In this empowering session, Candice S. Patrick shares her journey from witnessing misrepresentation in the justice system to becoming a beacon of hope and guidance for entrepreneurs. Starting her own firm after feeling undervalued, she made a significant impact right out of the gate, highlighting her determination and expertise. Candice demystifies various aspects of intellectual property law, from the basics of trademarks, copyrights, and patents to the intricacies of enforcing IP rights and navigating the digital landscape's legal challenges. Furthermore, she touches on crucial topics like the Corporate Transparency Act, the benefits of trusts, international trademarks, and essential business contract advice. This episode is a treasure trove of knowledge for any entrepreneur looking to safeguard their business and innovate confidently within the legal frameworks.
2:29 - Introduction to Guest
8:42 - Making $30K In First Month Launching Her Firm
15:39 - Explaining The Corporate Transparency Act
25:59- The Benefits of A Trust
28:48 - Understanding Intellectual Property
34:10 - Filing For Intellectual Property Rights
41:50 - How Trademark Suits Work
44:05 - Name, Image, & Likeness Laws
52:10 - Understanding Fair Use To Copyright Issues
55:12 - How Litigation Is Changing In The Digital Landscape
57:00 - Why You Need Multiple Trademarks
1:00:50 - How Corporations Are Trademarking Everyday Words
1:11:00 - International Trademarks
1:13:15 - Business Contract Red Flags
1:23:00 - The Importance of Operating Agreements
1:32:00 - Standing On Business
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