1 00:00:00,056 --> 00:00:02,866 Hello everyone, welcome to 2 00:00:02,906 --> 00:00:05,426 this month's LinkedIn Live. 3 00:00:05,748 --> 00:00:07,778 I do these every last 4 00:00:07,778 --> 00:00:08,958 Wednesday of the month 5 00:00:09,211 --> 00:00:11,667 at noon eastern, where I 6 00:00:11,667 --> 00:00:13,417 answer your questions about 7 00:00:13,427 --> 00:00:15,317 copyrights and contracts. 8 00:00:15,580 --> 00:00:17,783 And so if you are listening 9 00:00:17,783 --> 00:00:20,365 to this, um, there are Slides 10 00:00:20,365 --> 00:00:22,005 that go along with this, 11 00:00:22,045 --> 00:00:23,675 although you can absolutely, 12 00:00:23,945 --> 00:00:25,978 get all the value from this 13 00:00:26,018 --> 00:00:27,928 episode by listening to it. 14 00:00:28,076 --> 00:00:29,234 But if you're curious, you 15 00:00:29,234 --> 00:00:30,634 can see the slides on my 16 00:00:30,634 --> 00:00:32,862 YouTube channel, or also 17 00:00:33,062 --> 00:00:34,922 on my LinkedIn profile. 18 00:00:35,387 --> 00:00:37,351 So this month, we are talking 19 00:00:37,351 --> 00:00:39,931 about why copyrights are more 20 00:00:39,991 --> 00:00:41,851 valuable than trademarks. 21 00:00:42,187 --> 00:00:44,577 Now, this is my opinion. 22 00:00:44,577 --> 00:00:45,997 Of course, I imagine a 23 00:00:45,997 --> 00:00:47,087 trademark lawyer would 24 00:00:47,097 --> 00:00:48,557 have a different opinion, 25 00:00:48,907 --> 00:00:50,487 but my point of view is 26 00:00:50,487 --> 00:00:52,177 specifically with respect to 27 00:00:52,177 --> 00:00:54,160 the B2B professional services 28 00:00:54,160 --> 00:00:55,680 provider who has corporate. 29 00:00:55,870 --> 00:00:58,917 Clients, and so are concerned 30 00:00:58,917 --> 00:00:59,977 a little bit different than, 31 00:01:00,027 --> 00:01:02,797 say, a Pepsi or a FedEx 32 00:01:03,193 --> 00:01:05,744 or even, an IBM, right? 33 00:01:06,018 --> 00:01:08,460 we are going to talk about. 34 00:01:09,138 --> 00:01:10,258 they are different how 35 00:01:10,258 --> 00:01:11,308 they are same and how 36 00:01:11,308 --> 00:01:12,548 they will work together. 37 00:01:12,991 --> 00:01:14,871 So 1st and please feel free to 38 00:01:14,871 --> 00:01:17,578 put comments in the, chat box. 39 00:01:17,972 --> 00:01:19,022 if it doesn't throw me off 40 00:01:19,022 --> 00:01:20,062 too much, I'll answer them. 41 00:01:20,062 --> 00:01:21,023 But if not, I'll 42 00:01:21,222 --> 00:01:22,202 wait until the end. 43 00:01:22,442 --> 00:01:23,442 I've gone both ways. 44 00:01:23,762 --> 00:01:25,532 so copyrights versus is 45 00:01:25,532 --> 00:01:29,110 1 is if they're battling 46 00:01:29,110 --> 00:01:30,260 against each other, but 47 00:01:30,453 --> 00:01:31,243 aren't that was just. 48 00:01:31,603 --> 00:01:32,083 Because I like the 49 00:01:32,093 --> 00:01:33,363 image because they 50 00:01:33,363 --> 00:01:34,563 really do work together. 51 00:01:34,583 --> 00:01:36,363 As, you know, I'm a huge fan 52 00:01:36,363 --> 00:01:37,873 of service based businesses of 53 00:01:37,883 --> 00:01:39,915 experts, creating intellectual 54 00:01:39,915 --> 00:01:41,195 property assets, because 55 00:01:41,195 --> 00:01:42,725 they're very important value 56 00:01:42,725 --> 00:01:44,318 builder in your business. 57 00:01:44,749 --> 00:01:46,047 And so they, aren't 58 00:01:46,047 --> 00:01:47,137 mutual exclusive. 59 00:01:47,147 --> 00:01:49,477 We will have copyrights 60 00:01:49,537 --> 00:01:51,624 and trademarks throughout 61 00:01:51,644 --> 00:01:52,764 both in our businesses, 62 00:01:52,764 --> 00:01:54,587 probably, but I will be. 63 00:01:54,787 --> 00:01:55,560 Making an argument, of 64 00:01:55,590 --> 00:01:57,970 course, that, the copyrights 65 00:01:58,050 --> 00:02:00,040 are the more valuable 66 00:02:00,050 --> 00:02:01,640 and the more essential 67 00:02:01,960 --> 00:02:02,750 intellectual property 68 00:02:02,810 --> 00:02:04,820 assets in your business. 69 00:02:05,169 --> 00:02:06,325 1st, to talk about what 70 00:02:06,325 --> 00:02:07,905 does copyright protect 71 00:02:07,915 --> 00:02:09,115 versus what trainer. 72 00:02:09,543 --> 00:02:11,597 Protects copyright protects 73 00:02:11,627 --> 00:02:14,200 the original expression of 74 00:02:14,210 --> 00:02:16,220 something intangible form. 75 00:02:16,562 --> 00:02:17,362 what we write in a 76 00:02:17,362 --> 00:02:18,692 book, what we paint on a 77 00:02:18,692 --> 00:02:20,869 painting, what we record 78 00:02:20,909 --> 00:02:23,859 in a song or on video, what 79 00:02:23,859 --> 00:02:25,795 we create in a graphic. 