Intellectual property allows founders and CEOs to have a firm hold of their business ideas and trade secrets. You may not realize it, but these intellectual assets hold intrinsic value. They help keep you competitive and innovative in an ever-changing market. That’s why it’s important to protect these assets with an IP strategy.
Cassandra Derham joins us in this episode for an insightful chat on this matter. We learn the six strategic pillars of IP and examples of their uses. Next, we find out their importance and how we can apply these pillars to small businesses. Finally, Cassandra identifies some ways you can explore to use your IP assets for financing.
Tune in to learn more about how to protect and leverage IP so you can scale your business!
Here are three reasons why you should listen to the full episode:
- Learn about the six pillars of IP strategy.
- Discover how to protect your intellectual property, specifically, how to establish your know-how.
- Find out how to create an IP strategy that will help sustain your business and increase benefits in the long run.
Episode Highlights
- [05:22] Cassandra’s Journey
- [06:25] What is Intellectual Property?
- [08:30] How to Protect Intellectual Property with a Strategy
- [17:12] On Trade Secrets
- [19:03] Know-Hows as Intellectual Property
- [20:47] Obtaining a Trademark
- [23:20] How to Protect Intellectual Property for Small Businesses
- [27:45] More Tips on How to Protect Intellectual Property
- [30:59] On Patent-Pending and Due Diligence
- [34:57] On Exit Strategies
- [36:14] IP-Backed Financing and How It Works
- [39:58] Cassandra’s Advice on Creating IP Strategies
- [41:11] Common Mistakes When Learning How to Protect Intellectual Property
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Ready to transform your purpose into an impactful business financial story, profit, and joy? Schedule a chat with me at any time.
Resources
- Visit Christina Sjahli’s website! Learn more about innovating and scaling your business through the Her CEO Journey™ podcast.
- Demystifying Intellectual Property: IP as a Tool for Protection and Growth – The Journey of Patent Lawyer Isi Caulder
- Download the Forecasting Guide so you can create a better financial forecast and improve finance for your business!
- Connect with Cassandra: LinkedIn