?
So, Daphne got the first one,
you'll get the second one, okay?
So, you're so welcome.
Yeah, so here's the deal.
What Monsanto figured out how to do,
and a number of other companies,
is they learned how to genetically modify plants.
And so, when they get to the point
where they can create something,
they'll file a patent on that genetic modification.
Now, nobody else can make
that same genetic modification.
You see that?
That's how asexual reproduction of plants is done,
which is not the best thing in the world, not at all.
So, all right, so with that being known,
you can protect, again, an apparatus like this mic,
you can protect the system,
which is the mic, the headset with the mic.
You can protect the method,
which is the method of getting audio into my head
using this headset, which is one of my favorite headsets.
I use it for gaming, actually.
I still game.
I've been gaming for like 30 something years.
That is crazy.
I'm still a gamer.
My wife loves it.
She'll come in and just watch me do gaming.
So, it's how I relax.
But you can protect the system, the method.
So, let's say you have a new way of doing business.
That way that you do business may, in fact,
now I can let my son off the hook, Peter.
Yeah, that's exactly right, Daphne.
Like my parents used to say,
no, no, don't do gaming.
You're not gonna do well in school, blah, blah, blah.
I said, really?
Really?
Anyways, we don't have that conversation anymore.
But you can own many different things through a patent.
Now, here's the thing.
Patents are the most expensive
of all the areas obtaining legal rights.
They are the most expensive.
Copyrights are the least expensive.
Trademarks are the next when it comes to expensiveness.
Patents are the most expensive.
I have written patents for people
that were like 27, $28,000.
I wrote a patent for somebody in artificial intelligence
that was 200 and something pages long.
It was a book.
It was a book upon a book.
And we ended up having to split that
into multiple different patents
because the USPTO came back.
The United States Patent and Trademark Office
came back and said,
hey, you've actually got multiple inventions here.
So he actually got a ridiculous discount
because it got turned into four patents for him.
And typically a patent in software
costs between 12 to $13,000.
So he ended up saving a ton of money
because we filed it all as one application.
He just split it into others afterwards
using what's called a continuation.
You don't need to know that.
The whole point of this is that patents are expensive.
So the government said,
well, okay, if patents are that expensive,
how can we set up a way for people to protect their rights?
And at the same time,
how do we make this available
when they don't have a lot of money yet
because it's a startup?
Or they've got five different ideas
and they don't want to spend $10,000 per idea,
thereby spending $50,000.
They want to spend less.
How can we make it so that
they can basically stake their claim to an invention
and then within a year, test the market,
do all sorts of really cool stuff.
And at the end of that year,
make a decision as to whether or not
they want to file a full blown patent, all right?
So what I want you to realize
is that the way that you do that
is through what's called a provisional patent.
It's called provisional patent,
P-R-O-V-I-S-I-O-N-A-L, provisional patent, okay?
Provisional patents only require
some kind of detailed description,
and at least one drawing
if necessary to understand the invention.
And then you've got to put a title on it to it.
So it really only requires like three parts.
That's it.
But remember the utility patent,
you had cross-reference related applications,
fill the invention,
background of the invention,
summary of the invention,
brief description of drawings,
detailed description,
abstract claims and drawings.
Provisional, you only need title,
detailed description,
and at least one drawing
if necessary to understand the invention.
You don't even need claims.
You don't need an abstract,
no summary.
You don't need a background.
You don't need any of that stuff.
So you can save money by filing
what's called a provisional patent application.
Just keep that in mind.
So if you're just starting out
and you're thinking,
oh my gosh,
I got to stake a claim to this stuff,
but I want to see if I can get some financing
behind my invention.
I'm going to approach some angel investors
and see if somebody will throw $250,000
or even $100,000 into my company,
then you're going to want
to file a provisional patent application
because that will hold the time for you.
Yeah, I'll explain what patent pending is in one minute.
Good question, Jeff.
And Jennifer alluded to this as well.
So provisional patents,
the reason why you want to at least
file a provisional patent
before you disclose anything
is because in the United States,
there are three statutory bars.
If you violate any one of the next three
that I'm going to mention to you,
your invention is considered donated to the public.
That means it's gone.
You can't own it.
You basically spend all your time
and money developing something
that now belongs to everybody else.
That's a really big deal.
There was a company,
a pharmaceutical company,
that came up with a brand new drug.
Pharmaceutical companies spend a lot of money
doing FDA testing,
trying out different types of drugs.
They'll go after like 10 different drugs,
and then they'll narrow it down to two
that they think are most likely to be successful.
Then they'll do all the testing on them
over like five, six, 10 years.
Then they'll seek FDA approval.
So like after 17 years,
they've got a drug that they can actually market,
and it's one drug when they started out with 10.
So they spent a lot, a lot,
and I'm not endorsing pharmaceutical companies.
I'm just telling you how this works, okay?
So with that being the case,
this is a real life situation that happened.
Pharmaceutical company came out with a new drug.
They decided that they were going to file a patent on it,
but before they filed a patent on it,
one of their representatives went to a trade show,
and at the trade show,
they gave all the information about the drug,
the compositions of the drug.
They offered it for sale, for bulk purchases,
as they were going into the actual process
of creating large numbers for sales to different locations,
and they hadn't filed a patent yet.
So time goes on, about two, three years later,
somebody at the pharmaceutical company goes,
you know, we need to file a patent on this.
Like, yeah, you nailed it.
Somebody got fired, yeah.
And it was this guy that I'm talking about.