80 00:02:26,085 --> 00:02:27,885 So those things that we take 81 00:02:27,885 --> 00:02:30,535 an original idea, and we make. 82 00:02:30,692 --> 00:02:31,882 work out of it. 83 00:02:32,119 --> 00:02:34,345 those things that have to be 84 00:02:34,345 --> 00:02:36,555 human, of course, are eligible 85 00:02:36,555 --> 00:02:37,845 for copyright protection. 86 00:02:38,135 --> 00:02:39,425 you may know that copyright 87 00:02:39,425 --> 00:02:40,635 protection attaches at 88 00:02:40,635 --> 00:02:41,805 the moment that that 89 00:02:41,835 --> 00:02:43,585 original work is created. 90 00:02:43,885 --> 00:02:45,365 there is an extra step of 91 00:02:45,365 --> 00:02:47,124 registration if you want to 92 00:02:47,254 --> 00:02:48,894 enforce the copyright against 93 00:02:48,934 --> 00:02:50,184 a third party infringers, 94 00:02:50,443 --> 00:02:51,354 but you do have that 95 00:02:51,354 --> 00:02:52,684 copyright protection from the 96 00:02:52,684 --> 00:02:53,964 moment that it is created. 97 00:02:54,406 --> 00:02:56,222 Trademark and copyright 98 00:02:56,222 --> 00:02:56,932 very importantly does 99 00:02:56,942 --> 00:02:58,792 not protect ideas. 100 00:02:59,314 --> 00:03:01,857 Trademark protects our 101 00:03:02,047 --> 00:03:04,097 reputation, our brand. 102 00:03:04,320 --> 00:03:06,380 It tells, the world, the 103 00:03:06,380 --> 00:03:07,850 consumer specifically. 104 00:03:08,297 --> 00:03:10,277 What the origin of a good 105 00:03:10,297 --> 00:03:12,287 or service is, I used 106 00:03:12,287 --> 00:03:14,947 examples of IBM and FedEx. 107 00:03:15,205 --> 00:03:16,247 When we see those 108 00:03:16,267 --> 00:03:17,287 trademarks, we know 109 00:03:17,287 --> 00:03:18,687 exactly who's delivering 110 00:03:18,687 --> 00:03:20,996 our package or where our 111 00:03:21,017 --> 00:03:22,647 office machine came from. 112 00:03:22,647 --> 00:03:22,847 I don't know. 113 00:03:22,877 --> 00:03:23,877 What does IBM do now? 114 00:03:24,133 --> 00:03:26,913 and so it protects, names. 115 00:03:27,330 --> 00:03:29,640 Logos, even protect colors 116 00:03:29,640 --> 00:03:32,126 like u p s, brown, and even 117 00:03:32,126 --> 00:03:35,166 sounds like the N B C, chime. 118 00:03:35,396 --> 00:03:36,866 and so that tells the world, 119 00:03:36,866 --> 00:03:38,986 so that protects the origin 120 00:03:38,986 --> 00:03:40,606 of a good or service, but 121 00:03:40,611 --> 00:03:42,406 it does not protect content. 122 00:03:42,694 --> 00:03:44,126 And so I'm gonna talk about. 123 00:03:44,556 --> 00:03:46,769 An example today, where you 124 00:03:46,769 --> 00:03:49,079 are, we are an HR consultancy. 125 00:03:49,446 --> 00:03:50,976 The name of our business is 126 00:03:50,986 --> 00:03:53,716 diversity talent solutions. 127 00:03:53,716 --> 00:03:54,436 And yes, I did get 128 00:03:54,436 --> 00:03:54,866 that from chat. 129 00:03:54,866 --> 00:03:55,436 GBT. 130 00:03:55,742 --> 00:03:58,642 and we provide DEI training 131 00:03:58,903 --> 00:04:00,822 to corporate clients. 132 00:04:01,162 --> 00:04:02,772 And so when we 133 00:04:02,772 --> 00:04:03,822 have this business. 134 00:04:04,307 --> 00:04:06,251 What do trademarks versus 135 00:04:06,251 --> 00:04:07,891 copyrights protect for us? 136 00:04:08,473 --> 00:04:10,702 copyright that protects all 137 00:04:10,702 --> 00:04:12,772 of our training materials, any 138 00:04:12,942 --> 00:04:14,372 videos that we've recorded, 139 00:04:14,382 --> 00:04:16,832 scripts for our trainers, 140 00:04:16,842 --> 00:04:17,702 workbooks, worksheets, 141 00:04:17,802 --> 00:04:18,142 um, you know, webinars 142 00:04:20,462 --> 00:04:21,342 that we put on. 143 00:04:21,562 --> 00:04:23,158 These are all works. 144 00:04:23,600 --> 00:04:25,413 That when they are original, 145 00:04:25,653 --> 00:04:26,533 and we've put them in 146 00:04:26,533 --> 00:04:28,523 tangible form, they are 147 00:04:28,523 --> 00:04:30,023 protected by copyright. 148 00:04:30,988 --> 00:04:31,743 All of our marketing 149 00:04:31,743 --> 00:04:33,643 materials, the podcast that 150 00:04:33,643 --> 00:04:35,113 we go on the speeches that 151 00:04:35,113 --> 00:04:37,343 we give our LinkedIn posts, 152 00:04:37,393 --> 00:04:39,723 our newsletter, our website, 153 00:04:40,050 --> 00:04:41,906 all of those materials are 154 00:04:41,996 --> 00:04:43,386 protected by copyright. 155 00:04:43,807 --> 00:04:45,956 Work product, let's say we 156 00:04:45,956 --> 00:04:48,886 are engaged to create employee 157 00:04:49,176 --> 00:04:50,916 workbook for 1 of our clients. 158 00:04:51,425 --> 00:04:54,049 And so it is copyright law 159 00:04:54,089 --> 00:04:55,933 that will determine the 160 00:04:55,993 --> 00:04:58,943 ownership and the rights. 161 00:04:59,318 --> 00:05:01,241 that client, will have in 162 00:05:01,251 --> 00:05:03,641 using that employee workbook. 