Thoughts are valuable. Ideas make money. Whether we create music, artwork, a book or invent useful gadgets or change the world through innovation – all of this is intellectual property. An individual thought, rising on others can be recorded and evaluated in the same way any other kind of property can be tied into an originator’s worth and estate.
After real estate and a canny share portfolio, intellectual property is the next most important card in your wealth creation pack. Ideas can be recorded and preserved in legal tenure that can be passed down though generations. The value issuing from intellectual property that has truly impacted the world, can run to billions.
But how do you go about ensuring that your idea or your work is safe from being copied or passed off by unscrupulous people as their own? There are several ways to do this depending into which category your idea or invention falls.