So this guy went to the trade show,
had not received permission from the company to do this,
just wanted to market it
because he was part of the marketing team.
So he wanted the company to look good.
But what he did when he did that
was he publicly disclosed what the invention was,
and he offered the drug for sale.
So that started the bar in the United States
for the on-sale bar.
It's called the on-sale bar.
If you offer your invention for sale,
and your invention is substantially complete,
okay, or like it is,
think of you have AutoCAD drawings.
If you have AutoCAD drawings for your apparatus,
or you've made a prototype,
that thing is ready for patenting.
Like, it's ready for patenting.
So if the invention is essentially ready for patenting,
and you make a commercial offer for sale,
and just be clear, a commercial offer for sale
doesn't even need to be in writing.
I can make a commercial offer for sale to Daphne right now,
just because I like her.
Like, hey, Daphne, this headset here is one of my favorite,
been using it for gaming.
Like, I'm gonna sell it to you for 10 bucks.
That's an offer for sale.
And it's even recorded, right?
Because we're recording this whole thing.
So it doesn't necessarily have to be in writing.
On top of that-
The inventor doesn't have to be the one
who offers it for sale.
It can actually be a member of your company
that offers it for sale without your permission.
This is why it's so vital to make sure
your marketing team understands what I'm teaching you here.
You should be taking this training that I'm doing
and you should be talking,
like have a meeting with your marketing team
and say, hey, guys, gals,
let me talk to you about a number of things
that I learned over the last week.
Number one, trademarks this.
Number two, copyrights that.
Number three, patents this.
I wanna make sure that all of you are up to speed on this
because I don't wanna lose stuff from the company.
I don't want you using stuff that belongs to other people
and I get sued.
And I don't wanna be in a situation
where the value of my company decreases.
It should be going up.
Like you're brilliant in your ingenuity
as marketers and as engineers and as creators
should be something that I can monetize
and make more money, not become more vulnerable.
And that's why you wanna explain to them
what you're learning in IP right now.
So in that situation,
since he offered the invention for sale,
three years later, they file a patent on it,
they get the patent, they get FDA approval.
I think it's like 17 years now
from since they created this thing.
The patents alive, they start selling the drug.
All of a sudden somebody comes out with a generic,
like immediately they come out with a generic.
So what happens?
The large pharmaceutical company
sues the company that created the generic.
During discovery, as they were requesting documents
and all this information, request for production
from the other side and doing depositions,
the smaller company that made the generics
found out that the larger company went to a trade show,
offered this thing for sale more than one year
prior to the filing of the patent application.
That means that the patent is invalid.
Do you have any idea how much money
that pharmaceutical company spent
going through multiple different drugs
to come down to the ones that we're gonna pursue,
to then go through testing, to then get FDA approval,
to then file the patent on a pharmaceutical,
which is expensive in and of itself,
obtain legal rights to it, assert their legal rights,
all to find out that somebody on the marketing team
offered something for sale.
That's a big deal.
And it wasn't the fault of the person in the marketing team.
Nobody ever taught them IP law.
There was no protect your idea challenge back then.
So for that reason, they didn't know this stuff.
So I would encourage you to talk to your marketing teams,
make sure they understand this stuff.
It's just gonna help them
and it's gonna help you in the long run, okay?
So with that, bazinga.
With that, you just wanna be careful
that you don't offer something for sale.
Number two, how many of us here get excited
when we have something new,
like some new creation or invention or like new trademark
or, oh my gosh, right?
Really excited.
This is the best thing ever.
Exactly, yeah.
Hans is exactly right.
So this is what we do.
What is the name of the movie?
This is what you're doing.
This is what I want.
What's the name of that movie?
Does anybody remember the movie?
Somebody type a new chat.
It's in a movie.
This is what you're doing.
Say the line again.
This is what you're doing.
This is what I want.
And I can't remember.
It's a hilarious scene in the movie.
But anyways, I understand we all get excited.
Believe me, I get it.
I get excited when I come out with something new, right?
My kids do something, I get excited.
I wanna tell the world.
They're incredible, which they are.
They're a remarkable blessing to me.
But, but let me tell you what people do
that results in them losing legal rights.
They go onto their websites.
They go onto Facebook.
They go into other places.
They take a picture of what they're doing
and they tell the world.
All right?
You cannot publish the invention.
You can't do a publication,
like a write-up to explain your invention
so that one, basically one of ordinary skill in the art
can practice that invention.
You can't do that.
That's called a publication.
So I was doing a presentation at Dartmouth.
I was asked by Keith Poulsen,
who is the head of their medical device department.
He asked me to come and do a presentation on IP
as it pertains to medical device students, right?
Anybody who's gonna be doing work
in the medical device industry.
So this is what happened.
I'm in there.
I'm explaining to everybody what publication is.
I said if your invention is described in any kind of way, shape, or form
and readily available so that other people can have access to it,
and it describes the invention so that one of ordinary skill in the art
can practice the invention, that is considered a publication.
You have one year from that date to file a patent application or it's
considered donated to the public. And in foreign countries,
the second you did that, you lost all rights in foreign countries,
except for like a small number of exceptions to the rule which give you
like three months, you know, a three-month waiver.
I wonder if you can guess what happened in that classroom the second I said that.
The second I said that, the students, like probably 20% of the
students, stood up and ran out of the class.
Let me explain to you why, okay. This was, yeah, people get out their
phones. Yeah, they literally got up and ran out. Let me explain to
you why. They had just had, this was a,
the graduate students, right? These guys were going for their PhD.