163 00:05:04,081 --> 00:05:06,411 So it could be that, you have 164 00:05:06,411 --> 00:05:07,721 1 that you're just licensing 165 00:05:07,721 --> 00:05:09,401 to them and that they can't 166 00:05:09,401 --> 00:05:10,681 use it for any other purpose, 167 00:05:10,945 --> 00:05:11,851 or it could be that you're 168 00:05:11,851 --> 00:05:13,351 creating an original 1, just 169 00:05:13,361 --> 00:05:14,641 for them because there's 170 00:05:14,641 --> 00:05:15,901 something unique about 171 00:05:15,911 --> 00:05:17,191 their office environment. 172 00:05:17,191 --> 00:05:18,631 And they had some specific, 173 00:05:18,961 --> 00:05:21,191 requests but it is copyright 174 00:05:21,211 --> 00:05:22,341 that will determine the 175 00:05:22,381 --> 00:05:24,451 ownership and the use or 176 00:05:24,461 --> 00:05:25,821 reuse, or the creation 177 00:05:25,821 --> 00:05:27,771 of derivatives of that. 178 00:05:27,810 --> 00:05:29,186 work product, and let's 179 00:05:29,186 --> 00:05:30,476 say you are the client. 180 00:05:30,486 --> 00:05:31,616 Let's say you have 181 00:05:31,616 --> 00:05:33,970 engaged a 3rd party to 182 00:05:33,970 --> 00:05:35,813 help create your course. 183 00:05:35,953 --> 00:05:37,202 you are the expert 184 00:05:37,242 --> 00:05:39,742 in issues, but you're 185 00:05:39,742 --> 00:05:41,462 not a course designer. 186 00:05:41,472 --> 00:05:42,382 You're not an educate. 187 00:05:42,382 --> 00:05:42,932 I think they're called. 188 00:05:43,082 --> 00:05:44,492 Education designers, perhaps. 189 00:05:44,998 --> 00:05:46,468 And so you've engaged one of 190 00:05:46,468 --> 00:05:47,621 them to help you, with the 191 00:05:47,631 --> 00:05:49,381 user experience, the flow and 192 00:05:49,381 --> 00:05:51,081 everything of your course. 193 00:05:51,481 --> 00:05:52,651 So you hire them. 194 00:05:52,701 --> 00:05:54,291 It is copyright law 195 00:05:54,566 --> 00:05:56,391 that will determine your 196 00:05:56,461 --> 00:05:58,541 ownership rights in the 197 00:05:58,541 --> 00:05:59,991 deliverables that course 198 00:05:59,991 --> 00:06:01,631 designer creates for you. 199 00:06:02,172 --> 00:06:03,182 So that's copyright. 200 00:06:03,602 --> 00:06:05,519 On the trademark side, what 201 00:06:05,519 --> 00:06:06,809 does trademark protect? 202 00:06:07,109 --> 00:06:08,699 It protects the name 203 00:06:08,759 --> 00:06:10,089 of your business. 204 00:06:10,642 --> 00:06:12,652 And so, we can see that 205 00:06:12,652 --> 00:06:14,482 there is a little bit 206 00:06:14,522 --> 00:06:15,652 of a lopsided there. 207 00:06:16,052 --> 00:06:17,282 So we're going to talk about 208 00:06:17,537 --> 00:06:19,462 the value of copyrights. 209 00:06:19,794 --> 00:06:21,658 In your business and the value 210 00:06:21,698 --> 00:06:24,088 of copyrights to your clients. 211 00:06:24,557 --> 00:06:25,797 first, in the context 212 00:06:25,867 --> 00:06:26,977 of maximizing the 213 00:06:26,987 --> 00:06:28,307 value in your business. 214 00:06:28,644 --> 00:06:30,542 I talk about exclusivity 215 00:06:30,592 --> 00:06:31,752 and sustainability. 216 00:06:32,032 --> 00:06:33,292 I have, talked a great. 217 00:06:33,512 --> 00:06:35,092 Deal about it in the context 218 00:06:35,152 --> 00:06:36,262 of creating a business 219 00:06:36,272 --> 00:06:37,482 that you can sell someday. 220 00:06:37,859 --> 00:06:39,422 But the things that help you 221 00:06:39,422 --> 00:06:40,942 create a business that would 222 00:06:40,952 --> 00:06:42,362 be saleable are the same 223 00:06:42,402 --> 00:06:43,992 things that help you build 224 00:06:43,992 --> 00:06:45,442 a business that is scalable 225 00:06:45,705 --> 00:06:46,972 and therefore increase the 226 00:06:46,982 --> 00:06:48,232 value in your business. 227 00:06:48,669 --> 00:06:50,089 So the two main pillars we 228 00:06:50,089 --> 00:06:51,189 talk about when we're talking 229 00:06:51,189 --> 00:06:53,038 about service based business 230 00:06:53,068 --> 00:06:54,628 and maximizing the value 231 00:06:54,628 --> 00:06:56,678 of it are the exclusivity 232 00:06:56,798 --> 00:06:58,135 and the sustainability 233 00:06:58,205 --> 00:06:59,165 of the business. 234 00:06:59,647 --> 00:07:01,427 and within exclusivity, 235 00:07:01,437 --> 00:07:02,417 we'll, take each and turn 236 00:07:02,427 --> 00:07:04,037 exclusivity and sustainability 237 00:07:04,390 --> 00:07:06,045 with exclusivity. 238 00:07:06,045 --> 00:07:07,854 We have the 2 pillars of 239 00:07:07,914 --> 00:07:09,844 assets and positioning. 