April 25, 2024

Stephen Robertson: What's My IP?

Stephen Robertson: What's My IP?

In this compelling episode of "Tech Me Seriously," Sarah Tenisi, CEO of TenisiTech, dives into the world of Intellectual Property (IP) with guest expert Stephen Robertson. As founder of Metis Partners, Stephen brings over two decades of experience in helping businesses recognize, protect, and leverage their IP assets. Together, they unravel the complexities of intellectual property, offering invaluable insights into its role in driving business growth, securing competitive advantages, and preparing for future scalability.

What is Intellectual Property (IP)?
Stephen explains that IP encompasses not just patents and copyrights but also brands, trade secrets, software, and crucial data. These intangible assets are often undervalued but are key differentiators and value drivers for businesses. 

How can service companies discover and leverage their IP?
Contrary to common belief, service businesses possess IP too. Stephen demystifies the notion, showing how service-based models can identify and protect their unique processes, customer relationships, and even their brand as IP. 

Why is understanding and protecting IP from the start important?
From securing a competitive edge to enhancing valuation for investments or exits, early IP recognition and protection are crucial for sustainable business success. 

How does IP influence fundraising and exits?
Stephen shares that well-managed IP can significantly influence a company's valuation, affecting fundraising efforts and increasing exit multiples.

Three Biggest Takeaways: 

1. IP is More Than Patents: Intellectual Property extends beyond patents and copyrights, encompassing all unique aspects of a business that provide a competitive edge, such as customer relationships, proprietary software, and brand identity. 

2. Early Protection is Key: The early identification and protection of IP assets are critical in safeguarding a company's unique value, enhancing its market position, and securing higher valuations for investments and exits. 

3. IP as a Strategic Asset: IP should be viewed as a strategic asset, integral to a company's growth and scalability plans. Proper management and leveraging of IP rights can open new avenues for revenue generation and market dominance.

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