Well, what do you have to provide with your PhD?
Your thesis, right? What does the school do with your thesis?
They make it publicly available to everybody within the school.
They had just submitted their thesis about, I think it was about a week and a
half prior to the class, okay.
Now, what they realized, many of these people that
create a thesis, they're writing the thesis on what they want to build
as a company. This is the essence of their company.
That's what they put in their thesis because they're pursuing
their business creation and they're also getting credit for it at the
same time. It's smart. I mean, that's what you want to do,
right? Why shouldn't I spend the next six months
working on my own business in the creation of my own thesis? Why not?
Kill two birds or help two birds live with one stone. I hate saying
kill two birds because I have a bird. In any case, let
two birds live with one stone, right? They literally got out and ran out,
ran out. I started smiling and Keith Poulsen
yells, get back in your seats. That's disrespectful. I said, no, no,
let them go. Let them go, right? He says, I don't understand. What do you
mean? I said, I guarantee you any one of those people that just got up
just wrote their thesis and just submitted it
recently. He says, oh my gosh. What they did immediately at Dartmouth
because of that class, the medical device group, they immediately reached out to
the heads of the different classes and said, please don't publish
the thesis until these guys file at least a provisional patent application.
Otherwise, they'll lose all potential foreign rights
for any of their technology and that's the essence of their entire company
that they were just graduating and going to build.
Do you see why this knowledge is so vital?
Just that one fact there could save you an entire
entire company or at least a technology for your company.
Make sure that you're not out there publishing your invention to others
until you get something filed. Another thing that people will do is
they'll be in conferences, they'll be in
challenges, they'll do other things like that. What do they do?
They go into these rooms and I cringe whenever I see this. People
who have been through my challenges will ping me
immediately and say, such and such did this, such and such did that. I'm like, I
know, I know. People just don't know this.
They'll have these breakout rooms and in the breakout rooms, they'll say
tell other people what your invention is
so that you can share with each other and donate with each other.
Now, just to be clear, the best of intentions, like the absolute best of
intentions, but the fact of the matter is there's a
few issues with that. Number one, it could be considered a public
disclosure. Number two, you've got other people out learning about your
invention. That's probably not the best thing in the world to do,
especially if it's something like a trademark, like a word mark.
That's the worst place you want to mention it. I don't care. I don't care
what challenge you're in, what conference you're in.
I don't care who it is in front of you. Don't go telling them your trademark.
I know of a specific individual who is very well respected,
one of the best individuals in creating challenges.
He was in his own conference, his own conference, like you can't make this up,
his own conference. People paid to see him speak.
He talked about a new trademark that he was going to use for a new course.
Somebody in that room immediately went on to, I think it was GoDaddy,
and bought the domain name for that exact name,
in the conference, for this individual that they paid to see.
I mean, I'm sorry, that's just disrespectful.
That's just, you just don't do that.
That's just bad business.
He was beyond livid.
Like, beyond livid.
And the other person, finally, when we explained it all to them,
reality hit of what they actually did.
They didn't know the gravity of it.
And so they just kind of surrendered.
They're like, I'm so sorry, I'm sorry.
And they let it go.
He'll never do that again, without a doubt.
But the fact of the matter is that this is the way people think.
They just, oh, that's, you know, Gloria just came out with a really cool name.
Let me see if the domain name's available.
Oh, it is.
Let me buy that.
I might be able to sell it one day.
Yeah, to Gloria, because Gloria came out with the name.
So just be careful when you're in these conferences,
when you're in these challenges, when you're in these workshops.
Don't go disclosing your inventions.
Don't disclose your trademarks.
Don't show your logos, if you haven't gotten anything filed.
Because you can end up in a really messy situation.
So we've covered the publication bar.
We've covered the on sale bar.
The third bar is called the public use bar.
Public use bar.
Okay.
What that says is that if the invention is being used for its intended purpose
by a member of the public
and more than one year passes,
then the invention is considered donated to the public.
So as an example, I like Helene, right?
I know her personally.
And so let's say she's my neighbor.
So I come up with this brand new bicycle
and I go over to Helene and I say, hey,
I just created this new bicycle.
You want to check it out?
And she's like, yeah, sure.
I said, you know what?
You can just, why don't you just keep it?
You can use it.
And so she does use the bike around
and it has like this automated sequence where it gets to know your body.
And so it regulates the speed by that.
And it regulates all sorts of things based on getting to know you, right?
It uses artificial intelligence.
And so it's learning things
and it's giving you a better ride because of that.
And she's using it and she's enjoying it.
Two years later, I go, you know what?
I've got enough money now.
So I'm going to file a patent on that bicycle.
I can't.
Now, just to be clear, I could, I could,
I can go through the whole process of getting a patent.
And then if some other party comes over
and finds out that I did that more than one year prior
to the earliest priority date
or before the earliest patent was filed,
that patent will be invalidated
because I gave it to a third party and just said,
Milli Vanilli, go do what you want with it.
Because I don't say willy nilly.
All right.
So for that reason,
you don't want to just give it to a third party.
Now, let me tell you an exception to the rule.
There's an exception to this rule.
What the exception is called is experimental use.
Okay.
That's the exception to the rule.
It's called experimental use.
So let's say instead I give it to Helene
and I say, hey, Helene, here's the deal.
I've got this new bike.
I want you to check it out.
I want you to give me feedback on it.
I'm going to give it to you for like three months.
I'm going to give you for two months.
Try it out.
Use it in different situations.
Give me feedback on it.