240 00:07:10,144 --> 00:07:11,224 Now, positioning is 241 00:07:11,224 --> 00:07:12,304 technically an asset as 242 00:07:12,304 --> 00:07:13,594 well, but I've set it up 243 00:07:13,594 --> 00:07:15,244 this way to think about, 244 00:07:15,274 --> 00:07:16,404 because assets are more 245 00:07:16,424 --> 00:07:18,491 kind of solid, even though 246 00:07:18,491 --> 00:07:19,501 they're intangible, they're 247 00:07:19,501 --> 00:07:21,191 more solid than positioning, 248 00:07:21,191 --> 00:07:22,770 which is a little bit harder 249 00:07:22,780 --> 00:07:25,165 to kind of grasp, um, asset. 250 00:07:25,569 --> 00:07:27,039 on the asset side and also 251 00:07:27,069 --> 00:07:28,199 on the asset side, these 252 00:07:28,199 --> 00:07:29,004 are things that can be 253 00:07:29,004 --> 00:07:31,084 pretty cleanly assigned 254 00:07:31,084 --> 00:07:32,814 to a 3rd party or is 255 00:07:32,814 --> 00:07:35,074 positioning may or may not 256 00:07:35,104 --> 00:07:37,384 be assignable to 3rd party. 257 00:07:37,474 --> 00:07:38,872 So, your assets, your 258 00:07:38,872 --> 00:07:39,902 intellectual property, which 259 00:07:39,902 --> 00:07:40,702 we've talked about, we've 260 00:07:40,722 --> 00:07:42,132 talked about the things in 261 00:07:42,152 --> 00:07:44,362 our HR consultancy business 262 00:07:44,362 --> 00:07:46,092 in this example, that are 263 00:07:46,092 --> 00:07:47,462 protected by copyrights 264 00:07:47,839 --> 00:07:50,442 or by trademarks data. 265 00:07:50,727 --> 00:07:52,587 Would be a valuable asset 266 00:07:52,587 --> 00:07:53,947 if you have data or research 267 00:07:53,947 --> 00:07:56,527 that you have databases are 268 00:07:56,527 --> 00:07:58,257 protected under copyright 269 00:07:58,257 --> 00:07:59,974 law and any insights 270 00:07:59,974 --> 00:08:00,944 that you draw for them. 271 00:08:00,984 --> 00:08:02,814 You take your data and you 272 00:08:02,844 --> 00:08:04,474 analyze it and you draw 273 00:08:04,504 --> 00:08:05,894 insights from it and you 274 00:08:06,264 --> 00:08:08,214 publish white papers or 275 00:08:08,218 --> 00:08:09,995 use it in presentations. 276 00:08:10,342 --> 00:08:11,965 Those insights are 277 00:08:11,965 --> 00:08:13,055 protected by copyright. 278 00:08:13,623 --> 00:08:14,423 And then the things we 279 00:08:14,433 --> 00:08:15,643 use within our business 280 00:08:15,653 --> 00:08:17,003 to make us more efficient 281 00:08:17,330 --> 00:08:18,460 to maximize the value that 282 00:08:18,460 --> 00:08:19,750 we provide to our clients. 283 00:08:20,277 --> 00:08:21,720 We develop tools 284 00:08:21,920 --> 00:08:22,550 and processes. 285 00:08:22,810 --> 00:08:24,270 We may have, a 286 00:08:24,270 --> 00:08:26,050 library of resources. 287 00:08:26,382 --> 00:08:27,390 We may have 288 00:08:27,552 --> 00:08:29,248 templates or models. 289 00:08:29,577 --> 00:08:31,437 We may have methodology 290 00:08:31,437 --> 00:08:33,027 and frameworks that we use. 291 00:08:33,417 --> 00:08:34,403 We may have S. 292 00:08:34,403 --> 00:08:34,493 O. 293 00:08:34,493 --> 00:08:34,803 P. 294 00:08:34,803 --> 00:08:35,023 S. 295 00:08:35,356 --> 00:08:37,414 and even, those employee 296 00:08:37,424 --> 00:08:38,774 handbooks are important 297 00:08:38,794 --> 00:08:39,804 to make sure that we're 298 00:08:39,834 --> 00:08:41,264 all working together. 299 00:08:41,610 --> 00:08:43,900 and so those may or may not 300 00:08:43,900 --> 00:08:45,962 be, under copyright law. 301 00:08:46,252 --> 00:08:47,282 Copyright does not 302 00:08:47,292 --> 00:08:49,546 protect methodologies. 303 00:08:49,564 --> 00:08:50,614 It does protect 304 00:08:50,614 --> 00:08:51,534 the expression. 305 00:08:51,534 --> 00:08:52,624 So someone can't 306 00:08:52,852 --> 00:08:55,550 literally copy your S. 307 00:08:55,550 --> 00:08:55,650 O. 308 00:08:55,650 --> 00:08:56,180 P. 309 00:08:56,190 --> 00:08:56,260 S. 310 00:08:56,640 --> 00:08:57,820 but they can read them and. 311 00:08:58,075 --> 00:08:59,415 use them as their own. 312 00:08:59,705 --> 00:09:01,499 but still, these are assets 313 00:09:01,499 --> 00:09:02,699 that provide value in our 314 00:09:02,699 --> 00:09:04,249 business, depending on 315 00:09:04,259 --> 00:09:06,059 how developed they are, 316 00:09:06,244 --> 00:09:07,259 they would be protected 317 00:09:07,339 --> 00:09:08,519 under copyright law. 318 00:09:08,884 --> 00:09:09,894 they are not protected 319 00:09:09,934 --> 00:09:11,294 under trademark law. 320 00:09:11,625 --> 00:09:12,864 And then our positioning, 321 00:09:13,162 --> 00:09:14,818 our expertise, know, what we 322 00:09:14,818 --> 00:09:17,534 do, our niche, who we serve, 323 00:09:17,838 --> 00:09:19,048 the thought leadership, where 324 00:09:19,048 --> 00:09:21,158 we combine this to add value 325 00:09:21,198 --> 00:09:23,763 to the conversation, about. 