EP: 212 – Mastering Intellectual Property – (Guest: Candice Shantell)

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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