When it's over, I want to get the bike back.
Okay.
That is, that's experimental use.
I'm looking to get somebody to test it,
to give me feedback.
I might tweak the bike.
I might do some modifications to the bike,
to the invention because of that feedback.
That's considered experimental use,
which is an exception to the public use bar.
If that's your case, then that's allowed.
So if you think of companies that do beta testing
or alpha testing for software, right?
They take a select number of individuals.
They send them a copy of the software
and they say, give us feedback about the software.
They get that feedback and there's no money exchanged.
Like there's, that is not considered a sale.
It's just give me the feedback.
And then once that window's closed,
we're going to close your access to the software.
That's called a beta test or an alpha test.
All right.
Like I was one of the beta testers
for Dragon NaturallySpeaking like ages ago
when Dragon NaturallySpeaking came out.
So I was one of the people that did beta testing
for their first software round.
For dragging naturally speaking and that's allowable. That's okay because they might modify the software based on that
So that's okay
but if you don't fall into that exception if you either do the offer for sale the public use or
The publication your inventions considered donated to public gone
Gonzo can't get it back
No collecting your $200. It's over
Got it. So, please don't do any of those things
Really important and make sure your team understands this
Especially your marketing team the job of your marketing team is to let everybody in the world and their mother know about your technology
And want to sell it and sell your programs and like, you know, so they're just doing their job
Unfortunately a large number of the violations to these things that I'm telling you about
Happened by the marketing team
Because nobody pulls the marketing team to decide to teach them any of this
It's not their fault
Like you know who learns about this stuff the CEOs of the companies the presidents of the companies and maybe the CTO
The chief technology officer might learn about this stuff
Right a division head might learn about it the owner of the company and then you know what happens
Nobody else learns it
I mean
I mean in a large corporation
Does the CEO actually go and make the product do they actually sell the product?
No, so it's important to tell the people on the ground how to work these things out
So it's important for you to get this information to them as well. Okay
All right, so we've talked about the three statutory bars
I'm gonna tell you a quick story. I tell you a quick story before I tell you some more. All right
This is kind of
It's interesting. This is a true story. I'm not making this up. This is an example of the public-use bar in action. Okay?
this man creates I
Just love this story. All right, this man creates
What women used to use a long long time ago do you remember remember that thing that used they call it
What is a corset?
right
Right, so they used to wear the corset like to ya exactly
It was just it was just for their for their like posture. That's all it was. Yeah
Anyways, they would force them to wear these corsets, right?
Okay. Well this gentleman created a new corset a new it was the springs that were utilized
It was the coils that were utilized that were new. Okay
He gives the corset
to
this individual
All right. Okay, this individual becomes his girlfriend and then becomes his wife
All right. Does this this story is really interesting. I'm just gonna say it is not legal advice because I want to drink
So there's not legal advice
Okay
So now his girlfriend at the time
He tells her to wear the corset and he asked her for feedback. She gives him feedback blah blah blah
He files a patent application blah blah blah. Okay. All right
Some years later he files a patent he gets a patent another company finds out about the course it starts making it
He sues that company based on his patent
In the case is hilarious in the actual case in court
the other side the party that was that was accused of patent infringement
Questions the former girlfriend who is now his wife
And they ask her questions of you know, when did you start wearing the corset and
She tells him the truth and they find out that in fact
He had a third party using the invention three years prior to following a patent in the patents invalidated. Okay
Somebody tell me where you wear a corset
It's
Underneath your clothing, right? It's not on top of your clothing
So again, somebody told me
How someone found out that his girlfriend?
Was wearing a corset
More than one year prior to the following of a patent application
It's worn underneath the clothing that that no answer ever came out to that in the court case
But it's an actual real court case, it's it's hilarious attorneys just we love that case we're just
Cuz somehow somebody had to find out that she was wearing it
I'd like to know how they found that out personally that would make the case go from like
Federal District Court to like Judge Judy. Okay, it'd be like a whole other story. So alright, so with that
Now we've talked about this
That's Tory Bars, okay?
Let me talk about patent pending.
You can only say patent pending
after you file a patent application.
You can say it after you file
a provisional patent application,
or after you file a utility patent application.
Either one.
If you file a provisional patent application,
it holds the date of filing,
and within one year,
you have to file a utility patent application.
That's the big one.
So the government said you could file
the little one for now,
preserve the filing date,
and within a year,
you have to file the big one.
So they allow you to do that.
And then at year,
in that year,
you can test the market,
you can do all sorts of stuff
to determine whether or not
you can obtain the money
to pay for the larger patent.
So that one year is very valuable.
The second that you file
either a provisional patent application
or a utility patent application,
you can say patent pending.
This is extremely effective.
Extremely effective.
If you want to do something
that is like high-level effective,
if you file two provisional patent applications,
you can say patents with an S pending.
Nobody knows if that's two,
50, 100, 1,000.
Nobody knows.
Because patents are confidential
up to 18 months after the filing of the patent.
So nobody's going to know about it.
And if you file a provisional patent application,
it remains confidential,
meaning not published,
the entire life cycle
of the provisional patent application,
which is a full year.
So let's say Marilyn has this really cool
new system and method.
And so she files a provisional patent application.
She gets to say immediately patent pending.
Let's say she has two.
She gets to say patents pending.
Now she's building a company.
When the competition looks at her company
and it says patents pending,
it puts them on hold.
Like it makes them think twice before they copy her.
Because they don't know what her patents cover.
They don't know what her patent applications are covering.