326 00:09:24,203 --> 00:09:25,523 Who we serve and how we do 327 00:09:25,523 --> 00:09:28,033 it and, of course, our brand 328 00:09:28,063 --> 00:09:29,923 and our reputation, all these 329 00:09:30,043 --> 00:09:32,793 combine to create our unique 330 00:09:32,793 --> 00:09:34,283 position in the marketplace. 331 00:09:34,333 --> 00:09:35,683 Excuse these are. 332 00:09:35,886 --> 00:09:37,716 protected by a combination 333 00:09:37,766 --> 00:09:40,156 of copyright and trademark, 334 00:09:40,356 --> 00:09:41,777 you our thought leadership, 335 00:09:41,787 --> 00:09:43,217 all the content we create 336 00:09:43,227 --> 00:09:44,787 our presentations or speaking 337 00:09:44,797 --> 00:09:47,320 gigs, all of that webinars 338 00:09:47,370 --> 00:09:48,369 our thought leadership is 339 00:09:48,369 --> 00:09:49,999 protected by copyright law. 340 00:09:50,012 --> 00:09:51,656 And, of course, our 341 00:09:51,666 --> 00:09:54,233 brand would be protected 342 00:09:54,383 --> 00:09:55,633 with a trademark. 343 00:09:55,988 --> 00:09:56,556 and we can, of 344 00:09:56,556 --> 00:09:57,756 course, have both. 345 00:09:58,035 --> 00:09:59,519 Of I've created a 346 00:09:59,549 --> 00:10:01,685 copyrightable, work in the 347 00:10:01,685 --> 00:10:03,015 form of this presentation. 348 00:10:03,345 --> 00:10:04,945 And here I have, I don't know 349 00:10:04,975 --> 00:10:06,115 if you can see it against 350 00:10:06,115 --> 00:10:07,839 this light background, but 351 00:10:07,839 --> 00:10:09,229 I have my copyright line 352 00:10:09,229 --> 00:10:11,245 here, the C in a circle 353 00:10:11,245 --> 00:10:13,545 2023, Aaron Austin Law, PLC. 354 00:10:14,580 --> 00:10:16,605 the law firm is my official 355 00:10:16,827 --> 00:10:18,650 business entity, but my 356 00:10:18,650 --> 00:10:20,730 brand is think beyond I. 357 00:10:20,730 --> 00:10:21,220 P. 358 00:10:21,490 --> 00:10:23,377 and I have this little, I. 359 00:10:23,377 --> 00:10:23,597 P. 360 00:10:23,597 --> 00:10:25,317 guy in a box who is, 361 00:10:25,467 --> 00:10:27,654 part of my, trademark 362 00:10:27,754 --> 00:10:28,524 with think beyond I. 363 00:10:28,524 --> 00:10:28,924 P. 364 00:10:29,212 --> 00:10:30,732 Now, for me, personally, 365 00:10:30,949 --> 00:10:32,819 I have not registered 366 00:10:32,939 --> 00:10:34,869 a trademark, for think 367 00:10:34,869 --> 00:10:36,229 beyond AP, we'll tell 368 00:10:36,229 --> 00:10:36,929 you why in a minute. 369 00:10:37,286 --> 00:10:38,826 And so that is 370 00:10:38,836 --> 00:10:39,946 exclusivity pillar. 371 00:10:40,243 --> 00:10:41,393 Sustainability is 372 00:10:41,393 --> 00:10:42,773 the other pillar. 373 00:10:43,155 --> 00:10:45,005 The ability to, 374 00:10:45,159 --> 00:10:47,065 continue regardless 375 00:10:47,185 --> 00:10:48,885 of what is happening 376 00:10:48,925 --> 00:10:50,595 with you as the owner. 377 00:10:50,955 --> 00:10:53,025 So, if you are the only 378 00:10:53,025 --> 00:10:54,695 person who's driving sales, 379 00:10:54,695 --> 00:10:56,185 driving revenue, doing all 380 00:10:56,185 --> 00:10:58,402 the things, your business is 381 00:10:58,402 --> 00:11:00,722 on the less sustainable end. 382 00:11:01,102 --> 00:11:02,572 Versus if you have some 383 00:11:02,572 --> 00:11:04,612 independence and there is some 384 00:11:04,612 --> 00:11:05,932 independence in your business 385 00:11:05,932 --> 00:11:07,702 from you for making sales, 386 00:11:07,702 --> 00:11:09,142 for driving revenue, then 387 00:11:09,142 --> 00:11:10,762 it becomes more sustainable. 388 00:11:10,762 --> 00:11:11,962 And it is a continuum. 389 00:11:12,252 --> 00:11:13,002 for those of you who have 390 00:11:13,002 --> 00:11:13,752 questions about that, 391 00:11:13,752 --> 00:11:15,852 I do have a assessment 392 00:11:15,852 --> 00:11:17,142 about where you are on 393 00:11:17,147 --> 00:11:18,772 that, sustainability, 394 00:11:19,015 --> 00:11:19,915 to continuum 'em. 395 00:11:19,945 --> 00:11:20,844 And, you can find 396 00:11:20,844 --> 00:11:21,474 that on my website. 397 00:11:21,474 --> 00:11:22,134 I'll have that at the end. 398 00:11:22,404 --> 00:11:24,294 And so the things that would, 399 00:11:24,394 --> 00:11:26,394 Promote sustainability are 400 00:11:26,434 --> 00:11:28,801 leverage leverage is where 401 00:11:28,801 --> 00:11:30,461 you have an input, but 402 00:11:30,461 --> 00:11:32,641 that the output from it is 403 00:11:32,921 --> 00:11:34,541 magnified from the input. 404 00:11:34,847 --> 00:11:36,507 say, in making an investment 405 00:11:36,527 --> 00:11:37,977 in creating a product, we 406 00:11:37,977 --> 00:11:38,997 put in that investment in 407 00:11:38,997 --> 00:11:40,477 the front end, but then we 408 00:11:40,477 --> 00:11:42,017 can sell it multiple times. 409 00:11:42,137 --> 00:11:43,667 And so its impact is 410 00:11:43,687 --> 00:11:46,030 magnified from the input. 411 00:11:46,490 --> 00:11:48,860 And so generally that involves 412 00:11:48,910 --> 00:11:50,570 either, the creation of tools. 413 00:11:50,570 --> 00:11:51,265 It doesn't have to be 414 00:11:51,265 --> 00:11:51,820 something you sell. 415 00:11:52,052 --> 00:11:52,770 It can be the creation 416 00:11:52,770 --> 00:11:53,570 of tools to make 417 00:11:53,570 --> 00:11:54,470 you more efficient. 418 00:11:54,693 --> 00:11:56,063 and, something that's product 419 00:11:56,073 --> 00:11:57,233 ties that you're doing over 420 00:11:57,233 --> 00:11:59,540 and over again and again, 421 00:11:59,540 --> 00:12:00,993 you know, you can continue 422 00:12:00,993 --> 00:12:02,253 to create that value for your 423 00:12:02,323 --> 00:12:04,987 client, less expensively and 424 00:12:04,987 --> 00:12:06,567 then, Your business model, 425 00:12:06,587 --> 00:12:08,637 do you have a 1 to 1 custom 426 00:12:08,637 --> 00:12:09,867 business model, which hard 427 00:12:09,867 --> 00:12:11,393 to create efficiencies or 428 00:12:11,393 --> 00:12:13,257 do you have some variety 429 00:12:13,257 --> 00:12:14,197 of your business model? 430 00:12:14,207 --> 00:12:15,527 So you have some things 431 00:12:15,537 --> 00:12:17,307 that are 1 to several, 432 00:12:17,307 --> 00:12:19,090 like, a mastermind or 433 00:12:19,173 --> 00:12:21,467 group program, or 1 to many 434 00:12:21,467 --> 00:12:22,577 in the form of a course. 435 00:12:22,880 --> 00:12:24,278 Or a book, you don't need 436 00:12:24,278 --> 00:12:25,238 to have all those things. 437 00:12:25,238 --> 00:12:25,815 And I don't want 438 00:12:25,815 --> 00:12:26,995 anyone to think that. 439 00:12:27,212 --> 00:12:28,482 but there's more than 1 440 00:12:28,492 --> 00:12:30,212 way than just having 1 441 00:12:30,212 --> 00:12:32,372 on 1 custom services to 442 00:12:32,372 --> 00:12:33,402 create sustainability in 443 00:12:33,402 --> 00:12:34,733 your business, even just 444 00:12:34,733 --> 00:12:37,343 having a systematized, 445 00:12:37,773 --> 00:12:39,413 service that you can help 446 00:12:39,443 --> 00:12:40,753 peel off pieces of it. 447 00:12:40,753 --> 00:12:42,040 Like, you know, that. 448 00:12:42,220 --> 00:12:43,400 X needs to be done, or you 449 00:12:43,400 --> 00:12:44,400 have a starting point from 450 00:12:44,400 --> 00:12:45,470 a template, or, you know, 451 00:12:45,470 --> 00:12:46,650 that there is this piece 452 00:12:46,650 --> 00:12:48,140 that doesn't involve me. 453 00:12:48,444 --> 00:12:50,530 I can use a contractor for 454 00:12:50,530 --> 00:12:51,520 this, or I can even use 455 00:12:51,520 --> 00:12:53,581 technology for this to help 456 00:12:53,581 --> 00:12:55,710 make the delivery of that 1 457 00:12:55,720 --> 00:12:57,530 on 1 service more efficient. 458 00:12:57,931 --> 00:12:59,658 And then protection, that is 459 00:12:59,658 --> 00:13:01,118 the form of our contracts. 460 00:13:01,328 --> 00:13:02,558 are we using contracts 461 00:13:02,558 --> 00:13:04,678 effectively so that when we 462 00:13:04,678 --> 00:13:06,728 have deliverables from our 463 00:13:06,948 --> 00:13:08,668 contractors, we have work 464 00:13:08,668 --> 00:13:09,608 product we're delivering 465 00:13:09,638 --> 00:13:12,195 to our clients that we 466 00:13:12,215 --> 00:13:13,785 make sure that we're still 467 00:13:14,052 --> 00:13:15,898 owning and controlling the 468 00:13:15,898 --> 00:13:17,618 rights that flow from those 469 00:13:17,628 --> 00:13:18,898 deliverables and again, 470 00:13:18,908 --> 00:13:20,838 that is Copyright and that's 471 00:13:20,838 --> 00:13:21,748 copyright protection that 472 00:13:21,748 --> 00:13:23,038 you get with those contracts. 473 00:13:23,384 --> 00:13:24,504 typically for the expertise 474 00:13:24,504 --> 00:13:25,544 based business, there's 475 00:13:25,554 --> 00:13:26,174 always going to be 476 00:13:26,174 --> 00:13:27,164 exceptions, but these are 477 00:13:27,164 --> 00:13:28,384 just the typical cases. 478 00:13:28,767 --> 00:13:31,357 So that is the exclusivity, 479 00:13:31,357 --> 00:13:32,677 sustainability to create 480 00:13:32,677 --> 00:13:34,327 the most value in our 481 00:13:34,387 --> 00:13:36,617 businesses for ourselves. 482 00:13:37,025 --> 00:13:38,030 What about the value 483 00:13:38,030 --> 00:13:39,030 to our clients? 484 00:13:39,635 --> 00:13:42,085 I hate to call it this, 485 00:13:42,085 --> 00:13:43,585 but it is a little bit, 486 00:13:43,815 --> 00:13:44,845 the trademarks are a little 487 00:13:44,845 --> 00:13:46,845 bit of a vanity piece. 488 00:13:47,098 --> 00:13:48,165 Now it's not that it's 489 00:13:48,215 --> 00:13:49,932 unimportant that your clients 490 00:13:49,962 --> 00:13:51,462 not be able to tell you 491 00:13:51,795 --> 00:13:53,742 apart from your competitors. 