In the entertainment industry, owning and leveraging your intellectual property (IP) can be the key to success. This was made clear in a recent interview between rapper T.I. and Shannon Sharpe, where T.I. shared his wisdom on the subject.
The conversation started with a mention of Dr. Dre selling his music catalog for $200 million, which sparked T.I.’s insight on the power of owning and monetizing IP. Shannon compared it to flipping houses into an AirBnB, highlighting the potential for financial gain. However, T.I. also emphasized the importance of protecting and defending your IP rights.
Many creatives may not fully understand the value of their IP when they’re just starting out, but T.I. made it clear that failing to protect it can lead to losing everything you’ve built. He urged listeners to take steps to protect themselves and their IP now, rather than waiting until it’s too late. This is important for legacy. This includes having a strategy in place to protect, enforce, and monetize your IP, as well as taking measures to prevent theft or infringement.
To take advantage of the wisdom T.I. so eloquently stated, we at Patent Insider are letting those looking to learn more about protecting their IP, encouraging them to contact our office for a free assessment or click the link in his bio.
In conclusion, owning and leveraging intellectual property can be a powerful tool for success in the entertainment industry, but it’s important to understand the value and risks involved and take steps to protect it. This is a valuable lesson from T.I. and it is important for all creatives to be aware of their own intellectual property rights and take steps to protect them.
The truth is no one knows…
the true value of your intellectual property
when you’re getting started
But you can calculate the risk of losing
everything you’ve built by not protecting it.
✅You must have a strategy to protect your IP‼️
✅You must have a strategy to enforce and defend your IP rights‼️
✅You must have a strategy to get paid from your IP‼️
🚩Don’t wait until it’s too late.
🚩Don’t wait until your social media handles are stolen
🚩Don’t wait until you get a cease and desist
🚩Don’t wait until you’re being sued
🚩Don’t wait until you’re being copied
✅Take steps to protect yourself today
✅For a free IP assessment contact our office today