And the fact of the matter is
that the government is not going
to make it publicly available
until 18 months after filing.
Now here's a little secret
that a lot of people don't know.
If you're never going to do foreign filing,
if you're never gonna seek rights in foreign countries,
you can actually file your patent application
and ask for it to remain confidential
until such time as it's issued.
That's a very effective way of doing business.
That way the competition can't see any rejections.
They can't see what your claims look like.
They can't see anything.
They just know you have a patent pending.
Highly effective strategy.
And I mean, highly effective.
But what you have to realize is
at some point you have to change it
from unpublished to actual published
before your patent can issue.
Okay?
That's a very, it's a very strong strategy
when building a business.
File more than one provisional patent application,
say patents pending.
Competition doesn't know what it is.
Let it be maintained as confidential
until your patent issues.
It might take two, three years until your patent issues.
So you get the advantage of scaring your competition
for multiple years.
That could give you the leg up that you need
to be more effective and more successful
within your business.
So keep that in mind.
That's one way of doing business
with provisional or utility patent applications.
But remember, you can say patent pending
right off the bat.
Now, when your patent issues,
the day that your patent issues,
you want to take that patent number
and you want to put it on your packaging
or put it on your product,
put it on your marketing material.
The reason why is because you want to place the public
on notice of your patent.
Why is that?
Let me explain to you exactly why.
And I'm going to explain it to you in a litigation matter
that I was handling personally.
One of my clients,
well, they became my client after they got sued,
a corporation in Massachusetts.
They got a lawsuit filed against them
in the Federal District Court of Massachusetts.
Person, the corporation calls me up,
say, yeah, I'm happy to represent you.
I do some investigation into the company that sued them.
I find out that they actually never use
the patent number on anything.
Never.
Not once.
There's not one marketing pamphlet.
It's not on a website.
It's not on the product.
It's not on the packaging.
Nowhere.
Okay?
They just-
a major patent litigation matter against my client.
It's not uncommon to spend two, three,
$4 million plus in patent litigation.
Patent litigation is one of the most expensive
litigations that exist.
So you don't wanna be in litigation, okay?
They hire me.
I find this out.
I reached out to opposing counsel.
I said, you know what?
You've got two options.
Number one, you can offer us a license
from now going forward,
and we can discuss that
and maybe even take a license from you,
or maybe even do a partnership agreement
and work together going forward.
Or we can just stop doing
what you've alleged we're doing,
but any way you shape it, any way you do it,
you're not getting a penny out of us.
And he said, that's baloney, Mr. Nevis,
that there's no way that's possible.
Your client is making exactly what's in the claims.
And between, I wasn't gonna tell him this,
but he's pretty darn right.
The patent was good, right?
And the chances of infringement were fairly high.
Could I have gotten the client out?
Probably, but it would have been a hard case to win, okay?
So, but the fact is he never marked.
He never placed my client on notice.
See, there's a requirement to get damages
in patent infringement.
You have to place either a person on actual notice
or what's called constructive notice.
Actual notice is, I send a letter over to Jocelyn,
and I say, hey, Jocelyn,
you're doing exactly what's in my patent.
Here's a copy of my patent, I want you to stop.
That's actual notice, okay?
People do that in cease and desist letters.
They do it in lots of different ways.
That's actual notice.
They are actually receiving notice.
Constructive notice is when you put the patent number
on your product or on your marketing material
or in some other way,
so people know that it's covered by a patent.
If they don't receive actual notice or constructive notice,
there's no damages.
How in the world is my client supposed to know
you have a patent if you didn't tell them?
I mean, will you expect them to be like omnipotent,
you know, or omniscient in this case?
Omnipotent is, you know, all powerful.
Omniscient is all knowing.
So like, do you expect them to just know everything?
There's no way for them to know you got a patent.
You got to tell them.
And you never told them.
So my client's not going to pay you a darn penny.
I guarantee at the end of the day,
your client's going to spend a lot of money
and I'm going to file a motion to dismiss.
And I'm just going to say, you know what?
Yeah, I'm actually okay with saying we infringe
because I know we're not going to pay a penny.
We'll spend less money saying that we do infringe
and there was no notice
than saying that we don't infringe
and having to prove that we don't infringe.
So I'll go the route of saying, yeah, we do infringe.
There was no notice.
I'll be out very shortly with no attorneys,
with almost no attorney's fees.
Well, your client's going to be livid
because you were the ones that actually got them the patent.
So it was your responsibility
to tell them to mark their product.
We got out of that litigation
within a month and a half, it was over, right?
So just remember, if you get the patent,
you want to mark your product, really important.
All right, and with that, Ray,
I want to, can you pop up the scenario?
Do you have the scenario now?
Yeah, let me find it.
Give me just one second.
Yeah, yeah, take your time, take your time.
I want to, what I want to walk everybody through
is an actual factual scenario that I came up with, right?
It has different facts in it.
And as you read this, you should know
what area of IP pertains to the sentence, all right?
And so what we're going to do is I'm going to read them
like one line at a time,
and then you're going to type in the chat
what area of IP pertains to that line, okay?
This is how you get to test whether or not
this week has been effective for you.
Let's put it that way.
Okay, I do have it,
but it was one that I threw in a template design
and I don't know how to zoom in here.
So I'm trying, hold on.
That's okay, I think it's on the Google sheet.
I think it's actually on the Google sheet.
Here, I'll show you. The scenario's on the Google sheet.
Just know that full screen's here, but-
Yeah, that's fine, that's fine.
Okay, perfect. That one's fine, yeah.
