How To Double or Triple the Value of Your Business With Intellectual Property (IP) Protection

Nov 22, 2022

Rich Goldstein, Principal Patent Attorney at Goldstein Patent Law, discusses the importance of intellectual property protection for e-commerce sellers, including trademarks and patents. Topics covered include the challenges and benefits of international trademarks, the purpose of utility patents, and the consequences of not protecting intellectual property. Recommendations for influential figures in the e-commerce space are also provided. Discover how to double or triple the value of your business with IP protection.

Ask episode

Chapters

Transcript

Episode notes

Introduction

00:00 • 3min

The Importance of Intellectual Property Protection and Trademarks

02:31 • 16min

Understanding the Purpose of Utility Patents

18:33 • 2min

The Importance of Intellectual Property Protection

21:01 • 22min

Recommendations and Influential Figures in the E-commerce Space

43:09 • 2min

Exploring the Value of Intellectual Property (IP) Protection for Businesses

45:02 • 2min

Rich Goldstein is the Principal Patent Attorney at Goldstein Patent Law, a boutique law firm focused on providing clients with essential patent protection strategies and patent prosecution. A respected professional in the industry for nearly three decades, Rich has acquired over 2,000 patents for his clients.

Rich’s mission is to connect, protect, and educate inventors, start-ups, small businesses, and e-commerce and digital marketers to obtain patent protection. He makes learning about patent protection easy by hosting the Innovations and Breakthroughs Podcast and he wrote the book The ABA Consumer Guide To Obtaining a Patent.

In this episode…

These days many e-commerce sellers choose to sell their products on Amazon. With proper marketing, sellers usually find success within a few years, if not sooner. But with great success comes a few hassles. One is product copying.

As host Josh Hadley shared in previous episodes, one of his mistakes in his entrepreneurial journey was failing to protect his products. If you have made the same mistake or experienced product duplication, you’ll want to stick around to learn how to protect your intellectual property (IP).

In this episode of the eComm Breakthrough Podcast, Josh Hadley sits down with Rich Goldstein, the Principal Patent Attorney at Goldstein Patent Law, to discuss how sellers can double the value of their business with intellectual patent protection. Stay tuned to learn why you should trademark your brand, evaluate your product before applying for a patent, and understand the value of IP protection. Plus, Rich explains the significance of having an IP budget.

Resources mentioned in this episode: