Up and Running:

Starting your business with growth in mind

By Tim Berry
What? Wait for a Patent? No, Please!

This is from my ask-the-experts work at Entrepreneur.com. I’m putting the text below, for searching purposes, but you can see the visual here:

Question: A year ago I developed a software-based idea and have recently patented it. Currently it’s at the patent-pending stage, but I don’t know how to proceed from here. I’ve researched, but don’t know where to go from here. I’ve hit a wall. Do you have any suggestions?

Answer: Sorry, but you shouldn’t be waiting for your patent. Build your business. Protect your know-how as best you can, but the patent system is broken, and even when you have that patent you’ll still have to protect your intellectual property with legal expenses. Patents don’t offer that much protection anymore, not in the real world.

So what to do? Get good legal help, somebody who really knows the area and somebody you can trust, and have them help you build whatever walls are possible–whatever you can do to protect your know-how and all. But in the meantime, build a business.

This entry was posted on Tuesday, January 22nd, 2008 at 3:11 am and is filed under startup advice. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.




Leave a Reply


  • About Me Visit My Site
    MORE FROM TIM BERRY
    New version for 2008. Looking for a fast, easy way to create a business plan? This popular software solution offers 500+ sample plans, step-by-step guidance and more. Your words, your numbers. Let the software do the mechanics.

    Download Business Plan Pro 11 Today!


    Email Management made simple. Never stumble over shared email again.

    Sign up now!


    Marketing Plan Pro 11.0 powered by Duct Tape Marketing is simple, practical marketing plan software that makes it easy to plan and carry out the marketing activities you need to grow your business.

    Download Marketing Plan Pro 11.0 Today!


    BOOKS BY TIM BERRY
    The Plan-As-You-Go Business Plan is out now, done, and available for order ...

    It's in stock at Amazon.com, Barnes and Noble, and Borders.


    3 Weeks to Startup is in final production, due out in October, and is available for preorder ...

    At Amazon.com, at Barnes and Noble, and at Borders.

  • Recent Posts

  • Categories

  • Archives

  • I was podcasted on Small Business Trends Radio
  • Books I recommend