Your Money, Your Business, Your Life

Everything About Intellectual Property with Michael Lechter

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Many successful businesses today have achieved success simply because of their intellectual property, but protecting this type of business asset is often confusing for many entrepreneurs, industry thought-leaders, and startup companies. 

What is “intellectual property” and how do you protect it? 

On today’s episode of Your Money, Your Business, Your Life, I am joined by none other than intellectual property expert – and my husband – Michael Lechter. Michael is an intellectual property attorney with the unique ability to explain complicated topics in a simple, easy-to-understand way. He joins me to explain what the term “intellectual property” means, how to identify and protect it in your business, and why it is so important to protect your intellectual property in today’s business world. 

 

“To leverage your intellectual property, you have to protect it.” – Michael Lechter 

 

This Week on the Your Money, Your Business, Your Life Podcast: 

  • What is intellectual property? 
  • What you need to do to prove you are the owner of a profitable idea. 
  • The types of intellectual property protections most businesses should consider. 
  • The difference between copyright, a trademark, and a patent. 
  • Why you need an overall strategy to protect your intellectual property. 

 

How to Protect Your Intellectual Property: 

  1. Recognize your business has intellectual property and what it is. 
  1. Talk to an intellectual property attorney. 

 

 

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