187 - Rich Goldstein: The Importance of Protecting Your Ideas and Intellectual Property

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187 - Rich Goldstein: The Importance of Protecting Your Ideas and Intellectual Property

The Founders Live Podcast

Nick Hughes is joined by Rich Goldstein, a patent attorney and founder of Goldstein Patent Law from New Jersey. Rich is a patent attorney, entrepreneur, author, and speaker who specializes in assisting others in protecting and monetizing their ideas. He is passionate in helping entrepreneurs to better understand how patents may help them grow their businesses. The episode starts with Nick and Rich discussing his journey into law and entrepreneurship, including his lessons of 28 years of entrepreneurship - and sales. They then talk about protecting your brand and how to keep Competitors from getting too close to your territory. Rich details how to understand the difference between a patent and a trademark, how to market your concept and when to be more public about it, and how to navigate the situation if you encounter trouble or others in the market. Nick and Rich talk about when it's not best to patent your concept, or weighing the pros and cons to making the investment in legal protection early on in the startup process. Rich ends with his tips and lessons for early stage entrepreneurs. This is a fun and educational conversation with a IP and Legal expert, we hope it helps you today. https://www.goldsteinpatentlaw.com/