492 00:13:53,742 --> 00:13:55,422 It is important that your 493 00:13:55,462 --> 00:13:56,622 clients can tell you apart 494 00:13:56,682 --> 00:13:58,505 from your competitors, but 495 00:13:58,555 --> 00:14:01,385 is the value to your clients. 496 00:14:01,628 --> 00:14:03,738 In your trademark, or is 497 00:14:03,738 --> 00:14:05,558 the value to your clients 498 00:14:05,892 --> 00:14:07,324 in the transformation? 499 00:14:07,324 --> 00:14:08,404 You provide the outcome 500 00:14:08,404 --> 00:14:09,434 that they get from you. 501 00:14:09,759 --> 00:14:10,691 That doesn't come from your 502 00:14:10,691 --> 00:14:13,457 trademark that comes from. 503 00:14:13,684 --> 00:14:15,866 The training you provide the, 504 00:14:15,876 --> 00:14:17,216 research that you have the 505 00:14:17,236 --> 00:14:19,389 insights that you have the 506 00:14:19,399 --> 00:14:21,189 process that you have all 507 00:14:21,189 --> 00:14:24,046 those things that provide 508 00:14:24,154 --> 00:14:26,237 the outcome that your clients 509 00:14:26,307 --> 00:14:28,357 are paying you for that will 510 00:14:28,357 --> 00:14:29,907 provide the outcome that your 511 00:14:29,907 --> 00:14:32,357 clients will rave about that 512 00:14:32,357 --> 00:14:33,757 will provide the outcome that 513 00:14:33,757 --> 00:14:35,777 will cause your clients to, 514 00:14:36,017 --> 00:14:38,227 refer you on to other people. 515 00:14:38,602 --> 00:14:39,428 it is not. 516 00:14:39,818 --> 00:14:42,446 The trademark and so making 517 00:14:42,446 --> 00:14:45,242 sure we're focusing on the 518 00:14:45,302 --> 00:14:46,412 outcome of providing to 519 00:14:46,412 --> 00:14:48,076 our clients and not, know, 520 00:14:48,076 --> 00:14:49,972 how cute our trademark 521 00:14:49,992 --> 00:14:51,032 may or may not be. 522 00:14:51,336 --> 00:14:52,566 would your client. 523 00:14:52,787 --> 00:14:54,276 be just as happy with you 524 00:14:54,326 --> 00:14:55,476 with a different name. 525 00:14:55,816 --> 00:14:57,778 And I'm going to argue that 526 00:14:57,838 --> 00:15:00,112 it would be now, even though 527 00:15:00,112 --> 00:15:01,542 I have obviously come to the 528 00:15:01,542 --> 00:15:02,902 conclusion that copyrights, 529 00:15:03,472 --> 00:15:04,802 are greater than I don't 530 00:15:04,802 --> 00:15:05,432 know if that's the right 531 00:15:05,432 --> 00:15:07,152 thing, but copyrights have 532 00:15:07,152 --> 00:15:09,222 more value in your B2B, 533 00:15:09,374 --> 00:15:10,634 expertise based business. 534 00:15:10,634 --> 00:15:11,084 When you have 535 00:15:11,094 --> 00:15:12,054 corporate clients. 536 00:15:12,364 --> 00:15:12,894 it doesn't mean 537 00:15:12,894 --> 00:15:13,704 that trademarks. 538 00:15:13,704 --> 00:15:13,774 Thanks. 539 00:15:13,987 --> 00:15:15,047 Are unimportant. 540 00:15:15,057 --> 00:15:16,207 They are important, 541 00:15:16,444 --> 00:15:18,490 but they don't really, 542 00:15:18,680 --> 00:15:20,600 challenge the value of the 543 00:15:20,600 --> 00:15:22,050 copyrights in your business. 544 00:15:22,382 --> 00:15:23,869 we want to be able to be 545 00:15:24,039 --> 00:15:25,449 distinguishable from our 546 00:15:25,549 --> 00:15:26,909 competitors, but that 547 00:15:26,909 --> 00:15:28,019 shouldn't be because we 548 00:15:28,019 --> 00:15:29,429 have such a cool trademark 549 00:15:29,672 --> 00:15:31,222 that should be because 550 00:15:31,242 --> 00:15:31,622 of the work we are doing. 551 00:15:33,351 --> 00:15:35,249 In our industry, getting out 552 00:15:35,249 --> 00:15:37,359 there, speaking, writing, 553 00:15:37,599 --> 00:15:39,929 showing our expertise, having 554 00:15:39,929 --> 00:15:41,969 satisfied clients, getting 555 00:15:41,969 --> 00:15:44,349 those testimonials LinkedIn. 556 00:15:44,792 --> 00:15:46,692 That's the way we 557 00:15:46,782 --> 00:15:48,122 distinguish ourselves. 558 00:15:48,122 --> 00:15:48,689 You know, having 559 00:15:48,689 --> 00:15:49,319 the positioning. 560 00:15:49,319 --> 00:15:50,122 I could go back to 561 00:15:50,122 --> 00:15:51,092 the positioning slide. 562 00:15:51,389 --> 00:15:52,229 Those are the ways 563 00:15:52,229 --> 00:15:53,079 that we create. 564 00:15:53,411 --> 00:15:54,711 our unique positioning 565 00:15:54,900 --> 00:15:56,727 and the trademark is 566 00:15:56,757 --> 00:15:57,777 the cherry on top. 567 00:15:58,057 --> 00:15:59,780 I put it this way, like, 568 00:15:59,840 --> 00:16:02,030 unless you have something 569 00:16:02,030 --> 00:16:03,873 to rave about, trademark 570 00:16:03,873 --> 00:16:05,213 doesn't mean anything because 571 00:16:05,223 --> 00:16:07,013 the trademark just attaches 572 00:16:07,440 --> 00:16:09,730 to the value of the result. 