I mean, we have different versions of this,
but this one's easier to read.
As you can tell, Ray is very organized, so yeah.
Meaning, I mean, look how clean this is.
Only when you let me, let me be.
Yeah, compared to my version.
My version is like a million words all over the place.
Hers is like scenario one, two, three, four.
It's like very clean.
So yes, we all love Ray.
All right, so let me walk you through this.
So we're gonna start out with it sentence by sentence
and you're gonna-
type in the chat what area of IP pertains to what is on the screen. We're going to start
out with line number one. I'm going to make the chat bigger so I can see this.
Okay, here we go. Now I can see.
Oh, Helene. Helene, that's a good point. Remember how I told you this is Helene's favorite day?
She just raised a point to me, which is a really, really, really good point.
I'm going to share this for all of you because I've talked about this before,
but I didn't mention it this time. If you're a solo inventor and you file a patent application,
you can actually file as what's called a micro-entity, in which case your fees are less
with the government. There's micro-entity, there's small entity, and there's large entity.
Large entity is 500 more employees or 500 more individuals. Less than 500 individuals is called
small entity. Micro-entity is one individual, or if you have an educational institution,
you can claim to be a micro-entity. There's different qualifications for it. You can look
it up on the USPTO website. Thank you, Helene. That's a great thing to mention to people.
Number one, you own a small company called Burger Town. Man, you guys are all over this.
I didn't even say it. Look, Jocelyn's numbering the scenarios and writing down the answers.
This is great. I love it. I love it. Yes, you own a small company called Burger Town. Burger Town
is a wordmark. It is protectable under trademark law. Number two, it says your number one selling
burger is called the Belt Buster. For that, what do we have? Trademark, yep, trademark,
trademark. That's right. Very good. Look at that. Come on. Giddy up. This is awesome. Yes,
Belt Buster. I love this. This is so satisfying. I love this. See, everybody's getting it. That's
right. I'm so proud of them. The name is right. It's a name. Now, there are two words there,
still trademark. Boom, you got that right. Now, we're going to start getting a little more
complicated, going into a little more detail. Helene, you're going to want to change it to
come off of direct message to the other version so other people can see what you type to at this
point. All right. Number three, you have a website advertising the company, providing a menu,
and describing ingredients, preparation techniques, and health information
regarding each item on the menu. What are the different areas of IP for scenario number three?
Let's see what you guys get. I'm seeing copyright. Yep. I'm seeing patent, possibly. Yeah.
Okay. Let's go through this together. It's a website. We know that websites are protectable
under copyright law. We know that the words on the websites are protectable under copyright law,
and we know that the images on websites are protectable under copyright law.
Now, if you have downloadable forms on your website or on your funnel, your forms should
be protectable under copyright law as well because they're writings. Let's say you have a website,
and on there, there's a link for somebody to download a PDF. Make sure on the PDF,
you put your copyright notice. Then on your website, you should have your copyright notice
as well. In your terms and conditions or your terms of service, you should actually have
in there a statement with regard to intellectual property law. That's really important to keep in
mind. A lot of people within the network actually end up asking, well, I need terms and conditions.
We have stuff like that there as well. We can help you out with stuff there as well.
The menu itself, copyright law. Now we have describing ingredients, preparation techniques.
Is it possible that there might be a preparation technique that is protectable under patents?
It's possible. It would be hard. It'd be hard because if it can be exclusively done by a human
being, then the government doesn't like to give patents to people for obtaining legal rights to
something that can be done by a human being because you can't tell if somebody's done that
before. For that reason, it's hard to know whether or not it's new, it's novel. If it's done by a
machine, it's different. You know, okay, this is a machine for doing X. That machine has never
existed before. Since that machine is now available, we know that this is something new
and you contain legal rights to that on the patent law. Okay. Number four. Now we start digging in.
Now we go deep. Now we go deep. What if you used AI to create the website? All right. Well, let's
answer that question.
Next question, Adelaine says,
what if you use AI to create the website?
Somebody tell me the answer to that.
Somebody unmute.
Let's see what you guys have learned.
Let's see if anybody wants to,
and again, guys, don't worry about getting things wrong.
Nobody cares.
It's currently you can't copyright that.
Why, why can't you copyright it?
Because the US Patent Office does not recognize
AI produced prompts.
Yes, yeah, not the prompts,
but the results of the prompts,
the Copyright Office has stated
that whatever is created through use of prompts
in AI software is not copyrightable.
Okay, now, just again,
I wanna make sure this is clear for everybody
who's a prompt engineer,
who's spending a lot of time and money
creating these prompts.
Your prompts are protectable under copyright law,
meaning that elongated detailed description
that you put in after you do slash,
imagine, blah, blah, blah, blah, blah, blah, blah, blah.
That blah, blah, blah, blah, blah, blah, blah, blah
is protectable under copyright law.
What's not protectable is the result of that prompt.
Okay, just keep that in mind.
All right, so for number four,
you have a new process for keeping inventory
of burgers prepared and for determining loss of profits
by using a novel pressure sensitive device
located within a grill used for preparing burgers.
Then it says the burgers is placed
on an indented surface of the grill.
During cooking, the indented surface
has a pressure sensitive switch
that's thrown when the weight of the burger is detected.
Software within a computer is capable
of comparing the number of detected burgers
to actual sales of burgers
to determine how many cooked burgers were never sold.
As an example, they were burned, they were dropped,
free replacements were provided to others,
or they were claimed as a working benefit
of a disgruntled employee.
Yeah, we've never done that, right?
The reason why I worked at Carvel as a child
was because I just liked the company.
Yeah, that's why.
That's why I did it.
I thought they had a good business structure.
That's why I worked there when I was 18.
Yeah, so with that being the case,
looking at number four, absolutely.
Patent all day long, without a doubt,
but let's see what parts are patentable, right?
So it says it's a new process.
If it's a new process,
that method associated with that process
could be protectable.
It also says in here that there's a pressure-sensitive
device located within a grill.
So that means a grill having a pressure-sensitive device,
that might be protectable under a separate patent, okay?
Then on top of that,
there's this method that's being done using software.
So the process that's executed using the software,
which is detecting the number of burgers
that are placed on here
versus the burgers that are consumed,
that whole process,
that in and of itself might be protectable.
So you essentially could have three different patents
out of this, if not four.
A really good patent attorney will take this and create,
they could file one patent application
with four different sets of claims,
or they could file multiple patents, at least two.
So you can say what?
Type in the chat.
So you could say what?
What do you want to be able to say?
So the competition stays out of your burger place.
Not quite there yet.
Anybody know?
You're almost there.
Patents pending.
Yes, Patty.
Yes.
Patents pending.
Because now the competition doesn't know,
did he just get a patent for,
or just file for the switch?
Did he file for the system?
Did he file for the method?
I don't know.
So because of that,
filing two patents is very powerful, very effective.
And then finally, scenario number five,
or clause number five,
it says you also sell a new drink called Hunger Aid
that everyone loves and no one knows how to replicate.
I did not talk about this.
So I'm going to talk about this now.
If you have something that nobody knows how to do,
and there's no way for them to reverse engineer it,
but you could sell it,
and nobody can figure out how it's made,
you can maintain what's called a trade secret.
A trade secret lasts longer than a patent.
A patent lasts for 20 years from
filing. A trade secret can last forever. No expiration. But you've got to make sure you
don't disclose it to others. There's no way to reverse engineer it. You're taking certain
measures like if it's associated with a software on your back-end system, you're making sure nobody
can access the software itself. It's on a single computer. It's not on your local area network.
You're doing a lot of different steps to make sure nobody can access it. KFC.
I don't know. Maybe. Maybe. The one that comes up to me, the one that I think of is like Coca-Cola,
right? The Coca-Cola formula. Pepsi comes out with something. I think it's sweeter,
tastes different. Since nobody can figure out what are the components of the Coca-Cola formula,
if you're an employee, you leave there and you go to another place and that other place starts
creating Coca-Cola, like literally the same taste, Coca-Cola is going to sue them. They're
going to allege that their formula was received by a former employee who went to another location.
But Coca-Cola doesn't give their formula to everybody. It would have to be somebody who
has access to that for a reason. With that, why don't you stop sharing for a minute there.
Okay, so I want to congratulate all of you. Personally, you have completed the Protect
Your Idea Challenge. We've covered copyrights, trademarks, patents. We talked a little bit about
trade secrets here over the last five days. I truly hope this helped all of you. It has been
a delight working with all of you. I've really enjoyed this. This is kind of like the sad part
when I say goodbye to people, but it was a lot of fun. I enjoyed doing this with all of you. I
hope you enjoyed it. We typically do this like every few months, like maybe every three months
or so. There'll likely be another one in about three months or so. I just want to say I'm glad
you're all here. I hope this helped you all out. Ray is going to send everybody out an evaluation
form. If you would just honor me by filling that out. Thank you, Daphne. I appreciate that.
Oh, Ray's got something to say. Ray, go ahead. I got another thing actually I'd like to ask of
everybody. I have a link to this software that we have that's called Video Ask. It's really great
because you don't have to fumble with files, but we would love it. It would help us and help me and
help other people who would like to. We can share your experience that you had here learning from
Peter, but if you could just give us a little feedback testimonial, that would be amazing. It
also helps us take a look at what mattered to you and how you feel helps in this and how it
impacted your business. That would be so great. We love those. I'm going to drop a link here for
that too. Thank you very much, Ray. From all the people that are involved in getting this to all
of you, there's people, obviously Ray, there's Larissa, myself, there's Liss who actually helped
out with some things, different times, Kareem, other people that jump in to help out. We just
really appreciate the opportunity to serve all of you, hopefully just help you all out.
And with that, we're at a close. We have completed the Protect Your Idea Challenge. Now, I have a
tradition that I've done every single challenge, which you can stay here now or you can go. It's
up to you. I pray over everybody's business. The reason why, one thing that most people don't know
is I'm actually an ordained minister, which is kind of funny because I'm a lawyer. Now,
that should not be funny. Nobody should be laughing right now. This is not humorous.
But the fact of the matter is I am an ordained minister and at the same time, I'm also an IP
attorney, which holds me to a different level of accountability. Let's put it that way.
When you think about what I'm going to do now in prayer, even if you don't believe,
just accept it as good wishes, quite frankly, because I know everybody believes in good wishes.
I just want to pray over everybody's business so everybody will be highly successful
and we'll take it from there. Thank you, Gloria. That is so kind. I appreciate that.
With that, let me just pray over everybody. Father God, I just want to thank you for every
single person who has been here during this challenge, during the Protect Your Idea challenge.
Father, I just ask that you move obstacles that they've had in their businesses where they've
tried to bring things forward. The right people didn't come up. The finances were not there.
Whatever the obstacles are, Lord, I ask in Jesus' name that you move those obstacles now, Lord,
that you provide clarity.
wisdom, discernment, that they could see what they should be pursuing, because there's a number of people here that even have over five different ideas that they would know which ones to pursue first, second, third, Lord, I asked that they would be able to, to hire the right people that they would, those people would come to them, that they would know clearly who the right people are. And even the people that don't belong within the company, they would know that as well, Lord, that there would be just this clarity,
this crystal clarity as to who does not belong within the company. Father, I just bless them.
I bless what you've deposited into them. Lord, I ask that it would come to be just be very fruitful,
not only for themselves, for all those that they serve, and that all this happens in your name,
Jesus name, for your glory. Amen. Amen. All right, my friends, we are closed VIP.
We'll take a 10 minute break. I'm going to make a smoothie. And then we'll jump into VIP.
Gosh, this is hard to say goodbye to people. This is the worst part. So I'm sure I'll see you guys
around. I'll see you. He never, he never is able to do this part. Yeah, so I'm gonna jump off.
He enjoys teaching you. I'll see you in VIP and VIP. We have a different party going on over there.
It has been my honor. Thank you so much for the comments. I really appreciate it.
I will see all of you shortly. I'll leave you with Ray for a few minutes while I go make a
smoothie. Let me make you host. I made you co-host. Hey, Helene. Thank you. Oh, you're so welcome.
It's always a pleasure having you stop by. I love having you here, especially on patent day. You're
like, you're the best. I really enjoy having you around. One of these days. I'll get them licensed.
Yes, I know. Yes, absolutely. Absolutely. All right. Let me jump off. Ray, you actually have
controls. So I'll let you do that. All right, guys, I will stick around here and
make sure that you guys have any administrative questions. I'd be happy to ask them
or answer them. Not ask them. Oh, hi. I just sent you a message. I don't know if you saw it. It's
Nadine. Let me get on gallery view. Who is talking here? Oh, it's Nadine. Oh, Nadine. Yes, I just saw
your message. I don't know about tonight just because it's already going to be late after VIP
when Peter gets off and he's the one who handles those documents. OK, so if you need it tonight,
I could talk to him about it. But before before three tomorrow,
then again, I'll send you a private message. Sure. Yeah. We can also message over in the VIP to.
Any other questions I can help answer?
So great having you guys, Jeff, I'm glad you made it. Ray, you mentioned something that we could fill out. I'm looking for where that is. Did you post that in the chat?
Testimonial feedback. Peter had not been doing the form one lately,
so I didn't have an updated form ready. So I will get it in the Facebook group.
OK, but this one is for video. This one is just more of stuff that we can share with other people
to let them know how it was for you. You know, when you took the challenge as a member now,
so you got to have that experience. So it helps us with our content, but in sharing with others.
But I will definitely get the form over in the feedback or in the in the Facebook feed. And then
or I'll also try to email it out to you guys. Thank you. You're welcome. Yeah.
What happens with the Facebook group now? We typically keep it open for,
you know, 30 to 90 days around as long as the.
The replays are available, but that's kind of pretty much just that. So we do have a main
Facebook group that you're welcome to join if you didn't join any of our other programs.
The main Facebook page will allow you to stay in touch with us here. I'll grab this link for you
here. Stay in touch with us between challenges, so if you ever want to know what we're up to,
new programs we're offering, new class types we're offering,
you can join us on this main Facebook page and we'll always update in there.
But if you're in our protection portal and our foundations and IP package, it's kind of like
our current Facebook group, but on like hyperdrive,
like you have these epic entrepreneurs throwing in topics and everyone's discussing.
Even gets in there and responds when time permits, you know, and is able to go through them. And then sometimes that's where we, when there's like.
A really detailed topic, that's where we pull and we'll have in our protection portal meeting. He'll go over those in great detail too.
And sometimes it's the questions that our portal members email to him ahead of time too. And sometimes they're on the spot, just like in VIP. So.
Thank you, Ray. You've been very helpful. Anytime. I'm happy to help.
Yeah, we will see you guys.
What was that? I said you have been. Thank you very much. Oh, my pleasure. I'm really proud of you guys for going through all this and doing what most people don't do for their business. So, the things that they create, you know, it's part of what does make people successful and it's so important.
So, you guys have already taken steps towards that and have more understandings. You guys are ahead of the curve, which is awesome. So, I'm glad you guys are here. I'm glad you made it through it. Proud of you guys.
All right, we're going to close this up. You guys have a good night. Oh, hey, Jeff.
I wanted to thank you for introducing me to Peter. You've been great. Oh, you're very welcome. Jeff was my Uber driver. I have a question. How do I go?
If I want to review what we just did this five days, how do I go to the recording?
The email you registered with? The recordings are being sent out to you every day. So, if you haven't been seeing those in your inbox, you'll want to make sure that our email address is added into your contacts.
Somebody was talking over you. I couldn't hear.
Okay, hold on. I'm muting you. You'll want to take that email address I just dropped in the chat, copy and paste it in your search, and then sometimes our emails will go to spam, promotion, newsletter folders, just depending on your inbox carrier.
So, all of those replay links are emailed out to you the next morning. So, you know, we download them, we have to render them and edit them and put them up.
I do have it because I logged everything up.
Great. So, what I do is I just stack them. So, every day, I just make sure, like on day three, I make sure all three links are in there. And so, after day five, so Saturday morning, you'll get an email with all five links. And if you're VIP, you also get those five as well.
Perfect. Thank you so much.
Thank you. It's good to see you.
Okay, guys, have a great night. Enjoy your weekend.