573 00:16:10,080 --> 00:16:11,387 So, the value of the 574 00:16:11,387 --> 00:16:12,737 result has to come before 575 00:16:12,747 --> 00:16:13,967 the trademark, then the 576 00:16:13,967 --> 00:16:15,207 trademark, of course, and 577 00:16:15,207 --> 00:16:17,270 say, okay, the value comes 578 00:16:17,270 --> 00:16:19,340 from this trademark, but 1st. 579 00:16:19,670 --> 00:16:21,360 You have to establish the 580 00:16:21,360 --> 00:16:23,413 value and so some of you 581 00:16:23,413 --> 00:16:25,257 may have many resources. 582 00:16:25,578 --> 00:16:27,277 If you have limited resources, 583 00:16:27,577 --> 00:16:28,337 then make sure you're 584 00:16:28,347 --> 00:16:29,897 focusing on copyrights. 585 00:16:30,337 --> 00:16:32,677 and then the trademarks are. 586 00:16:32,952 --> 00:16:34,012 nice to have, but 587 00:16:34,012 --> 00:16:35,332 not a must have. 588 00:16:35,619 --> 00:16:37,639 and, I am not a trademark 589 00:16:37,639 --> 00:16:38,809 lawyer and I will say on 590 00:16:38,809 --> 00:16:40,239 behalf of my trademark, 591 00:16:40,490 --> 00:16:42,310 lawyer colleagues that they 592 00:16:42,310 --> 00:16:44,243 will say this that if there 593 00:16:44,243 --> 00:16:45,713 is a trademark that it would 594 00:16:45,713 --> 00:16:48,066 just hurt you in your soul. 595 00:16:48,106 --> 00:16:49,646 If somebody else got it 596 00:16:49,853 --> 00:16:50,923 and took it from you, 597 00:16:51,239 --> 00:16:52,793 then get it registered. 598 00:16:53,046 --> 00:16:54,716 but if there is another 599 00:16:54,746 --> 00:16:56,076 term that could. 600 00:16:56,236 --> 00:16:58,210 work just as well, almost 601 00:16:58,520 --> 00:17:00,250 always there is, then, 602 00:17:00,332 --> 00:17:01,902 focus on making sure you're 603 00:17:01,922 --> 00:17:02,702 creating value for your 604 00:17:02,702 --> 00:17:03,932 clients, becoming the go 605 00:17:03,932 --> 00:17:05,022 to person in your space. 606 00:17:05,518 --> 00:17:06,618 if you are serving 607 00:17:06,618 --> 00:17:07,478 corporate clients, 608 00:17:07,538 --> 00:17:09,272 they know who you are. 609 00:17:09,399 --> 00:17:10,769 They're not Googling you. 610 00:17:11,037 --> 00:17:12,077 they're not going off of. 611 00:17:12,077 --> 00:17:13,701 know, how many, SEO, right? 612 00:17:14,020 --> 00:17:15,490 that's warm introduction 613 00:17:15,510 --> 00:17:16,890 sales and all the things 614 00:17:16,910 --> 00:17:18,720 that require, getting to 615 00:17:18,720 --> 00:17:19,850 build your reputation. 616 00:17:20,117 --> 00:17:21,466 So that is what I 617 00:17:21,476 --> 00:17:22,516 have for you today. 618 00:17:22,717 --> 00:17:24,267 I don't see any comments 619 00:17:24,267 --> 00:17:24,977 in the comment box. 620 00:17:24,977 --> 00:17:26,157 I'm happy to. 621 00:17:26,430 --> 00:17:27,920 Take any questions 622 00:17:27,930 --> 00:17:28,710 if you have them 623 00:17:29,129 --> 00:17:31,629 and if you don't, you can find 624 00:17:31,659 --> 00:17:33,072 out, some of the things that I 625 00:17:33,172 --> 00:17:35,238 mentioned are things that are 626 00:17:35,238 --> 00:17:37,468 probably copyrightable because 627 00:17:37,468 --> 00:17:39,598 not everything that we create, 628 00:17:39,925 --> 00:17:41,915 not all the content we create. 629 00:17:42,204 --> 00:17:45,220 Is copyrightable and so I 630 00:17:45,220 --> 00:17:47,130 have created an assessment, a 631 00:17:47,130 --> 00:17:48,800 free assessment tool that will 632 00:17:48,800 --> 00:17:49,980 determine whether or not your 633 00:17:49,980 --> 00:17:52,560 expertise is copyrightable. 634 00:17:52,854 --> 00:17:54,368 please feel free to go to 635 00:17:54,368 --> 00:17:55,548 my website, thinkbeyondip. 636 00:17:56,868 --> 00:17:58,478 com and there you can 637 00:17:58,478 --> 00:18:00,498 sign up, for my newsletter 638 00:18:00,518 --> 00:18:02,208 and for podcast updates. 639 00:18:02,647 --> 00:18:04,558 And you will also get your 640 00:18:04,598 --> 00:18:06,348 expertise copyrightable. 641 00:18:06,569 --> 00:18:08,182 Assessment, thank you 642 00:18:08,212 --> 00:18:09,302 all for joining me. 643 00:18:09,602 --> 00:18:10,622 if you have any questions, 644 00:18:10,652 --> 00:18:12,082 just shoot them to me, either 645 00:18:12,082 --> 00:18:13,572 on LinkedIn or I think beyond. 646 00:18:13,572 --> 00:18:13,662 I. 647 00:18:13,662 --> 00:18:14,102 P. 648 00:18:14,408 --> 00:18:15,188 Aaron, I think beyond. 649 00:18:15,188 --> 00:18:15,238 I. 650 00:18:15,238 --> 00:18:15,448 P. 651 00:18:15,448 --> 00:18:17,518 dot com and I will hope 652 00:18:17,518 --> 00:18:19,298 to address them in the 653 00:18:19,298 --> 00:18:20,488 next LinkedIn live. 654 00:18:20,668 --> 00:18:21,478 Thanks so much.